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The Inner Loop area comprises the cities of Bellaire and West University, as well as those parts of Houston located inside Loop 610. The area is a mixture of historical landmarks, museums, arts, sports arenas (Astrodome, Compaq Center), medical facilities (The Medical Center), fine restaurants, and first-class shopping. (The Galleria shopping center complex is located just outside the loop on Westheimer.)
The Inner Loop area combines older homes with new construction. Many of the older homes are purchased strictly for their lots and location, and are being replaced with new homes ranging from 2,000 to 8,000 square feet. Most of the new homes in this area start around $300,000, and can go into the seven figures. Resale housing is also available but demand is high in what is currently a seller's market. Many older homes are about 1,500 square feet and have only two bedrooms, a den, a kitchen and a detached, one-car garage. These homes generally start at about $150,000. The trade-off, however, is the charm of the older neighborhoods and easier access to Houston's best attractions. There are several areas that you may want to take a look at in the Inner Loop area such as DOWNTOWN, THE HEIGHTS, MONTROSE, RIVER OAKS, THE MEDICAL CENTER, WEST UNIVERSITY and BELLAIRE
Downtown is becoming more attractive to Houstonians as a place to live. Approximately 2,000 downtown residences exist in such locales as Beaconsfield, Hermann Lofts, White Oak Lofts, Dakota Lofts, Four Seasons Place, Hogg Palace, Houston House and 2016 Main. Prices range from $90,000 to $750,000. Residential development is booming and in 1998 alone over 1,000+ new residential units became available. Since Houston is one of only four cities in the country with resident companies in all four performing arts - ballet, opera, theater and symphony-and the theater district is located downtown, residents of this neighborhood have easy access to some of the nation's premier performances.
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