Deciding where to buy a house requires an understanding of the location you want to buy in.
The location is an important factor when purchasing a property. For example, a property may be cheap when compared to similar properties in other areas. However, closer analysis often reveals that location often plays an important part in determining property prices. More specifically, the amenities and other related factors greatly influence where to buy a house.
School catchment areas are very important factors parents consider when deciding where to buy a house. Parents want to ensure their child has the best start to life, and a highly rated school is a good way to do this. For this reason, the purchase prices per square foot of family size homes (meaning 3 bed-room or more) in sought after catchment areas are often higher than the price of 1-bedroom properties in the same area.
Where to buy a house based on transport links
Another important factor when deciding where to buy a house are transport links. For example, properties that are near tube stations and train stations are often higher priced. Conversely, properties that are far from tube and train stations are often lower priced. It is a fact that time is a very important resource, and so, the closer a property is to a train or tube station, the fast it will be to commute.
Where to buy a house based on an area’s reputation
Some communities are more prestigious than others. For example, a 3-bedroom family home directly on a busy road would be less desirable than a similar property in a cul-de-sac. The reason for this is that couples often purchase 3 bedroom properties with children, and so, there would be reservations about purchasing a home on a busy road if there are small children needing somewhere to play safely.
Noise pollution, and where to buy a house
Another factor which should be considered when deciding where to buy a house is the exposure to noise pollution. Noise pollution or noise disturbance is the disturbing or excessive noise that may harm the activity or balance of human or animal life. A good example of this is with properties that are purchased near airports. The problem is that the homeowner will always have to deal with the powerful sound of airplanes that often vibrate properties with the sound as they whizz to and from the airport.
There are many factors to consider when deciding where to buy a home in. The most important thing is that you consider what location factors are most important to you, and then make the purchase decision on that basis.