Consider This When Choosing The Location Of Your Next Home

I'm sure you've heard it before, but it doesn't hurt to say again. 

When it comes to real estate, location matters. 

Location can impact the convenience of getting around, how connected you feel to your friends/family, and your overall experience in the home. 

But what goes into finding the perfect location for your next property?

The main factor that will impact your home's location is distance–precisely the distance from necessities, amenities, and safety services. 

Necessities

At Savant Realty Group, we define necessities as the locations an individual needs to build their physical, financial, spiritual, and mental strength. These are facilities you must consider when purchasing/renting a home.

Having these locations close to your home makes it easier for you to be present and build a sense of community. 

Common Necessities:

• Work
• School
• Grocery Stores
• Preferred Medical Centers
• Preferred Religious Centers 

Amenities 

Having these types of locations nearby makes a day/night out easier. These are not mandatory to have close by, but it would be a significant perk. 

It also means that the area is favored, and the property value is high, which you can benefit from depending on when you purchase your home. 

Common Amenities:

• Rec Centers
• Gyms
• Restaurants 
• Retail Stores
• Parks

Safety Services

These are facilities that provide aid in an emergency.

Being mindful of how far these establishments are from the homes you are considering would be wise if they are ever needed. 

Safety Services:

• Neighborhood Security
• Fire Station
• Police Station
• Hospitals/ Emergency Rooms

Investors 

Our Savants advise that you have particular types of tenants in mind before buying a property as an investment. 

Once you define the tenants' preferred area, use the advice above as a cheat sheet to determine the kind of property you should invest in. 

Unless you plan to employ property managers, you want to get a property that you can readily drive by and check on if necessary. 

Whether it's on your way to your day job or close by a place you frequent, you want to make sure it's in an accessible location in case your tenants ever need you. 

Conclusion

Regardless of whether you are buying or leasing, you want to be aware of the location of your home and how far it is from necessities, amenities, and safety services.

Having these facilities near you will impact how much you enjoy your time in your new home. 

If you have questions, need advice, or need resources regarding your real estate journey, book a time to speak with us. Our Savants will be here to guide you every step of the way.