Houston's inner Loop neighborhoods are pushing home sales to historic levels. The location along with the 5- to 10-year real estate development in these areas are attracting both relocators and long-time Houstonians.
Houston Heights, Rice Military, and River Oaks neighborhoods are among the top performing inner Loop neighborhoods. The steady demand along with the dwindling supply however, is driving home prices up.
It is a good thing though that there are subdivisions still in the "redevelopment" stage. These neighborhoods are in an "area of transition", meaning the location is as great but the properties are still more affodable because the community is still in the process of development.
One great example is Cottage Grove - a neighborhood of over 500 homes known for its vintage cottages, new construction homes, townhomes, and apartment complexes.
Source: Paige Martin's Blog - Two New Cottage Grove Houston Maps
Cottage Grove is a growing inner Loop neighborhood with very affordable real estate. Most of the Cottage Grove homes for sale are under $200,000 - a very practical rate considering its inner Loop location.
Currently, Cottage Grove homes' neighborhood value range is at $81,000 - $264,000. The challenge though, is in locating the peaceful neighborhood. Here are two maps that could help:
Found within Houston's Inner Loop and near Memorial Park, Cottage Grove is about 10-15 minutes away from Downtown Houston and Galleria.
Located near major Houston freeways, Cottage Grove is between Shepherd Drive and Westcott Avenue, with Katy Freeway running through the neighborhood.
Cottage Grove's central Houston's Inner Loop location gives its residents easy access to Downtown Houston, Montrose, Galleria and Museum District.
Cottage Grove is one of the last Inner Loop neighborhoods that went through a community-wide residential development. In 2005, developers started buying vacant lots and building new construction single-family homes and townhomes.
From $20 in 2005, Cottage Grove homes for sale now have a $129 per square foot median price. With a median appraised price of $133,870, Cottage Grove homes are still some of the most affordable properties within Houston's Inner Loop.
Neighborhoods near Cottage Grove include Rice Military, Camp Logan, Houston Heights, Timbergrove, Midtown and River Oaks.
(View All Cottage Grove Houston Homes For Sale)
About Paige Martin
As featured on Fox News in the Morning, the Houston Chronicle, and Houston Magazine, Paige Martin, a consistent Top Producing Broker-Associate is ranked amongst the very top Keller Williams agents in the Houston area.
Paige has received over 40 awards for her production levels, including the #1 individual agent in the Keller Williams Memorial office (over 200 agents) for three consecutive years and inclusion as a Houston Five Star Professional Real Estate Agent (top few Realtors in the country).
In addition, over 75 of her prior clients have publicly endorsed and recommended her via LinkedIn, YouTube Videos and HAR:
“Paige is a highly effective real estate agent who focused my search down to the home I purchased within three appointments. She listened to what I wanted, worked within my budget and ultimately found me a great house in an area I absolutely love and never would have considered without her expertise.
At all times I felt that my satisfaction was her first priority and I was her only client. Paige will be my first call with all my real estate needs and I recommend her to anyone looking to buy, sell or lease. You can't go wrong with the best Houston realtor.”
Matt Borowski, July 20
Read more testimonials, recommendations and connections here.
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