The north side of the White House looking at the Rose GardenOur friends at Zillow cannot get the prices of Texas homes right, but they sure can analyze data. Because when it comes to data, they have a whole lot!

For Presidents Day, Zillow analyzed home values nation-wide located on streets named after presidents. The point was to see if home values increased at all on certain presidents’ streets, and then which ones (if any) had higher values. I am not familiar with any streets in Dallas or specific subdivisions named after presidents outside of a few down in Oak Cliff/Kessler – -are you? If so, please send over asap.

Here is what Zillow found:

• The most popular presidential street nationwide — by far — is named after George Washington. Among homes nationwide located on presidential streets, 12.2 percent are on a street or road named after our first president, the nation’s founder, the guy who could never tell a lie:

• While General Washington is the most popular president to name a street after, the most expensive homes have addresses on a street named after President Calvin Coolidge — who led the nation through the Roaring ’20s and oversaw perhaps the largest economic expansion in the country’s history. The median value of the more than 17,000 U.S. homes located on a Coolidge street is $176,330, the only presidential street with national median home values higher than the December 2013 national median of $169,100.

• Zillow also examined popularity and home prices on presidential streets for the country’s 35 largest metro areas. In 14 of these metros, the most homes were located on a street named after George Washington, including in Cleveland. We wonder if poor Grover is rolling over in his grave about that. The most expensive presidential street at the metro level — with a median home value of more than $2.4 million — is named after Martin Van Buren in San Jose.

I wish they would have analyzed whether homes on those streets were more red brick or white. Interesting to note that both former President Bush and current president Obama have red brick homes.obama-chicago-home-Rachel-Freundt

 Photo above courtesy of Rachel Freundt. Copyright 2012.Bush House daria DriveDaria Drive, Dallas. Of course.

1106 N Clinton StreetNorth Clinton Avenue: I found a darling house on 1106 North Clinton Avenue,  updated Kessler Park Tudor, three bedrooms, two baths, 2900 plus square feet full of character, charm & (broker babble) architectural details. Arched entry to a formal living room with fireplace and double doors, and nice porch. Kitchen remodeled with premium stainless kitchen appliances, island & breakfast area. Upstairs is the master suite, a second bedroom, another living area, a large walk-in closet and luxurious bath. If everyone shares that bath, former President Clinton would be mighty happy. So it’s three bedroom but the second living area on the first floor could be a fourth bedroom with a little effort. There are separate guest quarters with kitchen, bath, perfect for Chelsea and hubby, and an outdoor entertaining pergola. This pup has been reduced to $550,000 from $565,000.

Obviously, anything with the Clinton name attached has to be reduced.

1918 Washington Drive DallasWashington Street in Dallas — not a whole lot of inventory, sad to say. And the very sad place here needs some major love. Our “most popular presidential street” is in Munger Place and has one listing, 1910 N. Washington: $325,000 for a 3168 square foot commercial prop. ‘Course you could always tear down, get a loan and built a new home here. Just tell the bank that you chose Washington Street because 12.2 percent of homes on presidential streets nationwide are on Washington Street.

8400 Jefferson Way LantanaJefferson: not too much to choose from close in, but out in Republic Property Group’s Lantana, wowzers: here’s a $415,000 number on a wooded golf course lot at 8400 Jefferson Way. Huge third acre yard, room for pool, outdoor kitchen,  granite & stainless appliances in kitchen, extensive hardwood floors, staircase, stone fireplace in family room, master suite, upstairs game room with balcony and media room — Thomas Jefferson never had it so good!

857 Van Buren StreetVan Buren — here we have some NICE inventory, even inside the Loop! This is from an Austin developer I have been dying to tell you about, PSW Homes, who are building unbelieveable, energy efficient and friggin’ AFFORDABLE homes down in Bishop Arts at 1600 King Highway. Yes, this is new construction nestled into historic surroundings and you get solar and spray foam to boot. Open living spaces are paired with traditional front porches and private back yards. These single-family homes have three to four bedrooms, at about 1700 to 2700 square feet. Projected move-in: summer 2014. $362,000.

