Categories: Uncategorized | Posted: April 28, 2016
Everyone has heard the phrase “Location, location, location!” in discussions about real estate. Different homeowners may value different aspects of their location, but here are a few factors every potential homeowner needs to consider.
Unnecessarily long commutes will ruin the beginning and end of each work day if you let them. The time and expense of a commute can be the deciding factor in choosing whether or not an area is right for you.
Close to Conveniences
Shopping, entertainment, and restaurants are key elements to consider when looking at locations. A bustling local plaza or mall can be a great amenity.
A friendly and safe neighborhood is an absolute must-have when choosing the location of your family’s home. Having a cordial community around you can enhance the experience of homeownership. A great neighborhood means security for yourself, your family, and your property value.
Excellent School Districts
For all homeowners, the quality of the local school district is an important consideration. Excellent school districts help an area to cultivate higher property values and attract young families. This one factor can contribute to keeping an area vibrant for years down the road and can also positively influence resale value.
Low Crime Rates
It may seem obvious but it bears stating that homebuyers should check the crime rates in the neighborhoods that they are considering. A quick internet search can help you make a more informed decision.
It is important to consider what you want to see outside of your window. This view can be a great boon when it comes to both the quality of your life and the value of your home. Any property which overlooks a scenic vista is typically valued higher by the market. However, some people may prefer the comforting normality of a cozy suburban street or the vibrancy of city life.
Nature, Parks, and Outdoor Recreation
Parks and playgrounds are fantastic amenities for any homeowner. They can accommodate team sports, picnics, and occasionally even hiking. They also provide visual appeal and privacy by breaking up the residential streets with communal and recreational areas.
Hospitals and Airports and Expressways
These three words are anathema to many homebuyers. After all, who wants to live right across the street from a hospital which may have ambulances arriving at all hours, or an airport which is equally beleaguered with traffic of a different kind? Remember that while being right on top of these services might not be ideal, keeping them close by may not be a bad idea. There can be a great convenience in jumping right on the expressway and getting to work in record time. Likewise, being close to the airport will make vacations and business trips much easier. A nearby hospital or other emergency service can also provide great peace of mind to any family.