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re: A modern home of glass and steel for sale in Houston, Texas for $3.1M
Posted on 1/21/24 at 9:47 pm to hikingfan
Posted on 1/21/24 at 9:47 pm to hikingfan
I made a comment in another thread that buying a house in the Heights, River Oaks, or Montrose is dumb to do in Houston. If you just go 10 miles west to like Briarwood, they're very affordable. Here's an example I found last night:
Heights neighborhood: $650k for 1400 sq ft 2 bedroom, 2 bath, no yard basically, kinda older home
Briardwood neighborhood: $400-450k for 3,000 sq ft, 4 bedroom, 3 bath, sizeable yard, newer house.
Only difference is one is a 12 minute further drive to downtown than the other. Save the money and put it in the SP 500, not to mention less debt which interest rates typically are slightly higher than what houses appreciate at.
Heights neighborhood: $650k for 1400 sq ft 2 bedroom, 2 bath, no yard basically, kinda older home
Briardwood neighborhood: $400-450k for 3,000 sq ft, 4 bedroom, 3 bath, sizeable yard, newer house.
Only difference is one is a 12 minute further drive to downtown than the other. Save the money and put it in the SP 500, not to mention less debt which interest rates typically are slightly higher than what houses appreciate at.
This post was edited on 1/21/24 at 9:50 pm
2
Posted on 1/22/24 at 7:42 am to Saunson69
It’s almost as if people pay more to be in close proximity to shops, restaurants, and things to do.
Posted on 1/22/24 at 7:48 am to Saunson69
quote:Lol that’s like saying why live in Old Metairie when Kenner is 10 minutes further from Downtown. People buying 7 figure homes know where they want to be.
I made a comment in another thread that buying a house in the Heights, River Oaks, or Montrose is dumb to do in Houston. If you just go 10 miles west to like Briarwood, they're very affordable
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