Home Location, Location, Location: How Important is It?

If you’ve spent any time in the real estate market, you have heard the old phrase, “Location, Location, Location.” Yet, this adage is often applied to sellers, but just how relevant is location to the buyer? Actually, choosing a home with a good location is almost more important to you as a buyer than it would be to a potential seller. Here are some factors to consider.

Proximity to Work

Long commutes are sometimes a necessity, but in reality no one enjoys them. Consider choosing a home in a location that is close to work so you can spend more time at the home and less time on the road. Long drives get tiresome.

Proximity to Schools

Is the home located near quality schools? Whether you have kids or not, schools are intrinsic to property values. Find a home near quality schools, and the home will retain is value well.

Proximity to Amenities You Use

What amenities do you anticipate needing regularly? Are you the type of person who always needs a grocery store nearby for those last-minute ingredients, or are you one who needs to have access to a natural area to explore? Maybe a gym is an important amenity, or perhaps you need access to medical care easily. Consider the amenities that are near the home before you buy, and make sure they meet your lifestyle well.

Neighborhood Location

Finally, don’t forget about the location within the neighborhood itself. This is important in two ways. First, the neighborhood itself, and the character or quality can impact a home’s value. Second, where the home is positioned in the neighborhood is important. For example, living near a main intersection can mean a lot of traffic and noise, while a home on a cul-de-sac tends to be quieter and less traffic-heavy.

Are you ready to enter the Raleigh/Durham real estate market as a buyer? Don’t forget to consider location when you do! Contact Amy Shair today to discuss your home buying needs as you prepare to buy in this exciting market area.