Les Owens

Interestingly enough, it’s not only move-in-ready homes that are flying off the market at unprecedented prices, but builders are hitting even more hurdles in this insanely hot North Texas market.

We asked Les Owens of LRO Residential, a CandysDirt.com Approved Builder, just what are buyers looking for, and what should they look out for? As it turns out, one of the biggest hurdles buyers who want to build will find is the place all home start: dirt.

“We are finding dirt at reasonable levels off the open market, but we are seeing all types of buyers — investors, end users, Realtors, first-time would-be builders — all competing for lots, and most are not experienced enough to know what they are doing and have driven land to all-time highs in most markets,” Owens said. “Not much room to keep going up, what goes up will come down, usually faster than it went up, so land speculators beware.”

Owens, whose homes have classic lines and multi-purpose rooms with some truly stunning kitchens, is noticing an uptick in empty nesters building their post-kids dream homes.

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“This is great for my business as lots of empty nesters are coming into the custom home market, and that is the group my homes fit perfect for,” Owens said. “We have had great luck with downsizing clients from a 6,000- to 9,000-square-foot home to a new, more energy efficient, trendy, lock-and-leave type home, and they love it. I have tons of experience working with this demographic and my style really fits well with this group.”

Owens says that some other higher end clients want custom homes that are timeless, though “clean lines are still a bit hit whether in a more traditional home” or a more modern one.

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“Contemporary is, of course, cool, but some people are already turning from it,” Owens added. “We are seeing clients who liked the idea, but have gone away from it.”

And clients are asking for more earth-friendly and energy efficient choices, which Owens recommends as long as they make financial sense.

“Most of our clients are self-made, and they understand the value of money,” Owens said. “Paying for outrageous green features just to say they have it is not what got them where they are. They want Green features, but only ones that make good sense from a pay-back perspective and/or they can see an immediate benefit for use in their daily lives.”

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Still, Owens is focused on providing the highest quality of materials and workmanship that his brand is known for, as well as the innovation that homebuyers expect. To see more of Owens’ work, stay tuned to CandysDirt.com!

Les Owens

Interestingly enough, it’s not only move-in-ready homes that are flying off the market at unprecedented prices, but builders are hitting even more hurdles in this insanely hot North Texas market.

We asked Les Owens of LRO Residential, a CandysDirt.com Approved Builder, just what are buyers looking for, and what should they look out for? As it turns out, one of the biggest hurdles buyers who want to build will find is the place all home start: dirt.

“We are finding dirt at reasonable levels off the open market, but we are seeing all types of buyers — investors, end users, Realtors, first-time would-be builders — all competing for lots, and most are not experienced enough to know what they are doing and have driven land to all-time highs in most markets,” Owens said. “Not much room to keep going up, what goes up will come down, usually faster than it went up, so land speculators beware.”

Owens, whose homes have classic lines and multi-purpose rooms with some truly stunning kitchens, is noticing an uptick in empty nesters building their post-kids dream homes.

5518Southwestern-HighRes-22-2916150238-O

 

“This is great for my business as lots of empty nesters are coming into the custom home market, and that is the group my homes fit perfect for,” Owens said. “We have had great luck with downsizing clients from a 6,000- to 9,000-square-foot home to a new, more energy efficient, trendy, lock-and-leave type home, and they love it. I have tons of experience working with this demographic and my style really fits well with this group.”

Owens says that some other higher end clients want custom homes that are timeless, though “clean lines are still a bit hit whether in a more traditional home” or a more modern one.

5518Southwestern-HighRes-20-2916144371-O

“Contemporary is, of course, cool, but some people are already turning from it,” Owens added. “We are seeing clients who liked the idea, but have gone away from it.”

And clients are asking for more earth-friendly and energy efficient choices, which Owens recommends as long as they make financial sense.

“Most of our clients are self-made, and they understand the value of money,” Owens said. “Paying for outrageous green features just to say they have it is not what got them where they are. They want Green features, but only ones that make good sense from a pay-back perspective and/or they can see an immediate benefit for use in their daily lives.”

5518Southwestern-HighRes-23-2916150730-O

Still, Owens is focused on providing the highest quality of materials and workmanship that his brand is known for, as well as the innovation that homebuyers expect. To see more of Owens’ work, stay tuned to CandysDirt.com!

LRO Residential Has Fabulous Lots Available to Build The Home of Your Dream

LRO Chadbourne Front Ext

Les Owens of LRO Residential has some great lots available right now to build the custom home of your dreams.

“These are some great build sites — all have very nice street widths and also have good depths,” Owens said. “These lots really cover a lot of buyer needs, from smaller homes for empty nesters, to a larger type estate houses, with these four lots there is something for everyone.”

And LRO Residential can truly build something for everyone. As one of our CandysDirt.com Approved Builders, we’ve vetted this company and found that they are the best of the best at satisfying customers and building great homes that last.

6411 Woodland Lot Pic

Owens said that the lot at 6411 Woodland is completely cleared and ready to start building. The 80 x 140 Preston Hollow lot can accommodate at 5,000-square-foot home for $1,475,000.

6703 Woodland Corner Lot Pic

In seven days the spacious corner lot at 6703 Woodland will be cleared and ready for a 4,500-square-foot home. The estimated price of the house and land is close to $1.4 million.

6416 Park Lane Lot Pic

Or you could snap up 6416 Park Lane, a 76 x 147 Preston Hollow lot that can accommodate a 5,000-square-foot home for just over $1.5 million.

5634 Caruth Lot Pic

And last, but certainly not least, Owens said that a lot at 5634 Caruth — a sizable Devonshire place fit for an estate at 92 x 140 — just became available. He’s not quite sure what the value of this land will be, but I can attest that it will certainly be an amazing place to build!

Find out more about Les Owens and LRO Residential right here.