2201 Coolidge ArlingtonAs for the more expensive homes being on streets named after Calvin Coolidge, might be true elsewhere but not in DFW.  All I could find locally was this neat little ranch in North Arlington: beautiful trees, convenient to I-30 (is that a plus?), three bedrooms including master, fourth bedroom could be a gameroom or media room, three and a half baths, granite and stainless in the kitchen, two living areas, more than 3,000 square feet. Will set you back only $200,000, reduced from $225,000. There goes THAT theory.

2104 Johnson GreenvilleThe presidential last name that pulls a lot of weight in Texas is, of course, LBJ — President Lyndon Baines Johnson. He has a whole dang town named after him near Fredericksburg and Llano, off 281, where his ranch was located. But I had to go up to Greenville to find a cute abode at 2104 Johnson Street, a new listing, and I think it would make a darling get-away home. The home was a four-plex restored to it’s original whatever, includes an outdoor garden area with extensive decks, landscaping, privacy fencing, gazebo and koi ponds. There are formals, a garden room with skylights, multiple kitchens, extensive stairways and upgrades. The master suite includes a sitting area, Lady Bird would have liked that. The home has four bedrooms, four and a half baths, three living areas, more than 4300 square feet of living space. $229,000. Under energy efficiency it says “ceiling fans” — well hell, LBJ would have loved those. I am curious about the multiple kitchens.

Maybe one for each mistress?

Bush House daria DriveWhen George and Laura Bush bought their home on Daria Drive five years ago, we debated over and over what their presence would do to the Dallas real estate market. Some said values on Daria Drive would plummet. Some said people would move out, fearing security issues. Others said the street and entire Preston Hollow area would see amazing increases in values (stay tuned). As it turns out, it looks like having the Bushes in Dallas helped not only Preston Hollow real estate, but the image of the whole city of Dallas. Yesterday we were filled with the five living presidents, including of course President Obama and his beautiful wife, Michelle (who looked so fabulous) but hosts of dignitaries. Yes, security was tighter than Kim Kardashian’s Spanx and as I drove downtown to Rockitecture, 12 military choppers were hovering over the Dallas North Tollway. A friend in Maryland wonders just how much all of that cost the taxpayers, something I probably would have said if it had not been happening in my home town. But yesterday, no matter what the cost, I was incredibly proud to call Dallas my home-town and share it with the world. You?

Also, this interview with Matt Lauer just got my floodgates open…

Bush House daria DriveWhen George and Laura Bush bought their home on Daria Drive five years ago, we debated over and over what their presence would do to the Dallas real estate market. Some said values on Daria Drive would plummet. Some said people would move out, fearing security issues. Others said the street and entire Preston Hollow area would see amazing increases in values (stay tuned). As it turns out, it looks like having the Bushes in Dallas helped not only Preston Hollow real estate, but the image of the whole city of Dallas. Yesterday we were filled with the five living presidents, including of course President Obama and his beautiful wife, Michelle (who looked so fabulous) but hosts of dignitaries. Yes, security was tighter than Kim Kardashian’s Spanx and as I drove downtown to Rockitecture, 12 military choppers were hovering over the Dallas North Tollway. A friend in Maryland wonders just how much all of that cost the taxpayers, something I probably would have said if it had not been happening in my home town. But yesterday, no matter what the cost, I was incredibly proud to call Dallas my home-town and share it with the world. You?

