Evaluating The Housing Market In Los Angeles

It’s undeniable that the best way to get a return on your home investment is to put it on the market. So, you must be wondering, “how do I sell my house fast for market value?” Unfortunately, the Los Angeles housing market is a tricky one to calculate. After a flat period, Los Angeles house sales have actually started to fall. Selling your house in tough housing markets may seem impossible, but houses sell every day. The key to successfully selling your house is evaluating the housing market in Los Angeles. We’ll help you navigate these waters quicker than you can google, “value of my house in the market!”

Get an Appraisal and Inspection for an Accurate Estimate

Before you begin evaluating the housing market in Los Angeles as a whole, you should start by worrying about how much your house is worth in the first place. To determine this, you are going to need an appraisal and an inspection.

Sure, you can look around your house and see that the walls need paint and the windows need to be updated. However, there is a litany of other things that you may have missed. That’s where the pros step in.

What Determines the Value of My House in the Market?

People who live in the same house tend to turn a blind eye to some of their home’s imperfections. We sort of get used to living in our own conditions and forget that others may find them unsuitable.

For instance, you might be able to live with that horrible rattle your central air system makes. However, replacing the system can be a deal-breaker for many potential buyers. Since you’d be advertising your central air as a feature with the house, this somewhat defective appliance can bring down the value of your house in the market.

Furthermore, the other houses in your neighborhood have a direct effect on the value of your house. If the home across the street sold under market value, then the market value dips a little to meet it. Now, the neighbor around the block sells below the new market value. It’s like grading on a curve. This snowball effect will only impact your house value further.

What Makes Selling Your House in Tough Housing Markets So Difficult?

There are other factors at play that might make you wonder, “can I really sell my house fast for market value?” Having a trained professional who is used to evaluating the housing market in Los Angeles is essential for knowing the true value of your home.

Los Angeles housing market professionals could give you an estimate of what your house would be worth if the market were to get healthier. That way, you can determine if it’s worth investing more money into the place and selling when the market is on the up.

They can also tell you how much it’d be worth right now if you were to sell it “as-is.” This number will give you a reliable estimate as to what your house could sell for. However, that doesn’t mean people are going to buy. After all, sales aren’t on the rise in the current market.

How to Go About Selling Your House in Tough Housing Markets

Houses sell every day. Truth of the matter is, your location plays a very big role. Unfortunately, you don’t have much control over this factor.

If someone is looking to move into the area, they want to make sure it’s prosperous for their career and children’s futures. So, if you live in a neighborhood where the school is getting good marks, employment is doing well, and there are happening restaurants and shops, you have a better chance. Selling your house in tough housing markets comes down to these little nuances.

Otherwise, you need to make your home the diamond in the rough. Clean up the exterior like it’s never looked before. Put a fresh coat of paint on fences, sheds, and trim. Speaking of trim, get the hedges in shape and be sure to cut the grass. Impressions are everything, especially when you are evaluating the housing market in Los Angeles.

How to Sell My House for Market Value?

The best way to sell your house fast for market value is to determine the market value and list your property a little above. Make the post as attractive as possible and be sure to crafty a catchy headline.

From there, make your house showroom-worthy. Be sure to remove any photographs of your family, the children’s’ drawings on the fridge, or monogrammed blanket on the couch. You want to create a blank canvas so potential buyers can paint a portrait in their minds of their families living in this property.

Also, accentuate the two things that most potential buyers are looking for — light and storage space. Open up all the windows, draw all the curtains, and turn on lights in every room. Bonus tip, give rooms a fresh coat of neutral paint. This action will make the room seem even more spacious. If you want a safe bet, go with white.

Now, make sure you draw attention to storage. Consolidate your clutter. Invest in multi-layered hangers so your clothes take up less room. Little tricks like this will tell potential buyers that there’s plenty of room to store their stuff.

Is Selling My House Fast for Market Value Hopeless?

It may seem that way. If you don’t have the time to wait for your house to sell, there are still options for you. You may not get market value, but you can still get a really good payout. Perhaps even more important, you will be relieved of your property and the accumulating debt that surrounds it.

Your best option for selling your house fast in the current Los Angeles housing market is to partner with We Get Properties. While time might not be on your side, it’s on ours. We’ve served Los Angeles for over 26 years. So, buying your house in this market is no problem for us. Our team members have seen the market bounce back before, and we’re sure we will see it happen again. Since we’re not going anywhere, we have the time to wait.

The reason we’ve been around for 26 years is that we offer fair and competitive payouts for your property. Just read any cash for houses reviews about us. Our team works swiftly, professionally, and sensitively. We’re here to help you, not take advantage of your situation. Get the most for your house in this current market. Chat with one of our team members today.