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A
                                                                                      Place
                                                                                         to Call
                                                                           HOME
                                                                           L  ocation, location, location! The most important
                                                                           characteristic when determining the value of real
                                                                           estate continues to prevail. When you decide where
                                                                           to live, you are not only choosing a home, you are
                                                                           buying into a neighborhood. A community’s physical
                                                                           and social qualities have a major impact on the
                                                                           market value of the house, the desirability of the
                                                                           neighborhood and the lifestyle of its residents.


Top Influences in Selecting a Home                                                          Finding the Right
A neighborhood can be every bit as important as the dwelling itself. The 2009
National Association of REALTORS® Profile of Home Buyers and Sellers reported               Neighborhood
the results of a survey of consumers and real estate agents regarding top influential       Think about the features that
characteristics in selecting a home. Considered by 64% of individuals when                  matter most to you and your
deciding where to live, quality of neighborhood was one of the most cited factors.          family. Take a walk through the
Additional attributes that those surveyed deemed important:                                 neighborhood that surrounds
                                                                                            the home you’re considering




                                                                                                                                  © 2010 Buffini & Company. All Rights Reserved. Used by Permission. LGK MAY CAP S
• Convenience to jobs: 50%                                                                  for purchase. Are the other
  Commuting costs are a key factor in neighborhood selection. Of buyers who were            homes well maintained? Is
  questioned, 78% said the cost of transportation is at least somewhat important.           the environment peaceful? Are
                                                                                            there nearby amenities you are
• Overall affordability of homes: 43%                                                       interested in, such as parks,
  Your real estate agent can inform you of price appreciation trends in order to give       libraries, restaurants and retail
  you an idea of how solid your investment is or will be. Visit the local government        centers? Ask the local residents
  planning agency to ask about future developments such as new roadways, commercial         what it’s like to live in their
  construction and housing developments that may affect values.                             neighborhood. Find out if
                                                                                            there are any events that help
• Convenience to family and friends: 37%                                                    residents connect. Spend time
  With limited time and money, people prefer to live near the places they frequent          in the community at various
  as well as have access to public transportation.                                          hours and days of the week to
                                                                                            get an accurate gauge of noise
• Quality of the school district: 26%
                                                                                            and activity levels before
  Local schools that are recognized for their excellence help add value to surrounding
                                                                                            making your decision.
  neighborhoods and are an important selling point for homes on the market. Details
  such as test scores, class size, special programs and the percentage of students who go   When searching for the ideal
  on to college can be provided upon request from the school district.                      neighborhood, your real estate
                                                                                            agent can be a valuable guide. By
                                                                                            assessing your needs, your agent
Other Worthy Neighborhood Factors:                                                          can help identify a community
          26%                           23%                           21%                   that you will enjoy being a part of
Convenience to Shopping         Neighborhood Design           Convenience to Schools        now and in the years to come.
YouCan
                                                                   Make Your
                                                                   Neighborhood a
                                                                   Better Place.
Improve Your Neighborhood                                         Make a Difference
  1. Organize community picnics and block parties to get            As a member of a community, there are plenty of ways
     better acquainted with your neighbors.                         to connect with your neighbors and add value to your
  2. Coordinate neighborhood restoration projects or                neighborhood. Below are a few suggestions:
     encourage businesses to adopt a street to maintain.
                                                                    • Tutor or mentor children and teens.
  3. Work with local law enforcement organizations to
     establish a community policing team.                           • Lend a helping hand. Consider offering your professional
  4. Join a local planning or zoning board to become                   expertise to neighbors; they are likely to reciprocate.
     involved in neighborhood initiatives. If your area is          • Help to build or repair homes for families in need.
     overseen by a homeowners association, take part in the
     meetings to stay informed and have a degree of                 • Clear brush from canyons and vacant lots.
     influence over decisions governing repairs, grounds
     maintenance and other issues that affect home values.          • Serve as a member of a Community Emergency
                                                                       Response Team.
     In 1972, the National Sheriff’s Association organized the      • Join an environmental improvement project, such as
     National Neighborhood Watch Program. Since then, it has
                                                                       a local park clean-up.
     become a widely-used tool for fighting crime and improving
     neighborhood safety. You and your neighbors are the ones       • Deliver meals to elderly or ill residents.
     most likely to notice suspicious people or situations and
     witness crime. You are also in the best position to report     • Assist local non-profit organizations by fund raising,
     code violations and unsafe conditions. More information           recruiting volunteers, serving on boards or contributing
     about Neighborhood Watch groups is available at                   other skills.
     www.usaonwatch.org.



