Curious About Your Home’s Value? We’re getting asked this questions alot lately!

Did you just receive your Property Tax Bill?  Homeowners are often surprised when they receive their annual statement from the local tax appraiser’s office. Often the assessed value of their home is very different than what they believe the property is worth.

Read on….

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Now’s a great time to take a look at the difference between two common real estate terms: “Assessed Value” and “Market Value.”

The Assessed Value is the dollar value assigned to a property by a public tax assessor for the purposes of measuring applicable taxes. The number is very often a point of contention with homeowners, who may believe it to be too high or too low. The Assessed Value does not offer a shortcut to a home’s Market Value.

The Market Value is the highest estimated price a property will bring in a reasonable amount of time if exposed for sale on the open market. Market Value is influenced by such factors as homes that recently sold in the area, the location of the property, the home’s amenities, and the condition of the property. Of course, Market Value is also influenced by the current economy.

Knowing the difference between Assessed Value and Market Value is great. But even better is knowing what your property is worth in today’s fast-paced North Texas housing market.

To get started,  click here to find out What Your Home Is Worth , better yet – Contact us at 214.769.2142 to discuss in more detail.

Heads up, the property tax protest deadline is earlier this year than in previous years. Those wishing to protest, must do so by May 15, 2018, or 30 days after a tax notice is delivered, whichever is later.

Posted: 18 Apr 2018 08:06 AM PD
By Niki Fanara
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Attention – U.S. MILITARY ON THE MOVE

We Value your Service and we’d like to offer you a Special Benefit to Thank You! 

For more information, contact your Certified Military Specialist: Diego Lopez at 214.769.3099.

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It’s ALL About the Schools…Highlighting GARLAND ISD!

Want to know more about GISD?  Read on or call me….let’s chat – 214.769.2142

Garland Independent School District
Exceptional Education
Transforming Teaching and Learning
Diverse Community
Shared Vision

About GISD: Educating 57,000 students across 71 campuses, Garland ISD ranks as the second-largest district in Dallas County, fourth-largest in Dallas-Fort Worth, 13th-largest in Texas, and is among the 70-largest in America. The district spans the cities of Garland, Rowlett and Sachse, yet maintains a small town, family feel. With a rich tradition of excellence, GISD boasts a diverse population that speaks more than 100 languages, as well as technology-driven campuses, magnet programs and approximately 200 Career and Technical Education courses.

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Link to District Map: http://www.garlandisd.net/about/gisdmap

Choice of School: In most districts attendance zones determine where students will attend school. GISD employs a “Choice of School” program, allowing parents to select the campus they want their children to attend for the next school year.

AVID: AVID stands for Advancement Via Individual Determination. The goal of AVID is to prepare students for college and success in a global society. We use AVID to bring out the best in students and close the achievement gap. For more information about the program visit www.avid.org. In middle and high schools, AVID is offered as an elective class, although students will experience AVID strategies in other classrooms. In elementary schools, AVID is not offered as an elective. Students in an AVID elementary school will automatically use different AVID strategies to help them learn and prepare for college and career. AVID elementary schools use AVID strategies in a way that affects the entire school.

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School Meals: Choose 3-5 options for a full lunch meal: an entrée, one selections of fruit, two selections of fruit in high school, two selections of vegetables, a grain/bread which may be part of the entrée or separate, milk. Choose 3-4 options for a full breakfast meal: two entrées which is a combination of grain/breads and meat, two selections of a fruit or juice, milk.

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Parent Workshops: GISD offers workshops throughout the year with effective parenting strategies, ideas on how to get more involved and information to help your child be successful in school and in life. Past workshops have included topics such as:
• bullying
• guide to STAAR
• parent involvement
• motiving children
• cybersafety
• teen dating violence
• substance abuse
• anger management

Safety and Security: We ensure the safety of students, staff, visitors and property 24 hours a day, seven days a week. Security cameras, controlled building access and a visitor registry system help ensure our students have a safe place to learn. Police officers are assigned to our schools to provide security, counseling and education. Emergency training and response plans are in place to make sure that students and staff know what to do in a crisis and that situations are communicated properly to the community in a timely manner.

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For more information about GISD or anything related to Real Estate, feel free to contact me!

Have Weekend Plans? Here are some THINGS TO DO & CHEW here in Dallas!

For More Ideas on what is happening around our Great Dallas Metro – just call and let’s chat!  214.769.2142

Parabola Imperial Stout Keg Tapping
Kick off your T.G.I.F. with a sip of some rare Russian stout. Firestone Walker Brewing Co. is tapping into a Parabola Imperial Stout keg, one of only eight in Texas. To learn more about the event and the 14.5-percent ABV stout, check out the Facebook Page.

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Fish-N-Chips Pop Up
Get a glimpse of what life would have been like had the Revolutionary War swung the other way. Noble Rey Brewing Company is teaming up with The Proper Baking Co. for the ultimate British pop up. Fill up on fish and chips, pea fritters, beer-battered bangers and more from noon to 5 p.m.

