Moving to Texas: 5 Facts You Should Know About Buying a Dallas Home

Everything is bigger in Texas, including the Dallas real estate market. Part of the most extensive metro area in the Lone Star State, Dallas is a homebuyer’s dream that boasts gorgeous homes at great prices. Like Texas, the neighborhoods exude southern charm and friendliness, and residents enjoy stunning homes on large expanses of land set amidst all the modern conveniences you can imagine. Here is a much-needed guide if you are considering buying a house here, especially for the first time.

Homes in Dallas Are Relatively Cheap

When you hire Dallas TX real estate experts Piper + Mooty Real Estate Group, you access exclusive Dallas listings that prove one exciting thing – homes in Dallas are relatively cheap. Dallas has a notably lower cost of living than other major metro areas, including 20 percent lower than Chicago and 32 percent lower than Los Angeles. This could be why the area is the headquarters of over 20 Fortune 500s. Moreover, the median home price is $350,000, making it a great starting point for first-time homebuyers. It can be as high as $457,000 to the west but as low as $250,000 in the east and south.

More Than the Listing Price Is Involved

Buying a home in Dallas involves more than the price tag that comes with the home you want. You should consider property tax, which is a tad high in Texas, and get an idea of what you must pay every year. Ask the seller to show you some of their bills from the past several years to get an estimate. Moreover, you need to consider closing costs, which in Texas are typically about 1.5 percent of the purchase price. Also, ask your agent about the title of the insurance policy. 

Multiple Neighborhoods for Different Tastes

Whether you want a hip neighborhood with young residents or a family-friendly location with great schools and walkable streets, Dallas has what you need. Uptown and Deep Ellum are places to go when looking for a modern condo in a vibrant neighborhood with rich nightlife. Coppell, Plano, and Richardson feature large homes with enough space to raise a family. And if you are looking for luxury homes in Dallas, look no further than Highland Park.

The Commute Needs Some Planning

Dallas is a large city that extends over acres and acres of space. So, while modern and well-connected, it could be more walkable. This means you must plan your commute, especially if you must go to town for work every day. Don’t rely on convenient means like walking or cycling because you might need to make the 27-mile commute from Colleyville to Downtown Dallas. Instead, plan to use public means like the Dallas Area Rapid Transit (DART), which boasts over 65 stations.

Explore Dallas Homes for Sale with Jerry Mooty

There is a lot to love about living in Dallas. Whether you are looking for a real estate investment or your first home, homes for sale in Dallas are an excellent investment for newcomer homebuyers, and these tips can help you navigate the market. However, your first and most crucial step should be to hire a real estate expert like Jerry Mooty to guide you. Call Jerry today to discuss what you need in a Dallas home.