                    Involve the
                                    Entire Family
                                   Seek out ways to get your children involved in the community. A good way for them
                                   to meet others their own age outside of school is through
                                   local parks and recreation programs. These programs offer
                                   many activities, especially during the summer break. Check
        the local senior center for various ways older members of your household can become
        more active in the community.

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April 2010 iov

  • 1. A Place to Call HOME L ocation, location, location! The most important characteristic when determining the value of real estate continues to prevail. When you decide where to live, you are not only choosing a home, you are buying into a neighborhood. A community’s physical and social qualities have a major impact on the market value of the house, the desirability of the neighborhood and the lifestyle of its residents. Top Influences in Selecting a Home Finding the Right A neighborhood can be every bit as important as the dwelling itself. The 2009 National Association of REALTORS® Profile of Home Buyers and Sellers reported Neighborhood the results of a survey of consumers and real estate agents regarding top influential Think about the features that characteristics in selecting a home. Considered by 64% of individuals when matter most to you and your deciding where to live, quality of neighborhood was one of the most cited factors. family. Take a walk through the Additional attributes that those surveyed deemed important: neighborhood that surrounds the home you’re considering © 2010 Buffini & Company. All Rights Reserved. Used by Permission. LGK MAY CAP S • Convenience to jobs: 50% for purchase. Are the other Commuting costs are a key factor in neighborhood selection. Of buyers who were homes well maintained? Is questioned, 78% said the cost of transportation is at least somewhat important. the environment peaceful? Are there nearby amenities you are • Overall affordability of homes: 43% interested in, such as parks, Your real estate agent can inform you of price appreciation trends in order to give libraries, restaurants and retail you an idea of how solid your investment is or will be. Visit the local government centers? Ask the local residents planning agency to ask about future developments such as new roadways, commercial what it’s like to live in their construction and housing developments that may affect values. neighborhood. Find out if there are any events that help • Convenience to family and friends: 37% residents connect. Spend time With limited time and money, people prefer to live near the places they frequent in the community at various as well as have access to public transportation. hours and days of the week to get an accurate gauge of noise • Quality of the school district: 26% and activity levels before Local schools that are recognized for their excellence help add value to surrounding making your decision. neighborhoods and are an important selling point for homes on the market. Details such as test scores, class size, special programs and the percentage of students who go When searching for the ideal on to college can be provided upon request from the school district. neighborhood, your real estate agent can be a valuable guide. By assessing your needs, your agent Other Worthy Neighborhood Factors: can help identify a community 26% 23% 21% that you will enjoy being a part of Convenience to Shopping Neighborhood Design Convenience to Schools now and in the years to come.
  • 2. YouCan Make Your Neighborhood a Better Place. Improve Your Neighborhood Make a Difference 1. Organize community picnics and block parties to get As a member of a community, there are plenty of ways better acquainted with your neighbors. to connect with your neighbors and add value to your 2. Coordinate neighborhood restoration projects or neighborhood. Below are a few suggestions: encourage businesses to adopt a street to maintain. • Tutor or mentor children and teens. 3. Work with local law enforcement organizations to establish a community policing team. • Lend a helping hand. Consider offering your professional 4. Join a local planning or zoning board to become expertise to neighbors; they are likely to reciprocate. involved in neighborhood initiatives. If your area is • Help to build or repair homes for families in need. overseen by a homeowners association, take part in the meetings to stay informed and have a degree of • Clear brush from canyons and vacant lots. influence over decisions governing repairs, grounds maintenance and other issues that affect home values. • Serve as a member of a Community Emergency Response Team. In 1972, the National Sheriff’s Association organized the • Join an environmental improvement project, such as National Neighborhood Watch Program. Since then, it has a local park clean-up. become a widely-used tool for fighting crime and improving neighborhood safety. You and your neighbors are the ones • Deliver meals to elderly or ill residents. most likely to notice suspicious people or situations and witness crime. You are also in the best position to report • Assist local non-profit organizations by fund raising, code violations and unsafe conditions. More information recruiting volunteers, serving on boards or contributing about Neighborhood Watch groups is available at other skills. www.usaonwatch.org. Involve the Entire Family Seek out ways to get your children involved in the community. A good way for them to meet others their own age outside of school is through local parks and recreation programs. These programs offer many activities, especially during the summer break. Check the local senior center for various ways older members of your household can become more active in the community.