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re: Houston mansion with over $600k in improvements listed for only $799K

Posted on 4/15/24 at 7:57 am to
Posted by TygerDurden
Member since Sep 2009
1857 posts
Posted on 4/15/24 at 7:57 am to
That general area had been in a 20 year downward spiral. From when that home was built in 1975 until probably 2005 that was a decent area to have an upper middle class home in. As a few have mentioned the encroaching bad elements have probably gotten just too close for comfort for some buyers. Problem is it is inevitable that area craters even further. Those that can are finding homes in areas far west, northwest and north of Houston. Houston is not alone with this problem. As many companies have now allowed hybrid work schedules many have decided that extra drive hours on fewer days of the week are worth living in what they consider much safer areas. Houston region neighborhood evolution either up or down are stark realities.
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