5 Things You Need to Know about the Location of your Property

Anatoly Gaviria Jul 1, 2019

In addition to bedrooms, baths, and interior upgrades, it’s important to do some research about the potential location of the property you may want to call home. When you’re thinking about buying or renting a property, here are some things you need to keep in mind to help you determine if the location will be a good fit for you and your family.

1. Area maintenance

Take a walk around the block. Drive through the neighborhood. Are properties well-maintained? Are roads in good condition? The appearance of the lawns, homes, and public spaces can reveal a lot about the area.

2. Rules and regulations you need to be aware of

Do you mind if your renovations and landscaping are restricted by homeowner association bylaws? Find out if the neighborhood has any rules and regulations, and what they are.

3. School district

Even if you don’t have children, the school district’s status can affect property values. Get the scoop on the district’s rankings in academics and financial stability.

4. Crime rate

Do a little research about the crime rate in the location you are considering moving in. While Panama has several areas that can be consider safe, it’s always important to be aware of your surroundings . A real estate agent will be able to give you advice on any issues about your desire location.

5. Amenities

For some home buyers, access to public transportation is important. Others want to live near parks, shops, restaurants or hospitals. Find out what amenities the area offers to ensure that you choose a location that best suits your needs and lifestyle.

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