Crestwood is one of the prime communities in Houston, having one of the highest real estate values in the district due to its luxury homes, spacious lots, and trees that add grandeur to the scenery.
Also called as the Crestwood-Glen Cove neighborhood, the area is also known for its heavy deed restrictions. This is to be as expected from a neighborhood that is composed of luxurious homes and high-priced property. So if you have the finances for it, you do get what you pay for when residing in Crestwood, Houston. Through these restrictions, the theme and style of the neighborhood is maintained, while also keeping the area purely residential.
Beginnings of Crestwood
The Crestwood neighborhood began almost at the same time as Memorial Park in the 1930s. But since the year 2000, several of the first houses in the neighborhood have been demolished, and newer and larger houses now stand in their stead.
Exclusivity of Crestwood
Part of the price that you pay for when getting a Crestwood Houston real estate is the exclusivity. The neighborhood currently has approximately 127 homes, so it makes for a small, if one may say, elite community.
So, aside from the surrounding nature and trees of Memorial Park, you also pay for the privilege and reputation of living in one of Houstonâ€™s most expensive neighborhoods.
The price of course is not without its merits. Crestwood is conveniently located a few miles of downtown Houston, so city life is within reach. And with Memorial Park just around the corner, you can also enjoy the benefits of outdoor activities and the beauty of surrounding nature. If you choose to live in the Crestwood neighborhood, you can easily say that you have the best of both worldsâ€”the city and country life.
As a preview to the current prices of Crestwood properties, the average home has more than three bedrooms, with a lot area of 3,000 square feet. Also, the average value of a home in the neighborhood is $650,000. Actual prices can easily go beyond that average price.
If you have the resources for it, one of the best places to reside in Houston is Crestwood. With large luxurious homes, great scenery, and convenient location from the city, itâ€™s no wonder why Crestwood is one of the prime communities in Houston.