General Area in Norwich>Question Details

Gary T. Howe…, Home Buyer in East Lyme, CT

As a buyer and it's probably every ones question they don't really like to ask, but as with most cities...which are considered good areas

Asked by Gary T. Howells, East Lyme, CT Mon May 17, 2010

and not so good areas in Norwich. This is close to being the very first concern of anyone buying a house.

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Don Tepper’s answer
Let me play the contrarian and say that, in many cases, that's not close to being the very first concern of anyone buying a house.

Agreed, it's an important, legitimate question. But among buyers with kids in school, the top question seems to be: "Which areas have the best schools?" And it's not always the best areas.

Further, often the best areas don't always offer the best values. I can think of some areas in Northern Virginia that are considered very upscale, very high quality. And they are. Many areas of McLean, for example. But you pay a substantial price for that. Go about a mile away--in this example, to Falls Church--and you're still in a great area, but it doesn't quite have the cache of McLean, and the prices are more reasonable. McLean, overall, may be "better" but many would consider Falls Church to be a better value.

I tend to agree with Mack that the market speaks with price: The higher the price, the more the market values an area. But that's not always the best for an individual buyer.
1 vote Thank Flag Link Tue May 18, 2010
Don Tepper, Real Estate Pro in Burke, VA
Keep in mind that opinions are often subjective--the good areas are the areas where you will get a sense of belonging--visit more than once and at different times of day, look at everything that is important to you and then make a determination--where will your comfort level best be reached. See link for additional information.
0 votes Thank Flag Link Mon May 17, 2010
The expensive areas are the good areas, and the ones that we can afford, not so much.
0 votes Thank Flag Link Mon May 17, 2010
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