Canadian Shocked By Texas Homes- “What’s The Catch?”

Benzinga

A Canadian homebuyer was stunned by the low prices of gorgeous homes in Texas — but Texans had a reality check waiting. From sky-high property taxes to insurance nightmares and hidden flood damage, this video unpacks why homes in the Lone Star State look like a dream on Zillow... but might come with a few serious trade-offs. Is the affordability real, or is it just the surface price?

Transcript

00:00A baffled Canadian saw Texas Homes and said,

00:02How is this gorgeous house the same price as a rundown two-bedroom in Ontario?

00:07He wasn't alone.

00:08Texas Homes averaged around $306,000, nearly $61,000 cheaper than the U.S. average.

00:15In cities like Houston and San Antonio, new builds under $300,000 are still possible.

00:20A dream compared to Toronto or Vancouver.

00:23But Reddit, of course, had thoughts.

00:25Texans quickly answered with answers like high property taxes or skyrocketing insurance premiums,

00:31undisclosed flood history, and, of course, extreme weather.

00:34One person summed it up saying, quote,

00:36That cheap home probably flooded in Harvey and no one will tell you.

00:40So, yes, Texas will offer some big homes for less.

00:43But between hailstorms, healthcare costs, and political culture shock,

00:46you might want to ask yourself, can you handle the real price of that low sticker?

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