5 Things to Know about Buying a New Home in Katy, TX
Buying a home in Katy, TX is an exciting experience that can reap big rewards. The housing market is always changing, which is why it’s important to research the latest trends and recent events before deciding which neighborhood will work best for your family. If you’re thinking of buying a new home in Katy here are five things you need to know.
1. There Are Three Counties in Katy
Most cities fall within just one county, but in Katy there are three – Harris, Fort Bend and Waller. This can have a bearing on your property taxes so it’s important to know within which county a home is.
2. Homes Here Tend to be Large
In real estate, bigger usually means better, and that’s exactly what you’ll find in Katy. The Houston Association of Realtors (HAR) has estimated that the median square footage of Katy homes is just under 3,000 square feet like the ones found in communities like Roesner Woods.
3. A New Home Will Be Less Expensive to Power
In south Texas, energy costs eat into the monthly budget. A new home comes with added benefits, and one of the biggest advantages is improved energy efficiency. Even though new homes are larger on average they typically have slightly lower electricity bills.
4. Fall and Winter is the Best Time for Buyers
Spring and summer have been seller’s market seasons, but as the weather cools off so does the buyer competition. Home builders like Sitterle Homes are also motivated to sell move-in ready homes before the end of the year.
5. Buying Will Be Easier Than Finding a Home for Rent
If you’re after a single-family home you’ll have many more options when buying compared to renting. Homes for sale outnumber homes for rent by about 3:1.