curtis park agent

Elizabeth Weintraub Team Wins 5 Top Awards from Homelight

top 5 awards from homelight

Big surprise yesterday when we received 5 top awards from Homelight for 2018. Pictured here is Amy McMullan with Elizabeth Weintraub, and we sure miss Amy (who has since moved to Los Angeles). Homelight is a website company that refers sellers and buyers to agents in Sacramento, and they work only with top producers.

All agents are not the same. Clients are wising up to the fact that 90% of agents sell only 2 or 3 homes a year. Not us, of course.

Further, in the digital age, many websites compete for eyeballs on the internet, and those with the best SEO are winning. The Elizabeth Weintraub Team prefers to align ourselves with winners, so we stick with the companies our clients like. However, we were not expecting to win 5 top awards from Homelight. One is plenty, actually. read more

For Sale: Grand Colonial in Curtis Park Sacramento Features Pool

Grand Colonial in Curtis Park

How many reasons do you need to buy a Grand Colonial in Curtis Park Sacramento? Besides the excellent location. This Grand Colonial in Curtis Park is located on Curtis Way, one house off the park from East Curtis Drive. What this means is you get a beautiful view of Curtis Park without all of the traffic that travels up and down East Curtis Drive and around the park. Your home is nestled on Curtis Way where it is much quieter.

Then, there is all of the space. This home is over 2,800 square feet, according to the Sacramento County Assessor. It features 4 bedrooms and 3 baths, with one of the bedrooms and baths on the main level. Having a full bed and bath on the main floor is a big preference of many home buyers today. The room sizes are spacious. Look at the dining room (21 x 14) and the separate formal living room (23 x 13).

Grand Colonial in Curtis Park

You will love the hardwood floors. The kitchen features granite counters, marble floor and shaker cabinets with stainless appliances. Of course, there is a separate family room off the kitchen, which also allows access to the back yard pool and spa. A large room behind the laundry room at one time might have been a space for a horse, says the seller.

Grand Colonial in Curtis Park

Upstairs, you will find a sauna in the front bedroom. Our photographer says he has not seen a sauna this extensive in many of the multi-million homes he shoots. Definitely a quality sauna. In addition to the sauna, the front bedroom also enjoys exclusive access to the private second floor balcony, which offers views of the park. The master bedroom is enormous, nearly 21 feet long by 18 feet wide, and a lot of windows. It is situated toward the back of the home for more privacy.

Grand Colonial in Curtis Park

But don’t take our word for the amenities and upgrades in this beautiful Grand Colonial in Curtis Park. Instead come to our open house on Sunday, August 5, 2018, from 1:00 to 4:00 PM, hosted by the amazing Amy McMullan from the Elizabeth Weintraub Team.

2641 Curtis Way, Sacramento, CA 95818, is offered exclusively by Elizabeth Weintraub at Lyon Real Estate at $895K. If you don’t have time to visit our open house, then please enjoy the virtual tour.

Elizabeth Weintraub

The information in this advertisement, including, but not limited to, square footage and/or acreage, has been provided by various sources which may include the Seller, the Multiple Listing Service or other sources. Lyon Real Estate has not and will not investigate or verify the accuracy of this information. Prospective buyers are advised to conduct their own investigation of the Property and this advertised information utilizing appropriate professionals before purchasing this Property.

(No measurements have been verified by agent and agent will not verify.)

Why Curtis Park Home Appraisals are Difficult Today

curtis park realtors

Classic 1924 bungalow contains vintage details with tasteful dates.

People have all kinds of thoughts about Curtis Park home appraisals, and I’m not about to argue with them if I don’t have to. When I am forced to argue, though, I tend to go whole hog. I appeal to my target’s common sense, which of the 6 senses is always the most important. You see, the problem is low inventory, coupled with the way we systematically prepare appraisals. When there are no comparable sales to pick a sales price, none to substantiate value, naive buyers might gravitate toward sales that are not really comps.

They will point to that one house, for example, which is located on a busy street, where the bus runs and stops in front of that particular home. That is not a similar location. That is a bad location. Buyers won’t add $50,000 of value for a good location because they don’t know how to do it. Even if you say to them, would you pay $50,000 more NOT to have the bus stop in front of your house 30 times a day, they might say no, they would not, even when they would.

I struggled with such a sale in Curtis Park. The appraisal came in $50,000 low. The sellers had purchased the home 4 years ago for about $600,000. Prior to market, they replaced all the carpeting on the lower level with hardwood flooring. I ran the trends that clearly showed strong price increases over the past four years in Curtis Park, but the buyer didn’t care. I considered tightening my hands around the guy’s neck while screaming in his face: Do you think values have fallen over the past 4 years? Prices have gone up and up and up.

Because I didn’t want to make my sellers pay for the buyer’s problem, we made the buyer pay for a new appraisal. And it was the buyer’s problem that his lender hired an appraiser from another city who felt he was somehow capable of conducting Curtis Park home appraisals when he was not. It was also not our fault that the buyer needed to finance his purchase.

With cash, we get a much truer picture of market value. People with cash want to make every penny count. I knew I was right on the market value of that home in Curtis Park. I also knew not to use a couple of distressed sales as comparable sales because, thank goodness, in a normal market like today, distressed sales are not comps. With this particular sale, the buyer had enough money to bridge the gap between the appraised value and our list price but refused.

That was his loss. Too bad. Because we turned around and sold the home to cash buyers who recognized the value. I’m Old School about real estate values. I was taught 40-some years ago that market value is the price at which a seller is willing to sell and a buyer is willing to purchase. It’s not what some doofus appraiser who doesn’t really know Curtis Park thinks about Curtis Park home appraisals.

