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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

  • I recently had the pleasure of working with Team Nelson when looking for my home. From day 1, they was extremely responsive and had great suggestions for homes to view based on what I was looking for. All throughout the negotiations and closing they were there quickly handling any issues that may have risen. They went well above and beyond for me. If the time ever comes when I will be looking for a new home, there isn't any question on who my Realtor will be! Thank you Team Nelson.

    Doug Iarussi Avatar
    Doug Iarussi
    4/06/2020

    Tara did a fantastic job in both the search for a new home and selling our previously owned house. She did a great job narrowing the search for new homes to sharpen our focus.
    In terms of our house we sold, Tara was proactive and a strong and ethical negotiator on our behalf.
    If you are looking to buy or sell a home in the Flower Mound / Argyle area, I highly recommend Tara!

    yankee3423 Avatar
    yankee3423
    7/01/2020

    Top notch team, Tara was fantastic in helping me find my new home. I definitely recommend !

    Princess Granik Avatar
    Princess Granik
    9/11/2019
  • I had a great experience with Bill, Casey, Kelly and the rest of the team. Would highly recommend them!

    GLEN SMITH Avatar
    GLEN SMITH
    9/11/2019

    We used Team Nelson to help sell our home while we were in the process of building a new home. Bill and Casey came out and gave us an up front honest assessment of the value of our old home that was in line with what we thought. The entire experience after that was very smooth and they were able to sell our home rather quickly in early April. They even provided us with a very knowledgeable inspector for our new build as well. Would definitely recommend Team Nelson!

    zuser20190727104817702 Avatar
    zuser20190727104817702
    8/10/2020

    My Mother recently passed away , and her house would need to be sold, in a referral by my son that also is in the real estate business he recommended Bill Nelson and his team, from the moment my brother and I met Bill and Casey, I knew we had made the right decision, they were extremely...

    hawgdaddy42 Avatar
    hawgdaddy42
    3/03/2020
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