On a 16-acre slice of Carrollton, the first wave of homes at Carrol Crest is almost ready for move-in. Six of the first nine houses in this 200-home, roughly $160 million community by InTown Homes are nearing completion, with more than 100 customizable floor plans on tap that span about 1,750 to 3,050 square feet. Buyers will be able to choose options for up to five bedrooms, with prices starting in the $500,000s.
Project status and scope
According to the Dallas Business Journal, Carrol Crest is planned as a roughly $160 million buildout of about 200 homes on a 16-acre site. The outlet reports that work on the initial nine homes began last fall and that six of those are now close to the finish line.
Design, floorplans and pricing
The look at Carrol Crest leans coastal rather than classic suburbia. DFW Agent Magazine notes that the neighborhood’s plans call for metal roofs, front porches and rear-access garages, with floor plans that range from roughly 1,750 to 3,050 square feet and more than 100 customizable options. The same outlet reports that nine single-family homes are already being marketed, that base pricing starts in the $500,000s, and that interiors will feature smart-home technology alongside energy-efficient appliances.
Developer and launch
Developer InTown Homes is pitching Carrol Crest as a walkable, design-forward pocket close to downtown Carrollton, a positioning highlighted in trade coverage from Bisnow. The outlet reported the community’s launch earlier this month as builders began releasing the first batch of homes to prospective buyers.
How it fits in the local market
Carrol Crest is arriving in a market that looks a bit more negotiable for buyers than it did a year ago. DFW Agent Magazine summarized an April housing report showing closed sales in the Dallas–Fort Worth metroplex edged higher while the median price slipped, a combination that could give shoppers more room to compare new-construction options like this one.
Nationally, builders are hardly euphoric, but they are slightly more upbeat than earlier in the year. The NAHB/Wells Fargo Housing Market Index rose to 37 in May, signaling modest improvement in sentiment even as affordability remains a headache. In its May release, NAHB quoted builders who pointed to persistent affordability challenges, even as some projects continue to move ahead…