Need help finding the right St Pete area neighborhood for your home search? Here are five factors that should figure prominently in your thinking.
Even if you don’t have kids, the quality of the schools in a given neighborhood should be high on your priority list. Mainly because property values are higher in communities with strong school districts, meaning that your home will appreciate more. That said, you may have to settle for less house due to higher prices.
Independent of school quality, you should look at local trends in home prices to get insight into that community’s future. If property values have been in steady decline for a decade, you’ll likely face issues when it comes to reselling down the line. Instead, look for up-and-coming St Pete area neighborhoods where home prices are climbing. Feel free to contact me and ask for a free neighborhood property value analysis.
Remember: When you’re buying a St Pete area home, chances are you plan on living there for a long time. Heavy traffic may not seem like a big deal now, but in five years you (and your wallet) may feel differently. A great test is to drive your daily commute to and from that neighborhood to better understand the level of traffic you will experience at different times of the day. Congestion can also have health and safety implications, not to mention car accidents increase with more traffic.
Also look at public transportation options and how close they are to your neighborhood. Trax could be a great alternative to your commute.
Emergency and Medical Services
In the event that something bad happens, you want to be sure that emergency responders can reach you quickly. It’s one thing to be close to a hospital, and quite another to be close to a good hospital. If possible, concentrate on areas in proximity to university hospitals, which tend to have more modern equipment and resources. Additionally, being closer to fire and police stations provide a sense of safety to a community.
Don’t rely on looks alone when evaluating the safety and security of a St Pete area neighborhood. Information on local crime rates (and most common types of crime) are commonly available from your local police department and the FBI website, and real estate sites like Zillow aggregate data from several sources to provide their own reporting. You may be surprised at what neighborhoods are and are not actually high on the crime stats.