Both of these are great areas.
Addison is so small (4x4 miles) and built out that you should see better appreciation there. K Hov has some new product they're building by the Galleria, you've got Ashton Woods and City Homes there as well. in the heart of Addison. They've got that great Addison Circle area where there's salsa dancing, cinema in the circle, July Jazz, and all kinds of fun things going on there this summer. People bring their dogs out to listen to the concerts in the park with sterno burners under their fondue pots. Watching fireworks from any of the restaurants, hotels or high rises for Kaboom Town - July 4th on the 3rd...You can join the Addison Athletic Club for a ONE time fee of only $10 and swim all summer if you're an Addison resident. The theatre is right there, you can walk to shops, restaurants, the park... Addison has more restaurants per capita than New York City! And, with the new plans for Midtown urban living center at 635/Tollway with the cooking school, Italian grocery, NY style deli @ the "Food District." ... This sounds more like the lifestyle you are looking for. Addison will have a higher percentage of resale than Plano. There is more of a market for it. And, if you've got a proclivity toward that lifestyle - why not go there? It seems to make more sense for you.
With the extension of the Tollway all the way to 380, you should have a pretty easy commute to Frisco from there. You'll also be driving away from traffic. Most people are in Frisco and trying to get to Dallas in the mornings than the other way around. His commute to UTD shouldn't be bad either.
Just curious, why would you be looking to sell in 2 years? I don't have a crystal ball, but if we negotiate a good discount for you, you could break even in two years. We'd be happy to discuss all this with you.
Happy to help,
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Per the professional code of ethics governed by the State of Texas we cant make comments for your question however as Melissa stated in her comment is true what is your lifestyle, what are you qualified for many factors come into play while you work in concert with the real estate agents make decisions together
There are Plano condo foreclosures which are move in quality with equity have you considered that ?
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First of all, did you find out what you needed to know about a Lease-Purchase? I noticed you asked about that on your previous post.
Secondly, to answer this question I would recommend that you determine which area is more suited to your lifestyle & employment. If you currently work in (or near) Plano and prefer a community that is geared toward families then I would say Plano is a great location for you. However if you currently drive to Dallas (or that general direction) for work and you prefer a community that is geared toward urban professional lifestyles then the Addison area would be a perfect match.
Of course, price will be a factor regardless of where or why you purchase. At this time you can certainly get a great deal on new construction. In a townhome community it would be wise to determine how many vacant "inventory" units are in the community and how long they have been for sale before building. While a pre-existing home will sometimes have charm & character...being able to choose your cabinets or carpet are always a bonus when building from scratch (if you have a few months to wait for it to be built).
However, if you are looking strictly from a re-sale perspective for a few years down the line, then you will have other factors to consider than just the items listed above.
I hope this information is helpful. Good luck in your search. Please let me know if there's anything else I can do to assist you.
Coldwell Banker Jane Henry Realtors