What Makes a Neighborhood Desirable?

Everyone has their own opinions about what makes a house a good choice. The quality of the surrounding neighborhood is usually at or near the top of most lists. Properties For Rent Basking Ridge NJ are blessed with great neighborhoods but some buyers, especially first-timers, may not know exactly what criteria make a neighborhood desirable.

Opinions vary, but there are usually some common elements that buyers like to see in a neighborhood. Good schools, well-maintained homes, green spaces and a convenient location are on most “must-have” lists. But what else makes a neighborhood a good choice, both for your lifestyle and for resale value?

Location
Location is not just the standard real estate agent answer; it really is that important to the value of a home. When choosing a neighborhood, never discount accessibility. Look for features that make the location convenient for everyday living. You want to be close enough to amenities for comfort, but far enough to maintain a residential feeling.

For instance, you’ll want to be within a few minutes’ drive from a good grocery store but you’d probably not want one adjacent to your property. Easy access to commuter transportation or roadways will boost property values but a highway view won’t do your home any favors for resale. Nearby community amenities like fitness centers, churches, small movie theaters, specialty food stores and restaurants can also have a positive effect on your property values.