If you plan on buying property in Dallas, Texas, you would be glad to know that the status of real estate in the area is as robust as it can be. What this means is that you will find all kinds of properties and there is a property for every taste and budge. The question is, would you dare yourself to buy?
The average price of housing in that part of the country is over $700,000. if you think it’s expensive, it is. But thank God this is just the average price. If you take a look at the listings of the different websites, you will see that there are different price points.
The cheapest property we found cost less than $100,000. But this was a rather old house that may or may not need extensive repairs.
Newly-built decent construction costs $300,000 to $400,000.
When it comes to actually buying property, the price should not be the only factor you consider. There are other factors, all intangibles, that should come into play in making a decision on which property to buy.
Perhaps the most important of these intangibles is the neighborhood. If you are moving to Dallas with your family, you will want to live in an area that is safe and isn’t so far from where the supermarkets and everything else is.
That said, as you are looking at the different listings, make sure that you do research on the location and find out if you really want to live in the area.
Real estate is all about location, location, location. It should not come as a surprise if, aside from the price, it should be the main thing you need to consider when it comes to buying property.