Jun. 6, 2008 - What matters more?

Location, location, location

Yeah...we've all heard the line before. However, what is a great location for me might not be the best location for you.  Maybe what is important to you is proximity to work, nightlife, places of worship or recreation.  A good location could be one that is surburban or urban.  Location is a very subjective thing.

What truely defines a good location is the ability to attract and appeal to the greatest number of potential buyers resulting in the highest resale price at the time of sale.  A good location, in terms of resale value, offers well maintained properties, a diverse and thriving economy, low crime rates, easy access to transportation and/or highways and close proximity to essential services and shops; to name a few.

Whether or not you have children in school, a good perceived location is one that's associated with quality schools.  Areas in and around Somerset offers choices between urban areas, such as New Brunswick with its variety of restuarants and night life or Franklin Township's varied surburban sections such as Quailbrook, Franklin Park or Wildflower Ridge.