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Walsh Ranch Is Coming

Many of Clients have ask about the Walsh Ranch Development and I wanted to give you all an update on some information that was recently published.  I know you all are anxious to see this project take off.

Dallas-based Republic Property Group has been chosen to lead Walsh Ranch development as the 7,200-acre residential community takes shape in west Fort Worth.

Following months of speculation, the F. Howard Walsh family named the Dallas developer to oversee a community that could add more than 15,000 homes to land along Interstate 20 where it and Interstate 30 merge.

After considering more than 40 potential developers in a nationwide search, the family chose Republic Property Group to transform the property.

“In RPG [Republic Property Group], we have found a partner who shares our passion and vision. They are legacy minded in their desire to create a world class community, which will have a positive, lasting impact on the region,” said Malcolm Louden, president of Walsh Holdings, in a news release.

The company considers Republic “a natural choice,” citing its more than 48 years of developing signature projects. The firm has overseen Stonebridge Ranch in McKinney; Phillips Creek Ranch in Frisco; and Light Farms in Celina, among other developments.

”We chose RPG because they share our vision to be innovative and with their combination of youth and experience they will be able to grow with this community,” F. Howard Walsh III said.

According to Tony Ruggeri, Republic co-CEO, the firm will work in conjunction with the Walshes to fulfill its vision of becoming a premier development on a national scale.

“We are currently in the planning phases and are scheduled to break ground later this year,” Ruggeri said.

At full buildout, Walsh Ranch is expected to offer single-family homes, schools, churches, hospitals, retail, office, hotels, multi-family and other mixed-use space.

“Our collective vision is to create an iconic community that complements Fort Worth, promotes growth and brings another facet to the thriving city,” said Jake Wagner, co-CEO of Republic.

From a market standpoint, Wagner described the timing for the development as “perfect, allowing the family and RPG to capitalize on the growth of Fort Worth and the region. Walsh presents an unparalleled development opportunity.”

That’s because it’s the largest contiguous tract of land in the country within 10 minutes of a major central business district, Wagner said.

The development’s first phase will be single family homes on about 1,700 acres, Ruggieri and Wagner said in an interview.

Between 300 and 500 homes could be built on that acreage, with the first becoming available as early as late 2016 and with “2017 being the first year of big sales,” Wagner said.

Total buildout of the first phase, depending on market conditions, could be 10-12 years, he said.

The homes will be mainly in the Aledo Independent School District, with some in the Fort Worth district, Wagner said.

Republic is talking to the city of Fort Worth about revising development agreements, Wagner said. Subdivision planning, lot layouts and replatting will follow. Republic will start talking to homebuilders this summer, with plans to release lots to builders beginning in the late fall, Wagner said.

The development will have a diverse range of lot sizes and homes, going from smaller ones to large custom-built homes, the two said.

Prices will start at about $300,000. “They’ll go up as high as the custom market allows,” Wagner said.

The development will also feature a strong array of amenities, Ruggieri and Wagner said. Republic is collaborating with city and industry leaders in discussions about amenities, Ruggieri said.

As to what those amenities might look like, he said, “We’re not quite there yet, but they will be spectacular.”

Total buildout of the 7,200 acres could take 40-50 years and add $6 billion in taxable value, Ruggieri and Wagner said.

The Walsh family has a long history of community involvement. Since the 1930s, the family has directed its philanthrophy to several Fort Worth institutions, including Bass Performance Hall, Fort Worth Academy of Fine Arts, Harris Methodist Hospital, All Saints Hospital and Cook Children’s Medical Center. It also donated land for the Northwest Campus of Tarrant County College and has contributed to Texas Christian University, including the Mary D. and F. Howard Walsh Center for Performing Arts, Walsh Sports Medicine Complex and renovations to Daniel Meyer Coliseum.

More information on Walsh Ranch is available at http://www.walshranch.com/.

At Realty World Professionals and as your Realtor, we stay ahead of the Real Estate Market trends and bring you the most value in bringing you information to help you with all your Real Estate needs.

Whether you are thinking of buying or selling Real Estate in Parker County or the Dallas Ft. WorthMetroplex we want to be your Realtors of choice. We have a professional team of Realtors to help you with all your Real Estate Needs.

Call TODAY and get started looking for your dream home. We are here to help you with ALL your Real Estate needs.

Buy or Sell a Home with Us…..Use Our Moving Truck for FREE!

Mark’s mobile 817-690-0954, Pam’s mobile 817-690-0976 or Alicia’s mobile 817-680-7786, or Call our Office 817-441-7707 to talk to one of our very committed, experienced and professional Real Estate agents.

