How Location Determines the Value of Your Home

If you’re looking to buy a home anytime soon, you’ve probably been browsing real estate listings whenever you have spare time. Homes for sale can be daunting to look at in person, never mind browsing endless listings online and trying to get in contact with real estate agents over the phone. Sometimes, there’s so much choice out there that it can be hard to narrow down what you really want and make a decision.

However, there is one key metric that you should be focused on when you’re browsing homes for sale: location. Eight in 10 (81%) Americans agree that they value the location of their home over the size, and for plenty of good reasons. While how a home is built or how old it is might seem more important in the short term, location will determine many of the other factors of your home’s value in the long run.

Schools and Education

If you’re planning to have children in the future, then it’s worth knowing what type of educational facilities are around the home that you’re considering purchasing. Even if you’d never utilize the public education system or opt for a religious school, you still need to consider how far away the educational facilities of your choice are from your new home. It doesn’t matter if the public schools have a stellar reputation if you’re planning to send your child to a private school halfway across the city, which will require a hefty commute. Similarly, living in a rural area with subpar schools can quickly erase the savings you made on the property by not providing your child with a decent education. You need to consider the location of your home and what educational facilities are around it when browsing homes for sale.

Shops, Restaurants, and Fun

Living in a city can be exciting. The hustle and bustle never seem to stop, but because of all the people around, there are loads of shops, restaurants, and fun times to be had just around the corner. Living in an urban or suburban area never gets boring, and this is something to consider. While the countryside can be romantic and wonderful in its own ways, it might not appeal to you if you don’t like having to drive a long distance to eat at a restaurant. In the same way, going to bars and dealing with traffic might be annoying in the city, and you’d be better off trading it for the calmness of the suburbs. When browsing homes for sale, the businesses around them will inevitably become part of your life. Decide on how long you want it to take to get groceries, eat, or have a fun time and plan accordingly!

Access to Nature

No matter where you live, there is some access to nature. The question you must ask yourself is: how much do you need? From Central Park in New York City to national forests on the outskirts, homes for sale can be located next to various natural environments. If nature is near and dear to your heart, or you’d prefer your pets or children not to walk on concrete all the time, then this should be a factor in the location of your home when looking at homes for sale.

Location Matters, So Choose Wisely!

To put it simply, location matters when you’re looking at homes for sale. If you choose the wrong location to park your life and your family, it doesn’t matter how amazing your home is inside if you never want to leave it. Noise, educational facilities, shops, and access to nature are all big things to consider when it comes to choosing the location of your home. Luckily, the real estate agents at Century 21 Kandi Realty, Ltd. can help you make a great choice for your home purchase location today!