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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

  • We were extremely pleased with Team Nelson! They were engaged and professional, and their communication was top notch throughout the entire selling and buying process. Through their efforts, we were able to sell and buy our houses quickly! I would highly recommend them. Thank you Team Nelson!

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    zuser20180721070356734
    10/19/2018

    It’s so easy to sell your home. The team is professional and the technology (3-D Home photos) is very helpful with showing your home.Plus... They sold my home in 3-Days!

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    Randy Sonck
    6/11/2019

    This team did an amazing job helping my family move from Atlanta to Flower Mound, TX. I normally do not write reviews but Team Nelson of Your Home Free made our daunting process extremely smooth. Thank you Bill!

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    Training Education
    12/11/2016
  • Team Nelson was outstanding. They walked us through the entire process. I am a person who likes to ask a lot of questions. They were always there for us, ready to answer. They made the entire process as stress-free as possible. They were always professional, and a pleasure to work with. We will be...

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    timindallas
    9/07/2018

    Bill Nelson and his team were excellent and a pleasure to work with! They are very knowledgeable and responsive to all of my concerns and needs! I highly recommend them!

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    hollyehileman
    11/23/2019

    Bill Nelson and his team did an excellent job in selling my home. Very professional and honest people. Their communication during the entire process was very prompt and my questions were answered right away. They also provided guidance during the entire process. Very highly recommended.

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    sameerkango
    10/31/2016
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