The location of a new home is very important. It does not only determine a single property’s value but the homeowner’s enjoyment of the home as well.
It is so important that the whole real estate industry harps on it. Multiple factors should be considered before buying a new house, the preference being the biggest one.
For instance, if you like a peaceful and serene area, refrain from buying a home situated in a big city, an airport, or railroad tracks. If you have an area that you want to visit often then consider the distance that would give you enough convenience without sacrificing your other preference. Something like the Marlboro area might be perfect for you.
We know how easy it is to like a home without considering the location. So here are three things for you to consider and help you before you sign on the dotted line of that purchase agreement.
1. “No homes near the location?”
As attractive as it may be, it is probably worth the research before considering it. If the land is not a government set-aside (meaning that it’s privately owned), then it would be better if you do some research on what developments are planned for that area.
A few years back, the homeowners of a peaceful, 25-year-old Minneapolis suburb were shocked to find out that the open lot near to their home was zoned to be developed commercially.
They learned about this shocking news while reading the news report that the city approved the construction of a superstore directly across the street from the subdivision’s entrance.
Imagine living in the area after the store’s completion. The amount of noise coming from the traffic, the huge trucks making deliveries in the middle of the night, and glaring parking lot lights pouring through their windows.
The lesson here? Do your research of all the vacant lots in the vicinity of the home you have your eye on. The town of Marlboro has it’s own site that you can check out. Click here: https://www.marlboro-nj.gov/
2. Is the neighborhood nice?
If the house that you are eying on is the only presentable house in the neighborhood, you may want to think twice about it.
The condition of the surrounding homes has a great impact on the value of all of them. If the nearby homes have trashy yards or unpresentable paint that would drag the value down of the other houses nearby.
Then there are the bigger impacts/factors on nearby home values. These include homes near:
- Foreclosed homes
- Power plants
- Funeral homes
- City dump
- Noise pollution
- Sex offenders
- Poor-performing schools
When you tour a home that you’re interested in, drive through the neighborhood at different times of the day, weekdays, and weekends.
Then, try to drive around the area surrounding the neighborhood to check for anything that may impact the home’s value now and down the road when you sell. This would include railroad tracks, airport noise, dumps, etc.
3. Crime rates
This applies to all but it is more important to a single woman or a family with children, checking the area’s crime rates is critical. Even the most appealing neighborhoods could be in high-crime areas.
You can find crime statistics online at various websites. Neighborhood Scout offers reports for a fee. Also, many police departments offer them for free, online.
The United States Department of Justice offers, at no charge, a way to search for sexual predators on its National Sex Offender Public Website.
Knowledge is power, most especially when shopping for a home. Ensuring that the location of a new home fits your needs and desires is part of your due diligence. Neglect it, and you may be sorry.
Thinking maybe Marlboro is the right area for you? I’d be happy to help you call Marlboro your new home.
Download your FREE copy of the “Ultimate Home Buyer’s Guide” today!
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Cori Dunphy is local, she’s a life -long resident of Monmouth County. Why is that important? Because she has knowledge of the area. Cori Covers all of Monmouth County but has a very strong following with listing and selling homes in also has experience listing and selling houses in Marlboro, Morganville, Manalapan, Freehold, Hazlet, Holmdel, Matawan, Aberdeen, and more. She has a true understanding of the market in Monmouth County.
Cori Dunphy is a Marlboro Township resident. If you need extensive information about Marlboro Township, Everything from Real Estate, to Restaurants, From Schools to Shopping. JUST ASK!
Cori Dunphy is Realtor®. When you are a realtor. You are forced to follow an extreme code of ethics and Cori stands by that. Her clients needs have and will always come first.
Cori Dunphy is a Certified Pricing Strategy Advisor. This means she can help you determine the most competitive and realistic sales price when listing your home. Relying on your tax assessment or an online estimate just isn’t accurate. A Pricing Strategy Advisor knows how to determine the market value, AND how to help you determine a price that will make your home competitive with other houses for sale.
Cori Dunphy is a Certified Real Estate Negotiator. This means after you receive an offer on your house, she will use proven negotiating strategies to get you under contract and sold.
Cori Dunphy is a Senior Real Estate Specialist. This means she has the training and experience to meet the needs of the over-55 homeowners who are typically considering retiring and/or downsizing, and whose needs are different than those homeowners under age 55. Cori Currently specializes in the Adult Community of Greenbriar. www.greenbriarmarlboro.com
Cori Dunphy is a certified e-Pro. This means she uses extensive creative online marketing to get homes sold. Why? Because the majority of buyers find the house they end up buying online! Your house, like most houses for sale, will be found on the thousands of real estate websites showing homes for sale. Melissa will extensively market your home on a wide variety of social media platforms. Melissa will ensure your house has its own dedicated property webpage, and will also ensure your house is a “featured property”. Ask Melissa about the one unique marketing concept she uses that NO ONE else in the area is doing!
Cori Dunphy has proven experience working with home sellers. Every house Cori has ever listed has SOLD!
Cori Dunphy knows the real estate market. She knows the average days on market of homes for sale. She knows the sales price trends. She knows whether it’s a buyers or a sellers market, and can provide the advice to get homes sold!
Do you have a house to sell outside Cori’s area? Cori will connect you with a Realtor® in her network. Currently her network includes: New York, Pennsylvania, Texas, California, Tennessee, Georgia, North Carolina, South Carolina, Arizona, Las Vegas, Maryland, Rhode Island and Kentucky. This network is growing everyday!
Curious about the Marlboro NJ market? Hop over to my website and take a look around. www.corisellsnj.com
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