Neighborhood Research Tips When Buying Edina Homes

May 14, 2010 at 8:10 am

Being a first time Edina home buyer and hunting for your dream home can be quite exciting, and it is possible to eliminate any stress from to the several things that you would have to be keep track of and the factors needed for the several important decisions to make. It is of vital necessity to spend some time searching new neighborhood and looking at the various homes for sale. You might have to do your own research work to find out if the new neighborhood will suit your needs.

One important step of the Edina home buying process that should be done by a first time homebuyer is to explore at least a five block radius of their ideal neighborhood to see if there are any homes for sale. This can be easily done by driving around the area, or navigating your way through your chosen neighborhood using an online mapping tool. This will allow you to have a relatively long list of homes for sale to choose from in the areas of your preference.

A first time homebuyer must also be aware of where the nearest gas stations, grocery stores, public libraries are and the access points to interstate or major highways of the new neighborhood under assessment. Try to imagine what it would be like to live in that specific neighborhood. Keep mental notes of the locations of the various stores, service centers and roadways so the you can easily navigate around the area and commute to work if you decide to buy in that area.

You may also want to learn about zoning laws in your particular neighborhood, especially if you’re considering moving to an entirely new area. While some first time homebuyers are satisfied with the layout and structure of their new home, others are determined to start remodeling within months of moving in. Make sure you understand basic zoning laws and regulations for building pools, decks and extending your home out into the garden or yard so you can make the best decision for your needs.

Finally, you will need to learn about any condo association fees particular to your prospective area, as well as any taxes and other fees specific to the address you want to move to. You can find this information by contacting a real estate professional or checking the local county tax collector’s office website. Most tax collector offices have at least one website that allows you to enter an address and find out tax information. For condo fees and other fees related to the purchase, you can contact a local lender or real estate professional for an estimate.

Taking the time and effort to take find out about the new neighborhood you plan to live in is a vital step in the purchasing any Edina homes for sale. Find out the important details about taxes, zoning laws and other related fees associated with a real estate property purchase by doing online research and contacting a local lender, a mortgage professional or a licensed real estate agent. The data that you have gathered will greatly aid you in deciding which among the homes for sale to purchase.

Realtor and Author Alexandria P. Anderson uses the  Edina Real Estate listings to help her MN realty clients find Edina Homes in Minnesota.

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