homes in sacramento
When you see Sacramento’s median housing price rose to $317,000 for April, you might wonder what you can buy for that and where can you buy it? Some of you might question whether we’re headed for a bubble, but that’s unlikely. Our median housing price was $374,000 at the height of the market in the summer of 2005. We’re a ways from that. Plus, lending is too restrictive now and many buyers are paying cash. If you’re thinking “bubble” forget those thoughts. Can’t blame the bubble.
Many Sacramento Realtors do not know we are prohibited from marketing Coming Soon listings that are in off-market status in MLS. We can’t do it. That means no signs with Coming Soon on the property, no blogs about it, no posting homes in Zillow or Facebook as Coming Soon listings. And then there are the agents who do know but don’t care. I’m not any of those agents. However, I do have Coming Soon listings from Sacramento to Lincoln that are not yet in MLS, which I bet you’d love to hear about.
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.
Selling homes in bad locations is one of my specialities as a Sacramento Realtor. Probably because almost every home, when you get right down to it, has a drawback of some sort, and a good sales person finds a way to make that drawback not look so terrible. I always look for the worst thing about a house so I can downplay it. If I don’t know what the worst thing is, believe you me, a buyer will undoubtedly find it and focus on it, and I’d rather beat the buyer to that punchline.
Address it head on and then draw attention elsewhere. Really accentuate the positive aspects. It’s not really that different of a strategy when selling homes in bad locations. Now, everybody has their own idea about what constitutes a bad location. Some sellers are surprised to hear they live in a bad location because they don’t see it that way. After living in the same place for years, the badness seems to become invisible. They become so used to it that it doesn’t exist anymore.
To give you an idea of the beauty of this home in South Land Park Estates: it’s the type of home that even if you weren’t thinking about selling your home and moving, you might consider buying this home. Not only is this home a mid-century home, but it was built by the modernist architect Yamasaki. This home has been in the family for decades. As such, it is simply impeccable. Very well maintained.
The neighborhood is South Land Park Estates, and the home sits about two blocks from William Land Park. It is almost kitty corner from the Sacramento Zoo, tucked away and sequestered near Capri and Sutterville. Sometimes at night, if you open the windows on a hot summer day, you might hear the distant sounds of lions roaring, the trumping of elephants and monkeys chattering in a quiet evening breeze.