This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.
When choosing a neighborhood, location is what I focus on. Here’s why location can make or break your home.
I am hoping to buy a house soon. This isn’t the first property I’ll buy. In fact, I’ve purchased both a primary home and a vacation home, and I’ve moved several times so I have bought a few different places.
After spending over a decade as a homeowner, I’ve come to clearly define my priorities when looking for properties. When I look for houses to buy now, there’s one thing I consider above all else before I’m willing to get a mortgage loan and make an offer. Here’s what it is.
This is my No. 1 criteria for homes I’m interested in
As I look for houses, the most important thing I am considering is the location where the property is. Specifically, I have some very detailed demands for where I want my house to be located. I want the house to be:
In a safe area so I don’t have to worry about my kids playing outdoorsIn an area where we can walk to parks, restaurants, and other activitiesIn a place where I can get to the majority of places I want to go without having to sit in traffic for long periodsIn an area with a good school district On a lot where I do not have rear neighbors
All of these things are essential for me to be able to enjoy living in a house. I’ve learned this over time as I’ve had bad experiences with noisy neighbors located behind my house, and have had even worse experiences buying a property in a high-traffic area. The delays were so bad, I didn’t even want to leave the house half the time.
A good school district is also important to me, both because I have children who may attend school there some day and because I know that parents care about this issue — so a good district is essential to maintaining property values.
Why location is so important to me
Location is my No. 1 priority over other issues such as what the house looks like inside because location is the one feature of a home that absolutely cannot be changed. I can’t pick up my house and move it elsewhere because the traffic is bad, and I can’t make rear neighbors disappear even if I really don’t like them.
Things like a daily commute and the ability to get to stores and restaurants easily will have a much greater impact on my ability to enjoy my life than things like an updated kitchen or a luxury spa-like master bath. These types of home features may seem attractive at first glance, but you usually get used to them over time. And a dated bath or a kitchen with older cabinets isn’t likely to be a constant annoyance like sitting in traffic for hours would be.
While that’s not to say I don’t also want a pretty house if I can find it, location will always be the biggest deal breaker — and I’d rather have a less perfect home in an ideal location.
Ultimately, every home buyer needs to set their own priorities. But, I firmly believe location should be No. 1 for most people due to the profound impact it can have on every other aspect of your life.
Our picks for the best credit cards
Our experts vetted the most popular offers to land on the select picks that are worthy of a spot in your wallet. These best-in-class cards pack in rich perks, such as big sign-up bonuses, long 0% intro APR offers, and robust rewards. Get started today with our recommended credit cards.
We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers.
The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team.Christy Bieber has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.