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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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4214 Bretton Bay Circle Dallas, TX 75287

$520,000 - 4Br/3Ba - for Sale in Bent Tree West Ph I, Dallas
New
Price $520,000
Beds 4
Baths 3
Living Area SqFt 3,264
Status Active
MLS # 14448462
Property Type Single Family
 
 

11655 Audelia Road Unit 1304 Dallas, TX 75243

$139,900 - 2Br/2Ba - for Sale in One Orleans Place Condos Ph 01 & 03, Dallas
New
Price $139,900
Beds 2
Baths 2
Living Area SqFt 983
Status Active
MLS # 14447452
Property Type Condo
 
 

1535 Iowa Avenue Dallas, TX 75216

$159,900 - 3Br/2Ba - for Sale in Trinity Heights, Dallas
New
Price $159,900
Beds 3
Baths 2
Living Area SqFt 1,080
Status Active
MLS # 14456157
Property Type Single Family
 
 

2728 Reagan Street Unit 203 Dallas, TX 75219

$179,000 - 2Br/2Ba - for Sale in Brownstone At Reagan Condo, Dallas
New
Price $179,000
Beds 2
Baths 2
Living Area SqFt 879
Status Active
MLS # 14454218
Property Type Condo
 
 

625 Oakridge Drive Wylie, TX 75098

$319,000 - 3Br/3Ba - for Sale in Woodbridge Villas, Wylie
New
Price $319,000
Beds 3
Baths 3
Living Area SqFt 1,683
Status Active
MLS # 14458191
Property Type Townhouse
 
 

5100 Verde Valley Lane Unit 177 Dallas, TX 75254

$159,900 - 1Br/2Ba - for Sale in Boardwalk On The Pkwy Condos, Dallas
New
Price $159,900
Beds 1
Baths 2
Living Area SqFt 985
Status Active
MLS # 14448861
Property Type Condo
 
 

4034 Rawlins Street Unit 202 Dallas, TX 75219

$319,900 - 2Br/3Ba - for Sale in Rawlins Park Condo, Dallas
New
Price $319,900
Beds 2
Baths 3
Living Area SqFt 1,328
Status Active
MLS # 14455471
Property Type Condo
 
 

5218 Richard Avenue Dallas, TX 75206

$560,000 - 3Br/2Ba - for Sale in Vickery Park, Dallas
New
Price $560,000
Beds 3
Baths 2
Living Area SqFt 1,648
Status Active
MLS # 14458296
Property Type Single Family
 
 

718 Parkmont Street Dallas, TX 75214

$599,900 - 4Br/4Ba - for Sale in Munger Place, Dallas
New
Price $599,900
Beds 4
Baths 4
Living Area SqFt 3,025
Status Active
MLS # 14342756
Property Type Single Family
 
 

5928 Sandhurst Lane Unit 227 Dallas, TX 75206

$255,000 - 3Br/2Ba - for Sale in The Tuscany Condos, Dallas
New
Price $255,000
Beds 3
Baths 2
Living Area SqFt 1,224
Status Active
MLS # 14448322
Property Type Condo
 
 

319 Coahuila Drive Dallas, TX 75217

$170,000 - 4Br/1Ba - for Sale in Newman Park, Dallas
New
Price $170,000
Beds 4
Baths 1
Living Area SqFt 1,164
Status Active
MLS # 14458250
Property Type Single Family
 
 

14108 Indian Wells Road Dallas, TX 75253

$230,000 - 4Br/2Ba - for Sale in Shady Oaks Estates, Dallas
New
Price $230,000
Beds 4
Baths 2
Living Area SqFt 1,624
Status Active
MLS # 14457558
Property Type Single Family
 
 

4303 Buena Vista Street Unit 103 Dallas, TX 75205

$229,987 - 1Br/1Ba - for Sale in Buena Vista Villa Condo, Dallas
New
Price $229,987
Beds 1
Baths 1
Living Area SqFt 608
Status Active
MLS # 14455208
Property Type Condo
 
 

3141 Brookhaven Club Drive Dallas, TX 75234

$415,000 - 3Br/2Ba - for Sale in Brookhaven Hills West 3rd, Dallas
New
Price $415,000
Beds 3
Baths 2
Living Area SqFt 1,697
Status Active
MLS # 14452714
Property Type Single Family
 
 

3810 Princess Lane Dallas, TX 75229

$999,999 - 5Br/5Ba - for Sale in Royal Oaks Park, Dallas
New
Price $999,999
Beds 5
Baths 5
Living Area SqFt 3,962
Status Active
MLS # 14458236
Property Type Single Family
 
 

7360 Paldao Drive Dallas, TX 75240

$915,000 - 5Br/5Ba - for Sale in Northwood Hills Add Sec 02, Dallas
Open House
New
Price $915,000
Beds 5
Baths 5
Living Area SqFt 4,386
Status Active
MLS # 14456021
Property Type Single Family
 
