Home Proximity And Value

It has been found that having the best schools, close grocery stores, convenience stores, retail shops coffee shops, nearby parks, entertainment, beautiful water features such as lakes, oceans and river as well as easy access to transportation all have a positive impact on a home’s worth.

good home proximity

On the flip side, being near overhead power lines, power plants or water treatment facilities, flood zones, busy roads, a dump site, airports, adult oriented businesses and criminal facilities or near a neighbor with a criminal background could all possibly have a negative effect on a home’s value.

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It’s also really important to think about a home’s location when looking to buy, not only for your own reasons but also in the case of resale. Some negative factors above could impact your ability to sell your home in a timely fashion.

bad home proximity

Special note: Licensed real estate agents are not legally allowed to share certain pieces of information with you like criminal activity in the area, so it pays for you to research with the local police departments before you choose a home.

Want more homebuying advice? Nestiny is a great place for homebuyer education and to help you gauge how ready you are to buy a home. Journey Homeward allows you to enter all of your wants and needs while the True Affordability Tool will break down your budget, showing what you can comfortably afford. You will also receive a free Ready Report that is personalized based upon the information that you entered. This report will give you a vital head start in the home buying journey, saving you valuable time and money.

For more helpful tips and guidance about all things home, please join Nestiny by signing up below for free access to all our tools, games and money saving advice. So what are you waiting for? Get started on your journey today!

Ready To Become A Smarter Homebuyer?

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Are you a real estate professional? Go here.

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Ready To Become A Smarter Homebuyer?

By signing up, you agree to Nestiny terms of use.
Are you a real estate professional? Go here.