By Nikki Lott
Special Contributor

This Mother’s Day, buy flowers, do brunch, and then head to the 37th Annual Fairmount Historic Home Tour. Travel back in time and ooh and aah over all the incredible details like exposed beams, overhanging eaves and romantic wrap around porches.

There once was a time when we went outside, meet our neighbors and … talked. CAN YOU IMAGINE? Back then, you needed neighbors to get all the hot goss and a cup of sugar. Well, maybe that detail hasn’t changed as much, but over the years the architecture and craftsmanship certainly have.

Along the tour, you’ll see delicately restored bungalows, a few new old homes (INTRIGUING) and one home that’s in transition. A chance to see the progress in person? Yes, please.

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Devonshire

Our Splurge: 5630 Stanford Avenue, Dallas listed by Sam Sawyer of Compass for $1.649 million.

Dreaming of Devonshire? Yeah, us too. Tucked away in a lush little corner of North Dallas, Devonshire draws buyers who want to shop and dine on Lovers Lane, hit the Arts District downtown, or take a quick drive over to Preston Center for a bite to eat with friends.

Bordered by Lovers Lane, Northwest Highway, Inwood Road, and the Dallas North Tollway, many of the streets in Devonshire share the same names with those you’ll find in University Park. Think Stanford Avenue, Caruth Boulevard, West Amherst, and Greenbrier Drive. These tree-lined streets are filled with block after block of charming cottages, fabulous remodels, and newly built custom homes that will have you at hello.

This week, we found two exceptional offerings on two of Devonshire’s most iconic streets, each with a prime location and stunning interiors, but with price points that are miles apart. One look at these beauties and we think you’ll agree, there’s a lot to love about Devonshire.

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211 S Windomere Avenue, Dallas, Texas, is currently listed by Diane Sherman and Vinnie Sherman of David Griffin & Company Realtors for $449,500. Open House this Sunday, Sept. 23, 2 p.m. to 4 p.m.

Dallas preservationists take note — an incredible three-bedroom, two-full-bathroom Craftsman circa 1911 was just listed in Winnetka Heights for $449,500! Sited on a rare, interior full lot, with an extra half lot, the home affords an idyllic location on a premier block and is chock full of original architectural details.

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Here we go again: CoreLogic’s latest HPI report is telling us what our boots-on-the-ground Realtor sources already know. Fewer homes on the market has meant higher-than-average home price appreciation ahead of one of the most brisk times of year for Dallas-area Realtors. The spring selling season has been filled with cold calls and pleas from Realtors for homeowners who are on the fence about selling to just get off their duffs and do it.

But, while the limited inventory may be a pain in the posterior for those searching for the right home, it has had one side-effect worth mentioning: Market stabilization.

“Since the second half of 2014, the dwindling supply of affordable inventory has led to stabilization in home price growth, with a particular uptick in low-end home price growth over the last few months,” said CoreLogic chief economist Dr. Frank Nothaft. “From February 2014 to February 2015, low-end home prices increased by 9.3 percent compared to 4.8 percent for high-end home prices, a gap that is three times the historical difference.”

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