Real Estate Tips July 21, 2022

How Electric Cars Are Driving Change For Dallas Real Estate

Luxury Meets Technology: How Electric Cars Are Driving Change For Dallas Real Estate

Electric cars are driving into the future of real estate and luxury builder Martin Evenson of SouthernView Residential is leading the charge. Take his most current creation for instance, an energy-certified smart home in the coveted Dallas neighborhood of Devonshire. Located on a wide lot suitable for a pool, their 2018 new-build at 5516 W Hanover Dallas, Texas 75209 is professionally dressed for the future with luxury amenities at every turn, including an EV charging station in the two-car garage.

“In five years or so, I believe at least 35 to 40 percent of all the new cars sold will be electric,” says Martin Evenson of SouthernView Residential. “The world has gone battery-powered; we need to accommodate today’s lifestyle and continue to adjust to what’s coming. When I build a house, I look into the future for the buyer to anticipate their needs. They might not need a charging station today, but there is a good chance they will want one before long and I don’t want them to have to re-invent the wheel when that time comes. If the amenity was not there they’d need to tear out the wall and re-patch it to install a charging station.”

In 2013, the City Council of Palo Alto, Calif. made it illegal to sell a new home without an automotive charging station. One council member told Palo Alto Online, “We have electric-vehicle owners who aren’t able to drive their vehicles to Palo Alto because they can’t charge up when they get to work.”

This is not just happening in California, though. According to Bloomberg NEF (BNEF), by 2040 55% of all new car sales, and 33% of the global fleet, will be electric.  Today, there are roughly 15,932 charging stations in the U.S., 176 in the Dallas/Fort Worth area.

In Dallas, SouthernView is responding to the trend.

As we prepare to welcome potential buyers to the new home on W. Hanover, we have also welcomed a beautiful new electric vehicle, BMW’s i8.  The chassis for this car was updated last year and comes with three packages: the lighting package, the M sport package, and the premium package.

BMW is preparing to mass produce 20 electric cars by 2020, whether that be a hybrid or a fully electric car, said Sales Associate Jacquilyne Adair at Sewell BMW of Grapevine, who helped us put the BMW on display in this new Devonshire home.

This new trend in high-end real estate is on the cusp of being today’s norm. With the purchase of this home, the buyer(s) is crossing the threshold into the future that has already transpired to some extent.

BMW’s i8 staged in the garage of this SoutherView home. Features of the car include: 19” wheels, heated steering wheel, run flat tires, floor mats, Apple carplay, navigation, lumbar support, and a Harman Kardon surround sound system.”