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Updated 11 months ago on . Most recent reply

User Stats

78
Posts
42
Votes
Wai Chan
  • Rental Property Investor
  • San Diego, CA
42
Votes |
78
Posts

Selling a single family house in Plano, need some market insight

Wai Chan
  • Rental Property Investor
  • San Diego, CA
Posted

I am planning to sell my single family house in Plano 75075. It was my rental property but I have decided to cash out when tenant moved out last month. The cost to maintain the house (property tax, insurance, repair) is getting higher and higher. I looked at a lot of market data in Redfin and feel like it is now a good time to cash out but I want to hear feedback from agents/investors who look at deal in this area everyday. Is it a good time to sell? Is the supply still low and demand still high with the high interest rate? The house is a 3 bedroom/2 bathroom, ~2000 sq ft and closed to the Plano Senior High School. Planning to do some renovation before selling. Any real-time market insight on Plano is appreciated! Thanks.

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