Alvin Property Management
What Does a Property Manager in Alvin do for Property Owners?
Property management involves the overseeing and maintenance of a property, typically a rental property. A property manager is responsible for tasks such as finding tenants, collecting rent, handling maintenance and repair issues, and ensuring compliance with local laws and regulations. They may also handle financial tasks such as budgeting and bookkeeping.
The benefits of hiring a professional property manager include the alleviation of stress and time commitment for the property owner, as well as expertise in rental laws and market trends.
However, it is important to conduct thorough research and interview potential property managers before hiring them, as they will have a significant impact on the success of your rental property.
Once a property manager has been hired, it is important to establish clear communication and expectations. Discuss the current state of the property and any issues that may arise. Keep open lines of communication for both parties to easily address concerns or provide updates. Trust your property manager to handle day-to-day tasks.
Maintaining your Alvin Investment Property
Hiring us as your Alvin property management company can help you take away the stress of maintaining your property, by:
– Develop a preventative maintenance plan and schedule regular inspections
– Keep up with necessary repairs and replacements
– Communicate regularly and clearly with tenants
– Stay current on rental laws and regulations
– Stay organized with financial records and budgeting
– Consider investing in technology for property management, such as online rent payment
FAQs about Property Management
– How do I choose a property manager?
It is important to conduct thorough research on potential property managers and interview multiple candidates. Look for someone with experience and credibility in the industry, as well as clear communication and attentiveness to your needs.
– Can I handle property management myself?
While it is possible for a property owner to handle management tasks on their own, it may be more time-consuming and potentially stressful. Hiring a professional property manager can alleviate these responsibilities and provide expertise in the industry.
– How much does property management cost?
Property management fees typically range from 5-10% of the monthly rent collected, though this can vary depending on the services provided and the rental market.
Alvin, TX Real Estate Market
Inventory of homes for sale in between September 2022 and October 2022 increased by 10%.
The average time on the market in October 2022 was 13 days,
the median list price was $254,000.
Market listing prices overall recently went down:
- the cost of 1 bedroom properties went down by 26.8%, inventory did not change
- 2 bedrooms properties prices increased by 10.6%, volume of 2 bedrooms homes went down by 20%
- prices of 3 bedrooms properties increased by 11.2%, volume of 3 bedrooms homes went up by 14%
- the cost of 4 bedrooms properties went up by 12.6%, volume increased 8.7%
- prices of 5 bedrooms properties went up by 23.2%, number of 5 bedrooms homes remained the same
*This information is based on Houston REALTORS® Information Service for the period 11/01/2020 – 11/01/2022
On average, there are between 350-415 properties for sale in Alvin.
The Alvin housing market is very competitive with the average sale price of a home in Alvin at $265K, up 2.5% since last year. The average sale price per square foot in Alvin is $144, up 5.9% since last year.
Many homes get multiple offers, some with waived contingencies. The average homes sell for about 2% below list price and go pending in around 14 days. The top properties can sell for about list price and be pending in around 7 days.
If you are a buyer looking to purchase a property in Alvin, contact us here for a free Comprehensive Market Analysis (CMA) or a first time buyer call to get you started in the right direction.
If you have a home in Alvin, TX for sale, consider contacting us for a free Home Value Report.
About Alvin, TX
Alvin is located just twenty five miles southeast of Houston in northeast Brazoria County. The city is located on land originally granted to the Houston Tap and Brazoria Railroad. Alvin is home to 26,474 residents and has much to offer its citizens and visitors.
Alvin is home to many elementary schools, eight junior high and four senior high schools. In addition, the city is home to Alvin Community College and provides basic undergraduate courses along with continuing adult education.
One of Alvin’s most notable citizens is Nolan Ryan, Hall of fame Major League Baseball pitcher who grew up in Alvin.
Relax and rest easy, you are in good hands with Prestige.
Learn more about our property management services, REALTOR referral program, or getting help with buying and selling your property.
We provide professional real estate and property management services in several areas throughout Harris County, Galveston County, and Brazoria County.
At Prestige, we provide proactive property management services for investors and property owners. It is our mission to keep expenses low and income high.
As a local owned and operated company, we take pride in what we do. We value our clients and strive to enhance the quality and value of their real estate.
We oversee your investment and provide increased value to you as a property owner. Whether you are buying, selling, investing…we give you the best of our experience and expertise in the market.
Alvin Property Management and Home Sales
We provide professional real estate services for buyers and sellers, as well as residential property management, specializing in Houston areas, Brazoria and Galveston Bay areas – including Alvin, Texas
We take the worry out of owning single family and multi-unit residential properties, with customized property management services backed by professionalism, knowledge and experience.
With a strong team of experienced professionals, we have the skill to help you buy or sell a home, find a place to live, or expertly manage your residential rental property. In addition to residential real estate, we specialize in managing multi-family units as well as individual rental properties in:
- Harris County (south)
- Brazoria County
- Galveston County