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Choosing a Home – How to Buy a House

Buying a Home

How to Choose a Home

Here are some tips to help determine which house is best for you as well as how to buy a house.

Once you’ve settled on a couple of preferred neighborhoods for your home search, it’s time to pick out a few homes to view. Having a house features “wish list” keeps you focused on which features are most important to you.

When narrowing down Dallas houses for sale, consider the following:

  • know what types of home you want to buy
  • determine what age and condition of the house you want to buy
  • consider resale potential
  • use a features wish list to keep focused
  • use a home search comparison chart to keep organized
  • act decisively when you find the right home

Determine What Type of Home You Want to Buy

There are several forms of home ownership: single-family homes, multiple-family homes, condominiums and co-ops.

Single-family homes: One home per lot.

Multiple-family homes: Some buyers, particularly first-timers, start with multiple-family dwellings, so they’ll have rental income to help with their costs. Many mortgage plans, including VA and FHA loans, can be used for buildings with up to four units, if the buyer intends to occupy one of them.

Condominiums: With a condo, you own “from the plaster in.” You also own a certain percentage of the “common elements” – staircases, sidewalks, roofs, etc. Monthly charges pay your share of taxes and insurance on those elements, as well as repairs and maintenance. A homeowner’s association administers the development.

Co-ops: In some cities, cooperative apartments are common. With co-ops, you purchase shares in a corporation that owns the whole building, and you receive a lease to your own unit. A board of directors, comprised of owners and elected by owners, supervises the building management. Monthly charges include your share of an overall mortgage on the building.

Decide What Age and Condition of Home You Want to Purchase

Weigh your needs, budget and personal tastes in deciding whether you want to buy a newly constructed home, an older home or a “fixer-upper” that requires some work.

Consider Resale Potential

As you look at homes, you may want to keep in mind these resale considerations.

  • One-bedroom condos are more difficult to resell than two-bedroom condos.
  • Two-bedroom/one-bath single houses generally have less appeal than houses with three or more bedrooms, and therefore have less appreciation potential.
  • Homes with “curb appeal,” i.e., well-maintained, attractive and with a charming appearance from the street, are the easiest to resell.
  • The most expensive houses on the street, or ones with anything unusual or unique are not suited for resale. The best investment potential is traditionally found in a less expensive, more moderately sized home.

Use a Features Wish List to Keep Your Search Focused

Make a features wish list to clarify which features are most and least important to you when looking for a home. Using this features wish list will keep your house hunt focused and effective.

Use a Home Comparison Chart to Keep Your Observations Organized

While house hunting, it’s a good idea to make notes about what you see because viewing several houses at a time can be confusing. Use a home comparison chart to help you keep track of your search, organize your thoughts and record your impressions.

Act Decisively When You Find the Right Home

Before you begin the home buying process, resolve to act promptly when you do find the right house. Every REALTOR® has stories to tell about a couple who looked far and wide for their dream home, finally found it, and then said, “We always promised my Dad we’d sleep on it, so we’ll make an offer tomorrow.” Many times the story had a sad ending – someone else came in that evening with an offer that was accepted.

Resolve that you will act decisively when you find the house that’s clearly right for you. This is particularly important after a long search or if the house is newly listed and/or under-priced. For more guidance on how to buy a house, talk to a member of Team Nelson today!

Dallas Houses for Sale

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11595 Ricks Circle Dallas, TX 75230

$2,995,000 - 5Br/8Ba - for Sale in Hillcrest Estates, Dallas
New
Price $2,995,000
Beds 5
Baths 8
Living Area SqFt 8,783
Status Active
MLS # 14412711
Property Type Single Family
 
 

202 Edgefield Avenue Dallas, TX 75208

$540,000 - 4Br/3Ba - for Sale in Winnetka Heights, Dallas
New
Price $540,000
Beds 4
Baths 3
Living Area SqFt 2,384
Status Active
MLS # 14412940
Property Type Single Family
 
 

8412 Birchleaf Court Dallas, TX 75249

$245,000 - 3Br/3Ba - for Sale in Fox Hollow, Dallas
New
Price $245,000
Beds 3
Baths 3
Living Area SqFt 2,277
Status Active
MLS # 14398026
Property Type Single Family
 
 

