Location ~ Location ~ Location
I am pretty sure you all have heard this Real Estate quote many times before. You can redecorate, rebuild, relandscape, perhaps even modify certain aspects of a home's location, but you can't change where a home is located. (unless you move the house!)
At a minimum, make sure to avoid locations that involve high noise levels, unsavory elements, traffic, pollution, crime, poorly kept homes and decreasing property values.
Instead, look in areas where homes are appreciating and close to major employment, great schools, transportation, shopping, entertainment, restaurants and parks and other recreation areas.
Also remember, that a home priced low due to its location will sell low due to location later on when you try to sell it.
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