Buying in a good location always pays off. You may pay a bit more for a premium location, for example a park, nice lot, good exposure, good neighbourhood, quiet street but this will pay off when you go and sell. Last week we sold a home in a great neighbourhood, two doors away from a park on a quiet street with good exposure. We had 6 offers and it sold $300,000 over list price. This applies to condos also – buy with good exposure, good floor, good layout and good neighbourhood it will always be easy to resell. It is true what they say – location, location, location.