fixer homes sacramento
People see how fast an agent can put a home pending (into escrow) in Sacramento and they often make the mistake of thinking that selling Sacramento real estate must be a piece of cake, when little is further from the truth. I’ve been working on this listing for the past 6 1/2 weeks. There were a lot of moving parts, many circumstances and unforeseen situations, some out-of-state, some in the city, and it all had to come together. On top of this, I revised my comparative market analysis almost daily to arrive at the perfect listing price.
Here is the house that investors and flippers have been waiting for: a Sacramento fixer home for sale in Rosemont. They say the biggest problem with opportunity is few recognize opportunity when opportunity comes knocking. Or they expect opportunity to change her clothes, lose weight, color her hair or somehow make herself more attractive when she’s beautiful just the way she is. In other words, a buyer doesn’t have to grind out every last dime in a transaction to make it worthwhile.
There is plenty of room in this sales price to do improvements and eventually sell the home to a first-time home buyer, if that’s your cup of tea. Or, you can buy the home for yourself, fix it up and live in it. As long as you’re able to tackle a Sacramento fixer home, have the rehab know-how, then knock yourself out. This is the home for you. The prices in that neighborhood are in the upper 200’s and lower 300’s. This 1963 Sacramento fixer home is listed at $245,000.
My new listing is a fixer home for sale in West Sacramento. I have not inspected this home since April of last year, so its condition is unknown, and we have tried to price it accordingly. The price should make up for any unexpected surprises. I’ve been told that when the previous occupants moved out, they broke a few things and squatters might have moved in. I even listed the occupant’s name as Squatters and the phone number as 9-1-1 in MLS, yet agents still email this Sacramento Realtor to ask if they can use conventional financing and ask when they can show it.
For those who have an eye for rehabs or want to remodel a Wilhaggin fixer home into a dream home, this is your opportunity calling. There are so many different types of buyers for this home, which are you? Do you want to flip a home? This home is listed at $399,000, and fixed up it could be worth in the neighborhood of $600,000, based on comparable sales of homes in this highly desirable community.
Do you want more square footage than its present size of 1,559, per the Sacramento County Assessor’s office? The lot is .25 acres, so it’s plenty big enough to expand. You could probably build a larger home or add-on to this home. Some of the homeowners in the area have added second floors, increasing square footage to over 3,000 square feet. There have been two sales on Cortlandt in 2012 and 2015 at more than a million dollars.
This Sacramento triplex fixer is finally on the market. The poor seller has been hounded by “well meaning” neighbors asking if they could buy the property, but the seller instead elected to list the triplex with a top Sacramento Realtor working at the top real estate brokerage in Sacramento. You know the name of Lyon Real Estate. You see our signs everywhere.
With nearby duplexes selling in the $220,000 range, imagine what you can do with a triplex for $200,000! It already has 3 meters from SMUD installed.