Home Purchase - Property vs the Location

Home Purchase - Property vs the Location

If you are in the market to buy a property,  which one will you consider first? The property itself or the location?

Of course, you know real estate is all about location, location and location. Location definitely comes first.

So, it is advisable to buy a smaller home in a neighborhood where there's a lot of bigger homes. So, what happens, your smaller home also gets a better value compared to buying a huge home in a neighborhood of small homes. That's number one.

The other thing is also the location, the value of the location, the school district, the other amenities and the commute and all that stuff. So location is definitely first. Now when you buy a property there's certain property conditions are very important too, even though a lot of time I see the buyers, they go for the remodel upgraded property. Of course, that's what we look at. But most important is the size of the house. Because you can always remodel a property, but you cannot stretch it. So location first, then the structure of the house and the measurement of the rooms, the square footage of the house. Those are very important too, because you can never change them.

So remember when you are in the market to buy your next home, remember these things, location, then the property, dimension on the size then comes to the condition of the property.