One of the most common adages in real estate is: “The three most important things to consider when buying a home are: location, location, location.” And it’s true.
But some friends of mine taught me to choose a home to buy based on it’s orientation to the sun. EAST is the direction my friend! Once they told me I was hooked. EAST is the key. They try to buy a home that lies east of work and other related commutes. Why? It’s whether the the sun is in your face as you commute to and from work or not. Traveling to work is difficult for many reasons, but having the sun in your eyes (both to and from) makes a big difference. I’d never thought about that before, but I do now.
So, buyers list location in their top three considerations when looking for a place to live. The stats vary depending on the homebuyer, but where a home is situated is generally accepted as very important. But when deciding on a location, homebuyers should consider other factors like external factors, too.
While considering what the market is doing is important when buying a home, it’s more important to determine what’s right for you. What’s best for location can be vastly different from one buyer to the next. For example, a condo downtown is great for young professionals or a couple in retirement… but a busy, urban location for a young family could pose more challenges than solutions offered. Conversely, for a family wanting a yard and a specific school district a suburban single-family home can be the answer.
So, choosing a location, like so many other things in real estate, is a very personal decision. But consider buying EAST, my friend.