Addison, TX Real Estate News

By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Counting (On) You - Part II - The Key Steps To Counting Every Person in the Nation. You count!  Before April 1, 2010, make sure you are counted! Part I covered the requirement of conducting the 2010 Census and the formation of the Addison, Texas Complete Count Committee. Now let's look at the 5 key steps to counting everyone in the U.S. Step 1: Between April and July last year (2009), census workers canvassed the country to update addresses and maps from the previous census.  I was surprised to see an old friend on my street, collecting information.   She had a short-term, part time job with the Census Bureau to help with this step.  This process is important because homes that existed 10 years ago may no longer be standing, and new homes may have been built.   Step 2: In March, more th...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison Texas Real Estate: Properties Sold in December, 2009 Address BR Bath Garage SqFt Built Pool CDOM $/SqFt Sale Price Proton Dr. (Condo) 2 1.1 1 984  1985  Y 28 $116.36  $114,500   Rive Ln. (Single Family) 3 3.0 2 1,522  1982  N 27 $142.58  $217,000   Evergreen Ct. (Single Family) 3 2.1 2 2,057  1993  N 83 $116.19  $239,000 Z  Asbury Ln. (Townhouse) 4 3.1 2 2,573  2009  N 32 $101.62  $261,464   Towne Lake (Townhouse) 4 3.0 2 1,894  1998  N 43 $149.58  $283,300   Azure Ln. (Single Family) 3 2.1 2 2,699  1991  N 14 120.49  325,200       BR SqFt CDOM $/SqFt Sale Price Min 2 984 14 101.62 114,500 Max 4 2,699 83 149.58 325,200 Average 3 1,955 38 124.47 240,077   Number of Properties: 6 Average Sales Price/SqFt: $124.47 *CDOM = Cumulative Days on the Market    Previous month: 8 sales (2 ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
MARKET UPDATE: Addison's Valley of Bent Tree Condominiums    7/1/09 - 12/31/09 The Valley of Bent Tree Condominiums in Addison, Texas at 16301 Ledgemont Lane are just north of Addison Circle, a hub of restaurants, entertainment and shopping.  As an Addison resident, you may join the Addison Athletic Club, open to all Addison Texas residents, for a one-time $10 fee for as long as you reside in Addison.   Close to major thoroughfares such as I-35, the Dallas North Tollway and 635, the Valley of Bent Tree Condos are ideally situated. There is currently only one unit for sale, priced at $61,900 and it has one covered parking space assigned. A  pool and tennis courts are in the complex.  There has been only 1 sale in the complex since July 1st, at $107.36 per sq. ft. (up from the average of ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
MARKET UPDATE: Addison's Midway Meadows Subdivision, Duplex Homes  7/1/09 - 12/31/09 (The single family homes in Midway Meadows are not included in this update.) The duplexes in the Midway Meadows subdivision in Addison, Texas are located one block south of Belt Line Road, west of Midway Road, within walking distance of restaurants, entertainment and shopping.  The following streets are in the duplex part of the subdivision:  Morman, Surveyor, and Sopras Circle. As an Addison resident, you may join the Addison Athletic Club, open to all Addison Texas residents, for a one-time $10 fee for as long as you reside in Addison.   Close to major thoroughfares such as I-35, the Dallas North Tollway and 635, the Midway Meadows duplex homes are ideally situated. There are currently 2 half-duplexes...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
MARKET UPDATE: Addison Place Subdivision in Addison Texas  7/1/09 - 12/31/09 The 175 single family homes in the Addison Place  subdivision in Addison, Texas are located just north and east of Addison airport at the intersection of Westgrove Road and Sojurn.  This area is south of Trinity Mills and west of Addison Road, within walking distance to restaurants and shopping.  The following streets are in the  subdivision (west to east):  Westgrove, Knots Landing, Planters Row, Upper Bay, Vinland, and Windward - note that with the exception of Westgrove, they are in alphabetical order. There are currently 3 homes on the market, ranging from $158,000 to $225,000.   Street Sq.Ft. BR Bath Gar Price             Vinland 1,571 3 2.5 2 $158,000 Vinland 2,075 2 2.5 2 $225,000 Planters Row   1,571 3 ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
