With so many new jobs making their way to DFW and the housing inventory still rather limited all over North Texas, you’ve probably noticed home prices have continued to rise throughout much of 2016.
Like in most major markets, some communities provide a better value to potential home buyers, while others can just be downright expensive. In the case of Westlake, a small suburban community situated just north of Fort Worth, home prices tend to fall into that expensive category, and maybe now more than ever.
According to research done by real estate firm Engel & Völkers, Westlake ranks as the 9th most expensive suburb int he U.S., as median home sales there have now reached $2 million.
Financial services giant Charles Schwab Corp is expanding into Westlake and building a fabulous new $100 million campus, which will add 1,200 new jobs to the area, and the collection of upscale amenities around town continues to grow beyond just the region’s most expensive country club, the Vaquero Club.
With the apartment market red hot all over DFW, developers are continuing to build apartments on Fort Worth’s north side and closer to the Westlake area. But until more units are delivered, home buyers and renters wanting to one day call Westlake home are pretty limited in terms of options, unless your budget allows for a $2+ million home.
CHECk OUT SOME OF WESTLAKE'S MOST IMPRESSIVE HOME LISTINGS BELOW:
- 5 Beds
- 5.4 Baths
- 11,248 SqFt