It’s the three words that home buyers constantly hear: “location, location, location”.
That’s because location is a key reason why home buyers will purchase one dwelling over another, regardless of what the home offers.
Why? Fixtures and fittings are changeable but location isn’t.
Nearby amenities, particularly rapidly evolving ones, will also add to the property value.
But exactly what makes a great location? One word: convenience. With busyness now the average way of life, time is more treasured than ever.
So, search for a property within a 10-minute drive of a grocery store and other basic retail points such as a gas station, schools and medical facilities.
Home buyers in urban areas may also be keen to live close to a larger shopping mall.
School proximity
Locations close to top-notch educational facilities are a driving force for home buyers, including those currently without children but planning to have them in the future. Even those planning never to have children should check this point as school proximity can add to home values.
Transport convenience
Whether by road or public transport, this is another major location key, especially when it comes to an easy commute to employment, schools and everyday facilities. Also check on current and upcoming transport developments in the area.
Entertainment
While not as crucial, entertainment and recreational facilities should not be forgotten when it comes to ideal locations. Think public parks, walking trails, sporting facilities, pools, bars, restaurants, cafes, museums, art galleries and everything in between. Parents will particularly prefer an easy commute to local sports fields.
Do your researchThe best way to check a property location is to drive or walk around the area at different times of the day and week. Inspect all facilities close to the home and talk to people including local residents and store owners.