Everything To Know About Buying A New Home In McKinney

Everything To Know About Buying A New Home In McKinney - Main Image

If you're thinking about buying a new home in McKinney, there's a lot to consider. and many decisions that must be made. From finding the right neighborhood to getting the best financing, it's important to do your research before making such a big purchase.

The process of buying a new home can be very overwhelming for anyone. We want to help you with that so we have put together some very useful information that we believe will take some of the stress out of the new home buying process for you.

With careful planning and consideration along with our guide, Everything to Know About Buying A New Home In McKinney, you can start your search for buying a new home in McKinney today with confidence.

Budget

When buying a new home in McKinney, it is important to be aware of your budget. There are a number of expenses that you will need to consider, such as the cost of the home itself, stamp duty, legal fees, and moving costs.
Work with a mortgage lender to get pre-approved for a loan, and remember to factor in additional costs like closing costs, homeowners insurance, and property taxes as well as the ongoing costs of running a home such as utility bills and of course the big one, your mortgage payments. Once you know how much you can afford to spend, you can start narrowing down your search.
By being aware of your budget from the outset, you can avoid any nasty surprises later on. Additionally, it will help you to focus your search on properties that are within your price range. Ultimately, knowing your budget upfront is an essential first step in buying a new home.

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Housing: Style / Needs / Wants

Deciding on your housing style, needs, and wants should be a pretty straightforward process. However, with the number of decisions that actually need to be made, this can often be the most daunting or time-consuming aspect.

What type of home are you looking for? How many bedrooms and bathrooms do you need? Do you want a single-story or two-story home? What style of home do you prefer? Close by amenities? Answering these questions will help you zero in on the right home and neighborhood for your search.
Remember to keep your budget in mind while making these decisions as your budget may very well influence some of these options.

Neighborhoods

If you're looking for new home builds in the McKinney, TX area, you'll have plenty of neighborhoods to choose from. Whether you're looking for a community with plenty of amenities or a more quiet and relaxed setting, you can find it all in McKinney.

McKinney is a large city with many different types of neighborhoods, so it's important to take the time to find one that fits your needs and lifestyle. Be assured, with new home construction still going quite strong in the area, you're sure to find the perfect neighborhood with the perfect home that’s right for you.

Everything To Know About Buying A New Home In McKinney - Neighborhoods

Some of the best neighborhoods for new home builds include Stonebridge Ranch, Craig Ranch, and Eldorado Heights.

  • Stonebridge Ranch is a master-planned community with a variety of new construction homes to choose from. You'll love the resort-style amenities, including multiple pools, tennis courts, and miles of walking and biking trails.
  • Craig Ranch is another great option for new homebuyers, with a wide selection of builders and floor plans to choose from. This master-planned community has everything from shopping and dining to a championship golf course.
  • Eldorado Heights is perfect for those who want a little more space – each home site is at least one acre.
  • Camberley is home to top-rated schools and plenty of green space.

No matter what your preferences are, there's a neighborhood in McKinney that's a match for your lifestyle and budget!

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Working With The Experts

When you're looking for a new home in McKinney, working with the experts can help you avoid hidden costs, and unknown factors and ensure you find the best property for your needs.

The new home market can be complex and confusing, but with the help of a knowledgeable and informed real estate agent, you can navigate it with confidence. An experienced agent will know about upcoming new home builds and developments, and they can help you avoid overpaying for your new home.

An expert agent will be familiar with the ins and outs of buying a new home and can guide you through the process of buying a new home in McKinney from start to finish, alleviating a lot of the anxiety many new home buyers experience.

In addition, a good real estate agent will be familiar with hidden costs that can add up when buying a new home, such as closing costs, HOA fees, and property taxes. With the help of an expert, you can be sure you're getting the best possible deal on your new home in McKinney, TX and avoid that extra stress that comes with hidden surprises.

Financing

As mentioned, working with the experts when buying a new home will make a huge difference in your experience. The financing part of buying a new home in McKinney can be quite stressful and overwhelming so working with the experts in this field is a must.

Be sure to do your research, and get multiple quotes to ensure you secure the best possible rates. Not all financial lenders are the same. Read the fine print, and understand all the options available to you. They are the experts and as their clients, they should have what’s best for you at the forefront.
Buying a home is a big investment. Buying a new home in McKinney, TX is also a great investment. McKinney is one of the fastest-growing cities in the country. Thanks to its strong economy and diverse range of amenities, the city is attracting new residents from all over the world. As a result, property values in McKinney are on the rise, making it a great place to buy your new home.

Everything To Know About Buying A New Home In McKinney - Financing

So, there you have it! Everything you need to know about buying a new home in McKinney, TX. We want your buying of a new home in McKinney to be the best possible experience. By following our above guide we feel that we have equipped you for that.

The Good Home Team represents the region's finest properties with exceptional skill using the most innovative technologies currently available. The Good Home Team offers ultimate privacy and security, speed, and efficiency. Their years of full-time experience have given them a clear understanding of the mindset of home buyers and sellers and a thorough understanding of the regional marketplace.

Thinking about buying or selling? Let’s get in touch!

