Top 10 Neighborhoods to Buy a Luxury Home in Carrollton, TX
Posted by Kenneth G. Cox on
Carrollton, TX continues to grow and offer new housing options including luxury homes, townhomes, condos and apartments. Carrollton is known for its beautiful homes and affluent neighborhoods. With a median home value of $350,000, it is no surprise that some of the most luxurious and expensive homes in the Far North Dallas area are found here.
Although the Gates of Prestonwood home subdivision is one of the most expensive and luxurious subdivisions in CFBISD, there are many other neighborhoods that offer luxury homes, townhomes and condos for sale including luxury affordable homes in the Far North North Dallas area. Check out some of the hottest areas below to purchase a luxury home in Carrollton, TX.
Top 10 Neighborhoods to Buy a Luxury Home…
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If you're considering purchasing a luxury new home for sale in Flower Mound, be sure to check out the new builder construction at Town Lake by Toll Brothers and other new luxury home builder options located off Lakeside Parkway in Flower Mound, TX. These premier communities boast spacious home sites that are situated alongside a beautiful lake, offering residents a peaceful escape from the city.
Frisco, TX is on fire and quickly rising to one of the hottest places to live in North Texas with plans to host the 58th AMC Awards hosted by Dolly Parton and Garth Brooks on May 12, 2023 at the Ford Center in Frisco, build the new Universal Studios theme park and open the new Omni PGA Frisco Golf Resort on May 2, 2023.
With recent home sales and values decreasing around the DFW Metroplex, new construction home builders have started offering incredible incentives to move new home inventory in the Dallas Fort Worth area. The last time home buyers were able to advantage of these types of deals dates back to 2007 as mentioned in an article Anxious Builders Pile on Incentives by Jeff Updike with the Wall Street Journal. Although some of the incentives are not as great as deals offered in the past, home builders in Dallas Fort Worth are currently offering thousands in buyer closing cost/downpayment assistance, free upgrades, interest rate discounts and other creative offers to lure home buyers to purchase.
Dallas-Fort Worth, Arlington TX was recently ranked in the top performing housing markets by NAR (National Association of Realtors). Although existing home sales are predicted to decrease around 6.8% from 5.13 in 2022 to 4.78 in 2023, overall home sales are still expected to be strong esp. in specific hot housing markets such as Dallas-Fort Worth, TX. Lawrence Yun, NAR chief economist, also predicts median home prices to rise in 2023 just .3% over 2022 to an average median home price of $385,800.
First Texas homes in Dallas Fort Worth, TX is offering amazing deals and discounts on new construction homes throughout the DFW Metroplex including Anna, Celina, Farmers Branch, Fort Worth, Fate, Frisco, Grand Prairie, Little Elm and other areas throughout Dallas, Denton, Collin, Rockwall and Tarrant Counties!
A new master-planned community is headed to Sherman, Texas with the inclusion of Heritage Ranch. This new, mixed-used development will eventually make way for more than 750 new homes, plus also some retail space, commercial space, and entertainment space.
In a recent study by yardi.com together with storagecafe.com, Southlake was selected as the best suburb with a city feel in the U.S. Living here means you get plenty of space, safe streets and good schools, plus an excellent mix of lifestyle-oriented amenities.
The Dallas City Council recently approved the groundbreaking new $1 billion mixed-use housing project by Megatel Homes which consists of a huge development West of Downtown Dallas including a lagoon, thousands of homes, retail, entertainment and more. These types of new housing developments are exactly what will solve the ongoing inventory issues around the DFW area and couldn't have come at a better time.