Sacramento Appraisal Blog

Market trends and real estate appraisals for divorce, estate settlement, loans, property tax appeal, pre-listing and more. We cover Sacramento, Placer and Yolo County. We're professional, courteous and timely.

The scoop on the value of neighborhood trees

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I read a short article last week entitled “City Trees and Property Values” (pdf) by Dr. Kathleen L. Wolf after hearing a representative from the SacTree Foundation speak at a Realtor event. Dr. Wolf’s research shows that trees generally increase property value. Her study indicated a 2% price increase for a property with a mature tree (greater than 9 inches thick), 3-5% increase for trees in the front yard, and 10-15% increase for mature trees in high-income neighborhoods.

While initially some of her stats seem startling, I do think she is right that trees add to the overall value of a property. This doesn’t mean a house is automatically worth 2 or 9% more due to having the tree set-up she mentioned, but trees generally do yield a value contribution. In an objective sense, trees add worth due to boosting energy efficiency due to shade, while there is also a subjective element where they tend to increase curb appeal among buyers. It’s hard to ignore that some of the most highly priced and sought-after streets in the Sacramento area are lined with enormous trees. Think the Fabulous 40s, Curtis Park, Land Park or Arden Park to name just a few. Granted, these streets typically have very large and well-maintained houses too, but there is no mistaking that a canopy of mature trees stretching along a particular street tends to give a very positive impression to buyers in the market for that street in comparison to others. Agree? Disagree?  

Here is a video of Jacobe Caditz with the Sacramento Tree Foundation speaking about the benefit of trees last week at the Sacramento Association of Realtors.

What do you think? How have you seen trees or a lack of trees impact real estate value? I’d love to hear your thoughts.

If you have any questions, or real estate appraisal or property tax appeal needs in the Greater Sacramento Region, contact Lundquist Appraisal by phone 916-595-3735, email, Facebook or subscribe to posts by email.

Do appraisers have to use comps within one mile?

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Do comps have to be located within one mile of a property to be considered legitimate in the eyes of a lender? Does Fannie Mae really have a “one mile” standard? This is sometimes a point of confusion among real estate professionals, so it’s important to know the answer. As a Sacramento real estate appraiser, it’s vital to understand standards like this and of course use the best comps out there in my appraisal reports (whether inside or outside of a mile radius). Watch the video below (or here).

What do you think makes a good comp?

If you have any questions, or real estate appraisal or property tax appeal needs in the Greater Sacramento Region, contact Lundquist Appraisal by phone 916-595-3735, email, Facebook or subscribe to posts by email.

Ways to “go green” for your home in Sacramento

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If you didn’t know, there are actually quite a few “green” resources available to home owners in the Sacramento area. These assets can help home owners conserve energy and water and save a few bucks too.

  1. Sacramento Tree Foundation: Get up to 10 free shade trees for your property from SMUD. Watch a video here. I actually have four trees on my property from the shade tree program.
  2. Energy Upgrade California: This website is a great resource for energy and water efficiency programs and is geared toward both consumers and trade professionals. 
  3. Realtor’s Energy Audit Program: The California REALTOR®’S Energy Audit Program provides up to a $250 rebate on a Home Energy Rating System (HERS) home energy audit conducted by a certified HERS rater (from CAR website). Watch a video on REAP here. This is good for finding out what areas of your home might need some efficiency TLC. Water Rebates for Residents: Find water rebates offered by a handful of local water suppliers in the Sacramento area. This can come in especially handy when purchasing a toilet or clothes washer.
  4. Check Before You Burn in Sacramento: As we all know, residents and businesses are prohibited from using indoor and outdoor fireplaces and such on certain days. This website lets you know which days are “burn days”.
  5. Energy Efficient Mortgage: The EEM Program was created by HUD to allow home buyers the opportunity to upgrade the energy efficiency of the home they are purchasing during the escrow period (from website).
  6. Energy Improvement Grant: The energy improvement grant is designed to promote the HUD Energy Efficient Mortgage (EEM) Program. The SAR program provides a grant of $2000 to buyers who take advantage of the Energy Efficient Mortgage in the purchase of their home. The grant is applied to energy upgrades and limited qualified closing costs (from website). 
  7. SMUD’s Home Performance Program: SMUD has various programs and financing options to help home owners increase energy efficiency in their homes.
  8. Turf Replacement Program: The Placer County Water Authority has a pilot program for replacing lawns. There may be some in Sacramento too. Know of any? Per the PCWA website, the program offers a $300 rebate for lawns replaced with non-water consuming material and a $150 rebate for lawns replaced with low to moderate water-use plants.
  9. Free Water Audits: California American Water provides free water audits where a conservation specialist will visit your home, identify ways to help you save water, and even provide free low flow fixtures for your kitchen and bathroom (from website).
  10. Green Marketing Tools: The Sacramento Association of Realtors has a compilation of flyers available for local consumers and Realtors to help home owners take advantage of available resources.

The bulk of resources listed above came from a recent meeting at the Sacramento Association of Realtors. What other “green” resources exist for home owners in the Sacramento area? What have you done to promote conversation in your home?

If you have any questions, or real estate appraisal or property tax appeal needs in the Greater Sacramento Region, contact Lundquist Appraisal by phone 916-595-3735, email, Facebook or subscribe to posts by email.

NNO recap & Tips for hosting a community BBQ

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Did you do anything for “National Night Out” on Tuesday? My household hosted a neighborhood BBQ and it was a profound success. We had a fantastic crowd, and it was nice to have visits from four council members, an Alyson Huber representative and Sacramento County Supervisor Don Nottoli too. But most importantly, neighbors were connecting and we really had a good time. I’m so thankful to residents who worked to pull things together last-minute to make this happen. I feel very blessed to be surrounded by good friends in my community.

What makes a neighborhood great? In my opinion, it’s not about big houses or price level per se, but rather a sense of community and connectedness. That’s priceless.

Quick Tips for Hosting a Community BBQ:

  1. Do the BBQ in the front yard.
  2. Ask a few neighbors to do the BBQ with you. Get people on board first before you start publicizing.
  3. Make it your goal to connect with others and simply invite residents into that vision. People like it when they smell authenticity rather than an agenda. On a related note, if you want to see change in your neighborhood, keep the tone positive rather than negative. A positive vision is attractive, but complaining doesn’t work to muster the troops.
  4. Go potluck style. It’s easier that way and more powerful when everyone has something to share and donate.
  5. Knock on doors to pass out flyers. Invite people personally and they’ll have a greater chance of responding. In my experience, 400 flyers placed on doorsteps has far less impact than knocking on 30 doors.
  6. Provide opportunities for neighbors to help with details like canopies, grills, drinks or any other component. Remember too that you don’t have to pull off the ultimate block party with bounce houses and pony rides. Think simple.
  7. Invite council members or the police department to show up and give them a minute to talk with residents.
  8. No guilt or shame if people cannot make it – only grace and goodwill. Nobody likes to eat a guilt sandwich.
  9. If you have an action step, let people know. Maybe there is a neighborhood meeting coming up that people could sign up for. Or maybe you are putting together a phone tree, neighborhood email list or e-Group that would be perfect to help propel the community forward. You don’t need an action step of course, but if you have something, bring it.   
  10. Thank people for their contributions and recognize the work of others to pull off the event – whether big or small.

Do you have any tips to add? What do you think makes a neighborhood great? I’d love to hear your comments and stories.

If you have any questions, or real estate appraisal or property tax appeal needs in the Greater Sacramento Region, contact Lundquist Appraisal by phone 916-595-3735, email, Facebook or subscribe to posts by email.

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