A good location can mean a lot of different things. Maybe a house is near public transportation, or water or downtown. In the case of this house in Summit, its location made it sell for 50% above asking price. But not for any of those reasons. “It’s a split-level on a busy road,” said Natalya Price of Compass, the listing agent. The price was bid up by buyers who were relocating from out of state and determined to live near family so their children could go to school with their cousins, she said. “It was the only town they were considering,” Price said. “They wanted to be close to family.” Inv…