Mikey, Home Buyer in Philadelphia County,...

can anyone give me some guidance on selecting a neighborhood? single guy here

Asked by Mikey, Philadelphia County, PA Tue Feb 15, 2011

new to philadelphia. 300k budget.

Help the community by answering this question:

Answers

6
BEST ANSWER
Mikey. A 300k budget will allow you to afford all center city neighborhoods. It can get you a studio or one bed on rittenhouse, a small house in washnwest or large one bed or small two bed, a one bed in society hill, a small house in northern liberties or grad hospital (2or3bed 1000-1200 sq ft) or a condo in old city
0 votes Thank Flag Link Tue Feb 15, 2011
Mikey,

Great question! I just came upon this website, Zipskinny; it is extremely useful with respect to the fact that you can compare zip codes against each other. It will let you know demographics of any neighborhood, etc. Worth checking into...

Best of Luck to You!

Lindsay A. Daley
Chartered Real Estate Consultant
Web Reference: http://www.zipskinny.com/
0 votes Thank Flag Link Wed Feb 16, 2011
Mikey

I have 2 single guy friends with your budget and one recently moved to Center City (1 bedroom) condo and the other moved to Graduate Hospital area (2 bedroom).

My advice to you is to visit the neighborhoods Bruce mentions to see which neighborhood best fits you.

I also wrote about Things to Think about when Determining a Neighborhood to buy a House. You can read it at http://cmtrealestate.wordpress.com/2011/01/04/things-to-thin…
0 votes Thank Flag Link Wed Feb 16, 2011
As for selecting a neighborhood(s), much will depend on your financials, wants, needs, lifestyle, etc.; therefore consider exploring areas of interest online and in person before narrowing down your neighborhoods--also work with an agent of your own, he/she can best guide you as you go along.
0 votes Thank Flag Link Tue Feb 15, 2011
Check out my post below.. Philadelphia: Find Your “Just Right”. I only researched 3 very different areas of Philly and their home prices but it may be a good start.

I also know some local agents who can help. feel free to contact us through the blog.

Good Luck!
0 votes Thank Flag Link Tue Feb 15, 2011
Hi Mikey,
Selecting a neighborhood is really a personal preference and everyone has their own opinions. But here are some things to think about, and research:
HOA vs no HOA (some people hate HOAs, but some people like having "standards" for how houses are maintained)
Crime rate (check your city's website)
Proximity to schools, shopping, work (try http://www.walkscore.com/)
Proximity to things you want to avoid (busy street or highway, powerplant, etc.)
Overall look, and feel (are there a ton of cars on the street, do people maintain their yards, exteriors of their homes)

Finally...find a REALTOR to take you out and look at homes in your price range and in your desired neighborhoods. I always tell my clients to do "drive by's" of homes they think they might be interested in, before we go look at the property. This helps eliminate a lot of homes in sketchy neighborhoods (something you can't tell from a listing on the web), and really zero in on what you want. Good luck!
Web Reference: http://www.sallygrenier.com
0 votes Thank Flag Link Tue Feb 15, 2011
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer