Perfectly pretty, this dress by Semantiks is a steal, priced for a mere $75.

The illusion of a sweater/skirt combo is accomplished with a micro "paper-bag" waist. It's highlighted by grosgrain ribbon detailing that tops off some flowing pleats on the wool skirt.

The sweater part of this dress is a rich grey, not dull AT ALL, and beautifully crocheted. The sleeves are slightly puffed.

Figure-flattering, it falls right above the knees.