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Old 05-11-2012, 04:44 PM
 
66 posts, read 118,914 times
Reputation: 54

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There are couple of houses close to Braes bayou( 77025) that we saw. One is in a subdivision called emerald forest ( Glen arbor dr) that is facing the bayou and some in Knollwood village (close to Linkwood park.
Wondering if it is even worth looking as it is sure to have been flooded or WILL flood.
Any suggestions?

Anyone know about this subdivision called emerald forest?

Our agent discourages from even looking there - but we see a house that we like.
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Old 05-11-2012, 07:53 PM
 
4,363 posts, read 7,258,174 times
Reputation: 3743
Default Listen to your agent...

I would heed the agent's advice. Agents will know much more than meets the eye. A one way decision won't seem bad, that is, liking a place and buying it regardless of what anyone else thinks. But then if you decide to move, you may have problems selling, or not get what you put into it, especially if the house floods, which you will be required to report when you sell.

Did you ask your agent why he/she was against it? Have you looked on the Harris County Flood Control maps? You can plug the address in and see where it may flood. Harris County Flood Education Mapping Tool
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Old 05-14-2012, 11:08 AM
 
28 posts, read 47,513 times
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I used to live n Knollwood. We never even got a puddle in Ike or Rita. The previous owners of our home also assured us that it never flooded or even got high water during Allison. I wouldn't worry about it. What I WOULD worry about are declining property values in that area. 4 years ago, my Knollwood house was worth $370K. We sold for about $65K less than that last year....and prices have gone down even more since we sold...
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Old 05-14-2012, 11:46 AM
 
1,509 posts, read 1,698,695 times
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Quote:
Originally Posted by uagreen View Post
I used to live n Knollwood. We never even got a puddle in Ike or Rita. The previous owners of our home also assured us that it never flooded or even got high water during Allison. I wouldn't worry about it. What I WOULD worry about are declining property values in that area. 4 years ago, my Knollwood house was worth $370K. We sold for about $65K less than that last year....and prices have gone down even more since we sold...
It seems inexplicable that prices are decreasing with all the knockdowns happening and the growth of the med center. I think it's just a correction ridiculousness of pre-financial meltdown and the area will strongly rebound, especially if it can get reclassified by FEMA after all the bayou improvements.
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