Home values are currently at historic lows across the nation, and the city of Austin, Texas, is no exception. If you’re in the financial position to do so, now is a great time to buy the home of your dreams. Before you rush to make an offer on a new place, however, there are many factors you should consider, and choosing your home’s location is one of the most important. Do you prefer to be downtown so you have easy access to Austin’s thriving nightlife, or would you rather live further away and have more privacy? Do you need to be close to shopping, hospitals and award-winning school districts? Do you want your community to be a certain size? These are the kind of questions you will need to answer as you conduct your real estate search. Although having a long list of desires can limit your options, it is best to have at least a general idea of where you want your future home to be and why.