Anyone planning a move to North Texas should strongly consider Frisco as their new home base. It’s a growing and thriving suburb just north of Dallas and offers a modern lifestyle with all the safety and security one should expect from a suburban city.
Frisco for most of its 113 year history was a sleepy farming community far north of Dallas, its bustling urban neighbor. Frisco primarily produced the main southern crops of wheat, corn, cotton, and feed, a far cry from its future as an affluent hub for commercial development and homes for the employees that drive North Texas’ thriving economy. For the last 15 years Frisco has been one of North Texas fastest growing cities. Since 2010 alone, Frisco has added more than 30,000 individuals to its population. As a result home construction and property values have begun to ramp up ahead of continued population and job growth in Frisco and its nearest neighbors.
It appears Frisco’s growth will continue unchecked due to two fairly recent bits of news. First on the list is the addition of two major corporate hubs to the North Texas business climate. Toyota Inc. announced in April last year the intent to move its headquarters to one of Frisco’s nearest neighbors, Plano. Ground was broken in January of this year and they expect completion in the next four years. Toyota plans to bring some 4000 jobs to the area, not even accounting for the companies that support Toyota operations that will likely follow. In addition, JP Morgan Chase has announced the intent of creating a huge employment center in downtown Dallas. Chase plans to consolidate its multiple offices around the Metro area, but it will likely relocate a significant number of jobs from outside of the state.
Frisco continues to be a very desirable area for home buyers. It is one of the few areas offering a short to medium commute to most of North Texas’ main business hubs and the DFW Airport via the 121 tollway. In addition brand new homes can be found at comparatively modest pricing. Though the North Texas market in general and Frisco in particular is seeing aggressive property value growth, the ready availability of new construction is keeping pricing from skyrocketing. It is still possible to purchase a large home in Frisco with good upgrades in a new community for under $500,000.00. Compare that with one of Frisco’s more desirable neighbors, West Plano, where brand new homes appear to generally be heading north of $800,000. It was also recently announced that local builder Landon Homes had purchased 200 acres from the 3500 acre Brinkman Ranch, adding to the available inventory for future buyers in Frisco and price pressures on existing homes.
Frisco also offers the kinds of shopping, dining, and family destinations modern homeowners expect from a thriving urban metropolis. It already boasts a premiere mall in Stonebriar, home to major retailers like Macy’s and Nordstrom’s, and will soon add a terrific multi-use entertainment district surrounding the new Dallas Cowboy’s headquarters, which also means even more jobs. The complex expects to include a state of the art Whole Foods Market among many other options for the modern shopper.
As you can see, if you are considering a move to the North Texas area, Frisco has much to offer a relocating homebuyer.
This article submitted to Dallas.com by One Source DFW Realty