How to Find Value in LA? We Do the Digging for You.
Los Angeles is a competitive market loaded with unique properties, emerging neighborhoods and many homes that need some TLC. There are enough variables to overwhelm even the most seasoned house hunter, so we'll do the digging for you and guide you towards and successful purchase in a market you may not have thought possible! In a marketplace loaded with unique properties, locations and prices, there are enough potential variables to make your head spin. I will always be on hand to help identify the right options to meet your needs and budget. This may even include seeking out options that others may ignore.
Below are some tips to finding the best home for you:
CONSIDER AN IMPROVING NEIGHBORHOOD
Los Angeles’ neighborhoods have evolved over the years, many going from shabby to chic. Changes in city planning, transportation and construction can all signal changes to a neighborhood. Early entrants into improving neighborhoods can be rewarded for taking a chance.
CONSIDER A COSMETIC FIXER
Many buyers shy away from cosmetically unattractive properties (which is why the home staging industry is booming). However, an ugly duckling can often become swan-like with simple and inexpensive enhancements. You may experience lasting value by repainting, removing carpets to reveal hardwoods, or making other sensible changes.
CONSIDER A ‘MAJOR’ DEFECT
Disadvantaged properties are less likely to receive multiple offers or bids over the asking price. If repairs and related costs are reasonable, and you are willing to commit to a renovation project, this type of property may be a great option. Cost-effective repairs can reap major benefits when it comes time to sell. While some defects are incurable (like location), they may not affect your enjoyment of a property.