Factors Influencing Property Prices in Lakeside on Preston
Lakeside on Preston in Plano, TX, is a prestigious luxury neighborhood where location, amenities, and market trends influence property values. Understanding the factors influencing property prices in Lakeside on Preston is essential for buyers and sellers looking to navigate this exclusive real estate market.
Why Property Prices Vary in Lakeside on Preston
Lakeside on Preston is one of Plano’s most desirable communities due to several factors:
- Prime Plano Location: Conveniently located near major highways, top-rated schools, and premier shopping destinations.
- Luxury Homes in Lakeside: Custom-built properties with spacious designs, high-end finishes, and unique architectural features.
- Community Amenities: Scenic lakes, walking trails, resort-style pools, and a state-of-the-art clubhouse.
- Plano Market Trends: High demand in this thriving area directly impacts property prices.
Key Factors Driving Property Prices in Lakeside on Preston
Several elements shape home values in this exclusive neighborhood:
- Home Features and Size: Larger homes with upgraded finishes and outdoor living spaces attract premium prices.
- Neighborhood Appeal: Access to green spaces, lakes, and recreational facilities enhances desirability.
- Proximity to Top Schools: Zoned to Plano ISD, which is a significant draw for families.
- Economic Growth in Plano: A robust local economy and job market contribute to increasing demand for luxury homes.
Why Lakeside on Preston Stands Out
The unique combination of luxury and convenience makes this community a top choice:
- Elegant Homes in Plano: Properties reflect a commitment to quality and sophistication.
- Convenient Access: Close to employment hubs, retail, and entertainment venues.
- Family-Friendly Environment: Safe streets, excellent schools, and a welcoming community atmosphere.
- Investment Potential: Strong property values ensure long-term benefits for homeowners.
Final Thoughts
Understanding the factors influencing property prices in Lakeside on Preston is key to making informed decisions in this sought-after Plano neighborhood. With its luxurious homes, prime location, and vibrant community, Lakeside on Preston remains one of Plano’s premier real estate destinations. For expert guidance and personalized service, contact Bale Real Estate Group at 972-469-0332 or info@BaleRealEstateGroup.com. Let us help you navigate the Lakeside on Preston market with confidence and success!
Lakeside On Preston Home Values Market Statistics
Updated December 2024
In November 2024, Lakeside on Preston in Plano, Texas, had five active homes for sale, with prices ranging from $1,095,000 to $2,650,000. The average home value in this neighborhood was approximately $1,264,062, reflecting a 4.5% increase over the past year. Homes in this area typically feature 3 to 5 bedrooms and 3 to 6 bathrooms, with sizes ranging from approximately 3,118 to 8,051 square feet. The neighborhood continues to attract buyers seeking luxury living with convenient access to Plano’s amenities.
Updated – November 2024
In October 2024, Lakeside on Preston in Plano, Texas, had five homes listed for sale, with prices ranging from $1,095,000 to $2,995,000. The average home value in this upscale neighborhood was approximately $1,278,954, reflecting a stable market over the past year. Homes in Lakeside on Preston typically feature 5 bedrooms and 5 to 6 bathrooms, with sizes ranging from approximately 5,200 to 5,922 square feet. The neighborhood continues to attract buyers seeking luxury living with convenient access to Plano’s amenities.
