USGBC’s 2015 Green Building Economic Impact report found that the residential green construction market is expected to grow from $55 million in 2015 to $100.4 million in 2018, representing a year-over-year growth of 24.5 percent.

If you’re passing off eco-friendly home building as a trend that’s not worth the up-front investment, you might need to think again.

The University of Texas at Austin and the U.S. Green Building Council released a report finding that, not only are green homes worth more in resale, new homes in Texas built to LEED standards (Leadership in Energy and Environmental Design) command an 8 percent premium. Homes built to other green standards also sell at higher prices – 6 percent higher than conventional homes.

(more…)

Less than half of Dallas-Fort Worth residents can afford new homes in the region, according to the Dallas Builders Association.

Recent data from the Real Estate Center at Texas A&M University paints a pretty bleak picture for housing affordability in the Dallas-Fort Worth area. More than 100,000 new jobs regionwide netted just 30,000 new homes by the end of last year, according to stats from Meyers Research and the Dallas Builders Association. The median home price, thanks to the scarcity of new builds, jumped from $149,900 in 2011 to $232,000 in 2016. 

The end of the affordable new home is nigh, it seems. 

(more…)

Confidence among home improvement professionals is booming. After a quarterly survey of thousands of remodelers, carpenters, painters, plumbers and roofers, the HomeAdvisor Farnsworth Index reports that over three-quarters of those home improvement professionals feel highly confident in their business prospects over the coming year. The survey was administered between May 11 and May 26 to professionals in 13 categories. According to the survey, 77.5 percent of professionals expressed confidence that their businesses will grow in the next 12 months. Landscaping and mechanical companies foresee the most revenue growth.

The report tells us what we already know about this time of year. The number of home improvement projects rose this quarter, and professionals are busier than ever for spring and summer. According to HomeAdvisor, both the number and size of projects has increased in the first half of 2017. (more…)

It’s a sobering piece of data. In the last century, the average American home has grown by 74 percent, according to a recently released report by Property Shark. Furthermore, while the size of American families has decreased, our homes have only gotten bigger. Personal living space has increased 211 percent in the last 100 years. And as homes grew, our consumption and pollution grew, too. As a result, it’s putting a tremendous strain on the environment.

And wouldn’t you know it, Texas is leading the pack.

(more…)

KJ Custom Screens & Designs added 360 bug-free square feet to our house. We have another whole room, with solid floors and a hose.

“I think this is the smartest thing you have ever done,” he said to me.

This from my husband of 37 years. I have had two babies, raised them, helped him open countless medical offices, started a successful company, and run for Dallas City Council. Yet my husband swears that my idea to turn our porch into a screened-in paradise is the most brilliant idea I have ever had!

He is right. It is a screened-in paradise now, and a bug free paradise as well, all thanks to KJ Custom Screens & Designs. We built our house in 2000, and screened in porches were on my mind, but the technology was not there yet. We did build an expansive, covered porch off the breakfast room, complete with a real fireplace and grill. That porch has been the most used and probably most loved room in this house. It has held countless parties, and many late nights of memories for our kids as they conversed with friends, enjoyed the fireplace, and hung out. With a slate floor, I didn’t care about messes because they could be hosed down the next day. Research now shows that outdoor living is the highest priority on a home-owner’s list when they build a custom home. 

It’s just that nobody thinks about the mosquitoes.

(more…)

Just one look at that before-and-after, and it’s clear something pretty special is happening here. This stunning metamorphosis in White Rock Valley is the work of Richland Renovations. And behind Richland Renovations is the husband-and-wife team of Derek and Jennifer Kellogg. With Derek at the helm of construction and Jennifer, a Realtor with Nathan Grace, leading their real estate efforts, they’ve been transforming homes and lives together for over a decade.

Currently, Richland Renovations serves three hot Dallas markets. On top of the exquisite renovations for homeowners like this White Rock Valley property, they also buy properties, renovate, and sell them. If doing flips didn’t keep them busy enough, they also help clients searching for a new home envision the possibility in older, imperfect properties, and then bring those visions to life.

We caught up with the Kelloggs to talk the business of transformation and balancing busy careers and home life.

(more…)

Rear at Sunset

4926 Deloache Avenue Dallas, Texas – Currently offered for $14.5 million.

Are you one of the thousands of Dallas home buyers scrambling to find the perfect lot to build your dream home?  Despite the frantic land grab sweeping North Texas, there are still several area neighborhoods offering prime lots to build and buy, but where are they?

We went straight to the source – Tony Visconti, a third-generation homebuilder, and owner/president of Bella Custom Homes – for expert advice on finding the right lot.

“Right now, with all the growth in the Metroplex there are several hot areas. Preston Hollow is one of my favorites, along with Frisco, McKinney, Southlake, and Flower Mound,” says Visconti, builder of 4926 Deloache fame.

(more…)

Canadian_Lumber

Last week, the Trump Administration announced a new tariff of up to 24 percent on Canadian lumber. According to a report by CNN Money, Canadian lumber accounts for nearly a third of all lumber used in the United States, and the new duty could raise the price of homebuilding by six percent, on average.

“For builders, it’ll increase the cost of construction by about $3,000 on the average home, which unfortunately will be passed on to consumers,” said Jerry Howard, CEO of [the National Association of Home Builders].

Builders argue that higher prices will translate into a slowdown of construction activity that could cost 8,000 U.S. jobs and $500 million in lost wages.

How could a lumber tariff affect homebuilding in Dallas-Fort Worth? We reached out to John Scott of Scott Homebuilders for a clearer picture of how local trades and buyers could be impacted.

(more…)