4 Things to Consider When Buying a New Home

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Don’t look now, but the housing marketing is back on the rise. It’s particularly true for new homes in Allen and areas of Flower Mound, TX. So whether you’ve already been searching for a new home or are just starting out, there are several tips to keep in mind when it comes to buying a home that fits your family’s needs.

 

 

1. Location is everything

Every homebuyer has heard of the three L’s: “Location, location, location!” While it’s natural to look at a home’s benefits as a potential buyer (the things that fit you), you should also be looking down the road for when it’s time to sell. Does your new home have sustainable, long-term benefits when it comes to location?

Flood zones, school districts, surrounding neighborhoods, development projects, walkability, crime rates, etc. – take everything into account in order to make the best decision. So even if the house is ugly and the kitchen is more than outdated, if it checks off all the marks of a good location than you can be confident you’ve found a good buy with good resale value.  

2. Schools

You want your kids to have the best education available, so it’s not uncommon for potential homebuyers to start their search on which school district they want to be in.

Normandy Homes offers residents a variety of premier communities, including Cottonwood Crossing, Cypress Meadows and The Village at Twin Creeks, and it’s a great place to start your search. All of these communities are located within the highly rated Allen ISD, which has been consistently recognized by the Texas Education Agency (TEA) and is expected to grow by 8-10% per year.

You can also expand your search to Lakeside DFW, an up and coming luxury community centrally located in Flower Mound, Texas. Flower Mound has some of the best schools in Texas to offer, and Lakeside, DFW is right in the middle of it all! Flower Mound offers excellent schools that are top-rated and ensure students are set for a bright future.

3. Lot Position

Believe it or not, a home’s position on a lot goes a long way and is sometimes overlooked. Is the house in the middle of the street or on a corner lot? How close is it to the street? Where is the neighbor’s house located in relation to it? These are all important questions to answer. Remember, even if the specific issue is not especially important to you, could it affect a future homebuyer’s decision when you’re ready to sell?

4. Taxes and Fees

Many potential homebuyers overlook the monthly taxes and fees that can come packaged with your new home. Bear in mind that every home will have property taxes, but check to see if there is a community homeowners association (HOA) that may add to the monthly expenses. The golden rule here is fairly simple: Know what you’re getting into and if you can afford it. Be sure that the amount of property taxes and any future HOA assessments are transparent and understood from the start.