So I have already purchased the property, but would love to hear people’s perspective on the decision I made.
The age old saying of location is what matters most when assessing the value of a property doesn’t have much detail on what location means. For example proximity to the beach vs view over looking the ocean but further away.
Earlier this year I was assessing two lots in Big Sky, MT. Both similarly priced but the main difference between the two was the view and ski in / ski out access. All else relatively equal (lot size, price, building regs, neighbor, etc).
Lot 1 had an amazing view of the Mountain without ski in / ski out access.
Lot 2 had ski in / ski out access and lesser of a view.
It would be great to hear your opinion which is the better investment when it comes to location: proximity vs view.