NEED TO SELL YOUR HOME IN SACRAMENTO?

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Sacramento is beautiful, and the city contains a variety of homes of different styles. Since the city and its metropolitan area are so large, there are some distinct lines between higher value and lower value properties. Half of homeowners will find it relatively easy to sell their Sacramento homes, while the other half may not find themselves as fortunate.

PROPERTY VALUES IN SACRAMENTO

The median value of all homes in Sacramento sits at $279,900. The top 5 neighborhoods alone exceed this value in their averages. The majority of homes in Sacramento are on the lower end of the spectrum, and the high value homes upset the balance to a significant degree. Sacramento is home to several affluent neighborhoods that do a good job of boosting the average, but sale prices above $280,000 are not typical in most areas of the city.

Sacramento is half modern and half dated in terms of homes. Old North Sacramento is full of dated construction that doesn’t completely mesh with the newer properties. This contributes to the lower value of homes in the original parts of town. East Sacramento is undoubtedly up to date in terms of home trends. Sacramento’s more luxurious properties are a bigger draw for buyers who are willing to pay a premium for recent construction.

CURRENT MARKET IN SACRAMENTO

The Sacramento housing market is just about average health. Less than 1% of homes are still struggling with post-collapse negative equity, and the market has been growing at over 5% per year. Home values have nearly doubled since the collapse, and are only projected to slowly accumulate more value. This is a good sign in terms of stability. The market is warm, edging on becoming a seller’s market. People want to buy homes in Sacramento, especially when the price is right.

Homes in Elmhurst, New Era Park, and around Winn Park Capital Avenue tend to sit on the market for the least amount of time. They’re affordable for the area while still upholding the standard that most discerning buyers set for their future homes. High priced homes in East Sacramento may sell a little slower, but they usually find the right buyer in a reasonable time-frame. With only 12.3% of homes selling at a price cut, it’s a good time to sell in these popular areas.

Homes outside of these neighborhoods may not fare as well. Subdivisions like Lemon Hill, Rio Linda, Florin, Rosemont, North Highlands, Parkway, Citrus Heights, and Rancho Cordova aren’t seeing too many sales. The low home values, sparse population density, and high unemployment rates in these neighborhoods work against homeowners looking to sell. This doesn’t mean these properties are impossible to move – they’re just a little more difficult to sell and require some out-of-the-box thinking.

Skyscrapers next to a river in Sacramento at sunset

Sacramento California

WHAT IF I CAN'T SELL MY HOUSE?

If you live in an undesirable subdivision or in an otherwise low value home, the market may not be doing you any favors. Sellers are generally doing well, but their superior performance is almost exclusively limited to better parts of town.

They’re doing so well that they’re keeping the market healthy all on their own, while homeowners outside of these areas are having a difficult time. Buyers looking to move to Sacramento are considering higher value homes first.

DOES YOUR HOME NEED REPAIRS?

If you’re having a difficult time selling your Sacramento home, it’s almost always because it hasn’t been renovated in a few decades. Buyers are looking for homes that are ready to move into, and are rarely looking to spend tens of thousands of dollars renovating a home before they can start unpacking.

If you have a stacked savings account, you may want to consider modernizing your property. Start with necessary repairs, and work your way up to cosmetic improvements. This undoubtedly a costly process, and it takes some time to complete.

AN ALTERNATIVE TO TRADITIONAL SALES

If you don’t have the budget to completely renovate and repair your home, you may feel as though your hands are tied. A halfway renovated home won’t dramatically increase in value, and you may not recover your investment during the sale of your home.

If this is the case, you can still sell your home – you’ll just need to find a buyer who is willing to take the home in its current condition. Oftentimes, home investors are eager to grab up these properties and perform necessary repairs and renovations with their own budgets

WHY USE AN INVESTOR?

Selling your home to an investor saves you a lot of time, and cuts a lot of out of pocket expenses you may face attempting to prepare your home for the traditional market. Investors purchase a home with the intention of modifying it, so they’re unlikely to care if a property is located in a subdivision with low value averages, or even if a property is significantly damaged. Investors make offers that reflect the amount of work that they intend to do to the home, so sellers aren’t obligated to spend exorbitant amounts of money they may not have.

Home Buyers USA would be thrilled to purchase your Sacramento home, no matter its location or condition. When you know you want to sell, contact us with information about your property.

We’ll be able to get back to you with a cash offer on your home and walk you through a quick sale process. It’s hard to compete with Sacramento’s luxurious homes, but that doesn’t mean you should be tied to the market forever. Let us help you out.

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3 STEPS TO GETTING STARTED

It really is as easy as 1, 2, 3. When you’re curious about working with us, it starts with getting in touch. In three steps, we can begin the process of purchasing your home.

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HOW WE KEEP THINGS SIMPLE

We want to inspire optimism in homeowners who have had a hard time trying to sell their properties. We do that by creating one of the simplest systems available. It’s a system that not only allows us to work with you, but to work for you. We’re committed to the successful sale of your home.

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