View All Homes For Sale In McKinney

640 Properties
Page 1 of 54
$410,000
Neighborhood: Fossil Creek At Westridge Ph 2
3
Beds
2
Baths
1,406
Sq.Ft.
2016
Year Built
1
Day on Site
20140417
MLS
3 Beds 2 Full Baths ONE Story home located in the Heart of McKinney with Prosper ISD.
This Lovely Home features a Brand New Luxury Waterproof Vinyl Floor in the Living Area, Ceramic Tiles in the...
$675,000
Neighborhood: Cambridge Ph 1b
4
Beds
3F11/2
Baths
3,006
Sq.Ft.
2010
Year Built
2
Days on Site
20135606
MLS
Looking for a fantastic property on a corner lot with a pool? Look no further! This well cared for home in the coveted Cambridge subdivision will not disappoint. In addition to what is listed above,...
Open 8/14
4408 Seville Lane Mckinney, TX 75070
$405,000
Neighborhood: Seville Add Of The Highlands Ph I
3
Beds
2
Baths
1,857
Sq.Ft.
1986
Year Built
2
Days on Site
20138951
MLS
*** Open House 12-4PM Sunday 8-14-22 *** Impressive & meticulously cared for home. Great curb appeal with landscaped front yard and peaceful covered patio. Fantastic open floor plan with flex room...
$610,000
Neighborhood: Fairways West At Westridge
3
Beds
2F11/2
Baths
3,074
Sq.Ft.
2008
Year Built
2
Days on Site
20128746
MLS
This spacious 3074 square foot single family home, 3 or 4 bedrooms , 2.5 bathrooms and 2 car garage. New Roof being installed 8-19. This spacious home has rod iron door, beautiful wood floors...
Option Contract
6500 Grand Bay Court Mckinney, TX 75071
$740,000
Neighborhood: Wynn Ridge Estates Ph One B
4
Beds
3
Baths
3,059
Sq.Ft.
2016
Year Built
2
Days on Site
20139038
MLS
Impeccable one story on a tree-lined creek lot in desirable Wynn Ridge- part of Stonebridge Ranch! You'll fall in love as soon as you step through the charming courtyard! Meticulously maintained, one...
$399,900
Neighborhood: High Pointe Ph 2b
3
Beds
2F11/2
Baths
2,000
Sq.Ft.
1999
Year Built
2
Days on Site
20139876
MLS
Beautiful, spacious home with an updated kitchen! Brand new granite countertops, 60 or 40 kitchen sink, and pull down faucet. Massive master bedroom leaves room enough for bedroom furniture as well...
$698,000
Neighborhood: Bloomridge
5
Beds
3F11/2
Baths
2,438
Sq.Ft.
2022
Year Built
2
Days on Site
20140235
MLS
3.99% FIXED INTEREST RATE (4.034 APR) FOR LIMITED TIME ONLY ON SELECT HOMES. Megatel Homes Annabelle III is a spacious home. It features 5 bedrooms, the 5th bedroom has it's own full bath. The...
$340,000
Neighborhood: W J S Russell 2nd Add
4
Beds
2
Baths
1,570
Sq.Ft.
2004
Year Built
2
Days on Site
20139970
MLS
MOVE IN READY! Everything has been done. Fresh paint throughout, recent baseboards, trim, toilets, sinks. Both bathrooms have been redone. 5 year old HVAC with gas heat. Gutters, 2 year old roof,...
$359,500
Neighborhood: Saddle Club At Mckinney Ranch Ph 2
2
Beds
2
Baths
1,125
Sq.Ft.
2009
Year Built
2
Days on Site
20140312
MLS
This attractive 1-story half-duplex in the heart of McKinney gives you quick access to highway 121 and US 75. It graces a corner lot with ample green space backyard. Allen ISD, just a short walk to...
$650,000
Neighborhood: Wren Creek
5
Beds
3F11/2
Baths
3,400
Sq.Ft.
2003
Year Built
3
Days on Site
20139133
MLS
WELCOME HOME! Located in the HIGHLY DESIRABLE community of STONEBRIDGE RANCH & zoned for MCKINNEY ISD with highly rated schools, this FRESHLY PAINTED home features an OPEN-CONCEPT LAYOUT w 5 bedrooms...
$550,000
Neighborhood: Winsor Meadows At Westridge Ph 1
4
Beds
3
Baths
2,340
Sq.Ft.
2004
Year Built
3
Days on Site
20129276
MLS
Amazing LUSH panoramic views of Golf course and lakes in Westridge! Charming Cape Cod style home with a great floorplan! Open concept with Formal dining or study at front of home. Family room and...
$714,900
Neighborhood: Grove At Craig Ranch Ph 2/ The
4
Beds
3F11/2
Baths
2,830
Sq.Ft.
2019
Year Built
3
Days on Site
20130968
MLS
Gorgeous two-story home on premium corner lot in the Grove at Craig Ranch! Enter to find wood floors throughout first floor and a dedicated home office with double French doors and decorative wood...
Information is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed or used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than The Good Home Team - eXp Realty are marked with the NTREIS IDX logo and information about them includes the name of the listing brokerage.

NTREIS data last updated August 14, 2022.

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