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Location Checklist

By Jack Harris,
Mark Baumann and Charleen Knapp
Texas A&M
University Real Estate Center
Here are several key considerations helpful in selecting a
neighborhood. You can print out a copy to use with your
search.
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How close will you be to your place
of employment?
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How close to your favorite stores?
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How close to your place of worship?
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How close to friends and relatives
you routinely visit?
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How close to your children’s school?
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How close to parks and recreational
areas?
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How close to medical services?
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How long will it take you to get to
your job?
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Is there ready access to public
transportation?
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How easy will it be for your children
to get to school?
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How good are the schools in the area?
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Can you choose which school your
children will attend?
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Are a full array of municipal
services available?
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What is the effective tax rate for
the area? (Effective tax rate equals annual tax bill
divided by the value of the home).
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Are there other fees and user charges
for public services?
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Is the neighborhood generally clean?
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Are streets and other public
facilities well maintained?
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Are homes in the area well kept?
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Do homeowners seem to care about the
appearance of their property?
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Does the neighborhood have any
high-crime areas?
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Do homes in the neighborhood
generally have the features you desire?
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Is the neighborhood well regarded by
those familiar with the city?
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Are there neighborhood organizations
interested in improving the area?
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Is there a homeowner's association
that you must join if you buy a home in the area?
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Are there deed restrictions? What are
they? Are they enforced?
Dr. Harris is a research economist, Baumann
is an associate research social scientist and Knapp is a
graduate assistant with the Real Estate Center at Texas A&M
University. |