Design Trends: Prefab Sheds

Love the love of converted sheds in our last post? Want to get in on the converted shed trend, but lack an old shed, guest house, barn, or garden shed to convert into a thing of beauty? You can buy a ready-made, pre-fabricated shed and have it installed in your backyard. Often cheaper than adding an extension to your home, these outdoor sheds are durable, built to last, and very attractive. These tiny, pre-fab structures are either shipped to you in kits for assembly or assembled right in your yard!

All images via Pinterest

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The History of San Diego Real Estate: A Look at the Modern Day Industry

SD-real-estate-history

 

In this special series, we will be covering the evolution of the real estate industry from the 1960’s to present day. These posts are based on the industry experience of Coastal Premier Properties Broker, Tom Tucker. It is our hope that by retelling the history of real estate in San Diego County, we will be able to trace the changes at a social, economic, and technological level that have led to today’s current industry profile and the results that have occurred for consumers, for better and for worse. Click here to read about San Diego in the 1960’s, 1970’s, 1980’s, 1990’s, and 2000’s.

 

2015

 

San Diego Real Estate History: 2015, Present Day

 

San Diego County Population: 3,211,252 people

San Diego County Population Growth For The First Half of This Decade: 3.7%

Estimated Number of New Housing Units Built in 2010 or Later: 2,213 Units

Estimated Number of Total Housing Units in the County by 2009: 292,174 Units (Including 47,015 Units Built Prior to 1960)

(information provided by the U.S. Census Bureau, Date of Last Census: 2013)

 

Five years into 2010 and the industry is still rapidly changing. With so many technology companies racing to be the first to deliver the new, most-cutting edge product and society’s reliance on this type of consumerism, real estate agent’s have been forced to adopt a cutting-edge approach as well. The agent who responds the fastest and has the best tools while still providing the best service at the best price, generally wins. Consumers are now used to being able to shop around for a “product” and that approached has dramatically changed the real estate game.

On a consumer level, the introduction of third-party sites at the beginning of the decade, sites like Zillow, Trulia, Homes.com, and more, have changed how the public gets their information and what their relationship with their agent is. Consumers have access to a tremendous amount of information about the homes they wish to buy or sell. Not only can see what their neighbor’s home sold for, they can look at high-res pictures and videos of a property, find out when the open house will be, see how long a property has been on the market, and  get up to date information about schools, crime, and more. This wealth of information that is available to consumers at no cost has led to some to question what role real estate agents will play in the future.

This incredible amount of availability, has a dark side, though, one that ensures the place of real estate agents in years to come. The data that consumers receive is not pure. It’s often incorrect, muddied, or unclear. The stack of paperwork and disclosures that a buyer and seller must complete is often overwhelming and it’s often difficult to understand what all those contracts are actually saying. More than ever, consumers need real estate agents to help them navigate the wealth of information they’ve been granted.

The future of real estate looks bright. People are buying properties without ever seeing them, simply by watching video or looking at photos their agent sent. International investments are on the rise. People can review offers and sign contracts from their mobile phone, on a lunch break, or on vacation. New laws protect consumer interests. “Buyer Beware” has become utterly archaic. Disclosures have shifted the nature of liabilities, allowing people to be more confident in the person they’re doing business with and what they’re getting out of the deal.

Simply put, people are able to transact real estate deals in ways that would have been unimaginable fifty years ago. It’s both easier and harder to buy your dream home, today, but it’s exciting nonetheless.

 

Notable Changes in Real Estate Law From This Decade:

 

2010: Financial Literacy Outreach. In April 2010, the California Department of Real Estate (DRE) launched its Financial Literacy Outreach Program. In an effort to educate all Californians to fully understand the complexities of real estate transactions, from school-aged kids to senior citizens, the DRE through this program and by partnering with other government agencies dedicated to Financial Literacy, will promote a wide range of activities, resources, workshops and other important events.

2010: SAFE Act Becomes Law. The Federal Secure and Fair Enforcement (SAFE) Mortgage Licensing Act of 2008 became law in California with the enactment of Senate Bill 36.

2010: AB 260 was part of an ongoing effort by the Legislature to tighten its regulation of mortgage brokers and strengthen consumer protections following the mortgage crisis. AB 260 (2009) placed restrictions on high cost mortgages including limiting the use of prepayment penalties, yield spread premiums and negative amortization. The bill also codified that mortgage brokers are fiduciaries of the borrower. Brokers are now prohibited from steering a borrower into a loan that is more beneficial to the broker than the borrower.

