This is probably the
single most important consideration
to keep in mind when buying a home.
In the real estate business, it
is said that three things count
in establishing property value:
location, location, location.
Houses may be updated,
renovated, and improved, but neighborhoods
and communities tend to retain their
basic character and market value
over periods of time.
Is the home in a safe
neighborhood where people want
to move, buy homes, and raise families?
Is there access to schools, transportation,
and shopping? Is the area run-down,
filled with high crime, or noisy?
Are people moving away to better
places to live?
Look for an area where
homes sell quickly and easily. It's
a good sign if houses stay on
the market for less than three months;
if it takes six months or more for
homes to sell, look elsewhere. Avoid
neighborhoods with a large number
of undeveloped lots, abandoned homes,
poorly maintained homes and yards,
a large number of FOR SALE signs,
or mixed zoning (commercial and
residential together).
House Evaluation
Checklist
Exterior
