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Are you looking for an experienced agent to help you buy or sell a home? Contact Jim the Realtor!

Carlsbad
(760) 434-5000

Carmel Valley
(858) 560-7700
jim@jimklinge.com


Category Archive: ‘One-Story’

New Homes for Boomers

What could really boost the market further would be if we had more new or newer single-story homes for sale.  Baby-boomers would be much more likely to ditch the older two-story family estates and glide into a ready-set single story home – if there was just an easy exit.

If you wanted a new house under $500,000, how about Las Vegas? The home above is in Summerlin, and I’ve been there.  It is a great alternative for those who don’t mind the heat!

Or if you insist on San Diego County, but might go to the outskirts?

Here are one-story new-home options for you locally:

Plus, this is the Pardee tract they sold off to Toll:

True, in order to downsize, most sellers need to leave town, but at least there are some new-home options to consider nearby.

The folks at the 55-and-over Auberge near Santaluz just wrapped up sales of their brand-new one-story homes, and it would be a good place to look for resales.  Here is a tour of the Plan 3 model, which one of my buyers purchased:

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Posted by on Sep 7, 2017 in Boomers, Bubbleinfo TV, Builders, Jim's Take on the Market, One-Story, The Future | 2 comments

Carlsbad Newer

This house was built in 2013 and has the master suite downstairs, with other bedrooms up – which isn’t as popular as you might think.

The older buyers who want a one-story think these are more house than they need, and the families with infants aren’t gung-ho about the kids being on a different floor.

This sold in February for $1,230,000, after 77 DOM:

Posted by on Aug 28, 2017 in Bubbleinfo TV, Carlsbad, One-Story | 6 comments

One-Story vs. Two-Story

The other day, an appraiser mentioned to me that he had just completed a study comparing the prices of one-story houses vs. two-story.

He had done a similar study ten years ago, and found that the premium being paid for a one-story then was about 5%.

Today, he found that the premium is about 14% – more than double!

We speculated whether it would double again over the next ten years.  When you consider how short the existing supply of one-story homes is today, and that builders are still addicted to the two-story model, it is pretty easy to guess the premium will increase further!

Here’s a sample of houses sold between La Jolla and Carlsbad this year.

NSDCC Houses Between 2,500sf and 3,500sf Sold 2017 YTD

# of Stories
# of Sales
Avg SF
Avg $$/SF
Median SP
One-Story
104
2,918sf
$623/sf
$1,450,000
Two-Story
532
2,973sf
$450/sf
$1,163,173

You can get a better ‘deal’ on a two-story home, but as boomers get older and unload two-story houses, that market could get glutty, and the quality one-story houses be even more sought-after.

Posted by on Aug 28, 2017 in Jim's Take on the Market, Market Conditions, One-Story, Thinking of Buying?, Why You Should Hire Jim as your Buyer's Agent | 7 comments

Bubbleinfo on Facebook Live

My first attempt at Facebook Live, with no warm-up.

I’ll hold the phone horizontally next time, and shoot the video out the back of the phone because this view is reversed (be patient, it rolls out slowly here):

Jim the Realtor on market conditions

Posted by bubbleinfo.com on Thursday, August 3, 2017

If you want to follow, here is the link to the Bubbleinfo Facebook page:

https://www.facebook.com/bubbleinfo/

Posted by on Aug 3, 2017 in Bubbleinfo TV, Jim's Take on the Market, One-Story, Thinking of Buying?, Thinking of Selling?, View, Why You Should List With Jim | 0 comments

RSF Open House Today 12-3pm

Kayla and I will be at 7060 Via Del Charro today 12-3pm!

An authentic California Ranch on 2.79 acres in horse country! Park-like estate with a stunning single-level main house that was redesigned and extensively upgraded in 2009 – it’s like a new house! The wide-open floor plan features wood-beam ceilings, wide-plank real hardwood floors, and several sets of french doors! Pool/spa, 3-car garage, TWO detached guest houses (perfect for multi-gen), tennis court, RSF schools, & no HOA!  The master suite was highly upgraded in 2016 with new steam shower, jacuzzi tub, and walk-in closet! On sewer too! Plenty of room for horse facilities with trails nearby. $2,750,000

https://www.zillow.com/homedetails/7060-Via-Del-Charro-Rancho-Santa-Fe-CA-92067/16730852_zpid/

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Posted by on Apr 29, 2017 in Jim's Take on the Market, One-Story, Open House, Rancho Santa Fe, Thinking of Buying? | 4 comments