Drew, Home Seller in Old Preston Hollow

I live in Old Preston Hollow on Deloache Ave and live on a HEAVILY treed lot that is approx. .80 acres with a

Asked by Drew, Old Preston Hollow Wed Apr 2, 2008

.20 easment. There are two problems though, it backs to the tollway and its a knockdown...The pros though is that its on the dead end of Deloache..so what should i sell it for?

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Answers

13
That's a hard question to answer without seeing the property. Ask an agent to give you a market analysis.
1 vote Thank Flag Link Fri Jun 27, 2008
We are on the west side of the tollway.
0 votes Thank Flag Link Thu May 1, 2008
Are you on the east or west side of the tollway? This and many other questions would have to be answered in order to give you a fair listing price. No good agent will try to answer that until they've actually seen the property. However, the price range should be somewhere between $600,000 to $1 million depending on many variables. Visit us, The Laughlin Realty Group on myFOXdfw.com under "MLS" Experts, or call us at 214-217-8529. We would love to help you arrive at fair market value.
0 votes Thank Flag Link Wed Apr 23, 2008
Drew,
To really give you an acurate property value, an agent will need to visit your property, know the area well and run comps. You'll find these posts helpful:
The cost of dirt in Preston Hollow
http://lydiaplayer.blogspot.com/2008/03/cost-of-dirt-in-pres…
and
How 'busy street' proximity affects value
http://lydiaplayer.blogspot.com/2008/02/how-busy-street-prox…

Both of these posts pertain to your neighborhood and situation.
Please, let me know if I can help you find a buyer.
Web Reference: http://DallasAgentBlog.com
0 votes Thank Flag Link Tue Apr 8, 2008
I live 2 streets south of you and know this area very well. Just opened up a real estate company that lists homes for 1%. A very big discount and we were featured in Preston Hollow People. We just listed a lot off Midway and Northwest Highway and several homes in the area. When you are interviewing agents, please contact me: kim@onerealestategroup.com
0 votes Thank Flag Link Tue Apr 8, 2008
i would probably rate my place...trees and grass and everything...an 8? My dogs have reeked havoc on the yard but the damage is fixable.
0 votes Thank Flag Link Thu Apr 3, 2008
I haven't seen the lot, so it would depend on many factors. I think Cuban has more than 5 acres so of course that drives the price up. You've got some of Dallas best neighbors though. My thoughts are $750,000 to $1,000,000. $1,000,000 is probably a stretch for that lot size and next to the tollway, but many factors at play. There have been livable homes in the last year or so sell on Deloach right at about 1mil. Call me if I can assist you.
Web Reference: http://www.teamlynn.com
0 votes Thank Flag Link Thu Apr 3, 2008
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
Contact
The Lecerte house is about 2 streets down from mine, and mark cuban is 4 houses down too. Im ganna truly miss the neighborhood.
0 votes Thank Flag Link Thu Apr 3, 2008
There are 5 60+ year old trees: (80+ year old live oak, 2 80+ year old oaks, 1 70+ year old magnolia, and 1 60+ year old cotton wood. there are many many more trees but those are the "presiding" trees. In response to Mrs. Sumner's question, we do have a very big wall that blocks out most of the sound. when we first moved there about 10 years ago, we bought the house for little over 100k and that was without the retaining wall in place so it was very loud. Now we are so use to it, its hard for us to really hear it now.
0 votes Thank Flag Link Thu Apr 3, 2008
Even as a tear-down, the house & land should sell between 800K and 1.1mil. Do you have the retaining wall behind the property to block some sound from the tollway?

Naima
Web Reference: http://www.sumnerrealty.com
0 votes Thank Flag Link Wed Apr 2, 2008
I know that area very well, it is based on many factors to price your home. Without all the details and etc. difficult to state at this time. I would be happy to meet you on property and provide you the comp's. therefore you have more of an idea. GREAT AREA!.... Contact my office
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Wed Apr 2, 2008
Hi Drew,
By "knockdown" I assume you mean you are selling the house for lot value. There are many factors when pricing a lot. Backing to the Tollway may not be as bad as you are thinking. It really depends on the shape, trees, accessibility, privacy, & "buildability" of the lot in question. Just from your description, I think I know where you are. I'll drive by this evening and take a look. If you want, we can set a time to talk about your options. You can reach me by email or phone, whichever you prefer.

ckutin@ebby.com 972.407.3994

I do know that MANY developers are looking to get into the area. Lots are still selling. Not at the pace they were a couple of years ago, but they are definitely still selling.
0 votes Thank Flag Link Wed Apr 2, 2008
FYI, backing to the tollway isn't all that bad. Actually folks from California liken it to the sound of the ocean. You might as well use it as a selling point! Regarding the pricing, we need to know the age and sq. ft. of the property. Also, on a 1-10 scale, 10 being immaculate, what would you rate your place?
0 votes Thank Flag Link Wed Apr 2, 2008
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