How to Evaluate Your Neighborhood’s Reputation

Selling your home without a traditional agent might seem daunting; even more so if you’re trying to sell a home that is in a “bad” area of town.  If you’re not sure about your neighborhood’s reputation, do a little research in order to know what you need to do before putting your home on the market. Here are some of the ways you can do that.

How to Evaluate Your NeighborhoodThe Internet to the Rescue!

Do a Google search of what people are saying about your neighborhood.

A search should turn up posts in local forums, reviews of events held recently nearby and of businesses, and community programs operating in your vicinity.

What does a cursory glance at these sites tell you?

The good news is that, where your neighborhood’s internet reputation is concerned, that’s easy enough to fix to help sell your house. If most of it is untrue, you shouldn’t have any trouble convincing a potential buyer that the bad reviews are merely sour grapes. Even if it is true, you can work with perception.

Statistical Information

Contact your local police bureau and ask for the crime statistics for your local area.

Don’t limit your request to your own neighborhood. Check out the neighborhoods that surround it as well (crime has a way of bleeding over and affecting even the non-hit areas).

Look up statistics for personal attacks, home invasions, property damage, and theft.

Unlike a web rep, statistics are difficult to gloss over. They are what they are. You can, however, talk about your own experiences within those statistics.

For example: “According to the statistics, this area has had a lot of break-ins, but we put in a security system and haven’t had any problems.”

If It’s Really Bad

If your neighborhood is really bad and you don’t have to rely upon statistics or web searches to tell you that, you can take some measures to make your home more appealing to potential buyers:

1. Install a really good security system.

This will help raise your property value and give you some protection against theft and other types of crime that might be common in your area.

2. Consider your asking price.

You might be hoping to both recoup your investment as well as pay for a down payment on a new home. Is this genuinely possible? Look at local property values and base your sale price from there.

3. Only repair what you have to.

You want your house to be in good condition, worthy of being sold, but you don’t want to have to pour a ton of money that you might not recoup into a house that you might have trouble selling.

Have you recently sold a house in a neighborhood that is less than pristine? What did you do to entice buyers?

Visit today and see how we can help you set the best possible asking price for your home for sale.

Author Bio:

Erin Steiner writes full-time on a wide variety of topics from real estate to managing an online reputation from her home in Portland.

No related content found.

Leave a Reply

Your email address will not be published. Required fields are marked *