13230 Carthage Lane Dallas, TX 75243

$259,000 - 3Br/2Ba - for Sale in Richland Corners Rep, Dallas
New
Price $259,000
Beds 3
Baths 2
Living Area SqFt 1,720
Status Active
MLS # 14403162
Property Type Single Family
 
 

1309 Grant Street Dallas, TX 75203

$195,000 - 4Br/3Ba - for Sale in Edgemont 04, Dallas
New
Price $195,000
Beds 4
Baths 3
Living Area SqFt 1,375
Status Active
MLS # 14403648
Property Type Single Family
 
 

6901 Northwood Road Dallas, TX 75225

$650,000 - 4Br/5Ba - for Sale in Windsor Place, Dallas
New
Price $650,000
Beds 4
Baths 5
Living Area SqFt 4,141
Status Active
MLS # 14405923
Property Type Single Family
 
 

2960 Sundial Drive Dallas, TX 75229

$260,000 - 3Br/2Ba - for Sale in Royalhaven, Dallas
New
Price $260,000
Beds 3
Baths 2
Living Area SqFt 1,488
Status Active
MLS # 14406027
Property Type Single Family
 
 

3262 High Brook Drive Dallas, TX 75234

$320,000 - 4Br/2Ba - for Sale in Highland Meadows, Dallas
New
Price $320,000
Beds 4
Baths 2
Living Area SqFt 1,810
Status Active
MLS # 14406343
Property Type Single Family
 
 

5419 Monticello Avenue Dallas, TX 75206

$669,000 - 3Br/2Ba - for Sale in Greenland Hills 60ft Sec Rev, Dallas
New
Price $669,000
Beds 3
Baths 2
Living Area SqFt 2,273
Status Active
MLS # 14406764
Property Type Single Family
 
 

9614 Arborhill Drive Dallas, TX 75243

$424,990 - 3Br/3Ba - for Sale in Forest Meadows, Dallas
New
Price $424,990
Beds 3
Baths 3
Living Area SqFt 2,720
Status Active
MLS # 14406932
Property Type Single Family
 
 

1200 Main Street Unit 2604 Dallas, TX 75202

$411,900 - 2Br/2Ba - for Sale in Metropolitan 1200 Main Street, Dallas
New
Price $411,900
Beds 2
Baths 2
Living Area SqFt 1,169
Status Active
MLS # 14407047
Property Type Condo
 
 

2612 Oak Bend Lane Dallas, TX 75227

$169,900 - 4Br/2Ba - for Sale in Hillside Oaks Ph 04, Dallas
New
Price $169,900
Beds 4
Baths 2
Living Area SqFt 1,310
Status Active
MLS # 14408585
Property Type Single Family
 
 

5217 Caladium Drive Dallas, TX 75229

$525,000 - 3Br/4Ba - for Sale in Inwood Road Estates, Dallas
New
Price $525,000
Beds 3
Baths 4
Living Area SqFt 2,462
Status Active
MLS # 14408640
Property Type Single Family
 
 

4214 Manning Lane Dallas, TX 75220

$3,195,000 - 5Br/7Ba - for Sale in Manchester Downs, Dallas
New
Price $3,195,000
Beds 5
Baths 7
Living Area SqFt 7,228
Status Active
MLS # 14408661
Property Type Single Family
 
 

4111 Cole Avenue Unit 33 Dallas, TX 75204

$185,000 - 1Br/1Ba - for Sale in 4111 Cole Condos, Dallas
New
Price $185,000
Beds 1
Baths 1
Living Area SqFt 642
Status Active
MLS # 14408682
Property Type Condo
 
 

13811 Creekside Place Dallas, TX 75240

$759,000 - 3Br/4Ba - for Sale in Creekside Place Add, Dallas
New
Price $759,000
Beds 3
Baths 4
Living Area SqFt 3,418
Status Active
MLS # 14409089
Property Type Single Family
 
 

10719 Dixon Branch Drive Dallas, TX 75218

$545,000 - 3Br/4Ba - for Sale in Enclave Wyrick Estates, Dallas
New
Price $545,000
Beds 3
Baths 4
Living Area SqFt 3,383
Status Active
MLS # 14409488
Property Type Single Family
 
 

