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Building your dream home: Finding the right neighborhood

From the Building your Dream Home: Follow these steps series
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Once you’ve pictured your dream house and prioritized the features you can’t live without, it’s time to decide where to build.

In the past year, new homes were built in 71 different Lincoln subdivisions. That sounds like an overwhelming number of choices, but more than half of those subdivisions only added one or two homes, filling in the last few available lots. Don’t rule these areas out, but keep in mind that your options may be limited. Eighteen subdivisions added 10 or more new homes, and only nine added 20 or more houses. You’ll find more options in these areas.

A Realtor is your best source of information about Lincoln subdivisions, as no single website keeps all of this information in one place. If you don’t have a real estate agent yet, look for one who specializes in new construction. The agent can pinpoint areas across the city where new homes are being built.

Once you’ve narrowed down your choices, drive around each area to see what the neighborhoods have to offer. If you find one you like, ask yourself: “Why do I want to live here?” Is it because of the schools, the proximity to work, close to family? Are there gyms, restaurants or shopping nearby? Maybe you like a certain aspect of the subdivision – the size of lots or the amenities like parks or a lake.

For most busy families, the top consideration should be driving distance to work and your kids’ activities. Remember, there’s more to a commute than time. You also have to factor in the cost of gas and car maintenance. If you work from home or are retired, commutes are less of an issue. Instead, look for subdivisions that offers more unique elements like walking trails, spectacular views or more space -- you’ll enjoy your home more and see more return on your investment when you sell the house later.

Once you’ve picked your subdivision, meet with your agent again to select a builder and a lot. We’ll talk more about that process next week.

About the author

Vladimir Oulianov has been a specialist in energy-efficient homes in Lincoln since 2002. He is ranked in the top 100 real estate agents in the U.S. and is the top Salesperson in Lincoln for the last 6 years. Other awards include a Lincoln’s Choice Award from the Lincoln Journal Star for Best real estate agent, a 40 under 40 Award from the Lincoln Business Journal and Realtor of the Year from Woods Bros Realty.

Vladimir's Real Estate Services believes in Fair Housing and an Equal Opportunity for all. Contact him at 402-890-0535 or vladimir@woodsbros.com.

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