As you are searching through the Long Beach MLS there are values to be found on Long Beach real estate, but how do you determine what is a good value and what isn't? If you are still early on in your research you may not want to contact a Long Beach realtor yet and that's ok, but you still want to understand what is a "good deal". Here are some tips so you can recognize the good deals!
- Use a Free Long Beach MLS
- Monitor a specific area ( i.e. Alamitos Beach)
- Monitor a specific configuration (i.e. 1 bedroom and 1 bathroom)
- Monitor a specific price range (i.e. under $275,000)
- Write a checklist of what is important to you (garage, sq footage over 580 sq ft, etc)
Once you have these items complete you will be able to track properties that have such specific criteria you will be able to determine what is a good deal and what is an average deal. If most of the properties in Alamitos Beach are $250,000-$275,000, having 1 bedroom and rarely a garage, then you know that is the average. Then when a property comes out that is 1 bedroom, 1 bathroom, with a garage for $227,000 you know it is a good deal!!
Keeping track of the traditional inventory will help you to spot the deal on your own and then you can contact a realtor at your convenience. If you did this today in Alamitos Beach, you would find there is just 1 condo at $227,000 with a garage :). Happy hunting!
0 comments:
Post a Comment