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Live/Work Residences
An application for REALTORS®

One benefit of buying a home in the suburbs is that real estate can generally be more affordable there. But with the cost of gasoline soaring these days, that commute is looking much less attractive.

In response to the cash crunch, some builders are constructing homes with fully functioning home offices. Now you may be thinking, sure most homes already come with an office space, but this is actually quite innovative.

Live Work Builders has created The District at Uptown in Keller, TX, a suburb of Dallas-Ft. Worth. They describe the community as live/work executive residences. It's a combination of residential and employment space that is specifically designed for dual use. A typical buyer would be someone who wanted to establish or grow their existing business and who also desires the convenience and benefits of working from home.

Each office is pre-wired for high-speed internet and features custom built-in bookshelving and filing units. There's an independent, well-defined exterior entrance to the office so that a client can stop by comfortably. There's even exterior signage noting the business inside, and a dedicated parking space for customers. These offices are ideal for professional businesses like attorneys, counselors, web-designers, etc.

The architects of these semi-custom homes note that having a dedicated work space alleviates the time and cost associated with commutes, which can result in higher productivity during the work day. They also remind buyers of the tax benefit of business ownership and the convenience of having only one mortgage for your home and business.

With the direction gas prices are heading these days, this sounds like a trend that might be here to stay. To learn more about this builder and the live/work concept visit www.LiveWorkBuilders.com.

Published: August 19, 2008

Use of this article without permission is a violation of federal copyright laws.


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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

Today's Headlines 08/19/2008


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