Location VS Size which should consider when buying a house?

Posted by raji tamil on November 29th, 2018

Are you hunting the house? As an investor, already you made a list of your needs. Location VS. Size debate is most of the buyers met with.  Usually, the buyers get disappointed in both the cases one is a small house located in the heart area of the city and the other is a large house in a normal location. It is strange to find the house with the desired size in the great location. Priority of the size or the location may differ based on your needs. You have to analyze different factors before making a final decision.

Assess your needs

Buying a large house or not will be based on the size of your family. If you have planned to move your entire family to the new house then large apartments in Chennai is preferable or else you can buy a small size apartment. When you planned to live alone then give high preference to location.

Budget

Budget is the key factor which influences the decision of the investors. Make sure the apartments or flats which you are going to buy will fit into your budget. Some people may ready to spend extra amount if they find the large size property in a great location. But don’t take a risk by investing a huge amount in buying a residential property.

Determine Resale Value

An apartment or building located in the heart area of the city will get the best values in the future.  Choosing the large homes with better connectivity will increase your property value and give the best Return on Investment. Property with world-class amenities will always in a high demand. Keep it in mind before buying a property.

Common Areas

Having a swimming pool, Gym and other facilities make you live a comfortable life. If you are ready to share the amenities then you can find such apartments building in the main areas of the city. Nowadays builders in Chennai understand the needs of the customers and incorporate the essential facilities within their living space.

Consider an Upgrade

In some of the cases, the people may plan to rearrange the house based on their requirements. Make sure your location offers quick access to your workstation, schools and other facilities.  If you financially have a good background then chooses the apartment in the prime location of the city.

For More: Flats for Sale in Chennai