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Saturday, January 8, 2011

So cheap they'll make you weep

The Dallas-Fort Worth houses I shared with you yesterday are in some of the prime MCM neighborhoods and are considered luxury homes, the very least expensive of them costing around a million dollars and the prices of some soaring far above that.

However, there are still extremely affordable homes in this area, even gorgeous mid-century houses.  Our market was never as inflated as it was in many other parts of the country and it hasn't taken as serious a hit in this economy either. Those of you who live where even the most modest of homes have been exorbitantly priced will be in tears when you see the prices on the homes I'm posting today. Kleenex, anyone?

Oh, and did I mention that it has been 65 degrees and sunny this week? Living here is pretty sweet, all things considered.

All photos from midcenturymoderndallashomes.com

$132,000 (1700 sf)
Cliff May home, $142,000 (1290 sf)
$159,000 (1748 sf)
$179,000 (1590 sf plus detached studio, completely restored)
$179,000 (2143 sf)
$219,000 (1536 sf)
$229,000 (1426 sf , completely restored/with pool)
$270,000 (1718 sf)
$272,000 (2273 sf)
$274,000 (1664 sf)
$367,000 (2500 sf)

My personal favorite is this great Cliff May home...listed at a price that makes me want to put my own house up for sale and rush out to buy this beauty.

Cliff May home for only $264,000 (1992 sf)

9 comments:

  1. So not fair. Prices are ridiculous over here no matter where you live and houses like this are very rare. :(

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  2. Hmmm compatible to the more "affordable" areas of where I live in southern CA, which I don't consider "cheap" lol...

    I have seen MCM homes for ridiculous cheap prices in other states: From $30,000-$100,000. That I consider good lol...

    But gee, I'd love to own a few of those...

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  3. @MoonDoggie: Awwwwww...you're welcome to come and visit Texas, and maybe we'll talk you into moving here.

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  4. @1950sarh: I agree that "cheap" is a relative term. I guess it really is all about location, location location...and comparing apples to apples. If I drive about 150 miles east to the town where I grew up (population 5000), I can probably find decent-to-nice mid-century homes in the $30-100K range. Here in Dallas-Fort Worth, a $30K home would almost without question be in a really dicey neighborhood and need lots of rehab. Even up to $100K, you'd probably still have a good bit of restoration to do, or the neighborhood might only be in the early stages of restoration, so it might be a gamble putting a lot of money into a fixer-upper. Of course, this is a generalization and completely leaves out the factor of square footage. I'm no real estate expert but I'm guessing it's still in the ballpark for our area, even though I bought my home almost 5 years ago. (Now some realtor will read this and tell me I'm all wrong.)

    I must have the wrong impression about SoCal real estate. The home shows on TLC and HGTV (as well as some friends and relatives of mine who live there) have led me to believe that the prices in your area are much, much higher than here. I need to take a look at what's happened since the real estate bubble burst.

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  5. Those houses look gorgeous! There are so few MCM homes in Georgia. The really nice ones are usually over $200K in the OK neighborhoods, and if you are lucky to find one in a nice intown neighborhood, it's probably over $500K. There are mid-century ranches all over, but they are mostly granny style, or starter homes (like ours) that don't have a ton of period character.

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  6. @adriane: We have lots of granny style ranches here too. My house was built in 1950, so it has a bit of a split personality. Some of the woodwork inside is 1940ish and pretty traditional, but the expanse of ceiling-to-floor windows across the front of the house makes it look less grannyish than the other houses on the block, all of which were built in the mid-40s.

    I think the railing treatment on your house gives it tons of character! I wish I'd had such a cool starter home.

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  7. I love your home! It looks so polished and sophisticated. Someday, I think maybe I'd like to get a ranchalow (spelling?) since I think you get the best of both worlds!

    And thanks for the house compliment! The details on the front of our house were all added when we were on the HGTV show. The rest of the houses in our neighborhood (three or four streets) are very much brick box starter homes, but with the same overall shape as our house. I love the horizontal profile. My main gripe is that a lot of the homes have enclosed the carport, since these houses are teensy, but they are mostly done in a way that looks like someone's uncle came out with some plywood and slapped up walls. Ick. But we love our house!

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  8. I live in Richland Hills, TX, and it is a 1950s time capsule! There's tons of great homes here for sale, but I feel like those that love mid-century overlook this area because it isn't in Fort Worth of Dallas proper.

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  9. @erica: I used to live in Bedford, and I never knew that NRH had lots of mid-century homes. I'll definitely have to check it out.

    Welcome to my blog. I hope you'll come back often.

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