From Robinson Team Real Estate

Congrats to these Aggie Sellers! Multiple Offers and NOW UNDER CONTRACT!

Whoop!

Cody

Holy cow. I could buy that home twice in Kingwood and still have money left over for a nice vacation.

94chem said:

---

Holy cow. I could buy that home twice in Kingwood and still have money left over for a nice vacation.

---

A couple of years ago that would have applied here as well...it's crazy up here...no inventory and strong demand.

94chem said:

---

Holy cow. I could buy that home twice in Kingwood and still have money left over for a nice vacation.

---

new construction in Kingwood for < $120/sqft? must be pretty damn nice

Diggity said:

---

94chem said:

---

Holy cow. I could buy that home twice in Kingwood and still have money left over for a nice vacation.

---

new construction in Kingwood for < $120/sqft? must be pretty damn nice

---

And I have no idea where the 3rd car goes.

No. But IDK why you'd build in Kingwood unless you enjoy your 30 minute ride to the highway. But $775K for wall to wall carpet and a postage stamp yard is crazy. What's even crazier is that the people who just bought that can deduct their interest, but I can't.

94chem said:

---

Diggity said:

---

94chem said:

---

Holy cow. I could buy that home twice in Kingwood and still have money left over for a nice vacation.

---

new construction in Kingwood for < $120/sqft? must be pretty damn nice

---

And I have no idea where the 3rd car goes.

No. But IDK why you'd build in Kingwood unless you enjoy your 30 minute ride to the highway. But $775K for wall to wall carpet and a postage stamp yard is crazy. What's even crazier is that the people who just bought that can deduct their interest, but I can't.

---

On this much, we agree

Kingwood to Energy Corridor is 43 miles (depending on where you're located - I mapped the HEB right in the middle of Kingwood).

This home is Prosper ISD (McKinney zip). Distance to Toyota National HQ (121/DNT corridor) is 18 miles.

My house in Prosper to 635.DNT is 22 miles.

Location, location, location... and school districts.

Prosper is where the DNT ends and the floodgates have been opened for years. The amount of high paying jobs in this area is insane.

People guffaw at Cody getting these prices but that's market up here. It'll baffle you how many $1mm+ homes in this suburb are going to the highest bidder. The Texas invasion is real... I've met 1 person on my street from DFW. Chicago, Arizona, Arizona, NC, Oklahoma, San Fran, Jersey...

Yeah, I work in O&G, but in 23 years I've maybe gone to the energy corridor once. Those folks live in Katy. A&M should just open a Katy campus so the new grads can keep their apartments.

I know. There are people who live in Ft worth and commute to Dallas every day. That was just an example.

Truth is, demand is just higher up here for aforementioned reasons. Maybe it's the type of people that move to Dallas vs Houston? (Tech, healthcare, etc. vs. O&G, again, simplifying) people that have a Tesla, Porsche and a Range Rover vs an F250.

There's a nice house on a cul de sac out here with what appears to be a multi-generational Asian family living in it. There's always 4-6 cars in their driveway/on the street. Every single one of them is Lexus or Benz.

Neighbor 2 houses down has a Porsche Cayenne, Tesla model X AND an Escalade ESV. Like, seriously?

Anyways. I think it's just a real life example of the "gdamn Californians moving in from everywhere"

The Facebook/nextdoor postings about all of our "small sickly looking wolves here in Texas" is a dead giveaway.

94chem said:

---

Diggity said:

---

94chem said:

---

Holy cow. I could buy that home twice in Kingwood and still have money left over for a nice vacation.

---

new construction in Kingwood for < $120/sqft? must be pretty damn nice

---

And I have no idea where the 3rd car goes.

No. But IDK why you'd build in Kingwood unless you enjoy your 30 minute ride to the highway. But $775K for wall to wall carpet and a postage stamp yard is crazy. What's even crazier is that the people who just bought that can deduct their interest, but I can't.

---

Tandem garage makes it a 3 car....pretty much everyone with a tandem uses that third spot as a work bench area or storage. Come to think of it, most folks with a traditional 3 car setup do the same.

I'm so happy for these clients. The market is crazy for sure....I'm just glad in this instance it benefits a good Aggie family.

ChoppinDs40 said:

---

I know. There are people who live in Ft worth and commute to Dallas every day. That was just an example.

Truth is, demand is just higher up here for aforementioned reasons. Maybe it's the type of people that move to Dallas vs Houston? (Tech, healthcare, etc. vs. O&G, again, simplifying) people that have a Tesla, Porsche and a Range Rover vs an F250.

There's a nice house on a cul de sac out here with what appears to be a multi-generational Asian family living in it. There's always 4-6 cars in their driveway/on the street. Every single one of them is Lexus or Benz.

Neighbor 2 houses down has a Porsche Cayenne, Tesla model X AND an Escalade ESV. Like, seriously?

Anyways. I think it's just a real life example of the "gdamn Californians moving in from everywhere"

The Facebook/nextdoor postings about all of our "small sickly looking wolves here in Texas" is a dead giveaway.

---

don't mind cranky 94chem. He's vastly understating what things are trading for in the Houston area. As he mentioned, most of the nicer parts of Kingwood were built out decades ago so not a great comparison.

We're not at these levels in most suburbs, but a lot of the Woodlands is getting to that point. Stuff that was moving for low $500's 18 months ago is closer to $700K now. Just silly.

The Woodlands is probably 30 - 40% higher than Kingwood. A lot of The Woodlands O&G crowd lives in Kingwood because they don't want a $200K hit in their housing.

We basically lived in that featured house after Harvey in Kingwood. New construction, 3 car, 2900 square feet. Was about $200 - 220K. I see Zillow has it at $336K now. Someday when I'm dead and gone, the person living there will wonder why 3 oak trees were planted so close together...