2011: SB 931 prohibits a lender from pursuing a deficiency judgment against the borrower/homeowner in those cases where the lender consents to a short sale. Difficult economic times brought about a vast number of short sales – sales in which the lender agrees to accept less than what is owed from the homeowner in the sale of the residence. Prior to the enactment of SB 931, borrowers were potentially subject to deficiency judgments which would require them to pay the difference between the loan amount and the agreed short sale price.

2012: Recovery Account Renamed. Senate Bill 706 renamed the Recovery Account to “Consumer Recovery Account.”

2013: DRE Becomes the Bureau of Real Estate (BRE).

 

Notable San Diego Events From This Decade:

 

2011: Blackout darkens much of San Diego.

 

Notable United States Events From This Decade:

 

2010: Deepwater Horizon incident.

2013: Boston Marathon bombing.

2013: Edward Snowden, a former CIA employee, comes forward and admits that he is the source of the recent NSA leaks.

2014: The Affordable Care Act goes into effect.

2015: The fight over Net Neutrality takes center stage.



The Pinteresting Five: Bonus Rooms

Many homes in San Diego offer a bonus room or loft space that can be utilized in a number of different ways. This extra room can often be enclosed to create an additional bedroom. But thinking outside the bedroom box, this space could be transformed into a wide variety of spaces, from a dedicated office, to a playroom, homework room, home theater, craft room, library, additional sitting room, or mixed use space. We’ve rounded up 5 of our favorite ideas to re-imagine the bonus room below.

All images via Our Pinterest

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Recipe: Watermelon Salad With Crispy Prosciutto

watermelon-salad-mint_300

What You Need:

4 ounces thinly sliced prosciutto
3 pounds watermelon (including rind)
6 radishes, quartered
4 scallions, sliced
1/4 cup fresh mint, torn
1/4 cup salted peanuts, chopped
2 tablespoons fresh lime juice
1 tablespoon extra-virgin olive oil
 kosher salt and pepper
Directions:
  1. Heat oven to 400° F. Arrange the prosciutto in a single layer on a baking sheet. Bake until crisp, 8 to 10 minutes.
  2. Trim and discard the rind from the watermelon. Cut the flesh into 1/4-inch-thick triangles. Place the watermelon in serving dishes and sprinkle with the radishes, scallions, mint, and peanuts. Drizzle with the lime juice and oil. Season with 1/4 teaspoon salt and 1/8 teaspoon pepper.
  3. Break the prosciutto into pieces and sprinkle over the salad before serving.

Just Sold : August 2015

Thank you for all your support, here some of the properties Coastal Premier Properties has helped clients buy or sell throughout the county this month. If we can help you or someone you know, please contact us!

 

Crest
(Del Mar)
SOLD
Enjoy the Del Mar lifestyle & the lovely views of the ocean & Crest canyon from this elegant & peaceful home on the hill. From the moment you walk in you are captivated by the views to the beautiful canyon framed by a sculptured pine. The home has newly refurbished hardwood floors, new carpet & fresh paint throughout. Loaded with lots of natural light & views from nearly every window this 3 bdrm + opt, 2.5 ba home will win your heart. Large lot!  SOLD for $2,450,000.
150024977
Via Alta
(Del Mar)
SOLD
*Represented Buyer
Beautiful 3 bedroom, 2 bathroom home in Del Mar with great indoor/outdoor living.  Very open and spacious with a lot of natural light.  Del Mar Village location close to restaurants and the beaches of Del Mar allows you to take full advantage of everything Del Mar has to offer!  SOLD for $3,200,000.
150049274-1

Plaza Paraiso

(Chula Vista) 