Also, this interview with Matt Lauer just got my floodgates open…

MarioPiperni.com

Update 11/13: UnFair Park has a list of questions to be answered before we secede.  Surely you have heard of Micah H., an Arlington resident, who has petitioned the United States of America, technically the newly elected President of the United States, for permission to remove Texas from the rest of the country. In other words, secede, just like I want to do with Preston Hollow. Apparently if he gets 25,000 signatures within 30 days — which he has — this gets serious: a response is required by the White House. (What might President Obama say? How about “hell no!”)  In Micah’s words: 

“The US continues to suffer economic difficulties stemming from the federal government’s neglect to reform domestic and foreign spending. The citizens of the US suffer from blatant abuses of their rights such as the NDAA, the TSA, etc. Given that the state of Texas maintains a balanced budget and is the 15th largest economy in the world, it is practically feasible for Texas to withdraw from the union, and to do so would protect it’s citizens’ standard of living and re-secure their rights and liberties in accordance with the original ideas and beliefs of our founding fathers which are no longer being reflected by the federal government.”

Wow, Micah’s petition at 2:39 pm Monday had 25,285 signatures, well on its way to a presidential response. Let’s see, we have Rick Perry (dear Lord) and Ron Paul (better, I like him) and soon Senator Kay home. Maybe SHE could lead us! We could travel to Cuba and buy Cuban cigars at long last. We could export oil? Maybe all the ex-pat folks would move here. Not that we are the only state: We The People petitions have been filed in 19 states. Not sure how many signatures they have gathered, surely we have the most.

If six more petitions are filed, that’s HALF the U.S.  In any case, can you just imagine the ramifications for real estate ownership if this really, truly were to happen? Would values go up?

Yikes!

 

 

We get four more years of President Obama, so in celebration, I pulled this four-bedroom, 4848 square foot home in Hunters Creek in Frisco for your post-election viewing comfort. Did you get that connection there, 4848 square feet?

First of all, this home is one of the most attractive Tudor mini mansions I have seen — nice blend of brick and stone. Built in 2004, it’s as loaded as a Capitol Hill lobbyist. And it’s a handsome home, with a huge foyer, soaring ceilings, and a sweeping, curved stairway upstairs. There are the formals, gourmet kitchen with Butler’s pantry, granite counters and TWO KITCHEN SINKS, four large bedrooms, three and a half baths including a master spa bath, double walk-in closets, trowelled walls, family room, media/game room with wet bar, exercise area and a rear entry three car garage on .5 of an acre. What more do you need? Even the laundry room has a laundry sink. In other words, thoughtfulness, style and space galore.

All for $419,700.

No, that is not a mis print. This is why the suburbs remain the fastest growing part of this area, growth here in Frisco way beyond Dallas. At the current price, you are getting the world for $86 a square foot. 6475 Basilwood is the addy, near 121 and Independence, listed with Barbara Eardley.

 

 

 

 

 

 

Talk about a rare opportunity, here is a chance to live behind those pearly gates on the Darias and rub shoulders with George and Laura on the Fourth of July (if he’s not at the ranch) and trick or treat chez Bush come October. Talk to another Realtor and they will tell you that having a former prez as a neighbor beefs up your property value big time. I recall talking to Houstonian Bob Hale  a few years ago – super nice Realtor and broker who told me in no uncertain terms that having a president as a neighbor and the added security does NOTHING but increase your property value. And if you will recall,  tax dollars paid for the gate after City Council approval — in May 1993, after Bush’s father President H.W. Bush left office, our Legislature passed a bill that allows cities to restrict access to streets “on which the former president of the United States is located.” That explains why most of the Bush house hunting was restricted to cul de sacs. So yeah, buy this and maybe President Obama will snap it up next!

I like the house. 10212 Daria Drive is an all one level traditional home with contemporary touches nestled on three quarters of an acre. (As Baby Boomer age, these one story ranches are going to be in high demand.) Every surface has been modernized, great baths, knock-out kitchen, open floor plan, three living areas ripe for entertainment. The 4392 square foot home is full of natural light with four bedrooms, three and a half baths. The setting is serene and loaded with mature trees, rich lawn, outdoor kitchen with fireplace and a sparkling back-yard swimming pool and with cabana. 

