We hear it all the time location, location, location. It is the most important thing to consider when buying or selling a home. A home can be perfect and have every amenity, and lots of space but being in a bad neighborhood can cost you buyers. It is easy to fix internal and external issues of a home, but not the physical location. Find out how to sell your house as-is in an undesirable location.
What is essential to consider in location
Schools
When searching for the perfect home for your family, it is important to consider whether or not the house is zoned for quality public schools, has a good overall school district, or has private schools nearby. This is good to consider especially if the city you reside in is family-oriented and if you have kids in or entering school age. A home’s value can be retained or increased by being located in a good school zone. These are sought after and should be strongly considered. If your home isn’t in a good school district and you are trying to sell, consider selling your home as-is.
Crime
Neighborhoods with high crime rates are usually not top prospects for homebuyers. Crime reports and crime rates aren’t difficult to stumble upon on the internet, which means potential buyers can be aware of anything that's going on in your neighborhood.
Amenities and transportation
The location of your home being close to amenities is a big selling point. Being close to restaurants, grocery stores, transportation, shopping and entertainment is important. Having close access to amenities increases the home's value.
Neighbors
Sadly, you can’t change your neighbors. If you reside next to neighbors that are loud, have a dangerous dog, or even live in a fraternity house this can affect you as well. This can play a role in the resale value of your home which is why this is important to look at before buying a home. The overall neighborhood and area should serve as a good indicator of who lives in the area. It’s also not a bad idea to look at the neighborhood before making the big decision between purchasing a home or moving on. This is the time to be picky!
Future Appreciation
In order for a home's property value and appreciation to meet its potential, a good location is essential. Location plays a role in demand in the real estate market. Buyers are drawn to good neighborhoods, making the overall location improve due to the demand.
Sell your house as-is
Best Priced Homebuyers will buy your home as-is no matter the condition or location, no updates are necessary. When you sell your property for cash you will receive a cash offer in as little as 24 hours! We will buy your house and make it a simple and stress-free process. Forget inspections and realtors, and make cash fast! Contact us today and request a cash offer.