Ever wonder why some properties sell better than others despite having the same features and amenities? Of course, there are a number of factors that affect a home’s value, but one of the most significant factors, without a doubt, is location. In fact, you might have even heard a few of your local real estate agents chanting “location, location, location” in the middle of open houses.
But what exactly does this mantra mean? It’s simple and straightforward—it puts emphasis on the location of the property. Of course, how “good” a location is may vary from person to person, especially if their wants and needs in a home greatly differ, but there are quite a number of objective factors that can determine a property’s value.
For instance, if your property is in a bad neighborhood in Los Angeles, you can’t expect to have top bill offers for your home. After all, people aren’t running over themselves to live in what is considered a “bad neighborhood.” But what exactly constitutes a bad neighborhood? This, too, can vary from one agent to the next, but a bad neighborhood is generally understood as a neighborhood where the crime rate is high and illegal activities abound. In less dire circumstances, a bad neighborhood can also refer to a place where there are a lot of boarded-up or dilapidated properties.
On the other hand, living in a good neighborhood means the houses in that area are sought-after. If your property is situated in a good neighborhood, you can expect top bill offers for your home. A good neighborhood is generally characterized as a neighborhood with a low crime rate, urban developments, good school districts, and amicable neighbors. Homes that are situated in a neighborhood that’s accessible to a wide number of amenities are also considered to be in “good neighborhoods.”
After reading all of this, what if you’ve realized you live in a bad neighborhood? You’re probably thinking, how can I sell my home in a bad neighborhood in LA? Well, you’ve come to the right place! Here at Inhouse Offer we’ll tell you a few tips you can try to get the best deals on your property despite being in a “bad neighborhood.”
Tips For Selling A Home In A Bad Neighborhood
Highlight Curb Appeal.
How your home looks from the street, also known as curb appeal, is your only chance to make a good first impression. Your home’s exterior should make a potential buyer want to walk through your front door to check the rest of the property out.
You can achieve this by investing in landscaping services to improve your lawn. A great front yard can make all the difference in a sale. Since you can’t really do anything about your property’s location, you might as well highlight it’s curb appeal.
Price Accordingly.
Just because you live in a bad neighborhood doesn’t mean you have to price your home below the fair market value. It’s important to do a little research on the values of the homes in your area and price accordingly. However, you should also keep in mind that you can’t go overboard with pricing your home. One tactic that you can employ to appeal to buyers is to start with a competitive price. If you’ve spent some resources on home upgrades or renovations, highlight that in your home’s listing page to attract more buyers. For the right buyer, a turnkey home is more valuable than a prime zip code.
Appeal To Your Audience.
It certainly helps to have a target audience you’re appealing to when preparing to sell your home. Are you trying to appeal to families? Then highlighting nearby schools or parks might entice your buyers. Or maybe you’re looking to attract singles or couples? Then highlight how your property is only a stone’s throw away from essential establishments. Scout the neighborhood for any positive aspects that you could focus on. Think of innovative ways you can turn your area’s weaknesses into strengths.
However, if you’d rather not go through the hassle of looking for the right angle to sell your home, you can always choose to sell to a direct home buyer.
Ready To Sell?
Selling to a cash buyer or investor is another way to skip the renovations, and even bypass the listing process itself. With Inhouse Offer, we’ll buy your house directly, in cash. If you’re thinking, “I want someone to buy my house fast in Los Angeles,” then selling your home to a direct home buyer like Inhouse Offer is the right move.
Here at Inhouse Offer, we buy houses for cash regardless of the condition. You don’t have to shell out money to cover renovations and repairs as we buy your home as is. When you choose us as your home buyer, you can expect us to provide you with the best cash offer for your home and ensure a quick, painless close. At Inhouse Offer we buy houses on your terms.
You can either take a step forward into your new life by accepting our fair cash offer, or take your chances with the long arduous process of traditional home selling. To find out more about our quick selling process in Los Angeles, CA, give us a call today at: (951) 824-6730.
