Tag Archives: Real Estate

New Listing in Amazing Albany

This Elbow Grease Treasure Chest is Ready for YOUR VISION!

front (2)

My esteemed collegue, Monica Ajer, and I are co-listing a pretty remarkable home in the Albany Hills.  If you want to check it out, we’ll be holding it open on Sunday August the 24th and August 31st from 2-4.

The address is 855 Washington Avenue in Albany.  It has a walk score of 78 and is located in a wonderful Albany Hill neighborhood. From the south facing windows and front deck. You’ll enjoy glorious sunrises over the  Berkeley Hills & the South Bay.

This generously proportioned 3 bedroom, 2 bath home is loaded with original details.  It has a light-filled sunroom and an updated kitchen with utility room that opens to a large patio on the first level of the deep, terraced yard.  The mature, drought resistent landscaping features  multiple varieties of cacti and other succulents.  Climb the path to the top of the yard and see more breath-taking views.

The asking  price is $525,000.  MLS #40671300

Some Answers to Sellers & Buyers about BUILDING CODES

Here’s a Handy Q & A to help you get a handle on building codes when you’re buying or selling a home.

Q  Some of the work on this house was done without building permits.  Does it matter?

A  Building codes exist to protect residents from loss and injury; the first thing to find out is, has the unpermitted work been performed to building code standards?  Is it safe?

Q  If I do any other work will I have to “fix” the unpermitted things?

A  Building permit practices vary from city to city; most municipalities have not so far made it a policy to investigate an entire structure when new permits are taken out  (although some cities do).  Any inspector will flag dangerous or egregiously defective conditions.

Q  Shouldn’t I set the record straight?

A  Always contact a qualified real estate attorney for definitive answers concerning your legal obligations and liabilities.  Remark that, if the living area is smaller than shown in the public record, a correction may result in a re-assessment and increased property tax.

Q  Won’t work without permits affect the house’s value?

A  Left unaddressed, unpermitted work will put current Buyers on the receiving end of this question when they go to sell.  If they sell in a sellers’ market this is less likely to cost them much.

I hope this  helps.

For up to the minute information about local real state including  high walk score homes,  information about home sales and values, AND  free and cheap activites in the Berkeley Area, keep reading this blog.

If you’re interested in specific information about buying or selling a home in the Berkeley Area, you can give me a call at 510-527-0174. Or check me out online. I have two sites made for you.

If you’re a BUYER go to That House Detective
If you’re a SELLER go to What’s Next Homes.
If you’re interested in WALK SCORE HOMES go Berkeley Area Neighborhoods

Whatever you need, I’m happy to help!

Chris_sig

Chris Neddersen,
Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley

Is the East Bay Home Price Pendulum Swinging Toward Buyers?

Today in the Business Section I read that home prices in the Bay Area are flattening out. This is good news for everyone, really.  When home prices become too inflated, it’s actually bad news for both buyers and sellers. Here’s what I read in the National Association of Home Builder’s e-bulletin today:

“Each $1,000 increase in the cost of a new, median-priced home forces 206,000 prospective buyers out of the marketplace, according to a new study by the National Association of Home Builders (NAHB). The number of households affected varies across states and metro areas and largely depends on their population, income distribution, and new home prices.”

It’s important to price your home correctly. Even in a hot market, overpriced homes have less chance of selling because

  • The home won’t appraise and/or
  • Most buyers won’t be able to qualify for the mortgage

In short overpricing a home limits the number of buyers who can afford it, and even in a hot market fewer buyers will even consider an overpriced home.

And what happens  when a home just sits on the market?
Buyers begin to think something is wrong with it.

And there is.  It’s overpriced.

pricingmistakesfinal_dm

If you’re interested in specific information about buying or selling a home in the Berkeley Area, you can give me a call at 510-527-0174. Or check me out online. I have two sites made for you.

If you’re a BUYER go to That House Detective
If you’re a SELLER go to What’s Next Homes.

Chris_sig

Chris Neddersen,
Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley

 

Homebuyers, Bids, and Budgets

Much more than the list price needs to be considered when you’re making an offer on a home.  Here are some points to ponder:

  • The competition–how many other offers are out there?
  • Your down payment–more is better
  • Your potential monthly mortgage payments–are they affordable?
  • Any improvements you might want to make after you own the home (see the illustration below)–these you need to budget for.
  • You’re willing to make your offer stronger by waving certain contingencies and/or offering a quick close
  • Whether, If you don’t get the home at the price you offered, you will feel OK knowing you did what was best for you.

A good agent (me) will guide you through all of this and help you present the offer that best fits your needs and circumstances.

NoProjectLeftUndone

 

For up to the minute information about local real state including  high walk score homes,  information about home sales and values, AND  free and cheap activites in the Berkeley Area, keep reading this blog.

If you’re interested in specific information about buying or selling a home in the Berkeley Area, you can give me a call at 510-527-0174. Or check me out online. I have two sites made for you.

If you’re a BUYER go to That House Detective
If you’re a SELLER go to What’s Next Homes.

