From data of more than 400,000 sales over the last 17 years, Houston Properties narrowed down the best characteristics of homes to maximize investments, including, for starters, being a single family home:
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On a related note, some Houston neighborhoods had better land value appreciation than others:
There were a few variations in the 5-year appreciations, but the results are largely the same:
The graphs get very interesting after that:
Houston Properties’ website has a seemingly never-ending amount of this graphed data and information on land value statistics, and overall, the luxury property market primarily analyzed is on the rise.
With this increase comes a correlate trend with interest; however, in the mean time, it is a buyer’s game in real estate at the moment, and HP offers the following insight for those of you in the market:
It this or bidding at a public auction for prize properties like this Longview fixer-upper, complete with a ‘666 GET OUT’ painted in the abandoned kitchen:
But there is shiplap:
Someone call Chip and Jo, and happy hunting, Houston!