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.

Real Estate Appraiser

What does an REO fixer-upper house look like?

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I recently inspected a bank-owned huge fixer of a house in the Oak Park area of Sacramento, and I put together a one-minute video below (or HERE) for you to experience a bit of what I saw. This house sold for less than $20,000.

By the way, I do have the full blessing of my client to use images of this house they purchased. I would never violate my client’s confidentiality by posting pictures or sharing information like this without the absolute blessing of a client. Thank you also to Bill Cobb for the music. Let me know what you think.

Jeopardy and Building an Online Business Presence

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I remember stumbling upon an episode of Jeopardy in the early 90s and seeing that they too had jumped on the “bandwagon” of the world wide web. Yes, even Jeopardy now had a website just like everyone else. Do you remember those days?

It’s wild to think that just 15 years ago the idea of the “world wide web” seemed to be on the fringe, but it’s now a very significant part of our lives. Consider how the world has changed in the past several years with the advent of things like smart phones, Facebook, YouTube, Twitter, Google, and blogosphere. The web has opened up opportunities for us to communicate, do business, be more efficient, waste time, shop, date, read the news, share videos, meet people, etc…

If you are in business, the truth is that people want to reach you online. They hope to find your website, understand more about your company, and see what others are saying about you too. They may even wish to connect with you on Twitter or Facebook. I know it can sound overwhelming to someone who is not a social media convert, but don’t worry because you don’t have to be a tween techie guru to be successful online, and you can certainly take small steps to further develop your web presence over time. The key is to find what is going to work for you and your business and then incorporate a realistic and doable social media rhythm into your life. Ask yourself the question: What facet of the web or social media right now will help you further connect and build relationships with people? 

Why do I spend time thinking about this stuff? Because it’s the wave of the future that is now here. My goal in business is to provide a great product and be relevant, resourceful, and focused on relationships with people (both online and in person). Just yesterday a local home owner googled me and ordered a pre-listing real estate appraisal for his house in the Rosemont area of Sacramento. After this man perused my website, he called me to connect for business. That’s how it works these days in many cases, and I plan for this scenario to only increase over time as our society continues to embrace an online lifestyle.

What do you think of all this?

Growing a Lawn in a Pool in Sacramento

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I saw this not too long ago and it’s definitely interesting. Before stepping on the lawn I actually made sure I was not going to sink. Maybe this could provide for some very creative landscaping opportunities.

Neighborhood Boundaries, Real Estate & Tahoe Park in Sacramento

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Are you in or out? It could make a huge difference in property value whether you live in a certain neighborhood or not. A boundary line for a neighborhood could include anything from a street, park, city or county line, different design of houses, train tracks, commercial district, etc… Whatever it is that separates one neighborhood from another is very significant to be aware of because real estate is about location, location, location.

Let’s take a look at the Tahoe Park area of Sacramento. What are the boundaries to Tahoe Park? As you may know, the Tahoe Park neighborhood is comprised of four sections as shown below. You can read more about these four sections of Tahoe Park from a previous post.

Let’s think further about the neighborhood boundaries above. If you are local, do you see any big value differences between some of the bordering areas such as Tallac Village, Colonial Heights, Elmhurst, Oak Park or UC Med Center? Some of these portions are competitive or more similar to each other, but others are VERY different neighborhoods despite sharing a street border such as Stockton Blvd.

What sort of boundaries have you seen make a big difference in real estate values in the real estate market? Maybe you’re thinking of a certain dividing street, a freeway, or a newly constructed subdivision in the midst of an older tract. Or think of the home you grew up in as a child. What boundaries do you think defined that neighborhood?

Let me know if you have any questions. Feel free to call me at 916.595.3735 or ryan@LundquistCompany.com.

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