Home Buying in Austin>Question Details

adelarobinson, Other/Just Looking in Austin, TX

Which areas are considered the best to buy in terms of resale in Austin?

Asked by adelarobinson, Austin, TX Tue Oct 8, 2013

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11
This is a tough question to answer. It is like asking what stock is the best to buy that will give you a good return or the most return in the future. Nobody can predict the future and nobody can tell you which area is the best for resale! We can just speculate.

I would suggest that you work with a local realtor and determine which area(s) that you like and ask the realtor how that area performs. You can have an analysis and see how well the area performed for the past 1 year, 2 years, 5 years and so forth. Also find out whether the city has any future plan about the area. This will be a little tough as any economy downturn can change any future plans.

I agree with Bill Austin below on the factors that can effect home resale and that location is very important in purchasing a property. You can update a home so it looks nice but you cannot change the location of the home. As with school, sometimes the city rezone the area and you could ended up in a different school the next year or even sooner!

I hope this helps. Give me a thumbs up or choose best answer if my answer helps. I also know of a real good realtor in Austin if you need one.

Susie Kay, Realtor®
GRI, CHMS, SFR
Residential/Commercial/Investment
English-Indonesian-Hokkien
------------------------------------------------------------------
United Real Estate
III Lincoln Centre, 5430 LBJ Freeway #280
Dallas, TX 78240
469-371-2899
susie_k@att.net

http://www.dfwdreamhomes.net

Servicing your real estate need is my priority!
1 vote Thank Flag Link Tue Oct 8, 2013
Thank you. This was the most helpful answer. I would be moving to Austin, and not being familiar with Austin, don't know where to start researching.
Flag Wed Oct 9, 2013
Hello,
A home's resale is usually based on the same 3 factors in every city and during every economic climate.
1) Location: This is either a buyers commute time or life style choice.
2) Schools: Based on a buyers perception of the schools that serve the address.
3) Price/Condition: Self explanatory

I'd be happy to help you analyze your needs & where to look if you choose to work with me & my team.

Best wishes.
Bill ~ 512-709-6343 ~ bill@teamprice.com
1 vote Thank Flag Link Tue Oct 8, 2013
Are you looking for liquidity (ease of resale) or price appreciation? Generally, the closer to the city center, the better.

Peace in your home,

Doug Vogelsass
REALTOR :: Agents for Change Real Estate

cell :: (512) 739-0457
email :: doug@myagentsforchange.com

10% of our net agent fees at the closing of our client's property will be donated to a charitable organization of their choice. We do this with ALL clients. This is our way of expressing our appreciation to both our clients and the worthy causes dedicated to the betterment of our communities.

9600 Escarpment Blvd :: Suite 745-75 :: Austin, TX :: 78749
Sponsoring broker :: David Komie, Attorney-at-Law (License# 584762).
1 vote Thank Flag Link Tue Oct 8, 2013
Austin, in general, is a hot market across the board. I would focus more on picking an area of Austin that truly appeals to you. If it appeals to you, it will most likely appeal to others.




Josh Daniels, Realtor®
Residential/Commercial/REO
------------------------------------------------------------------
RUSSELL CAIN REAL ESTATE
2025 N HWY 35
PORT LAVACA, TX 77979
361-920-0295
JOSH@RUSSELLCAIN.COM
0 votes Thank Flag Link Wed Oct 16, 2013
Best place to start is to hire an Exclusive Buyer Agent. EBAs only work with homebuyers and there is never a conflict of interest that will jeopardize your negotiating position. Visit http://www.naeba.org for a referral to an Exclusive Buyer's Agent in your area.

I've had a book published on Amazon called Buying a Home: Don't Let Them Make a Monkey Out of You. It'll be the best $6 you've ever spent. Follow the link below.

Best of luck!

Alysse Musgrave
214-734-3863
Alysse@HelpUBuyAmerica.com
http://www.helpubuyamerica.com
0 votes Thank Flag Link Wed Oct 9, 2013
Honestly you are asking people to predict the future. I can tell you stories of plenty of people who have bought homes in certain pockets of Austin and sold within 2 years and made over $100k profit but that is not the norm and I would not be too concerned that because most likely you will not have the same luck especially if that is your primary objective.

As it was said you need to be an informed buyer. First off buy to suit your needs and the rest will follow. Where do you want to live? Austin has a lot of unique areas that have quite different lifestyles. Where do you fit in? After you have determined the area your next bet is to do your homework. Know the area and have your agent give you as much data as possible to answer your questions and help you understand the market. I feel it is my primary job to educate my clients so they can make informed decisions.

Hope this helps.

_____________________________________________________
Don Groff | REALTOR® & Mortgage Broker
Austin Real Estate Pros & 360 Lending Group
o 512.669.5599 | m 512.633.4157 | listings@dongroff.com
websites: http://www.AustinListed.com | http://www.360LendingGroup.com
Web Reference: http://www.AustinListed.com
0 votes Thank Flag Link Wed Oct 9, 2013
I love the responses. The reality is that EVERY area is great for resale . . . a long as you buy the property right. Savvy real estate investors will tell you that you make money when you BUY the property, not when you sell it. you need to find the best opportunities in the Austin market, whichever sub-section they might be in.

To your success!
0 votes Thank Flag Link Wed Oct 9, 2013
Without knowing what price range you are in, if you want a rental or a investment property, a condo or house, etc. etc. that is an impossible question to answer. It really depends on what you are looking for, how much you have to spend, and your short and long-term goals.

If you are seriously considering a purchase and are not just curious and would like to talk to me perhaps I can steer you in the right direction. Not only am I one of the top Realtors in the greater Austin area, I'm also an investor, new homebuilder, and pay very close attention to the market in general. Feel free to contact me if you are looking to do something and I will do all I can to help! Joe

Joe Jarusinsky, Realtor/Master Instructor, Keller Williams Realty, Austin's #1 Real Estate Company, Call 512-261-4415
0 votes Thank Flag Link Tue Oct 8, 2013
This is a tough question to answer as there are opportunities that come up every couple of weeks. Right now, I think there are some good possibilities in 78745 and 78757 that have some nice rental cash flow and good chances for nice appreciation.

Please feel free to contact me as I would be happy to discuss your investment objectives without obligation.

Steve Nusinow
(512)922-7588
0 votes Thank Flag Link Tue Oct 8, 2013
Against professional code of ethics for a Realtor make a comment. Recommend to study the trends of communities in the Austin area.

Lynn911 Dallas Realtor & Consultant
Multimillion Dollar Sales Producer
972-699-9111
http://www.lynn911.com 100's of Dallas homes listed for sale or lease

Follow me on Facebook and Twitter
http://www.facebook.com/lynn911dallas
https://twitter.com/Lynn911
0 votes Thank Flag Link Tue Oct 8, 2013
good afternoon. There are different variables at play and probably best to speak to a realtor about what your specific needs are. I'm available.
512-773-5735
mgalvan@kw.com

Melissa Galvan
Keller Williams Realty
0 votes Thank Flag Link Tue Oct 8, 2013
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