What Questions Should You Ask About Your Potential New Neighbourhood in Edmonton?

Posted by on Tuesday, April 9th, 2019 at 9:06am.

How to Find the Right Edmonton Neighborhood When Buying a HomeBefore you choose a new neighbourhood to call home, you need to ask a few questions. Not every neighbourhood fits for every buyer. Some are better for families and others fit better for young couples. Here are a few questions to consider asking yourself and about the neighbourhood.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Questions to Ask Before Deciding On a Neighborhood

Ask Yourself the following:

  • How much home can you afford? - Getting a pre-approved mortgage will give you an idea of how much you can afford, but you must take it a step further. Look at your budget and make sure you figure out the payment you think you can afford.
  • What are your home needs? - Whether you just need a starter home for you and your spouse or you're searching for a larger home for your family, it's important to figure out your specific needs.
  • What are your likes and dislikes about your current neighbourhood? - Understanding what you like and don't like about your current neighbourhood will help you choose the right new neighbourhood for your needs.

Research the following about the neighbourhood:

  • What types of schools serve the area? - If you have school-aged children, it's important to know how good the schools are in the neighbourhood.
  • What's the local opinion of the neighbourhood? - Discussion forums online are great for finding out what people living in the neighbourhood think about it.
  • Does the neighbourhood vary depending on the day/time? - Before you commit to a home in a new neighbourhood, if possible, you should visit the area during different times of the week and day.

What Should You Analyse about a Neighbourhood before House Shopping?

If you’re thinking about getting a new home or maybe purchasing your first home, there are some major factors to first consider. Primarily, you want to make sure you know what type of neighbourhood you are getting yourself into.

A home purchase is intended to be a long-time decision so making sure you know what your family’s needs are is crucial. Along with the school district, neighbourhood amenities and location, you should consider the following when house shopping.

Neighbours

When you purchase a home, make sure you’ve looked into the neighbours. You’ll live next door to these people for a long time. Try to engage with them as much as possible to get an idea if they are people you could live near for a long time. If you have a neighbour that smokes frequently outside or someone that might act like a pest if you haven’t mowed your lawn quickly enough, you may want to avoid living next door to this person.

Noise and Traffic

Once you think you’ve found a great home and neighbourhood, you need to find out about the noise and traffic situation. Traffic patterns can change which will make it more dangerous for children and noisier. Keep an eye out for party houses or a nearby church that takes up parking spots on your street on Sundays.

Amenities

Every neighbourhood has a sub-culture with its own quality of life. Find out if your neighbourhood is going to be near shopping, entertainment, restaurants and schools. This will affect your transportation and lifestyle.

Schools

Whether you have kids or not, make sure you are considering schools. If you have kids down the road you’ll want to be near schools. Plus, homes near schools usually have a higher resale price.

Finally, keep an eye on future development in the neighbourhood. Future development will cause an increase in property value. Think about your family’s needs and best interest before purchasing a home.

Find Your Perfect Edmonton Neighborhood Today

All of these questions are very important when you're searching for a new Edmonton neighbourhood. Make sure you find a home that fits into your budget, your needs and provide just what you need for your family.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

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