Finding a home is about more than the house itself. Every neighborhood includes a specific set of people, activities, and features. Many factors should affect your decision to buy a property. Read below for neighborhood selection tips for Amesbury MA real estate buyers.
Things to Consider
Every neighborhood fits into a specific school district, and each may differ in rating. Determine the school district boundaries before selecting a piece of real estate. School information can normally be found online. You may also want to contact schools directly for up to date information or to schedule a visit.
Real Estate Market Statistics
Real estate is all about location, location, location. Compare the real estate prices in the specific neighborhood as it may vary from others and from the general town. Average sales price, total homes sold, and average listing time can tell you how desirable a neighborhood is and how quickly homes there moves. A local real estate professional can provide this information to you. Look at not only information for this year but also for previous years.
Take the time to drive up and down a neighborhood in advance of making an offer on a property. Find the local amenities such as playgrounds and restaurants. Return at varying times of day to witness traffic patterns. Review the characteristics of local properties. Look up local crime rates online and by contacting the local police department. Communicate with neighbors as they often offer information not available from public sources. All of this will help you get a better understanding of the area prior to making an investment in a home.
Covenants & Restrictions
Pull the deed and other documents for a property and find any covenants, restrictions, and fees. If you have specific plans for the house, check for rules applicable to those plans. If in a subdivision with private roads or shared amenities, ask about annual fees and how often they could increase.
Research the general area and the specific neighborhood using public resources. This will uncover any recent news or public records. Look for any contested changes or other events that may change the quality of life. People in the community may also be a great resource for this.
More Neighborhood Selection Tips For Amesbury MA Real Estate Buyers
Purchasing real estate is a huge investment. Evaluating the items above will ensure that you are well informed about that investment. Hire a local real estate professional for guidance on different neighborhoods and for more neighborhood selection tips for Amesbury MA real estate buyers. Using the services of a real estate professional may also make the home buying process easier. This information was prepared by John Wells at Wellsco Realty.