Selling a house is no easy feat. The entire process can take months on end and entail various steps including staging the house for potential buyers, negotiating on the price and ensuring that all the legal formalities are complied with, just to name a few. Because of the complexity involved, it is no wonder that many Americans turn to professional realtors to help them with the sale of their properties.
Even if you do decide to delegate the sale of your home to a real estate agent, having a basic understanding of the real estate market in your neighborhood as well as the selling process can help you ensure that your realtor puts your best interests first.
In this post, we dive into the intricacies of selling a house quickly and effectively in Pittsburgh. We’ll look closely at the neighborhood of Beechview and its real estate market as well as go over some important tips for getting the best deal so that you can be more well-informed when it comes to selling your Beechview home.
A Deep Dive into the Beechview, PA, Neighborhood
Beechview is a suburb of Pittsburgh located to the southwest of the city center. The suburb is centrally located, with a journey to the city center taking just 20 minutes by public transport or 10 minutes by car. Compared to some of the larger suburbs in the area, Beechview is relatively small and is home to just under 10,000 residents.
One of the most unique features of the suburb is its hilly terrain. In combination with the grid layout of the neighborhood, the terrain has made Beechview home to the steepest street in the United States, Canton Avenue.
Safety
In terms of safety, Beechview ranks very highly compared to many of the other neighborhoods not just in Pittsburgh, but in the United States as a whole. The suburb has a significantly lower incidence rate of both violent and non-violent crimes as compared to the national average.
Schools
Apart from being a safe place to stay, the suburb of Beechview is also served by 46 different public schools, including the Beechview Elementary School and Brashear High School, both of which are located right within the suburb.
There are also 115 private schools within or near Beechview, offering a wealth of options when it comes to where you can send your children to. Plus, 19% of families in the suburb also have children and these factors combined make Beechview one of the most family-friendly suburbs.
Amenities
Given that Beechview is primarily a residential neighborhood, there aren’t many amenities and recreational facilities located within the suburb. Nonetheless, avid hikers and nature enthusiasts can enjoy the Seldom Seen Greenway, a beautiful green space on the edge of the suburb that is home to amazing hiking trails and plenty of native flora and fauna.
Moreover, the city center of Pittsburgh is just a short car or tram ride away. Residents of Beechview can thus enjoy all the amenities that the city center has to offer much more easily compared to residents of other suburbs that are further away.
Understanding the Beechview, PA Real Estate Market
Having a better understanding of the real estate market in the neighborhood can also help you to ensure that you’re getting a good deal when you eventually start selling your Beechview home.
Beechview is one of the smaller suburbs in Pittsburgh and is largely suburban in nature, with a large number of residential buildings and homes in a dense layout. Renters are also common in the neighborhood, with just over 60% of the area’s residents owning the homes they live in.
Compared to other suburbs in Pittsburgh, homes in Beechview are also very affordable. The median home value in the suburb is $96,587 and median rent is $914.
Tips for Getting the Best Deal for Your Beechview House
While the housing market in the neighborhood may not be the strongest, this doesn’t mean that you can’t get a good deal on the home that you’re trying to sell. Here are some tips to help you maximize the sale value of your Beechview house:
Avoiding Capital Gains Taxes
Capital gains taxes are something that you may face if you sell your home at a profit and they can drastically reduce the final amount that you get from the sale.
There are several strategies you can use to avoid or reduce the capital gains taxes you face when you sell your house, such as:
Leveraging the primary residence exclusion
Checking if you qualify for partial exclusion of capital gains
Postponing capital gains tax with a 1031 exchange
Engaging a Realtor
There are numerous benefits to engaging a realtor to help you sell your house. For starters, a realtor with a deep knowledge of the real estate market in your area can assist you with negotiations to help you ensure that your interests are protected.
Of course, the convenience that a realtor can provide comes at a cost, and you will need to be prepared to fork out some commission fees.
Nonetheless, with a good realtor, the final amount you receive from the sale of your home could very well still be higher than the amount you would have received without engaging a realtor.
Let HomeBuyers of Pittsburgh Help You Sell Your Beechview House Fast
For an even more direct and efficient way to sell your house fast in Beechview, sell it to HomeBuyers of Pittsburgh. HomeBuyers of Pittsburgh is a professional home buying company and we will make you a cash offer for your home in as-is condition.
This means that you can save significant time and effort when it comes to selling your house, avoiding the hassle associated with the traditional home selling process. You can also avoid any realtor fees and costs that you would have otherwise incurred to prepare your property for sale.
For more information or a free cash offer on your home, contact us today!