Living in the heart of Dallas isn’t for everyone. Over the years, nearby Dallas suburbs have become thriving, desirable locations for many homebuyers. When looking for a suburb that offers equal parts class and accommodations, think about heading north of the city center. Here are the five hottest Dallas suburbs to check out:
1. Highland Park
This is a quintessential place to raise a family. Just as the name suggests, this suburb is park-like and also offers every accommodation a family could need. For instance, it allows access to the Katy Trail, which provides residents with the opportunity to get outside. Located near University Park, which is home to Southern Methodist University, Highland Park is close in proximity to many dining and entertainment options like local favorite Hopdoddy Burger Bar. The median price for a home in this Dallas suburb is $1,605,500.
This suburb has an immensely popular district called Frisco Square, which hosts regular farmers’ markets, and is lined with restaurants and entertainment options. Frisco is close to the Dallas Cowboys’ practice facility and Toyota Stadium, which is home to major-league soccer. Average home prices in Frisco are $320,500, and the median home value has increased by 9.6 percent over the last year, which suggests that buying in this neighborhood could be a good investment.
According to Addison resident Casey Devato, this neighborhood offers everything you could want. “It has more restaurants than any place in Dallas Fort-Worth, or at least that’s how it feels as a resident,” Devato added. Devato also gives high accolades to local events, such as Taste Addison and its annual Fourth of July fireworks. The median price for a home in Addison is $273,000. However, if you’re looking to splurge on your home purchase, Addison has an abundance of lovely brick estates that give off a comfortable southern feel.
According to WalletHub, Allen is one of the best cities for first-time homebuyers. The average home price in this area is $207,400, and Allen real estate has appreciated 30.46 percent over the last 10 years. Allen is also home to a massive high school football program, which draws local and national admiration. Peter Smith, a Dallas local, recommends checking out the breakfast tacos at Torchy’s Tacos for an authentic Dallas experience.
5. Westlake/Trophy Club
These two nearby neighborhoods are relatively affluent in comparison to some of the other neighborhoods mentioned. The median home value in Trophy Club is about $360,641, with a 14.13 percent appreciation rate over the past year. Trophy Club and Westlake are located adjacent to Lake Grapevine, which is perfect for fishing, boating and hiking.
Don’t let Dallas proper overshadow the suburbs. There are plenty of neighborhoods that offer wonderful accommodations and are outside the hustle and bustle of the city. When you’re ready to start searching for a home north of Dallas, head to Owners.com to get started.