Did I mention location? Location is the key.
The value of your home is affected by those
around you. The home may be perfect, but look
carefully at the neighborhood too. No home is
an island (usually) and the value is affected by
the homes that surround it.
Factors determining the best location include:
* Surrounding homes - the condition of other
homes, including buildings and grounds
* Size Matters - the relative size of your potential
home compared to the others. A small home
surrounded by large ones may have taxes
disproportionately high because of the neighborhood.
* Placement - the outer edge of an area is less
desirable than being in the middle, surrounded
by similar homes, except if the property borders
woods, a park or other open space such as a golf
course.
* Best Buy - the least expensive home in the best
area or in an area in transition is a best buy. You
can buy low now to sell high later.
Happy house hunting,
David Shieh
Posted by David Shieh- Abbotsford Real Estate Agent
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