9 Houston Neighborhoods Whose Value Increased in the Past Decade
HoustonProperties.com recently released a list of Houston neighborhoods that grew the most in value in the past 10 years. These neighborhoods are located all over Houston and include some of the city’s most well-known areas.
Cottage Grove
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Cottage Grove is a conveniently situated neighborhood that is divided by Interstate 10, giving it plenty of access to other parts of the city. It’s also adjacent to Memorial Park, one of the largest and most popular parks in Houston. Homebuyers will find plenty of single-family homes and attached homes in price ranges that typically start at $250,000. These homes come in modern or traditional styles that break from the more common ranch style homes found in other parts of the city.
Greater Heights
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The Greater Heights neighborhood is relatively large, with Loop 610 bordering it on the north and Interstate 45 bordering it on the east. Given the size of this part of Houston, it’s really quite diverse and encompasses numerous greenspaces and other amenities. Prices will often start at about $250,000 and rise steadily higher. It’s hard to typify the sort of homes to be found in an area of this size, but many homebuyers can find homes in a diverse range of styles that include Georgian, Mediterranean, and traditional.
Oak Forest
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The neighborhood of Oak Forest is located outside of Loop 610, making it perfect for anyone trying to get away from urban Houston and out toward the suburbs. Oak Forest is composed of mostly traditional and ranch style single-family homes.Oak Forest is composed of mostly traditional and ranch style single-family homes. Some of these homes are classics, built in the early 20th century, while others are new developments—so the cost of buying a house in this area can vary quite a bit.
River Oaks
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A neighborhood whose value was already high, River Oaks saw its value increase even more. There are few homes to be bought at less than $250,000, and the average cost can often be quite a bit higher. The cost of homes is due to River Oaks’ historic nature and location. It’s one of the city’s oldest neighborhoods and has long been considered among its most prestigious. The neighborhood is also located next to all of the city’s most popular destinations. You’ll find everything from ranch style homes to Art Deco inspired houses and even impressive mansions in this area.
West University
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Located just west of Rice University, West University is also close to the popular Museum District and is connected by highways to the city’s in-demand destinations. Homes here are often of the modern or traditional style, with costs often starting at around $300,000. The high demand to live in the area comes from the neighborhood’s proximity to Houston's cultural and educational destinations.
Upper Kirby
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Clustered among a number of other prestigious neighborhoods such as River Oaks and West University, Upper Kirby is among the most commercially prosperous areas in the city. This neighborhood is also located next to popular restaurants, bars, and restaurants, making it ideal for homebuyers who also want options for entertainment and dining. Besides townhomes, buyers will also find single-family homes in traditional and Mediterranean styles.
Montrose
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Montrose sits just north of the Museum District and adjacent to some of the city’s most affluent areas. With Downtown minutes away and Buffalo Bayou Park to the north, there's plenty amenities nearby. Montrose has a historic reputation and many homes here are older, though recent developments have brought condos and newer homes to the area.
Garden Oaks
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Garden Oaks, like Oak Forest, sits outside Loop 610 and squarely in the suburbs. Residents of the area have access to the White Oak Bayou Greenway Trail, giving outdoor lovers an option for walks along the bayou. There’s affordable living to be had here, with townhomes starting at around $100,000, though homes in the traditional and ranch style can be found at steadily higher prices.
Bellaire
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Bellaire is the southernmost of the neighborhoods listed here, located along Loop 610 but still close to areas like the Galleria Mall and the Museum District. Lots here are larger and the homes bigger, though the price to own starts low with townhomes beginning at $100,000. Buyers will also find single-family homes in styles such as French and traditional.