Q1 2012 Market Update: Westador in Northwest Houston, Texas

Westador subdivision is located in Northwest Houston Texas.(77090) Just west of I-45 and off 1960 at Nanes Road.

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

Community Amenities include two clubhouses, two swimming pools (one of which offers 25-meter swim lanes), 4 tennis courts and two playgrounds. Community sponsored events include an annual Easter Egg hunt,  July 4th Celebration and parade, National Night Out, Veterans day Dinner, Game and Casino nights, Craft fairs and  Breakfast with Santa. Community activities and organizations include a community swim team, a garden club, senior group and others

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

Westador Tax rate is one of the lowest in the area at 2.50%. HOA fees are $515.00 annually

The tax rate, large heavily wooded lots and location are a few reasons why this neighborhood remains desirable, however the neighborhood has seen a significant decline in Sales Prices for the first quarter of 2012 when compared to 2011 year-end average sales price of 39.28/SF. This is most likely due to the large number of Foreclosures in the neighborhood this quarter. For investors this might be a great time to pick up an amazing investment property.

Market activity in Westador for the first quarter of 2012 shows that 5 homes sold, with an average sales price of $33.93/SF. and an average structure size of 2898/SF. The average home sold at 98% of LP/SP (list price per square foot), with an average time on the market of just over 3 months. There are currently 3 homes pending. Sales information for pending properties will be available once they close.

Westador Home Sales March 2011-March 2012

There are currently 16 homes for sale in Westador with an average asking price of $136,205. You can search for homes in Westador 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)
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