It’s been a while since a new condo project has happened in Cowtown (Rendering: Fender Andrade Architects)
It’s rodeo time in Fort Worth so it’s once again time to hype up the Cowtown moniker that has been bestowed upon the west side of the Metroplex. But don’t worry, we’re not a hick town. In fact, we are becoming quite “Moderne.”
That is to say, The Moderne, a 43-unit upscale condominium project in the upstart Linwood neighborhood, will soon be breaking ground in our fair burg.
If you haven’t been to Fort Worth in a while then you probably aren’t aware of the complete transition (or should we say gentrification … Fort Worth’s good at that) of the Linwood neighborhood.
What was once a blighted swath of land with a park in the middle of it located in one of the hottest areas of growth and commerce in all of Fort Worth — the West 7th Street development — Linwood took a massive beating in 2000 when the tornado came to town.
Built in 1928 but updated to 2019, you’ll find an amazing property at 2308 Winton Terrace West. (Photos: Trey Freeze Media)
It’s not easy to do. It takes time, patience, money, and certainly skill. I’m not talking about negotiating the government shutdown stalemate, I’m talking about perfectly mingling new materials and construction into an older home. What did you think I was talking about?
Think about it — most contractors want to simply tear down an older home and not mess with the hassle and painstaking fuss that comes with reviving it.
Beautiful barrel ceiling in formal living with upstairs catwalk
It’s also a tedious job, as many sizes of doors, windows, bathrooms and certainly closets were not up to the standard of savvy 2019 buyers.
When it’s done correctly, it’s a thing of beauty.
The Bow Tie Realtor will successfully predict tasty 2019 happenings in Tarrant County … buckle up
Before we look into the crystal ball for 2019, let’s take a quick look at the Bow Tie Realtor 2018 Tarrant County Predictions.
Prediction No. 1: Median Sales Price Will Rise
Correct Prediction — According to The Real Estate Center at Texas A&M University, the median sales price in 2017 for Tarrant County was approximately $217,000. The median sales price for Tarrant County in 2018 thus far shows to be $229,500. (Note: Stats for December 2018 have not yet been published.)
Sales in the Tarrant County luxury home market were fewer and further between…but they still happened
Prediction No. 2: The Luxury Market Will Be Slower
Sort of Correct Prediction — Statistics show that the average days on market for luxury homes priced $750,000 and above were about the same from 2017 to 2018. Ask any real estate agent in the with knowledge of that market and they’ll tell you sales definitely took longer. It felt that homes took an eternity to sell and went through a number of price reductions.
5117 Cantera Way in La Cantera has plenty of exercise options … should you desire. (Photos: Trey Freeze Media)
Welcome to 2019. Now get in shape!
- 4:45 a.m. – alarm goes off
- Get out of the warm covers
- Stumble around in the dark to find workout clothes – slam knee into side of bed
- Get into freezing cold vehicle
- Can’t find good radio station to listen to
- Drive to gym — hope not to get pulled over for speeding because you don’t have license with you
- Cold getting out of vehicle to gym
- Cold in gym
- Have workout
- Drive back to home — again hope not to be delayed by traffic or weather or anything that would take up more time
- 4:45 a.m. – alarm goes off
- Get out of warm covers
- Walk upstairs to warm gym where clothes are waiting for you
- Listen to your own jam
The first scenario can get a little old … trust me, it’s my typical Monday-to-Thursday routine. The second scenario can be yours at 5117 Cantera Way in the La Cantera gated neighborhood in Fort Worth.
[Editor’s note: Merry Christmas! This week, we’re taking time off to focus on our loved ones, so we are sharing some of our favorite stories from this year. Keep an eye out for our top features from the archives as we rest and get ready for a brilliant 2019! Cheers, from Candy and the entire staff at CandysDirt.com!]
Can you believe it’s almost gone? Another year in the books and almost 40 Tarrant County Tuesday blogs to digest.
As always, I hope you have enjoyed the journey around various homes, neighborhoods, trends, and happenings from your Bowtie Realtor. It is my goal not only to educate but to entertain and I love responses – whether positive or negative – because real estate inspires me and I want it to evoke a reaction in you as well.
In 2018 we touched a lot of subjects. We talked about the buyer’s market that Tarrant County is entering. We also learned how price per foot is an absurd and invalid way to determine the true value of a home. We even dipped our toe into public education and how that impacts home values and prices. Oh, what a year it’s been.
And here are a few winners from 2018 … enjoy.
The fireplace at 13809 Green Elm Road is a direct vent — so there’s no chimney for Santa to come down.
How does he do it?
How is Santa not only able to deliver toys to all the good little girls and boys of the world, but how does he manage to get down the chimney? I have so many questions for Santa. Does he have a favorite type of fireplace? What about a direct-vent fireplace? How does he handle homes with no fireplace?
Reviewing the homes of Tarrant County Tuesday from 2018, I wanted to share some of the vast options that jolly old St. Nick will have in a few short weeks.
While a tall flue , the actual fire box might be a tight squeeze for St. Nick at 312 Verna Trail
Two simple keys to success in 2019 for the real estate market
Don’t worry Tarrant County Tuesday readers, the Bow Tie Realtor will have a look in the 2019 crystal ball for some tasty prognostications before the ball drops.
The pendulum has swung. This was discussed earlier in Tarrant County Tuesday — the housing market in Tarrant County has become more of a buyer’s market than we have seen in many years.
Why A Buyer’s Market?
In real estate, a buyer’s market is when there is a surplus of homes available for sale. Homes generally take longer to sell, and prices tend to drop or only rise slightly.
There’s no exact reason why a seller’s market (like we’ve seen in Dallas-Fort Worth for past number of years) flips to a buyer’s market but here are a few common themes:
Among the trees and perched on hill sits 2201 Hidden Creek Road in Westover Hills. (photos: Trey Freeze Media)
You can change a number of features about a home. If you don’t like the brick on the exterior, simply paint the brick. If you don’t like the flooring, then head to your local flooring company. Counters, fixtures and appliances are very easy to change these days.
The only thing you can’t change about a home is location.
From the sky you can see all the privacy that comes with 2201 Hidden Creek Road
Yes this is another “location, location, location” Tarrant County Tuesday. If it’s location that you want, then location is what you’ll get at 2201 Hidden Creek Road in Westover Hills, Texas.