Dallas remains one of the country’s fastest growing population and urban centers. Little surprise then that owning a home in the Texan city is one of the most lucrative real estate investments to make. A combination of location, climate, and great city management has made Dallas a sort-of goose that lays golden eggs; it’s one of the most accessible real estate markets in the entire United States.
There’s a reason you see a lot of “we buy houses in Dallas” or “we rent office space in Dallas” all around Texas. The market there is ripe for flipping homes and commercial spaces, mostly because the city’s population is employed, enjoys high quality-of-living, and is willing to shell out cash for their next home or commercial venture.
Home Valuation in Dallas is Growing (and Growing)
On average, Dallas homes are higher than the national average, which makes sense: it’s a growing commercial and suburban center in North Texas and it’s a major employment center in the region. However, compared with other urban metropolitans like L.A. or New York, Dallas offers much lower housing prices for the same (if not higher) quality of life.
How good is home valuation in Dallas? Well, it has had one of the highest appreciation rates in the country for well over a decade, and experts say that it’s a trend that will continue for another decade or more.
The city’s continual growth, both in population and urban development, makes it one of the most stable real estate markets in America. This is compounded by the fact that, although home appreciation and valuation continues to go up, people are able to afford the prices because of the lucrative job opportunities the city has to offer.
For the same price as renting out Disneyland for the day, you could buy up massive swaths of homes and buildings in the city’s downtown area, and it will make you money in the long run.
Quality of Life is Unlike Any Other
Job security, a central location in the state, and a healthy commercial economy has made Dallas into one of the state’s most important financial, cultural, entertainment, retail, and real estate centers. It rivals major urban centers in both coasts in terms of culture, sports, and other aspects of life in the city.
Dallas is home to over 406 public parks spread across 21,000 acres of land, and holds the title for the city with the most shopping centers in the entire United States.
The DFW International Airport is also the second largest commercial airport in the country, and its Texas Sculpture Walk holds the record being the largest contiguous urban arts district in the country. Dallas is also a choice destination for families to settle down in because of the city’s 337 public schools, 38 colleges, 89 private schools, and more than 30 public libraries.
All in all, Dallas isn’t just a place for you to invest: it’s a place for you to settle down and create a homestead. Of course, buying up houses in the area and turning them into income-generating streams isn’t such a bad idea either.
