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Buying
a Home With Resale Value
Location – The
Residential Neighborhood
Within your residential
neighborhood, you want the nearby properties to be fairly homogeneous
– alike in style, size, and structure. This does not mean they should
all be exactly the same, either. Owners will put their own unique
stamp on their homes.
Your future home should
be located as close to the center of this neighborhood as possible.
Avoid the edges. In short, you do not want your property to back or
side to a busy street. If you are buying a single family home, you do
not want your property to border a condominium, apartment complex,
business, school, or even a park.
You also want to make
sure the street you buy on is not used as a shortcut between two
busier streets. Nor do you want to buy a house on a corner lot, as
those tend to attract more street traffic and are not as safe for
children. Buy in the middle of the block or on a cul de sac.
Like we said before,
you want your home to be neatly tucked away in the center of your
residential neighborhood.
copyright 2000 by Terry
Light and RealEstate ABC |