When buying a home, many buyers face a common dilemma: should they prioritize more space or a better location? While square footage can certainly add comfort, location is often the factor that truly defines long-term value, lifestyle, and investment potential. In real estate, the saying “location, location, location” isn’t just a cliché—it’s the ultimate rule of thumb.

1. Property Value and Appreciation

A larger home in a less desirable neighborhood may cost less upfront, but over time, it may not gain as much value. On the other hand, a smaller home in a prime location often appreciates faster. Proximity to schools, employment hubs, shopping districts, and transportation makes a property more appealing to future buyers.

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2. Lifestyle and Convenience

Square footage can provide space, but location provides daily convenience. Living close to work, reputable schools, parks, or entertainment saves time and improves quality of life. Many buyers today prefer walkable neighborhoods or areas with strong community amenities, even if it means sacrificing extra bedrooms or a bigger yard.

3. Resale Potential

When it’s time to sell, location often outweighs size in buyer preferences. A well-located home can sell faster and attract more competitive offers. In contrast, even a spacious property in an isolated or declining neighborhood may sit on the market longer.

4. Safety and Community

Safety, accessibility, and community culture are tied to location, not square footage. Families, especially, look for safe neighborhoods with good schools, which significantly drives property demand.

5. Long-Term Investment

Real estate is not just about comfort—it’s also about financial security. Choosing location over size often leads to stronger equity growth and a more stable investment.

While more square footage can feel like a luxury, location consistently proves to be the smarter choice. A home can be renovated, expanded, or redesigned over time, but its location is permanent. Whether you’re buying your first home or your forever home, remember: a prime location adds value, lifestyle benefits, and lasting returns that square footage alone cannot guarantee.

Matt Witte strives to be the best realtor in Andover MA.

Any questions about real estate, reach out to Matt Witte, Andover Realtor, MA