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2019-07-10 16:49:09
How to choose your Champaign/Urbana Neighborhood when buying a home


When you buy a home in Champaign – Urbana, location is important. Every homebuyer has different needs when selecting a neighborhood to buy a home. You may find a house that’s perfect for you, but finding the right neighborhood may be more tricky. You have to think about budget, non-negotiable home features, and proximity to the things you can’t live without.

When it comes to searching for a new neighborhood in Champaign – Urbana, here are a few things to consider.

Property Taxes

Property taxes in Champaign County are part of buying a home. You can get more in-depth information on Champaign County property taxes and calculate them here.

Safety and Crime

Looking at crime stats is also a good way to find if a neighborhood is right for you. Neighborhood stats websites such as neighborhoodscout.com can show you crime stats for any neighborhood in Champaign County.

We can guide you to resources to help answer questions about a neighborhood, but we can’t give you an opinion about neighborhoods per the Fair Housing Act. The act aims to provide equal access to housing for all groups of people and to protect against discrimination.

What to consider:

  • What is the crime rate in this particular neighborhood? How about the neighborhood next door?
  • What level of crime do I feel comfortable with? 

Property Value

When you buy a home in Champaign -Urbana, you or your agent can check recent home sales in a given neighborhood to get an idea of the potential value of homes in that area. Usually, similar homes in the same neighborhood will sell within a few thousand dollars of each other.

Question(s) to ask:

  • What are the comps in this area?
  • What’s the projected growth rate for this area?

School Zones

School zones in Champaign – Urbana come to mind when thinking of location, especially if you have children (or plan to have them soon), as they tend to affect home values. If schools are important to you, evaluate the schools in your neighborhood and which homes fall into which district. Additionally, there may be community centers or parks that increase the value of the neighborhood.

What to consider:

  • What school would my child attend if we moved here?
  • Are there parks or community centers in this area?

Using these factors as a guide for finding the right neighborhood in Champaign County can help you evaluate what you care about and make the decision that’s right for you.

Find out how much your home is worth in Champaign / Urbana now! Check back on our blog every week for more great reasons to call Champaign / Urbana home. Make sure to check out our property search feature to find the perfect home in Champaign / Urbana. And be sure to follow us on Facebook!

 
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