Posted by: Roby Robertson | March 30, 2009

Lake Norman Real Estate|Choosing Your Neighborhood

Lake Norman - Real Living In Style

In the Lake Norman area, there are a large number of communities to choose from. Every one has beneifts that appeal to different needs and desires.  When searching for your Lake Norman home, use these Neighborhood Considerations to help with the decison.

Keep in mind that the neighborhood is part of what you buy when you purchase a home. Find out where the neighborhood is going – and where it’s been. The property value of houses in the neighborhood can tell you a lot, as well. Ask your Real Living agent for a Comparative Market Analysis (CMA).

Remember, if you’re looking at a well-regarded, established neighborhood or an up-and-coming one, you may find it worth the extra money you’ll have to put into the purchase of the home. On the other hand, if the neighborhood is past its peak, you may want to lower your offer accordingly.

Either way, your Real Living agent can help you negotiate fair market value for the home you want.

Get to know the neighborhood
You can learn a lot about the character of a neighborhood just by driving around.

Also consider talking to some of the neighbors about concerns such as:

  • How do the children routinely reach their schools, play areas and friends’ homes–by walking, bicycle, bus or do parents drive them?
  • Is public transportation available for commuting or shopping?
  • How far away is your place of worship?
  • Do any local ordinances affect pets, parking, lawn care or other activities?
  • What are the disadvantages of the neighborhood? Freeway, railroad or airplane noise? Factory pollution, heavy traffic, exposure to heavy storms, possible flooding?
  • Are there homeowners’ association restrictions?
  • Beyond talking to the neighbors, here are some additional avenues for information:
  • Drop in on local school board, government or other open community meetings.
  • Visit the schools.
  • Dine and shop in local establishments. (Tip: Be sure you overhear what the locals have to say about issues of neighborhood concern.)
  • Subscribe and read the community newspaper(s).
  • Interested in Lake Access.  Explore public and private access.  Does the home have a deeded boat slip?  If waterfront property does it have a pier, can it have one, can you make upgrades to it?

Buying a home requires a lot of introspection. Use these questions as you consider what type of community you’d like to live in and be sure to share your answers with your Real Living agent:

Which type of living do you prefer?
Urban, Suburban, Semi-rural, Rural

Which type of population density would you prefer?
Low, Medium, High

Would you prefer a community whose population is:
Decreasing, Stable, Increasing

Which natural features are the most important to you?
Woods, Hills, Flat land, Rivers
Lakefront, Stream, Pond,Lot Size

How do you commute to work?
Walk, Drive, Car pool, Bus

What’s the distance of your commute?
0-5 miles, 6-10 miles, 11-20 miles, 20+ miles

What’s the maximum amount of time you’d be willing to have for your morning commute?
Less than 20 minutes, Under 30 minutes, 1 hour

Would you use available public transportation for local trips or to visit nearby communities? Yes, we do have public transportation into Charlotte from the Lake Norman area!
Yes, No

Where do you prefer to shop?
Central commercial districts, Shopping malls, Community shops

Which type of school do you need now or in the next few years?
Elementary Middle/Junior High Senior High
Community College College/University

Which amenities would you desire to have nearby?
Recreation, Entertainment, Music, Movies,
Live Theater, Sports Arenas, Museums, Nightlife,
Public Parks, Private Country Clubs, Fraternal Groups

Finally, as you refine your home search, request a free Buyer Market Analysis from your Real Living agent. This information-packed profile of specific communities (or with a side-by-side comparison of any two communities) lets you consider schools, neighborhood amenities and demographic profiles.

Lake Norman - Real Living In Style

If we can assist you with your real estate needs, please contact your Lake Norman Agent at 704 451 7051 or by email.

See Also:

Be The First To See Lake Norman Hot New Listings as soon as they become available.

What would my Lake Norman Home Sell For?

Why Lake Norman is such a great Destination


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