Elsby Avenue takes center stage in our latest Splurge vs. Steal! This week we put the spotlight on two historic offerings you have to see to believe. Both sit on one of Brairwood’s most iconic streets and have all the charm and upgrades one could ask for. Add to that a prime location near Lover’s Lane shops and cafes, plus easy access to downtown Dallas, and you have the recipe for real estate gold.

The only question is which will you choose? The Ivy Cottage Splurge or the Tasteful Traditional Steal? The choice is more difficult than you think.

Splurge: Elsby Avenue Cottage With Main Floor Master Suite And Outdoor Oasis For $699K

Tired of touring every boring ole cookie-cutter house on the block? Then this Briarwood beauty is for you! In fact, it’s easy to see why listing agent Anne Goyer with Briggs Freeman Sotheby’s International Realty thinks you’ll fall in love with “The Ivy Cottage.” It’s a charmer!

Situated on a heavily treed lot, the four-bedroom, two-full-bathroom home features a light-filled 1,997 square feet. And it’s filled with thoughtful touches galore. As if the white picket fence isn’t enough, it has a classic red door with a green striped awning. All this rests at the end of an elongated and stately drive.

From the oversized picture windows to the hardwood floors and gourmet kitchen, no detail is left unturned. This includes the vaulted and exposed beam master, complete with fireplace, loft, and ensuite bath. You’ll find bead-board, built-ins, and custom finishes throughout. But the real bonus is in the backyard! An expansive deck allows you to entertain outdoors with ease, overlooking a private, secluded lawn. A one-car attached garage rounds out this immaculate cottage.

Anne Goyer with Briggs Freeman Sotheby’s International Realty has listed 4534 Elsby Avenue for $699,000.

Steal: Terrific Traditional With Pergola, Mud Room, And Circle Drive For $529K

Great things really do come in small packages! For over $150,000 less than our Splurge, you can live in this two-bedroom, two-bathroom gem right down the street. It, too, offers loads of charm and tasteful updates for modern-day. There is a fabulous great room with moldings and paneling, plus built-ins and a fireplace.

Nearby, the kitchen offers ample counters, glass-front cabinets, and a gas range. Even better, it flows into a cozy dining area for sharing and making memories around the table. But the real selling point is the massive backyard. Here, a canopy of mature trees provides a quiet space for nature-lovers. Dine alfresco beneath the pergola covered patio or simply take in the sights of the tranquil landscaped lawn. Did we mention you can walk to Lover’s Lane?

Rachel Norris with Compass has listed 4551 Elsby Avenue for $529,000.