{"id":40175,"date":"2019-02-26T06:49:03","date_gmt":"2019-02-26T06:49:03","guid":{"rendered":"https:\/\/www.casagrand.co.in\/?p=40175"},"modified":"2021-04-23T09:51:15","modified_gmt":"2021-04-23T09:51:15","slug":"neighbourhood-features-enhance-home-value","status":"publish","type":"post","link":"https:\/\/backup.casagrand.co.in\/blog\/neighbourhood-features-enhance-home-value\/","title":{"rendered":"Neighbourhood Features that enhance your home’s value"},"content":{"rendered":"\n

When looking to buy or invest in a property, there are a number of things you need to assess and evaluate before finally arriving at a decision. One of the many things to consider is your neighbourhood. Depending on the location of your property, your home\u2019s value can increase or decrease dramatically. This can even affect the rental income, particularly if you are planning on buying a second home<\/a>. To help you make a better decision, here are the top neighbourhood features you must look out for to increase your home\u2019s value.<\/p>\n\n\n\n

World class facilities <\/strong><\/h2>\n\n\n\n

Having a wealth of desirable amenities to choose from is what separates regular properties from superior homes<\/a>.  World-class amenities that cater to all residents, whether young or old, are among the most attractive features of a highly valued neighbourhood. While every apartment complex and property will have its own set of amenities, not all neighbourhoods will. These include schools hospitals, parks, shopping malls, great views, etc. <\/p>\n\n\n\n

The easiest way to determine if a neighbourhood is worth investing in or\nnot is to drive through it, particularly at night and take in the surroundings.\nTake a look at the quality of the buildings, the demographics of the area, etc.\nThis will give you a clear idea of the real character of the area.<\/p>\n\n\n\n

Infrastructure<\/strong><\/h2>\n\n\n\n

Infrastructure is a much-needed feature for any neighbourhood that\nimmediately raises its appeal in the eyes of prospective buyers. With a good\nbase for infrastructure, neighbourhoods in a particular area can show\ntremendous growth. This, in turn, attracts more developers to the area in\nquestion.<\/p>\n\n\n\n

Several vital pieces of infrastructure that you should be mindful of include a new metro station, a domestic airport or even some sizeable commercial infrastructure<\/a> like a mall or multiplex. All of these can cause the price of your locality and thereby neighbourhood to go up. Therefore, you need to be vigilant and look for neighbourhoods with upcoming infrastructure and target them for your investments. A wise tip is to begin investing in the outskirts of Chennai<\/a>.<\/p>\n\n\n\n

Location<\/strong> is key<\/h2>\n\n\n\n

The location of your property, as well as your neighbourhood, is crucial to determine the value of the area. This will be helpful particularly if you\u2019re an NRI looking to invest in Indian realty. You can read our ultimate NRI guide to buying property in India for more information.<\/p>\n\n\n\n

When talking about the location of your neighbourhood, ensure that you have adequate access to public transport, arterial roads, bus stops, train stations, etc. Seasoned investors will be on the lookout for these signs of a good location. So it will be in your best interest to look for a home located in a good neighbourhood. Failing to do so is a common real estate investing mistake you should avoid<\/a>.<\/p>\n\n\n\n

Access to education and\nemployment<\/strong><\/h2>\n\n\n\n

With space within the city getting more and more cramped, many IT\ncorridors and business districts are emerging in the suburbs. However, because\nmany of these office spots are new, most of their employees live within the\ncity, and over time, commute becomes a hassle. Real estate developers are quick\nto act, constructing a number of properties closer to these business districts.\nBe it apartments, row house, or independent villas, builders have come up with\nseveral options for all sections of the working population. <\/p>\n\n\n\n

In addition to offices, you can also find many reputed educational institutions for your child. Both education and employment being within proximity are essential factors to keep in mind while looking for housing. You can also read our blog on best playschools for your child.<\/p>\n\n\n\n

Walkability<\/strong><\/h2>\n\n\n\n

No matter where you live or the kind of property you live in or wish to\npurchase, make sure your neighbourhood is within walking distance to your basic\nneeds and amenities. This includes a grocery store, a doctor\u2019s clinic or a\npharmacy, a supermarket and a bus stop. If not a walkable distance these pieces\nof infrastructure should take you no more than 5 minutes to reach via a bike\nride. Ensuring your basic amenities are within walking distance can slip the\nmind of homebuyers, but are, in fact, very important. Not only do they make\nlife more convenient, but walkable neighbourhoods also reduce the need to drive\nvehicles constantly.<\/p>\n\n\n\n

social structure<\/strong><\/h2>\n\n\n\n

When you buy a home, it is a once in a lifetime investment for many. It\nis the space in which you spend almost your entire life. Ensuring a good\ncommunity of people surrounds you can help boost the feeling of homeliness. Not\nto mention, you will always have a helping pair of hands in case of an\nemergency. This is why you need to look for a close-knit community of people\nwhen you think of moving into a new neighbourhood.<\/p>\n\n\n\n

We hope these tips have given you a clear idea of neighbourhood features that enhance your home\u2019s value. Whether you\u2019re a first-time homebuyer<\/a> or a seasoned investor, bear in mind to always buy property from a reputed real estate developer<\/a> like Casagrand<\/a>. Visit our website today to find your dream home!<\/p>\n","protected":false},"excerpt":{"rendered":"

When looking to buy or invest in a property, there are a number of things you need to assess and evaluate before finally arriving at a decision. One of the many things to consider is your neighbourhood. Depending on the location of your property, your home\u2019s value can increase or decrease dramatically. This can even […]<\/p>\n","protected":false},"author":1,"featured_media":40176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[249,523],"tags":[289,529],"class_list":["post-40175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-home-buying-process","tag-property-tips","tag-real-estate-checklist"],"acf":[],"yoast_head":"\nNeighbourhood Features that enhance your home's value<\/title>\n<meta name=\"description\" content=\"There are many things you need to consider when buying property. 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