Building Costs Per Square Foot in the City of Arlington (TX), USA

Residential Construction Market Analysis in the City of Arlington (TX), USA

Newly Built House in Arlington - 2009 Hill Country CT TX-76012 - 5 Bedrooms and 5 Bathrooms with 4 Attached Garages on Gross Floor Area 4,438 sqft - Built in 2021 - Price $1,199,000 (2)

Newly Built House in Arlington – 2009 Hill Country CT TX-76012 – 5 Bedrooms and 5 Bathrooms with 4 Attached Garages on Gross Floor Area 4,438 sqft – Built in 2021 – Price $1,199,000 (2)

Building costs are 1% above the national average in the City of Arlington in Texas. Who does not dream of having a typical home? Or with becoming the tycoon of the real estate market? For both, Texas can seem like an intimidating state, so you can start by trying one of its smaller cities.

For this, Arlington comes to the rescue. With affordable properties and exponential growth in recent years, this city has it all. Continue reading the article to learn more about its real estate market, and how you can get into it yourself.

Arlington (TX) Construction Outlook

Arlington is a thriving city, which is looking to stand out and escape from the shadow of the other big cities in Texas, such as Dallas, Houston, and Austin. This is not an easy task, but they did manage to make the construction outlook of the city change considerably in the last decade.

They are no longer all neighborhoods of houses, but Arlington has a downtown worthy of any big city. There you will find some buildings and several townhouses, but most with renovated facades to modernize and adjust to the new tastes of the people in the area.

The townhouses are the real stars, and the icons of the city are the stadiums of the Dallas Cowboys and Texas Rangers. Around them there are some hotels and other condominiums, the houses are a few blocks away from all that chaos.

Arlington (TX) Housing Market Analysis and Forecast

Arlington is the newly hot city in Texas. The other major cities in the state, such as Dallas, Austin, and Houston also saw large numbers and growth in their real estate market, which indirectly helped improve Arlington’s situation.

This city, which was a small town just a few years ago, saw a 10% increase in its overall property value. However, some types of properties increased in value by more than 90%, although we will talk about them later.

The average sale of properties dropped by 30% this year. In October 2022, 268 residential properties were sold while in the same month in 2021, 390 properties were sold. This is mostly due to an increase in the number of properties listed for sale, but nothing to worry about.

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