Formula for a Good Neighborhood
The Metroplex is growing like crazy from the influx of folks moving here from all over the country. One of the most stressful things about moving from out of the area is figuring out if you’re moving into a good neighborhood.
All of the real estate sites provide information about schools, crime rates, sale comps, but are those statistics really valid?
I think not. So, I’ve devised the following formula to help you find out if you’re moving into a good neighborhood.
It’s a little bit of work, but isn’t your peace of mind worth it?
The formula uses the types of businesses that are within a two mile radius of your prospective home.
It is as follows:
(B+HV) X Sb X (PfC +Ch) X (LS + WC)
In laymen’s terms, take the number of banks and add the number of Hollywood Video stores. Take the result and multiply that by the number of Starbucks. Multiply that by the product of the number of P.F Chang’s and Chipotles in the area.
And finally, multiply that by the number of liquor stores and William’s Chicken locations (not KFC, not Church’s–has to be William’s Chicken).
If your result is over zero, you may want to consider another area.