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Posts Tagged ‘Highland Park’
Why we Love Beautiful Highland Park
Monday, March 21st, 2011Highland Park Luxury Homebuyers Seek Low-Maintenance Living
Tuesday, January 11th, 2011
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How to Choose a Custom Home Builder
Thursday, October 7th, 2010If you are considering custom homes, you may be wondering where you need to start in this process.
Highland Park custom homes are some of the finest real estate in Dallas, and homes in this area are both beautiful and architecturally significant. It is therefore important to consider all of your options regarding choosing a home builder.
In particular, your first order of business when considering Highland Park custom homes is to choose a reputable home builder. And here
Traditional Homes Prevail in Highland Park
Tuesday, July 6th, 2010Highland Park homes are known for their luxury, and they have developed a strong reputation for their traditional architecture. However, many new modern homes have begun cropping up in this once-traditional Dallas community.
The Rise of the Modern Home
Modern homes in Highland Park started to become a more common sight in the 1990s, as younger buyers with a keen eye for modern design began to make their way into this exclusive neighborhood of Dallas. As such, the market in Highland Park began to change ever so slightly. In other words, the dynamic of the Highland Park real estate market started to shift from a traditional-only marketplace to one of modern design, as well.
Highland Park does have its share of modern homes, but the overwhelming majority of homes in Highland Park are still of the traditional variety. For many years, many of the Highland Park homes were begin torn down and replaced with even larger homes. It was not common to see large estate-style homes being torn down and replaced with even larger homes.
The vast majority of homes still remain traditional in Highland Park, although searching for a modern home here may also yield some results.
Traditional Homes vs. Modern Homes
The trend appears to be that builder homes, regardless of the size, are traditionally replaced after 25 years in upper class areas such as Highland Park. What that means is that there is a potential for buyers to once again replace many of the older traditional homes with their modern counterparts.
It will also be likely that many buyers will keep a traditional home, but completely transform its interior to reflect a more modern feeling.
Many of the homes currently found in Highland Park include Mediterranean and Spanish Colonial homes from the 1920s. Beyond that time, many English, Georgian, Italian and French style homes have made their way into Highland Park.
If you can
Making Smart Choices when Purchasing a Highland Park Luxury Home
Thursday, February 18th, 2010
Highland Park luxury homes are a hot commodity as of late. If you are searching for Highland Park luxury homes then you may already understand the process of purchasing a luxury home. However, if this is your first time purchasing a luxury home, you may want to consider a few tips for smart purchasing:
- Redecorate before moving in – If you purchase a Highland Park luxury home and the home is not exactly what you want, you may want to consider redecorating or remodeling before you move in. Even Highland Park luxury homes need a little TLC once in a while and the entire process of redecorating or remodeling will go much smoother if you are able to complete your changes before you move into your new home. You won’t have to worry about construction inconveniences, noise and odor problems, and the general disorder redecorating or remodeling creates.
- Find an agent who specializes in luxury homes – Purchasing Highland Park luxury homes are not like purchasing other types of properties. In fact, they may come with a wide array of issues and stipulations, all of which are best handled by a professional real estate agent who is skilled in buying and selling luxury homes.
- Consider your financing options – The credit crisis of the past year has made it more difficult to finance larger properties. Called jumbo loans, loans for Highland Park luxury homes may be harder to snag, so it is best to check with a lender that specializes in jumbo loan to ensure you are a good candidate for this type of loan.
- Plan your move ahead of time (antiques, valuables) – Once you have purchased a Highland Park luxury home you will want to start thinking about your moving arrangements. You may want to consider a standard mover, as well as a mover who is skilled in moving antiques and valuables. Although this will certainly cost more money than a typical mover, you can feel rest assured knowing that your valuables are being well taken care of during the moving process.
Where do Luxury Homes stand in this Challenging Housing Market?
Thursday, January 14th, 2010If you’ve been sitting on the sidelines waiting for the prime opportunity to snatch up a real estate deal of a lifetime, you may want to stand up now.
Through all of the doom and gloom of the current housing market in Dallas, there’s one positive sign that most economists and real estate agents seem to be forgetting: now is a fantastic time to buy the home of your dreams.
Superb Real Estate within Reach
The Highland Park luxury real estate market, for example, is chocked full of exceptional homes that are much, much less than they were just a couple years ago. Can you get a steal in Highland Park? Perhaps not. But may you finally be able to afford a Highland Park home that, up until a couple years ago, was out of reach? Quite possibly.
The Highland Park luxury real estate market has more than a few homes priced to sell. If you have the money to invest into Highland Park luxury real estate, now may be your time to own a piece of prime real estate.