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Oak Highlands Brewery Beer Brunch
Sundown at Granada and Oak Highlands Brewery are throwing a beer brunch from 1:30 p.m. to 3 p.m. Purchase a ticket for the three-course brunch and seasonal beer pairing and learn how everything goes together. Tickets are $35. Buy them here.

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Bulleit Bourbon Cocktail Pop Up
Spend your Sunday at The Rustic for Bulleit Frontier Whiskey’s bourbon pop up from 4 p.m. to 6 p.m. Enjoy a drink, live music and stick around for a family-style Sunday supper. Learn more here.

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National IPA Day Celebration
On Rotation is commemorating National IPA Day with a week of celebrations beginning this Sunday. Come down to their taproom at 6 p.m. for your fair share of IPA taps.

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(Information taken from D Magazine.)

LOOK where the Dallas Metro ranks! – Top 5 Cities to Invest in Housing 2017

Forbes teamed up with Local Market Monitor, a North Carolina-based company that tracks more than 300 housing markets to gather data for these results. Jobs and home prices are growing in these markets. Each city listed still is predicted to grow 17% by 2020.

Call our team to find out more about our great D.FW – 214.769.2142

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Dallas takes spot #1 after being #6 in 2016.

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Jacksonville is the first of 3 Florida cities on full list of 20.

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Local Market Monitor CEO Ingo Winzer says “With a falling economy it doesn’t matter if things are good right now, they are not going to be good in a few years.”

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Prices in Seattle rose 12% last year the most of any list city.

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Despite the major rise in prices, homes here are not yet over valued.

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Dallas is still SIZZLING and if you want to buy or sell a home, call us for help!

-Cynthia & Diego Lopez @ 214.769.2142

What’s going on in Collin county?? Here are 5 Things to Know About Collin County Growth

To find out more about what’s going on in Collin County and Surrounding Counties in our Great D.FW, just call me! Let’s Chat: 214.769.2142

Collin County is the fastest growing county north of Dallas County, growing more than 45% since 2000. There is more net rentable property than the combined areas of Uptown and Dallas. Currently the population is at 940,000 and is predicted to be at 3 million by 2040! With all the new jobs the median income has also risen to $100,839. So why has Collin County experienced so much growth? How has this growth affected the traffic and housing? What is expected in the future? All questions residents and potential relocation buyers have on their mind.
dallas-cowboys-star 1.  Many companies are moving locations
Companies are moving headquarters to Collin County because the workforce, schools and housing are attractive as well as the low-cost tax structure. Says County Judge Keith Self: companies “can move across the street and lower their … tax by half.” Some companies that have been part of the move are Toyota, Liberty Mutual, JP Morgan Chase and the Dallas Cowboys.

2.  Existing businesses are seeing growth too
Crest Auto Group has seen a 25% growth. Mexican Sugar is beating last years’ numbers and they are always hiring more employees. A.R. Schell & Son Agency Insurance has also seen growth from last year. These are just a few examples of the many businesses that are currently thriving.

3.  Demand for single-family homes and apartments
This demand has become so big in the last few years! Median sales price has risen from $190,100 to $300,000! Because of the high demand, the inventory has dropped by 30%. Apartments are 94.3% full and rent is averaging right under $2000 a month.

4.  Undeveloped Land

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SOURCE: THE GIS DEPARTMENT OF THE COLLIN CENTRAL APPRAISAL DISTRICT; MAP ILLUSTRATION: SHAW NIELSEN

Still quite a bit of undeveloped land…wonder what the future holds?

5.  How bad is the traffic?  It’s getting bad!
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*Worst traffic is State Highway 121, just W. of State Highway 289
*Second worst is Dallas N. Tollway, just N. of George Bush Turnpike
*Third worst is Dallas N. Tollway, just S. of George Bush Turnpike

The exact remedy is unknown to fix the traffic problems. Options are to create and “outer loop,” more walkable neighborhoods, more trolleys and express buses.

Looking forward to seeing more change in the future!

(Information taken from article in D Magazine)

Relocation to Dallas

The Dallas News posted an article last week about the lack of houses in the D/FW area. Why aren’t there enough houses? The answer is because dozens of corporations are moving their headquarters to North Texas. For example, Toyota is moving 250 employees a week!

Each year, D/FW will receive about 60,000 new residents. Toyota alone is bringing 4,000 of those numbers! This is why the housing market is on fire right now. Home prices have risen to unheard of levels, with such a shortage of homes as well…one of the worst in decades.

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While some find the home prices completely over-priced, some residents from the West Coast think it is a bargain.  New home builders are also happy with all the change. This has really helped their sales.

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So what about the traffic? The ones that aren’t bothered by the extra traffic is again the West Coast transfers. One person said “it’s nothing like L.A. traffic.”

Realtors like me love working with Relocation clients! I love the challenge of that short window of time to find and close on a home. It’s hard work because you are educating them on the area and answering so many questions but it is rewarding in the end. If you, a friend, or a family ever needs help selling or buying a home, don’t hesitate to contact me!

Cynthia Lopez, TLG Real Estate Advisors | Ebby Halliday Realtors