Remember that you buy a home for it's feeling to you as a home.Which neighborhood would you and your family be most happy in? Because pricing should be considered in relation to the local neighborhood and not compared to homes in other neighborhoods (for the most part) when considering a home for it's resale value and the one you are thinking of is in an older area check to see if it is at the upper end of values for that neighborhood. If so, then it may not be the best choice.If it is similar or lower in price to the others, this is better. Consider also, is it located in an area in decline, or are others going to be fixing things up, too, so that it is a neighborhood that is improving? If so, it may be a very good deal as long as you don't overpay.