Is it all about location?
Still worth saying "Location, Location, Location?"

As I see it, it is the number one rule in real estate.  If two homes are "created equal", and one is in an area closer to lakes, shopping, schools it would naturally be more desirable than the other yes?
Now if you feel there is still some concern about where the real estate market is headed, then the answer is definitely yes. It is Location, Location, Location.  Big time.

                                                    My listing at 1002 Delaney Park Drive 32806

Such a simple rule but so often overlooked.
You can buy the right home in the wrong location.  You can remodel it, you can change it, you can add to it....but you cannot pick it up and move it somewhere else.  I am basically restating the thoughts and sentiments expressed here but I see examples of this in Orlando everyday.

I guess what "Location, Location, Location" means might differ somewhat from person to person.  But for many of the clients I have worked with some of the most desirable location features include:

1.   Close Proximity to Oceans, Lakes and Parks

1002 Delaney Park Drive  just one block away from Lake Davis

When you think about it, there are only so many waterfront, water view,  or homes just a short walk to water.  Same goes for parks and recreation facilities.  Limited supply leads to increased demand.

2.   Highly Rated Schools

You might say that this is only important if you are looking for a home and you have school aged children.  But what about when you go to sell?  Your home will probably attract more potential buyers (those with children) if you are near highly regarded schools.

3.   A Smaller Home In A Rich Neighborhood

Better to be a small fish in a big pond as far as resale is concerned in most cases. You really can't lose here.  A smaller home might be an opportunity for someone to gain entry into the neighborhood of their dreams.

4.  Walking Distance to Restaurants and Shopping

In this day and age more people want to feel self reliant.  The idea of being able to stroll to a neighborhood cafe after work would be appealing to many.  Cars do break down you know.

5.   A Safe, Secure, Stable Neighborhood

Well of course you would want to know that if you did decide to stroll to a neighborhood cafe you would feel safe doing so!  Not to mention the security of the home you just walked out of.    Also, is the area of the property consistent?  A home might be considered of greater value in an area of other similarly built homes, as opposed to a mixed usage community- homes near offices or industry.

Other "good" location features might be accessibility to hospitals, public transportation and job.  Take a look at the information on my listing pictured- 1002 Delaney Park Drive in the Lake Davis district, A couple of steps from the front yard and you can see the beautiful lake!

Back to the "two homes created equal" scenario.  Think of a home exactly like this one on Delaney Park Drive except located in an area of high crime, on a busy street, in a depressed area next to a paper mill!  I could go on and on but hopefully you see my point.

In my humble opinion, "Location, Location, Location!" will never change. It should and will continue to be the most important factor when choosing a home, and without a doubt a home in a great location is well worth a premium.

For more information on Location, Location, Location and this lovely home featured please do not hesitate to get in touch with me.

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