MARKET UPDATE: Addison's Midway Meadows Subdivision, Single Family Homes  7/1/09 - 12/31/09 (The duplex homes in Midway Meadows are not included in this update.) There is currently 1 home on the market, priced at $210,000. There have been 5 sales in the neighborhood since July 1st, with $124.82 being the average price per sq. ft. (up from $114.32 six months ago).  Homes sold from a low of $176,000 to a high of $302,500.  The highest sale was at $146.63/sq. ft. (up from $130.76/sq. ft. six months ago).  Higher priced sales typically reflect updated homes. Please call me for a FREE MARKET ANALYSIS and  suggestions on getting your home ready to go on the market.  Now is a great time to sell because there is so little competition in the Midway Meadows subdivision! With only 57 active proper...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
MARKET UPDATE: Addison's Towne Lake Townhomes   7/1/09 - 12/31/09. There is currently 1 home on the market, priced at  $289,900. Another home is pending.There have been 5 sales in the neighborhood since July 1st, with $136.82 being the average price per sq. ft. (up from the average sales price of $131.62 six months ago).  Homes sold from a low of $265,000 to a high of $320,000.  The highest sale was at $150.65/sq ft (up from $131.62 in the previous 6 month period). Please call me for a FREE MARKET ANALYSIS and  suggestions on getting your townhouse ready to go on the market.  Now is a great time to sell because there is so little competition in the Towne Lake subdivision! With only 57 active properties on the market in all of Addison (23 are townhouses), this is the time to sell while i...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
MARKET UPDATE: Pecan Square Condos in Addison Texas  7/1/09-12/31/09 There are currently no units on the market in the Multiple Listing Service for the Pecan Square Condominiums.  There have been no sales in the complex since July 1st. If you are thinking about selling, now is a great time.  Please call me for a FREE MARKET ANALYSIS and  suggestions on getting your condo ready to go on the market.  Now is a great time to sell because there is no competition at Pecan Square! With only 57 active properties on the market in all of Addison (14 are condos), this is the time to sell while inventory is low!  Historical Perspective:      7/07 - 12/07 1/08 - 6/08 7/08 - 12/ 08 1/09-6/09 7/09 - 12/09 Lowest List Price $119,900 $99,500 $132,900 - $134,900 Highest List Price $125,500 $124,900 $132,...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Counting (On) You - Part I You count!  Before April 1, 2010, make sure you are counted! The U.S. Constitution requires a national census once every ten years to count the population residing within the United States. This is done for multiple reasons, including: determining the number of seats each state will have in the U.S. House of Representatives determining the boundaries for state and local legislative and congressional districts determining the yearly allocation of more than $400 Billion of federal money which is based, in part, on census data determining locations for retail stores, schools, hospitals, new housing developments, and other community facilities determining how a community is changing In July of 2009, Addison Mayor Joe Chow issued a proclamation calling for the form...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison Pacesetters Learn About Senior Adult Services at Dunn Bros. Coffeehouse Addison Pacesetters (the 50+ group) meet the first Wednesday of each month at Dunn Bros. Coffeehouse on Beltline Road and learn about the Town of Addison.  This month, Barbara Ball, the Information Coordinator at Metrocrest Senior Adult Services, spoke to us.  Here are some interesting tidbits from her presentation. The Metrocrest Senior Adult Services provides services to seniors, ages 60+ in Addison, Coppell, Farmers Branch and Carrollton. There are 3 case managers, plus volunteers. The offices have recently been relocated to RHD Hospital in the first building on the campus, near the Red Cross, One Medical Parkway, Suite #115, Farmers Branch TX  75234. Services are available to those in all income levels. ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
