Do keep in mind that if you have to go anywhere downtown Houston you will become best friends with Interstate I10 as you will be sitting on it a LOT. If you can afford a nice car and the gas and do not mind sitting in traffic, cool. All I am saying is consider the commute when/if you do move here.
Good luck, friend!
The premium you are speaking of can reference many things. Schools, quality of neighborhood, past sales trends, ease of commute, etc.
Katy and the neighborhood of Cinco Ranch has a great track record. You cannot predict the future, but if this is any indicator, you would be buying in a great community.
Keep in mind there are other neighborhoods in the Katy area that also do very well and there are other areas of Houston that we are seeing great growth and their future prospects look bright. Those areas in Cypress will boom in just a year or two with the completion of the Grand Parkway and expansion of Highway 290. Right now, the areas may look like a bargain for the same home VS the Katy area. Good schools, amenities, parks, etc.
You might consider hiring a Realtor like myself with +20 years of experience and the knowledge of several areas of Houston. That way your not confined to just one area to explore. Let us know if we can assist you.
Bernstein Realty, Inc.
Let me know if you have more questions. The contact below is the best way to reach me.
REALM Real Estate Professionals
However, there are many nice pocket communities mixed in and around CInco Ranch that are great without the premium.
When searching, look at the whole area(homes in and out of Cinco Ranch) and you can decide if the amenities are worth it for you.
Schools are highly rated, and I've gotten virtually no negative feedback from anyone who has purchased a home there. With all that said, however, much depends on your budget and expectations. Come on down and let me show you around.
Trend Setter Realty