10 Things to Know About Your New Neighbourhood

Choosing Your New Neighbourhood

It doesn’t matter whether or not you are the type that intends to interact with individuals in your community, your new neighbourhood impacts the enjoyment of your home. Rules and regulations in the area, the demographics of the neighbours, and the way the community intends to grow all have a bearing.

Often, home buyers forget to look into their new neighbourhood thoroughly when they buy, and face disappointments once they move in. Most home buyers moving to an area they are unfamiliar with will check out accessibility to quality schools and shops. Otherwise they simply focus on selecting a home for the home, not for the neighbourhood. Before signing on the dotted line to commit to a new home, check into these 10 things you should know about your new neighbourhood:

1. WHAT ARE THE NEIGHBOURS LIKE?

Explore your new neighbourhood. Take time to get a feel for the locals and how you might fit in. Does the area attract empty nesters and retirees, for example, or is it characterized by young families? A real estate professional can help inform you about demographic trends.

2. DOES IT FIT YOUR LIFESTYLE?

Your home buying checklist may include amenities that are must-haves for your lifestyle, such as access to public transit, a strong community centre, a place of worship, or even a great dog-walking park for your pooch.

3. WHAT ARE THE SCHOOLS LIKE?

Some schools are in such demand that parents will seek out a home in that area. Even if you don’t have young ones at home, a location in a desirable school district can give you an advantage if you decide to resell.

4. WHAT WILL YOUR COMMUTE BE LIKE?

If you drive to work, test your prospective new route in rush-hour conditions. Add up any additional costs you might incur for fuel, parking, or public transit.

5. IS THERE COMMERCIAL ACTIVITY NEARBY?

Shops and recreational facilities can help an area thrive economically and, for some buyers, may add to a neighbourhood’s attractiveness. On the other hand, consider whether the traffic levels or noise will be an issue.

6. IS THERE A HOMEOWNER’S ASSOCIATION?

Condo or neighbourhood associations can bring people together, instil a sense of belonging and advance the needs of the community. Many have their own volunteer-run websites, so search the Internet or inquire at city hall.

7. IS THE NEIGHBOURHOOD NEW?

Don’t judge a new development solely by the plans. If you can, go to the building site to see where things will be in relation to a lot or building, such as street lighting, fire hydrants, transformers, driveways, or intersections. Find out where schools, retail space, or other amenities are planned. Raise any questions with the builder or representative before you buy.

8. IS THE AREA SHOWING ITS AGE?

Consider the area’s infrastructure, from roads to utilities, to schools and other public facilities. Are improvements part of a city or town’s long-term plan?

9. WILL THERE BE NEW DEVELOPMENT?

If you love a home for its adjacent green space or unobstructed views, don’t just assume it will stay that way. A real estate professional can tell you about zoning changes or planned construction that may affect the enjoyment of your home. Keep in mind that well-planned development can also enhance the value of a neighbourhood and improve its infrastructure.

10. ARE THERE RESTRICTIONS?

Some municipalities have unique bylaws to restrict things such as new driveways, pools, or sheds. In some private developments, the land title may include restrictive covenants to limit anything from stringing a clothesline to painting your front door an odd colour. Ask early to avoid any surprises at closing time.

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