I really liked this article in the Memorial Examiner. SBISD used bond funds to purchase the former Kendall library and converted it to this wonderful technology training center for the teachers to use. It is on property next to Meadowood Elementary and Spring Forest Middle schools and is also open to the community. Just another way the district is supporting it’s teachers and reaching out to the community…well done!
I often get the question from buyers and sellers….yes, our real estate market has been fabulous in 2012…..but WILL IT CONTINUE? This is a great analysis by Madison Inselmann of MetroStudy that I enjoyed reading and I hope you will too:
“But the question remains, can it last? Currently Houston is adding 85,000 jobs a year, a 3% growth rate. This is uncharacteristic growth in a stable (or recovered) market. In the twenty years leading up to the latest recession Houston averaged 50,000 jobs per year, or 40% fewer than our current pace. So if you wake up 6 months from now and the newspaper reads “Houston Added ONLY 50,000 Jobs in the Last 12 Months” rest assured that we’re still doing just fine. As long as oil prices remain above $70 per barrel there will be growth, and therefore money, in the Houston economy.”
Wilchester (and Wilchester West) have always been a strong market. With inventories low this year all across the board, Wilchester has one of the lowest inventories…less than a month’s supply as of the end of July. Through the end of July 2012 the average sales price of homes sold was up 13% from $525,000 (thru 7/2011) to $591,000 (thru 7/2012). Even though the numbers might have been slightly skewed by two homes that sold that were practically new construction, Wilchester homes have appreciated nicely this year. The average sales price psf was $186psf and ranged between $149 to $227psf depending on the location, lot size, updates, etc. The prices of homes sold ranged from $350,000 (foreclosure) to $839,000 and the size ranged from 2500 to 5100 sf.
Wilchester is a wonderful neighborhood with lots of community activites. Check out the women’s group, tennis (women and mens leagues), pool, park info and deed restrictions at:
The neighborhoods south of Memorial are have access to the Terry Hershey Park trails along Buffalo Bayou.
Also links for the school are:
www.wilchesterpta.com for the elementary PTA
www.wce.springbranchisd.com for the elementary school (recently completed!!)
www.memorialmiddleschoolpta.com for the middle school PTA
www.mms.springbranchisd.com for the middle school
www.stratfordptsa.txpta.org for high school PTA
www.ssh.springbranchisd.com for the high school
13303 Perthshire in Wilchester
The residents of Sandalwood undertook a capital improvements campaign with voluntary contributions that raised funds to greatly improve the building, deck and seating areas (shown in the photo) of the swimming area of the third lake (aka Patti Lynn lake) several years ago. To accomplish this on a voluntary basis makes quite a statement of the passion Sandalwood residents have for their ‘hood.
Young or old, the lakes are enjoyed by all the residents…whether jumping off the rope swing, strolling by, feeding the turtles, catching fish, canoeing or just sitting on the bench.
What’s your favorite thing to do in Sandalwood?….
Sandalwood is a west Houston neighborhood made up of approximately 170 homes and 3 lakes that are used for swimming, fishing, and canoeing.
The residents enjoy neighborhood events including the Sandalwood Snakes swim team, Labor Day Fishing tournament, Easter Egg Hunt, Santa at the Lake, and a Fourth of July Parade. The ladies have a very active Garden Club which meets monthly and hosts a Holiday Party, Annual Beautification Day, and Friday evening happy hours.
Sandalwood children may attend Frostwood Elementary, Memorial Middle School, and Memorial High School. Sandalwood is tucked away in Memorial between Memorial Drive and Buffalo Bayou.
Deed restrictions and other information can be found at:
And by the way, no, there were not Sandalwood trees in Sandalwood….local lore has it that the developers just liked the name!
Frostwood has once again performed well. Location, location, location and great schools too! The average price of home sold in 2011 was $701,000 ($231psf) and the average price of home sold in 2012 was $725,000 ($242psf). Of course there are many differences in location, lot size, home size, etc. but overall the neighborhood saw a 3-4% price appreciation. There is one recently constructed home currently on the market priced at $1,649,000.
Zoned to exemplary elementary schools (Frostwood and Bunker Hill), exemplary Memorial Middle School and recognized Memorial High School, it’s a great combination of schools and location. Here are the school links:
There are so many fun neighborhood spots nearby. Frostwood residents can walk or bike to Baskin Robbins (on Memorial);
Three Brothers Bakery, Cazadores, Kim Son, Guglianis, Subway, Pappa Joe’s BBQ and Orange Leaf (frozen yogurt) (on Kingsride);
or they can walk to The Vine (wine bar), Empire Turkish Grill, Two Saints restaurant, Union Kitchen, or Starbucks (Benignus @ Memorial). In addition, they are so convenient to the mall, Memorial City Hospital and doctors buildings.
Residents often join the Memorial Forest Club, located at Memorial and Plantation for swimming, summer swim team, tennis leagues, and a fun summer camp for the kids. Check out: www.memorialforestclub.com for details. Other neighborhoods that can join the Memorial Forest Club include: Bunker Hill Village, Whispering Oaks, Naughton, Memorial Forest, Colony West, Memorial Woods, Tealwood, Warrenton, and Memorial Hollow.
It’s a great lifestyle and fantastic neighborhood!