Renting in the Historic District

Searches come through every now and again for apartments or rentals in the Historic District.  The recent demolition of the apartment building by Finch Park and the Westwood Apartments on Virginia has had me thinking about rental choices here in the Historic District.  I have been wondering if they will rebuild apartments in either place.

It’s a cinch that would be based on demand but, for the life of me, I can’t figure out demand for rentals in the Historic District. Where I used to work in Richardson, a premium apartment in a little retail development was offered for over $3,000 a month.  It couldn’t possibly have offered the lifestyle that we have here with the church bells ringing, horse & buggy going by and the sounds of live music coming from the square on the weekend nights. I would think that rentals here would command a premium.  Somehow, they don’t seem to.

I passed by this house last weekend, for sale on Tucker Street.  This is not your average house in the District. At over 4,000 square feet, its listing on realtor.com says it has 13 rooms, two living areas and a library.  Wow, wow, triple wow.  I’ve always loved passing by this house.  When I saw the “For Sale” sign, I just had to take a picture.

Home For Sale on Tucker Street

Home For Sale on Tucker Street

For now, the normal rental looks more like this one on Church Street. With 3 bedrooms, 2 baths and about a minute and a half walking distance from the square, it will rent for around $1,200 a month.

Rental on Church Street

Rental on Church Street

If you aren’t in the market for a house, though, there’s just not a lot of the variety I’d expect. I’d think that there’d be at least few rentals all dudded up with window boxes and the like, catering to new college grads and seniors scaling down.

While we do have several apartment complexes in the Historic District … Benge Hill, Park Place, Kentucky Place, Tennessee Place … only Lamar Plaza Apartments seem to really capitalize on their proximity to the square and the Historic District lifestyle.

Lamar Plaza Apartments

Lamar Plaza Apartments

I’ve always thought that Lamar Plaza was a beautiful complex.  It’s small.  It fits into the neighborhood.  It has a nice swimming pool and gorgeous spiral staircases leading to the door of each second floor unit. They are literally about three or four blocks from the square. They are not expensive.

Lamar Plaza Apartments

Lamar Plaza Apartments

In fact, compared to that premium apartment in Richardson, nothing is expensive here (as far as rentals go).  Is luxury rental anachronistic in the Historic District?

It crossed my mind the other day how the old Virginia Rose Bed & Breakfast might make a great posh retirement home. My husband  disagreed, thought you’d need to put kitchenettes in.  I was thinking it could go with a community kitchen, but maybe he’s right. I don’t know.  The grounds would be perfect for seniors to sit out and read a paper or book and it is all of two or three blocks from the square.   I cringe to say it, but it would also make an excellent hospice, if the zoning would permit.

Virginia Rose Bed & Breakfast For Sale

Former Virginia Rose Bed & Breakfast For Sale

So this was just a ramble.  Something jostling around in my head.

Until next time,

Happy Shopping!

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