Location, Location, Location

You've heard it before and oh how important it is. Location is an all important factor in real estate. I am reminded of this while walking the links at Quail Hollow Country Club in the Ballentyne area of Charlotte, North Carolina. The club is host to the PGA Tournament, formerly known as the Wachovia Championship. This course is dotted with some extremely large and impressive homes ranging anywhere from 10,000 square feet and up. But picture these homes in another location, while they would still be impressive in their own right, it is their present location that truly brings their value to height. Take any home, for example, whether its large, small, old or new..it is effected by it real estate geography. On Lake Lure, North Carolina, it's shoreline is dotted with many fine homes some priced into the millions, however, on one peak sitting among fine properties is a older manufactured home with one of the greatest views...while the home in and of itself is worth only a few thousand dollars, by its mere footprint on the landscape it is worth thousands, maybe even hundreds of thousands. So consider this when you are searching for a home or home site. Location is vitally important to enhancing the value of your real estate investment, choosing your location should be done with much research and foresight.