Austin has seen excellent price appreciation over the last few years. As a result many homeowners have decided to move up to a larger home and lease their current home. Before making that decision it’s good to have an understanding of what it costs to rent a home so you can make an informed decision about your property.

Renting a home is more than just multiplying the expected rent by 12 months. Here are some of the expenses you may incur if you decide to rent your home.

As always you should consult with your own tax and financial advisors. 

Opportunity Cost 

Perhaps the biggest expense of leasing your home isn’t something you have considered. Opportunity cost means by making one choice you can’t do something else. Not selling your home means…

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Single-family home sales declined across most of the Austin-Round Rock Metropolitan Statistical Area (MSA) in September, while inventory levels continued to increase, according to the September 2017 Central Texas Housing Market Report released today by the Austin Board of REALTORS®.

Brandy Guthrie, 2017 President of the Austin Board of REALTORS­® commented, “Despite last month’s dip in home sales activity, it’s important to remember that we’re comparing our current figures to the record-breaking housing market activity in 2016 and it’s not necessarily indicative of a downturn.”

Lawrence Yun, Chief Economist and Senior Vice President of Research at the National Association of REALTORS®, agreed: “Austin has had one of the fastest job growth…

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Nessy is 7 years and 3 months, white/chocolate mixed breed, and weighs 95 lbs. She’s a big gal and needs the room to spread out on a comfy bed, and of course in your heart. Her size may be intimidating but she’s sweet as a dog can be. Nessy enjoys playing in the back yard, belly rubs, and pool time.

Nessy is currently available to adopt at the Texas Humane Heroes in Leander, TX.

Leander Adoption Center
10930 E. Crystal Falls Parkway Leander, Texas 78641
(512) 260-3602
https://humaneheroes.org/

If you are interested in adopting Nessy, Kopa Real Estate will pay for the adoption fees with an approved application.  Call (512) 791-7473 for more information.

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