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In a real estate boom, homebuyers will clamor for almost any house that hits the market. This is great while it lasts, but when the party's over, only homebuyers who choose the best locales will be holding the most valuable property that also depreciates at a much slower rate. This difference in value is essentially a result of a home's location.
Location is key to valuable real estate.
Homes in cities that have little room for expansion tend to be more valuable than those in cities that have plenty of room.
Consider the accessibility, appearance, and amenities of a neighborhood as well as plans for development.
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