2011 Year End Market Update: Ponderosa Village in Northwest Houston, Texas

Ponderosa Village subdivision is located in Northwest Houston Texas.(77090). Just west of I-45 and off 1960 at Ella, Butte Creek or Sugar Pine Road.

Minutes from I-45, residents can easily access downtown Houston, Bush Intercontinental Airport, shopping, entertainment, and sports venues.

There are currently 164 Homes in Ponderosa Village. Community Amenities include a Park with a playground and a neighborhood YMCA that has a swimming pool, play equipment and sand volleyball

Community sponsored events include an annual Easter Festival,  July 4th Celebration and parade, National Night Out,  annual fun run, Bingo nights, Fall Festival, evening with Santa and more.

Community activities and organizations include a community swim team, a garden club, senior group, civic association and others

Ponderosa Village is in the Spring School district and feeds to the following schools: Elementary: Ponderosa Middle: Bammel High: Westfield

Ponderosa Village Tax rate is one of the lowest in the area at 2.47%. HOA fees are $435.00 annually

The tax rate, large lots and location are a few reasons why this neighborhood remains desirable; however the neighborhood has seen a substantial decline in Sales Prices when compared to 2010 year-end average sales price of $53.64/SF. Due to the small number of sales in the neighborhood, it is difficult to pinpoint exactly why the sales prices have fallen, but lower prices may provide you the perfect opportunity to purchase that perfect home now.

Market activity in Ponderosa Village for 2011 shows that 3 Homes sold with an average sales price of $43.21/SF. and an average structure size of 2317/SF. The average home sold at 96% of LP/SP (list price per square foot), with an average time on the market of just over 5 months. There is currently 1 home pending. Sales information for pending properties will be available once they close.

There are currently 1 home for sale in ponderosa Village with an asking price of $159,900. You can search for homes in Ponderosa Village here

If you’re interested in buying or selling a home in the neighborhood or the area in general, call or email me today, 832-576-4902, kim@kimberlywhaley.com

If you’re interested in searching for a home in a different neighborhood, you can do so here, by simply typing the neighborhood name into the “subdivision” box.

***If you are considering a new construction home, I highly recommend you take a take a Realtor with you that knows how to negotiate builder pricing, to represent your interest in the transaction. Statistically buyers who work with a Realtor when purchasing a new home get a better deal. Don’t forget that the Sales counselors work for the builders and their job is to sell you a home for highest price they can.

Look for other useful Real Estate information on my website,  www.kw-re.com


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)
This entry was posted in Neighborhoods, Ponderosa, Ponderosa Village and tagged , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s