1. Location — outside the loop, south of Braeswood (but north of Bellfort)and zoned to Westbury High School. It is not in Meyerland — the MCIA would never have allowed the builder to do this, as it is out of character with the rest of the neighborhood.
2. Price — at $687k it is twice the price per square foot of anything else in that “neighborhood”. This house is located in an area with very little new/recent construction, and is (for better or worse) a “one of a kind.” For the price of $687k, a person could buy a much larger home, much closer to downtown. Granted they may not get as much “character” as they would with this one…..
3. It won’t appraise – There is not a chance that anyone will get conventional financing on this. At $275 per square foot, there will be no comps. I sold a house three blocks north this past summer for $115 a square foot, and bought another home near Meyerland Plaza and the highest comp my appraiser included was $190 a foot. The only thing that may save them here is if the appraiser is green enough to throw in comps from nearby neighborhoods zoned to Bellaire High School. But even then they won’t be at $275 a sq ft.

So, all “taste” issues aside, where will they find a buyer who can/will pay cash for a poorly located “one of a kind” at a cost of twice the area average?
I am betting 200+ days on market and a price reduction to the low $500k’s

One thing though, let’s face it W. Bellfort and Chimney Rock is the hood. This once older money stately Meyerland area has been encapsulated by thug life. You can bring the Mansions in all you want but west of 610 South of Braeswood and North of Main, you are still 5 minutes from crack dealers.

And I’d never spend that much money for a those cabinets.

Just say no.