The Best Dallas Neighborhoods For First-Time Home Buyers

Posted by Kenneth G. Cox on Sunday, February 1st, 2015 at 10:10am

Best Dallas Neighborhoods For First-Time Home Buyers

Just a couple days ago, we outlined some of the top DFW suburbs for first-time home buyers to consider. Areas with low crime rates, great school systems, increasing home values, and lots of employment opportunities were all highlighted, but as we continue to see younger generations make the transition from renting to owning, city living is becoming more and more popular.
 
Along with the convenience of being closer to restaurants, cafes, grocery stores, and shopping outlets, the urban lifestyle also puts many locals just an ear shout away from their workplace, ultimately cutting down on commute times and making that everyday routine just a little bit simpler.  

In a city as large as Dallas, many different neighborhoods are an attractive option for any home buyer, not just first-time buyers. But when you consider all the different factors like affordability, on-going development, and various other amenities, it’s clear which areas around downtown Dallas are the best for first-time home buyers…

Uptown

Situated just north of downtown, Uptown is easily the hottest neighborhood in Dallas right now. With new development booming and restaurants, bars and boutiques seemingly lining every other road, there definitely isn’t a lack of activity around the Uptown area. Although a bit more expensive than a number of other parts of the city, young and established professionals alike love this vibrant part of Dallas.

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Deep Ellum

If you’re looking for an authentic urban vibe, Dallas’ Deep Ellum neighborhood is the perfect place to begin your home search. A former industrial area that’s now full of fabulous converted lofts and condos, culture and art is everywhere here. Those working in creative industries will love the inventory of work-live spaces around Deep Ellum, and if you're not looking for a loft or condo, you’ll likely find an abundance of townhomes for sale here too.

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Lake Highlands

Although you might find a pretty extensive inventory of luxury homes around the Lake Highlands area, there’s also a wealth of affordable condos and ranch-style single-family homes that will fit nearly any budget. Along with that, it’s location just off I-635 also make almost any commute as easy and efficient as possible.

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Downtown Dallas

If you’re someone who likes being close to everything, you can’t get much closer than right in the heart of downtown Dallas. Once calling downtown home, you’ll be able to walk to theatres, the Farmer’s Market, restaurants, bars, shopping, and just about any Dallas attraction you can think of, and if you’re a true city-dweller at heart, we can’t think of a better location for setup shop.

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