|
10-08-2009, 09:58 AM
|
|
Member
|
|
Join Date: Oct 2009
48 posts, read 12,699 times
Reputation: 19
|
|
Where are the other new developments in Collin or (north) Dallas counties?
I've been posting to another thread about Provence at Firewheel, which is $300's and up. Are there other developments at that price point that appear to be developing well and holding value? Also, if we decide to give ourselves even more margin, what are some new developments in the $200-250K range we should consider? Ideally, we'd like to be within a few minutes of major roads, e.g. GBT, 75, etc.
|
|
10-08-2009, 10:09 AM
|
|
Real Housewife of Dallas
|
|
Join Date: Jun 2006
Location: The Big D
11,462 posts, read 11,476,387 times
Reputation: 3321
|
|
|
You can always go further out but that is going to put you further from the major highways. The problem is the areas that are further out are the ones that are seeing the lull in the housing market and not holding value. They have been over built and are just too far from the majority of jobs. They also tend to be more transient. Your neighbors will constantly be changing as the newer burbs further out that are building non-stop, or WERE building non-stop were the target of many relocatees that move and only stay for 2-5 years before moving to another city and state.
The good point about the area you are looking at in Garland is that most people tend to stay. There are not that many homes on the market when you compare other areas of the same age, demographics, price point, etc. The majority of your neighbors will have moved to that house in order to "upsize" and may have only moved a few blocks. Then they move to stay put. This is what also helps keep the market in this area so stable. The lack of housing available at any given time that will fit a particular buyers criteria. Of course the good schools, convienence of the nearby shopping and highways, etc. help as well.
|
|
10-08-2009, 10:59 AM
|
|
Member
|
|
Join Date: Oct 2009
48 posts, read 12,699 times
Reputation: 19
|
|
|
Hmm. Good points, momof2. I hadn't thought of those areas as being more transient. You may have shared this somewhere on this forum already, but what are your thoughts on Collins Estates and Woodbridge? It seems there are some lots still available closer to the treelined, golf club side in Woodbridge, but there also seems to be a fair share of homes on the market there...
|
|
10-08-2009, 11:03 AM
|
|
Senior Member
|
|
Join Date: Apr 2007
951 posts, read 833,209 times
Reputation: 1038
|
|
|
|
|
10-10-2009, 12:24 PM
|
|
Member
|
|
Join Date: Oct 2009
48 posts, read 12,699 times
Reputation: 19
|
|
Quote:
Originally Posted by TriumphOfTheSprint
|
Thanks! This looks like a lovely community. We are hoping to stay farther east, closer to 75... May do some exploring this afternoon... |
Please register to post and access all features of our very popular forum. It is free and quick.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
|
|
Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 700,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads. 
Linear Mode
