Quiz: should you Live Here?

It’s very far away from a hospital, Real Estate Buying and Selling (Recommended Looking at) but your doctor’s office is just about 30 minutes away. When you ask a neighbor about them, you find out college students usually rent the houses, and school is out for the summer. Proximity to a hospital is something you should not compromise on if you have a health condition or are pregnant. On your first drive through a neighborhood, you notice “for rent” signs on a particular street. Should you live here?

You found a great deal within walking distance of the beach with great amenities nearby. Should you live here? Should you live here? You’ve been looking for a new urban redevelopment with lots of amenities within walking distance. The only thing is, the neighborhood has a higher than usual crime rate. Bad crime is never a good substitute for a perk like living near the beach. An empty condo building is only a warning sign if it isn’t new. You find the perfect place, but the condo building is mostly empty after just a year of sales.

Should you live here? As long as you’re okay with living in a young college-oriented neighborhood, these “for rent” signs are not a warning sign. True or False: If you’re moving from another state, it’s perfectly fine to allow your real estate agent or friend to make the decision about the right neighborhood for you without seeing it yourself. You should always do whatever it takes to see your potential new neighborhood in person.

Even if you don’t plan to have children, the school zone you choose will have a great affect on your home’s resale value. Should you live here? True or False: If you see a neighborhood with lots of kids playing in the street, it’s a good choice for a family with children. You found a neighborhood in a great school zone, with a low crime rate and lots of amenities nearby, but it will double your commute to work. Your commute should be in the top five criteria for choosing a new neighborhood. Although it shows the neighborhood is kid-friendly, it may also mean there are no parks or other children activities nearby.

Since this condo building just started selling units, it will most likely fill up soon. The decrease is most likely due to falling home prices, which means as the market recovers, the taxes will likely increase again. Should you live here? You find they are in your budget because they have significantly decreased in the last year. You found a neighborhood you love and check to make sure you can afford the property taxes. You’re pregnant and found the perfect neighborhood for your new family.

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