If you are buying a home in Knoxville, there are many different things that you will need to consider. Does it have enough bedrooms to accommodate your family? Is the yard big enough? Is it going to need renovation work? These are all valid questions, and the answers will play a significant role in choosing your dream home. However, one thing you also need to take into consideration when buying a home in Knoxville is the neighborhood. There is no point in falling in love with a home that checks most of your boxes but is in a completely unsuitable neighborhood! Let’s take a look at some of the things you should consider when choosing which neighborhood is right for you and your family.
One of the big things you will want to consider when looking at different neighborhoods is how safe they are. Everyone wants to be able to feel safe in their own home. In fact, research shows that the overall safety of the area in which you live can be linked to improved self-esteem and a boost to overall well-being. Take some time to research the neighborhoods where you might be interested in buying a home in Knoxville. Some of the questions you might want to ask include the following:
- What is the crime rate like in the area?
- Is there an active neighborhood watch?
- Is the area generally well kept with few vacant properties?
If you already have children or intend to start a family, choosing a neighborhood in a great school district will be a big factor when buying a home in Knoxville. Make sure you research which schools are in the area and how they rank in education and sports. If you are looking for a specific type of school, such as Montessori or Parochial, you will want to make sure that there is one in the district. Even if you have no plans to have children, school districts are still important as they can have a big impact on the future resale value of the property if you should decide to move on.
Another thing you will need to consider when evaluating different neighborhoods is their livability. That means looking at the amenities on offer in the area. Are there enough places of interest that suit your own hobbies? For example, are there many walking trails, parks, and other outdoor activities? Alternatively, it might be more important to you that there is a good selection of restaurants, theaters, and shopping opportunities. If you are a fitness buff, then gyms and yoga studios are likely higher on your shopping list. It’s all about having the amenities close by that allow you to enjoy your day-to-day life.
It seems like an odd thing to put on the list, but it is also important to consider where you are going to be purchasing your groceries if you move to the area. Is there a specific store that you prefer to shop at? Do you need access to specialist grocery stores such as vegan or organic markets? Nobody wants to have to travel for an hour to do their grocery shopping, so mapping out your options might be something that you want to consider when buying a home in Knoxville.
Who Are The Residents?
Another thing you should consider is who your neighbors are going to be if you move into the neighborhood. If you have a young family, look for areas with a high concentration of families giving your kids access to other kids to play with and other parents for you to socialize with. Alternatively, if you are seeking a more mature community, you will want to look for neighborhoods with fewer families. Area Vibes is an excellent resource for finding information on local neighborhoods, but you can also chat with a local realtor who will have intimate knowledge of the neighborhood.
Another thing to consider when buying a home in Knoxville is whether or not the area is part of a homeowner’s association(HOA). The benefits of an HOA include centralized services, common areas are maintained, and residents getting access to facilities such as a community pool or tennis court. However, it does come at a cost. There will be a monthly or annual HOA fee to pay, and there are many rules to follow, some of which might be a deal breaker for you.
These are just a few of the things you will need to consider when looking for the right neighborhood if you are buying a home in Knoxville. Don’t settle for a great house in an unsuitable neighborhood. Talk to a local real estate agent in Knoxville, like Wright Realty, for advice on the areas that will meet your needs.
Wright Realty is a full-service real estate concierge with a wholistic approach to buying and selling property in East Tennessee. We are your trusted advisor and keep open communication throughout your entire buying/selling process. Real Estate done "Wright" means more than just a 'transaction'.
Finding Your Property the "Wright" Way!