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Recent Real Estate Information for
The Woodlands
provided by: Kayelin Wright, Coldwell Banker
United, Realtors kwright@cbunited.com
2009 The Woodlands Market
Summary
2007-2009 Real Estate
Information for Grogan's Mill Village
Explanation of how to contest
your property taxes, by Bruce Cunningham
Deed
restrictions for The Woodlands
Ongoing development of The Woodlands is guided by a group of legally
binding covenants and design standards
which protect the aesthetic integrity of the community for generations
to come. Additions and modifications to residential properties must
be in compliance with these guidelines, thus assuring continuation
of good design, maintenance of property values and preservation
of the natural environment.
2008 Housing
Prices in the Woodlands
Source: Houston Chronicle, April 13, 2008
The value of homes, measured in price per square foot rose by 9%
in 2007 according to an article in the Chronicle, which is higher
than any other Woodlands village. Home in foreclosure declined slightly
from 2006.
Grogan's Mill is the fifth largest subdivision in the Houston area
with 3,976 homes in the community. The largest is Alden's Bridge
with 7,131 homes, Cochrans Crossing with 5269 homes is the second
largest sub-division in the area. The other Woodlands villages would
all be in the top ten communities.
See more statistics from The Houston Chronicle here.
As The Woodlands builds out, and most of the property in Montgomery
county is now finished or under construction, we expect that the
values in GM will start increasing faster than other areas. We do
have the three things important in real estate; location, location,
location. We are already beginning to see some tear downs with new
construction of bigger homes.
| Village |
Med price sq ft in 2007 |
% change in price 07 vs. 06 |
Homes Sold |
% Foreclosure |
Homes in Village |
| Grogan's Mill |
$86.46 |
9.0% |
223 |
4.0% |
3976 |
| Alden's Bridge |
$96.01 |
6.0% |
540 |
3.0% |
7131 |
| Cochran's Crossing |
$95.14 |
7.0% |
373 |
2.0% |
5269 |
| Panther Creek |
$89.79 |
6.0% |
185 |
4.0% |
3606 |
| Indian Springs |
$102.21 |
6.0% |
198 |
2.0% |
2242 |
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