There are many factors to consider when buying a home. One of the most important factor to consider is location. However, many times people will make their buying decisions based on the house, rather than the location? Choosing the right location when buying a home is important because it has an effect on the school choices, quality of life and value of your home. When it comes finding your dream home for you and your family, you should never forget the most important consideration.
Let’s say you’re a videographer, own a custom t-shirt store, or a chef at an Italian restaurant. How far are you willing to travel to work? Are you okay with commuting for 30 minutes or 1 hour to get to work? Therefore, the location of your home is also important especially when it comes to work or if you own a small business. You’ll need to consider the commute time from your home to work or small business.
Here are 5 reasons why location is important when buying a home:
1. School Choices
School choices is affected by the location of your home even if you don’t have children. The quality of school choices can impact the future value of your home. You don’t want to choose a home in an area with sub-par public education. Did you know most parents will pay a premium to live in an area with good schools?
2. Safety Concern
Safety is a top priority for many people. When you’re looking for your home, you’ll find houses in high crime areas are less expensive. Do you think any savings is worth potentially becoming a victim of a crime? In addition, when you’re trying to sell your home down the road, you’ll have a much harder time finding a buyer.
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3. Employment
Not everyone likes a long drive. Most people prefer not to experience long drive times. Commuting far to work can have a negative impact on your quality of life. You’ll need to find a home in a location where it’ll add to your life and not suck it out of you. Furthermore, you’ll have to consider the possibility of change in employment status or status of your small business.
4. Geographic Location
When it comes to finding the location of your home, you should think about the things that are important to you. If you’re planning to live in your home for a long time, it’s important to make a decision based on what’s important to you and your family. These things include climate, job opportunities, and proximity to family, friends, grocery store, and leisure activities.
5. Leisure Activities
Think about what you and your family likes to do. Do you want to have access to restaurants, movie theaters, or banquet halls, shopping malls?If you’re interested in movies, golfing, or going out to eat, you should find ah home in a location with nearby leisure activities for you and your family to enjoy.