Location is key to valuable real estate

Location is key to valuable real estate

 

"Location, location, location" is a common mantra in real estate. 

 

But most people have no idea what it means. 

 

A good location can mean different things to different people, of course, but there are also objective factors that determine a home’s value. 

 

When you are home-hunting, make a list of the areas where you would like to purchase. Pay attention to nearby amenities. Consider school, trains, roads, and public transportation, such as bus stops, subway stations, and public bike-share locations. Proximity to amenities will typically improve a home's value.