Where to look when buying a home in Dallas

Buying a home in Dallas is by no means a simple task, there are many factors that need to be considered from qualifying for a home loan to choosing the right neighborhood. While a real estate agent plays an vital role in the home buying process, it is up to the homebuyers to conduct their own research.  Homebuyers don't necessarily need to be experts in the real estate industry, but they should familiarize themselves with their options in regards to neighborhood, type or property, price range, etc. For those who are interested in buying a home in Dallas, we have some suggestions that may help you narrow down your choices.  Two of the more popular neighborhoods in Dallas, Texas to consider are Oak Lawn and Lake Highlands.

Oak Lawn for Professionals

Oak Lawn is one of the more affluent neighborhoods in Dallas, and it quite literally caters to the needs of professionals with an abundance of fine dining options. Oak Lawn is highly reputable for its excellent dining and nightlife opportunities. What's more, the North Central Expressway, Woodall Rodgers Freeway and Stemmons Freeway all surround the neighborhood, providing commuting professionals with easy access to the business districts in the city. For those urban types who are seeking entertainment after the traditional work day, Oak Lawn may be a neighborhood worth visiting.

Because Oak Lawn is one of the more well-established neighborhoods in Dallas, you will find a range of architectural styles in the Dallas homes for sale here. Historic homes are common, including many that have been beautifully restored.  Modern styles and newly built properties can also be found. Townhouses and condos are the most common types of property, as these cater to the needs of busy professionals and make the most of the valuable land in the city. Along Turtle Creek Boulevard and McKinney Avenue you can find several high-rise condominium communities with units available. The median sales price in Oak Lawn for those buying a home in Dallas is $180,482.

Lake Highland for Raising a Family

Oak Lawn may be popular with professionals, but it isn't an area that many families are interested.  Lake Highland is a family friendly alternative for those buying a home in Dallas who need easy access to the city but want a more suburban feel as they look for a place to raise their families. Here you won’t find a wealth of dive bars and clubs, but rather tree-lined streets with kids riding their bikes home from school.

Lake Highland sits on the northeastern corner of Dallas, so those who buy a home here will be able to get to the downtown region via DART bus service and DART light rail, both of which are in the neighborhood. Another route you can take would be the Lyndon B. Johnson Freeway and the Central Expressway, which run through the community.

Amenities like a local YMCA facility, a developing Town Center shopping area, and schools serviced by the Richardson Independent School District make it appealing to homebuyers. Like most Dallas communities, Lake Highland has its share of condos, town homes and apartments, but it is far enough from the downtown area that single-family homes are also common. The average sale price in November 2012 was $113,001.


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