Real Estate

Des Moines' newest "smart home" proposal

A photo of townhouses in Des Moines.
The Oaks on Fleur development would be designed similar to this ongoing row house project at 550 Indianola Ave. Photo: Jason Clayworth/Axios

A developer is proposing to build 15 new "smart homes" in Des Moines.

Why it matters: The row house project at the corner of Fleur and Willowmere drives would incorporate some of the latest technology for automated tasks into the housing design, such as apps or voice-controlled features.

Linh Ta
Jan 13, 2022 - Real Estate

New report shows renting beats buying in Des Moines

Data:Β ATTOM; Map: Jared Whalen/Axios

It's cheaper to rent a three-bedroom property in the majority of the Des Moines metro than it is to buy a median-priced home, according to a new report by real estate database company ATTOM.

Why it matters: While home prices in Des Moines are more stable than many parts of the U.S., the metro's median price is continuing to rise.

Des Moines rezones homes on city's east side after slew of issues

A photo of a fire-damaged home in Des Moines.
Renovation of this fire-damaged home in the 1400 block of E. 21st Street stalled for more than two years largely because owners couldn't obtain city permits that would allow it to be expanded and modernized. This is how it looked in March and again on Dec. 20. Photos: Jason Clayworth/Axios

More than 130 homes on the east side of Des Moines returned to residential zoning Monday under a decision approved by the City Council.

  • It reverses a 2019 decision that had added them into an industrial area.

Why it matters: Homes in industrial zones often can't obtain city permits to be properly fixed or modernized after a disaster, neighborhood officials told Axios back in March.

  • Getting loan approval was also more difficult because of the zoning, they said.

Des Moines considers $20 million mixed-use building in East Village

A photo of a proposed Des Moines building
Illustration courtesy of Heart of America via the city of Des Moines

Construction of a $20 million residential and commercial building in Des Moines' East Village could begin this spring.

Driving the news: The plans go before the City Council Monday.

Why it matters: Preliminary financial terms between developer Heart of America and the city call for more than $4.8 million in incentives for the seven-story project at 317 E. 6th St.

  • Yes, but: The project will generate almost $12 million more in taxes over the next 30 years as compared to the site's current development, city officials estimate.

First look: Dogtown's Theater Plaza in Des Moines

An illustration of Des Moines' planned Theater Plaza.
A space for summer outdoor movies just north of the Varsity Cinema is among some of Theater Plaza plans. Illustration courtesy of Slingshot Architecture/Des Moines Plan and Zoning Commission

Des Moines zoning officials will consider plans on Thursday for Theater Plaza, which is part of a $63 million project to redevelop an area off Drake University's campus.

Why it matters: It's a big piece to the emerging Dogtown business district.

  • It would help create a walkable, vibrant hub to an area frequented by roughly 5,000 students and hundreds of thousands of annual visitors.
Linh Ta
Nov 9, 2021 - Real Estate

The Des Moines metro's most popular ZIP codes

Data: Zillow; Map: Sara Wise/Axios

The most popular Des Moines metro ZIP codes for home buyers β€” and scrolling dreamers β€” are in a mixture of the city's more affordable neighborhoods and suburbs in Polk County, according to a Zillow analysis.

Why it matters: It signals what potential homebuyers want β€” homes in their price range and near good schools.

Linh Ta
Nov 8, 2021 - Real Estate

Des Moines hideaway by private pond for sale for $675K

A private hideaway for sale in Des Moines by a private pond.
A home for sale in Des Moines at $675K. Photo courtesy of Dwight DuBois

Des Moines' real estate market is starting to settle down as we head into colder temperatures. But we're still seeing rising prices and faster than average sales.

  • If you're looking for a unique home to settle down in, check out this home for sale at 2922 Terrace Dr., sent to us by Axios Des Moines reader Dwight DuBois.

Fareway plans more development for Gray's Lake area

Vacant land the city of Des Moines is selling for redevelopment.
The city of Des Moines is selling multiple vacant lots near Jasper Winery for redevlopment. Photo: Jason Clayworth/Axios

A Midwest Quality Wholesale store is being planned at a site near Gray's Lake, Fareway spokesperson Emily Toribio told Axios Monday.

  • MQW is a subsidiary of Fareway, which has offered to buy five vacant city-owned lots near the 2500 block of Sunset Road for the project.

Why it matters: It's another sign that development in that near-downtown area is heating up.

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