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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

  • 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

    Tara Gleason is the ABSOLUTE best! Her level of expertise as a realtor is unmatched. Tara is thorough, patient, available and willing to assist her clients. We never felt alone or lost during the process as Tara was with us every step of the way. We were truly fortunate to have her as our realtor.

    Lynn McBride Avatar
    Lynn McBride
    5/13/2018

    Met and signed up with Bill Nelson and Casey Briner to get our house on the market. Super friendly, honest and knowledgeable. Casey was patient and helpful in making decisions to maximize our investment/return. House listed at 4:30 PM on a Friday, 1st showing was 3 hours later, and the house had...

    Lee AnneKirkJohnston Avatar
    Lee AnneKirkJohnston
    3/20/2020
  • Bill and his team were of the highest cut of the profession working tirelessly to get the sale and make us comfortable about everything. They went extremely above and beyond the call making us feel very comfortable they had it. They are top notch

    Joe Kleinkort Avatar
    Joe Kleinkort
    12/11/2018

    Team Nelson are there for you from start to finish. Simply the best. Honest hard working group. They have helped me twice and I plan on them helping me next time. Best experience. Ever

    Judith Gowins Avatar
    Judith Gowins
    12/11/2018

    Bill and his entire team were amazing from start to finish. Honestly, I don't know when any of them ever slept! Everyone was very personable and responsive, and they definitely knew what they were doing. Highly recommend 100%!

    Paula Fletcher Avatar
    Paula Fletcher
    8/13/2015
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