Does a Double Yellow Line Make it Harder to Sell Your Houston Home?
How much does a busy street affect your home value when it’s time to sell? Experts estimate that houses on high-traffic roads can be valued 30% less than those on quiet cul-de-sacs. But even if you live on a busy street, you can still sell your Houston home with these handy tips.
How Much Do Houston Home Buyers Worry About Traffic?
You may have trouble finding a buyer if the road outside your front door has a double yellow line. Because these high-traffic roads have greater speed limits than residential neighborhoods, they can seem like a threat to pets and kids playing outside.
Unfortunately, being located on any kind of busy road means that your house may sit on the market longer and bring in a lower asking price.
Most buyers aren’t interested in hearing the constant sound of cars whizzing past, punctuated by occasional horns or sirens. They worry about parking hassles, and how difficult it will be to get in and out of the driveway.
Is Your Houston Home Located Near a Major Highway?
Houston commuters spend an excruciating 74 hours stuck in traffic every year, according to a 2016 INRIX traffic study. When it comes to traffic congestion, Houston ranks as the fourth worst city in the nation, behind only San Francisco, Washington D.C., and Los Angeles.
Which routes suffer from the most troublesome traffic? Here are the 10 worst offenders in Houston:
- I-610 from US-290, Exit 12 to Yale St (4.1 miles)
- I-45 from Telephone Rd/Tellepsen St to I-610, Exit 40 (3.4 miles)
- I-45 from Airline Dr, Exit 53 to Cavalcade St, Exit 50 (3.6 miles)
- I-10 from Patterson St, Exit 765B to McKee St (4.3 miles)
- I-45 from Scarsdale Blvd, Exit 31 to FM-2351, Exit 29 (3.2 miles)
- US-59 from Buffalo Speedway to I-610 South (3.0 miles)
- TX-288 from Beltway 8 to Orem Dr (3.2 miles)
- I-45 from TX-105, Exit 87 to League Line Rd, Exit 91 (6.7 miles)
- US-290 from Huffmeister Rd to West Rd (4.5 miles)
- I-610 from Woodway Dr, Exit 10 to Beechnut St, Exit 5 (6.5 miles)
Live on Houston’s Busy Streets? 6 Tips to Sell Your Home
Even if the volume of traffic going past your house is relatively low, buyers will imagine a traffic nightmare is waiting just beyond the driveway. Follow these tips to minimize the “double yellow line” effect:
- Build a privacy fence or plant a hedge to help block the view of the road.
- Install decorative window treatments to draw attention away from the traffic outside.
- Make outdoor improvements on the opposite side of the house from the street. Add a paved patio, flower bed, wood deck, etc.
- When listing the home for sale, emphasize the most appealing amenities. Focus on what attracted you to the house originally.
- Offer the busy street as a benefit: shorter commute, closer to shopping, near downtown, etc.
- Be realistic about the asking price. Look for comps situated on similar high-traffic roads.
Before you spend money on home-improvements, call a real estate investor such as HomeVestors and find out if you can get an offer for your home. That way, you can find a buyer faster, avoid the expense of staging your home, and sell your house for cash – no matter what kind of road you’re on.
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