The chicken or the egg

By
Education & Training with House Proud Ottawa-Ontario-Canada

 

What comes first, the neighbourhood or the house? 

There are the three top considerations when buying a house - price, location and condition.  The chicken and the egg are about first finding the house.  What is most important? 

The old adage of "location, location, location" should tell you that you choose your neighbourhood first and then you look for the house.  Some people have told me that they will buy almost anything if they can live in XX neighbourhood, if they can live withing walking distance of the relatives (built in babysitters) or within walking distance of the synagogue.  Others are picking their homes based upon commute times to work.  Time is money, honey.

When presented with a vast array of homes located throughout the city or countryside, pick the neighbourhood first.  Only look in those neighbourhoods but be ready for compromise.  You many not find a new home in an old neighbourhood so your house is not going to be exactly how you envision it but your location will be.  You may have to get slightly bigger or smaller than you want. 

Learn what is important to you - shopping, schools, communte time, parks, access to water, etc and narrow the neighbourhood field to where you want to live.

You can always renovate and change a home but you cannot change the neighbourhood.

Buy where you want to live.

Photo credit:  Chicken or Egg

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  1. Carol Zingone 07/10/2011 08:07 AM
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Topic:
Home Buying
Location:
Ontario Ottawa Carleton Ottawa Stittsville
Groups:
Addicted to Active Rain
Canada has Arrived!!
Ontario Real Estate and Information
Realtors®
"Whacked"!!!
Tags:
zingers
buying
neighbourhoods

Comments 47 New Comment

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Rainmaker
560,844
Joy Daniels
Joy Daniels Real Estate Group, Ltd.

My son (realtor for 8 year) was working with a buyer that spent almost 6 months just waiting for a house to come up for sale in a specific community.  It finally did!  :)  They didn't care about the house, just that it was in the community they wanted to live.

July 11, 2011 09:11 AM
Ambassador
1,068,584
Tammie White
TW Realty Group, Franklin TN
Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net

Valerie, I'm not sure you know but your photo is missing. Location does trump all else. If buyers love the neighborhood they should think about the things they can change down the road.

July 11, 2011 12:34 PM
Rainmaker
574,640
Valerie Zinger
Home Organizer
House Proud Ottawa-Ontario-Canada

Mike:   Now that is bringing a tear to my eye - you know, the one that isn't eying that yummy looking chicken. 

So right Keith.

Joy:   To a lot of people the location is the primary decision factor.

Tammie:  Tammie - I sent a note to the Rain gods - I have been experiencing missing photos for a few days.  Frustrating.  Houses can be changed, addresses not as easily.

July 11, 2011 03:20 PM
Rainmaker
596,553
Sussie Sutton
Rep for buyers, sellers, and new construction.
UTR Texas Realtors

Location first then the house. Good analogy...never thought of it that way!

July 11, 2011 05:48 PM
Rainmaker
574,640
Valerie Zinger
Home Organizer
House Proud Ottawa-Ontario-Canada

Sussie:  I go with the location first.

July 12, 2011 06:52 AM
Anonymous
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Rainmaker
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Valerie Zinger

Home Organizer
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