Day 78: October 2016 Market Report

hows-the-market

If you’ve been wondering how the real estate market might be in the Fresno-Clovis area, wonder no more.  Here is your hot-off-the-press October 2016 market report! I will be updating this monthly to keep you all in the know on everything related to home sales in the Greater Fresno area. I’m happy to discuss these statistics with anyone one on one as well. Enjoy!

Today’s feature house is actually a condo. It’s located in the highly coveted Villa San Marcos complex at Cedar & Nees. These units go like hotcakes. If you blink, you will miss it for sure!

Take a look around!

cedar-collage2
8153 N Cedar Ave #125, Fresno, CA 93720

“This move in ready three bedroom condo invites you in with large windows and an open floor plan. Home features a spacious kitchen and large bedrooms. Resort-style surroundings, lush landscaping, spa, pool, fitness room, clubhouse, media center and its also gated with private security. Villa San Marcos is a highly coveted condominium complex conveniently located near some of the best shopping and dining Fresno and Clovis has to offer.”

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Features:

  • 3 Bedrooms
  • 2 Bathrooms
  • 1370 sq ft
  • Upgraded kitchen
  • $199,500

This unit is spectacular. It’s on the ground floor, so it has a rather spacious backyard for a condo. The kitchen has lovely granite counters and new appliances. It boasts hardwood floor throughout and has a very open floor plan. I was quite impressed. If you are in the market for a condo, I highly recommend checking out this complex. It has a lot to offer and is in a really wonderful NE Fresno neighborhood. I’d be happy to show you around!

Cheers!

Erica

 

Day 75: A home for the holidays

I had the good fortune to show a few houses to an awesome couple. They need to buy right away because their current home is in escrow and will close before the end of the year. Yikes! Talk about a crazy time to risk being displaced! I showed them a few homes, including the one you’ll see below. But before I go into that, I wanted to take a minute to highlight a few reasons why now…holiday season…is actually a GREAT time to list your house for sale!

I had the good fortune to show a few houses to an awesome couple. They need to buy right away because their current home is in escrow and will close before the end of the year. Yikes! Talk about a crazy time to risk being displaced! I showed them a few homes, including the one you’ll see below. But before I go into that, I wanted to take a minute to highlight a few reasons why now…holiday season…is actually a GREAT time to list your house for sale!

ten-reasons-to-sell-your-home-during-the-holidays

Think it over and then call me to schedule a time for me to come out to your house and prepare a personalized home valuation. I can show you just how profitable it would be for you to sell now versus waiting until after the holidays.

pryor-collage1
2552 E Pryor Dr, Fresno, CA 93720

“Spacious 4 bedroom 3 bath with a loft in the desirable Clovis North School District. Featuring an entertainers kitchen with upgraded recessed lighting. This home has an inviting living room and dining room combo plus a cozy family room with built-ins and fireplace. Upstairs boast an open loft area. Topped off with a large three car garage, nice lawn, and covered patio with an easy-care backyard.”

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This house is a lovely home is NE Fresno near Summerville and Perrin. It has very clean and modern features, fresh paint, a spacious kitchen, and a nicely landscaped backyard. The upstairs loft gives a little extra living space, which my clients needed for a home gym. Perfect!

Features:

  • 4 bedrooms
  • 3 bathrooms
  • 2,720 sq ft
  • 6,480 sq ft lot
  • 2 story with loft
  • $369,000

There was really very little about this house that they did not like. I sure hope it works out for them. We ended the day narrowing their choice down to two out of five and this was one of them. I will know in a few days if they decide to make an offer. If they don’t, I would LOVE to find another family to fill these walls. Schedule a showing with me today and there is still enough time to make this your new home for the holidays.

Cheers!

Erica

 

 

 

Day 74: Eyes wide open

Today’s house is a three bedroom, two bathroom, 1808 sq ft home located in NE Fresno near Alluvial & Millbrook. It is FHA ready and is a remodel-flip by an agent. My first impression of the place was that it’s a pretty decent remodel. The kitchen has new granite counters and wood laminate flooring and there is new carpet throughout. These are things that many buyers get woo’d by because they make the house look pretty and modern. So, kuddos to this flipper on getting that right!

Today’s house is a three bedroom, two bathroom, 1808 sq ft home located in NE Fresno near Alluvial & Millbrook. It is FHA ready and is a remodel-flip by an agent. My first impression of the place was that it’s a pretty decent remodel. The kitchen has new granite counters and wood laminate flooring and there is new carpet throughout. These are things that many buyers get woo’d by because they make the house look pretty and modern. So, kuddos to this flipper on getting that right!

everett-collage1

“FHA Ready! Centrally Located 3/2 home with all new travertine flooring, new laminate wood in kitchen area, and plush new carpet. You will fall in-love with the custom two-tone paint, upgraded fixtures, stainless appliances, and stunning new granite counter-tops”

Features

  • 3 bedrooms
  • 2 bathrooms
  • Granite kitchen counters
  • Wood laminate, tile, and new carpet floors
  • 1,808 sq ft
  • 7,820 sq ft lot
  • $279,000

everett-collage2

Upon further inspection, I got the feeling that maybe a few shortcuts were taken to get the house sale ready. The dining room and living room still had popcorn ceilings, the bathrooms had new floors but all cabinets and fixtures were original, and the backyard was completely neglected. These things probably wouldn’t be deal breakers for many buyers, but if a house is going to be overhauled for a flip, my opinion is that a little more attention to detail would go a long way. These shortcuts on cosmetic items make me wonder if other, more critical, shortcuts were also taken.

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This house did sell right after I saw it. That is great! It’s wonderful to get a family into a new home, especially when it has had such recent updates. My own takeaway is that I will do a lot of digging into details when it comes to flip homes BEFORE showing them to clients. It’s fine if someone wants to buy a home that has only been partially redone, which is what I hope for the buyers of this house. That said, it is very important to go into the largest purchase of your life with eyes wide open and it’s my job to be sure that’s what my clients do at every house we see. Don’t let the pretty new granite counter tops deter you from realizing that the rest of the house is only marginally updated. Smart shoppers make happy homeowners!

I will update if this one goes back on the market for any reason in case anyone wants to check it out in person.

Take care my friends!

Erica