As the old saying goes, "location, location, location." Choosing the right neighborhood is just as important as choosing the perfect home. The location of a home can have a significant impact on daily life, and it can affect several factors such as commute times, access to amenities, and more.
If you're looking to buy a home on the Eastern Shore, you may be wondering what factors should play into your decision when deciding on a neighborhood. Below are the top 10 things you should consider to help you make the best choice for your needs and lifestyle.
1. Access to Amenities
The Eastern Shore of Maryland is known for its charm and abundance of water activities. One of the essential factors in choosing a neighborhood is access to amenities. This includes grocery stores, schools, healthcare facilities, restaurants, and entertainment as well as leisure activities like beaches, parks, or boating facilities. Consider how important amenities are to you, and research the area you're considering to ensure it has everything you need within a reasonable distance.
Perhaps one of the most crucial factors in neighborhood selection is safety. Research the crime statistics of potential areas and look for indicators of safety, such as well lit streets, visible policing, and neighborhood watch programs. Your home is your sanctuary, and you want to feel secure in your surroundings.
3. School Districts
For families with children or those planning to have kids in the future, school district quality will be a crucial factor in neighborhood choice. Research the schools in the area, both public and private, and consider their quality rankings, class sizes, and extracurricular offerings.
4. Commute Times
The location of your job will play a significant role in choosing a neighborhood. Consider the commute times to and from work and the availability and convenience of public transportation. If commuting is a significant stressor in your life, choosing a home with a short commute can greatly improve your quality of life.
5. Property Values
Property values can fluctuate greatly depending on the neighborhood you choose. Look at the long term trends in property values, and consider the overall investment potential of the area. If you're looking for a home to hold onto for years to come, you'll want to consider the potential resale value.
6. Walkability & Bikeability
Living in a walkable or bikeable community can improve your health and overall quality of life. Consider the availability and safety of sidewalks and bike paths and the proximity of key amenities such as grocery stores or parks. This factor can greatly improve your daily routine and overall lifestyle.
7. Community Atmosphere
The overall atmosphere of a neighborhood can vary widely. Consider factors such as the demographics of the area, local traditions or events, and the general attitude of the community. If you're looking for a close-knit community or an active social scene, you'll want to consider the neighborhood's overall vibe.
8. Future Development Plans
Research the future development plans for the area. Will there be any potential new amenities or businesses coming into the area? Will there be any significant changes to the community's infrastructure or zoning? Understanding future development plans can help ensure that the neighborhood will continue to meet your needs and hold its value over time.
9. Noise & Air Pollution
Consider the noise and air pollution of the area, particularly if you have any respiratory issues. Look at the proximity of highways or busy roads, sources of noise such as trains or airports, and the overall air quality of the area. Living in a noisy or polluted area can significantly impact health and overall quality of life.
10. Homeowner's Association
In many neighborhoods, there are homeowner's associations that regulate community rules and fees. Research the rules and regulations of the homeowner's association and consider any fees associated with living in the community. Some homeowner's associations can be strict with their rules, while others may require additional fees for community amenities or maintenance.
Choosing the right neighborhood can make all the difference in your daily quality of life and overall investment potential. Consider these ten factors when choosing your neighborhood, and reach out to Chuck Mangold when you’re ready to tour some homes on the Eastern Shore or if you need help with your home search.