Condo

HOUSTON—Development is underway on Museum BLVD, an affordable condominium community in the prestigious Museum District neighborhood. Located at 4819 Caroline St., Museum BLVD is an $11 million, 50-condominium mid-rise development located in close proximity to the cultural and recreational amenities of the district.

The offering will include homes ranging from the $140,000s to the $340,000s, according to Surge Homes. These prices 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 the first 24 hours since we launched our Museum BLVD community, we've seen a great response from the many clients who took advantage of our VIP reservation program and purchased a certificate,” Louis Conrad, co-owner of Surge Homes, tells GlobeSt.com. “Prices for these condos start in the $140s and buyers will be able to purchase a home in the affluent Museum District with a 5% down payment. This is what we mean when we ask, 'Why rent when you can own for the same monthly payment?'”

The certificate through Surge Homes' VIP reservation program provides buyers a priority opportunity to secure homes upon release for final sale in a few months. The move-in date for Museum BLVD is expected in 2018. Buyers can choose between lofts, one-and two-bedroom homes, and penthouses with large terraces. In addition, skyline views range from 420 square feet to 1,099 square feet and include private, reserved parking in the gated garage on the building's first floor.

“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 towards condos in 2016. Houston's Inner Loop real estate market is clearly moving more and more towards affordable, worry-free new condos in sought-after areas offering walkability. It is the hottest residential product in the city right now,” said Ben Lemieux, co-owner of Surge Homes.

These space-efficient condominiums offer 70 interior design packages for kitchens and bathrooms from which buyers can choose. Every home comes complete with all kitchen appliances, and washer and dryer connections. Additionally, Museum BLVD homes include the unique Surge Homes quality assurance program comprised of a 10-year transferable 2-10 home buyers warranty and a master insurance program for the duration of the 10-year warranty.

The urban location earned an 81 out 100 Walk Score. The community is a short walk to Hermann Park, which offers visitors 445 acres of park space that includes a train, gardens, lake, paddle boats, a golf course, a cafe and the Houston Zoo. The METRORail Wheeler station is close by and easily accessible on foot. This proximity allows residents to leave their cars at home in the gated private parking and still commute back and forth to downtown, the medical center or Reliant Park.

Following Parc at Midtown and Upper Richton, Museum BLVD is the third of several Surge Homes communities slated to open in Houston's Inner Loop.

“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 US revealed that the price of the home and the neighborhood is far more important than the size of the home,” said Conrad.

Condo

HOUSTON—Development is underway on Museum BLVD, an affordable condominium community in the prestigious Museum District neighborhood. Located at 4819 Caroline St., Museum BLVD is an $11 million, 50-condominium mid-rise development located in close proximity to the cultural and recreational amenities of the district.

The offering will include homes ranging from the $140,000s to the $340,000s, according to Surge Homes. These prices 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 the first 24 hours since we launched our Museum BLVD community, we've seen a great response from the many clients who took advantage of our VIP reservation program and purchased a certificate,” Louis Conrad, co-owner of Surge Homes, tells GlobeSt.com. “Prices for these condos start in the $140s and buyers will be able to purchase a home in the affluent Museum District with a 5% down payment. This is what we mean when we ask, 'Why rent when you can own for the same monthly payment?'”

The certificate through Surge Homes' VIP reservation program provides buyers a priority opportunity to secure homes upon release for final sale in a few months. The move-in date for Museum BLVD is expected in 2018. Buyers can choose between lofts, one-and two-bedroom homes, and penthouses with large terraces. In addition, skyline views range from 420 square feet to 1,099 square feet and include private, reserved parking in the gated garage on the building's first floor.

“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 towards condos in 2016. Houston's Inner Loop real estate market is clearly moving more and more towards affordable, worry-free new condos in sought-after areas offering walkability. It is the hottest residential product in the city right now,” said Ben Lemieux, co-owner of Surge Homes.

These space-efficient condominiums offer 70 interior design packages for kitchens and bathrooms from which buyers can choose. Every home comes complete with all kitchen appliances, and washer and dryer connections. Additionally, Museum BLVD homes include the unique Surge Homes quality assurance program comprised of a 10-year transferable 2-10 home buyers warranty and a master insurance program for the duration of the 10-year warranty.

The urban location earned an 81 out 100 Walk Score. The community is a short walk to Hermann Park, which offers visitors 445 acres of park space that includes a train, gardens, lake, paddle boats, a golf course, a cafe and the Houston Zoo. The METRORail Wheeler station is close by and easily accessible on foot. This proximity allows residents to leave their cars at home in the gated private parking and still commute back and forth to downtown, the medical center or Reliant Park.

Following Parc at Midtown and Upper Richton, Museum BLVD is the third of several Surge Homes communities slated to open in Houston's Inner Loop.

“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 US revealed that the price of the home and the neighborhood is far more important than the size of the home,” said Conrad.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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