Step 4: Know Where You Want to Live
Amanda has a rule of thumb when it comes to choosing where to live: You are better off buying an average house in a great neighborhood than the best house in a less desirable neighborhood. "Your home will appreciate to the homes around you," she explains. "If you're the smallest home on the block, the bigger homes will drive up the value of your investment."
Next, decide the needs of you and your family. Do you want to live close to your job? In which district do want your children to attend school? Are there parks nearby? Is there access to public transportation? If you attend services, is there a nearby church or temple? Answering these questions now will make the difference in your long-term happiness.
What to do:
Step 5: Needs Versus Wants
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