Location, location, location--you've heard it before--the area you choose to live in will have the most impact on your home's value and your quality of life. So how do you know where to go? You probably already know whether you prefer a city, the suburbs, or a small town, and which climate is most desirable for you. But there are many other factors to consider before you relocate. Here are a few questions to help you narrow down your options:
- How long will it take me to get to work? How much will it cost?
- How far will I be from family and friends?
- Can I afford the local taxes?
- What are the schools, hospitals, and other public services like? How close am I to them?
- What is the crime rate?
- Are there any amenities nearby, such as parks and recreation centers? Are there things to do both during the day and the night?
- What is the traffic like? Is it noisy?
- Are there new homes being built nearby? What is the long-term plan for the neighborhood?
- What are the current values of similar homes?
- Is there shopping nearby?
- Where are homes selling fast? Where are sales stagnant?
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