Neighborhood Selection Guidance for Southern California

Neighborhood Selection Guidance for Southern California

Selecting real estate is about more than the individual home. Each neighborhood includes a particular feel, activities, and features. Several considerations should drive your decision to select a home. Read below for neighborhood selection guidance for Southern California.

What to Investigate

Schools

Each neighborhood fits within a certain school district which may vary in ratings. It is important to identify which district you are in before picking a piece of real estate. School rankings may typically be found on the Internet. You can contact schools personally for information or to plan a visit.

Local Information

Location is usually the most critical factor for real estate. Compare the real estate prices in the particular area as it will differ from others or from the overall city. Average sales price, sales volume, and average days on market can give you an indication of how desirable the area is and how quickly homes there move. A local real estate professional will provide you with this data. Evaluate not only data for the existing year but also for previous time frames.

Neighborhood Amenities

Be sure to tour a neighborhood. Find any amenities such as parks and shops. Return at various hours of the day to review traffic patterns. Review the condition of local homes. Look up crime rates online and by contacting the police department. Speak to people in the neighborhood as they often know details not posted in public sources. This will all give you a better understanding of the area before committing to a home purchase.

Reviewing Restrictions

Review the deed and other documents for a home and pay close attention to any covenants, restrictions, and fees. If you have certain plans for the house, check for rules related to those plans. If in a neighborhood with non-public roads or shared features, inquire about monthly fees and how frequently they could change.

Future Changes

Research the city and the particular neighborhood online. This will identify any recent news or records publicly available. Look particularly for any disputed changes or other news that can affect the quality of life. Neighbors can also be a useful source of information.

Additional Neighborhood Selection Guidance for Southern California

Purchasing a property is a significant investment. Understanding the items above will better educate you on that investment. Consult with a local real estate broker for answers on various neighborhoods and for further neighborhood selection guidance for Southern California. Utilizing the services of a real estate agent may also make real estate buying less stressful. This article was compiled by Matthew Rapoport at Homes Inc..