Whether you are purchasing your dream home or as an investment, you need to consider the area you are purchasing in. The first step is to do some research on the area you have in mind. You will look at factors such as property prices in the area, how much selling/buying activity is in the area, what about the area adds value to property etc. You can conduct your research through browsing the internet or you could find a reputable Real Estate Agent to guide you through the process.