How Do We Define "Good Location" in Real Estate?
You’ve heard it often over the years. The most important thing in real estate is location. We all nod in agreement, but do we really know what that means? What makes for a good location? How do we determine if a piece of real estate qualifies as “good location?” Is it just in the eye of the beholder? One man’s castle is another man’s hovel?
To a certain extent, good location is a subjective matter. If a piece of property has everything you are looking for in a home, and it satisfies you completely, then isn’t that a good location even if some experts say no?
Still, there are certain things that real estate agents and most buyers look for when they scout location.
- Is the home in a safe neighborhood?
- If you have a family, are there good schools nearby?
- Is there easy access to conveniences like shops, restaurants and stores?
- Is there access to water or does it have a view?
- Is it conveniently located near freeways and major access roads?
If you can check off those five qualifiers, chances are you are looking at a viable piece of real estate that will have good resale value down the road of life.
Sports Relocation, Inc. Sports Relocation, Inc assist players/coaches of all professional sports leagues including the NBA, WNBA, NFL, MLB, NHL, and entertainers relocate nationwide by servicing their Real Estate & Relocation needs. Ikem Chukumerije is licensed to practice real estate in New York, California, Nevada, Florida, & Georgia. Sports Relocation, Inc operates nationwide and provides elite athlete relocation services in all 50 states and internationally.