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.

Random Door in Sacramento

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This is a commercial building off of J & 20th in Sacramento. I am always intrigued by design, architecture and especially odd and seemingly non-conforming features. As I recall, this particular building was rehabbed over the past five or so years.

Do you notice anything interesting about the green-ish building?

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You got it. There is a door on the second story of the building with a decent drop to the parking lot below. Maybe the interior is sheetrocked and so the door truly cannot be opened, but generally speaking it’s an okay idea to not have doors open to nowhere.  

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If you have any insight on this building, let me know. I am always curious to learn more when I see interesting things. This property is located across the street from Original Pete’s on J & 20th.

Capital Village in Rancho Cordova

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Here are some images from the field today in the “Capital Village” neighborhood within the City of Rancho Cordova. Capital Village is a new and ongoing project by Beazer Homes. It is distinct locally because of its mixed-use concept and unique design (small lots, 1 to 3 stories, units attached or detached, flat or pitched roofing, vibrant or earth-tone colors, close proximity to commercial retail, two parks…).

Vibrant Colors & Unique Design: 

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View of one of the local parks and detached units in background:

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Construction is currently ongoing within Capital Village.

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In the words of Beazer Homes:

Located in Rancho Cordova, off Zinfandel Drive just south of Highway 50, Capital Village is a progressive new home community featuring a combination of various architectural designs, several popular retail stores and restaurants, a mixed-use town center, numerous parks, a water feature and more! Urban living meets true suburban comfort at the new Capital Village community by Beazer Homes.

Capital Village Links:

If you are a Capital Village home owner, what is it that drew you to this community? And what do you think now that you are there? What commercial retail shops do you want to see come into your neighborhood?

If anyone has appraisal-related questions pertaining to Capital Village, let me know. I am experienced with appraising properties in the Capital Village market as well as the nearby “Stone Creek” area of Rancho Cordova. I can be reached at 916-595-3735 or www.ranchocordovaappraiser.com  And no, I am not paid to advertise Capital Village. I simply mention things I think I worthy of mentioning.

Elk Grove Market Trends: Past 90 Days

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What’s happening in the Elk Grove market lately? Specifically, what is going on in the following parameters: Elk Grove Blvd. to the North, Franklin Blvd. to the West, Bruceville Rd to the East, & Bilby Road to the South. There are many pockets within these boundaires (Machado Dairy, Backer Ranch, Franklin Meadows, Bilby Meadows…).

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In this neighborhood there were a plethora of builders who built out the neighborhood over the past five or so years and so the quality of construction varies from pocket to pocket throughout the local market depending on who the builder was (JTS, Beazer, KB…). The style is generally the same throughout with contemporary detached dwellings with stucco exterior and tile roofing. There are local commercial retail properties on the Northwestern end of the neighborhood as well as one other portion as well as a local church.

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Elk Grove Real Estate Data:

  • 60 current Active listings
  • 187 current Short Sale Active listings
  • 141 current Pending listings
  • 205 sales over the past 90 days
  • 66 sales under $250,000
  • Median Price over past 90 days: $275,000

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If you have any questions about the data, the market, or have any potential appraisal needs in this neighborhood or others, please contact me at 916-595-3735 or www.lundquistcompany.com

City of Roseville Market Trends: Past 90 Days

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What’s going on in the real estate market for the City of Roseville these days? Check out the graph and data below:

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Based upon a search over the past 90 days of single family residential detached units, it looks like Roseville has had about one hundred sales per month in the midst of an oversupply of inventory. At the lower end of the market there were 46 sales in the past 90 days that sold under $200,000. Currently there are 101 listings priced under $200,000. At the higher end of the market there is not much having sold above $800,000 and only 20 houses having sold above $500,000.

City of Roseville Real Estate Data:

  • 302 sales over past 90 days
  • Median price of $305,000 over past 90 days
  • 270 current Active listings
  • 282 current Short Sale listings
  • 215 current Pending listings
  • Data Quick reports a 16.05% difference in price level when comparing January 2008 and January 2009 sales.

Links:

If you have any questions or appraisal needs in the Roseville area, Placer County, or surrounding areas in Sacramento, please call 916-595-3735 or see www.lundquistcompany.com Thank you.

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