I’ve been seeing more new construction lately in the Sacramento area, particularly in Elk Grove. Have you seen the same thing? Where? I’ve noticed pockets of subdivision building on Bradshaw Road as well as near Bruceville Road & Elk Grove Blvd. Additionally, there are also occasional custom homes built on vacant lots like the one pictured below in the Camden Passage neighborhood. I snapped a “before” and “after” picture of this site while doing appraisal work in the neighborhood over the past six or so months. For the record, I’m a huge fan of “before and after” shots. See “No longer half-built in Oak Park“, “Flat vs. Hipped Roof” and “Heavenly Stairway” for a few examples. I love to see change over time.
It’s great to see some positive signs in the real estate market, don’t you think?
By the way, this property shown above is located on Allister Way in Elk Grove and is currently listed for sale by real estate agent Jacque McBurney 916-417-3344. It’s 2701 square feet & 4 beds and 3 baths (front and rear landscaping w/ a patio too).
If you have any questions or Sacramento area real estate appraisal or property tax appeal needs, contact me by phone 916-595-3735, email, Facebook, Twitter or subscribe to posts by email.
It’g good to see new construction. I have witnessed it in the Birmingham, Alabama area also. Just curious, it that home typical for the area? It looks like it is a one level whereas the homes on each side of it are two story. The reason I bring this up is because I am finding builders are building smaller homes, or more simplistic homes because they are cheaper and may be able to increase their margin when they sell. Just a thought.
Good eye, Tom. This house is sandwiched between two 2-story houses, but it’s actually very typical for the neighborhood. There are many single-story houses on the same street. I hear quite a bit about the trend to build smaller. I appraised a 4,000 square foot house recently though (new construction), so I know builders still build the big ones. I would be surprised to see a 5,000-6,000 square foot tract home though right now in the market. It does seem like most are a whole lot less than 4,000 square feet though too.
With the Earth now at 7 billion human inhabitants, it’s not surprising to see ramped up construction efforts. I’m afraid we’ll soon live in a world where 4,000 square foot homes is no longer possible due to limited space. Places like Sacramento with beautiful landscapes might be full of homes and buildings within the next 10 to 15 years. So while development is most definitely positive, there are also some negative undertones. On a more positive note, I am happy to see a home going up because I know a family or individual will inhabit it and that’s a sign of new beginnings and life.
I hear you. There is quite a bit of land in the Sacramento area for building. This particular lot was vacant and I bet neighbors are happy a custom home now sits upon it. I think it helps the neighborhood in this instance look much better. It’s good to see infill in situations like this. Thanks for the comment.