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Welcome to my neighborhood, Oak Ridge Village and adjacent portions of Hunter's Mill. I'm not just some agent who is farming the area for what i can milk from it. I own a home and live here, so I have a vested interest in the real estate transactions that affect my neighbor's and my common interests.
The neighborhood is located in north central San Antonio, just off of Thousand Oaks Drive. Click here for maps of the neighborhood and the area in which it is located.
In addition to links to the respective home owners' association Web sites and links to the NEISD and schools that serve Oak Ridge Village and Hunters' Mill, information about the home values for each subdivision and articles specifically of interest to residents can be found below.
More information about the neighborhood recreational facilities and other home owner benefits in each can be found by visiting the Oak Ridge Village Homeowners Association and Hunter's Mill Homeowners Association Web sites.
The neighborhood is served by the Northeast Independent School District. Visit the NEISD site for timely news and information about the district events, ratings for the schools, academic programs, athletic programs, arts programs and other school information.
The schools attended by your children are:
Wetmore Elementary School [Rangers]
3250 Thousand Oaks
San Antonio TX 78247
(210) 481-4029
Google Map Location
Clara Driscoll Middle School [Defenders]
17150 Jones-Maltsberger
San Antonio TX 78247
(210) 491-6450
Google Map Location
Douglas MacArthur High School [Brahmas]
2923 Bitters Road
San Antonio TX 78217
(210) 650-1100
Google Map Location
The pages for each school also provide information about the rating for the school, its demographic, reports, campus directory and more.
The following information statistically tracks home values in Oak Ridge Village and Hunter's Mill from February 2003 through February 2008. Separate analyses were done for one and two story homes. While no distinction was made between three and four bedroom homes, those with five bedrooms were not used in the calculations in order to avoid skewing the data for two story homes.* Nor was any differentiation made between homes with or without formal living or dining rooms.
Nor was any attempt made to determine the effect of any upgrades or improvements, or the condition of the property on the sales prices. It should be noted though that neither the span of time, nor any of these factors could likely account fully for the difference in prices. Buyer motivation and the quality of agency representation are the factors that are more likely to account for the disparity.
In the following, the stated price is the value per square foot for one and two story homes, and the percentage stated is the average increase in values at year's end over the average values at year's end in the preceding year. The tabular data is an MLS compilation that is useful primarily to see how price affects the time necessary to sell a property, and how active the market was in a given time period.
Oak Ridge Village
2003
One Story—$70.78–$86.20; % increase not available
Two Story—$61.37–$68.92; % increase not available
High Low Average Median No. of Homes List Price: $161,710 $105,000 $138,364 $138,150 36 Sold Price: $161,710 $100,000 $136,292 $135,200 Days on Market: 320 4 101 76 2004
One Story—$72.28–$87.43; +2.689%
Two Story—$60.01–$71.36; +3.584%
High Low Average Median No. of Homes List Price: $168,500 $113,900 $139,193 $136,900 48 Sold Price: $164,500 $110,000 $137.738 $135,900 Days on Market: 320 5 74 52 2005
One Story—$75.12–$93.91; +4.895%
Two Story—$67.01–$77.07; +6.536%
High Low Average Median No. of Homes List Price: $175,900 $119,900 $146,876 $149,900 39 Sold Price: $175,900 $117,500 $144,335 $147,500 Days on Market: 209 5 43 33 2006
One Story—$75.04–$99.42; +5.882%
Two Story—$63.33–$79.43; +2.605%
High Low Average Median No. of Homes List Price: $225,000 $119,900 $159,327 $157,875 44 Sold Price: $215,000 $120,000 $157,325 $157,750 Days on Market: 143 1 35 28 2007
One Story—$73.09–$109.74; +3.777%
Two Story—$70.10–$87.79; +6.225%
High Low Average Median No. of Homes List Price: $195,000 $132,000 $161,198 $166,200 26 Sold Price: $190,000 $132,750 $160,043 $165,450 Days on Market: 288 1 50 18
Hunter's Mill2003
One Story—$61.55–$72.42; % increase not available
Two Story—$51.09–$57.86; % increase not available
High Low Average Median No. of Homes List Price: $130,000 $92,900 $111,477 $109,000 22 Sold Price: $127,000 $92,000 $110,857 $112,500 Days on Market: 240 6 68 58 2004
One Story—$55.68–$77.14; +4.715%
Two Story—$45.22–$61.74; +1.966%
High Low Average Median No. of Homes List Price: $138,900 $89,900 $116,150 $116,000 31 Sold Price: $142,000 $92,000 $114,887 $112,500 Days on Market: 274 6 58 35 2005
One Story—$71.85–$96.44; +4.225%
Two Story—$43.16–$63.90; +4.540%
High Low Average Median No. of Homes List Price: $145,000 $91,200 $121,626 $119,887 38 Sold Price: $147,000 $94,000 $121,357 $120,687 Days on Market: 202 1 44 19 2006
One Story—$69.20–$96.07; +13.195%
Two Story—$48.67–$68.69; +13.194%
High Low Average Median No. of Homes List Price: $159,500 $106,500 $135,348 $134,900 39 Sold Price: $160,000 $106,500 $134,275 $133,000 Days on Market: 118 1 25 13 2007
One Story—$76.24–$98.13; +1.850%
Two Story—$51.71–$67.65; -3.093%
High Low Average Median No. of Homes List Price: $174,950 $121,000 $143,489 $140,950 24 Sold Price: $170,000 $121,000 $142,622 $140,250 Days on Market: 87 1 32 12
While performing the research, I got the impression that a lot of agents did not server their clients well. The disparity in the sales prices just seemed too out of line with the values. You can read more about this in an article in my blog: A Seller's Biggest Mistake
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* The difference between the value of four and five bedroom homes is similar to the difference between the value of one and two story homes, though for different reasons. The value per square foot for two story homes is lower than one story homes due to lower construction costs related primarily to the size of the slab and roof. The lower demand for five bedroom homes (two story) further affects their value in the resale market.
I also track and provide significant news related to the NEISD, and the neighborhood on my BLOG. Current articles:
