When looking for a home, buyers always want a neighborhood that’s values will continuing rising – so their investment will pay off when it comes time to sell! Everyone checks for the neighborhood’s record of home prices, but here are three other ways that you can ensure your neighborhood will stay on the upswing:
- Desirable Amenities
It goes without saying that a community with attractive features will naturally draw homeowners! This can include necessary features of any community – such as a hospital, good grocery stores, and retail options such as a mall. Desirable amenities can also include something more unique about a specific neighborhood – such as scenic views, a local attraction, or even a good public park. If the neighborhood is more suburban in nature, then a good school can increase a home’s value up to 20 percent!
- Convenient Access
One of the most important ways that a community can protect the values of homes in their community is by ensuring convenient access to a plethora of jobs. This can include public transportation options such as busses to major interstates that can quickly feed a larger city. Most people want to work close to where they live, so by providing as many convenient transportation options as possible, a neighborhood can ensure that it stays desirable and poised for long-term growth!
- Maintain a Low Crime Rate
No one wants to live somewhere with a high crime rate! You can learn about a local neighborhood’s crime rates by talking to your future neighbors, doing your research on local news websites, or checking one of the many neighborhood statistics websites for more information. A good old-fashioned drive-through the neighborhood at different times of day and night doesn’t hurt either!