Being close to important stuff like schools, hospitals, stores, and transportation is a big deal. People like houses that are not far from these things, so houses in these convenient spots are worth more.
Location also plays a role in matching a property to a person's or family's lifestyle preferences. Some people prefer urban living, while others desire a more suburban or rural setting. The location should align with the buyer's lifestyle and personal preferences.
The neighborhood in which a property is located significantly impacts its value. A safe, clean, and well-maintained neighborhood with low crime rates and attractive surroundings is more likely to attract buyers and investors.
Natural beauty and scenic views can significantly enhance a property's value. For example, homes with waterfront or mountain views often command premium prices. The location's overall aesthetic appeal, including parks and green spaces, can also influence property values.
Even if you don't plan to stay in a property indefinitely, you should consider its resale potential. Properties in desirable locations tend to have higher demand, making them easier to sell when the time comes.