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Why Your Property’s Location Is Important

Why Your Property’s Location Is Important

March 23, 2021

When you ask your Realtor what the three most important things about a property are, they’re likely to tell you “location, location, location.” This is something that Realtors have been saying since 1926. However, it makes a lot of sense because it’s both difficult and expensive to move a new home once it’s built. Additionally, a new home should be thought of as a long-term investment.

What to Look for in Your New Neighborhood

There are certain things you should look for when you build a new home in a new neighborhood, including:

  • Safety: Find an area with a low crime rate. Sometimes this is reflected in the purchase price, but well worth when you find a neighborhood where you can comfortably interact with your neighbors.
  • Schools: Parents strive to place their children in a good school district. Regardless if there are children currently in the home, it’s still worth doing due diligence in making sure that the home is in a sought-after school district to prevent a necessary move if children are added to the family. Of course, the better a school district the more valuable homes will be in that area. A home that’s located in a subpar school district could also cause challenges when it comes time to sell the property.
  • Surroundings: A home located near a popular shopping center or town hub will also command a higher property value. It’s the convenience factor of the location.
  • Transportation: Having public transportation available or being located near the major roadways and highways will also increase a property’s value. While it’s important to live near these transportation conveniences, they shouldn’t be in your yard. Instead, aim for a property that’s within 20-minutes of a highway.

What to Avoid in Your New Neighborhood

With a clearer picture of what to look for in a new neighborhood, it’s important to also be aware of some things to avoid, including:

  • Avoid a home with a backyard that faces a four-lane road, busy intersection, or highway. It doesn’t matter how great the rest of the neighborhood is, these things are undesirable because they’ll invariably drive down the cost of the property.
  • Something to consider is proximity to emergency services. While you want them close enough in the event you need them, you don’t want to be in their traffic zone. A For instance, fire stations, hospitals due to ambulance sirens; airports, and schools that can lead to traffic congestion.

Finding the Perfect Home

Since every community will have its less than desirable parts, it is up to the individual home buyer to take some time to get familiar with your area of choice.

With a clear understanding of why a property’s location is so important, home buyers can see why so many people visit North River Ranch while searching for a new home in North Manatee County and Bradenton, Florida.

Isn’t it time to contact North River Ranch about a new home?

About North River Ranch

North River Ranch is the flagship master-planned community for Neal Land & Neighborhoods, strategically positioned and carefully planned to evolve to meet the needs of tomorrow’s families and active adults. It’s a fresh approach to development in southwest Florida unlike anything in the market today.

About Neal Land & Neighborhoods

Neal Land & Neighborhoods is a Manatee and Sarasota, Florida-based community and master land planning and development organization led by John A. Neal. The company incorporates smart master-planning and public infrastructure solutions to create the next level of elite community planning in Southwest Florida. By working with carefully selected new home builders, Neal Land & Neighborhoods aims to establish thriving, sustainable, livable and ecologically sensitive communities throughout Manatee, Sarasota and Hillsborough counties. Neal Land & Neighborhoods currently owns or controls several thousand acres of land entitled for more than 9,000 future residential homes and the supporting mixed-use commercial and retail. For additional information, visit www.nealland.com.

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