Over the last several years, East Dallas has seen a boom in townhome construction. But with over 80 new construction listings currently available in East Dallas, how can a homebuyer know the difference? Most buyers presume that all things are created equal in new construction. In talking to Harrison Polsky, Principal of the O N E Group at Compass, and a specialist in new construction, we got a clearer picture of new construction pricing in the white-hot East Dallas market.
Since I started selling new construction in East Dallas, it has become extremely apparent that East Dallas buyers are savvy and have an eye for design. As much as we would like to build around the median $ per SQFT, we just don’t believe we can achieve what buyers are looking for at that price point. Take the average new construction townhome for example, most have engineered hardwoods and carpet in the bedrooms. However, if we installed genuine white oak floors throughout the entire unit, we would not be able to sell those units at the same price. The issue becomes, will buyers and their agents understand the difference and pay more for the upgrade? We are certain our buyers will.
When we started developing Caddo Park, we designed and developed with those savvy eye-for-design East Dallas buyers in mind. Caddo Park Townhomes are chic and lavish townhome with brilliant design and conveniently located near Lower Greenville and Uptown. The elegant craftsmanship of the open concept plan displays custom white oak floors, 11-ft ceilings, Quartz countertops, and oversized windows that enrich the spacious bedrooms with natural light. This is a rare product to find in East Dallas and an offering that we as the development team are excited to bring to the market.
Starting at $365,000
1,485 SF – 1,786 SF
1715 – 1727 Caddo Street | Dallas, TX 75204
Explore Caddo Park here.
More about Harrison Polsky: https://www.compass.com/agents/harrison-preston-polsky/
More about O N E Group: www.onegroupcompass.com