The four-bedroom home at 3 Briarwood Court, listed by Compass’ Robert Bland for $27.5 mil, has verdant courtyards and a whole-home generator.
IS A HEALTHY, balanced real estate market finally here? Per HAR data, the answer is ... kind of? Inventory is at the highest level since 2011, prices are holding steady, and the city and metro area continue to grow in population. Having lost population after Harvey and Covid, the city welcomes significant yet sustainable growth — and a housing market that can handle it.
1. Generating Interest
The four-bedroom home at 3 Briarwood Court, listed by Compass’ Robert Bland for $27.5 mil, has verdant courtyards and a whole-home generator.
Hands-down, one of the most in-demand features is the whole-house generator, a built-in fixture connected to the natural gas line which kicks on within moments of a power outage. After the 2021 freeze and the derecho in May, this summer’s Hurricane Beryl was strike three for homeowners who now seek the safety and comfort that a standby generator provides. Many of the city’s most expensive listings, such as this Briarwood Court manse situated on a River Oaks cul-de-sac, tout the inclusion high up in the list of amenities. HAR says that the number of luxury homes sold with built-in generators increased by 600 percent between 2018 and 2023.
2. Wood You Rather?
Mike Mahlstedt of Compass is listing this 8,120-square-foot property at 2110 Del Monte Dr. for $6.5 mil.
While new construction is appealing for several obvious reasons, older homes have one clear advantage: character. Homeowners, designers and realtors all agree that unique details can sell a home. Scroll HAR and you’re likely to find features like parquet floors and wood-paneled rooms, in homes old, new and reimagined. A sleek version can swath a handsome bathroom, like this one in River Oaks, while an office or study might still rock retro or Victorian-style raised paneling. Wood paneling can also lend a cottage-y feel to kitchens, laundry rooms and bathrooms.
3. Urban Oasis
DC Partners’ The Allen has the Thompson Houston hotel, pictured, and high-end condos.
The skyline along Allen Parkway has dramatically transformed over the past few years, with mixed-use developments galore proffering primo dining destinations, nightlife and more. DC Partners’ 35-story The Allen, for example, is home to the Thompson Houston hotel and 115 high-end condos, while the 24-story Autry Park is similarly urbane with 300-plus apartments.
Explore Houston's top neighborhoods here or the real estate report by-the-numbers here.
