How to Evaluate Homes in Flower Mound - By: Enrique Branch

Bella Lago: Bella Lago is another healthy subdivision in Flower Mound with 167 people per square mile. The area is a popular choice between investors and home buyers alike with homes priced in the high $100,000 and up.

Saddle Oaks: Saddle Oaks is a popular subdivision in Flower Mound with many beautiful homes.. Homes in Saddle Oaks are priced in the $200,000s and higher.

Bakers Branch Estates: Bakers Branch Estates is a beautiful area with 185 people per square mile and a median household income of $95,402 as of 2008. Homes can be found priced in the $200,000s and higher.

Hearthstone At Firewheel: Hearthstone at Firewheel is a smaller community with a population of 91. The median household income as of 2008 was $113,461. Homes in Hearthstone At Firewheel can be found priced in the mid $200,000s and higher.

Woods At Wellington: With a population of 19 as of 2008 and a median household income of $140,902, Woods At Wellington is a small community with rich involvement. Homes at Woods At Wellington range in price.

We all know the first rule of real estate is location, location, location. If you are looking to purchase real estate in Flower Mound, TX, you're set. Flower Mound, named for the 12.5 acre mound of wild flowers in the southern portion of the town, has been described as one of the safest communities in Texas. Just three miles north of the DFW airport, residents of Flower Mound have almost instant access to the major freeways of the Metroplex. Real estate in Flower Mound boasts an urban location nestled in a picturesque, master- planned community between Lake Grapevine and Lake Lewisville.

With a growth percentage close to 30% from 2000-2007, the town is flourishing. There are over 960 businesses and the area is home to both the Lakeside and Denton Creek Business Districts. Over $25 million in road and community improvements have been made as the town has grown.

The 2008 average home value was $285,500 with a range from $100k to $2 million overall. The median household income is $116,030. The Lewisville Independent School District, a district rated as 'recognized' by the Texas Education Agency, serves the majority of the city, with small portions of the town also served by Arlington and NorthWest ISDs.

When evaluating real estate in Flower Mound, take the following points under consideration:

1) Compare the home of your choice with other comparable homes in the neighborhood. Knowing the fair value of the home is an important consideration. A real estate agent can quickly supply you with this information.

2) Check the curb appeal of the home and the adjoining residences. Is the home up to par without greatly surpassing the surrounding homes?

3) Take a home tour and be sure to look beyond the surface. Find out, for example, the age and condition of the water heater and appliances. Ask if the home has zoned central air and the last time it has been serviced. Basically, perform your own preliminary inspection.

4) Note the current state of the home. Does it appear well-maintained? Check the foundation and walls for cracks or other signs of issues that may not have been addressed and could later cost you money in repairs.

About the Author

Rice Realty Group • RE/MAX DFW Associates
3360 Long Prairie Rd., Suite 100 • Flower Mound, Texas 75022

Direct: (214) 662-5588
Office: (972) 539-1747
Fax: (972) 539-3551

flower mound real estate

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