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    Love This Listing

    This extensive reno is just a stone's throw from Dallas' Highland Park

    Diana Oates
    Jan 15, 2016 | 9:04 am

    This charming renovation project at 3615 S. Versailles Ave. is on the market for only $499,000, a fact that astonishes considering the company it keeps in the neighborhood.

    Those who are familiar with Dallas might associate the area between lively Lemmon Avenue and the Tollway with West Highland Park, however, La Foy Place is there too, offering the everyday homebuyer attractive options at a more approachable price point.

    "This is a smaller, more tight-knit neighborhood with cute houses that have a homey feel to them," says listing agent Julie Pillans. "But it certainly is nice to be right next to West Highland Park for walking and biking purposes."

    This 1,818-square-foot property is coming off an extensive interior and exterior remodel that includes the addition of 800 square feet for a new master bedroom, huge walk-in closet, laundry room, and bathroom. The master bath features Italian porcelain, a huge walk-in shower, and a luxurious bathtub.

    The kitchen, which offers easy access to the living room, features marble, a new gas cooktop, and unique chevron subway tiles. Not quite as sexy but equally as important are the home's new HVAC system, windows, paint, tankless water heater, and plumbing. There is also a new electric panel and even a gas line for the fireplace. Exterior updates include a new roof, 8-foot cedar fence, automatic gate, and porch light.

    Collins says the person who purchases this home will no doubt enjoy walking to Mario's Mexican & Salvadorian Restaurant for a good margarita, and also hitting up Ivy Tavern for happy hour. Whole Foods is just under a mile away.

    With all things considered — size, location, quality of renovation, and neighborhood comps — it's shocking that this property hasn't sold yet.

    The kitchen features designer countertops and new stainless steel appliances.

    3615 S Versailles Avenue
      
    Photo by Ebby Halliday/Shoot 2 Sell
    The kitchen features designer countertops and new stainless steel appliances.
    home-for-sale
    news/real-estate
    news/home-design

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    housing in dfw

    Average new home prices in DFW grew during January sales slump

    Amber Heckler
    Feb 28, 2025 | 6:35 pm
    Home for sale sold sign
    iStock
    New home sales fell across Dallas-Fort Worth in January, the report said.

    A new statewide real estate report has shown a slow decline in new home sales across Texas, including in Dallas-Fort Worth.

    The latest New Home Sales Index by HomesUSA.com discovered that Dallas-Fort Worth saw the second-most new homes sold in January out of the four biggest metros in Texas, despite being in an overall sales slump compared to December 2024. The three-month moving average of new home sales in DFW was 1,847 last month, versus 1,990 sales in December.

    Housing prices also rose in January, with the average new home in DFW increasing to $496,498. That's about $2,600 more than the average price in December, which came out to $493,899.

    While these declines may seem atypical, a sales slump is actually normal during the winter season, according to HomesUSA founder and CEO Ben Caballero.

    Active new home listings in DFW flattened from December to January, with 8,287 active listings on the market last month.

    New home sales in January throughout Texas
    The report found new home sales dropped not only in Dallas-Fort Worth, but also in Austin, Houston, and San Antonio.

    Houston's three-month moving average of new home sales was the highest out of all four metros with 2,046 sales made in January, but that figure technically decreased by 138 homes from December.

    San Antonio saw 67 fewer homes sold from December to January, totaling 1,008 sales last month.

    Austin the fewest new homes sold last month out of the four major Texas metros: At 809 homes sold.

    "January sales are often lower than December in Austin as builders push hard to close the year with as many sales as possible, as I mentioned in last month’s report," Caballero said. "Austin builders were offering discounts, buyer incentives, and Realtor bonuses for December closings. A slower January is not unusual for that reason."

    January housing prices fell in Houston to an average $395,515, and San Antonio's average new home price fell to $337,414. Austin had the second-highest average housing prices out of the four Texas metros last month, despite that number falling by $11,658 to $483,056.

    New Home Sales Index for January 2025 by HomesUSA.comAverage prices for new homes fell in Austin, San Antonio, and Houston, but increased in Dallas-Fort Worth.Courtesy of HomesUSA.com

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