“Location, location, location,” is a common cry you hear whenever purchasing real estate. But, what does that really mean whenever you are purchasing a home? A good location can mean many different things to different people. Depending on your personal wants and needs you may not be able to buy a home with every factor we recommend below but that’s okay because a home is much more than just an investment. However, the next time you're shopping for a new property in Charleston, SC, or are considering buying stock in the home market, keep the following factors in mind.
It’s a Beautiful Day in the Neighborhood
A truly great neighborhood is going to have a few key factors that you will want to look out for: accessibility, appearance, and amenities. In terms of accessibility, you should look for a neighborhood that is stationed near your city or town’s major roadways ~ even better if they have more than one point of entry. Commuting to and from work is a big part of many people’s day-to-day routine, so a house with easier access will be more desirable to buyers. The appearance of the neighborhood is also very important. Curb appeal is so powerful because potential buyers get a first impression of a property as soon as they pull into the neighborhood. A great neighborhood should also include important amenities such as grocery stores, shops, and restaurants. Schools are another important amenity too, even if you don't have, or plan to have, children. If you want to sell your home in the future this is something many buyers will take into consideration.
Change is the Only Constant in Life
It’s not just current amenities that matter, but future ones as well. Plans for schools, hospitals, and public transportation, among other things can dramatically improve property values in the area. Residential development can also improve property value. When you’re shopping for a home, try to find out whether any new public, commercial, or residential developments are pre-planned, and consider how these additions might affect the desirability of your home in the future.
Do Your Research
Homeowners should know each piece of property is different and that values can vary greatly based on factors such as the overall area, the specific neighborhood, the home’s size, its age, condition, etc. So, closely review all contributing factors as well as compare what others close by are buying their spaces for currently and what they have sold for in the past if you are looking at an older home. How long was the house on the market? This can help you to make a better prediction for the future if you choose to sell down the road.
Decide Where You Should Live With Team Lail-Chambers!
Home shopping can seem challenging but it doesn’t have to be with Team Lail-Chambers! We can help you decide if a new townhome, condo, or single-family home is your best option. Our staff here at Team Lail-Chambers, led by Bob Chambers and Pheobe Lail-Chambers, are well-acquainted with Charleston and the Lowcountry and are happy to help you decide on the best neighborhood for you and your family. We work hard to match you with a home you’ll love. Contact us today! We are ready and waiting to help you find your perfect Charleston home!