This morning’s Ebby Alert contained a surprise. Prices at the Bleu Ciel (the next rich, rich, rich highrise in Dallas) are rising right along with construction. So if you’ve been fiddling and diddling about putting a deposit down, it’s gonna cost ya!
Originally the 158 units had starting prices of $700,000 for the smallest 1,373-square-foot units (or $509-per-square-foot). Today that ’07 unit (707 to be exact) on floors 7-27 lists for $805,000 (or $586-per-square-foot). This represents a 15 percent increase … for a property still under construction. No moss growing here!
Other (much, much) larger units have also taken a hike upmarket:
Unit 1501: A 4-bedroom, 4.5-bathroom stunner combining 1501, 1506 and 1507 with 5,835 square feet of sumptuous indoor space with 1,306 square feet of terrace. It was a bargain at $4.198m but as they say, “when you snooze you lose” and now lists for $4.585m. That’s a 9 percent rise from $719-per-square-foot to $786.
Figure 1: Unit 1501
Unit 2401: This is a straight-up ’01 configuration with 3 bedrooms and 3.5 bathrooms spread across 2,231 square feet of interior space and 520 square feet of terrace (not to worry, the bathrooms are inside). Its previous price was $1.893m but now rests 9 percent higher at $2.069m or $848-per-square-foot to $927.
Figure 2: Unit 2401
Unit 3004: Part of the “Vista Collection” on floors 28 though 30, unit 3004 combines a “typical” 3004 unit with half of the neighboring 3005 unit. This gives an owner 3,473 square feet of indoor space and (I’m guesstimating here) 1,000-ish square feet of terrace. For all you sleepy heads, the $3.465m sticker price has jumped to $3.795m — that’s a 9 percent bump from $998-per-square-foot to $1,083.
Figure 3: Unit 3004
The clear message at Bleu Ciel is to sleep no more. Unless you’re like me and furiously scratching yourself a lap full of grey metallic shavings from all those (so far) stingy, stingy lottery tickets.
Remember: Do you have an HOA story to tell? A little high-rise history? Realtors, want to feature a listing in need of renovation or one that’s complete with flying colors? How about hosting a Candy’s Dirt Staff Meeting? Shoot Jon an email. Marriage proposals accepted (as soon as they’re legal in Texas)! email@example.com