 

221 Lakeridge Drive Dallas, TX 75218

$550,000 - 3Br/2Ba - for Sale in Lake Highlands Estates 8, Dallas
Open House
New
Price $550,000
Beds 3
Baths 2
Living Area SqFt 2,065
Status Active
MLS # 14448047
Property Type Single Family
 
 

14757 Celestial Place Addison, TX 75254

$849,880 - 3Br/3Ba - for Sale in Celestial Place, Addison
Open House
New
Price $849,880
Beds 3
Baths 3
Living Area SqFt 3,206
Status Active
MLS # 14450869
Property Type Single Family
 
 

734 Edd Road Dallas, TX 75253

$254,900 - 4Br/2Ba - for Sale in Camden Homes, Dallas
New
Price $254,900
Beds 4
Baths 2
Living Area SqFt 1,786
Status Active
MLS # 14457725
Property Type Single Family
 
 

4015 Renee Drive Dallas, TX 75227

$248,999 - 4Br/3Ba - for Sale in Prairie Creek, Dallas
New
Price $248,999
Beds 4
Baths 3
Living Area SqFt 1,882
Status Active
MLS # 14457693
Property Type Single Family
 
 

5706 Martinez Trail Dallas, TX 75212

$255,000 - 4Br/3Ba - for Sale in Joe Irwin 6a, Dallas
New
Price $255,000
Beds 4
Baths 3
Living Area SqFt 1,501
Status Active
MLS # 14457257
Property Type Single Family
 
 

6454 Cinnamon Oaks Drive Dallas, TX 75241

$149,900 - 3Br/1Ba - for Sale in Highland Hills West, Dallas
New
Price $149,900
Beds 3
Baths 1
Living Area SqFt 963
Status Active
MLS # 14457352
Property Type Single Family
 
 

4062 Renee Drive Dallas, TX 75227

$234,999 - 3Br/2Ba - for Sale in Prairie Creek, Dallas
New
Price $234,999
Beds 3
Baths 2
Living Area SqFt 1,481
Status Active
MLS # 14457682
Property Type Single Family
 
 

15755 Regal Hill Circle Dallas, TX 75248

$325,000 - 4Br/3Ba - for Sale in Prestonwood, Dallas
New
Price $325,000
Beds 4
Baths 3
Living Area SqFt 1,975
Status Active
MLS # 14457559
Property Type Single Family
 
 

3429 El Benito Drive Dallas, TX 75212

$220,000 - 3Br/2Ba - for Sale in Wheeler & Reuss Eagle Ford, Dallas
New
Price $220,000
Beds 3
Baths 2
Living Area SqFt 1,200
Status Active
MLS # 14457404
Property Type Single Family
 
 

6847 Ravendale Lane Dallas, TX 75214

$464,900 - 2Br/2Ba - for Sale in Caruth Terrace, Dallas
New
Price $464,900
Beds 2
Baths 2
Living Area SqFt 1,452
Status Active
MLS # 14456687
Property Type Single Family
 
 

10324 Oak Branch Lane Dallas, TX 75227

$157,350 - 2Br/2Ba - for Sale in Hillside Oaks Ph 03, Dallas
New
Price $157,350
Beds 2
Baths 2
Living Area SqFt 1,143
Status Active
MLS # 14444476
Property Type Single Family
 
 

What People Are Saying

  • Every single person we dealt with from Your Home Free was fantastic. They were with us every step of the way. I would recommend them over anyone else. They are the perfect example of how a company should be run. Juat fantastic.

    Jonathan Goss Avatar
    Jonathan Goss
    3/11/2019

    Bill and his team are GREAT! Very knowledgeable and helpful during the entire process! I will definitely use them again!

    Holly Hileman Avatar
    Holly Hileman
    11/27/2019

    Bill Nelson and Team Nelson were absolutely amazing to work with! Bill came highly recommended from our lender as well as a personal friend, who used to be a Realtor. From our first conversation on the phone, I felt that Bill was definitely the right Realtor for us. He was very personable and...

    jared78 Avatar
    jared78
    8/04/2015
  • Great experience; Bill and his team were:
    attentive to detail
    very responsive
    easy to work with
    seamless in their approach
    I would recommend Bill and his team to friends and family. I would also most definitely utilize Bill and his services in the future. A+ to Bill and company!

    mb3897 Avatar
    mb3897
    10/26/2016

    Overall pretty good, knowledge and response pretty quick. listing strategy need to improve little bit. and wish really help me thru the all the buying process.. I bought with builder but had some issue, hope he also involve more part to it, especially the CLOSING process.

    wangyix4 Avatar
    wangyix4
    6/16/2020

    Kevin was great. He was always available for us, and walked us through every step. We haven't moved in 25 years, thanks to his help he made the process so easy.

    mikezap40 Avatar
    mikezap40
    4/10/2017
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