Celebrate extraordinary in this video tour of some of Dallas, Texas’s most stunning homes on the market.
Tag Archives: new homes
Real Estate Center
September 10, 2010
WASHINGTON, D.C. (Realtor Magazine-Daily) – Nearly one-third of new construction projects in the United States qualify as “green,” up from 2 percent in 2005, according to McGraw-Hill Construction.
The green category is obtained by becoming LEED-certified.
LEED, which stands for Leadership in Energy and Environmental Design, is the building rating system developed by the U.S. Green Building Council in 1998 to encourage environmental awareness. Buildings that acquire LEED certification demonstrate high standards in construction, operations, maintenance and have an environmentally conscious design. Becoming certified can add almost 4.7 percent to the cost of a project, according to studies by the University of Michigan. In return, these buildings can yield annual savings of approximately 20 percent – or more – on energy use.
For a peek into a LEED certified home that is on the market in Dallas’ coveted Highland Park neighborhood, check out this photo gallery. 3601 Euclid has received three ARC awards for outstanding construction and has Silver LEED certification.
Do you need to know what the population breakdown was last year in Fort Worth? How about the cost-per-acre of development land in Corpus Christi? Curious about how the number of residential building permits in Dallas last year compared with those in previous years?
You’re in luck.
The Real Estate Center’s 2010 Market Reports, now available on the Center’s website, contain this information and so much more.
A report is available for each of Texas’ 25 Metropolitan Statistical Areas. I have downloaded the Dallas-FortWorth-Arlington report and I’m studying it now.
Here is an article from the DMNews by Steve Brown that shows area home prices actually INCREASED 1.4%. I’ve had several clients call to say they are ready to start looking or get their house on the market. My open houses were crazy busy Sunday – things a really looking up.
From a MarketWatch article:
Paul Cardis, CEO of AVID Ratings Co., which conducts an annual survey of home-buyer preferences, said there are 10 “must” features in new homes:
- Large kitchens, with an island. “If you’re going to spend design dollars, spend them where people want them — spend them in the kitchen,” McCune said. Granite countertops are a must for move-up buyers and buyers of custom homes..
- Energy-efficient appliances, high-efficiency insulation and high window efficiency. Among the “green” features touted in homes, these are the ones buyers value most, he said. While large windows had been a major draw, energy concerns are giving customers pause on those, he said. The use of recycled or synthetic materials is only borderline desirable.
- Home office/study. People would much rather have this space rather than, say, a formal dining room. “People are feeling like they can dine out again and so the dining room has become tradable,” Cardis said. And the home theater may also be headed for the scrap heap, a casualty of the “shift from boom to correction,” Cardis said.
- Main-floor master suite. This is a must feature for empty-nesters and certain other buyers, and appears to be getting more popular in general, he said. That could help explain why demand for upstairs laundries is declining after several years of popularity gains.
- Outdoor living room. The popularity of outdoor spaces continues to grow, even in Canada, Cardis said. And the idea of an outdoor room is even more popular than an outdoor cooking area, meaning people are willing to spend more time outside.
- Ceiling fans.
- Master suite soaker tubs. Whirlpools are still desirable for many home buyers, Cardis said, but “they clearly went down a notch,” in the latest survey. Oversize showers with seating areas are also moving up in popularity.
- Stone and brick exteriors. Stucco and vinyl don’t make the cut.
- Community landscaping, with walking paths and playgrounds. Forget about golf courses, swimming pools and clubhouses. Buyers in large planned developments prefer hiking among lush greenery.
- Two-car garages. A given at all levels; three-car garages, in which the third bay is more often then not used for additional storage and not automobiles, is desirable in the move-up and custom categories, Cardis said.