Location, Location, Location
You can remodel the kitchen, add on a bedroom, knock down a wall and change almost anything about a house with some tools and a paint brush ... everything, that is, but the location.
Which is why veteran real estate professionals constantly remind folks of the basic rule of real estate — location, location, location.
Location is number one, two and three on the list, according to many real estate experts. It’s what drives the price. Are you on the beach or are you just off the beach?
Even the word “oceanfront” can mean different things depending on the location of the neighborhood. Oceanfront might be affordable in Maili but it’s not in Kahala.
It’s all About Location
You may have a mediocre home on the beach that has a higher value than a great home on the same street off the beach.
But remember, you can fix up the mediocre house but you can’t pick up and move the nice one.
Location not only affects the price but also the desirability of a home.
Where the home is located is the key factor in affecting a home’s value — both now and in the future.
Buyers are often more interested in the house or the floor plan, but from an investment standpoint, finding the best location should be a top priority
That’s why we’re Prudential Locations. We added the word locations to our company name because that is the number-one thing people want. Talk to one of our specialists. They can point out how location plays a number one role in value.