[BMW_TT]

Originally Posted by wuufer001

2 blocks then i'm in grapevine

How is that area? I'm looking for a place right now.

[wuufer001]

Originally Posted by Eric@PYSpeed.com

You can bury a David Ortiz Jersey under your home... just like the New Yankee Stadium.... hahhaaa

wheels supposed to arrive today

Originally Posted by BMW_TT

How is that area? I'm looking for a place right now.

coppell is totally new to me.
i used to stay at the arlington/grand prairie area now moving up there because i am working by the airport. haven't a a chance to scout around yet though. i'm pretty sure its a good place as i've heard from many people including the ISD

[Blake]

Originally Posted by BMW_TT

How is that area? I'm looking for a place right now.

move to uptown/M-streets. lots of stuff to do

[shahsk30]

Originally Posted by Blake

move to uptown/M-streets. lots of stuff to do

+1

[wuufer001]

Originally Posted by Blake

move to uptown/M-streets. lots of stuff to do

Originally Posted by shahsk30

+1

uptown is $$$$?
didn't get to check out that area, too freakin far from my work

[Blake]

Originally Posted by wuufer001

uptown is $$$$?
didn't get to check out that area, too freakin far from my work

what's $$$$? you can find houses from $300k to multi-millions. there are brand new badass townhomes everywhere that are sitting idle. deals to be had on them. but if you want a house, the price range above applies. i just like the area...there's tons of fun things to do and everything is within a couple blocks.

[yomama69]

Originally Posted by Blake

what's $$$$? you can find houses from $300k to multi-millions. there are brand new badass townhomes everywhere that are sitting idle. deals to be had on them. but if you want a house, the price range above applies. i just like the area...there's tons of fun things to do and everything is within a couple blocks.

You're assuming he can afford a 300K house.

[Blake]

Originally Posted by yomama69

You're assuming he can afford a 300K house.

and go just a little farther east in lakewood/lake highlands, there is cheaper.

[yomama69]

Originally Posted by Blake

and go just a little farther east in lakewood/lake highlands, there is cheaper.

I prefer to stay in Austin with the rest of the weirdos and all of the fine 6th street drinking establishments. Y'all can have the Metroplex.

[wuufer001]

Originally Posted by Blake

what's $$$$? you can find houses from $300k to multi-millions. there are brand new badass townhomes everywhere that are sitting idle. deals to be had on them. but if you want a house, the price range above applies. i just like the area...there's tons of fun things to do and everything is within a couple blocks.

i see what you mean, but damn if i were to live there, i won't stand they daily commute to work.
if my job was somewhere uptown i'll buy a house there without thinking with that price you stated. the price for this house now is staggering and hope it'll be worth it. in couple of years. i have already checked again and the price already went up 10K 2 weeks after i signed so i guess its going the right way

[BMW_TT]

Only thing I see in that neighborhood that I don't like is the houses are not full bricks.

[wuufer001]

Originally Posted by BMW_TT

Only thing I see in that neighborhood that I don't like is the houses are not full bricks.

same problem here.
so i asked them to to full brick on mine

[bolinp78]

Originally Posted by Blake

what's $$$$? you can find houses from $300k to multi-millions. there are brand new badass townhomes everywhere that are sitting idle. deals to be had on them. but if you want a house, the price range above applies. i just like the area...there's tons of fun things to do and everything is within a couple blocks.

There's a reason that there are tons of townhomes sitting idle.

In a down market, they are the last things that people want. Of course they look "badass", they are brand new, with the 'coolest looking' construction and materials. This does not make them a good investment, however. Compared to a single family home, they are a much 'riskier' investment, and it better be an up-market when you look to sell it one day, otherwise good luck.

At least in the DFW area right now, I'd highly recommend that you stay away from the townhouse/condo market unless you REALLY know what you are getting into and why.

[bolinp78]

Originally Posted by Blake

and go just a little farther east in lakewood/lake highlands, there is cheaper.

I just bought my first house in Addison.

It's a great place. Homes hold their values and appreciate very well there in comparison to the rest of the area.

You'll live near Beltline Rd, which has tons of unique restaurants and bars.

And it's much cheaper per square foot than homes 2-5 miles south, more in the 'old' Dallas area. Plus the houses, for the most part, are much newer. Most of the houses located north of Northwest Hwy, south of 635 are older homes.

