Homebuyers: How to Evaluate a Neighborhood
You are ready to purchase a home. You have done your homework and mapped out your affordable price range, saved sufficient down payment money, found a suitable lender, and have looked at some of the available homes. You've checked out the neighborhood (as well as a few neighbors) and found homes in areas that you find appealing. Have you given thought to how your choice of neighborhood can affect the lasting value of your home?
Assuming that you have evaluated the aesthetics of the neighborhood and found a home that appeals to you, here are a few tips to see if the value of that home is likely to hold.