4944 Amesbury Drive Unit 204 Dallas, TX 75206

$189,500 - 2Br/2Ba - for Sale in Danbury Condo, Dallas
New
Price $189,500
Beds 2
Baths 2
Living Area SqFt 1,136
Status Active
MLS # 14409907
Property Type Condo
 
 

3305 Northwest Parkway University Park, TX 75225

$1,150,000 - 3Br/1Ba - for Sale in University Heights 08, University Park
New
Price $1,150,000
Beds 3
Baths 1
Living Area SqFt 1,353
Status Active
MLS # 14410695
Property Type Single Family
 
 

10204 Faircrest Drive Dallas, TX 75238

$525,000 - 5Br/4Ba - for Sale in Lake Highland North, Dallas
New
Price $525,000
Beds 5
Baths 4
Living Area SqFt 3,157
Status Active
MLS # 14410699
Property Type Single Family
 
 

3563 Woodleigh Court Dallas, TX 75229

$380,000 - 3Br/2Ba - for Sale in Timberbrook 02, Dallas
New
Price $380,000
Beds 3
Baths 2
Living Area SqFt 1,746
Status Active
MLS # 14410726
Property Type Single Family
 
 

5207 Mission Avenue Dallas, TX 75206

$520,000 - 3Br/2Ba - for Sale in Cochran Heights, Dallas
New
Price $520,000
Beds 3
Baths 2
Living Area SqFt 1,547
Status Active
MLS # 14410873
Property Type Single Family
 
 

3407 Binkley Avenue Unit B University Park, TX 75205

$335,000 - 2Br/3Ba - for Sale in Remington At Smu Condos, University Park
New
Price $335,000
Beds 2
Baths 3
Living Area SqFt 1,053
Status Active
MLS # 14410916
Property Type Condo
 
 

3516 Delford Circle Dallas, TX 75228

$195,000 - 6Br/3Ba - for Sale in St Andrews 06, Dallas
New
Price $195,000
Beds 6
Baths 3
Living Area SqFt 2,626
Status Active
MLS # 14411014
Property Type Single Family
 
 

5635 Everglade Road Dallas, TX 75227

$324,900 - 3Br/2Ba - for Sale in Buckner Terrace, Dallas
New
Price $324,900
Beds 3
Baths 2
Living Area SqFt 1,962
Status Active
MLS # 14411410
Property Type Single Family
 
 

5300 Keller Springs Road Unit 2062 Dallas, TX 75248

$169,500 - 2Br/2Ba - for Sale in Prestonwood Green Condos, Dallas
New
Price $169,500
Beds 2
Baths 2
Living Area SqFt 1,189
Status Active
MLS # 14411480
Property Type Condo
 
 

4312 Mckinney Avenue Unit 5 Dallas, TX 75205

$447,500 - 2Br/3Ba - for Sale in Brighton Lofts South Condo, Dallas
New
Price $447,500
Beds 2
Baths 3
Living Area SqFt 2,187
Status Active
MLS # 14411503
Property Type Condo
 
 

What People Are Saying

  • 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

    Excellent experience with Casey and her team! I would definitely recommend! From the assistance in picking the best area for my first home to helping me understand the entire process, I felt taken care of and trusted I made the best decision possible.

    jtownsend1981 Avatar
    jtownsend1981
    3/31/2017

    Team Nelson will answer all your questions and do so quickly. They ensure that you understand what the process is and what part of the process you are going through. They do so with a great attitude and make you feel like part of the team.

    larsocoved1 Avatar
    larsocoved1
    1/05/2017
  • Team Nelson has its pulse on the market and seems to know available homes before they even list. They listened tentatively to my needs and desires and kept me knowledgeable of the market and good values. This also generates more buyers for your home.

    Ray David Avatar
    Ray David
    12/11/2018

    Bill and his team were great from day 1. They were extremely knowledgeable and very professional. Great experience and best of all he saved us over $22,000!!

    kprichard9 Avatar
    kprichard9
    2/22/2018

    Bill and his team are awesome! The entire team is incredibly knowledgeable and went above and beyond in every aspect to ensure that our experience was as smooth as possible. Being first-time homebuyers, we had a ton of questions and Team Nelson worked with us in every aspect to make sure we...

    Brittany Margherio Avatar
    Brittany Margherio
    4/07/2016
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