Knollwood Village consists of older and new construction homes. The older homes, many of which have been remodeled, range from around 1300-2000 sq. ft., were built on slabs, and most have hardwood floors. The older homes in poor condition are often sold to buyers wanting lots to build their custom homes or builders who are usually building two story, 3500-5000 sq. ft. brick, stucco and stone exterior structures. The price range for older homes is generally $250,000-$400,000 and $600,000-$850,000 for new construction.
As of 5/7/2012, there are 8 single family homes for sale in Knollwood Village ranging from a low of $250,000 for a "lot value", 3 bed/ 2 bath, 1589 sq. ft home on a 8400 sq. ft. lot to a 2007 built, 4 bed/4.5 bath/2 car garage, 4412 sq. ft. home on a 9100 sq. ft. lot being sold for $795,000. The average list price per average square foot of living space is $180.93. Five additional homes are pending, but haven't closed yet.
In April 2012, 5 homes sold. The low sale of $150,000 was for a 3 bed/ 1.5 bath/ 2 car garage,1632 sq. ft. "fixer upper" home or maybe they were only interested in the 8112 sq. ft. lot. The high sale was $878,888 for a 2008 built, 3 bed/ 3.5 bath/ 2 car garage, 3833 sq. ft. home on a 8925 sq. ft. lot. The average price per sq. ft. for the solds was $193.85.
ZIP Code: 77025 Approximate Location Boundaries: Inside 610 Loop, south of S Braeswood , Buffalo Speedway area
Location Characteristics: Knollwood Village is a Houston inner loop, deed restricted, residential subdivision consisting of around 600 single family homes. It is close to the Texas Medical Center, downtown Houston, the Musuem District, Reliant Stadium and the Galleria. Originally developed in the 1950s, the last few years have seen new construction in the neighborhood. The subdivision is zoned to Longfellow Elementary, Pershing Middle School, and Bellaire High School although one should always check with HISD for boundary changes. Other subdivions in the immediate area are Braes Terrace, Westridge, Linkwood and Woodside.
