Roberta Oswald
Roberta Oswald, Valley Property Sales & Management
Email: [email protected]

How to Price a California Luxury House

by Roberta Oswald 11/18/2018

If you plan to list a California luxury house, it helps to prepare. And if you have a good idea about the true value of your Golden State luxury residence, you may be better equipped than other sellers to get the best price for your property.

Ultimately, it can be easy to establish a competitive price for a luxury house in Los Angeles, San Francisco or any other California city or town. To help you understand how to price your Golden State luxury residence, let's take a look at three home pricing tips that every property seller needs to know.

1. Know Your Home's Strengths and Weaknesses

Although you've allocated significant time and resources to improve your California luxury residence, you probably realize that your home is far from perfect. Fortunately, if you can identify your home's strengths and weaknesses, you can transform its weaknesses into strengths.

Oftentimes, it helps to conduct a home inspection before you list a California luxury residence. This inspection usually takes only a few hours to complete, and its benefits can last a lifetime.

During a home inspection, a property expert will evaluate your California luxury home both inside and out. Then, he or she will provide an inspection report that details any underlying problems with your home.

A home inspection enables you to learn about any problems that otherwise may impact your ability to get the best price for your California luxury home. After you complete an inspection, you can upgrade your Golden State luxury residence and boost the likelihood of maximizing its value.

2. Conduct a House Appraisal

Home appraisers are available in Beverly Hills, Malibu and elsewhere throughout California. Meanwhile, these appraisers are happy to assess your Golden State luxury residence and provide a property valuation.

Generally, a home appraisal report can be obtained within a few days. The report is based on a house's condition, as well as various housing market factors.

With a home appraisal report in hand, you'll have a property valuation that you can use to determine a competitive price for your California luxury residence. As a result, a house appraisal may make it simple for you to establish a competitive initial asking price for your Golden State luxury home.

3. Hire a Real Estate Agent

Employing a real estate agent who possesses California luxury housing market expertise is a must. Because if you have a top-notch real estate agent at your disposal, you should have no trouble setting a competitive price for your luxury residence in Santa Barbara, San Diego or any other Golden State city or town.

A real estate agent understands the ins and outs of the luxury real estate market in California. Thus, if you need to establish an aggressive price for a luxury home in Anaheim, a real estate agent can help you do just that. On the other hand, if you want to maximize the earnings from the sale of your LA luxury house, a real estate agent will work with you to help you achieve your goal.

Use the aforementioned tips, and you can establish a competitive initial asking price for your Golden State luxury house.

About the Author

Roberta Oswald

An enthusiastic polo player, aviatrix and fourth generation member of one of the oldest winery families in the Napa Valley, Roberta has lived in the Bay Area her entire life. She attended San Jose State University and graduated with a degree in Aeronautics and a Business minor before entering into the professional world. Dedicated to her community as well as her vocation, Roberta is a past President and member of the local Soroptimist International organization and currently Vice-President of the St. Helena Order of the Sons and Daughters of Italy. Because of her longtime residency and her civic involvement, Roberta has an acute awareness of the needs and wants of families in the area. She knows the schools and neighborhoods, as well as the services and benefits available. Roberta is a valuable information resource for those new to the area as well as those who are simply changing neighborhoods or looking for investment properties. Roberta has over thirty years of experience in buying, selling and managing real estate in the residential, investment and commercial markets. Not content to just “get the job done”, she wants to exceed your expectations. Roberta believes in service with commitment. Utilizing the kind of knowledge that is obtained only through extensive life experience and an in-depth understanding of the area and local market, she works with you to provide maximum results. During her accomplished career, Roberta has refined important skills in communication, negotiation, attention to detail and sound business practices, all of which are vital to the success of her real estate clients today.