The influence of neighborhood characteristics on residents' well-being and residential satisfaction has been widely studied, and has presented considerable variability. This study analyses the extent to which neighborhood resources influence variables relating to well-being, and examines the relationship between neighborhood resources and residents' perceptions. The study was structured over two phases: (1) the neighborhood resources were evaluated, and (2) 252 neighborhood residents was interviewed. The results have shown that the observation by independent observers of neighborhood resources is connected to residents' perceptions of their neighborhood. Residents' perceptions of their neighborhoods is associated with indicators of well-being, and residential satisfaction. Also, the reasons for living in the neighborhood appear to be connected to the observed availability of resources and the perception of it. Wellbeing and residential satisfaction are the outcome of multiple aspects that are not limited to structural and material elements of neighborhoods.
Keywords: neighbourhood resources; reason for living in a place; residential satisfaction; residents’ perceptions of neighbourhood; well-being.