Nationwide Numbers
The change in luxury real estate is taking place all over the country. For example, the largest 20 metro areas in the United States sold 2,800 homes for more than $1 million in July of 2009, which was a staggering 50 percent decline from July 2005. Overall homes sales were down about 27 percent during this period, in comparison, according to the National Association of Realtors.
Home sellers of luxury homes priced $2 million or more were cutting the prices of their properties by about 14 percent in August, while the average homeowner cut prices by just about 10 percent during this time.
What does this mean for you, the buyer?
Well, to put it into perspective, you can expect to get about 20 percent more home for your dollar than just two years ago.
Home loan rates remain low, which is also an incentive to get in on that piece of Highland Park luxury real estate.
Residential Tear-Downs still a Hot Topic in Highland Park
Monday, December 21st, 2009Highland Park is arguably one of the most upscale residential areas in Dallas, if not the state of Texas. It’s no surprise that Highland Park luxury homes are highly coveted and sought after.
In fact, many Dallas professionals, and much of the Dallas elite, call Highland Park home. It is because of this that the land in Highland Park is just as valuable – or perhaps more valuable – than the homes.
Architecturally Significant Homes Continue to Dominate Highland Park
Tuesday, October 6th, 2009Highland Park, like many suburbs of Dallas, is well known for its upscale surroundings and estate homes. However, what separates Highland Park from many of the surrounding communities is the presence of some of the most architecturally significant homes in Dallas.
From estate homes to historic homes, there is a great array of architecturally significant homes which feature an unsurpassed level of architectural quality and significance. Therefore, it certainly comes as no surprise that homes in Highland Park are highly regarded as some of the finest homes not only in Dallas, but the entire state of Texas.
There have been many new home construction projects over the last, few years, but there are just as many historic homes which have been completely renovated, as well. Many of the smaller homes of Highland Park have also been leveled to make way for larger estates.
Perhaps it’s the convenient location to Dallas that has made Highland Park so desirable, or perhaps it’s because of the surrounding beauty that has prompted so many architects, home builders and buyers to build architecturally significant homes amidst the tree-lined streets and lush lots.
From the inception of Highland Park to the current time, many of Dallas’ most renowned architects have chosen Highland Park to complete their vision. As a result, this Dallas suburb features eclectic architectural styles such as English, French and neoclassical styles.
From restored historic homes to newer homes with an historic feel, the multi-million dollar properties of Highland Park are nothing short of spectacular.
Neighborhoods in Highland Park
- Old Highland Park – Bounded by Mockingbird Lane, Katy Trail, Armstrong and Preston Road
- Highland Park West of Preston – Bounded by Preston Road, Fairview, the Tollway and Mockingbird Lane
- Highland Park North of Mockingbird – Located on the University Park side of Mockingbird Lane
- West Highland Park – One-hundred-acre neighborhood with homes from the 1940s and 1950s. Located west of the Tollway.
A Taste of Highland Park Luxury Homes
Thursday, September 10th, 2009Premier homes are the name of the game in Highland Park.
Highland Park
Friday, May 29th, 2009Highland Park is, without a doubt, one of the most sought after locations in Dallas. From its extraordinary surroundings and award-winning schools, to its superb homes and excellent location, Highland Park offers Dallas residents some of the finest, suburban living in the entire Metroplex.
To give you an idea of the success of Highland Park, take note of the following statistics:
- Highland Park has seen a population growth of 2.18 percent from 2000 to 2009.
- While homes prices around the country came crashing down last year, Highland Park saw an increase of between two and 10 percent of its median home value of $825,550.
- The unemployment rate in Highland Park is just 7.3 percent, compared with an 8.5 percent average unemployment rate for the U.S.
Located just south of Dallas, in the Dallas-Fort Worth Metroplex, Highland Park enjoys a prime location near all of the business opportunities of Dallas. Although the proximity is close, there is something about Highland Park that makes one feel as if they’ve left the bustling city and entered a pocket of quiet, suburban solitude.
Highland Park consists of about 9,000 residents, most of which reside in spectacular homes and estates. In fact, Highland Park was ranked 60 by Worth magazine in its list of the country’s 250 Richest Towns.
In addition to all of the fantastic opportunities of downtown Dallas, Highland Park boasts many, fantastic shopping, dining and entertainment opportunities, including Highland park Village, a large complex of more than 80 shops, restaurants and offices.
The Homes of Highland Park
The real estate of Highland Park doesn’t come cheap, and for good reason. From the picturesque surroundings, to the close proximity to downtown Dallas the excellent school district, residents of Highland Park really do have it all.
Highland Park consists of large, newly built luxury homes, expansive estates and palatial properties, and luxury townhomes and condominiums.
Condos and townhomes can range from $200,000 to well over $1 million, while single-family homes and luxury estates can easily exceed $12 million.