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Importance of a Good Neighborhood in Purchasing a House

As a buyer the quality of the neighborhood is as important as choosing a house. Your prime factor in choosing a house should not just be the price and condition of the property, but the neighborhood also. The residents in your neighborhood will have a big effect on your house. If you choose your house in a friendly and well to do community then you will always enjoy it and have peace of mind, but if not you will always have problems.

The factors that comprise a good neighborhood can depend entirely on your needs and taste. But there are certain factors which every buyer must consider before purchasing a house. These are mainly the transport facility, quality of schools, crime rate, future prospects of the area and proximity to school, work place, shopping centers, medical facilities and recreation centers.

If you are a first time buyer and looking for property within your budget then it is better to look for real estate in the outskirts of the city where there is good prospect in the future. This will help you get a house not just in your budget but also can get you good returns in the future. Before you purchase a house always find out the ratio between the demand and sale of the property in the area. This way you will get to know the most preferred location in the future.

The quality of schools in the neighborhood is another important factor. Find out the list of schools and educational institutes in the area and get the feedback about them from the residents in your development area. Also if you are working parents then the availability of day boarding is also important. Once you move in to your new house your children will be getting their education from these schools and institutes and if the quality or facility is not up to the mark then you will have problem.

Crime rates in the area can also have an adverse affect on the neighborhood. You should find out the level of criminal activity in your area from the local police station. Also it is important to check out the commitment of the police for ensuring law and order in the area. To have a good neighborhood it is essential that you have good security too.

A good neighborhood always has good connectivity. Imagine how difficult it would be for you and your spouse to commute to your respective work place everyday if there is no proper transport or the distance to the workplace is too long or if the traffic is too high. All these will eventually take your peace of mind and you will lose the interest in your new house.

There are some basic needs which always have to be taken care of while selecting house to purchase. The proximity to recreation centers, shopping malls, hospitals and medical facilities, children park, parks and fitness trails and the activeness of the community center in the area. All these factors will ensure that you also have a healthy and well maintained lifestyle.

By:Paromita Goswami

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