Houston is an attractive relocation spot for many young professionals, families, retirees and individuals in between. With a healthy job market, no state income tax, attractive annual forecast and endless options for home-style barbeque, Houston is a unique metro mixing Texas charm with urban edge. Houston’s real estate market is one of very few in the nation to withstand the Great Recession of 2008, mostly due to the city’s involvement in the energy sector. In 2007, national home values fell 29 percent while Houston home values remained relatively stagnant.
Almost a decade later Houston property prices are still thriving. In the past year, home values in Houston have increased 8.5 percent, and Zillow predicts another 3.4 percent increase in the next year alone. The median home value is currently sitting at $141,300, making the city a relatively affordable spot compared to some of the other major urban dwellings throughout the United States.
If you’re considering a move to Houston to benefit from the strong real estate market but still crave a more suburban vibe, consider the following communities.
Augusta Creek Ridge
Located just 30 miles north of downtown Houston, and only 15 minutes off of I-45, the homes within Augusta Creek Ridge are designed with luxury in mind. Large cul-de-sacs and corner lots provide extra privacy for families or individuals seeking additional ground space. Homes in Augusta Creek come in 3, 4 or 5 bedroom plans, ranging from around 2,300 to 3,800 square feet. The community is conveniently located within the Klein Independent School District for families with school-aged children. The master planned community of Augusta Pines offers a semi-private, 18-hole golf club and a public clubhouse. Residents of Augusta Pines can also spend time relaxing by the community swimming pool, fishing pond and tennis courts. The community park offers a lap pool, splash pool, swimming pool and clubhouse.
With waterfront views, Laurel Park homes are nothing short of spectacular. The community is located in Spring, TX, just 24 miles of downtown Houston. However, with a quiet surrounding, filled with biking trails, you won’t feel the stress of the city in Laurel Park. Homes in Laurel Park are constructed on 60, 70 or 80 foot wide lots, and range from 2,263 to 5,509 square feet. Like Augusta Creek Ridge, some Laurel Park homes are also situated on cul-de-sacs for added privacy.
Featuring greenbelt trails, three well-stocked and illuminated lakes, a swimming pool with splash pad, Recreation Center, Tres Largos in McKenzie Park is a beautiful, new master-planned community in Spring, TX. Located 1 mile North of the Grand Parkway, 4 miles west of 1-45 and the Hardy Toll Road, and 3 miles south of The Woodlands. McKenzie Park is in the highly acclaimed Klein Independent School District. Families who choose to call this community home.
With waterfront lots available, the gated section of Tres Lagos in McKenzie Park will feature single and two-story homes ranging from 3,885 – 5,509 square feet, and offering sophisticated, smartly designed, open floor plans. These new homes will feature vast entertaining areas along with a variety of options and upgrades suitable for today’s most discerning families.
For all Houston communities, M/I Homes is proud to offer Whole Home energy savings, in-house financing and a 10-year transferable structural warranty. To start your journey to Texas and the greater Houston area, contact M/I Homes for more information.
** Jennifer Riner writes about rentals, home improvement and design for Zillow.