New School to be Built in Addison, Texas: Public Meeting Announced.   The second opportunity for citizens to learn more about the Dallas Independent School District's (DISD) George H. W. Bush Elementary School will be January 21, 2010 at 7:00 p.m. Construction is about to begin(first quarter of 2010). The site for the new school is on the southeast corner of DISD's Loos Field property on Spring Valley Road in Addison. The January 21st meeting will provide an update on: the design, construction schedule, selection of school administration, community involvement in the future PTA an opportunity for the public to dialogue with representatives of DISD and the architectural firm designing the school. DISD School Trustee, District 1, Dr. Edwin Flores, also plans to attend the meeting. The Add...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison's Resolution Run Addison Midday Rotary presents the 5th annual Rotary Resolution Run. January 16, 2010, starting at 7:00 a.m. Addison Conference Centre15650 Addison RoadAddison, Texas 75001 The run benefits The Mary Kay Foundationand the Addison Midday Rotary Foundation. The Rotary Resolution Run is the major fund raiser of the Addison Midday Rotary Club which meets Tuesdays at noon at the Crowne Plaza Hotel in Addison. 10k run starts at 8:30 AM 5k run starts at 8:30 AM 1k fun run/walk starts at 8:10 AM $20.00 early registration (through 12/26 at 11:59 PM US/Central) $25.00 registration (12/26 at 11:59 PM US/Central through 1/12 at 12:00 PM US/Central) About the Resolution RunCome join in the fun at the "world famous" Resolution Run celebration. There will be great live music an...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison Texas Real Estate: Properties Listed in December, 2009 Six homes came on the market in Addison, TX in December, 2009 (down from 8 last month). In addition to the homes below, there are another 43 that have been on the market for more than a month. Now is the time to buy!  If you are looking for an Addison home, call me!  Now is also the time to sell, while inventory is still low! New Addison Listings: December 2009 Subdivision Street Sq Ft Bed/Bath/Gar Price CONDOS         Aventura Addison Circle 1816 2/2/2 $269,000 La Mirada Proton 920 1/1½/1 $99,900 DUPLEXES         None this month         TOWNHOUSES         Townhomes of District A Seabolt 1665 2/2½/2 $239,500 Townhomes of District A Seabolt 1973 2/2½/2 $259,900 SINGLE FAMILY HOMES         Addison Place Knots Landing 1288 1/1½...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison 2010 Calendars. If you live in Addison, Texas, you should have already received your official Town of Addison calendar for 2010.  Each year, town employees and council members deliver the calendars to every home in Addison.  Each year there is a new theme.  Last year's I am Addison (complete with bumper stickers) has been replaced with We're Glad You're Here. (Sorry, no bumper stickers this year.) Every month is depicted with a photo of a person or couple with links to Addison because they live, work or play here. January B.L. Brady & Pat French* Addison residents & volunteers February Tom Lamberth Developer of Vitruvian Park March Landrie Bock Business Manager, WaterTower Theatre April Vincent Harvard Partner, Mercy Wine Bar May Dorian Isenberg Chef/Owner, J Dorian Chocolatier ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
From 75 Degrees to Snow in 24 Hours. There's a saying in North Texas: If you don't like the weather, wait a minute. Wednesday was sunny and 75 degrees. Thursday brought us wind, cold and snow! For only the 6th time in 111 years, the Dallas area has a truly white Christmas.  These are pictures from inside and around my Addison home.
