Amarillo, Texas, is emerging as one of the hottest housing markets. Boasting an affordable cost of living alongside a solid job market in a warm and welcoming community, numerous families and individuals are seeking to move to this colorful city.
Whether you’re a first-time homebuyer or considering an upgrade, knowing the Amarillo real estate market will be integral in finding your next home. Whether it’s researching neighborhoods or teaming up with real estate professionals, there are plenty of ways to make sure you’re making the right choice.
Researching New Homes for Sale in Amarillo, TX
In Texas, if you are looking for a home, check out the new homes for sale in Amarillo, Tx. New builds offer up-to-date designs, energy-efficient features, and minimal or no immediate repair expenses. They’re as move-in ready as can be, meaning homeowners can move in and have no immediate concern for renovations or obsolete systems.
A popular builder to look at is Betenbough Homes, as they have come to create many communities in Amarillo. Betenbough Homes has assisted almost 1,000 families in finding affordable homes since 2015. Homestead and The Meadows are two communities that have gained popularity due to their quality construction and attractive pricing.
For example, Homestead is a place that provides houses within the Canyon Independent School District (Canyon ISD), so this makes it a great choice for families with kids. These homes are between 1,010 and 2,600 square feet, offering ample space depending on family requirements.
Another desirable neighborhood with similar home sizes and affordable options is The Meadows. These communities attract homebuyers not just for their well-constructed homes but also for their convenient locations. And with proximity to shopping centers, restaurants, and recreational facilities, these are great places to live.
Getting To Know Amarillo’s Real Estate Market
The Amarillo real estate market is on the rise, making it a hot spot for buyers and investors alike. Amarillo has a relatively low median home price of about $200,000, so it is an affordable city compared to other Texas locations. New construction homes have an average market time of 97 days, meaning homebuyers are not under extreme pressure.
It allows buyers enough time to consider options and make an informed decision without feeling pressured. Neighborhoods like Homestead and The Meadows are especially appealing because they are in a desirable school district and offer access to parks, restaurants, and entertainment venues.
For families seeking a safe and comfortable environment, these communities make a great match. Moreover, always nearby local amenities, like fitness clubs and shopping centers, also contribute to the convenience of living here.
The first and foremost pro of buying a home in Amarillo is the city’s stability. The job market continues to expand and the unemployment rate is low, attracting more residents to the local area. Houses are appreciating faster than ever before providing you with a huge return on your investment.
How To Find Your Perfect Home Step By Step
Before you start shopping around for a new home, you need to research your budget. Mortgage lenders can help you get pre-approved, which gives you a solid understanding of your price range and helps you to move to the front of the line as a buyer. After setting your budget, the next step is determining your stop-dream feature set.
Some buyers have a minimum number of bedrooms they need, and others focus on a big backyard or a newer kitchen. Establishing the difference between what you need and what you want will help you hone in on properties that truly fit your lifestyle. Another step is to research other neighborhoods.
Amarillo is known for its many great neighborhoods, but to find the right one for you, make sure it aligns with your lifestyle. For some buyers, living near their work is essential; for others, it’s being near schools, shopping areas or recreation. Touring different neighborhoods at various times of day can help you get a better understanding of traffic, hanging noise and the community vibe.
One surefire way to navigate the housing market is to work with a local real estate agent. You have access to exclusive listings that agents have and can provide information about trends in the market, prices, and potential appreciation of a home. So what is it a realtor does?
Although it can be helpful to visit open houses and model homes. A physical walk-through of a home provides you with a better idea of its space, layout, and feel. Images on the internet can sometimes be deceptive and viewing various properties in person can help to avoid disappointments.
Thinking about a home with room to grow is a key component when it comes to buying a home. Amarillo is still growing and you can expect more developments and infrastructure projects over the next few years.
Buying a house in an area of anticipated growth can mean the property value will increase in time. Looking into city plans and possible developments in certain neighborhoods can aid in making an educated decision.
Spotlight on Betenbough Homes
Knox was so pleased with the work in Amarillo that he used Betenbough as a builder for new orders in cities across the state. Everything from floor plans to designs comes in many different weekly allowances and boot sizes. Betenbough Homes builds homes to high standards and offers them at affordable prices to ensure buyer satisfaction.
Communities like Homestead and The Meadows offer well-planned neighborhoods featuring modern homes. Nearby, schools, parks, and shopping centers are easily accessible in the Canyon ISD. The design of the community promotes a friendly, inviting environment, providing strong families.
The Meadows provide similar advantages with homes of 1,000 to 2,600 square feet. These homes offer flexible living areas that can accommodate both growing families and individuals in need of extra space.
Betenbough Homes offers an ideal option for buyers seeking affordability without sacrificing quality. With a focus on energy efficiency and liveability, the builder is a go-to in Amarillo’s market.
Making an Informed Decision
Purchasing a house is a huge investment, and it is crucial to make a well-informed decision. Seeing features and pricing from different properties helps buyers balance needs versus what’s available.
Equally important is understanding the long-term value of a home. Investing in a property located in a good neighborhood, with a strong school district, good public services, and growing infrastructure, increases the likelihood of property appreciation.
One of the steps is making sure that the home is in decent shape. Home inspections can uncover potential problems that are not visible at first blush. Having a qualified inspector working for them can help buyers avoid high-cost fixes and unpleasant surprises after moving in.
Conclusion
With these tips and resources in your corner, the process of finding your new home in Amarillo is a much easier and more enjoyable experience! By undertaking some necessary due diligence, financial legwork, and professional help, homebuyers can successfully traverse the market to find a property that meets their needs.
FAQs
1. What is it like to buy brand-new homes in Amarillo?
Homebuilders like Betenbough Homes also build affordable new homes in communities like Homestead and The Meadows.
2. Which school districts are for the new communities in Amarillo?
Many new neighborhoods, including Homestead and The Meadows, are located within the Canyon Independent School District.
3. How long are new construction homes in Amarillo on the market?
New construction homes in Amarillo have an average market time of 97 days, giving buyers ample time to make a decision.
