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Is Your Home in a Growing or Dying Neighbourhood?

Written by Kam Brar | Nov 26, 2014 6:34:08 PM

Homeowners and house hunters should take note of these indicators of a neighborhood’s health.

When you buy a house in a good neighborhood, you want to make sure the neighborhood stays that way.

Everything changes, naturally. Just look at your grandparents' photos of the 1958 Buick with the oversized tail fins in the driveway, and you can see that the neighborhood you live in will eventually have a different feel. But we all want to live in a neighborhood that will change for the better.

Sometimes it's clear that a neighborhood is in decline, like when you see abandoned or decaying homes on every block. But the signs aren't always so obvious. Here are a few to look for that may indicate whether the house you're looking at (or living in) resides in a neighborhood with a promising future or one fraught with peril.

Read full article here.
 
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