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Market Conditions in Buda : Real Estate Advice

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  • Home Buying8
  • Home Selling0
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Activity 2
Thu Oct 9, 2014
Annette Lawrence answered:
Overvalued by 19%, but still selling.

Ruben, value is determined by what a buyer is willing to pay.
My thoughts are you need better data.

Another option is a different strategy.
Chat with your REALTOR regarding your options.
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Thu Dec 16, 2010
Theresa Hogan answered:
Hi Rob,
There are many factors that you have to consider when weighing your options. You need to first find out what your house is worth right now. (As an agent in the Buda area, I can do a CMA for you to determine this figure). How much do you owe? Will you have to come to the table with cash if you do try to sell today? The toll road is not so much of a factor as the market in Buda is. We are a very desirable community and home prices have stayed stable for the most part. We have excellent schools and families want to be here. That in it self is a pro. The cons are homes are staying on the market longer and this is not the best time of year to sell. Typically spring is better. Renting is a good option for this area. There are many families moving in from out of town and even out of state who want to rent to try to get a feel for the area before they commit to buying.
We have a shortage of rental property in Buda, so I feel you would have an application relatively soon.
Let me know if I can help in anyother way.
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