You can do it, but again, you really need to get more granular than "inside the loop". You get a mansion near UH for $500,000. Tons of houses in the Heights by the way.
I live right by those and know the builder (Alan Walter Homes) as he built two on my street that sold for around $550,000.00. No backyard at all, all home on the plot but his homes are major quality. Pesticide lines throughout the walls, major energy efficient (no light bill over $100 or they pay it for you), quality workmanship unlike most that are built in 3 months, etc. I went to the open houses on both and while I loved the insides, I need a backyard with my dogs and for that price I need a view. Those homes are literally just a couple of blocks from the railroad tracks too. The 3 story homes on Maxie right down the road went for those prices too and they're maybe a block from the tracks, but they have a roof view of downtown, so I guess it was worth it to those buyers and they are nice. I know he did not get close to the asking prices on the ones he sold though, and those three just stand out too much on that side of Malone with all of the older, updated smaller homes. BTW- I'm the guy walking the Boxer behind my wife walking the two schnauzers. Don't shank me bro! Edit- We bought our home newly built in 2011 while the recession was still in full swing and the home was on the market for 4 months, now I have people offering to BUY my home even though it's not for sale. Just crazy. If we were to buy this home now the price would be insanely higher. We got very lucky.
The one I'm getting is 2430 sq ft with a backyard, covered patio, and a tiny pool. You're not going to beat the quality or the location, especially compared to 180k-220k homes in freaking Richmond.
It means we don't plan on selling it unless circumstances force it. We knew the house we are living in now was temporary. We love where we live, close to lifelong friends and outstanding schools. Living our own personal dream. Just like you and Ziggy prefer the inner loop and place a priority in your lives on the great things it has to offer, or like moes and his 750 sq-foot, 6-month lease, all bills paid apartment meaning he'll never have to worry about the annoyances of owning ones own home, my wife and I have built a life for each other that makes us both happy. I hope nothing but continued happiness for the three of you as well!
Whoa whoa whoa, I DIDN'T EVEN SAY ANYTHING! I mean, one day I will be out there anyways toking away with yous!
We don't take too kindly to polo shirts and fancy colognes in these parts ya hear? You come out here to visit your fat relatives and whine about having to eat at chain restaurants with limited beer selection. Now you just be on your merry way mister oil man.
The inner loop snobbery is the weirdest thing to me. I lived inside the loop for all but the last 4.5 years and I've lived sort of in Katy since then. I've been happy both places for different reasons.
I had an extra Bingham ticket but I chose to use it in place of a zig-zag instead of giving it to you.
Put they are a bit scared to walk around the hood. It's funny because I see the houses but no one's ever outside like the Heights lol.
thinking about purchasing a new town home is now now an ok time to buy ? any info i know this summer the market was crazy high and homes were going fast but seems like alot of used homes are dropping now, but not the new builds with energy features.
House prices have started declining in my area (southwest side). Houses are staying on the market for much longer periods now before selling. Noticing more and more for sale signs too, probably folks in the O&G industry? We've been looking ourselves, probably buying our first home with in the year.
I built a house in Spring Branch. There is plenty of development in my area. David Weekley has a few things out here. Their houses range from 350 and up and would be in the 500s in the 2500 plus sq ft range (Bingle and Long Point). I'm sure you can get a good discount bc of the economy and it's at the beginning phase of the project. Kolbe Farms is a planned development with a lake, park, swimming pool. That's pretty close to where we built. http://www.intown-homes.com/find-town-homes/l-d207-kolbe-farms-phase-ii.html
Can you elaborate? How and why would someone fire sale a house? I get that if someone is laid off and/or taking a job in another city, they may want it to move very quickly, but in this market wouldn't the price still be bid upward if it's priced low?
Condos is where the market is soft. People should be on the lookout for a short sale when things get worse in Houston.
