Here is a before and after image of a house in the “Oak Park” area of Sacramento that one of my clients rehabbed recently. It’s a joy to see properties like this get an “extreme makeover” because it’s great for the community and wonderful for one lucky buyer too. The previous stairs were apparently failing, and so someone built a very shoddy walkway on top of them (don’t miss the huge pile of dirt underneath too). The new stairs are quite an improvement, don’t you think? Neighbors just might appreciate the upgrade too.
Sacramento Appraisal
Sales in the Pocket-Greenhaven Area of Sacramento
Here’s a quick trend graph for you of all sales in the Pocket-Greenhaven area of Sacramento over the past three years. What stands out to you? What do you see?
A water tower behind a house in the Pocket area of Sacramento
I swear I don’t have some sort of water tower fetish. I posted a photo of a tower in Galt last week and now this week I’m sharing another image from the field today. While taking comp photos in the Pocket/Greenhaven area of Sacramento a few hours ago, this image stood out to me. No, it’s not the mothership from V. It’s a water tower off of Freeport Blvd.
I’m intrigued by real estate and how a certain view might impact whether a buyer will purchase a particular property or not. This water tower is not literally next to the backyard of the house above as it seems from my photo, but the view from my camera lense is really what it looks like with the naked eye. You’ll get a better sense of distance by viewing a “bird’s eye” image below from Sacramento MLS. Personally, I’m actually fond of this water tower. It has a good look and I love how it says “Sacramento: City of Trees” for passersby on Interstate 5. It probably wouldn’t bother me too much if I lived with such a view. That’s just me though.
Do you think a view of a water tower like this would turn you off? Or would any negativity associated with the water tower be offset by the positive of having no rear neighbors?
A Decade of Unemployment Rates in Sacramento County
Put on your economist hat and let’s take a look at the past decade of unemployment rates in Sacramento County based on the month of June. What do you see? Comments are welcome below.
June 2010 12.6%
June 2009 11.5%
June 2008 6.9%
June 2007 5.4%
June 2006 4.9%
June 2005 5.1%
June 2004 5.9%
June 2003 6.3%
June 2002 5.8%
June 2001 4.5%