Moving From XNA to Dallas Area (Plano, Richardson: homes, neighborhood, buy)

[Threestep2]

Originally Posted by XNA-DFW

Not in 4 years, We will be there in Dallas by next year May or June

See post #1 - not concerned about schools for next 4 years.
Take a couple of days and spend time in Dallas Drive potential commutes during anticipated commute hours. Look at a good road map. Pull up local TV stations traffic tracker. Five miles on a map can turn into 45 minutes and more.
Adjust your budget or your expectations or both. Are you calculation taxes/insurance/utilities in your budget?

[WorldKlas]

Check out Midlothian. Not an outrageous drive to Downtown, new construction available, lovely neighborhoods.

[CMC_TX]

Search Castle Hills / The Colony area and get a 5-10 year old house, not brand new.

[ilovepizza1975]

Originally Posted by callmebutter

just my opinion here - I would say 20+ years or 8 or less years if I had to ballpark it. I'm sure there are caveats to that but you want to have the house be new enough to avoid major problems like HVAC, water heaters, plumbing leaks, foundation issues, or old enough that a lot of those things have been repaired/replaced.

every home has maintenance needs but you don't want to drop 15k on HVAC your first year.

For older homes in North Texas you need to check the foundation history and energy efficiency.

I went from a 2200 sq ft house in Plano built in 1978 to a 3000 sq ft house in prosper built in 2018 and the energy savings were significant. The bare bones were fantastic and it was built strong but original windows, 20 year old A/C, shingle roof over a cedar shake roof all contributed to poor energy efficiency. my electricity bill last month was $100, would have been double or triple in my old house.

You know that windows, AC, and roofs can all be replaced right?

Originally Posted by CMC_TX

Search Castle Hills / The Colony area and get a 5-10 year old house, not brand new.

OP's wife is commuting downtown.

[ChristieP]

Originally Posted by ilovepizza1975

You know that windows, AC, and roofs can all be replaced right?

All three are very expensive repairs. The A/C can easily set you back $10,000, and the roof will likely be closer to $20,000. Windows will depend on your house so that cost varies. You could easily spend $40,000 on those repairs alone. Most people don't pay to have a roof replaced unless it's been damaged by wind/hail. In that poster's case, they will have to have the old cedar roof ripped off, and all of the decking replaced, which will be an expensive repair.

[ilovepizza1975]

Originally Posted by ChristieP

All three are very expensive repairs. The A/C can easily set you back $10,000, and the roof will likely be closer to $20,000. Windows will depend on your house so that cost varies. You could easily spend $40,000 on those repairs alone. Most people don't pay to have a roof replaced unless it's been damaged by wind/hail. In that poster's case, they will have to have the old cedar roof ripped off, and all of the decking replaced, which will be an expensive repair.

Thanks; I'm aware of how much these cost, I've done 2/3 of them on my own properties. One of those I've done twice.

In every case it was easier than moving.

[XNA-DFW]

we are scared to get an old house and spend money on repairs or remodeling. Also we got few friends near Plano, and McKinney which made us think to stay something towards north side of the city. We have been visiting Dallas for the last 6 months and we have visited Little Elm, Prosper, celina, Mckinney, Frisco, Plano, Wylie and we have decided either to go with Highland homes or American Legend homes. So tired that we don't want to start our search again in a new area.


If we take out the equation of my wife going to Office to downtown, In terms of growth which one has more positives Painted Tree(McKinney) vs Lilyana(Prosper) vs Parks at Wilson creek(Celina) ?

I liked Painted tree due to the reason that its closer to I95 and closer to Costco, Walmart, Homedepot, Lowes, Lite Farms/Lilyana- Prosper and Celina looked far away from city but has more greenery but smaller roads and less access to retail Stores.

[Leonard123]

Originally Posted by ChristieP

All three are very expensive repairs. The A/C can easily set you back $10,000, and the roof will likely be closer to $20,000. Windows will depend on your house so that cost varies. You could easily spend $40,000 on those repairs alone. Most people don't pay to have a roof replaced unless it's been damaged by wind/hail. In that poster's case, they will have to have the old cedar roof ripped off, and all of the decking replaced, which will be an expensive repair.

Originally Posted by ilovepizza1975

Thanks; I'm aware of how much these cost, I've done 2/3 of them on my own properties. One of those I've done twice.

In every case it was easier than moving.

The price gap between a new and old home the same size in any of these areas is going to, in most cases, drastically exceed the cost of repairs and full remodeling. There is a cultural shift that has widened this gap to historically unprecedented levels.

Originally Posted by XNA-DFW

we are scared to get an old house and spend money on repairs or remodeling. Also we got few friends near Plano, and McKinney which made us think to stay something towards north side of the city. We have been visiting Dallas for the last 6 months and we have visited Little Elm, Prosper, celina, Mckinney, Frisco, Plano, Wylie and we have decided either to go with Highland homes or American Legend homes. So tired that we don't want to start our search again in a new area.


If we take out the equation of my wife going to Office to downtown, In terms of growth which one has more positives Painted Tree(McKinney) vs Lilyana(Prosper) vs Parks at Wilson creek(Celina) ?

I liked Painted tree due to the reason that its closer to I95 and closer to Costco, Walmart, Homedepot, Lowes, Lite Farms/Lilyana- Prosper and Celina looked far away from city but has more greenery but smaller roads and less access to retail Stores.

See above note about the price gap. If you want to maximize price appreciation, a new build isn't the way to do that due to the growing gap and cultural preference.

Make a choice based on where you personally feel more comfortable living, not where other people do.

I can tell you right now those neighborhoods in Prosper and Celina are going to be primarily Indian if that floats your boat.

To answer your question, Prosper and McKinney are more established and, like Frisco and Plano, largely built out, so you won't see as much growth. Lilyana is really more in Celina. Celina will see a lot of growth because there is more undeveloped land. However, that growth will slow in the years to come as developers continue to face obstacles with infrastructure. Celina is running out of water and electricity.

As a result, bear in mind that Painted Tree has no PID tax and a much lower base tax rate to boot, and it will amount to a difference of probably around $400-$500 a month. Your budget will stretch a lot farther in McKinney.

[hbdwihdh378y9]

Originally Posted by XNA-DFW

we are scared to get an old house and spend money on repairs or remodeling. Also we got few friends near Plano, and McKinney which made us think to stay something towards north side of the city. We have been visiting Dallas for the last 6 months and we have visited Little Elm, Prosper, celina, Mckinney, Frisco, Plano, Wylie and we have decided either to go with Highland homes or American Legend homes. So tired that we don't want to start our search again in a new area.

The best Dallas suburbs are within the city limits of Dallas itself.

[ilovepizza1975]

Originally Posted by XNA-DFW

we are scared to get an old house and spend money on repairs or remodeling. Also we got few friends near Plano, and McKinney which made us think to stay something towards north side of the city. We have been visiting Dallas for the last 6 months and we have visited Little Elm, Prosper, celina, Mckinney, Frisco, Plano, Wylie and we have decided either to go with Highland homes or American Legend homes. So tired that we don't want to start our search again in a new area.

When you own a house you will always spend money on repairs.