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I'll have to check into the flooding history. Our Realtor did not think the house we're interested in had flooded in the past, and there wasnt any evidence of such. Nor was it disclosed by the seller, but we will have to be sure. Also, I thought the homes in Lakewood Forest and Heatherwood were a little HIGHER than they should be, considering their age, square footage, and how much updating they need. Perhaps I didnt realize that home values in that area are higher for what you get than homes I'm used to. We currently live in the Magnolia area, and you can get quite a bit of home here for a good price.

Thanks for sharing your opinions! I was thinking that I should have been more specific about the section of Louetta I was referring to.... I was curious about the area from 249 around Lakewood Forest, Heatherwood, Vellagio (or whatever its called). There are quite a few little retail areas now, and it doesnt look nice at all. I was wondering if the amount of traffic that the Vintage brings in, combined with the ugly little shops along the road right there, would lower home values. I suppose its just a guessing game regarding that section of Louetta, and it depends on how it continues to be developed. I'm in the market to buy a home, and I love the neighborhood, but I have reservations about what that section might turn into.

Hi there! I've read through these forums and couldnt find anything specific about the home values along Louetta. Louetta looks like crap now. And with the Vintage Market, it could look better OR worse. What do yall think about house values along Louetta? Do you think they will go up or down over the next 10 years, due to all the retail and what-not in the area?