Jacksonville Home Insurance: Choosing The Best Neighborhood

There is more to choosing a home than deciding on a house to buy. Every neighborhood has a unique set of neighbors, amenities and activities. Deciding which neighborhood is the best fit is equally as important as choosing the right property. It’s important to consider a few critical issues, which can impact a decision about where to live.

One of the most important considerations for families is choosing the best area for the education of their children. Magnet, private, public and charter schools are all options to consider. However, enrollment in public schools is dictated by district boundaries. It’s important to be aware of this while searching for a home. Most people are surprised to find where the district boundary lines are placed. Families should visit the schools in the areas they are interested in relocating to prior to making a decision.

Buying a home is an investment. Jacksonville Homeowners hope to build equity over time, which allows them to move upward and have a large asset. It’s important to be aware of foreclosed homes in prospective neighborhoods. These properties have a tendency to pull values down. It’s also important to keep in mind that some neighborhoods have higher appreciation rates on properties than others do.

It’s essential to analyze the local economy’s data. If there is a high rate of unemployment, it’s best to use extreme caution when making a decision. If large businesses are opening instead of closing, this is a good sign. Homeowners need to keep in mind that home values rise if there is an increased demand for housing. Large factories, plants and superstores bring more jobs, people and a heightened demand for housing. It’s also important to research which industries are staying strong and how long various homes have been on the market before making a decision.

After considering these issues, it’s wise to study the market history for the area. Note whether the home values are rising or falling. In today’s economy, most areas are seeing values depreciate. However, this isn’t a normal trend. It’s simply the consequence of a severe recession. It’s important to ask an agent how much home values have increased or decreased in the past year. Another important issue to consider along with home values is the neighborhood’s condition. Look for homes that are in bad condition, yards that are not maintained and graffiti or evidence of gang activity.

Research local crime rates for not only the city but the specific neighborhood. Although some neighborhoods have high levels of crime, some are petty and some are violent. It’s important to choose a neighborhood that is affordable and has the lowest level of violent crime. Safety should be one of the top priorities when shopping for a home.

Although it’s not as vital as the previous issues, entertainment should be considered. Families with special interests should research what the area has to offer. Stores, gyms, clubs, churches, restaurants and libraries are all important considerations for most families. For additional pointers to consider while searching for the perfect home, talk to an agent today.

About Brian Hendricks

Brian Hendricks is the President of Fidelity Insurance Group. Brian started Fidelity in 2003 with 0 clients. Today Fidelity Insurance Group is a Premier Independent Insurance Agency in Florida with over 3,000 families and businesses insured. Brian currently serves on advisory boards for 2 of the largest property insurance companies in Florida. Knowlege, Integrity, and Committment are his and his agency's guiding principles.
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