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Market Update: Addison's Grand Addison Subdivision, 1st Half of 2013

By
Real Estate Agent with HomeSmart Stars TX #0552717

Addison Real Estate: Homes in Grand Addison subdivision.

Contrary to popular belief, people DO live in Addison, Texas.  There are single family, zero lot homes in the Grand Addison subdivision, located south of Les Lacs Drive. There are two entrances into the community, Beau Park and Brookwood, off Les Lacs. The community is quiet, yet close to the hustle and bustle of restaurant row, shopping, entertainment and major highways.

The single family homes in Grand Addison are on the following streets:

  • Brookwood Lane
  • Shadowood Lane
  • Aspen CourtAddison Texas Real Estate - Homes in Grand Addison
  • Camelot Court
  • Dartmouth Court
  • Evergreen Court
  • Cambridge Court
  • Parker Court
  • Blueberry Court
  • Greenleaf Court
  • Hawthorne Court
  • Whitman Court
  • Dove Court
  • Princeton Court
  • Walden Court
  • Poe Court
  • Ponder Court
  • Flanders Court
  • Windsor Court
  • Stratford Court
  • Dickenson Court

Most of the streets are cul-de-sacs. All the homes are in a property owners association and the dues are currently $202/quarter. This covers the front yard maintenance and the sprinklers. These garden homes were built between 1993 and 1996 and range in size from 1,574 square feet to 2,941 square feet. The homes are one or two-story and all have a front entry garage unless they are on a corner. The majority of the homes have three bedrooms, but there are some two bedroom and some four bedroom garden homes in Grand Addison.

One of Addison's two dog parks is located just south of the Grand Addison subdivision and Addison is pet-friendly.

Based on Dallas County tax records for 2012, the assessed values for homes in Grand Addison range from a low of $200,890 to a high of $339,890. 

There are currently 4 homes for sale in Grand Addison, ranging in price from $285,000 to $339,900. Eight homes sold in the subdivision in the first half of the year:

Lowest sales price: $236,000 (for a small 2 bedroom)
Highest sales price: $343,743 (for a 2704 sq ft home)
Average sales price: $279,455
Lowest price per square foot: $107.75
Highest price per square foot: $143.20
Average price per square foot: $129.96

There is more to Addison, Texas than restaurants, office buildings and the alcohol beverage center!

If you're looking for homes in Grand Addison, or other Addison real estate, contact me today.

 
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Posted by

Lorrie Semler, REALTOR
HomeSmart Stars

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