How location affects house prices
The impact of location begins with the desirability of the city and locale where the home is located. For instance, places that have a mild climate or lucrative employment opportunities tend to have higher home prices than places where the weather is harsh or high-paying jobs are scarce. Geographical factors such as a beachfront or mountain views naturally affect home values too. And of course, being located in a good-quality school district can be a positive factor for any home.
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