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Sekisui House Shawood Framing

The Next Generation of Home building in California

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. […]

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obtaining property insurance homeowners

How fire and flood hazards impact insurance costs and the potential delays

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

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How to select the best comparables for real estate appraisals and appraisers

Selecting the right comparable properties is crucial for accurately determining a home’s value

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.

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Different Appraisal Values from Different Appraisers

Why Do Different Appraisers Value the Same Property Differently?

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

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Mortgage Rte Lock In Effect Home Appraisals Home Values Supply and Demand

Homeowner “Lock-In” Effect

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

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Price Per Square Foot Appraisal

Why Pricing Your Home Based on Price Per Square Foot Isn’t Enough

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

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Alternate Valuation Date for Estate Tax Real Estate home Appraisals

Advantages of Electing the Alternate Valuation Date for Estate Tax?

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

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Solar Panes Home Value

Do Solar Panels Increase Home Value?

The annual cost of solar energy systems is decreasing, prompting many California homeowners to consider installing solar panels. With the Sacramento Metro area experiencing around 270 sunny days per year, the appeal of solar energy is heightened by its environmental benefits and potential savings on energy bills. Additionally, state incentives, tax credits, and rebates further

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