The Housing Market Forecast 2017 for Houston, Texas

Are you considering to buy or build a home in Houston? This will be one of the most important decisions of your life, so say the industry leaders, economists and analysts. Following the previous year’s trend, 2017 will also witness a rise in the prices of real estate properties. Let us take a look at what the experts predict about the growth of Houston housing market for 2017!

Housing Market Forecast 2017

Housing Market Forecast for 2017

With the advent of the new home inventory, many real estate experts predict that the buyers will get an extended range of homes for sale in the market. The holiday season and the concluded election have left an impact in this market and the inventory is ever-increasing.

In the December 2016 press release made by the Houston Association of Realtors (HAR), it was reported that there was an 8.3% rise in the median price of a single-family home. This was the data for the month of November. It made a 7.2% year-over-year gain. Even in the midst of a doubtful energy sector, the market showed an amazing resilience.

The year 2017 may follow this rising trend, however, the industry experts are worried about the rising rates of mortgage that could slow down the process of growth. Herein, one needs the support of an experienced general contractor in Houston who can guide in the preparation of a robust design plan and budget.

Budgeting and Plan Design of a New Home

The professional home construction builders in Houston facilitate a design team comprised of highly qualified experts. Before you move into the actual phase of construction, you should share your budget constraints with your design team. If you select the design-build process, you get the benefit of stage wise estimate of the budget. Before undertaking a home design phase, the general contractor will provide a reasonable assurance of estimated cost.

If in any case, the upper limit of your budget crosses over, the design team will value engineer the incomplete design drawings to return back within your budget threshold. This will save you an unnecessary delay in project completion or an unexpected major cost born out of a changed design.

The Ultimate Result

The bid documents will be created and used by the general contractor to prepare for budgeting. After a detailed product selection process has been gathered and the 90% drawings had been completed, your general contractor can finalize the construction budget.

The bid documents are comprised of a detailed schedule of values, detailed house construction plans and building site documents . After the schedule of values has been developed with the support of the budget, the owner can finalize his or her construction lending and mortgage. Then the general contractor will provide the owner a separate list of budget items for individual design plans with allowance schedules that are supported by the plans, details and product selections chosen by the homeowner.

You can explore the vast opportunities available in the Houston housing industry and reap the benefits of a growing housing market in 2017. The general contractors in Houston could help you further by providing an error-proof design plan supported by your budget expectations.


5 Economical Means for Increasing Curb Appeal

Home is a dream dwelling to live in and it is also an investment. We spend lots of money, effort and time in order to get the best results for our home in Houston. It is important to have an impeccable home design as long as we live there and also when we decide to sell it. The curb appeal of a home is very important when you present it before the prospective buyers.

The tricks of home improvement in Houston are capable of enhancing the curb appeal of your home. If you are thinking that you need to spend lots of money for this, think again! There are economical means of enhancing the curb appeal of your home. Let us have a look:

Increasing Curb Appeal

1. Front door: The survey reports conducted nationwide conclude that when you simply swap your front door, you make an amazing impression upon the onlookers. It should be durable, functional and beautiful. There is a long list of material types that you may choose from to construct your front door. It could be made of wood, steel, aluminum or fiberglass! Better you ask a professional home builder in Houston who is better placed to offer you valuable inputs.

2. Shutters: The investment for your front door might be a bit higher but how about adding or changing shutters for your home. However, it can add a color to your home. Highest quality, colorful shutters are available at several profiles with the home builders in Houston.

3. Railings: An amazing curb appeal heavily depends upon the first-impression made! If your railings are rusty, it is the time to change them. This modest face-lift can add worth to your real estate property in Houston. You could either repaint them or install completely new railings. The types to choose from are iron, vinyl/PVC, aluminum and treated lumber.

4. Gutters: New gutters place influence and help you to enhance the curb appeal of your home. The outside appeal of your home could be greatly enhanced through the installation of custom-made seamless aluminum gutters. To complement with the color of the brick or siding, gutters can be painted in various color schemes. One can choose among various types of micro-leaf guards with gutters. This is a cost-effective way to improve the curb appeal of your home.

5. Walkway: The first step to the property should be inviting enough so that you can quote a higher price for your home. Give a glamorous makeover to your walkway and install new paving stones, asphalt and concrete to raise the curb appeal of your home entrance.

Apart from the above-mentioned 5 economical means, some simple home remodeling ideas in Houston can make your day! How about giving focus to small details? The main thing is- how to set your home apart from others? The curb appeal could be enhanced by small things like giving a stone accent to your home foundation or offering an Aztek trim around the doors and windows.