Part 1: A Lot to Think About... 🌊
Updated: Nov 3
Move-Up Buyers Are Getting Creative in #pacificacalifornia
PART 1
👀 (next week: stay tuned for Part 2 for my personal favorite 🖤 of these 3 creative move-up solutions without doing a Sell/Buy right now...)
__________
Between the underwhelming inventory and the reluctance to jump into the current interest rate pool, I've noticed some trending creative solutions my move-up buyers are taking to scratch that upsize itch until the market is more favorable toward a Sell/Buy transaction.
🛠 More Remodels & Additions
I've been getting a lot of calls from clients considering remodeling their current homes (some of you have already started!). This is a great solution to solve the need for more space and improve your home's value while we wait for a more advantageous Sell/Buy environment.
One downside is living in your current home while it's under construction. It's not for the faint of heart... but it can be done! My wife and I lived in our basement for 4 years while we undertook an entire remodel during Covid none-the-less.
Alternatively, if you're a little less adventurous, renting during construction is a highly advised option. (And if you're ready now, there's an immaculate 3bd/3ba/1,700sf townhouse for rent in West Sharp Park here.)
👉 For those of you considering additions/remodels, always feel free to reach out if you need recommendations on where/how to start and what the best bang for your buck is regarding resale value.
📸 And don't forget to send me photos! I love seeing all your before, during, and afters!
🌊 A Lot More Lot Inquiries...
My uber particular clients have been exploring the option of building a custom or "final" home. Bear in mind that proper due diligence and financing considerations must be hashed out and site development/permit/construction costs need to be established. That said, this is a great way to build your ideal home!
If this is something you're considering, regardless of your project scope, I'm happy to help with a starting point and provide introductions to:
Local Builders/Contractors
Drafters
Engineers
Etc.
🐰 Interested in going down this rabbit hole?
Here are my Top 5 (you know I love a Top 5....) lot picks currently on the market in #Pacifica:
Contact me if you want a site tour, disclosures, and to discuss the potential purchase/build.
That's it for this week! Next week I'll go into a savvy investment/move up strategy that takes advantage of today's suppressed pricing using tomorrow's lowered rates. (It's my favorite 🖤 out of the 3 move-up solutions - without doing a Sell/Buy right now!)
__________
👉 For a deeper dive into the details, or if you have any other specific real estate related questions call me or text me anytime.
CONTACT ME
(650) 898-8869 | call or text
michael@pacificarealtor.com
Disclaimer
Michael Jimenez, Pacifica Realtor, DRE #01961866 provides access to information on this blog/website page as a public service for educational purposes only. Although reasonable efforts have been made to ensure that all information made available is current, complete and accurate, Michael Jimenez does not warrant or represent that this information is current, complete and accurate. All information is subject to change on a regular basis, without notice. Michael Jimenez assumes no responsibility for any errors in the information provided, nor assumes any liability for any damages incurred as a consequence, directly or indirectly, of the use and application of any of the contents of the blog/website page. The inclusion of, or linking to, other website URLs does not imply our endorsement of, nor responsibility for, those web sites, but has been done as a convenience to our blog/website visitors. By using this site you understand that there is no attorney-client relationship between you and the site publisher.