What do Buyer’s really react to when they are seeking property in the Palm Springs area? What are their primary concerns, wishes, wants..what are they willing to pay a premium for???
The Palm Springs Valley is a resort area, which encompasses many different areas, and many different cities. Known for it’s sublime weather first, Golf Courses, and extreme views, a Buyer can find pretty much whatever they want. We are a desert, but you sure wouldn’t know it looking around. Palm Trees sway, green belts roll in and around housing developments, that snuggle in various coves in the surrounding mountain range. It really IS extreme beauty.
What price this weather, the golf, the proximity to LA, the custom homes, the VIEWS?
First off, year round residents pay more for exactly the opposite of what seasonal buyers prefer! Those of us that live here year round tend to want our back yard areas with LESS sun, not more. So, we choose Northern or perhaps Eastern exposure and give up the Western mountain views for less beating sunshine. The Deset summers can cook you!
Seasonal Residents will almost always prefer South. Most sun time. Makes sense. They’re here during the winter and Canadians, people from Northern California, the beaches, midwest states..all of them are here seeking sunshine. The Southern orientation commands top dollar.
If you can throw in some Western Mountain range view WITH the Southern sun, add another premium! Sunshine with purple mountains to look at? Sweet! Now, throw in the rolling greens, sand traps and TRIPLE PREMIUM..water, and you’re looking at the MOST desirable location.
Let’s recap what TRULY captures a Buyers imagination and potentially a higher purchase price.
- Southern exposure for sun.
- Western Mountain range views.
- Fairway location.
- WATER anywhere around the property..
Remember that if you can live without even ONE of these requirements in this resort area, your price/sf will drop accordingly. Know what you want, but also know what you can live without.
image: brianselldesign.com