Surge Homes Announces Affordable Condos in Houston
- Oct 24, 2016
By Anca Gagiuc, Associate Editor
Houston—Surge Homes announced it has begun development of a new affordable condominium community in Houston’s Museum District. Prospective homebuyers can acquire a certificate through the company’s VIP Reservation Program, which provides the option to secure priority of a residence when they are released for final sale in a few months. Move-in is expected to take place in 2018.
Museum BLVD is an $11 million, 50-condominium, mid-rise development located at 4819 Caroline St., in close proximity to the cultural and recreational amenities of the Museum District. Furthermore, Hermann Park and METRORail Wheeler Station are within walking distance from the property.
The community offers lofts, one- and two-bedroom homes, and penthouses with large terraces and skyline views that range from 420 to 1,099 square feet. Residents also have access to private, reserved parking in the gated garage on the building’s first floor. Priced from the $140,000s to the $340,000s, the homes are in contrast to the median home values of $745,000 in the Rice/Museum District market area, as cited by the Houston Association of Realtors.
“In 2014, when we originally started consulting with thousands of Houstonians, we saw a great demand for affordable condominiums or townhomes for this great site on Caroline Street. However, we kept listening to our future homeowners and saw that demand shifted overwhelmingly toward condos in 2016. Houston’s Inner Loop real estate market is clearly moving more and more toward affordable, worry-free new condos in sought-after areas offering walkability. It is the hottest residential product in the city right now,” Ben Lemieux, co-owner of Surge Homes, said in a prepared statement.
The property is the third of several Surge Homes communities slated to open in Houston’s Inner Loop, following Parc at Midtown and Upper Richton. Every home is equipped with all kitchen appliances and washer and dryer connections.
“Surge Homes was the first to introduce affordable, space-efficient condos of less than 500 square feet for sale in Houston in 2014, and it surprised many that our Parc at Midtown community is so successful and was named the fastest-selling attached new residential subdivision in Harris County. A recent survey of home buyers in the U.S. revealed that the price of the home and the neighborhood is far more important than the size of the home,” added Louis Conrad, co-owner of Surge Homes.
Images courtesy of Surge Homes