Timbergrove Manor: Days on Market Breakdown

Norhill Realty January 10, 2012

The homes in Timbergrove can be broken down into three relatively distinct types which are non-renovated, partially renovated, and fully renovated. In this post, we’ll dig deeper into these categories and reveal the days on market for the past six months. In terms of property types, Timbergrove Manor is comparable to other inner-city neighborhoods such as Shepherd Park Plaza, Willowbend, Maplewood, and Meyerland.

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Non-Renovated Homes

Most of the homes in Timbergrove were built in the late 50s and early 60s. The homes in this category will typically have original finishes such as flooring, kitchen countertops, appliances, and bathroom tile. These homes may also need significant updates to the major systems such as electrical, HVAC, and plumbing.

Over the past six months there were 17 homes that sold in this category. The median days on market was 68 days.

Partially Renovated Homes

The homes in this category are typically move-in ready and have had some updates to finishes and major systems. The updates are not always recent with many dating back 10-15 years. Many of these homes may have original tile in the bathrooms, but may have newer kitchen cabinets and countertops.

Over the past six months there were 19 homes that sold in this category. The median days on market was 44 days.

Fully Renovated Homes

These homes have all new finishes in the kitchens, bathrooms, bedrooms, and livings areas. They also include very recent updates to the major systems, windows and roof.

Over the past six months there were 8 homes that sold in the category. The median days on market was 44 days.

To summarize, all three categories in Timbergrove Manor perform very well when compared to other neighborhoods in the Houston Inner Loop. The combination of location, property size, lot size, and price has created a strong demand for these properties that we expect to continue.

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TIMBERGROVE HOMES FOR SALE

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