It’s a maxim in real estate that the three most crucial factors in selecting a house are “location, location, location.” It’s also true! No matter how wonderful the house is, the location is key to how well you’ll like living in it and how well it sells when you’re ready to move on. Before you buy, carefully check the following factors to be sure the house you like is really the one you want to live in.
Consider destinations
Where will family members go most often from this new location? How easy is it to reach those places from the house? How accessible are schools, churches, grocery stores, medical care, public transportation, shopping malls and emergency services?
Be sure rooms have a view
What is the view from the house and yard? Is the yard right for your anticipated activities? What uses are possible for nearby undeveloped land? Is a new road or commercial development planned?
Check around the clock
Is rush hour traffic a problem? What will be the impact of special events such as local high-school games or church picnics? Crash test the driveway. How easy is it to get into and out of the driveway?
Be service conscious
What utilities serve the property? Are the rates competitive? Do you want an all-electric house, or do you want gas or oil heat? Where will you get your mail? Are there any easements?
Dig below the surface
Is the soil stable? Is part of the property on a flood plain? If so, what is the history of floods on the property and what would flood insurance cost?
Visit the neighbors
How will you fit in with the neighbors? Do people seem to be friendly? Are houses well-maintained?
Read the fine print
If the community has special by-laws or architectural controls over changes to a house, what are the pros and cons?
Make a list of the positive and negative aspects of each property as you tour it. Assign priorities to important elements of the house’s location. If you have questions about a home’s location, we can help. Call 505-440-7200 or email us from our website and check out the cool stuff there – realestateinabq.com
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