Also, the ability to walk to one or more schools can be an attractive bonus. Suburban downtown developments that are next to train stations can offer the best of both worlds for young professionals and retired residents who enjoy maintenance-free condo or townhome living with the option to easily get to metro areas. The crime rate of a city or group of neighborhoods could be another key factor when deciding where to buy a home. Also, if you have younger children, you might want to avoid a home on a busy street.
Some homebuyers enjoy the convenience of being able to walk or take a short drive to restaurants, shops, theaters or similar attractions. If going out multiple times a week is part of your current or desired lifestyle, the distance to entertainment can be an influential factor in your home purchase. Natural areas could be a big plus, especially if you enjoy walking, running and biking. If you buy a home with a large natural lot, get ready for many weekends filled with yardwork.
However, HOAs can seem too restrictive to some homeowners, who might prefer the freedom of updating their home without asking an association for permission or being subject to surprise special assessments when major community renovations are needed.
But assessing out-of-state areas can be tougher, which is why you might want to consult a nationally recognized evaluation guide or rankings before you move. Here are a few worth considering:. There are many other online rankings available from a variety of sources that focus on the best places to raise a family, top school districts, best business climate and much more.
A couple of ways to anticipate livability change include:. Figuring out your own livability priorities before you start a serious home search will be key to ensuring that the home you buy is one where you feel safe at and can enjoy for many years to come. Bob Musinski has written about a variety of financial-related topics — including personal and business loans, credit cards and personal credit — for publications such as U. News and World Report.
He has worked as an editor and reporter for multiple publications and an international wire service. You can follow him on twitter bobmusing. She has won several national and state awards for uncovering employee discrimination at a government agency, and how the financial crisis impacted Florida banking and immigration. Select Region. United States. United Kingdom. Bob Musinski, Rachel Witkowski. Contributor, Editor. Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations.
What Is Livability? Education For some families, making sure the home is in a highly rated school district can be the most important starting point for a home search. A neighborhood is an area where people live and interact with one another. Neighborhoods tend to have their own identity, or "feel" based on the people who live there and the places nearby. Residents may have similar types of families, income s, and education level.
Neighborhoods can include restaurants, bookstores, and parks. Neighborhoods often have fuzzy geographical boundaries, so sometimes its difficult to tell where one starts and another ends. Major streets often act as logical boundaries, but people usually define a neighborhood by its characteristic s. Neighborhoods are usually mentioned in terms of big cities, but suburban or rural areas also have neighborhoods. Suburban neighborhoods tend to have larger homes and more families than urban neighborhoods.
Neighborhood residents generally have similar incomes, as well as similar social characteristics such as education level, housing preference, and sense of public order. Sometimes, the dominant ethnicity in a neighborhood defines its character. People, especially recent immigrant s to a new country, will often cluster near others with the same cultural heritage.
In the United States, you can find them in neighborhoods such as Little Italy and Chinatown, names shared by neighborhoods in several cities. When people band together in this way, it strengthens their sense of community and preserves cultural traditions. Residents benefit from nearby relatives and a common language , as well as stores and services geared to their needs.
They are close to institutions important to them, such as churches and clubs. Unlike neighborhoods, ghetto s and barrio s have historically been areas where ethnic groups were forced to live. In China, a nation of more than 1 billion people, a neighborhood is a government district. Neighborhood leaders, like city and state leaders, are responsible for the order and management of the area. The audio, illustrations, photos, and videos are credited beneath the media asset, except for promotional images, which generally link to another page that contains the media credit.
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