ITS MY HOUSE– What constitutes a great location - And why are people willing to pay so much to be in a good location
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GUEST – Andrea Tucker, Director of MortgageMe
A good location can mean different things to different people, of course, but there are also objective factors that determine a home's value. Depending on your personal needs and
preferences, you may not be able to buy a home with all of these factors. And that's OK. After all, a home is much more than just an investment. When you are home-hunting, pay attention to nearby amenities.
Buyers usually want convenient grocery stores, dry cleaners, and entertainment. Consider trains, roads, and public transportation for transportation, such as bus stops, subway stations, and public bike-share locations. Proximity to amenities will typically improve a home's value.
A good location can mean different things to different people, of course, but there are also objective factors that determine a home's value. Depending on your personal needs and
preferences, you may not be able to buy a home with all of these factors. And that's OK. After all, a home is much more than just an investment. When you are home-hunting, pay attention to nearby amenities.
Buyers usually want convenient grocery stores, dry cleaners, and entertainment. Consider trains, roads, and public transportation for transportation, such as bus stops, subway stations, and public bike-share locations. Proximity to amenities will typically improve a home's value.
