Dexter, MI Real Estate Learn How to Buy a Home in Dexter, MI!
Buying a Home in Dexter, MI
There are two parts to finding the right home. One, it starts with finding a house that meets your needs. Second, it ends with a community you love living in. That’s why I recommend people move to Dexter, MI.
Below, you can get a quick glimpse at what it’s like to live here and what to expect when buying a home in Dexter, MI.
Homes for Sale in Dexter, MI
The most distinguishing feature you’ll notice with Dexter’s real estate is the extra amount of space and land each property provides. Compared to Ann Arbor, a home in Dexter will typically provide at least a half-acre of more land. It’s easy to find affordable homes that sit on 2-3 acres and still feature all the modern amenities you want. And the “extra space” theme doesn’t stop with the amount of land you purchase. Inside many homes, you’ll notice a greater emphasis on larger living areas and extra rooms to customize whichever way you want. So, if you’ve been looking for extra room in a home, I’d definitely recommend starting your home search in Dexter, MI.
Neighborhood Hot Spots
Westridge of Dexter ★★★★☆
Featuring modern and new construction homes, Westridge of Dexter is a great place for buyers looking for more space. Homes in this subdivision typically feature 3-4 bedrooms, spacious living areas, and open floor plans. Plus, the neighborhood rests along the Hudson Mills Metropark, giving you quick access to some of Dexter’s natural areas.
Dexter Crossing ★★★★★
We gave Dexter Crossing a 5-star rating for its convenient location to downtown and other shopping areas, as well as, for the new construction properties being built there. If you’ve been looking to build your own custom home, Dexter Crossing should be at the top of your neighborhood list. Offering affordable prices for new homes, it’s easy to find a home you’ll love.
The Preserve ★★★★★
Located near Greenoak Lake, the Preserve offers a picturesque setting for homeowners seeking the luxury of Michigan’s natural surroundings. It’s the perfect neighborhood to help you escape the hustle and bustle of the city, as neighborhood amenities offer plenty of activities to try and homes provide every comfort you could ever dream of. Some features you might enjoy include gourmet kitchens, lakefront views, and lavish master suites. Lots are available to build your own custom home.
Common Questions Buyers Ask
Q: How much can I afford to buy?
A: Your home affordability level is determined by a number of factors. These range from your capacity to pay monthly mortgage payments to your current debt ratio. In general, it’s advised that you don’t buy a house that costs more than 28% of your gross monthly income every month in payments. So, to get a general ballpark figure, take your monthly income and times it by 0.28 to see where you lie. Another way to figure out how much you can afford is to contact our local mortgage expert or you can get a quick estimate from Zillow.
Q: How large of a down payment do I need to put down?
A: Every mortgage lender will suggest a different rate (depending on your financial status). Ordinarily, you should try to put down at least 20%, but for certain buyers, there are exclusions. For example, first-time homebuyers can sometimes put down as little as 3%. The catch-22 is that you have to pay premium mortgage insurance (PMI), so it could cost you a little bit extra money.
Q: Where should I start looking for a home?
A: I always suggest starting from the top and working your way down to the bottom. Research which cities are best, then move onto neighborhoods or town areas. Once you’ve settled on a community, then narrow your search by homes. If you need help figuring out where you should focus your time, feel free to contact us by clicking the button below:
- #6 Best Places to Live (2005)
- #11 Best Green Cities
- #12 Most Competitive Public Colleges
- #8 America’s Best Cities for Dating
Dexter Culture: Doing Life Different
Have you wanted to live in a city that is different from all the rest? Then it’s time to find the right home for you. Spend some time and get to know what Dexter has to offer. Real estate opportunities are always waiting. If you need help finding the right house, please don’t hesitate to contact us.