Hot Real Estate
As it celebrates 300 years, San Antonio is having a moment. According to the San Antonio Board of Realtors, home sales rose 3.8 percent in 2017 to a record 30,715, up from 29,596 in 2016. And things just keep growing with 2018 growth expected to continue its upward trend.
If the city's housing supply can provide enough inventory to slow down price gouging, there are plenty of homes to be had in the Alamo City. We talked to some of the area’s most notable realtors to get their picks on the city’s hottest spots for real estate purchases in 2018.
With access to the city’s hottest school district, it’s no shocker that this old standby makes the cut. With an eclectic mix — no two homes are alike — this walkable area is chock-full of personality and old school charm that’s modern meets Mayberry.
“Homeowners in Alamo Heights can choose their homes to reflect their personality,” says Kathy Ripps with Sotheby’s Realty. And with old San Antonio favorites like La Fonda and the McNay Art Museum mingling with new school hangouts like Local Coffee and Bird Bakery, there’s something for everyone. “With proximity to the River Walk, theater, and museums, this area truly is able to enjoy the heart of San Antonio,” says Ripps.
Along with King William, Lavaca makes up Southtown, one of city’s coolest neighborhoods. Adjacent to the recently revived Hemisfair on the edge of downtown San Antonio, Lavaca offers eclectic home options, as well as walkability to restaurants, the River Walk, and downtown. “Homeowners have their pick of historic homes to modern high-rises in this up-and-coming area,” says Sotheby’s Realty’s Debra Maltz.
Part of the East Side revitalization, Dignowity and adjacent Government Hill are two historic up-and-coming gems ripe for the picking. “The bustling East Side is full of beautiful homes waiting for restoration,” says Maltz. Easily navigated by bike or on foot, Dignowity offers residents easy access to the Pearl, nearby restaurants, and more.
Listed by Forbes in 2016 as one of the U.S.’s most expensive suburbs, Terrell Hills has seen even more growth in recent years. “The eastern side of Terrell Hills has seen very positive growth and improvement in general,” says Patrick King of Keller Williams Realty. “Buyers can expect a wide mix of older homes, mid-century modern, and new.”
This large-lot neighborhood is a favorite among buyers seeking spectacular views and custom homes, all with close proximity to the city. “The I-10 corridor has grown and continues to do so,” says King. “This secured access community allows you to live privately in the Hill Country and still have everything at your fingertips, just outside the gated entry.”