You have heard it so much that it’s become a cliche, when it comes to real estate in Orange Beach, Alabama (or even Pensacola, Perdido Key or Gulf Shores) its location, location, location. This one though, is based on truth. Location is a powerful factor in your home or condo selection process. You can build the perfect place, have the perfect floor plan or even view, but if it’s in an undesirable location, it will be worth far less than something similar in a “desirable” part of town.
So, what makes a location desirable? Here are some factors to consider:
(1) Walkability – in most places, the “hottest” properties are within walking distance of some body of water, and of course, restaurants, movie theaters, galleries and shops.
(2) Top-Rated School Districts – if you’re not buying a Gulf Coast vacation rental, this is something to consider for resale value or long-term rental potential. Parents will often pay more for a home that is located in a highly rated school district.
(3) Neighborhood – when it comes to single family home purchases, buyer do their homework when they are looking for a neighborhood. More often than not, they look for stability of ownership and a sense of community. Low crime rates with little noise are two things to keep in mind.
Looking for a great home in a great location? Contact one of our realtors in Pensacola, Perdido Key or Orange Beach for help in finding that perfect place to call home.