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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

  • Tara sold my house before it even officially hit the market and for well over asking! She is very knowledgeable and happily answers all questions (even the hundreds of first time home buyer questions I had for her)! I would recommend Tara to anyone looking for a first class buying/selling...

    chasing carlie Avatar
    chasing carlie
    7/23/2018

    Bill was always very straight forward to work with and he always did exactly what he said he would which isn't always the case for those in the home industry. He also went above and beyond to make sure we were happy ... If we ever look to sell or buy in the Dallas area we would work with Bill again for sure! Very trustworthy!

    George Mrvos Avatar
    George Mrvos
    12/11/2018

    Tara, Kelly and everyone else at Team Nelson is outstanding to work with! They communicated with us every step of the way and made the entire process stress free!

    Dan Leja Avatar
    Dan Leja
    8/11/2019
  • Bill's team definitely specializes in professionalism and punctuality! They were responsive to my questions throughout the processes and made sure that I received the best offer on my home. They know the market well and were by my side during the entire process. I would recommend Team Nelson to anyone looking to sell a home.

    Melissa Long Avatar
    Melissa Long
    12/11/2018

    The Nelson Team was GREAT !!!! They sold our house in less than 24 hours. The first offer did not work as the buyer chose a different house but the second offer was even better. It saved us over $2000. We are loving our new house.

    user1375608 Avatar
    user1375608
    6/11/2015

    Tara was absolutely amazing! She was such an incredible help throughout or entire home buying process. She always made us feel like her top priority, which is a great peace-of-mind while trying to purchase a home. She fought for us on different issues with taxes during the closing process and I am...

    user2267498 Avatar
    user2267498
    8/19/2018
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