Selling a Home with Land in Houston: What to Know

Selling a home with land in Houston is indeed a unique experience, hence, it requires a different approach than selling a standard house. 

Now, we can all agree that Houston’s real estate market is booming, with plenty of demand for properties that offer extra acreage. So, whether you own a small lot or a larger piece of land, you need to understand how to market and price your property - and this blog post will help you do just that!

Understand the value of your land

The value of a home with land in Houston can vary greatly depending on several factors like location, land size, and the potential development in the future. 

Here are some things you need to consider:

• Location: Land closer to downtown Houston or in desirable neighborhoods can fetch a higher price than land in suburban or rural areas.
• Zoning: Land can be zoned for residential, commercial, agricultural, or mixed use, which directly affects its value and who might be interested in buying it. You can read more about Houston zoning here. 
• Size of the land: Obviously, larger lots can sell for higher prices, but the use of it will always play a role. For example, land that can be subdivided into multiple plots can attract developers.

Example of Houston land value:

Highlight the benefits of your land

When marketing your home, you’ll want to emphasize the benefits of owning a property with land. Some key selling points include:

Privacy and Space: Many buyers value having extra space and privacy, especially in a large city like Houston where smaller lots are more common.

Potential for Development: If the land can be subdivided or developed, this can attract developers or investors.

Versatility: Highlight any unique features of the land such as gardens, barns, or even the potential for farming. The more uses a buyer can see for the land, the more attractive the property becomes.

Research Houston's Real Estate Market

Houston is one of the fastest-growing cities in the U.S., and demand for land is on the rise.

Here are some key trends to consider:

Houston's home prices have increased by about 7% over the last year, while land values have also seen a jump. The average home in Houston sells for around $400,000, but properties with land can command higher prices depending on their location and potential use.

As more people move to Houston, the demand for larger homes and properties is growing, especially in suburban areas where space is more affordable.

Prepare your property for Sale

Selling a home with land involves preparing both the house and the land to appeal to potential buyers.

Here are some steps you can take:

Ensure the house is in good condition by fixing any visible problems. This includes both the home and any structures on the land, such as sheds, barns, or fences.

Clear any debris, mow the grass, and make the property look well-maintained. This creates a good first impression and makes it easier for buyers to imagine how they could use the space.

Have clear documentation of the property’s boundaries, zoning details, and any restrictions on the land. Buyers will want to know what they can and cannot do with the land before purchasing.

• Compare Recent Sales: Look at homes with similar amounts of land that have sold recently in your area. This will give you a better idea of what buyers are willing to pay.
  
• Work with a Realtor: A real estate agent who specializes in homes with land can help you determine a fair price based on the current market.

Final Thoughts

Selling a home with land in Houston requires a bit of extra effort, but the rewards can be well worth it. After all, that's money on your hands - right?

More so, don’t hesitate to reach out to a realtor with experience in land sales to guide you through the process. Whether you're targeting developers or families looking for extra space, there's a buyer out there who’s ready to make your property their next big investment.