Before buying or even selling my house fast in Houston, Texas, you have to take into account a couple of factors. These factors are the things that affect your property’s value in the long run. Don’t just make a purchase or a sale and move on with your life as if you’ve not impacted your life in any way.
Owning my home in Houston, Texas, gives you the opportunity to grow wealth over time. You’ll be growing wealth through equity, and that’s why you need to understand which factors can or will hurt you down the road.
What Are Some Of The Factors That Hurt Property Values In Houston, Texas?
- Deferred maintenance
Oh, they told you that you don’t have to worry about it if it’s still functional? Well, We Buy Fast Houston Houses hates to burst your bubble buddy, but they lied to you. As a homeowner in Texas, it’s your responsibility to ensure your property’s structural components and systems are in the best condition.
Damaged structures are the reason why appraisers are constantly devaluing your house. The HUD has a comprehensive maintenance checklist that can help any homeowner monitor their property’s condition. Look for it and use it.
- Renovations not built to code
If you have to build it, go for a permit. Otherwise, you’ll end up losing a lot of money. We don’t know what your real estate agent told you, but any property addition that’s built without a permit will be illegal. You’ll just be wasting your time and money because it won’t even add value to the property.
- Outdated kitchens and bathrooms
There’s a reason why buyers and even sellers in Houston, Texas always focus on kitchen and bathrooms when buying or selling homes. They know these rooms can communicate a lot about a property. It’s easy to tell what condition the property’s in just by looking at the appliances, countertops, cabinets, etc.
- Shoddy workmanship
Do not start any project, if you don’t have the financial muscle to pull it through. We Buy Fast Houston Houses has on a number of occasions seen homeowners start a project without any financial plan only to give up midway. Don’t damage your property’s value with low-budget renovations.
- Bad landscape
We Buy Fast Houston Houses will tell you what we always tell all our potential clients – keep the landscape standard on par with the neighborhood standard. That’s one of the ways you’ll protect your property’s value from dropping. Don’t invest too much on it. Just make sure you regularly mow the lawn and trim the plants.
Sell To a Cash Investor
If all these things sound like too much to take on, maybe it’s time you reached out to a real estate investor who can help you get a fast sale. We Buy Fast Houston Houses already has an offer for you. By selling to us, you’ll be saving a lot of money and time.
Do you want to learn more about our buying process? Just pick up your phone and start dialing We Buy Fast Houston Houses.