Uptown Dallas real estate is incredibly desirable right now. Located just north of the downtown area, Uptown is known for several things: highly educated residents, gorgeous new condos, and being the best place to work. Commercial real estate in Uptown Dallas is some of the best in the state, attracting new businesses daily.
Keep reading if you’re considering Uptown Dallas real estate for your next home or investment property. This area has a ton to offer you and will continue to grow in the coming years.
A variety of available homes
When looking at Uptown Dallas real estate, you will see a good mix of options to consider. Many available properties are condos, often above commercial real estate in Uptown Dallas. This can benefit residents because there’s almost nothing better than not having to leave your building or block to grab a coffee in the mornings or dinner at night.
There are also some lovely single-family homes available. Unfortunately, these are often exclusive and hard to find, so if you have your heart set on a single-family home, Uptown Dallas real estate will be far more expensive. However, this is worth it for many families for the incredible location.
New and beautiful condos
Uptown Dallas real estate is known for being beautiful. Many single or young married professionals turn to condos in the area instead of looking outside for more affordable single-family homes.
Condos are great for many reasons, the most significant being maintenance. Regarding Uptown Dallas real estate, you may get more space in a single-family home, but you have to hire someone to maintain your lawn, handle all outdoor repairs, and much more. With a condo or apartment, the HOA does all of that for you. Therefore, you get to spend your Saturday afternoons enjoying Uptown instead of mowing a lawn.
Single-family homes
While they are rarer, single-family properties exist among Uptown Dallas real estate options. These are often townhomes, so while you are still sharing walls with your neighbors, you have no one above or below you.
The actual single-family homes available in Uptown Dallas real estate are an interesting mix. Many are older homes, built and established in the neighborhood before much of the commercial real estate in Uptown Dallas appeared. These homes, often built between the 1920s and 1950s, are relatively rare and highly desired.
More commonly, buyers will look at newer, modern luxury builds. These homes started popping up in the last five to 10 years and feature many high-end glass and metal luxury touches. If you want the best of the best and need to be by commercial real estate in Uptown Dallas for work, you should look at these homes.
Rising home values
Dallas is growing, and it’s growing fast. Between July 2020 and July 2021, the Dallas-Fort Worth area saw the largest population gain of any U.S. metro area, and the growth isn’t projected to slow down anytime soon. While much of this growth is happening in the suburbs, Uptown Dallas real estate is where people come to work.
A high-rise is just one of the many projects in the area, set to be completed in 2024. This project is more than 300,000 square feet of commercial real estate, including state-of-the-art office buildings, a third-floor pool, and underground parking. With 200 new rental units for offices, there will be a huge need for workers to fill those offices.
Projects like these bring even more commercial real estate to Uptown Dallas, and the workers will want to live nearby. Whether you’re looking at condos or single-family homes, there’s no question that the Dallas area will continue to grow in the coming years, and more people will want to live in the Uptown neighborhood. So, your investment in Uptown Dallas real estate will surely pay off.
Rented homes
When it comes to Uptown Dallas real estate, most homes are rented instead of owner-occupied. Homeowners occupy approximately 1,500 of the houses in the area, while renters rent more than 6,000, or about 80% of them.
That rate is significantly higher than the national average, only about 36% in 2019. The difference is due to several factors, including a lack of homes on the market. Commercial real estate in Uptown Dallas is going up as fast as possible, but condos, townhomes, and single-family homes are still lagging.
That rate is significantly higher than the national average, only about 36% in 2019. The difference is due to several factors, including a lack of homes on the market. Commercial real estate in Uptown Dallas is going up as fast as possible, but condos, townhomes, and single-family homes are still lagging.
Interested in what’s on the market?
Dallas is experiencing a huge seller’s market and inventory crunch. Of course, this is happening in most major cities, but with how fast Dallas is growing, it is hitting our city particularly hard. This new development might feel discouraging if you’re looking at Uptown Dallas real estate and not seeing anything you love.
If you’re struggling, reach out to Courtney Tauriac today. Courtney has a few things that set her apart from other agents and help her make your Uptown Dallas real estate dream a reality.
For one, Courtney works with Compass, a high-tech real estate group that uses data to drive sales and marketing. As a result, you will get the absolute best, up-to-date information on the Uptown Dallas area, including all of the newest listings and access to pocket listings not yet on the market.
Courtney also knows the area well, with more than 15 years of experience specializing in luxury, historical, and new construction homes. Her yen for architecture and interior design sets her apart from other qualified realtors in the Dallas area. Courtney orchestrates virtually every aspect of your real estate search. She establishes marketing plans, consults on design, stages homes, and budgets restorations for historical homes. She understands the neighborhood better than anyone else and has the tools to get you into your dream home.
Whether it’s establishing a marketing plan for development, consulting on design, staging a listing to make it shine, or helping a buyer understand the full scope of restoring a historic period home, she orchestrates the most rewarding real estate experience possible.
If you’re ready to take the next steps, contact her today. Your Uptown Dallas real estate purchase doesn’t only have to be a dream.
If you’re struggling, reach out to Courtney Tauriac today. Courtney has a few things that set her apart from other agents and help her make your Uptown Dallas real estate dream a reality.
For one, Courtney works with Compass, a high-tech real estate group that uses data to drive sales and marketing. As a result, you will get the absolute best, up-to-date information on the Uptown Dallas area, including all of the newest listings and access to pocket listings not yet on the market.
Courtney also knows the area well, with more than 15 years of experience specializing in luxury, historical, and new construction homes. Her yen for architecture and interior design sets her apart from other qualified realtors in the Dallas area. Courtney orchestrates virtually every aspect of your real estate search. She establishes marketing plans, consults on design, stages homes, and budgets restorations for historical homes. She understands the neighborhood better than anyone else and has the tools to get you into your dream home.
Whether it’s establishing a marketing plan for development, consulting on design, staging a listing to make it shine, or helping a buyer understand the full scope of restoring a historic period home, she orchestrates the most rewarding real estate experience possible.
If you’re ready to take the next steps, contact her today. Your Uptown Dallas real estate purchase doesn’t only have to be a dream.