A Fresh Take on Housing in Folsom, California As a real estate appraiser with years of experience, I’ve had the opportunity to evaluate a wide variety of housing developments, from cookie-cutter subdivisions to more unique, forward-thinking communities. Shawood, located in Folsom, California, is one of the most interesting projects I’ve come across in recent years.
The Next Generation of Home building in California Read More »
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Homeowners Insurance in High-Risk Areas: Essential Insights for Buyers When buying a home, homeowners insurance is a crucial factor, particularly in regions vulnerable to natural disasters like wildfires and floods. Understanding how to navigate the insurance landscape can significantly impact your purchasing process and overall investment. Why Homeowners Insurance Matters Homeowners insurance protects your property
How fire and flood hazards impact insurance costs and the potential delays Read More »
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The Rise of All-Electric Homes: Welcome to the Future (Where Gas Is So Last Century) Ah, the joys of modern living! Gone are the days of lugging around heavy gas tanks for your outdoor grill or shivering in the winter waiting for your ancient furnace to kick in. Welcome to the brave new world of
All Electric Homes Welcome to the Future Read More »
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Understanding Appraisal Comparable Guidelines: What Are Comparables? In residential appraisals, the primary method for assessing value involves analyzing comparable properties—often referred to as “comps.” These are recent sales or listings that closely resemble the subject property, usually found within the same neighborhood. The more alike these comps are, the more reliable the appraisal will be.
Same House Same Day Different Value? One of the most perplexing aspects of real estate transactions is when two appraisers provide differing valuations for the same property. As a seasoned real estate appraiser, I’ve encountered this situation often, and it’s important to understand the underlying factors that contribute to these discrepancies. Timing Matters (Effective Date
Why Do Different Appraisers Value the Same Property Differently? Read More »
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Implications for Buyers and Market Dynamics In today’s real estate landscape, the homeowner “lock-in” effect plays a pivotal role in shaping market dynamics and influencing both current homeowners and potential buyers. This phenomenon occurs when homeowners with favorable mortgage terms, such as low interest rates, are hesitant to sell their homes, fearing that they will
Homeowner “Lock-In” Effect Read More »
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Get Your Home Ready to Shine: Tips for a Top-Notch Appraisal Ready to make a big move—selling, refinancing, dividing assets, settling an estate, or just figuring out those pesky capital gains? Then it’s time to prep for an appraisal and potentially make your home’s value do a happy dance! An appraisal is your home’s moment
Appraisal Checklist for Homeowners Read More »
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Roseville, Ca August 2024 Housing Market Overall, the housing market in Roseville for August 2024 demonstrates a mix of rising inventory and fluctuating prices, with trends indicating a seller’s market despite some recent adjustments in pricing and market dynamics. The number of for sale listings was up 36.5% from one year earlier and down 6.6%
Roseville Housing Market For August Read More »
Housing Market
Don’t Make the Price Per Square Foot Mistake At Sactown Appraisals, we specialize in guiding homeowners, developers, and investors through the complex world of real estate. One crucial piece of advice we often share is the importance of not relying solely on price per square foot when determining the value of your home. While it
Why Pricing Your Home Based on Price Per Square Foot Isn’t Enough Read More »
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Timing Asset Valuations for Estate Taxes If you’re navigating asset valuations for an estate, you might be curious about the optimal timing. According to IRC Section 2032, estates have the option to elect an “alternate valuation” date, which is six months after the decedent’s date of death, under certain conditions. In fluctuating markets, the value
Advantages of Electing the Alternate Valuation Date for Estate Tax? Read More »
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