Did you Know the the Differences Between Houses in Plano and Houston? Despite being in the same state, the homes in Plano and Houston are substantially different if you plan to sell your house in Plano; first of all, congratulations! According to Niche, the odds are in your favor due to an ever-growing market and just the mere fact that Plano is one of the top five cities to buy a house.
Once you sell your house in Plano, you may be considering a move to hip and happening Houston for its booming economy and low cost of living. You can’t go wrong choosing either city, as both offer remarkable and unique qualities. Still, it’s wise to get informed on both places before diving headfirst into a life-changing decision (i.e., buying a home) virtually blindfolded.
Numerous factors, from pricing to styles, make up the differences between Houston and Plano homes. We’ve broken them down below, so let’s take a look.
Differences Between Houses in Plano and Houston
1. Housing Costs
When you sell your house in Plano, it’s essential to have a firm understanding of the city’s market (or at least a real estate agent who does). As of 2021, Plano’s median home value clocks in at a hefty $445,000. The region’s property values reflect its ever-growing economy and exceptional quality of living.
Though Houston has undoubtedly experienced a housing boom, it’s not nearly as pricey as Plano. Compared to its fellow Texas city, Houston’s housing costs fall 44.2% below at a median value of around $284,000.
2. Market Demand
Like the rest of Texas, Plano is in the midst of a housing boom with no signs of slowing down. With prices rising 12.7% annually, Plano’s housing market leans heavily in favor of the seller. So, if you’re planning to sell your house in Plano, you’re in luck.
Houston is undoubtedly a part of the Texas housing boom, too. However, it’s no match to its northern counterpart, Plano. In Houston, real estate rates are currently rising at a rate of 5% each year, meaning the market is more balanced between buyers and sellers.
Though the two cities demonstrate varied housing markets, they both have one thing in standard- low inventory. Even with ample new-home construction sites, builders can’t seem to keep up with the significant demand of interested buyers seeking to relocate to the desired region.
Homes are typically built according to the climate that surrounds them in terms of both architecture and functionality.
Plano is set northeast of Dallas on the Blackland prairie, making it susceptible to tornadoes. An average of three passes through the city per year, so many options to build storm cellars on their properties.
Meanwhile, farther south, Houston has to worry about hurricanes, flooding, and muggy summers. As a result, its homes are required to be built at least twelve inches above expected flood levels.
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