Monday, March 14, 2011

THE HEIGHTS...


BUNGALOW STYLE HOME
The Heights area has become a very "Cool" part of town.  It has that old neighborhood charm, stepping into the area almost feels like not being in Houston at all.

The area has been able to preserve much of its historic beginnings.  In fact, the credited founders, Oscar M. Carter and D.D. Cooley, built homes 120 years ago for their families that still stand on Heights Boulevard today.

The Heights is broken into 5 major areas: Houston Heights, Woodland Heights, Norhil, Brooke Smith, and Sunset Heights. Timber Grove, Cottage Grove, Lazy Brooke, and Shady Acres neighbor Houston Heights to the West.


Houston Heights is signatured by historic Heights Boulevard, which runs through the center of the neighborhood.  It is the oldest and largest subdivision in the Heights. The homes, particularly those situated on Heights Boulevard, are generally governed by deed restrictions to preserve the historic feel and look of the area. The lots are typically 50 feet wide and, at least, 100 feet deep which is twice the size found in most other Houston subdivisions. For this reason, purchasers are primarily paying for the land. The lots tend to start around $200,000 ($30-$40/SF).

In the past, investors renovated homes in Houston Heights, rather than construct new builds. Now that the area is being considered more affluent, tear-downs are on the increase. The purchase price for newly constructed homes, generally starts around $600,000.  The prices in this area have increased considerably in the last few years.

VICTORIAN STYLE HOME


Norhil, just east of Houston Heights, is distinguished by esplanades that run through the center of the neighborhood, giving the subdivision a ‘nice park-like’ feel. Norhil and Woodland Heights, were developed almost 20 years after the Houston Heights was established. Bungalow-type homes were developed in these two areas, which were revolutionarily different than the Victorian-style homes that originated in Houston Heights. Norhil homes were actually featured for purchase in catalogs such as "Ladies’ Home Journal" and "Sears Roebuck and Co." Similar to Houston Heights, the Norhil homes were also built on wide lots. Norhil residents are currently in the process of having the subdivision designated as a Historic District in order to prevent lot cutting and commercial use of the neighborhood.


CRAFTSMAN STYLE BUNGALOW



Woodland Heights is one of the closest residential neighborhoods to Downtown and has a lot of potential for growth. Similar to Norhil, this neighborhood features Craftsman Style bungalows. Woodland Heights is also deed protected, so the lots in ‘select’ areas, are safe-guarded against lot cutting and commercial use. As a result, the lots in Woodland Heights have appreciated in value. Due to its proximity to less favorable areas near I-45, however, Woodlands Heights has been one of the last of the Height subdivisions considered for development. Nonetheless, there are some jewels to be found. For patient investors, this is and will be an up-and-coming area to watch.


NEW BUILD IN SUNSET HEIGHTS



Sunset Heights is situated just North of Main Street and 20th. The area is located close to the 610 Loop and includes commercial development, warehouses, etc. Land prices have escalated in this area enticing investors to buy up old run-down buildings and replace those with new homes and developments.

FOLK-VICTORIAN STYLE HOME



Brooke Smith backs up against I-45 and 610; as a result this area has been slower to rehab and develop. Nonetheless, there are some cute Folk-Victorian homes at more affordable prices. Brooke Smith is destined to rise in value because of its close proximity to Downtown. 

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