SOLD

Priced to Sell! Panoramic views & beautiful sunsets! Rarely available, this San Miguel Ranch property sits high up revealing views that stretch to Point Loma! This home boasts 5 bedrooms, 4 full baths, a huge loft upstairs & a bedroom with a full bath downstairs. Spacious Master Bedroom w/ a large sitting area & balcony. The custom landscaped yard features a gas fire pit, low maintenance turf and custom pavers. This property is an entertainers dream!  SOLD for $642,000.
150035437 (1)
Costa Alta Drive
(Carlsbad)
SOLD
Very clean, meticulously maintained single level end unit in La Costa Alta. Fireplace, private patio off master bedroom and living room. Washer/Dryer, A/C, Quiet location. Walk to community Pool/Spa/Clubhouse & Gym. Detached garage plus 1 reserved space. Assigned Storage Unit on site.  SOLD for $320,000.
150035029
Sirena Vista Way
(Carlsbad)
SOLD
*Represented Buyer
Charming condo in the highly desirable La Costa Alta complex. Open floor plan with bedrooms and baths on opposite sides, vaulted ceilings, a cozy fireplace and tranquil patio perfect for a nap or relaxing. Features include recessed lighting in living room, ceiling fans in both bedrooms, newer carpet, newer washer and dryer, a one car spacious garage, additional covered parking space plus a storage unit. This resort like complex has a refreshing community pool and spa with an exercise room.  SOLD for $345,000.
150034499
Jacaranda Ave
(Carlsbad)
SOLD
*Represented Buyer
Largest floor plan in Rancho Ponderosa. Quiet side of the street beautifully remodeled.  Immaculate!  Popular park filled neighborhood convenient to award winning schools, shopping, low HOA fees & no mello-roos.  Distressed hardwood floors, updated kitchen & baths.  New stainless appliances, corian, pendant lights, crown molding, double pane windows. remodeled banister.  Freshly painted interior.  new carpet. security system.  recessed lighting. LG yard w/ BBQ.  3 car garage.  View supplement & virtual tour.  SOLD  for $815,000.
150029005
Abejorro A&B 
(Carlsbad)
SOLD
Fabulous Single story Duplex building on a cul-de-sac street, wonderful location. Vaulted ceilings, ceiling fans & more. This elegant and wonderful duplex is light bright and airy and is in great condition. Original owners. These are 2 units being sold as one building. 2 car garage, private fenced yards w/patios. Each have wood floors, fireplace, 2 bedrooms + 1 optional bedroom. Live in one and rent other! SOLD for $1,059,181.
150019877
Via Campestre
(Del Mar)
SOLD
Rare opportunity to own one of the most sought after lots in Brisas Del Mar! This property boasts expansive panoramic ocean views along with views of the iconic Del Mar Racetrack and fairgrounds. This the largest single level model in the community, single owner property and one of the original model homes. Here is your chance to create the home of your dreams in beautiful Del Mar. Walking distance to Flower Hill Mall, Whole Foods Market, fabulous restaurants and more!  SOLD for $1,300,000.
150036529-1
Ridge Way Glen
(Escondido)
SOLD
*Represented Buyer
Excellent opportunity to own this upgraded 3 bedroom, 2 bath single story home on elevated prime lot, cul-de-sac location with views to surrounding community & hillsides. Recently remodeled kitchen with quartz counter tops, stainless steel appliances, glass tile backsplash & roll-out drawers. Beautiful hardwood & tile floors throughout, double sided fireplace, updated master bath, drought tolerant landscaping, built-in BBQ entertainment bar, sparkling pool & spa with waterfall feature & slate decking.  SOLD for $540,000.
150039454
Paseo Culzada
(Escondido)
SOLD
This modern remodeled home will take your breath away! Elevated corner lot in gated community with spectacular views of Mt. Woodson & Lake Hodges greenbelt. Gourmet kitchen: stainless applcs, quartz counters, custom backsplash, travertine, dual zone wine fridge. Vaulted ceilings, open floor plan, gorgeous lighting & refinished hardwood floors. Optional separate 2-bed suite w/ separate entry. Luxurious master suite: two walk-in closets, fireplace, soaking tub, walk-in shower, doors onto patio w/ spa.  SOLD for $815,000.
150041284
Vista Campana
(Oceanside)
SOLD
*Represented Buyer
  Wide open street location of “W” st. view of mtn/canyon/lights on no end of 55+ age restricted oceana.  Enclosed 403 sq ft insulated patio w/ dual pane windows/ tile floors approved by the city and HOA!  Remodeled master bath, berber carpets & tile floors.  Single det garage identified “H” * close to guest pkg.  Community pool, spa, osd golf course, clubhouse restaurant and a church.  new funace and skylight.  awesome location in community.  SOLD for $224,900.
150021512