This is one of those “Thank God we live in Texas” days. Yep, ran across this nugget from Forbes.com on the cities with the most construction: if construction starts are a leading economic indicator, then we are in hog heaven. Three Texas metros are leading as far as construction starts and made it on the top twenty: Dallas, Houston, San Antonio. Dallas, no surprise to anyone, is number two right behind New York City with $9.5 billion yes billion with a b in new construction starts. Houston was number four, number five was Washington, D.C. and that dosn’t count because it’s all our tax dollars at work, number six is Chicago which is my home town and pretty perky last time I was there, but it’s also benefitting from the largesse of President Obama right now:

Another state welcoming new building is Texas. The Lone Star state accounts for three cities on our list: Dallas (No. 2), Houston (No. 3), and San Antonio (tied for No. 15). “Texas metro areas are drawing some benefit from the energy sector,” explains Murray. Dallas logged $9.5 billion in new starts last year and McGraw-Hill projects a 9 percent increase in 2012; Houston logged $8.8 billion, with an 8 percent increase expected in 2012. San Antonio welcomed $3.3 billion in new starts in 2011 and the same level of spending is expected this year.

You don’t suppose — naw —this doesn’t include the mess that is LBJ and our crapped-up roadways?

‘Nother new thingee here on CandysDirt: Tell me Your Real Estate Story. Your home is your Castle, whether it’s $90K or $9 million. How did you find it? What’s the tale behind the sale? Inquiring minds at CD would LOVE to know!

Back in 1993, my soon-to-be husband and I bought a 1600 square-foot house in North Garland near Buckingham and Jupiter. After living in a basement in Queens, New York, living in a real house was thrilling to me. We both worked in the Telecom Corridor, and the home was about three miles to our respective offices. The house was on a cul-de-sac and had these great big trees. At around $84,000, our monthly payments were $880 a month. I was thrilled on every level – new house, new fiancé, new, bright life!

My husband, on the other hand, was terrified about paying the mortgage, even though it was less than we were currently paying in rent. He was so sick he nearly threw up at the closing and had to sit outside with his head down for a few minutes. This tells you what you need to know about us – Tom is the steady, reliable one. I’m the excitable entrepreneurial one.

We thought it was going to be our starter home (ok, I thought that) and that we’d be on to a bigger, better deal in five years. Life is never what you think. When Worldcom laid everyone off, Tom was unemployed/underemployed for two years. We were sure happy that our mortgage was only $880 a month. With the time on his hands, Tom remodeled part-time – including our house – and so we were happy to stay there. Once the Starbucks opened nearby, I had everything I needed.

We probably would never have left that house except — we adopted a teenager with special learning challenges. We found a great school for him in Dallas Academy, but the commute was horrible – one hour roundtrip to pick him up. So, when President Obama had that special housing incentive in 2010, we went for it. Despite the tough marketplace, we had a contract on our house before our first open house! I credit Tom’s incredible remodeling skills and our amazingly beautiful and functional garage. (That’s the photo – wish it was wider.)

We also found our new 1950’s mid-century modern in the Lake Highlands area serendipitously. It wasn’t on the market yet, either. They were having an open house just for the neighbors and I gate-crashed. The previous owners were an architect and graphic designer. They had opened up the house to the studs for their remodel and it was fantastic. In an interesting twist, they were moving because they had just adopted a daughter and the house was too small for three kids. I call our house the dollhouse because it is much smaller than our previous house (and only a one-car garage!), but we love it. East Dallas is fantastic. I’m in love with the trees and green spaces, the lake and the fact that our son can ride his bike to school. The roaming coyotes and occasional lost chicken make it interesting. My husband wasn’t even nervous when we signed this mortgage even though it was twice as much as before. I guess he had more faith in our ability to pay than last time – or else he was too tired from packing up 17 years of stuff.

Cynthia Stine, Publicist, Haley Brand Intelligence