Location is one factor for consideration when buying a home. It is in fact the most dominant in determining value. When talking about location, it isn’t just tied in with having a decent view of the ocean or having a good layout that’s perfect for an interior plan. It is all about closeness to facilities like roads and amenities such as shopping or entertainment.
A buyer can regard a specific area as extremely valuable when it’s close to that person’s specific interest. Let’s look at some proximity items that can add value to a property.
- Schools. Being close to a school can make life substantially more simpler for a parent that won’t need to make long trips in bringing their kids to and from school.
- Accessibility to highways. The accessibility of highways and expressways make it advantageous for every family member and particularly more important for individuals who work in the city. Getting back and forth to work is a genuine breeze with the highway not being too far.
- Convenience stores. Who would want to spend hours driving just to go to a grocery store?
- Police station. Although there isn’t much difference in significance, its nearness somehow fills in as a powerful discouragement to wrongdoing and crime rates may be a little lower.
- Religious scenes. When you are an incessant guest to your religious place, it would bode well that living close-by will be a comfort to pay for, especially if you treat venues of worship as a second home.
- Public transport. Not every person can manage to have their own vehicle. This is where utilization of transport facilities like trains, cabs or buses are extremely helpful. Properties in thick urban communities are known to be in intense demand when they are situated close to metros stations. Since the streets are stuck in a bottleneck a fraction of the time, taking the train turns into the most proficient approach to go within the city.
- Dining options. Can’t cook? No point going through the hassle when you can settle a meal for a few bucks nearby.
- Landmarks. A sheer proximity to an international landmark like the famous Golden Gate Bridge or the world’s crookedest Lombard Street is reason enough for the property to be of considerable value.