When you are buying your new Santa Cruz home, you will not only need to consider the house itself but the neighborhood that it is located in. The old real estate cliché about “location, location, location” is true, as the area of the city where your home is located will have an impact on its future value as well as your lifestyle.
So what factors should you consider when you are choosing which neighborhoods to house hunt within?
Proximity to Your Daily Needs
If you work downtown, living out in the suburbs means that you will be adding time for a commute onto your day. While this might be worth the cheaper prices for properties out of the town centre, it is something to consider when making your decision. You will also need to consider whether the house is near shopping centers, schools, doctors, dentists and other services that you will need regularly.
When you are choosing a neighborhood to buy in do some research into what developments are planned in the future for that part of town. For example, you might be able to get a cheap price on a home that is out of the way, but a new proposed highway leading straight into the town centre that will be built in the next five years could increase property values considerably.
Take a walk around the neighborhood where you are considering buying and get a sense of the overall atmosphere. Are there a lot of families living there? Are there green places to relax? Are people friendly and saying hello to you? You want to live in a place where you feel welcome and comfortable.
Different neighborhoods will have a range of house prices and you will want to look for somewhere with the right balance of value. Some areas of town will be very expensive but very nice; other areas will have cheap house prices but might not be pleasant to live in. Take the time to find the neighborhood that is in the middle, where you will find the right house at a good price.
These are just a few of the factors to consider so that you can choose the right neighborhood to buy in. For more information about buying a Santa Cruz home, feel free to contact me today at Lauren@LaurenSpencer.com or phone me at 831.662.6522.
For additional real estate information, please visit my home page at www.MySantaCruzRealEstate.com.