Housing prices in San Diego are on the rise again. With low levels of inventory on the market, buyers are becoming significantly more competitive than they have been in recent years. Oftentimes, sellers are receiving multiple offers on their property, all above the listing price. The San Diego real estate scene has increasingly become a cash-buyer's market in recent months, so it is no surprise that many homeowners are realizing that this is an ideal time to sell.
If you are thinking about selling your home, no matter where in southern California you are, these four tips will help you maximize the gains from your property.
1. Stop Buyers from Simply Driving By
When it comes to real estate, first impressions are everything. Many times, potential buyers will knock a property off of their lists without even going inside if their initial drive-by is unpleasant. Try driving by your home yourself and observing every little detail of it from the road. Another solid plan is to ask friends who can give you an impartial opinion of things that could be done to improve your home's aesthetics.
Many times, lawn care and proper maintenance of your home's exterior can make a big different in the initial opinion of buyers. Getting excitement building up from the first second buyers see your home is crucial to maximizing their offering price and determination to purchase your property.
2. Brighten Up the Atmosphere
Brightening up your home's interior can make it feel significantly more spacious and open. A dull, dimly-lit property is often also associated with a somber, relaxed mood and is counter-productive to the idea of getting buyers excited about your house. Try to use natural lighting as much as possible by as keeping curtains open to allow sunlight to flow in. When needed, use light bulbs which efficiently reproduce natural light so that even rooms with little outside exposure can feel vibrant and detailed.
3. Bathrooms and Kitchens Make the Biggest Impact
If you want to get the highest offers that San Diego buyers are willing to pay, then be sure to pay extra attention to your kitchen and bathrooms. These are the rooms that are the most closely scrutinized by the majority of people looking to purchase a home. Having an outdated bathroom or antiquated appliances can mean buyers offering much less for your property because they are taking into account the cost (often higher than needed) that they will face in upgrading these rooms.
While it is not always vital to completely remodel your kitchen or bathrooms, making small changes can pay big returns during the sale of your home. Making sure the rooms are cleaned thoroughly is a must, and replacing features such as faucets and handles will go a long way towards making your home feel much more modern and up-to-date.
4. Make the House Feel Like a Blank Canvas
No matter how good of taste you have in decorating your home, not everyone will feel the same way about your ideas. When it comes to selling your property, it is time to use moderation in the area of the personalization of your house. By leaving you're the interior with natural wall colors and a neutral design, potential buyers are much more likely to be able to visualize themselves living in your home.
With the market scorching hot thanks to a diminished inventory of homes, San Diego property values are on the rise. Because of the buying frenzy, now may be the right time to sell your property. Even with buyers competing over new homes on the market, paying attention to a few small aspects of your home can raise the value of your property by tens of thousands of dollars. If the current market activity has you wanting to find out what your San Diego house is worth, take a quick stop by our Property Value Calculator estimator.