Top 5 Things That Can Lower Your San Gabriel Home Value
Sometimes you can make upgrades and changes to your home that negatively affect your home value. Even if you are in a market that is in high demand, like San Gabriel. Knowing how to avoid these mistakes could save you buckets of money when it comes time to selling. So whether you are just doing some research, or you have plans to sell soon, make sure to remember these 5 things that can lower your San Gabriel Home Value.
Introduction
San Gabriel Ca is at the heart of the San Gabriel Valley, most notably, the ‘626’ area. It is known for it’s diverse food culture, and the ever growing list of boba spots! The city offers a wide range of home varieties, however locals have come to love the vintage look of Spanish style Missionary homes.
North San Gabriel is considered a luxury neighborhood and often the target of most homebuyers. This neighborhood offers tranquility, solace, and quiet neighborhood to raise a family. The residents share a bond of community with one another, which can be shown by the amount of block parties frequently held. It borders Temple City and San Marino, two of the most luxury cities in the SGV.
Central San Gabriel is home to more affordable and modern style homes. The best area for younger couples starting their careers and looking for a way into homeownership. Arguably, central San Gabriel has the best walkability out of all the areas in SG. This is due to being close to Valley Blvd, a center hub of food and late night dining. Central San Gabriel is for those who enjoy a fast pace lifestyle, mixed in with pride of ownership.
Finally South San Gabriel is almost a mix of both! Next to Alhambra and Monterey Park, this area closely resembles central San Gabriel. Nothing to scoff at, but nothing much else to note. If you like Central San Gabriel, chances are you’ll love South San Gabriel as well!
Top 5 Things That'll Lower Your San Gabriel Home Value...
1) Carpet
This may come as a shocker to you. You may have had a carpet that you’ve lived on for the majority of your life, and you might even take well care of it. The hard truth it, most buyers don’t care for a carpet, especially a used one.
Often times carpet is a very personal choice, regardless of the patterns or shade of color. Most of the time they aren’t the most well kept. They stain easily, hold a lot of dust, and can be musty at times.
Buyers want to buy something they can move in to. Carpet is not that. The best option, and the much safer option, is to replace any carpet in the home with hardwood flooring. It’s very rare for buyers in San Gabriel to ever complain about new hardwood flooring!
2) Unpermitted Work
Unpermitted work can actually make your home unlendable. Forget losing your San Gabriel home value, it may make your home undesirable and unable to sell.
This is because some appraisers will ask questions when they spot any work that may be unpermitted. Depending on how strict the appraiser is, the lender may end up requiring you to get retro-permits, undo the addition, or cause escrow to fall through altogether. NOTE, that all cash offers bypass any checks on unpermitted work, since no appraisers will be coming to the property.
While doing work without permits seems efficient, easy, and less of a hassle. If you have plans to eventually sell, it can ruin everything.
3) Colorful or decorated wall paints
Personal wall colors on your home are not attractive to the majority of buyers. Its your home and yours to personalize, but when it comes to selling, neutral tones and colors are best.
If you have colorful walls, flooring, or anything really, consider repainting to a neutral color.
It may seem boring and devoid of life, but I promise it’ll help your home sell faster and for more potentially!
4) Strong Odors
This can come from pets or smoking. Needless to say, cleanliness and odor are a big part of the buyer experience when they tour your home.
Strong odors will ruin your chances of leaving a good impression, thus indirectly lowering your home value.
Consider using scented candles or diffusers to help with the smells.
5) Overly personal Add-ons
This could be anything, pictures of families, unique paintings, or even cultural statues. Just like the colorful walls, it’s great to personalize your home, but buyers want a blank slate to imagine themselves in your home.
Give them the opportunity to picture how they would decorate your home, because it’s going to be theirs soon!
FAQs
Could Busy Streets Lower my San Gabriel Home Value?
Yes, depending on how busy the street is, noisy streets tend to lower home value because of noise, solicitors, and parking limitations.
What Upgrades don't add value to the home?
There are a ton of upgrades that don’t add value to the home, but all renovations that won’t add value are all personal add ons. Try to keep upgrades as broad and generalized as possible.
Is San Gabriel a Sellers or Buyers Market?
San Gabriel is definitely a sellers market. However, North San Gabriel is arguably the neighborhood that has the highest demand for buyers. Meaning more bidding wars and faster home sales in that area!
📍 Final Thoughts from a Local Realtor
It’s easy to sell your home in San Gabriel, I’m sure there are plenty of buyers for you.
The tricky part is getting the most amount of money for your home, and not leaving anything on the table.
That’s where local expertise comes in!
Have questions about specific neighborhoods, I’d love to help.