Chris_sig

Chris Neddersen,
Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley

One A Day FREE Fun in the Berkeley Area

But first,  a word about Angeline’s Kitchen in Berkeley.

Daughter and Dad enjoying our meal at Angeline’s

Yum.

Ok, more than one word: great food, great ambiance, great music.  If you like Cajun, or if you like the Pirates of the Carribean ride at Disneyland and wish the adjoining restaurant had food that fit the mood, you’ll love Angeline’s Kitchen.

But, I did say Free Fun, so here are some entertainments in the Berkeley and Bay Area that fill the bill, if not the belly.

TUESDAY AUGUST 12TH
Oakland Active Music Center: Free Improv

WEDNESDAY AUGUST 13TH
Wizard of Oz Sing Along and Costume Party in Jack London Square

THURSDAY AUGUST 14TH
Free showing of Lawrence of Arabia at the Orinda Theater

FRIDAY AUGUST 15TH
Friday Nights at the DeYoung

SATURDAY AUGUST 16TH
Civil War Re-enactment at Fort Point

SUNDAY AUGUST 18TH
Free Comedy Showcase at the Ivy Room in Albany

Have a great week!

For up to the minute information about local real state including  high walk score homes,  information about home sales and values, AND  free and cheap activites in the Berkeley Area, keep reading this blog.

If you’re interested in specific information about buying or selling a home in the Berkeley Area, you can give me a call at 510-527-0174. Or check me out online. I have two sites made for you.

If you’re a BUYER go to That House Detective
If you’re a SELLER go to What’s Next Homes.

Chris_sig

Chris Neddersen,
Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley

Reasons to Celebrate in August

celebrate

I have a personal Cause Celeb in August–as it is my birth month–but more importantly it’s the beginning of the beginning of football season. The 49ers will be playing an exhibition game against the Ravens ( I KNOW, another Harbowl) on August 7th in Baltimore, and their brand new stadium in Santa Clara is fully operational and, I hear, pretty impressive.

Another reason for celebrating is more ecologically and financially oriented.  In the West County Times (August 6th, front page) is an article entitled “Want to go green, homeowners? Here’s a golden opportunity!

This opportunity is a very good one.  California First is offering you a chance to make your home more energy efficient by helping you finance the changes you need. The financing doesn’t rely on your credit rating and you need no mony down. You can get an affordable, long term loan that is repaid by being added onto your property taxes! The program went live this tuesday (August 5th) in 17 California counties.  See if one of them is yours and if it is, go green this August.

The housing market has something to celebrate as well. The NAR economist observed, “The good news is that price appreciation has decreased to its slowest pace since March 2012 behind much-needed increases in inventory.” He added, “With rents rising 4% annually, potential buyers are less likely to experience sticker shock.” Corroborating that, the S&P/Case Shiller 20-City Composite index showed prices up 9.3% year over year in May, down from April’s 10.8% year over year gain.  Analysts say the expanding inventory that’s slowing these price gains is a favorable trend, as it maintains affordability while increasing options for buyers.

For up to the minute information about local real state including  high walk score homes,  information about home sales and values, AND  free and cheap activites in the Berkeley Area, keep reading this blog.

If you’re interested in specific information about buying or selling a home in the Berkeley Area, you can give me a call at 510-527-0174. Or check me out online. I have two sites made for you.

If you’re a BUYER go to That House Detective
If you’re a SELLER go to What’s Next Homes.

Chris_sig

Chris Neddersen,
Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley

A Tale of Two Cities

I have two “hometowns”.   Kensington, my current residence, was where I began my life.  My parents owned a home on Trinity and I attended the Hilltop School just as my three kids did.

They attended school there all six years, but my folks moved their young family from Kensington to Orinda where they bought a model home on Overhill Road in the Glorietta school district.

I spent most of my  young life in Orinda, and my parents lived there well into their old age.  I know this community well.

However, most of my adult life (so far) I’ve spent living in near the Bay, mainly in Kensington.  I know this community equally well.

Both Kensington and Orinda are great places to live, and I consider both cities my hometown.

That’s why I am so happy to announce that I brought in the buyers for these two wonderful homes, one located in Kensington and one located in Orinda.  It’s great to know that two lovely families will enjoy the delights of living in my hometowns.

318Arlington
318 Arlington Avenue, Kensington, California
36 Charles Hill Circle, Orinda,  Californa

For up to the minute information about local happenings, real estate, free and cheap events, high walk score homes, and information about home sales and values in the Berkeley Area, keep reading this blog.

If you’re interested in specific information about buying or selling a home in the Berkeley Area, you can give me a call at 510-527-0174. Or check me out online. I have two sites made for you.

If you’re a BUYER go to That House Detective
If you’re a SELLER go to What’s Next Homes.

