The secret is to hop into a time machine and go back to 1980-1990. LOL This area is very sought after, and kind of small. Many people want to live there so its the old law of supply and demand. The demand is high so the prices are too. I sincerely wish there was a better answer, but there really is not. Sometimes you can find condos in your desired neighborhood which will be more affordable than a free standing house. That might be one option to consider. Or you may consider a neighborhood that borders Allandale, thats not quite so pricey. I wish you the very best of luck finding what your looking for!
1) Make sure you have all the information. Realtors can set you up on a search of the MLS that is constantly monitoring for homes that fit your needs. When a new listing hits the MLS (3 bed, 2 bath, under $350K in specific zips, for example) you will receive an email with the details.
2) Work with a lender NOW to get prequalified. You MUST have this letter in hand to make any offer.
3) Work with a realtor to hunt for pocket listings that you might otherwise miss. There are homes in the high demand areas that are being bought and sold every day... and never appear in the MLS.
Let me know if you have other questions!
Also, I have been living and working central Austib real estate for 30 years....... I can help you, too!
Goldwasser Real Estate
The key to getting a great place ANYWHERE, is not to have automatic searches set up, or drive around everyday - but to have an agent that is well-connected in a large office. They will have the insight to properties that are about to come onto the market, before they hit the MLS system.
Once they are in the MLS, or realtor's database the game is over.
You have to find them before they get listed for a decent chance in the 2013 market. That's the honest truth.
There are lots of things to talk about regarding the Austin Real Estate market - if you ever want a cup of coffee, let me know and I'll gladly chat with you about some strategies to get you a great place in Allendale.
It's a very desirable lot and location but the house is in more or less original condition. I would have spent $100k to remodel but it is in livable condition now. If you are interested, give me a call.
My wife and I spent half of last year looking for the same thing you are asking about and we ended buying on the edge of Allandale / Rosedale (but spent more). We included Crestview in our search.
As mentioned already, right now inventory is low but that should pick up in the spring. And it will depend on what condition you are willing to look at (remodeled or "time-capsule" needing improvement).
Charles McLagan, CNE, SFR
No suburbs please. I'm currently doing that and it is not for me.
John Crowe, Broker
You can set up listing alerts at this site too so when homes you want in the 78757 zip code hit the market, you will know about them right away.
A mortgage preapproval is a good idea too. I am both Realtor and Lender, so contact me to get started or apply on line at http://www.myTxhomeloan.com
Feel free to click on my name and review my Credentials and Client Testimonials and let me know if you would like some excellent, free, professional representation. I work very hard seven days a week to find my clients just what they are looking for, and then negotiate the lowest possible price. I have negotiated over $900 million in my career.
Joe Jarusinsky, Realtor/Master Instructor, Keller Williams Realty, Austin's #1 Real Estate Company, Ranked #1 by Buyers and Sellers (JD Power & Assoc. 2012)
GRI, CRS, ABR, CLHMS, e-Pro
I would be happy to set up your own personal website showing only homes that meet your criteria. Also, on my homepage, you can just click on Allandale and see the current inventory at anytime.
Please feel free to contact me for a no obligation consultation.