Evaluating a Neighborhood

Evaluating a Neighborhood - Ottawa House and Condo Hub

Drive Around

  • Does it look like a place you’d like to live?
  • Is it near places you’d like to go?
  • Is it too near places you’d rather avoid?
  • How are the access routes around the city?
  • What’s it like at night?
  • Consider driving around the area at different times.
  • How long of a commute is it to work?

Education/Income Profile

  • What is the average household income?
  • The education level?
  • Occupation?
  • Family Type?

Quality of Schools

If you don’t have children these issues may not seem important, but could be when selling.

  • What choices of schools are there in the area?
  • What is the school performance?
  • Capacity of school in relation to # of students?
  • Parent involvement?
  • After school activities, teams?
  • Can children walk to school?
  • If busing, how many transfers?
  • How close is bus stop to house?

Cultural Amenities

Proximity to parks, museums, galleries, universities, seasonal entertainment, theaters, orchestras, etc. Even if you don’t frequent them, they help set the tone for the area.

Property Values

Steady or increasing values generally mean a sound investment. It is almost always best to buy the smallest, least expensive home in the best neighborhood you can afford.

Future Growth

If you are not planning on staying in your new home for a number of years, an abundance of new construction being planned could affect your resale. Equally true, however, is the existence or planning of higher end properties which could increase the value of your home down the road.

Your Realtor and House and Condo Hub is your best source of information on property and neighborhood information!