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How to Buy a Home with Good Resale Value:

by Janet Wickell

No. 1 Location is Essential

Locations regarded as most desirable today might not keep that status forever, but they're good models to use when you're searching for a home.

  • Why are those neighborhoods in demand and how long have they been top choices?
  • Are there other areas in town that are increasing in desirability?
  • Does new growth in town seem to be headed towards a certain area? Will there be plenty of services (groceries, shopping, schools) in that area?
  • Is the community changing--with residential areas shifting over to commercial properties? (That can sometimes be a plus for eventual value, but a negative while you live there.)

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