Bartlett
(Oceanside)
SOLD
*Represented Buyer
Oceana at it’s best; remodeled and updated view and quiet end location.  Enjoy views from your dining and spacious living room.  gorgeous remodeled kitchen with granite tile countertops, new white cabinets, travertine marble flooring, recessed lighting and bead board ceiling. updating includes new custom paint, baseboards, windows, heat & ceiling fans.  Both baths remodeled with amazing master suite with custom countertops, vanity * walk-in shower. Enjoy extended patio w/ skylite & San Diego pebble stone decking.  SOLD for $264,950.
150036907-2
Calle Del Palo
(Oceanside)
SOLD
*Represented Buyer
This beautiful and completely remodeled home can be yours with payments lower than you would pay in rent! This Home features an amazing backyard with tropical landscaping… Fantastic Gourmet Kitchen along with the finer touches every home owner dreams of!! This home also has a one car garage and is located very close to Libby Lake and San Luis River with a short drive to Oceanside Beach! Start your families photo album in this home first!  SOLD for $290,000.
150042140
Almond
(San Marcos)
SOLD
 GATED CORONADO RANCH! WALK to Cal State San Marcos, shopping and more! Beautiful tri-level townhome with 2 bedroom suites! Custom paint throughout, upgraded carpeting, upgraded countertops & more! Wonderful community with sparkling community pool, workout room, BBQ, playground & close to freeway! Walk to Cal State San Marcos.  SOLD for $325,000.
150035952
Silverado
(San Marcos)
SOLD
*Represented Buyer
Welcome home! This sets the bar for condominium living. Walk out to two patio areas one is covered area/fan and the other encompasses the full length of the building and has a private fire pit plus room for a large gathering of friends and family, barbeque and tables. Perched on the rim of a bluff, the view is simply spectacular. Your “dream” kitchen has top of the line granite counters and stainless appliances Upgraded carpet and large travertine-like flooring establish that this is one of a kind luxury.  SOLD for $535,000.
150035514
Blue Water
(San Marcos)
SOLD
*Represented Buyer
This former model is perfect for entertaining with a large open kitchen and family room plus the outdoor BBQ area. Additional upgrades include wainscotting, wood shutters, 3 fireplaces, granite counters, wood floors and a wine cellar. Guest will enjoy the downstairs bedroom suite. Upstairs has a built in home office/TV room. Master bedroom includes built in shelving for books or keepsakes. Most important is the convenience to Questhaven Park, great for playdates or just taking a stroll.  SOLD for $759,000.
150036145
Eucalyptus
(Vista)
SOLD
*Represented Buyer
Our spacious units on large corner lot 9,147. All have private patios & carports. Always rented, near shopping, schools, Vista Library & Civic Center. All four units recently remodeled. Two units are rented to long term tenants other two units are vacant due to remodel and ready to re-rent for new owner. Newer roof & exterior painting.  SOLD for $730,000.
150038457
Beech
(Downtown)
SOLD
*Represented Buyer & Seller
Amazing northwest bay and city views from this one bedroom immaculate condo. Sit on the spacious balcony to enjoy a magnificent sunset. Granite countertops in kitchen and bathroom. Entertain friends and family in your home or enjoy a BBQ in the courtyard adjacent to the pool and spa. State of the art fitness center and recreation area (with pool table). La Vita is centrally located and one of most desirable high-rises in Little Italy. Walk to restaurants, shopping and nightlife.  SOLD for $440,000.
150037238-2
Haines
(Pacific Beach)
SOLD
*Represented Buyer
Spacious 1 bedroom condo on ground level in private gated complex surrounded by beautiful tropical landscaping. Quite neighborhood, only a few blocks to the bay or beach. This condo comes fully furnished including flat panel TV’s and is turn key! Ready to go. Kitchen has refrigerator, dishwasher, double sink, garbage disposal, ceramic tile floor, large pantry, and natural light. Living dinning room is spacious and offers patio with beautiful views of the lush front garden. Basement Storage. Dry Sauna. SOLD for $330,000.
150033450
Bayside 
(Mission Beach)
SOLD
*Represented Buyer
Wake to panoramic bay views, enjoy fireworks and the twinkle of city lights from the master suite, kitchen, breakfast nook, living and formal dining rooms then relax in the spa style master bath featuring oversize dual head steam shower and Jacuzzi tub with river rock and granite detail. This home is an amazing investment opportunity, perfect as a primary residence or as a luxury vacation rental.  SOLD for $2,950,000.
