Why Does House Location Matter So Much Anyway?

This time-honored advice seems so obvious, but have you thought about exactly why it’s so important? House location matters for several reasons. Luckily, the Upper Valley of Vermont and New Hampshire is still one of the best places to buy a house, in towns like  Hanover, Lebanon, Quechee, or Grantham, for example.

7 Reasons Why The Location of Your Home Matters:

Access to Amenities

The location of a house determines its proximity to essential amenities such as schools, hospitals, grocery stores, parks, public transportation, and recreational facilities. Living close to these amenities can enhance convenience and quality of life.

Neighborhood Characteristics

Different neighborhoods have distinct characteristics, including safety, curb-appeal, and community vibe. The neighborhood’s ambiance can significantly impact your daily living experience and overall satisfaction with your home. Spend time during your house hunt in the Upper Valley driving through various neighborhoods to get a sense of what appeals to you. Do you like larger, more rural locales in Plainfield, NH, or Lyme, NH? Or perhaps you prefer a more downtown feeling in Hanover or Lebanon, NH.

Property Value

Location is a primary determinant of property value. Houses in desirable neighborhoods or areas with good schools, low crime rates, and high-quality infrastructure tend to have higher resale values. Conversely, properties in less desirable locations may depreciate or struggle to appreciate in value.

Commute Time

The location of your house relative to your workplace or other frequently visited destinations affects your commute time and transportation costs. Choosing a location with a shorter commute can save time, reduce stress, and lower transportation expenses. Most major employers in the Upper Valley are based in Lebanon, NH, Hanover, NH, and Hartford, VT.

School District

For families with children or individuals planning to start a family, the quality of schools in the area is often a significant consideration. Living in a neighborhood with well-regarded schools can provide better educational opportunities for children and positively impact property values. Although real estate agents are not allow to comment on the quality of school systems by law, there are many resources available to home buyers in the Upper Valley to research this.

Future Development

The future development plans and infrastructure projects in the area can impact property values and quality of life. Investing in a location with planned improvements or development can lead to increased property values over time. Consider reviewing town board meetings of the towns you’re focusing your search on in order to determine their priorities and plans.

Zoning Regulations

Zoning regulations dictate how land in a particular area can be used, affecting the type and density of buildings, noise levels, and overall neighborhood character. Understanding zoning regulations can help homeowners anticipate potential changes in the neighborhood and make informed decisions. Towns such as Hanover, NH and Lebanon, NH have clear and well thought out zoning ordnances, and others such as Enfield, NH and Orford, NH specifically do not have any zoning.

Overall, the location of a house is a critical factor that influences various aspects of daily life, property value, and long-term investment potential. It’s essential to carefully consider your priorities and preferences when choosing a location for your home.