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Location, Location, Location! You need to know what this really means!

By
Real Estate Agent with Summit Real Estate Group BRE# 01215778

The phrase is sometime totally misunderstood.  The most important factor when buying a home is the location by far.  However, the location is relative to the price range and community desired.  The best location is most desired but the best location with homes in the price range is more practical.  We can't all live in Beverly Hills or The Hamptons which would be highly desired locations.

The best location for the price is determined by several factors including:

  • Safety
  • Quality of Schools
  • Demand for the homes
  • Commute
  • Closeness to Freeway

Also within the best community there are factors that make a location the best including:

  • Traffic Noise
  • Size of lot and backyard
  • View
  • Pool
  • Neighboring Homes

One of the best tests to determine whether one location is more desirable is to check on the same or similar sized homes sale prices at the peak of the market.  Another is to check on how long it takes for reasonably priced homes to sell in the comparable communities.

These are all great reasons to work with a highly professional local Realtor that has your best interest at heart!  I am a local Realtor in the Santa Clarita Valley.  The Valencia area has been home to my wife and me since 1980.  My clients can depend on over 30 years of local knowledge to be at work for you!

Your Friend & Realtor,

Tony Lewis RE/MAX of Valencia, Ca. www.TonyLewis.com tonyglewis@yahoo.com 661-702-4720

Search for your new home in the Santa Clarita Valley & Southern California - You can have new listings emailed to you daily as the are newly listed.  Be First to know about Bank Owned and other  homes!

Comments (2)

Mike Saunders
Retired - Athens, GA

Tony - excellent explanation of what location really means. Kind of like living next to a freeway, some people love the idea and others don't want to be within miles of one.

Aug 19, 2010 12:32 PM
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Location, Location, Location!  That's always been the best selling factor when purchasing a home.  Always a great reminder.

Aug 19, 2010 01:34 PM