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smu real estate

SMU Real Estate

Southern Methodist University Real Estate

Welcome to the College Real Estate Page for Southern Methodist University in Dallas Texas. Many parents ponder whether they should buy or rent while their students attend college. For some the answer is to buy and for others the answer is to rent. College Real Estate hopes to help you find which is the right answer for you. Another great tool in helping you decide is our College Real Estate guide book that walks you through the entire process of buying student property. We hope you find this site useful and welcome any and all feed back. If you would like to be connected with a College Real Estate's exclusive Realtor in Dallas, Texas please visit our buying page. If you have decided that buying student housing is not the right answer for you and would like to be connected with a leasing specialist please visit our leasing page.

Southern Methodist University

Established in 1911 by the Methodist Episcopal Church, SMU now boasts a long legacy of high standards and over 100,000 alumni. That vision for “higher” standards is what led the University’s first president, Robert S. Hyer, to select “Harvard Crimson” and “Yale Blue” for the school colors. Higher education is what you should expect in attending Southern Methodist. Postgraduate Mustangs represent nearly 45% of the total 10,901.

Total average tuition, room and board $38,200/yr.

How’s the Dallas real estate market?

The median price for housing in Dallas in 2007 comes to $151,300. That amount would appreciate 17.78% on average after 5 years and 3.80% at the 1 year mark. Relatively moderate home price increases combined with one of the highest foreclosure rates in the country has investors from all over beginning to take notice of the opportunities in Dallas investment properties.

Also, the continued expansion of the George Bush Tollway and the DART (Dallas Area Rapid Transit system) should add to home values universally in the North Dallas suburbs, especially near to Love Field (close to campus) where the DART will have several routes.

Interested in leasing?

You’d be wise to start looking at least 45 days before the school start period. Strict-leasing codes and insanely high prices with fewer amenities send most students away from the University/Highland Park areas. Savvy students are heading about a mile east across the highway into Uptown where the selection is more plentiful, and exponentially more cost-effective.

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