How to analyze properties against neighborhood linkages?

[Vijay Kurhade]

As a real estate expert, when you analyze properties for neighborhood linkages or proximity analysis; how do you decide on weight-ages for various attributes.

Mainly, if we look at location based data; then majority of urban areas have essential facilities like schools,parks,shopping centers,health facilities,offices,transportation etc.. in short to mid distance radius and traveling those are not such an hassle anymore.

Also, from employment perspective, many people switch their jobs and depending on new employment benefits they have no issues traveling few miles extra to workplace.

In such an case; how do we analyze properties on neighborhood analysis; how do you decide on weight-ages for various attributes?

Is neighborhood analysis really relevant like it used to be few decades ago but not so much today?

Thanking in Advance