So Kingwood has gone up 50% in the past 4 years as well. It just started from a much lower base.

94chem said:

---

The Woodlands is probably 30 - 40% higher than Kingwood. A lot of The Woodlands O&G crowd lives in Kingwood because they don't want a $200K hit in their housing.

We basically lived in that featured house after Harvey in Kingwood. New construction, 3 car, 2900 square feet. Was about $200 - 220K. I see Zillow has it at $336K now. Someday when I'm dead and gone, the person living there will wonder why 3 oak trees were planted so close together...

So Kingwood has gone up 50% in the past 4 years as well. It just started from a much lower base.

---

here you are exaggerating again. You may have lived in a home that had those specs, but I guarantee it didn't have that level of finishes for $200K.

Feel free to send over the listing and we can take a look.

...And cranky 94chem will add one thing about the schools. When the "outsiders" move in, all they really want to look at is test scores. But with 6 kids ranging all the way from ESL, learning issues, to National Merit Scholar, you get a feel for how the schools REALLY are. 'nuff said about that.

Diggity said:

---

94chem said:

---

The Woodlands is probably 30 - 40% higher than Kingwood. A lot of The Woodlands O&G crowd lives in Kingwood because they don't want a $200K hit in their housing.

We basically lived in that featured house after Harvey in Kingwood. New construction, 3 car, 2900 square feet. Was about $200 - 220K. I see Zillow has it at $336K now. Someday when I'm dead and gone, the person living there will wonder why 3 oak trees were planted so close together...

So Kingwood has gone up 50% in the past 4 years as well. It just started from a much lower base.

---

here you are exaggerating again. You may have lived in a home that had those specs, but I guarantee it didn't have that level of finishes for $200K.

Feel free to send over the listing and we can take a look.

---

Sure, educate me. Here's a link. I notice it was built in 2010 (I thought 2014) and is actually 2796 square feet, not 2900, which would put the current value (Zillow, I know, but whatever, you're the pro) at $120/ft. Anyway, that would be $380K if we added 300 square ft.

If it matters, there was a nice orchard in the back yard, and a huge utility easement outside the back fence.

I own 3 rental properties, so I'm listening...always like to learn more.

home

94chem said:

---

Diggity said:

---

94chem said:

---

The Woodlands is probably 30 - 40% higher than Kingwood. A lot of The Woodlands O&G crowd lives in Kingwood because they don't want a $200K hit in their housing.

We basically lived in that featured house after Harvey in Kingwood. New construction, 3 car, 2900 square feet. Was about $200 - 220K. I see Zillow has it at $336K now. Someday when I'm dead and gone, the person living there will wonder why 3 oak trees were planted so close together...

So Kingwood has gone up 50% in the past 4 years as well. It just started from a much lower base.

---

here you are exaggerating again. You may have lived in a home that had those specs, but I guarantee it didn't have that level of finishes for $200K.

Feel free to send over the listing and we can take a look.

---

Sure, educate me. Here's a link. I notice it was built in 2010 (I thought 2014) and is actually 2796 square feet, not 2900, which would put the current value (Zillow, I know, but whatever, you're the pro) at $120/ft. Anyway, that would be $380K if we added 300 square ft.

If it matters, there was a nice orchard in the back yard, and a huge utility easement outside the back fence.

I own 3 rental properties, so I'm listening...always like to learn more.

home

---

not much to explain here. Those finishes are in no way similar

agreed. that's low-end builder grade. is that formica counter tops?

House cody listed is granite/quartz, nice wood floors, nice cabinets and appliances. master bath has design touches, etc.

now.. is that worth 400k? no because that home was probably bought for 500k 2-3 years ago.

I think some people feel that price/sqft is linear. Some of these nicer homes have much more going on in it.

solid core doors. upgraded hardware. custom cabinetry. $000 light fixtures. appliances alone. That one he showed had the combo oven stove top... $600 oven.

Not bragging at all... my oven was $8k. Dual oven, commercial style with a griddle. That's an extra $2/sqft on my house vs some standard builder grade appliance.

anyways...

Quote:

---

agreed. that's low-end builder grade. is that formica counter tops?

---

No, it was granite. I could smell the radon

Yeah, if those upgrades cost that much, I'd just have it framed and then hire my own contractor. Lord knows I've had to do it enough times.

Diggity said:

---

94chem said:

---

Diggity said:

---

94chem said:

---

The Woodlands is probably 30 - 40% higher than Kingwood. A lot of The Woodlands O&G crowd lives in Kingwood because they don't want a $200K hit in their housing.

We basically lived in that featured house after Harvey in Kingwood. New construction, 3 car, 2900 square feet. Was about $200 - 220K. I see Zillow has it at $336K now. Someday when I'm dead and gone, the person living there will wonder why 3 oak trees were planted so close together...

So Kingwood has gone up 50% in the past 4 years as well. It just started from a much lower base.

---

here you are exaggerating again. You may have lived in a home that had those specs, but I guarantee it didn't have that level of finishes for $200K.

Feel free to send over the listing and we can take a look.

---

Sure, educate me. Here's a link. I notice it was built in 2010 (I thought 2014) and is actually 2796 square feet, not 2900, which would put the current value (Zillow, I know, but whatever, you're the pro) at $120/ft. Anyway, that would be $380K if we added 300 square ft.

If it matters, there was a nice orchard in the back yard, and a huge utility easement outside the back fence.

I own 3 rental properties, so I'm listening...always like to learn more.

home

---

not much to explain here. Those finishes are in no way similar

---

I'd have to disagree. Both homes are pretty much in the same category. No way I would pay 700k.