12/10/18 4:00pm

Our Steal: Clay Stapp with Clay Stapp + Co has listed 3699 McKinney Avenue Suite 586 for $479,900.

Two Uptown condos, high above the city, with fantastic amenities and views. The main difference? The price. If you’re on the hunt for an affordable Dallas crash pad in the heart of Uptown, we suggest two of Big D’s finest in our latest Splurge vs. Steal. Take your pick and let us know which one is your fave.

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12/10/18 10:45am

Rightsizing

We don’t just want to show you 31 Abbey Creek Way in North Dallas, Hawkins-Welwood Homes’ brand new, easy-living model at the beautiful Lawns of Glen Abbey. (Well, yes, it’s gorgeous!) We want to show you how to right-size — how to build a home with everything you want and need on a tighter footprint— at a CandysDirt exclusive expert panel discussion from 2-4 p.m. Wednesday, Dec. 12.

We have put our heads together to assemble a panel of right-sizing (or, if you prefer the old-fashioned word, downsizing) experts including builder John Hawkins of Hawkins-Welwood Homes, Allan Ross of WaaL.Architecture, and certified professional organizer Nancy Peham.

You can read more about it here, and snag your free tickets below. Come see us!


12/10/18 9:55am

 

University Park Luxury Transitional

Photography by Full Package Media

There is a great deal of new construction going on in Dallas, especially in the luxury home market. Guess who is doing it exactly right? CandysDirt.com Approved Builder Robert Elliott Custom Homes. Their University Park luxury transitional at 4328 McFarlin Boulevard hit the market last week, and it is everything luxury home buyers are looking for today.

Elliott worked with Brent Slocum of B.K. Design Studio to create a home that is not just beautiful, but also makes sense for a growing family. With 7,545 square feet, five bedrooms, five bathrooms, two powder baths, and zoned for Highland Park ISD‘s Bradfield Elementary, it doesn’t get better than this. It’s also on a large corner lot off of Armstrong Parkway, so plenty of room to add playscapes, toss a football, or put in a pool.

What caught my eye about this house, however, is the detail. Elliott and Slocum added in character and that sets this University Park luxury transitional apart.

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12/10/18 9:45am

Sunday may be a day of rest, but it seems that journalists, politicians, and Twitter never really rest, and that was borne out yesterday when Dallas city councilmember Jennifer Gates took to Twitter to air her feelings about a recent op-ed about Preston Center traffic woes that former Mayor and Preston Hollow resident Laura Miller wrote for the Dallas Morning News.

We were, of course, sitting up for this super straight. Because over at CandysDirt.com, we’ve been writing about Pink Wall/Preston Center shenanigans for years now, and our own Jon Anderson has been doggedly covering the issues Miller wrote about — to a different conclusion, natch — for years now as he covers PD-15. And before he picked up the baton, Candy was writing about it as well. Candy has also been transparent about owning property there, as does Miller (through her husband, Steve Wolens, who inherited an Athena unit) except she was not so transparent. And we were the first media outlet to report the terrible Preston Place condo fire in which a woman lost her life.

Miller wrote in the Dallas Morning News about the prospects for the Pink Wall and Preston Center (and that interchange), and then said this:

“On the other side of Preston Center, council member Jennifer Gates and Plan Commissioner Margot Murphy have been pushing for 18 months to up-zone the 12 acres in and around the Athena and Preston Tower so developers can demolish four low-rise condo complexes and replace them with rental-apartment towers as high as 25 stories. Hal Anderson, who designed and developed the iconic Pink Wall community 60 years ago — one of the last fully owner-occupied, tree-lined, condo communities in Dallas — would be heartbroken.”

And that was news to a lot of people, including Jon (more on that in a minute), who not only lives at The Athena but has been faithfully covering the meetings surrounding the issue for years, and, apparently, to Gates, who took to Twitter to insist she hadn’t taken a position, and in fact had been seeking neighborhood input

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12/10/18 9:30am

Proposed Oakland A’s stadium. Source: Bjarke Ingels Group

I was in Silicon Valley last week while plans for the new Oakland A’s ballpark were revealed. Between the numbers and images flying around, I got to thinking about Rangers’ stadium taking shape in Arlington.

I’ll stop right here and say that the last baseball game I attended was a Chicago Cubs’ game (against lord knows who) in the late 1980s (I was a plus-one good friend). I’ve never cared for sports or the foam-fingered, face-painted, booze-sopped civic pride they engender.  So please don’t take this column as some sort of shot at baseball – this is about creating useful architecture.

