Location, Location, Location

Where you buy not only affects the home’s current and future value, but it also impacts your lifestyle. Here is a checklist of items worth considering when you purchase your new home.

  • Urban, suburban or rural
  • Commute time to work, school and church
  • School districts
  • Desirable neighborhoods
  • Proximity to the airport and flight paths
  • Proximity to restaurants, retail and dog parks
  • Access to major highways and thoroughfares
  • Access to public transportation
  • Health care facilities
  • Parks and recreation
  • Length of time you plan to live in the home

One other thing to keep in mind, you might find a home that could work great for you but it has a detractor, such as it’s near a busy road, under a flight path, near high voltage power lines or near a garbage dump, etc. If the detractor isn’t enough to dissuade you, purchasing the home may still be a good fit; however, keep in mind that when it comes time to sell, buyers may be turned off by the detractor or not as tolerant of it. Therefore, if you decide to buy the home anyway, be sure to get a good deal on it because chances are high you’ll need to sell it at a discounted price.