(Sorry, got carried away there…)
(Sorry, got carried away there…)
The Wynnewood North neighborhood in Oak Cliff is a gem with so much to offer buyers, including convenient access to downtown Dallas.
With around 350 houses, the community is north of the Wynnewood Village Shopping Center and used to be farmland until 1913 ,when all 820 acres were purchased for future development.
Today, it is a thriving, family-friendly area with lot of trees, hills, and a scenic look. This week’s Splurge vs Steal looks at two houses in Wynnewood North. Which one is your favorite?
Private? Off MLS listings?
Tee hee we spill the beans…
We love bringing you an insider look at hot North Texas properties with our CandysDirt.com Open Houses of the Week column. Every Thursday, we pick three fabulous open houses in Dallas (and the ‘burbs from time to time) you shouldn’t miss.
This week, our houses range in price from $459,900 to $730,ooo. Take a look!
Just eight miles from downtown Dallas and a few minutes from Bishop Arts, a newly listed Kiestwood property impresses with its warm, spacious interior, potential for acreage, and great location in an established neighborhood.
The house at 3224 S. Ravinia Dr. sits on just over a quarter acre and the property backs to additional 1.75 acres that’s also for sale. It’s walking distance to Oak Cliff Nature Preserve and Kiest Park, so outdoor life is a big part of this property, too, which has four bedrooms, three bathrooms, two living areas, and 2,688 square feet on two stories, built in 1962.
It seems all the real estate disruptors are coming here, to North Texas, thanks to our healthy market. That’s why, today, a real estate platform called Bungalo is launching in Dallas and in Tampa, Florida. Bungalo focuses exclusively on the home-buying process and aims to give consumers a digital, streamlined, seamless i-buying experience. Hear them out: I think they have a LOT to offer.
For perspective, we told you that Opendoor snapped up Open Listings, giving the Bay area home-buying startup access to selling homes to those clients, circumventing the traditional home selling process. Opendoor also chose Dallas/Fort Worth as one of their first markets. Now, the company is exploding with growth.
Then last week, Knock came knocking, in North Texas, kinda sorta offering the same services.
But Bungalo is a little different. It focuses only on the buying side with something we have never seen: a guarantee on the fixer upper.
Promising “the first real estate platform to bring every step of the home buying process together in one seamless digital experience,” Bungalo (no ‘w’) empowers buyers to search, tour, finance, make an offer and close on a home all in one place. Yes, I said TOUR. Talk about streamlined!
“We have built a web platform allowing buyers to search homes and almost a Turbotax-type method of buying — super easy, super transparent,” says Greg Stewart, Bungalo’s Chief Operating Officer. “We are finally taking the guesswork and hassle out of the home buying process.”
Here is the Bungalo difference: every home on the platform is purchased by the company before you see it, then inspected and meticulously renovated, which means buyers have assurance they are moving into an updated, cleaned up, modernized space. Bungalo is doing the stuff most buyers don’t want to do. Plus the company offers a one year warranty on the house, which should put a lot of first time homebuyers at peace.
It’s no secret our market has simmered down from the overheated, boiling point frenzy of a year or so ago. And it’s not that the market isn’t healthy — according to multiple sources, the North Texas real estate market is among the healthiest in the nation.
But to be honest, as we always are, the homes going quickest are the sleek, modern new construction showpieces. This mod craze is something I hope buyers don’t regret in ten years, though the warm transitional moderns of 2018 are a huge improvement over the stucco mesas of yesteryear. My concerns are centered on some of the wilder variations on a theme to be found across our landscape: you know
who what the stuff I mean. Will those corrugated metal parts rust out? Will the stucco stain? Will the owners be screaming for brick or Texas limestone sheathing come 2028?
So when a traditional-appearing home at 3608 Lexington, on a street as coveted as Lexington Drive in the primo high price dirt vicinity of Highland Park, hits the market, I pay attention. I toured this home this summer, just before a smattering of travel, and decided to show it off when I was assured everyone was back in town. Because this is one you want to pay attention to.
I know what you are saying: it’s a Georgian, meh, give me a break. I will, until you turn the knob on that beautiful double front door, walk in and meet me in the bathtub…
I know, I know — we are a real estate blog focused on fabulous listings, deals, sleeper neighborhoods, fantastic agents and brokers, disruption in the industry, commissions, marketing your property, property taxes, and basically everything happening in the community that affects real estate values: yours, mine, and everyone’s.
But you simply must pay attention to what’s going on in the newspaper biz.
Many agents and brokers still, for some reason, insist on placing ads for their homes in weekly or daily newspapers despite research that shows it is no longer as effective a means of advertising as it once was. It’s the old school, blue-haired approach and more vitally, does it really help sell your client’s home? I know agents who still photo-copy newspaper articles and send them to me via snail-mail to “share.”
We live in a digital world, like it or not. And real estate news and information is being consumed digitally. That’s why I thought you would find this article so interesting: (more…)