First, it’s interesting that the in-person audience for professional baseball appears to be shrinking. Ranger’s Stadium is slimming from 48,114 seats to an estimated ~42,000. The Oakland A’s are also proposing a smaller, 34,000-seat stadium – their current digs seat 63,000 and were shared with the departing Oakland Raiders.

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12/10/18 9:15am
cedars

The Cedars Collection’s Park Plaza project, located at 2000 Park Ave., will offer 13 units at a $399,000 price point.

In the beginning, the Cedars was a bustling community that was also a Dallas hot-spot — and it remained so from its beginning in the 1870s until the 1920s, as the more wealthy denizens of the neighborhood moved on. By the 1960s, the neighborhood took a hit from progress, as homes saw the wrecking ball to make way for highway projects. 

But the area is having a bit of a renaissance. The artists, musicians and longtime residents of the Cedars will tell you that it’s always been percolating. But once again, new development is beginning to sprout, and the area is attracting new businesses, too.

Some of that burgeoning development comes courtesy of the Cedars Collection, which is working to take its substantial land holdings in the neighborhood and turn it into walkable development with townhomes, condos, apartments, live/work spaces, and retail space.

We wrote last week (in our CandysDirt.com Open Houses of the Week feature) about the group’s first project — Hickory Vista, where there is one townhome remaining.

The view of the city skyline from the rooftop deck at the Hickory Vista project.

But Coldwell Banker Realtor Courtney Michalek told us that she’s also  now pre-selling their upcoming 13-unit project at 2000 Park Ave., where the homes will sell for $399,000.

The Park Plaza Project

She’s also holding a broker’s open house at the Park Plaza project Tuesday, Dec. 11, from 10:30 a.m. to 12:30 p.m., where brokers can come hear about the Cedars Collection plans for the neighborhood, as well as get the skinny on the pre-sale, and even have some breakfast (they’ll have donuts, coffee, and mimosas).

But before then, we got a little bit of the scoop, courtesy Brian Jennings of Charter Investments, who is one of the developers for the Cedars Collection. (more…)

12/10/18 9:00am

slowdown

Where did Dallas fall in a list of metro areas experiencing a market slowdown? How did home sales in Dallas and Fort Worth compare to statewide numbers?

We have all this and more in this week’s roundup of real estate news.

DALLAS IN TOP 10 METROS EXPERIENCING BIGGEST SLOWDOWNS

After a spate of headlines about a slowdown — or even sputter — in the housing market, Realtor.com took a look at the 10 metro areas experiencing the biggest shifts. On the list, Dallas comes in at No. 8.

“To be clear, prices aren’t always dropping in these places, which are predominantly located on the West Coast,” the piece reiterates. “Mostly, they’re decelerating, coming back down to earth. So bargain hunters can put their wallets away.”

However, the report also says that things like surging amounts of inventory and number of days on market could also signal market adjustments are happening — list prices rose this year (from October 2017 to October 2018), but only by 7.3 percent nationally, less than the 10 percent increase in 2017.

“There’s a rebalancing that needs to happen,” says Freddie Mac deputy chief economist Len Kiefer told Realtor.com. “Prices have risen so high in some of these markets that it’s very tough from an affordability perspective [for buyers]. … It’s not surprising to me that we’re seeing a little bit of a leveling off.”

In other words, the bubble isn’t popping — but the bathwater is leveling. (more…)

12/09/18 9:36am

Prosper real estate

Yes, former Dallas Cowboy Deion Sanders‘ $14 million dollar home is located in the northern Collin (and Denton) County suburb of Prosper, as well as the impressive homes of a dozen other notable athletes, but this 22,000-resident suburb is so much more than that. This bustling town’s inventory of single family homes counts more newly constructed homes than existing homes with a median price of $453,276. In this week’s Suburb Sunday, we explore three great in the fast-growing market of Prosper real estate.

YOU CAN TOUR THIS MEDITERRANEAN TODAY

Address: 4221 Glacier Point Court

  • Five bedrooms, six baths
  • 6,176 square feet
  • $1,599,000

Today’s the chance to tour this gorgeous 2016-built Mediterranean transitional home in Whitley Place from 1-3 p.m. Sunday, Dec. 9. Beautiful light- and dark-wood floors draw you into the living room with exposed wood-beam ceilings, stone fireplace, and picture windows. The chef’s kitchen boasts two large islands, top-of-the-range Thermador appliances and refrigerator. The master suite overlooks the backyard and opens up to a spacious bathroom with beverage center, double vanities, and large walk-in closet. One bedroom/study is located downstairs, and three bedrooms are upstairs, each with en-suite bathrooms and easy access to the large game room and media room. The backyard boasts a dining and living area, outdoor kitchen, fire pit, seating area, and play set with tree-lined views. (more…)