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Unread 01-18-2011, 03:49 PM
 
9 posts, read 32,306 times
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So what do you guys think fair value per sq ft should be there NEAR the country Club? Is this the best area in Klein Isd?

Again, not trying to make any money on appreciation...just want the safest bet. Thanks again...nothing better than views of LOCALS!!
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Unread 01-18-2011, 04:50 PM
 
3,118 posts, read 1,671,181 times
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I do not know what best is. Be very careful buying next to a privately owned golf club. You have no guarantee what will become of it. DH worked for a Fortune 100 co in M&A. He sometimes bought golf clubs. We lived on a golf course in Dallas owned by Japanese businessmen. When it failed to generate as much income as they wanted, they sold it to a developer who built 3000 ft. houses on 5000 ft lots. The same thing is gonna happen to the golf club Ravenuax. If you want by a real golf course, go to Champions. Ravenaux is plastic. You could not give me a house in Champions Forest. I am still bitter about the stolen bond election. The precinct judge left the judges booth controller at the school alone when the polls closed. That is the thingy that has all of the election data. They had to send somebody to get it. The bond past by a few votes more than the opposition. That judges booth controller held just the right amount needed. The school principal is married to a school trustee. The residents of Champion Forest wanted a new school built while the kids stayed on the campus. A school board trustee told me the additional cost for doing that was in excess of 5 million dollars. Champion Forest owners get whatever they want from Klein ISD. The rest of us are treated like bastards at the family reunion.
It may be the best deal for you.
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Unread 01-18-2011, 05:02 PM
 
1,509 posts, read 1,133,897 times
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Quote:
Originally Posted by crone View Post
It will probably cost at least 1500 a month to cool in the summer. DH and I have done a bunch to make our house more energy efficient. If the house has is older it needs more insulation, decent windows, a gross of caulk,etc. Not many people in Houston find that a good way to spend their money. Memorial Northwest is a good stable neighborhood with as good as they get schools. Unless you have 10 kids, I'd pass on 7000 square feet. My next door neighbor regularly spends a thousand a month to cool her 4500 square foot house because the HVAC system is original to the house and new ones will cost her $30000. Some of us get new units. Figure that in the price of the house. Also, some old pool pumps take a lot of electricity.
I realize that this post is a little out of place on this thread...maybe it was posted in the wrong place? But it still jumped out at me, Are these accurate numbers for cooling a house in the Houston area? Here in NC we pay about 250/month year round to heat and cool 2000SF. And that's a bit high because the house is older and the windows aren't very good. We're planning to move to Spring and we would have to grossly reconsider the house we bought based on these utility numbers.
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Unread 01-18-2011, 05:24 PM
 
1,480 posts, read 910,210 times
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Quote:
Originally Posted by pegotty View Post
I realize that this post is a little out of place on this thread...maybe it was posted in the wrong place? But it still jumped out at me, Are these accurate numbers for cooling a house in the Houston area? Here in NC we pay about 250/month year round to heat and cool 2000SF. And that's a bit high because the house is older and the windows aren't very good. We're planning to move to Spring and we would have to grossly reconsider the house we bought based on these utility numbers.
It depends on your level of required comfort. When its 95F outside and 90% humidity, how much tolerance do you have to heat. I have a 2000sqft home too with average insulation (mid 80's pink stuff and double paned windows) and pay $200/month to keep the house at 82 from 7am-9pm and 75 from 9pm to 7am. Triple the square footage and try and keep the house at 75 all day and that bill could quadruple/quintuple. 1500 maybe high still, but when you consider all the extra gizmos/amenities that 7000sqft houses have (custom outdoor lighting, pools, electronic monitors, etc) it can add up fast.
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Unread 01-18-2011, 05:25 PM
 
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Depends on the house. What he suggested is a 7000+ square foot barn that is 30 years old. The newer houses run 75 to 200 a month. My 4600 square foot that has the whole back in the sun all day is about 300 in August. Just get a house with trees and insulation. And a good HVAC. Some of the newer houses in Spring will guarantee a less than $100 month electric bill.
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Unread 01-18-2011, 05:54 PM
 
