The Spring Branch real estate market has been on a steady incline for a couple of years now but that doesn’t mean you still can’t find a great deal.
If you’ve been shopping for a home in the Houston area in the past few years, you know the struggle is real. A lot of different areas of this great city are booming, and while it’s great for the economy it also means that home prices are going way up.
In this article, we’ll share with you our top 3 Spring Branch neighborhoods where you can still find a good deal on a 3 bedroom, 2 bath home on a decent sized lot.
What’s a Good Deal?
Now, a good deal can mean a lot of things to a lot of people but for the sake of this article, here are the criteria that we used to determine what’s a good deal.
- Homes must have a minimum of 3 bedrooms and 2 baths.
- Homes must be at least 1,400 SqFt.
- Must be in good, livable condition.
- The average sale price must be less than $300,000.
- Neighborhood not in a Sellers Market*
*We consider a neighborhood in a Seller’s Market when homes sell in an average of 7 days or less and for 10% more than asking price.
Holley Terrace lies just North East of Campbell Woods and offers similar sized and styled homes on slightly smaller lots but what it lacks in lot size, it makes up for in savings. With an average sale price of $280,000, you could save over $20,000 for almost the exact same house in Campbell Woods.
Kempwood North is a small neighborhood with 234 homes built in the early 70’s. This neighborhood is situated just south of Clay Rd. and north of Kempwood. With an average size of 1,800 SqFt, Kempwood North has the biggest homes on this list while still offering a decent lot size of 7,000 SqFt.
Campbell Woods is a hidden gem often overlooked because of the fact that it borders the sought-after Spring Shadows neighborhood on multiple sides. The cute, mid-century homes are appropriately sized with an average size of 1,500 SqFt and sit on a 7,000+ SqFt lots is what puts Campbell Woods at the top of our list.
It’s worth noting too that Campbell Woods is the furthest South out of these neighborhoods, which is generally a good thing because the further South you are, the closer you are to i10.
Thanks for checking out this article! If you’re looking for a great deal on a home in the Spring Branch area, be sure to check the latest listings to get the most up-to-date and accurate information on Spring Branch real estate.