Does a Mueller Grocery Store in 2013 Impact House Prices Today?

HEB is coming to Mueller - it's set to headline at the market district at 51st and Berkman sometime in 2013. It's been eagerly awaited by residents since the inception of the development.

The fundamentals of real estate say that buying in the way of development is good for appreciation. So if you bought a small home next to the site of a multi-billion dollar retail park like the Domain, you might expect that more people would like your home over time as the number of jobs and amenities increased. So too you might expect a HEB to be a good amenity for a neighborhood - especially if it was a super energy efficient LEED certified bells and whistles store like that planned for Mueller Austin.

Of course the new store is developing as the Dell Childrens' Hospital is growing another wing, and other medical office buildings are being built. so progress is coming to Mueller in truck-fulls. Which is one reason that there are 221 new homes under construction in 2012, along with the projected ground breaking of the Austin Children's Museum in Spring 2012.

So what does this mean for house prices at Mueller? Read more at my sister blog. You might be surprised to see my opinion. 512 215 4785