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People in the market for a new home often look at properties first, and then the locations. But a good Denver real estate agent will advise you to do the opposite. Because where the home is always the greatest key in selling well. Here are some reasons why:
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- The Property Value should Increase or Maintain
Understanding your home is one of your most important financial investments, investigate the property value trends in the area. You want to be sure your investment is at the very least not expected to decrease.
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- You’re Planning for Upcoming Life Stages
It’s smart to purchase a property you and your family can “grow into.” For example, if you plan to someday start a family, purchasing a home away from great schools may force you to move sooner than you had hoped. Make sure the location suits your family’s needs for at least the next three to seven years.
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- Enjoying Community Activities and Neighborhood Protection
And of course you’ll want to be sure that over the years, the area you live in provides security. Having access to great hobbies or recreational programs is also important. After all the first priority of a move should always be to improve your family’s quality of life.
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So take some time and identify what you’ll be needing in the neighborhood you choose to select. And as you scout for property locations, check-in with your Denver real estate agent. They’re great resources for key information about local communities (e.g. development plans, school ratings, and etc…).
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Are you needing help finding the best location for your family?
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Browse Denver neighborhoods on RE/MAX of Cherry Creek’s blog.
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Resource: http://www.homesandland.com/real_estate_tips/Investment_Location_Effects.html