 

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Homeowner’s Insurance and Closings

Select your homeowners’ insurance company early in the home buying process. It may be the insurance company you currently use for your home and/or auto insurance. After you make an offer and have an acceptance on a home purchase you will have a few days to obtain inspections and appraisals. This is the Option Period. During this option period contact your insurance agent and ask that they run a CLUE Report (Comprehensive Loss Underwriters Exchange). A CLUE Report discloses previous claims on the subject property for the past 7 years. Claim history will include the date of the claim, insurance company involved, cause of loss and amounts paid if any, status of the claim and name of the insured and claimant. This information can determine if you will have any issues obtaining insurance for your new home due to water loss, mold or other issues. By having a CLUE Report run for your potential home purchase during the option period you will have time to explore any potential problems and determine how to best mitigate them.

The Title Company will require Homeowners Insurance information before the final loan documents can be drawn. The insurance binder must show the lender requirements so it is imperative the Title Company and your insurance agent are in contact with each other as soon as possible.

Knowing what you need beforehand will make the home buying experience easier.

At Realty World Professionals and as your Realtor, we stay ahead of the Real Estate Market trends and bring you the most value in bringing you information to help you with all your Real Estate needs.

Whether you are thinking of buying or selling Real Estate in Parker County or the Dallas Ft. WorthMetroplex we want to be your Realtors of choice. We have a professional team of Realtors to help you with all your Real Estate Needs.

Call TODAY and get started looking for your dream home. We are here to help you with ALL your Real Estate needs.

Buy or Sell a Home with Us…..Use Our Moving Truck for FREE!

Mark’s mobile 817-690-0954, Pam’s mobile 817-690-0976 or Alicia’s mobile 817-680-7786, or Call our Office 817-441-7707 to talk to one of our very committed, experienced and professional Real Estate agents.

5 Staging Mistakes Sellers Make

1. The sellers used beat up or ugly furnishings and decor.

Have a consistent message throughout the process of staging. Use clean and simple furnishing to highlight a space.

2. They created distracting themes and scenes.

Occasionally, though, these scenes and vignettes can go rogue, creating borderline bizarre scenarios that distract and detract more than they help. Stay away from themes and try to stay neutral.

3. The house is neither clean nor clutter-free.

The little messes that a family accumulates through daily living can be perceived by buyers as distracting at best—disgusting, at worse. Do not underestimate the power of piles of clothes, mail, paperwork, dishes or kids’ toys to deactivate the home-selling power. Professional weekly or bi-weekly cleaning during the listing period can be a small investment to help put your house at the top of the list for some buyers.

4. There are glaring gaps.

This often happens when sellers run out of time and money to prepare a place, but it can be avoided through smart advance planning and budgeting for the pre-listing property preparation.

  • Rooms—Buyers like to look in the garage, closets, cupboards & drawers to check out the space they will have—if they are crammed full of junk, it creates the impression that the house lacks storage and order.
  • Exterior vs. interior—Some homes have amazing curb appeal, but look like they’ve been run over roughshod on the inside. And the opposite is true. Neither of these is ideal. Make note of the most budget-friendly or simple-to-do projects that may be able to help remedy any eyesores.
  • Multi-sensory gaps—If a home is beautiful to the eye but smells bad, is strangely hot or cold, or has a noise issue, it may be hard for Buyers to get past those issues. Especially if there are pets, sellers may need a gut check on whether your home is smelly—sellers might be so used to it, that they can’t sense it anymore. Ask an unbiased third party for an opinion. Plug-ins go a long way.

5. The seller lacked a neutral, expert eye.

Home decorating and home staging are two different things. When an owner decorates a home, they customize it with your specific tastes, preferences and aesthetics in mind. When staging it, the goal is to neutralize the home’s look and feel so it appeals to more buyers and doesn’t have turn-off potential.‘Decorating a home is personalizing it. Staging a home is depersonalizing it.’Says Barbara Schwarz, President of the International Home Staging Professionals Association.

Stay away from personal tastes. As an agent I encourage sellers whose homes that have been beautifully decorated to at least have a home staging consultation with me and a professional stager. It is part of my service to give advice about what buyers love.

At Realty World Professionals and as your Realtor, we stay ahead of the Real Estate Market trends and bring you the most value in bringing you information to help you with all your Real Estate needs.Whether you are thinking of buying or selling Real Estate in Parker County or the Dallas Ft. WorthMetroplex we want to be your Realtors of choice. We have a professional team of Realtors to help you with all your Real Estate Needs.Call TODAY and get started looking for your dream home. We are here to help you with ALL your Real Estate needs.Buy or Sell a Home with Us…..Use Our Moving Truck for FREE!

Mark’s mobile 817-690-0954, Pam’s mobile 817-690-0976 or Call our Office 817-441-7707 to talk to one of our very committed, experienced and professional Real Estate agents.

 

Archer Napa Hotel

The Planning Commission has unanimously approved the construction of the Archer Napa Hotel. This is good news