August 29, 2006

THE ELEMENTS OF LOCATION

When you are in the market for a home, how should you evaluate the properties that appeal to you? There is an old cliché about the three most important factors of a piece of property--location, location and location.
Some neighborhoods have a certain distinction that attracts buyers, but there are other factors to take into account. A house in a good location may have a few points subtracted if it is located on a busy street. There are buyers who would like to be close to schools, shopping, and churches, but don't want to live across the street from these facilities. You may want an easy commute to your job, but would not consider a location close to the "on" ramp of the interstate. A location close to an airport would be convenient if you are a commercial pilot, but might make it difficult to sell even the most wonderful house.
As you balance all of the factors, remember that a location liability that gets you a great house at a reasonable price will probably require you to pass a similar savings on to future buyers.
Anne is an award-winning full-time professional real estate broker in Apex and Wake County.For professional advice on all aspects of buying or selling real estate, please call Anne Cain at Keller Williams, 919-303-3588, or visit her website at www.annecain.com.

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