Timbergrove, Cottage Grove & More-Price Trends
This is my last post on the Chronicle’s Price Trend Survey done recently.
My first (May 15th) post gave info on Oak Forest, Garden Oaks and other close-in neighborhoods surrounding the Heights.
The next post (May 17th) covered some of the myriad Heights neighborhoods.
Both of these posts covered adjacent groups of neighborhoods. This last post covers a mixture of neighborhoods. Some close-in (Shady Acres, Cottage Grove), others further out.
House Price Trends: East End & More
Subdivision | # of Homes In Subdivision | Median Year Built | Sales 2013 | Median SF | Median $/SF | % Change 2012/2013 | % Change 2009/2013 |
---|---|---|---|---|---|---|---|
Broadmoor | 442 | 1935 | 8 | 1216 SF | $111/SF | +43% | +120% |
Eastwood | 687 | 1938 | 18 | 1396 SF | $97/SF | +21% | +20% |
Idylwood | 319 | 1940 | 16 | 1564 SF | $144/SF | +12% | +4% |
Rice Military | 102 | 1999 | 8 | 2372 SF | $228/SF | +10% | +16% |
Shady Acres | 489 | 1945 | 24 | 1104 SF | $209/SF | +44% | +45% |
Cottage Grove | 527 | 1940 | 46 | 1036 SF | $153/SF | +10% | +14% |
Timbergrove Manor | 1642 | 1957 | 98 | 1764 SF | $212/SF | +20% | +25% |
Lazybrook | 664 | 1960 | 45 | 1715 SF | $200/SF | +12% | +29% |
Westbury | 3395 | 1960 | 186 | 1811 SF | $113/SF | +11% | +23% |
Glenbrook Valley | 1257 | 1959 | 26 | 1942 SF | $69/SF | +36% | +31% |
Eastwood, Broadmoor, Idylwood are 3 East End neighborhoods I love.
Idylwood has been in demand for years.
Eastwood has a strong civic group, does a cool home tour, but hasn’t really boomed like it should.
Broadmoor is close to these two neighborhoods, but smaller and less noticed. Broadmoor shows a big jump in homes prices…but not really so. InTown homes built and sold 3 new homes there in 2013. They sold for $339K – $41K. Much more expensive than the typical little bungalow of Broadmoor. These 3 new homes probably accounted for the big price jump shown. InTown Homes bought and built on three lots I had listed for sale. I really thought that having these 3 new homes, plus a couple of other new or remodeled homes encourage more building in the neighborhood. But, maybe not.
Attached a pdf showing everything currently available (one house) and sold since Jan 2013 Broadmoor Home Sales . The 3 new homes on Lawson really stand out.
Timbergrove Manor & Lazybrook are just west of the Heights. See my Neighborhood Pages on these two subdivisions.
Westbury has similar style homes as Oak Forest, just on the south side of town. Glenbrook Valley suffers from being near Hobby airport but has some cool mid century modern homes. In fact, it is a historic district because of this. I haven’t written on either of these areas but they have some cool old-ish homes.
Use these 3 tables of neighborhood prices for braod purposes only; comparing # of homes, price/SF, age of neighborhood, just to get a feel for different neighborhoods and to see how they compare.