The Perfect Neighborhood
I get asked what is the perfect neighborhood in Pike Township. My first response is “define perfect”. “Perfect” can be so subjective. Are you looking for;
• Perfect value/price
• Perfect appreciation
• Perfect schools
• Perfect appearance
• Perfect age
• Perfect neighbors
• Perfect amenities
• Perfect floor plan
• Perfect crime rate
• Perfect drive time to work
I don’t think there is a house in Pike that can meet all the above criteria plus what you might have in mind.
Yes, there are a lot of great neighborhoods that meet a lot of the perfect criteria but unfortunately it is impossible to predict the future. Things change.
Here are 4 things that I have learned in the past 17 years;
• The neighborhood needs a nice-looking entrance sign. This tells me that the homeowners association is active and doing its job. My neighborhood just spent $20,000 on 3 new signs. All of a sudden a condo was sold 15K higher than ever before.
• Minimal cars on the streets and driveways. Years ago there was a neighborhood in Pike that was only 2 blocks long. I counted 94 cars in the streets and driveways. It was a challenge to drive down the street without hitting something. This is not good for fire trucks, ambulances, and school buses.
• Curb appearances need to be above average. Are lawns kept up and cut? Are bushes trimmed? Does it look like owners have pride of ownership? This will attract buyers. The only way a neighborhood will appreciate is through sales. With sales you have comparables. This is what appraisers use to price a house. Usually, they only look at sales in the past 6 months.
• Neighborhoods go through changes. What might look good today may change over the next 5 years. What makes it change? The people that live in the neighborhood. Are they paying their homeowner association dues? Is the Board of Directors following up? Is there enough money to maintain the common areas and amenities? These things are important to a neighborhood.
This is where I have an advantage. I have lived in Pike Township for the past 30 years. I have shown 100’s of houses in Pike Township and sold quite a few. I am familiar with most neighborhoods and know their sales histories and price points.
I may not be able to find you your perfect neighborhood, but I can probably come close.
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