BBBB for the week of August 21st!in Becky's Best Bungalow Bets, Heights
Hello BBBB friends,
I’m not going to complain about the rain. It’s so much easier to put out Open House signs when the ground is wet!
Last week I promised some stats for real estate in the Heights. While the median home price increased 8.3% to $515,000 over last July, single home sales dropped 18%. Remember, however, that July 2015 was the single best month for real estate sales in Houston, EVER. Average Days on Market are approximately 59, an increase of 20% over last year. Inventory is up to 6 months, also a 20% increase. This is a good time to be a buyer!
New listings are slowing down going into Labor Day weekend. Expect a big pick-up around Sept 15 into October. I have highlighted 3 for your perusal. Only 2 homes on my watch list went under contract, I expect that getting kids back to school and end of summer vacations are taking priority to house hunting. There were several price reductions to keep things interesting.
P.S. Today I’m hosting an open house at 607 E. 23rd!
It is new construction in a hot part of Sunset Heights. It’s really BIG: 4423 sq. ft., 4 bedrooms and 4 full baths. Priced at $1,049,000.
Come by for a chat from 2-4pm!
This Week's Featured Properties
BACK ON THE MARKET: 1107 Usener
I’m featuring this one because I think a $130,000 price reduction is worth highlighting. This 2/2, 1264 sq. ft. bungalow still needs updating but the price reduction will make that easier. Usener is super convenient to I-10 and close to 6th/White Oak, Stude Park, Hike and Bike Trail for great walkability. Also zoned to Travis (not Crockett as is listed on HAR).
NEW ON THE MARKET: 943 Pecore
If you’ve been with me for a while you know I’m a sucker for a red door and an attached garage and this home has both. A 3/1 on a large 7350 sq. ft. lot, this home is ready for move in. The location isn’t for everyone; Pecore is a busy street and there is a church on one side and parking lot (neatly fenced) on the other. But, it’s a stone’s throw from 3 of my favorite dining spots: Liberty Kitchen, Ruggles Green and Dacapo’s!
NEW ON THE MARKET: 1119 Columbia
Believe it or not this is not a restored cottage, it was built in 1988 and updated in 2014. I love the Victorian details. Zoned to Harvard, move in ready with 3 bedrooms, 2 ½ baths, a 2 car garage and a backyard, this one will probably be under contract before I finish this email. I am not partial to the tile floors in the kitchen and breakfast area at this price point, however, just sayin’.
Price Reductions & Status Updates This Week
1223 Rutland: Reduced to $440,000 from $495,000
A few weeks ago the seller raised the price by $30,000. I guess that didn’t work :-o
I’ve included this on the list for those people who want to start from scratch. This small (1032 sq. ft.) 2/1 bungalow will provide a raw canvas of a 1940s bungalow to remodel.
- Pros: lovely curbed and guttered street, 6600 sq. ft. lot, potential alley access.
- Cons: Historic district designation presents challenges and $$ to the build-out.
2412 White Oak: Reduced to $595,000 from $610,000
Super cute, large, 1504 sq. ft., updated bungalow on a super-huge 10255 sq. ft. lot. No garage, but covered parking. Beautiful back yard. Also, a stone’s throw from Stude Park and the Hike and Bike Trail! Zoned to Travis.
814 Ashland #B: Reduced to $709,000 from $719,000
I thought this was new construction when I toured this modern farmhouse but it’s actually a couple of years old. Built in 2014 but it shows like new construction. I like the block, it’s a mix of new construction and original bungalows and while this block isn’t curbed and guttered, there is street parking. It’s a 3/2/1 with a detached 2 car garage. Definitely worth a look.
A few more updates...
Withdrawn from the market, I’ll let you know if it comes back!
Option Pending (15 Days on Market)
Option Pending (18 Days on Market)
Going, Going, Gone!
Sold for: $436,500
7 Days on Market!
But wait, there's more!
This is just the latest and greatest; however, there are still lots more on my list that you can check out here: