Come out to Uptown Realty at 2309 Rio Grande on Saturday February 3rd, 2018 from 2-6pm to cast your vote to crown the Chili Cook-Off Champion! REGISTER HERE to enter the cook-off and compete for $200 first place cash prize and $100 second prize.
Take a guided tour with Helena Martin throughout the Uptown office as she showcases her incredible work which will also be available for purchase. Moonchild Mehndi will be offering henna tattoos while you listen to music and enjoy beverages from Tito’s Handcrafted Vodka. The entire event is FREE with donations accepted to benefit Keep Austin Fed as well as animals up for adoption from the Friends of Austin Animal Center!
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Just How Affordable is the Austin Real Estate Market?
Austin is growing at a rapid rate and that includes its population. In fact, Biz Journals relayed last year’s estimates by the US Census Bureau which revealed that over 58,000 people were added to the city’s population. That’s an average of 159 people per day.
Inevitably, the demand for housing is also increasing. But just how affordable are Austin properties?
When it comes to renting, there’s no straight answer considering that there are a lot variables involved. We explained all of those in detail through the post ‘Cost of Renting in Austin’ wherein it was also specified that everything is dependent on the policies of the leasing party.
However, when you factor in the rates in other cities, it’s easier to see the affordability of Austin’s real estate. The Austin Relocation Guide magazine shared the findings of ACCRA which lays out the cost of living in Austin in comparison to other major US cities. In the ‘Housing’ column of the chart below, it’s clear that the city ranks among the least expensive metros to live in.
(data: ACCRA via Austin Relocation Guide)
A separate report by Curbed Austin showed how the capital of Texas ranks against major cities in both the East and West coast in terms of average listing prices. As of last month, Austin’s average is $345 per square foot while the lower and upper end of the price range are $109 and $1,640 per square foot, respectively.
By contrast, Los Angeles averages at $417 per square foot. San Francisco has even higher rates at $1,185 per square foot which is over three times that of Austin. On the East Coast, Manhattan has a whopping average listing price of $1,773 per square foot, with its lower and upper end rates at $437 and $10,338 per square foot, respectively. Miami, another Eastern US real estate hotspot, also has prices comparable to Manhattan. Discover Homes Miami listed some of the most affordable neighborhoods in the city and they already have prices that range from $620 to $1,840. Based on the tallies, the only major city that has considerably cheaper real estate pricing is New Orleans.
Nevertheless, you also have to consider Austin’s low population density, or the number of people per square mile. This means that each citizen can have more space as there are fewer people within a given area. And in sectors with numerous developments, that means you have more options when looking for a property. To help you find that perfect abode, you can use Uptown Realty’s Search feature or call us at 512-651-0505.
We’ve had a string of 100+ degree days and summer is still in full effect but with University of Texas at Austin classes starting back in just a few weeks it’s time to make the big move! Moving can be a very stressful time of year for many university students making the trek back to West Campus, North Campus, or Hyde Park so we wanted to give everyone a little information to hopefully make your life easier!
There’s so much to think about when moving and I know that setting up utilities can be
one of the most annoying parts of it all. Multiple phone calls to figure out if you just need the City of Austin, or do you need gas as well. Do you live in a condo that covers some of these utilities? It can all get a little confusing plus when it comes time to set up cable and internet that can mean making multiple calls to see who has the best deal.
If you haven’t used it before, check out 360 Home Connect as an easy, 1 stop shop to set up all your utilities, cable, and internet for free! They make money by receiving a commission from the cable and internet providers but will help setup all of your utilities through the city and gas company for free. Often times they have better deals on cable and internet as well!
If you’d prefer to set everything up on your own, here are a few helpful links and numbers:
City of Austin Utilities – 512-494-9400
Texas Gas Service – 800-700-2443
Spectrum (Time Warner Cable) – 1-855-243-8892
AT&T UVerse – 866.861.6075
Grande Communications – 1-844-357-0942
Google Fiber – 844-363-4236
We hope this helps with a smooth transition and we wish all of the students the best of luck for 2017-2018! Pre-Leasing will start in the next few months so give us a call at 512-651-0505 or shoot us a message so we can help find that new perfect home for you and your friends!
Come out to Uptown Realty’s first event Saturday June 10th from 2-6PM in our Meet the Artist Series featuring the amazing work of Lia Politi. FREE crawfish boil, music, and libations from Tito’s Handmade Vodka & Middleton Brewing.
The party is completely free but we will be accepting donations for our charity partner, Keep Austin Fed and all of Lia’s artwork will be on sale.
Stop by and bring a friend, we can’t wait to see everyone Saturday!