Thursday, August 21, 2014

New Listing - 5000 Priscilla Lane, Sacramento, CA 95820

Adorable and well-loved 3 bedroom, 1 bathroom, 925sf Colonial Village home on large .15ac lot is ready for a new owner! You will enjoy the light bright kitchen w/dishwasher, gas stove and tile counters/backsplash. Remodeled bathroom has new vanity, tub/shower combo with tiled surround. Also has dual pane windows, high end carpet, newer roof, central heating & air, recently painted interior & exterior & large attached garage. Large yard has a shed, covered patio, new fencing,  and wisteria-covered arbor. Don't forget the rare RV access. Located a short distance the new Joseph Bonnheim K-6 Charter School. Offered at $169,900. For more photos and information, please visit 5000 Priscilla Lane, Sacramento, CA 95820.

Friday, August 8, 2014

Sacramento Real Estate Statistics - July 2014

As the spring home buying season in our area turns into summer, it's nice to see that pending sales are at a high for 2014, and that the median home price is holding firm. Again last month, we saw the Sacramento County median home price holding firm at $270,000. As I have said this year, It's nice to continue to see a healthy leveling-off of home prices with modest value appreciation. Large spikes are nice and all, but just not sustainable for the long term. While we have more inventory (homes on the market) right now than we saw in Sacramento this time last year, this level of available homes for sale is still really LOW. We have about 2.3 months of inventory in Sacramento County in July. This is not a lot. A market with buyer/seller equilibrium is 5-6 months of inventory. Homes are taking an average of 37 days to sell. I'm seeing more price reductions in the market...it seems that some sellers want to test the market and they are trying to get a lot more for their home than the last comparable sale. BUT, as you can see, statistically that's just not happening in our Sacramento home market right now. With prices holding steady, sellers need to price homes realistically.

Friday, August 1, 2014

How to inexpensively update your 1950's bathroom...

As the home improvement party continues on the house my husband and I just bought, I thought I would share what we did to update our hall bathroom. Our Del Paso Manor home was built in 1955, and is pretty original. Our hallway bathroom had a newer vanity, however the walls and floors were bright pink tile, and the bathtub was powder blue. I'm sure in 1955 this was really awesome, but my teenage step-sons who will be primarily using this bathroom were not thrilled with the color scheme.

The existing tile and tub were in excellent shape, so instead of spending thousands of dollars demolishing and remodeling the hall bathroom, we spent about $500 to apply an acrylic color coating over the tile. We chose all white -- however there are other colors to choose from. It really cleaned up the appearance of the bathroom, and after adding a slightly contrasting wall color, a patterned shower curtain, this bathroom looks much improved! We hired a contractor to do this for us, however home improvement stores sell do-it-yourself kits for less than what we spent. We may decide to remodel this more extensively in the future, but this definitely looks great for now.