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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

  • Kevin did a fantastic job for our home sale and purchase. He always was available to answer questions, guide us through the selling process and overcame obstacles when we ran into them during the selling process. Overall, I would recommend Kevin and Your Home Free team for your next home sale and purchase.

    Mike Charania Avatar
    Mike Charania
    9/06/2020

    We LOVE Bill Nelson! Our family and family friends have used Bill’s team for YEARS, so when it came to be our turn, naturally Bill was our #1. Emma and Casey were so helpful when it came to expanding our knowledge since it was our first time buying a house!

    alex t ludeman Avatar
    alex t ludeman
    11/23/2020

    My recent experience with Your Home Free was excellent. Customer Service is superb.

    Teresa Kennedy Avatar
    Teresa Kennedy
    10/06/2020
  • I had a great experience with the Nelson Team. I would use them again and I highly recommend this team to anyone in the DFW area. They truly work as a team; very professional.

    99txbeagles Avatar
    99txbeagles
    2/07/2020

    Bill and his team are amazing! We’ve purchased 1 home and sold 2 houses through them directly. They were very hands on/helpful throughout the entire process. Great customer service and wonderful team. A+++ would recommend to anyone

    jmordan06 Avatar
    jmordan06
    6/13/2020

    The Bill Nelson Team is fantastic. They walked us through the whole process and made it as easy as possible. Their office is extremely efficient and everything is streamlined so that you can get answers quickly and your home listed extremely fast. Due to their 3D home tour and high quality photos,...

    roxygirl05gm Avatar
    roxygirl05gm
    2/11/2020