So many people are discovering that, while year-over-year home price increases are great indicators of high demand and a hot market, it’s making many great neighborhoods in Dallas less affordable. Homes in Merriman Park and University Terrace are being priced in the $300K to $400K range, and occasionally in the $500K range. You can’t get a decent-sized family home in Lakewood for less than $600K it seems, and homes in Lake Highlands are so hot that they barely stand a chance on MLS. And if you want to live in the M Streets? Well, good luck with that.
But with increasing prices in the more highly sought-after Dallas neighborhoods, some other hidden gems have become discovered. Take, for instance, this lovely three-bedroom, three-and-a-half-bath traditional in Highlands North for $359,000. It’s a true North Dallas home, and it has tons of great features that make it attractive to families who are bummed to find out that they can only get a postage stamp with one bathroom in their preferred neighborhood for that price.