Bonton Neighborhood Change

Average property values in Bonton have increased consistently despite the economic recession.

Though still remaining low at almost $40,000, average values have more than doubled since

2003. This is a fantastic change compared to Dallas’s 62% change in value while still maintain-

ing affordable home prices for both new and existing residents.

The number of vacant lots in the neighborhood has fluctuated significantly, indicating separate

seasons of demolition and construction. The number has trended downward, but, for now, new

construction is just barely outpacing demolitions.

“Rental” homes, or those without a homestead exemption, have trended mostly downward.

Homes that would fall into this category are rental homes, abandoned homes, homes with new

owners, and homeowners who simply did not apply for the exemption. A downward trend is a

positive sign, showing that either rental homes are declining or existing homeowners are taking

more interest in their homes.

Housing conditions also show positive trends, indicating significant new construction and de-

creasing below-average housing. In addition to having 54 more excellent quality homes, the

neighborhood has seen 78 (22.3%) fewer fair to unsound quality homes.