Location: Westbury
2,050 posts, read 1,198,163 times
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baloney on the newer houses in spring being that low! i have several coworkers who live out their in newer homes and this summer i got the joy of hearing them complain constantly. a newer home does not mean better insulation, better system, less air leaks. sometimes they mean worse and more.

ask the neighbors to the property what their bills are. if they care about getting a nice family moving in next door they'd answer. at least i would
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Unread 01-18-2011, 06:06 PM
 
3,118 posts, read 1,671,181 times
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There is a newish subdivision up off of Riley Fuzzel that partnered with GE to do a a development that is energy efficient. The original houses even had solar collectors. They dam_ sure did promise low electric bills. Read stuff on this forum. Lots of people have less than $100 light bills. Depends on if the kids leave the door open for 2 hours, if you have shade, and good insulation. You can ask the owner of the house you are buying to see their utilities for the past year. I agree just because a house is new, does not make it energy efficient. They are building crap even as we speak. Some builders are trying to catch the wave, now that Texas is unregulated. Shade can make a big difference in the light bill.
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Unread 01-18-2011, 06:14 PM
 
3,118 posts, read 1,671,181 times
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Quote:
Originally Posted by testmo View Post
baloney on the newer houses in spring being that low! i have several coworkers who live out their in newer homes and this summer i got the joy of hearing them complain constantly. a newer home does not mean better insulation, better system, less air leaks. sometimes they mean worse and more.

ask the neighbors to the property what their bills are. if they care about getting a nice family moving in next door they'd answer. at least i would
There is a listing on HAR now that guarantees utilities cost. The subdivision is Spring Trails
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Unread 01-19-2011, 06:33 AM
 
9 posts, read 32,306 times
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Thanks again for information. Interesting to hear that the Ravenuax golf club is not doing that well. If that were re-developed, there would be a very good chance that it would negatively impact surrounding homes. I am focusing in these neighborhoods because I think they may be the "safest" when it comes to NOT losing money over a 5-10 year period. What should homes around the golf courses sell for on $/sq ft basis?? I am leaning toward a home that is 20ish years old as I think a newer home will eventually sink to a similar price...ie the spread between 20ish and 5ish years old will narrow. Also, anyone care to opine on cost to cool in summer per 1000 sq feet?? That is, 3000 sq feet costs X and 6000 sq feet costs Y?? Not sure the kilowatt cost in Houston area...anyone know? My hunch is that total heat/cool cost will not be more than total in midwest. I guess if one wants to save on utilities than you need to move to San Diego!

Thanks again!
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Unread 01-19-2011, 06:38 AM
 
Location: The Woodlands/Conroe,Texas
795 posts, read 2,008,487 times
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Klein is a great place to live. I lived there for 15 years. There is a big difference between homes across from Raveneaux and memorial NW. Those are all million dollar estates. You can also buy a home over in Vintage Lakes for 500,000 on up, these are built by kickerillo as well as luxury townhomes etc, over there.All of my kids went to the Klein schools, I have 2 left in Klein high. In fact, they are living with my ex-husband so that they can finish school there.The vintage shopping and restaurants are awesome, you are about 20 minutes south of The Woodlands and its an easy commute to downtown.
The reason sq. footage prices are lower in older homes(in general
) is because everyone wants new homes. Its simple demand. It is my opinion you don't get near as nice as a home in the new home subdivisions and if you are older or have older children, such as teens, you will find these new areas saturated with small children . This is great for some people, and I find the younger people want these. I have also sold newer homes to younger people just because they were concerned about their little ones having friends, even though they would have preferred a more established neighborhood. Long story short, I agree completely with Supermac. Real Estate is all about location and you can get a small home in a million dollar neighborhood and still pay a million dollars.Prices can vary from neighborhood to neighborhood and even street to street at times. Overall, Klein has alot of fabulous neighborhoods no matter what price range you are looking at. I happen to prefer MN over Champion forest but Champion Forest is a more expensive neighborhood in general. Drive through, see which neighborhoods you prefer and pick a house. Your Realtor will run comps and let you know if it is priced well or not. The only neighborhood I really don't care for would be Oakwood Glen, with Charterwood in second place. Thats just my personal opinion from living out there for so many years.
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