Yes, you have to factor in the Tollway cost, because in order to get to Dallas (uptown specifically) you really need to take the Tollway unless you want a detour. It's not too expensive though, and in my opinion, worth it.

[Blake]

Originally Posted by bolinp78

There's a reason that there are tons of townhomes sitting idle.

Because in a down market, they are the last things that people want. Compared to a single family home, they are a much 'riskier' investment, and it better be an up-market when you look to sell it one day, otherwise good luck.

At least in the DFW area right now, I'd highly recommend that you stay away from the townhouse/condo market unless you REALLY know what you are getting into and why.

i completely agree, but the only reason i mentioned that is because you can really get a steal on one with minimal bargaining. i almost bought a brand new contemporary townhome in the M streets area...it was 3500sq ft, garage, yard, rooftop deck with downtown views...by all accounts, a nice place. it was originally listed around 450, but they're selling in the 2's now. these builders flooded the market with townhomes and condo's (esp in downtown) and it's come back to bite them.

[Blake]

Originally Posted by bolinp78

I just bought my first house in Addison.

It's a great place. Homes hold their values and appreciate very well there in comparison to the rest of the area.

You'll live near Beltline Rd, which has tons of unique restaurants and bars.

And it's much cheaper per square foot than homes 2-5 miles south, more in the 'old' Dallas area. Plus the houses, for the most part, are much newer. Most of the houses located north of Northwest Hwy, south of 635 are older homes.

Yes, you have to factor in the Tollway cost, because in order to get to Dallas (uptown specifically) you really need to take the Tollway unless you want a detour. It's not too expensive though, and in my opinion, worth it.

well it just depends...that's a pretty broad corridor you're talking about, which includes preston hollow, bluffview, and other prominent neighborhoods. i did live in addison for 2.5 years before i moved back to university park here, and there's nothing wrong with it, but i just found myself getting sick of the same ole same ole in addison. yes, the property values are much cheaper, but i just found myself driving here way to much for nearly everything that i did. it's just a matter of lifestyle, really.

[bolinp78]

Originally Posted by Blake

i completely agree, but the only reason i mentioned that is because you can really get a steal on one with minimal bargaining. i almost bought a brand new contemporary townhome in the M streets area...it was 3500sq ft, garage, yard, rooftop deck with downtown views...by all accounts, a nice place. it was originally listed around 450, but they're selling in the 2's now. these builders flooded the market with townhomes and condo's (esp in downtown) and it's come back to bite them.

Yep. I'm not saying that you should absolutely say No to the idea, but you are correct, they were grossly overbuilt in a lot of areas. A potential buyer better be sure of the area and it's potential to grow over time, because if you buy in a 'trendy' area that doesn't pan out development-wise, or the townhome complex cannot sell all of the units (which devalues your property at no fault of your own), or any other number of factors, you will lose a lot of your money when you look to sell. They always look sexy when you first tour them, because yes, they are new and schweet looking.

It's really sad how overbuilt they are in uptown and around the Galleria area. Hopefully the plan to revamp the latter area will pan out in the next few years.

Oh yea, and it's crazy the incentives that they throw at you to purchase a unit. hah

[Blake]

Originally Posted by bolinp78

It's really sad how overbuilt they are in uptown and around the Galleria area. Hopefully the plan to revamp the latter area will pan out in the next few years.

well all these developers tried to go for the people stacked on top of people thing and that lifestyle just isn't very dallas at all. everyone wants a house with a big yard, etc. because that's feasible for anyone in dallas. we've got virtually unlimited growth potential in dallas (hell, all over texas), which is why the cost of living is so low.

[BMW_TT]

I've actually been looking at townhomes in Carrollton near Josey and 190.

[Blake]

Originally Posted by BMW_TT

I've actually been looking at townhomes in Carrollton near Josey and 190.

NO! definitely don't do that. you'll never be able to sell that thing...or at least it will take you a year to sell it. if you're looking in that area, there are thousands of houses for sale. you'll probably be better off buying a house anyway...more space, etc.

[BMW_TT]

I was looking at Frisco.

I won't sell the place until 3-5 years if I do get it.

[BMW_TT]

2000 sq ft for 180-190k with upgrades is not too bad