Aledo is one of the smaller towns in the North Texas area, both in geographic area and in population. Located approximately an hour due west of Dallas, Aledo is in Parker County and is comprised of a total geographic area of just 1.9 square miles with an estimated population of 2,716 according to the 2010 census.
Yet, just like the old adage, “Good things come in small packages,” if you’re looking into Aledo Texas homes for sale, you could be in for a treat.
Prices
You'll find the typical 3-bedroom home in Aledo with 1,850 to 2,250 square feet listed for sale between $225,000 and $300,000.
A typical 4-bedroom home with 2,750 to 3,500 square feet would normally carry an asking price of between $325,000 and $425,000 or more.
In addition, the Aledo market currently offers 4- and 5-bedroom homes priced anywhere from $750,000 to $3.75 million!
Despite the comparatively small number of homes on the market, Aledo offers a variety that is only rivaled by larger markets closer to Dallas and surrounding communities. There’s a nice selection of smaller, more cozy homes that are ideal for first-time homebuyers. And, there are huge, sprawling executive homes for buyers with larger budgets. In addition, there’s the most popular middle-ground – everything in between.
New Construction
Though Aledo is a small town, there’s a good deal of new construction activity ongoing. There are residential lots available in some neighborhoods, just waiting for a buyer to build a custom home. New homes currently under construction offer a menu of popular floor plans for homebuyers to select their favorite. Typical new homes – depending on the size and location – start in the $325,000 range. New homes generally offer available upgrades in areas such as the kitchen, where purchasers can elect to install stainless steel appliances, granite countertops, custom kitchen cabinetry and upscale flooring materials.
Schools
The town of Aledo is comprised of a younger population than some of its Texas counterparts. According to the most recent census, 73% of the residents of Aledo are aged 44 or younger. Not surprisingly, 69% of the population are married adults. And of that number of married couples, 49% have children aged 18 or younger living in the household.
So, if you’re a young couple in your 30s-40s with school-aged children and looking at Aledo Texas homes for sale, you’ll be happy to know you’re in good company. Aledo residents rank the benefits of small-town living as one of the main factors in attracting them to the community. In addition, according to Zillow, home sales in Aledo – as is the case in a number of North Texas communities – have risen roughly 12% in the past year. Zillow expects the upward trend to continue, predicting a 5.7% increase within the next year.
Summary
Rising home values are a good thing – especially if you choose to purchase a home in Aledo. With the relatively small number of homes on the market, that means once you become a homeowner there will be a comparatively fewer number of available homes for sale when and if you elect to sell. As we’ve seen in a number of real estate markets throughout the country, high demand combined with a smaller supply creates a proverbial “seller’s market.” So, if the expert predictions are correct and home values continue to rise – even with modest rate increases – your Aledo home will likely appreciate in value at a higher rate than in many markets across the United States. Of course, as we always like to say, in real estate – just like in life – there are no guarantees. However, we like Aledo’s chances!
Speaking of guarantees, we guarantee your interest in Aledo homes for sale will be handled efficiently and promptly by our professional staff of agents and support personnel. Our experienced, qualified agents are experts in Aledo area homes and neighborhoods, and we’re available at your convenience to meet and discuss your family’s home needs.
Call us today at 1-866-761-5217 and let’s get started. We look forward to meeting you and working for you in our common goal of finding the home that’s just right for you and your family.