D,

I agree with Naima in that traditionally townhomes do not do as well as a single family home in appreciation. If you are going to want a good source of rental income later on I would look at the uptown market (anything near Katy Trail) for that.

If would like to meet with me personally to see what would be best for you then please give me a call or email me.

Thanks,
Nick Good
The Good Home Selling Team

Hello D,

I live and sell in Addison Circle "Townhomes of District A " subdivision. It is a nice, urban area in which to live and all of the residents are very happy with the neighborhood. The Townhomes were built by CENTEX HOMES. The subdivision is conveniently located to all entertainment areas in Addison, Esplanade Park, Addison Circle Park, etc., and at the same time it is quiet. I am a member of the Addison Circle HOA (ANCA) and know the area very well, so I would be glad to provide you with more information. You could visit the HOA site for more information and upcoming events http://addisoncircle.org

It is a good, long-term investment and now is a very good time to buy here as it is a buyer’s market. There are currently six townhomes for sale in my subdivision and I will be more than happy to show you any of the units.


I would be glad to help!

Regards,

Viktor Taushanov
Realtor
Coldwell Banker Residential Brokerage
972-758-2045 Direct Line
214-697-6797 Cell http://www.planorealty.blogspot.com
viktor.taushanov@cbdfw.com

Hello D., In general townhomes or condos don't do that well in the Dallas area in terms of appreciation. If you are strictly looking at something to invest in, I would highly recommend a single family home with at least 4 bedrooms on a single level. Those rent real well for top dollar.

If you are looking for something to live in, that is another story. Addison Circle is highly desirable and I think the townhomes from City Homes will do very well. They built the same ones in the Knox Henderson area and Oak Lawn and they did real well there too. The HOA is very reasonable at $250 per month.

You may also look at the townhomes they built in 2005 on Quorum and Parkview. You may be able to get a better deal on something that is barely lived in and already upgraded.

I'll be happy to assist you or answer any questions if you are not already working with a Realtor.