If youre just looking for a comfortable home in a decent neighborhood and intending to remain in this home for a long time, location may not be on top of your list of concerns. But if resale value is your priority then you have to think location, location, location. Its that important.

The rule is to buy a house that will appeal to the largest number of future potential buyers. This requires you to make a number of different location choices. Which community? Your choice should be narrowed to only a few local communities. You want to buy in a community with a viable and stable economy and a good mixture of commercial and business district. So when you want to sell your house, you can have a reasonable expectation that your community will still be a desirable place to live in. You should also look into the local crime statistics.

Pay close attention to the local schooling system even if you dont have school-age children or do not intend to have children because many potential buyers often have this concern. Also, property tax in one town maybe higher than others. Usually, potential buyers will choose not to buy a house in the community with higher taxes but its not always the case because you will often find that the cost per square foot is lower in towns with higher taxes. Meaning, you can buy a bigger house for less money so the mortgage payment plus taxes could result in approximately the same monthly housing costs.

By keeping the above factors in mind before buying, your new home can become a great investment.