Check out the details of this condo on our website for Long Beach…its at 1775 Ohio # 414 for $239,000…a 3 bedroom plus a loft with 2 bathrooms and over 1200 square feet. Find out why it is still on the market as a BANK REPO… http://www.redwagonteam.com/Long-Beach-real-estate-tour-1775-Ohio.htm
Shopping for a condo in the Long Beach real estate market is easy now a days. Here are the average listed prices for Long Beach condos:
On December 14th, 2007, there were 3,107 listings in the city of Long Beach.�
The number has gone down.
So, how many properties are for sale in the city of Long Beach as of today? Inquiring minds want to know….well we need some super secret investigating (okay not so secret but sounded good) and found the following:
| Residential Listings | |
| Single Family Homes (1235) | |
| Condo/Townhome (678) | |
| Manufactured/Mobile Home (26) | |
| Rental/Leased (127) | |
| Investment Opportunities | |
| Residential Income (497) | |
| Land | |
| Lots/Land (23) | |
| Commercial | |
| Business (40) | |
| Commercial (63) | |
There are 2,669 properteries for available. There are many great buys in the city. We just showed one of our buyers a condo conversion in Long Beach. It was a 2 bedroom, 2 bath condo for $259,000.
It’s all about the price in 2008 in the Long Beach real estate market is focused on price. Every buyer wants a deal and every seller wants to get the most money
for their home. So the question is what is the real value of your home? “Should I list the home for more than it is work to pad it for negotiating or priced it at the current market value or below?”
Determining the value takes many factors into consideration including location, condition and size of the home by square footage. Let’s examine each one in detail. Where is the home located in the city of Long Beach, CA? Your home’s location and setting influence its value. A home inside a quiet subdivision sells for more than the identical home on a busy street.Remote areas typically sell for less than closed-in areas. Views, streams and trees enhance value. You obviously have no control over location.
The Condition of Your Home in the Eyes of a Home Buyer
New homes enjoy a marketing edge over resale homes because they are shiny and clean. And builders enhance their appeal by offering model homes (clean, bright, decorated in current colors and amenities) for buyers to examine. Get your camera. Go out to the front of your Long Beach home and take pictures. Then, print them out if you have a digital camera.
Look at your home through the buyer’s eyes…perhaps adding some landscaping to the front yard, moving the lawn a little more or trimming
the trees will make it more appealing to a home buyer.
According to the National Association of Realtors®, 92% of all homes are sold…from the CURB. Curb appeal is critical part of selling your home. Take a few minutes to take photos inside too. Your goal is to make your home look like a model home as much as possible. We have a professional home stager on staff that can give you some pointers and tips to making your home standout from the competition. You have complete control over condition.
You can increase value and decrease marketing time by being sure your property is in the best possible condition.
There is a difference…if your own a home, then the appraiser, sent out to your property from the buyer’s bank during escrow, will search for comparable properties to yours in the same neighborhood with a similar square footage of 100 square below and 100 square feet above your actual square footage. Now, this measurement does not include the garage. They only includes the living space.
If you own a Long Beach condo, then the appraiser will do the same square footage search but his or her focus are recent sales in your condominium building not the neighborhood.
Pricing Tips to Consider
If IBM stock is trading between 104 and 108, it does no good to insist on selling at 112. Likewise, your home must be priced within the appropriate range. You must actually “sell” your property 3 times: first to Agents representing buyers (65% of all homes sold are sold by an Agent from another real estate firm), second to the buyer and third to the appraiser. Now, the buyer is more subjective and compares the amenities of your home to those of other homes in the same price range. The appraiser is more objective and compares age, size and cost identifiable features in your home against other properties that have sold to determine value for the bank.We will provide you with a price range for you to choose the best listing price…..Stay tuned for Part 2 on Pricing Your Home to Sell
Imagine waking up in the morning and walking to the local coffee shop…then down to the beach to relax on the sand and think about new ideas, friends, family and other things. Now you can if you make 282 Redondo Avenue in Long Beach Ca condo your own. This two bedroom, two bath condo has many features that might work for you. Go to Long Beach condos for more…
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