Why hasn’t this cute little cottage on South Blvd. in Boulevard Oaks been snapped up yet?
Location: 1930 South Blvd., Boulevard Oaks
Details: 5 bedrooms, 6 full and 4 half-baths; 7,863 sq. ft. on a 10,140-sq.-ft. lot
Price: $2,450,000
History: Original home on property torn down in fall of 2007. Listed for $2.6 million during construction; price cut $150K last Halloween.
Our nominator writes in:
I’ve walked through this home. It’s a vacuous monument to the “price per square foot” itch that’s infected so many builders trying to make a buck in fancier neighborhoods. If you can get $300 a square foot for a 3,000 square foot house, why not build a 6,000 square foot house and double the take? And think of the bonus you could get for 7,863!
So the design becomes a ridiculous exercise in racking up square footage for no useful reason. Most of the experience of this house consists of walking down long, built-to-impress but useless hallways. The master bedroom is big enough to skate in.
This place only looks like a great deal on paper. I hope studying this home will make realtors and builders and buyers and appraisers think twice about applying mindless per-square foot pricing formulas.
Because this is what you end up with.
So . . . how should you price it?
Location: 
Comment of the Day: New Urbanist Flight
“Several posters are spot-on about walkable neighborhoods commanding a premium over traditional suburbs, if all else is equal. Unfortunately you can’t have it all in Houston – neighborhood charm, architecturally interesting houses, walkability, safety, good public schooling, AND affordability. Our growing family is being “forced” out of the Heights for several of the above reasons. If a New Urbanist development existed in the Houston area that was priced similarly to the traditional lollipop surburb, we would go there in an instant. Instead, we’re moving to what we see as the best suburban compromise – the Woodlands. Outside observers will no doubt think we are going to the suburbs because of the cul-de-sacs, but the truth is, we are going despite them.” [CV, commenting on Cul de Sac City: Houston’s Ban on New Street Grids]