Home buyer tips:
Location, location, location
But what does that really mean?
a 3 part series
What’s the number one thing that adds value to a home? It’s location! And what makes a location valuable is going to vary depending on what type of house or neighborhood you’re looking for.
If you’re thinking of buying a condominium in the Inner Harbor, for example, you’re going to be looking for a location that is walkable to shopping or restaurants. Buyers are often looking for a location close to a dog park, and on the sunny side of the street and isn’t shadowed by a tall building – those homes can be dark inside all day. Many Baltimore condo buyers are looking for a location with a water view.
If you are buying in the suburbs, lets say in Towson or Lutherville-Timonium, schools are the number one important thing for a determining a location that adds value.
Going north and looking for a home with a country feel? Even home buyers who want privacy and land want a location with decent proximity to major roads. Not many buyers want to be all the way up near the Pennsylvania line and have a 15 minute drive to 83 before they can even start their drive into downtown or Towson.
Location is the one of the most important things to consider when you’re looking for house that will hold it’s value – it’s an amenity that never goes out of style!
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