With Millennials finally looking to enter the housing market as buyers for the first time, 2015 should be a busy year for the DFW real estate market, especially in neighborhoods that offer lots of different options that cater specifically to first-timers wanting to make that long-awaited transition from renting to owning.
It’s no secret that today’s younger generation of home buyers is opting for a more fast-pace, urbanized lifestyle that’s not only more efficient, but also more convenient in terms of nearby amenities, shorter commute times, and various entertainment options. Walkability is a huge factor in deciding which location feels right for young home buyers today, and in downtown Dallas, any number of condo and loft buildings provide that perfect combination of affordability and desirability—a combination that's essential to the first-time buyer market.
Although it was hard to narrow down which downtown buildings are the best for first-time buyers looking to purchase in 2015, we did our best by featuring what we think provides a great value not only to newbies enterting the housing market for the very first time, but also to anyone else who might be looking for a great deal on a new downtown Dallas condo or loft. Have a look below at what we came up with...
1200 N. Main Street - Downtown
Also known as The Metropolitan, 1200 N. Main Street is situated in a near-perfect location that overlooks Belo Garden—one of Dallas’ newest urban park spaces. In addition, 1200 N. Main is FHA and VA approved, and the amenities here are top-notch! [View condos for sale at The Metropolitan]
1505 Elm Street - Downtown
Once a thriving office building, 1505 Elm is now a 69-unit condo building with full service amenities that include valet parking, concierge, door service, and so much more. But don't let these fancy features fool you. Condos at 1505 Elm are very affordable on nearly any budget. [View condos for sale at 1505 Elm]
3883 Turtle Creek Blvd - Uptown
Known to most as Twenty One Turtle Creek, this Dallas high-rise was originally built back in the early 1960s, but of course has since been updated to include all the amenities and interior features many of today’s home buyers want in a turn-key condo. [View condos for sale at Twenty One Turtle Creek]
1122 Jackson Street - Deep Ellum
1122 Jackson, also known as the SoCo Urban Lofts, is one of our favorite Dallas loft buildings, mainly because of its affordability. Entry level lofts here are usually priced in the $130s right now and if you’re looking for more of a sleek, modern feel in a downtown Dallas loft condo, this is the perfect fit. [View SoCo Urban Lofts for sale]
1001 Belleview - Downtown
The Beat Lofts, located at 1001 Belleview made the list for it’s cool design and full slate of awesome amenities. The rooftop pool and sundeck provide spectacular views of the city, while the building’s interior finishes are among the best compared to other similarly priced units in the area. [ View 1001 Belleview condos for sale]