Neighborhoods for Smart-Sizing: Luxury Lock-and-Leave in Dallas
June 4th, 2014 | by The Update
Low inventory and rising prices are motivating many sellers to trade their large family home for a lock-and-leave lifestyle. We asked expert agents to give us their insight on details and neighborhoods that matter most to people who don’t think of it as “downsizing” but as looking for a new adventure.
Across the board, agents tell us that clients in their post-parenting years want everything but the extra space. They still want a great location near family, friends and the lifestyle (shops, dining, entertainment) they love but without the square footage and extras like yard work or pool maintenance.
Many are looking to stay in established neighborhoods such as Lakewood, the Park Cities, Devonshire, Northern Hills, Northern Heights, Glen Lakes, Knox-Henderson, West Village and along the Katy Trail. They’re buying or building smaller homes, sometimes in areas zoned for zero-lot lines, but they insist on favorite amenities such as wine storage, designer finishes and outdoor living. Smart-sizers want at least three bedrooms and a media/game room so that the grandchildren can come to visit.
6419 Glenrose Court | Lakewood | $767,500
4217 Bryn Mawr Drive | University Park | $1,325,000
5722 W. Hanover Avenue | Devonshire | $839,900
Gated neighborhoods such as Lane Park or Caruth Hills & Homeplace offer a great sense of community and peace of mind for those who travel extensively.
Those craving a new adventure are also moving up to vertical neighborhoods in Uptown, Downtown, Preston Center and Park Lane. These mid-rise and high-rise homes come with great views and concierge amenities such as valet and car service and onsite fitness centers, yoga studios and meeting rooms.
Whether looking for a new home in a familiar place or a whole new change of scenery, an expert agent can help you sort through the options and choose the best home for the next phase of life.
What’s it like to live the luxury lock-and-leave lifestyle? Watch this video.
For more luxury homes, see briggsfreeman.com. Click here to see the latest in real estate news. CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with six offices in Dallas, Uptown, Lakewood, Ranch and Land, The Ballpark and Southlake.