For many years, the lofty prices of older homes in Meyerland and Bellaire have been a barrier for people interested in building new homes in the area.
But that’s all changed in recent years. In 2015, 2016 and 2018, Meyerland and Bellaire were hit by three major floods, leaving many homes for sale at lot value. At the same time, the Harris County Flood District has embarked on an aggressive infrastructure project to protect the area from future flood damage.
With the risk of future flooding low, residents have been rebuilding or raising their homes. For people looking to sell their damaged homes, it’s often at a discount. As new construction ramps up in the area, home values will inevitably rise—and drastically—with demand increasing due to the limited supply of available lots. Now is a rare opportunity to invest in one of Houston’s most desirable neighborhoods at a fraction of the cost.
Over the next several years, the neighborhoods will continue to evolve. As more and more young families move in to take advantage of the area’s top-notch schools, you’ll see more children riding their bikes through streets and playing in cul-de-sacs. Meyerland and Bellaire will continue to thrive, as families from Houston and beyond flock to the safe, central and diverse communities.
