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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

  • My wife and I could not have been more impressed with Johnny's dedication and responsiveness to working our way through 75 listings of homes. He was there when needed and asked. His motivation and effort put forth was outstanding! Lloyd and Mary

    mickey1954 mm Avatar
    mickey1954 mm
    11/06/2019

    Awesome team to work with.

    RA Mart Avatar
    RA Mart
    1/06/2020

    The best experience.Hassle free and seamless process.Team Nelson led the entire process, listened to our needs and delivered above our expectations.Great Job!

    john eichberger Avatar
    john eichberger
    11/06/2020
  • I have been beyond happy with Emma's help through this entire journey. My home buying experience is beyond a 'process' and that's why I refer to 'the journey'. We began working together one year ago - I had a somewhat trying experience when offering on a home but Emma was resourceful, patient,...

    kwagner az Avatar
    kwagner az
    12/23/2019

    My main praise for Your Home Free is that they know the Flower Mound market and were able to get our house sold when an out of town realtor could not. They were also patient to help us find our new home when the market was pretty crazy.

    Brett Steward Avatar
    Brett Steward
    9/06/2020

    Kevin was exceptional to work with. Selling a house is not an easy process, however, Kevin made it hassle-free. Our buyer was difficult to work with but Kevin was really helpful and dealt with them for us, making our transaction worry-free. Along with the assistance in selling the house, Kevin went...

    Mohammed Mamdani Avatar
    Mohammed Mamdani
    12/15/2019
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