April 2011 Market Activity Update: Country Lake Estates in Spring Texas

Country Lake Estates subdivision is located in Spring Texas. West of I-45 access points are Kuykandahl (at Country Pines Drive) or Louetta (at Country Lake Estates Dr, Sorrel Ridge Dr or Louetta Creek Dr)

Residents have convenient access to shopping, dining, entertainment, and major roads and highways,

Community Amenities include a recreation center, swimming pool, tennis courts, playground, a park as well as multiple lakes with fountains and walking trails and landscaped green belts

Country Lake Estates is in the Klein School district and feeds to the following schools:

Elementary: Kuehnle

Middle: Strack

High: Klein Collins

Country Lake Estates Tax rate is 2.76%

HOA fees are approx 750. Annually

A great location, amenities that include gorgeous lakes, and school district, are only a few reasons why this neighborhood remains desirable, but the month of April showed a minor decline in sales prices, down approx .05%, due in part to the competitive pricing of new construction builders. Over time I expect to see sales prices return to normal. For now, lower prices mean that it might be the best time to make that purchase. However if you are thinking about taking advantage of builder pricing, I highly recommend that you meet with the sales rep. accompanied by a Real Estate Agent who knows how to effectively negotiate new construction pricing.(For a limited time (July 2011), I will personally contribute $500.00 toward your closing cost if you write a new construction contract represented by myself)

Market activity for April 2011 in Country Lake Estates show that 4 Homes have sold with a sales price of $188,247. ($68.28 SF). and structure size of 2757 sf. 7 Homes are currently pending and the sales information will be available once they close. Homes are currently selling at 97% LP/SP. Overall time on the market is just over 3 months, with well priced properties moving more rapidly.

There are currently 13 homes for sale in the Country Lake Estates neighborhood. If you’re interested in buying or selling a home in the neighborhood or the area in general, call or email Kimberly Whaley (832-576-4902 – kim@kimberlywhaley.com)

You can search for homes in Country Lake Estates here or other neighborhoods here, by typing the neighborhood name into the subdivision box.

You can also find some very valuable information on my website at www.kw-re.com

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About Kimberly Whaley

Full time, Full Service Real Estate Agent in the The Woodlands and Spring Texas area. Certified Distressed Property Expert (CDPE) Texas Affordable Housing Specialist (TAHS)
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