How Zoning Can Impact Property Values
How important is the zoning of a property? When an appraisal is performed on a property whether the property is residential or commercial, a part of the appraisal process is to determine the zoning of a property. Then an appraiser determines if the zoning is considered to be a legal use, an illegal use, a legal nonconforming use (grandfathered use), or if there is no zoning at all. What is Zoning? Zoning is defined as: The public regulation of the character and extent of r
Market Update for Collin and Denton Counties
Allen Event Center in Collin County The North Texas markets have been experiencing population growth, especially the Collin and Denton County markets. Collin and Denton County are neighboring counties north of Dallas and Tarrant counties in the DFW area. The population of Collin County has increased 71% since 2000 with a current estimated population of 854,778. The popluation of Denton County has increased 66% since 2000 with a current estimated population of 728,799 (US C
January Newsletter
It has been a very busy start to our new year! We hope that your 2016 has been off to a great start. Here is this month's look at our local markets: Denton County Median Sale Price: January 2016- $232,125 December 2015- $248,500 January 2015- $216,440 Down 6.58% from last month; Up 7.24% YOY Collin County Median Sale Price: January 2016- $251,000 December 2015- $268,953 January 2015- $239,000 Down 6.52% from last month; Up 5.02% YOY Cooke County Median Sal
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