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Plano Neighborhoods on the Rise: Where Millennials Are Buying Homes

  • Writer: Nitin Gupta, CRS, REALTOR
    Nitin Gupta, CRS, REALTOR
  • Apr 19, 2024
  • 4 min read



Introduction

Plano, Texas, has long been known for its thriving economy, excellent schools, and family-friendly neighborhoods. However, in recent years, the city has also become increasingly attractive to millennials seeking to purchase their first homes. With its diverse range of neighborhoods offering amenities, community spirit, and proximity to job opportunities, Plano has emerged as a hotspot for young professionals looking to invest in real estate. In this blog post, we'll explore some of the Plano neighborhoods on the rise where millennials are buying homes.

Legacy West

One of the most sought-after neighborhoods in Plano is Legacy West. Situated in the heart of the city, Legacy West offers a mix of residential, retail, and office spaces, creating a vibrant urban environment. Millennials are drawn to this area for its upscale apartments, trendy restaurants, and proximity to major employers like Toyota, JPMorgan Chase, and Liberty Mutual. With its walkable streets and modern amenities, Legacy West provides a dynamic lifestyle that appeals to young professionals looking for convenience and excitement.

Downtown Plano

Downtown Plano is another neighborhood experiencing a resurgence in popularity among millennials. This historic district combines charming architecture with a lively arts and culture scene, featuring art galleries, theaters, and music venues. Millennials are attracted to Downtown Plano for its unique blend of old-world charm and modern amenities, including loft-style apartments, trendy boutiques, and eclectic dining options. The neighborhood's proximity to public transportation and major highways also makes it an ideal location for those commuting to work in Dallas or other nearby cities.

West Plano

West Plano has long been considered a desirable place to live, thanks to its excellent schools, spacious homes, and family-friendly atmosphere. However, in recent years, this neighborhood has seen an influx of millennials looking to put down roots. With its tree-lined streets, well-maintained parks, and upscale shopping centers like The Shops at Legacy, West Plano offers a suburban lifestyle with all the conveniences of city living. Millennials are drawn to this area for its strong sense of community, top-rated schools, and abundance of recreational opportunities, making it an ideal place to raise a family.

The Colony

Located just north of Plano, The Colony is another neighborhood experiencing a surge in millennial homebuyers. This up-and-coming area offers a mix of affordable housing options, including single-family homes, townhouses, and apartments. Millennials are attracted to The Colony for its growing job market, diverse population, and recreational amenities such as Lake Lewisville and The Colony Five Star Complex. With its affordable housing prices and close proximity to major highways like the Dallas North Tollway, The Colony provides an excellent opportunity for young professionals to enter the housing market and build equity in their homes.

Conclusion

As millennials continue to enter the housing market in Plano, certain neighborhoods have emerged as popular destinations for young homebuyers. From the bustling streets of Legacy West to the historic charm of Downtown Plano, these neighborhoods offer a diverse range of housing options and amenities that cater to the needs and preferences of millennials. Whether you're looking for an urban lifestyle or a suburban oasis, Plano has something to offer for everyone. With its strong economy, excellent schools, and vibrant community spirit, it's no wonder that millennials are choosing to make Plano their home.



About us: Plano New Construction Expert Real Estate Agent


As a Top Real Estate Professional in Plano & Austin area, I understand the challenges that arise when buying a new construction home. There are over 50 builders in the Austin area. I work with most of the new home builders in Austin and understand how various builders operate. I am familiar with the options they offer, current incentives and I frequently visit the upcoming communities they are building. I guide my clients through all steps of the new home construction process and aggressively protect their interests in the transaction.


As a holder of top real estate industry certifications and designations like CRS, ABR & GRI, I can offer my clients experience as a Buyer's Agent in Plano and REALTOR®, top Industry Customer Service, in-depth, up-to-the-minute and comprehensive market knowledge; honesty, integrity, dedication, and professionalism in my business.


Whether you are a first time buyer in Plano looking to buy a home in Austin or Plano or whether you are relocating to Plano from California or moving your entire family from areas like San Francisco, Fremont, Palo Alto, Los Angeles, San Diego in California due to job transfer with your company, I can help you find a new construction home in Plano. Our relocation team eases the transition - whether you are moving across town or across the globe. We will work with you to find an area that best suits your professional, family and lifestyle needs. We have all the tools you need to help your home search. Whether it is video previews of homes, extended work hours, digital signatures for documents or more, we can make this process as comfortable as possible no matter where you are located.



What is most important to you in your new construction home in Plano? Send us an email at info@NitinGuptaDFW.com or give us a call at (469) 269-6541 to schedule a no obligation consultation. We’ll give you honest advice about Plano community that you can use to help make your home buying decision.








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