Comments on: Neighborhood Guessing Game Over: The Houston Highlands http://swamplot.com/neighborhood-guessing-game-over-the-houston-highlands/2009-04-09/ Houston, Texas real estate development, home buying, landscape, and design Sun, 22 Nov 2009 05:30:10 +0000 http://wordpress.org/?v=2.6.3 By: John http://swamplot.com/neighborhood-guessing-game-over-the-houston-highlands/2009-04-09/#comment-24881 John Fri, 10 Apr 2009 23:48:13 +0000 http://swamplot.com/?p=8127#comment-24881 Not knowing either neighborhood well, I'll venture a guess: Nottingham Forest is closer to more jobs, shopping, etc. Just for kicks I plugged this house's address into Google, and then picked a random listing from Nottingham Forest. The car trips were theoretically close; the transit trip from Nottingham forest involved a 5 minute walk and one bus ride (under an hour); the Inverness address began with a 20+ walk to a park and ride. Add in the many jobs on the west side of town, and I have to think that the same home there is more valuable because the location is inherently more valuable that a neighborhood north of 1960. It works that way everywhere, in fact. Not knowing either neighborhood well, I’ll venture a guess: Nottingham Forest is closer to more jobs, shopping, etc. Just for kicks I plugged this house’s address into Google, and then picked a random listing from Nottingham Forest.

The car trips were theoretically close; the transit trip from Nottingham forest involved a 5 minute walk and one bus ride (under an hour); the Inverness address began with a 20+ walk to a park and ride.

Add in the many jobs on the west side of town, and I have to think that the same home there is more valuable because the location is inherently more valuable that a neighborhood north of 1960.

It works that way everywhere, in fact.

]]> By: subprimelandguy http://swamplot.com/neighborhood-guessing-game-over-the-houston-highlands/2009-04-09/#comment-24853 subprimelandguy Fri, 10 Apr 2009 15:17:48 +0000 http://swamplot.com/?p=8127#comment-24853 RE miss_msry's point - it is amazing how that works in Houston. Same house, probably same builder, same sort of subdivision when it was new. If that same oil and gas junior executive had bought the same new house back in '70 in Nottingham Forest, he'd be looking at a $450K + pay day. It will be interesting to see which areas developed in the most recent boom will be the Nottingham Forests and which ones will be more like this subject. Any speculations out there?? RE miss_msry’s point - it is amazing how that works in Houston. Same house, probably same builder, same sort of subdivision when it was new. If that same oil and gas junior executive had bought the same new house back in ‘70 in Nottingham Forest, he’d be looking at a $450K + pay day. It will be interesting to see which areas developed in the most recent boom will be the Nottingham Forests and which ones will be more like this subject. Any speculations out there??

]]> By: miss_msry http://swamplot.com/neighborhood-guessing-game-over-the-houston-highlands/2009-04-09/#comment-24815 miss_msry Fri, 10 Apr 2009 01:24:55 +0000 http://swamplot.com/?p=8127#comment-24815 It would be worth more if it was in Nottingham Forest. It would be worth more if it was in Nottingham Forest.

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