How to Value a House in Dallas TX

  • April 30, 2014

Buying a new home in Dallas TX can be both exciting and disconcerting. There is the excitement of considering the many great homes for sale in Dallas, but you also want to make sure you are getting the best possible deal. Best Buy Realty & Mortgage can help you find your Best Buy in Dallas real estate. Here are two factors we consider to help you place a reasonable value on prospective deals when buying a house in Dallas:


  • How does it compare to other homes for sale in the Dallas market? To understand whether you are making a reasonable offer or getting a good deal on a home it is helpful to look at the sales prices on similar homes. This is usually based on homes which have sold in the past six months. To make an objective comparison you need to look at homes that are in a similar geographic area, have comparable amenities to your prospective home, and are of the same age and size.
  • What is this prospective home worth to you? This is the more subjective portion of placing a value on a prospective home. Although you don’t want to let your emotions get the best of you, it is helpful to take into consideration such intangible factors as closeness to schools, a swimming pool, or recent upgrades. Options that make it easier or more fun to live in the prospective home do have a certain value to you. You won’t have much enjoyment if you move into a new home, but end up doing a lot of work just to make it comfortable.


An experienced realtor can help you balance these two crucial components of valuing a home. He or she can research similar sales and also help you place a monetary value on your emotional attachment to a prospective house. Best Buy Realty works hard to help you find the best deal when buying a house in Dallas. Whether you are looking for Dallas TX homes for sale, Plano TX real estate, Frisco TX homes for sale, Addison TX real estate, or Allen TX homes for sale, Best Buy Realty is your home for the best buy.


About Best Buy Realty: Best Buy Realty and Mortgage, the best buy in Dallas TX real estate, provides services and solutions to ensure a smooth and successful experience for every client and customer who wants to buy a home in Dallas TX or sell a home in Dallas TX. The company also helps clients buy commercial property in Dallas TX. Visit the website and Facebook page or call 214-228-4822 for further information on the Dallas real estate market.


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