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This $39M Park Cities mansion is the priciest home for sale in Texas
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Get weekly real estate updates with the Allmanac
Sales of million-dollar residences and estates are up 97% from the first quarter of 2020, according to the Allmanac, a luxury real estate newsletter produced by Allie Beth Allman & Associates.
The Allmanac offers luxury real estate insights every week.(Courtesy / Allie Beth Allman & Associates)
By Allie Beth Allman & Associates
6:00 AM on May 16, 2021 CDT
Here are the latest highlights from the weekly Allmanac, a luxury real estate newsletter produced by Allie Beth Allman & Associates.
Sales of million-dollar residences and estates are up 97% from the first quarter of 2020. In March, North Texas home prices rose at the fastest rate in more than a decade. The price per square foot of homes sold jumped even faster, up 19%. And the shortage of homes for sale continues, fueled by many factors, including homebuying by people moving in from California, New York, Illinois and other states.
Greenways add more than beauty
Research by a Texas A&M University professor suggests that having a greenway within 600 feet increases the value of the home by at least 5%.
It’s a short trip to the green space of Harry Moss Park from the historic estate at 9311 Moss Circle Drive.(PETRA ZLOVIC / Allie Beth Allman & Associates)
By Allie Beth Allman & Associates
6:00 AM on May 2, 2021 CDT
Buying a home near a greenway – a park, trail or creek – offers a place for you and your family to play, exercise or relax surrounded by nature. It can also add significant value to your home investment.
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