Advice on where to buy (Southlake, Riverside: new home, established neighborhood, good schools)

[lascolinas_river]

If you could afford 550k (130/sft), would you buy an older home in Southlake or and buy a new home in Las Colinas (La Vilita Elementary) for 450k (140-145/sft)? My concern is the per square foot price...

Work for us is either in Las Colinas on MacArthur or travel - so we need to be close to the airport. We looked in Las Colinas and found new communities in 450k range (Riverside - Highland, Escena - Weekley & Lakes - Darling) but they all seem to be 140-150/sft or more (only 3000-3200 sqft homes). Southlake on the other hand offers a lot more home for the money and is 120-130/sft for 500-550k for older (95-2005) but updated homes (granite ctps, good floors and maybe even a pool). The lots in Southlake are way bigger and better - and though it is 50-100k more for an older home, it seems to offer better schools, better lots and a better resale (?).

We hope to stay long but if we have to move jobs, we want to have the option of reselling quickly. What would you do?

[CREW747]

Southlake 100 percent...houses sell quickly and the school system drives home prices. Southlake is one of the safest places to invest your money.

[TurtleCreek80]

Southlake - better schools K-12.

[Falafelosophy]

South lake for sure. Good schools and established neighborhood means better living and better resale.

[theplanoman]

Absolutely Southlake! Great area.