Lisa Mcbee, Both Buyer and Seller in Bedford, TX

All the homes in Park Glen here on Trulia appear to be very nice and "under-priced" but they are not moving. Can anyone tell me something more about?

Asked by Lisa Mcbee, Bedford, TX Fri Oct 15, 2010

it.....like why they aren't moving. I haven't driven over there but is there something about the neighborhood or is the area on the decline or what? Just seems like most of the homes are "too good to be true" and that makes me leery.

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6
This is a beautiful neighborhood. The trees are big and they shade the streets as you drive through the area. Part of the reason they are cheaper is that you are technically in Fort Worth, but you get the luxury of Keller ISD schools. We moved here about three years ago and love the area. We are about to put our house up for sale and I am worried about the competition of the new home construction. The only reason we are leaving is because we are moving to Oregon- otherwise we would have stayed here forever and started our family! I am not a realtor but my friend that found this house for us is one and the houses in this area are much much nicer than other homes in the same price range. We thought it was too good to be true too, but we have enjoyed our time here. Hope that helps! :)
1 vote Thank Flag Link Mon Sep 24, 2012
I lived in Park Glen. Lovely area. If it weren't for the pool in my backyard, I probably never would have moved there. The schools are excellent and the neighborhood is friendly. Some homes have back alley parking which is a plus - but for the streets that don't, the cars tend to stack up and the area becomes congested. New home construction about 5 miles away offers new homes with full home warranties which is important to home buyers. You pay for an HOA with not much to offer in the matter of a playground or pool. As a Realtor that has shown many of these homes, I discover after a Buyer expresses interest that a number of homes are in the short sale process or facing foreclosure. With the recent freeze while banks review former foreclosures, these homes are going to remain on the market which in turn will (in my opinion) allow the neighborhood to continue to decline.
I hope this information is helpful. If you are looking for a Realtor that is educated in today's market, feel free to contact me. I take my job seriously and am a full time agent.

Lucy A. Puniwai
(214) 783-6416
lpuniwai@ziprealty.com
1 vote Thank Flag Link Mon Oct 18, 2010
The homes are competing with new construction and to a smaller degree 20% of the homes are short sales or relo's. The homes average pricing at $68 per square foot is right on the average sales price per square foot.
This neighborhood is a good value for someone wanting Keller Schools.

The per square foot does not make the value of the home but it's a quick tool for ball parking value.

Don't hesitate to give me a call for more information.
Donnie Keller
Free Search MLS here...http://www.reatarealty.net
1 vote Thank Flag Link Fri Oct 15, 2010
Lisa,

It is hard to compete with new construction. The Park Glen homes are older and some are not as up to date as the new construction in Keller. Park Glen is a great neighborhood for someone who is looking for an established neighborhood, mature trees, etc. Park Glen is in the Keller I.S.D., however these residents pay both Fort Worth City tax and Keller I.S.D property tax. You can check the property tax rolls at http://taxoffice.tarrantcounty.com.

Feel free to email me if you have any other questions!

StephanieCole@kw.com
1 vote Thank Flag Link Fri Oct 15, 2010
Trulia IS NOT MLS best work with Realtor who can forward real time search saves you time . Agent can establish an automatic alert based on your specificatons and lender requirements

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
1 vote Thank Flag Link Fri Oct 15, 2010
Lisa,

The homes in Park Glen are very good deals (i.e. very well-priced) especially considering that they are in Keller I.S.D. The reason they are priced less than similar homes in Keller, etc., is that you don't have to pay Keller taxes but City of Fort Worth taxes.

Here's a link to my latest blog post/Market Report for this area:
http://activerain.com/blogsview/1892741/fort-worth-texas-zip…

Call or return email if you have more questions! ;-)

Kent
--
Kent Dills BS, MS, SFR, ePRO
Broker Associate, Mersal Realty
817-495-8028
Kent@KentDills.com
http://www.KentDills.com
1 vote Thank Flag Link Fri Oct 15, 2010
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