Almost every home in Curtis Park is unique. Two homes side-by-side with similar square footage can vary wildly in market value. This is why sellers should hire an experienced Sacramento Realtor who knows how to sell real estate and understands older, established neighborhoods. In the end, my sellers got what they wanted, and that’s all that really matters to me.

2557 5th Av, Sacramento, CA 95818 closed escrow on August 29th at $682,500.

Your Curtis Park Realtors Present Classic 1924 Bungalow

curtis park realtors

Classic 1924 bungalow contains vintage details with tasteful updates.

The Elizabeth Weintraub Team of Curtis Park Realtors is proud to present a classic 1924 bungalow, just listed in the Curtis Oaks neighborhood of Curtis Park. This delightful home is filled with vintage details, which effortlessly blend with tasteful updates. It began life as a modest two-bedroom, one-bath bungalow that underwent a transformation when a second floor addition introduced a new luxurious master suite.

This is the 3 bedroom, 2 bath you’ve been waiting for. No work to do, and it’s ready to move into. Lucky you! The location is excellent, near shops and restaurants, yet firmly ensconced in the neighborhood of Curtis Park and not far from the park itself.

curtis park realtors

Spacious living room features barrel ceiling with stained glass windows at each end.

You will love the hardwood floors on the first level. When you enter from the covered porch, you are in the immensely huge living room. Glancing up, you’ll notice the picture rails, leaded glass window and high barrel ceiling, flanked on both ends by small stained glass windows. For those chilly winter evening in Sacramento, you’ll come to appreciate the fireplace.

curtis park realtors

Formal dining room with hardwood floors and 2 walls of windows.

Off to the right of the living room is the formal dining room. Pay special attention to the leaded glass windows on porch side and the old-fashioned shutters covering the windows along the sidewalk. The other wall is obviously not in this photo, and you’ll have to come see it for yourself. There is also a built-in breakfast nook in the kitchen.

curtis park realtors

Updated kitchen with an island features a breakfast nook.

Come with your Curtis Park Realtors and continue our journey into the kitchen. There is an abundance of cabinets and a pantry cabinet. Stainless appliances stay such as the refrigerator, gas range, built-in microwave and dishwasher. Note the stainless sink, pre-rinse faucet and stainless washboard, plus recessed lighting to illuminate intensive cooking tasks. The island, which offers additional storage and a butcher block top, stays, too.

Curtis Park Realtors

Master suite is part of a second floor addition, and features a sitting area, plus walk-in closet.

The first floor has 2 good-sized bedrooms with hardwood floors and closets, and there is a guest bath on this level, too. However, you’re in for a treat when you walk upstairs. The second floor addition was added before these sellers bought the home. It features a separate AC / heating system, a sitting area, surround sound speakers and a gigantic walk-in closet.

In the winter, the radiant heating built-in to the master suite bath floor will surely delight. The walk-in shower has double shower heads, and of course you’ll find dual sinks and granite counters.

Curtis Park Realtors

View from garage toward the back of the home and gardens.

And last, is the fabulous back yard. There is a deck off the laundry room and a second deck off a first-floor bedroom. Most of the vegetation is low maintenance. Trees, flowers and green landscaping make the space seem very private. In addition to the two-car garage, which is accessible from the alley, there is also a small workshop building with electricity.

Come to our open house on Sunday, June 4th, from 1:00 to 4:00 PM. 2557 5th Avenue, Sacramento, CA 95818 is presented by Elizabeth Weintraub Team of Curtis Park Realtors at Lyon Real Estate at $689,000. Click here for the virtual tour. Call 916.233.6759 for more information or a private tour.

 

Timing on Market is Key With Sacramento Listings

timing on market

Timing on market in Sacramento can help to generate excitement and higher offers.

Part of the problem I am facing as a top listing agent in Sacramento, odd as this might sound, is with timing on market; I can’t keep any listings in inventory. Soon as I put a home on the market, we get a bunch of offers and it sells. I honestly don’t think I’ve had a listing stay in active status longer than a week lately. I compare it to the days when I used to put together large dinner parties. I could spend 3 days on my feet, chopping, cooking, creating a Chinese feast and, within 20 minutes, the food is devoured and gone.

Everybody has this impression that I have a whole bunch of listings when I might have 2 or 3 active listings all together. This is a far cry from the days when I handled 75 listings at once, back in the days of short sales when it could take 6 months to a year to close. In those days, the listings piled up.  I was generally at my computer at 5 AM. Now that I am taking a couple of new listings a week on average, it’s almost like I’m on vacation. I have plenty of time to invest in taking care of my clients.

I’m working through the Memorial Day weekend, too, but many other agents are not. Buyers are taking a break from looking at homes, too. There is a spectacular new listing in Curtis Park ready for the market, but why would I advise a seller to put it on the market over Memorial Day? I would not. Because I want what is best for my seller and the highest price. I do not want days on market accumulating due to low demand on a holiday weekend. The odds are the home will sell by the first Lyon open house extravaganza in June.

Timing on market is key. If we went on the market today, when fewer buyers are looking, we could very easily a) not expose ourselves to the largest pool possible of buyers (which drives demand and price) and b) our days on market by next week would be 10. By just holding back a little bit, we can come on the market with a huge explosion!

Besides, everybody will be back at work Tuesday morning and wishing they were not. They will be looking at homes online, you can betcha. And here will be this brand new listing, shiny and happy and ready to buy. Not some dated thing that had the tires kicked by lookie loos over the weekend. But I am a huge proponent for timing on market. I’m not one of those agents who throw everything into MLS, whenever, without thought, in hopes something will stick for a fast buck.

My sellers deserve better. They deserve a prepared marketing plan with a purpose, and a Sacramento Realtor who cares about them.

 

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