Should I sell my Redwood City house as-is or fix it up first?

Make the inexpensive, visible repairs an inspector would flag, and skip the big projects. Sell as-is when the work would cost more, or take longer, than it would add.

Newer homes dominate Redwood City. Only four of the 12 homes in our sample were built in 1980 or earlier, so an older house stands out, and buyers will set it against move-in-ready neighbors. Older homes there hold more of their value against new construction than the California median, 38.5 percent against 29.5 percent.

More in Should I Sell My House As-Is or Fix It Up First?

What does it cost to sell a house in Redwood City?

On a listed sale, commission is usually the largest cost, followed by transfer taxes, title and closing fees, and any repairs or credits after the buyer’s inspection. A private sale to Address District has no commission.

Federal tax on the gain may not apply at all. If you owned the house and lived in it as your main home for two of the last five years, the IRS lets you exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

What are the benefits of selling my Redwood City house off-market?

Privacy, no repairs and a closing date you choose.

  • No listing. Your home never goes on the MLS or the listing sites, and there are no open houses or showings to strangers.
  • Sell it as it is. No repairs, staging or deep cleaning before you sell.
  • Your timeline. Choose the closing date that works for you, whether that is a few weeks out or a few months.
  • One buyer, one conversation. You deal directly with the buyer, not a string of showings, counteroffers and second rounds.

The trade-off is exposure. A listing puts the house in front of every buyer in the market, and competition can push the price up. Should I Sell My House Off-Market? weighs both.

Is now a good time to sell my house in Redwood City?

For most Redwood City owners, the calendar that matters is their own. A sale works best when it fits your next move, your finances and the condition of the house.

If you want a market signal, compare recent sales of homes like yours in Redwood City with what is still listed. When listings sit longer and prices get cut, buyers have the upper hand.

More in How Do I Know When It’s Time to Sell My House?

How fast can I sell my house in Redwood City?

As fast as the title work allows, if you sell privately. You and the buyer set the closing date, and the title search and California’s closing documents set the floor.

A listing adds preparation, showings and negotiation up front, then the buyer’s inspection, appraisal and loan approval, any of which can push the date or end the deal.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

How does selling my Redwood City house off-market work?

In four steps, with no listing and no showings.

  1. You tell us about the house, by the offer form or by contacting us.
  2. Someone on our team reviews the house and the neighborhood and may ask to see it.
  3. You get an offer, with no obligation to accept it.
  4. If you accept, a title company or closing attorney handles the closing on the date you choose.

Before you sign anything, we tell you in writing who the buyer is.

What if my Redwood City house isn’t selling?

Usually the price, sometimes the condition, occasionally the marketing. The showing count tells you which.

Before you talk to another buyer, read your listing agreement. Most owe the agent a commission on any sale during the term. More in Why Isn’t My House Selling?

How do I sell an inherited house in Redwood City?

Start with who has the authority to sign, usually the personal representative the probate court appoints, or a trustee. A title company will generally not close until that is documented.

Inherited property generally takes a basis equal to its value on the date of death, the IRS says, which can shrink the taxable gain. A probate attorney in California can explain the rest. More in How Do I Sell a House I Inherited?

How does Redwood City compare with nearby neighborhoods?

Redwood City, 5 miles away, shows one older home among the 11 we sampled. San Carlos, 5 miles away, has three older homes among the seven we sampled. Portola Valley, 6 miles away, counts one older home among the three we sampled. Redwood City ranks 236th nationally for older homes, ahead of all of them.

Every neighborhood in the index has its own page, and the California page lists all 177 in the state.

Do older homes in Redwood City sell for less than new construction?

In our sample, yes. The average price of older homes in 94062 was 38.5 percent of the average price of new construction in the same ZIP code. The California median is 29.5 percent, and the index median is 23.1 percent. With four older homes behind it, treat the figure as a rough guide.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.

Redwood City by the numbers

Older homes
4
of 12 homes sampled, built 1980 or earlier
Share of older homes
33.3%
California 39.9%. Index 49.0%.
Older vs new
38.5%
Older home price as a share of new construction
National rank
#236
of 1,192 ZIP codes
State rank
#22
of 177 in California
Minimum lot
4,767 sq ft
As recorded in the source data

Of the 12 homes in the Address District sample for Redwood City (94062), four were built in 1980 or earlier, a share of 33.3 percent. That places 94062 236th of 1,192 ZIP codes nationally for the number of older homes, and 22nd of 177 in California.

Across the 177 California ZIP codes in the index, 39.9 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.

How 94062 compares

Share of older homes

Homes in the sample built in 1980 or earlier

94062 Redwood City33.3%
California39.9%
All ZIP codes in the index49.0%

Older home prices against new construction

Average older home price as a share of new construction

94062 Redwood City38.5%
California median29.5%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
94061Redwood CitySan Mateo County, CA5 mi6419.1%
94070San CarlosSan Mateo County, CA5 mi31942.9%
94028Portola ValleySan Mateo County, CA6 mi70733.3%
94027AthertonSan Mateo County, CA6 mi31233.3%
94025Menlo ParkSan Mateo County, CA6 mi13918.2%
94063Redwood CitySan Mateo County, CA6 mi883100.0%
94002BelmontSan Mateo County, CA6 mi69025.0%
94402San MateoSan Mateo County, CA9 mi67620.0%

The top of California

State rankZIPPlaceHomesOlder homesShare
196161TruckeeNevada County, CA403792.5%
295404Santa RosaSonoma County, CA181688.9%
390266Manhattan BeachManhattan Beach, CA311032.3%
492253La QuintaRiverside County, CA12975.0%
590049BrentwoodLos Angeles, CA17847.1%
691604Studio CityLos Angeles County, CA23730.4%
794025Menlo ParkSan Mateo County, CA33618.2%
890066Mar VistaLos Angeles, CA31619.4%
994010BurlingameSan Mateo County, CA17635.3%
1092660Eastbluff / Dover Shores / Newport CenterNewport Beach, CA16637.5%

All 177 California ZIP codes in the index ›

About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.