A major consideration when buying a home is assessing the area surrounding it. Is the street that the home is on loud or quiet? Is it surrounded by single-family homes or apartment buildings? Are nice restaurants and shops down the block or a drive away? Anyone who lives in a major city knows how a neighborhood or even a single block can change over time as developers build new homes or commercial landlords invite new tenants. But can you figure out what changes might come to your prospective street before they happen? It's a question worth asking before you sign. A home inspection covers the house, but nobody inspects the lot across the street. That vacant lot can turn into an apartment building, or a quiet corner can get a new bar or a busy storefront, and those changes affect your daily life as much as the home's layout or the kitchen finishes do.There are some ways to make educated guesses about what’s around the corner for your street and the area at large. Just keep in mind that it’s best to consider your predictions as nice-to-have, rather than integral to your purchase. Start with the paper trailProperty records can tell a story before any construction sign goes up, and the...
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