Cedia Exhibit and Show Dallas, TX

Cedia Exhibit and Show
Dallas, TX

By Katherine Rodriguez
Special Contributor

We had the treat of attending the 2015 CEDIA Future Home Experience. And what an experience it was to get a sneak peek into the future of home technology.

The CEDIA expo is an annual convention showcasing the top trends in home technology. This year it was hosted at the Kay Bailey Hutchinson Convention Center. How cool is it that Dallas hosted such a techie and trendy event?

Steve Elliston over at Elliston Systems and Design gave us our access passes to 2015 CEDIA Future Home Experience. He’s one of the top smart home installers in the country.

“Spaces will continue to be designed interactively using smart phone and tablets to control smart technologies,” Elliston said. “Modern technology in home design is important, but we never want to distract from the aesthetic of the design. So we work hard to ensure the integrity of the space remains the same, but the technology increase efficiency and brings new life to the home.”

The showroom floor was incredible. Everything that goes into a smart home system was there (even products we didn’t know existed). Strolling through the awesome interactive booths, we learned tons of new ways tech is being integrated into the home.

With so many innovative solutions, it was hard to pick, but here is a breakdown of our favorites.

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The spec house at 6115 Desco Dr. will look similar to this. Photo courtesy Shoot2Sell.

The spec house at 6115 Desco Dr. will look similar to this, also built by LRO Residential Development.

Spec homes are a sign of strong builder and bank confidence in a market, as they are created without any specific buyer in mind, just the belief that one will be interested once it is completed. The higher the price tag, the higher the stakes.

In our inventory-parched market, homebuilder Les Owens, President of LRO Residential Development, has that confidence in the Dallas market, even at multi-million-dollar levels. He’s starting two spec houses this month, one in Preston Hollow for $3.15 million, and another in Devonshire for $2.2 million.

Both houses are available for customization, but Owens is breaking ground now and says he will complete them in late summer/early fall this year.

As we reported earlier this month, luxury home sales in Dallas-Fort Worth skyrocketed in 2014—those with prices of $1 million and up grew 15 percent year-over-year, the second highest sales volume in Texas (bested only by Houston).

Luxury home sales in DFW represented 1.2 percent of the market, and top-performing luxury brands are seeing more multi million-dollar sales in areas that have strong resale value and high existing demand.

“Established neighborhoods and homes of significance in coveted areas such as Highland Park, Preston Hollow, Greenway Parks, and The Volk Estates are desperately pursued, and the quality of the design continues to be a driving factor,” said Caroline Summers, a Briggs Freeman Sotheby’s agent. Jump to read about the houses and see photos!

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