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Old 04-07-2009, 07:56 PM
 
13 posts, read 35,148 times
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Which would you choose, a 1993 home in Plano zip 75025 or a 2003 home in Frisco zip 75035? Both same price and about same size. I am new in Texas and have a hard time deciding between Frisco and Plano. My price range is 200 -230k. Good school is priority.

Please help me decide between Frisco and Plano.
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Old 04-07-2009, 08:37 PM
 
6,824 posts, read 14,039,451 times
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Need more than price to help. More information on both properties please.
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Old 04-07-2009, 09:03 PM
 
Location: Inthewoods
113 posts, read 393,033 times
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Plano, They tend to take care of thier homes, better schools.
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Old 04-07-2009, 09:08 PM
 
Location: Dallas/Fort Worth, Texas
4,207 posts, read 15,260,214 times
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75025 is one of the nicest areas of west Plano. As you may know, Plano is pretty much built out so all homes are still appreciating a bit. Even on your high end of 230K for the home. Value would hold without a problem.

75035 Frisco is also a very nice area of Frisco but it is still growing. Is this home a bank foreclosure? may be if you get it at a steal it would be a no brainer. However, with newer homes you will have newer features from energy efficiency for the home as well as more desirable floorplans etc... Most (about 90%) of the elementary schools are exemplary, there is a new high school that opens up this August (Heritage) at Independence and Eldorado. So, depending on how long you are planning to be in the home, you may still be competing with builders when it's time to sell unless as I said, you really get a bargain on the home. Get the market analysis and study it.

Naima
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Old 04-07-2009, 09:10 PM
 
Location: Aurora, CO
8,606 posts, read 14,897,900 times
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Depends on the neighborhood, really. Frisco has far more growth potential. Frisco also has 3 sports venues (one of which is a major concert venue) and the largest mall in the metroplex whereas Plano is pretty much built out.
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Old 04-08-2009, 08:40 AM
 
Location: Plano, TX
1,009 posts, read 2,461,903 times
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Probably Plano - 75025, ... but would need more information on the properties, neighborhoods, specific schools, lots, etc.
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Old 04-08-2009, 09:32 AM
 
Location: Forney Texas
2,110 posts, read 6,466,359 times
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depends on where your work is. I live in the 75025 area and I like it. But my house is only $140k
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Old 04-08-2009, 11:09 AM
 
16,087 posts, read 41,170,052 times
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Be wary of buying in an area with subdivisions which may not be completed and many foreclosures. Also with a new home there is always the problem that if you sell in the next few years you will be competing with a builder's lastest products and favorable financing.
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Old 04-08-2009, 11:27 AM
 
Location: Dallas
4,630 posts, read 10,479,809 times
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Also find out about any home owners associations. That could significantly affect your quality of life for better or worse.
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Old 04-08-2009, 11:33 AM
 
Location: Aurora, CO
8,606 posts, read 14,897,900 times
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Quote:
Originally Posted by Bostonian08 View Post
Also find out about any home owners associations. That could significantly affect your quality of life for better or worse.
Caveat emptor - If you do decide to move into a managed community, for the love of GOD read the covenant before signing on the dotted line. Nothing gets under my skin more than someone who moves into an HOA-controlled neighborhood and immediately starts griping about how the HOA sucks.

Nobody's holding a gun to your head and forcing you to move into a neighborhood with an HOA.
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