Village of Grogan's Mill - The Woodlands, Texas
Real Estate Information for The Woodlands

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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