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Dallas Real Estate – Choose A Neighborhood

Buying a Home

How to Choose a Neighborhood for Your Home Search

Narrow your home search by identifying neighborhoods that are right for you. This helps keep your search focused and efficient. Your local REALTOR® can offer neighborhood information to guide you in your search for the perfect Dallas real estate.

When evaluating a neighborhood you should investigate local conditions. Depending on your own particular needs and tastes, some of the following factors may be more important considerations than others:

  • quality of schools
  • property values
  • traffic
  • crime rate
  • future construction
  • proximity to schools, employment, hospitals, shops, public transportation, prisons, freeways, airports, beaches, parks, stadiums and cultural centers such as museums and theaters

Neighborhood Search Strategies for Limited Budgets

If you’re a first time-buyer with limited financial resources, it’s wise to buy a home that meets your primary needs in the best neighborhood that fits within your price range. You can maximize your home purchase location by incorporating some of the following strategies into your neighborhood search:

  • Upcoming neighborhoods: Look for communities that are likely to become “hot neighborhoods” in the coming years. They can often be discovered on the periphery of the most continuously desirable areas. Check for planned future development such as additional transit; new community services such as pools and theatres; and chain stores planning to move in.
    Look for a home in a good neighborhood that is a bit farther out of the city. If commuting is a concern, purchase a home that is close to public transportation.
  • Neighborhood demand: Look at the neighborhood demand by asking your real estate agent whether multiple offers are being made, whether the gap between the list price and sale price is decreasing and whether there is active community involvement. You can also drive around neighborhoods and see how many "sale pending" and "sold" signs there are in a particular area.
  • Co-ownership: Look into purchasing a condominium or co-op, rather than a house, in a desirable neighborhood. This way you still may be able to purchase in a prime area that you otherwise could not afford.

What People Are Saying

  • Your Home Free LLC, - Team Nelson, is just a great group to work with! This is the 3rd home we have listed and sold with them. If we ever decide to sell our current home we will use them again! The incentive to buy your home through them and they sell yours for free, saves you thousands of...

    dzbates Avatar
    dzbates
    9/24/2018

    The entire experience with the Nelson Team was seamless! They got us top dollar for our home while saving us money! What is not to love? We were incredibly impressed and we WILL be working with them in the future!

    ericaeamiguel1234 Avatar
    ericaeamiguel1234
    12/11/2018

    I would highly recommend Bill and his entire team. We have sold many homes in different states and it is usually a very stressful experience. But not this time, Bill and his team were very professional and handled everything from start to finish with the utmost speed and accuracy, leaving us with...

    Karen and Richard Schultz Avatar
    Karen and Richard Schultz
    5/22/2015
  • Top notch team, Tara was fantastic in helping me find my new home. I definitely recommend !

    Princess Granik Avatar
    Princess Granik
    9/11/2019

    Bill Nelson and his team at Your Home Free are professional, honest, provide great marketing skills and keep there clients updated on all activities. Team Nelson works with there clients through closing, providing instructions as to what will be required and expected at the title company as the...

    lindakalmbach3 Avatar
    lindakalmbach3
    3/24/2016

    We had a great experience with Team Nelson We received a full price offer and couldn’t be happier with the handling of the sell!

    gary pry Avatar
    gary pry
    12/11/2018
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