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Absorption Rate Analysis for Addison, TX: December, 2009 One of the factors that determine how quickly your Addison home is likely to sell is absorption rate.  Price, of course, is also a major factor.  Based on the analysis of the number of homes currently on the market in Addison and the number of homes sold in the past 180, 90, and 30 days in Addison, the statistics show that approximately 7 homes will sell within the month. There have already been 3 sales reported so far in Addison in December with another 13 pending transactions.  Not all 13 will close this month, but if even half do, the absorption rate will show an increase. ADDISON: ABSORPTION RATE ANALYSIS     # of Current Active Listings: 66     Period:                                180 Days 90 Days 30 Days Total Inventory in...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
 Apartment Hunting in Addison? Try Post Addison Circle If owning a home in Addison isn't an option for you, check out the apartments at Post Addison Circle, a community offering a blend of European charm and modern urban vitality.  Located around Addison Circle, the apartment homes offer luxury, resort-style amenities, and a convenient location. With more than 400 (yes, 400!) floorplans, there is sure to be one that works for you.  Choices range from studios and townhomes, to multi-level lofts and traditional one, two, and three bedroom apartments. Community Amenities include:   Community / Clubroom Internet Cafe with flat-screen TV Outdoor Fireplaces Outdoor Grilling Areas Courtyards On-Site Fitness Club (in addition to the town's Addison Athletic Club - membership is one-time $10 fee ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison Fast Facts Here's a quick snapshot of Addison, Texas. 2008 Population: 15,300 Median age of Addison residents: 31.6 Median Addison household income: $48,566 Average Addison household income: $70,808 Number of Addison households: 7,621 Total employment in Addison: 45,650 Square miles in Addison: 4.3 Developable land remaining in Addison: 6% Housing units in Addison: owner occupied, 19.8%,  renter occupied, 80.2% Education level of Addison residents: 44.6% with bachelor's degree or higher Major employers in Addison:Affirmative Insurance HoldingsBarrett Burke Wilson & CastleConcentr Health ServicesPizza Hut (will be relocating corporate offices in 2010)General Electric CorporationHotel IntercontinentalBank of AmericaMary Kay Cosmetics The population information comes from the follo...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Forever Plaid: Plaid Tidings at Addison's WaterTower Theatre  Now on stage!  This Christmas Special, by Stuart Ross, is running at Addison's WaterTower Theatre now through December 23, 2009.  Forever Plaid: Plaid Tidings stars Matt Brewer (as Frankie), Brian Hathaway (Sparky), Michael Tuck (Jinx), and Jacob Villarreal (Smudge). This is the very best of Forever Plaid, wrapped up in a nifty package with a big bow on top! Filled with Christmas standards that have all been "Plaid-erized," the boys of Forever Plaid are back! Sent to Earth to add a little harmony to the world, Forever Plaid: Plaid Tidings is one holiday treat that is truly "heaven-sent!" Forever Plaid: Plaid Tidings: at the Addison Theatre Centre, 15650 Addison Road in Addison, Texas. Performance times are Wednesdays and Thur...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison Texas Real Estate: Properties Sold in November, 2009 Address BR Bath Garage SqFt Built Pool  CDOM $/SqFt Sale Price Ledgemont Ln.(Condo) 2 1.1 0 978 1982 Y 45 $107.36 $105,000 Proton Dr.(Condo) 2 2.1 2 1,396 1985 Y 212 $109.53 $152,900 Planters Row(Single Family) 2 2.0 2 1,571 1983 N 78 $110.12 $173,000 Le Grande Dr.(Single Family) 3 2.0 2 1,865 1980 N 29 $124.13 $231,500 Windsor Ct.(Single Family) 3 2.1 2 1,991 1995 N 56 $127.50 $253,850 Azure Ln.(Single Family) 3 2.0 2 2,232 1991 N 25 $128.81 $287,500 Towne Green Cir.(Townhouse) 3 2.1 2 1,974 1998 Y 62 $141.84 $280,000 Vintage Ln.(Single Family) 3 2.0 2 2,560 1992 N 26 $116.95 $299,400   BR SqFt CDOM $/SqFt Sale Price Min 2 978 25 $107.36 $105,000 Max 3 2,560 212 $141.84 $299,400 Average 3 1,821 67 $120.78 $222,894 Number of P...
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