I Want To Buy A House Where My Neighbors Are People Like Me

Buying a house that will become your home is not something to be taken lightly. There are many costs involved both financial and personal and you can’t afford to get it wrong. This is one in a series of blogs about buying a house using location based services, which will lead into my new eBook. 

When you buy a home, it may seem obvious after the event, but a key thing is that you are also buying into a neighborhood. In order to be happy in your nice neighbourhood, you need to feel like you belong. You will want your neighbours to have similar values to yours. You will want to have things in common.

Examples might be:

  1. People of the same or similar ethnicity. You might be a new immigrant and want to live around people who come from the same country.
  2. People who have children, or don’t have children. If you have children, you might want them to be able to make friends with the neighbor’s kids. If you don’t have children, you might not want the noise that comes with kids having fun outside.
  3. People who have a similar income to yours. You don’t want to be the one with the Bentley, surrounded by people with beaten up old Skoda’s.

    Households in Canberra Australia where the average household income is greater than $100,000 p.a.

    Households in Canberra Australia where the average household income is greater than $100,000 p.a.

  4. You might want to live in an area where there is a high percentage of people in a similar age group. It might be young families, or older people who can keep an eye out for each other.
  5. Households in Albany, New Zealand where 70% or more houses are owner occupied

    Households in Albany, New Zealand where 70% or more houses are owner occupied

    If you’re buying, you might want a stable neighborhood where most people have owned and occupied there home for an average of 5 years or more, rather than being surrounded by rentals, where the occupants frequently change.

If you want to live the quiet life, potter around in the garden and have peace and quiet when you turn the lights out at 10PM, you won’t want to be surrounded by neighbours with teenagers who have rowdy late night parties 2 or 3 nights a week. Once you’ve bought your home, you can’t just decide you don’t like the neighborhood and sell again.

Pretty much every country in the world has a national population census every 3 years or so and demographic data is compiled by geospatial areas such as area units, suburbs or mesh blocks. Usually the Department of Statistics will have a Big Data site where you can go and query population data by a wide range of criteria such as:

  • household income,
  • ethnicity,
  • number of children,
  • number of cars,
  • education level

These can be very useful when you’re looking at where to buy. You might be very surprised when you look at the results. Don’t be surprised after you have bought!

If you found this useful, please tell a friend. There is a lot more to come, so bookmark this blog, topic or subscribe to the RSS feed. Also please leave a comment or ask a question below. I’d love to know what you think, or what experiences you have had.

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About Luigi Cappel

Writer for hire, marketing consultant specialising in Location Based Services. Futurist and Public Speaker Auckland, New Zealand
This entry was posted in Big Data, eBook, Location Based Consultant, Real Estate and tagged , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

4 Responses to I Want To Buy A House Where My Neighbors Are People Like Me

  1. B R A V O you are tackling the big questions up front BTW like your new fb page…..blessings

    Like

  2. Pingback: Have You Tried The New Barfoot & Thompson iPad Real Estate App? | SoLoMo Consulting

  3. Pingback: 6 Tips and a Deep Dive into Buying a House using Location Based Services | SoLoMo Consulting

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