Chris_sig

Chris Neddersen,
Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley

 

 

 

Monday 1-A-Day Fun for the Bay Area

El-PresidioIllustration620x390-550x314

I hope your 4th of July was terrific.  It’s often the main event for  many of us in the  Summer, and that’s as it should be because this holiday has it all.  First, most of us get the time off work.  Second, People generally get together as a family with parties large or small; or they head for  day-long festivals most of which include barbeque, beer, dancing, music, and games. To top it off, of course, there are huge firework displays!
Finding things to do that don’t feel like a let-down after the forth is difficult, but let’s see what fun FREE events we can dig up this week.

TUESDAY JULY 8TH
56 cent Pancake Day at iHop

WEDNESDAY JULY 9TH
Ode to Frida Kahlo at Cliff’s Variety in SF

THURSDAY JULY 10TH
Witness  an Archeological Dig in action at Pershing Square

FRIDAY JULY 11TH
Soul Concert at Crab Cove in Alameda

SATURDAY JULY 12TH
Pride & Prejudice: Free outdoor play in Berkeley

SUNDAY JULY 13TH
Japan Day Festival in Japantown

I know, no real sparklers here, but a lot of variety, which is a hallmark of the Bay Area.  If none of these appeal to you, there’s always the WORLD CUP!  In any case, enjoy your week!

For up to the minute information about local happenings, real estate, free and cheap events, high walk score homes, and information about home sales and values in the Berkeley Area, keep reading this blog.

If you’re interested in specific information about buying or selling a home in the Berkeley Area, you can give me a call at 510-527-0174. Or check me out online. I have two sites made for you.

If you’re a BUYER go to That House Detective
If you’re a SELLER go to What’s Next Homes.

Chris_sig

Chris Neddersen,
Broker Associate
CalBRE R01143189
Coldwell Banker in Berkeley

 

The Quality of Optimism

We have a lot to be optimistic about, especially those of us living in the Bay Area.  Here, the job market is looking more robust, and the housing market is becoming a bit more balanced.

I’ve noticed more inventory of marketable properties as sellers take advantage of lovely Summer days to showcase their homes for sale.

Buyers, especially those with children at home, have the time it takes to research schools and neighborhoods to find the perfect location for a growing family before the next school year begins.

I recently heard Shawn Achor speak, and he had this to say about one of the qualities of optimism: it’s “The belief of the impermanance of the situation.”

That’s what we have going for us in the Bay Area: The belief in positive change.  That’s why business start-ups flourish here, housing markets are active and alive, and people just seem happier.

YoungOptimism

For up to the minute information sent straight to your inbox about homes on the market that match your specifications,  try REAlert and find your perfect home.  It’s the best way for you to get a look at first-time-on-the-market properties that meet your specific criteria, AND they’re delivered directly to your email courtesy of Coldwell Banker!

If you’re specifically interested in high walk score homes<click that link to find those that are currently on the market in great East Bay neighborhoods.

For up to the minute information about local happenings, real estate, free and cheap events, and home sales and values in the Berkeley Area, keep reading this blog.

If you’re interested in more information about buying or selling a home in the Berkeley Area, you can give me a call at 510-527-0174. Or check me out online. I have two sites made for you. If you’re a buyer go to That House Detective. If you’re a seller go to What’s Next Homes.

 

 

 

 

 

This Week’s One A Day (Mostly FREE) Fun in the Bay Area

train your dragon

It’s good to have a daughter who loves animation. She’s a budding artist and appreciates the skills and talents of the manga and anime world, as well as American offerings like Dreamworks and, very locally, Pixar Studios.

Having a person with this interest in the family means I can still go to movies like “How to Train Your Dragon II” and hold my head high.
I see it as an artistic pursuit.

Sure, maybe I wept a little at one particularly touching point in the film, but that’s a testimony to how well-done the animation was, right?

I think so too.

Anyway, let’s see what other (mostly FREE) activities–besides great movies–there are this week in the Bay Area:

TUESDAY JUNE 24TH
Alameda County Fair 2$ Tuesday
WEDNESDAY JUNE 25TH
The Flight Deck in Oakland‘s Theater Summer Reading Series
THURSDAY JUNE 26TH
USA vs Germany World Cup Viewing Party
FRIDAY JUNE 27TH
The Emerald Tablet presents reading performances in North Beach
SATURDAY JUNE 28TH
Comedy Showcase and Dance party At Pappy’s in Berkeley
SUNDAY JUNE 29TH
PickleWater Free Circus at Union Square

Have Fun!

If you’d love to live in this amazing area, I’d be honored to help. I’ll set up a system for you called REAlert that will search MLS real estate–using requirements tailored to your individual needs. It’s the best way for you to get a look at first-time-on-the-market properties that meet your specific criteria, AND they’re delivered directly to your email courtesy of Coldwell Banker!

If you’re specifically interested in high walk score homes, click here to find those that are currently on the market in great East Bay neighborhoods.

If you’re interested in more information about buying or selling a home in the Berkeley Area, you can give me a call at 510-527-0174.

Or check me out online. I have two sites made for you.
If you’re a HOME BUYER go to That House Detective.
If you’re a HOME SELLER go to What’s Next Homes.