150024170 (1)
51st Street
(Talmadge)
SOLD
*Represented Buyer
Well maintained 4BR 2BA house plus two 2BR/1BA on full sized lot. Perfect for owner occupant plus rental income! Rents very low by long-term retiring owners. A hobby room above 2 car double garage is currently rented as a non-conforming 1BR. Laundry room plus extra hook-ups in garage. Nice patio area and plenty of parking. Artificial turf front lawn. Close to shopping, restaurants, transit, schools and SDSU. Hurry on this pride of ownership property.  SOLD for $785,000.
150035919
Montango
(Mira Mesa)
SOLD
Live in style in the heart of Mira Mesa! Remodeled kitchen with custom oak cabinets & panoramic backyard views. Living room with a large bay window overlooking the private front courtyard. Large master bedroom & recently remodeled master bath. Spacious backyard oasis designed for family fun: gorgeous saltwater pool with baja shelf, large stamped concrete patio, lawn & lush landscaping. 2-car garage with plenty of storage space. Brand new upgrades throughout: carpet, tile, ceilings & paint.  SOLD for $502,000.
150037639
Thomas Hayes 
(Mira Mesa)
SOLD
Fantastic canyon rim home that sits on one of the best streets in Mira Mesa.  Wonderful backyard with panoramic canyon views! Lovely floor-plan with 4 bedroom, 3 baths, bed/bath combo downstairs, new carpet, neutral decor, 2 car garage with built ins, a/c recessed lighting, and a fireplace.   Wake up to peaceful views in the spacious master including well appointed master bath with soaking tub and walk in closet.  All this plus convenient location close to so much!  SOLD for $675,000.
150037353
Babcock
(San Diego)
SOLD
*Represented Buyer
The Cielo floorplan at Prado was certainly a hit! Offering the Master Bedroom on the first floor as well as the Laundry Room, an ample sized Great Room, and an additional bedroom makes it seem like one-story living! The chef of the family will love this particular home!!! The Kitchen features gorgeous Bianco Antico granite with a complimentary glass tile backsplash. An upgraded KitchenAid appliance package finishes it off perfectly! Washer and Dryer already in home. SOLD for $845,000.
150035319
Mathis 
(Rancho Bernardo)
SOLD
Live in modern elegance! Open floor plan Del Sur home is flooded with natural light. Gourmet kitchen: granite counters, full tile backsplash & stainlss applncs. Large master suite overlooks backyard; features huge tub & tile floor. Main floor bed & bath! Upgraded wide-plank hardwood & Berber carpet throughout. OVERSIZED water-conserving backyard: rain barrels, covered sitting area & fireplace. Tankless water heater & carbon water filter. Short 1.5-blocks to Del Sur Elementary. SOLD for $949,000.
150031807
Trailbrook
(Sabre Springs)
SOLD
*Represented Buyer
RUN! Don’t walk to this Fabulous Find in Sabre Springs. This 3br/3ba + loft + downstairs office (could be Bedroom #4) has been recently updated w/a Brand New Kitchen: Crisp white cabinets, subway tile backsplash, marble countertops & stainless steel appliances. New flooring throughout: Downstairs features wood-like tiles (easy to maintain/wears beautifully) and plush carpeting upstairs. This home is within walking distance to acclaimed Creekside Elementary & has LOW HOA & Mello Roos fees.  SOLD for $723,000.
150037276
Meadow Grass
(Sabre Springs)
SOLD
*Represented Buyer
Wonderful “Hillsborough” Family Home in PRIME Location…just steps to BEST Community Park & Creekside Elementary School*Backs to Open Space & Poway Creek with GREAT Mountain Views!!*Brand New Carpet June ’15*Over $91k in Upgrades (see attached) *Fabulous Travertine Floors*Kitchen-Granite Counters & Travertine Backsplash, Newer SS Appliances*Family Room Boasts Huge Volume Ceiling*Full Bed & Bath Downstairs*Master Suite w/Marble in Bathroom, Huge Walk-In Closet*5th BR used as Office*Very Peaceful Yard*PUSD.  SOLD for $840,000.
150031917
Arucauna 
(Rancho Penasquitos)
SOLD
Gorgeous, updated home in highly desirable Park Village. All new: carpet, baseboards, porcelain tile floors in main living areas, granite counter tops & SS appliances in kitchen. Recessed lighting & glass front cabinets. Freshly painted w/ decorator colors. Ledger stone fireplace surround, convenient built ins. Loft can be used as a 4th bedroom or easily converted. Poway School District including Park Village Elem, Mesa Verde MS, Westview HS. Close to parks, freeways and shopping.  SOLD for $730,000.
150036457
Goldfish
(Rancho Penasquitos)
SOLD
Highly desirable location on low traffic cul de sac. Convenient downstairs bedroom with full bath. Upgraded kitchen with granite counters & tumbled stone back splash. Decorator touches include neutral paint colors, 4″ baseboards, updated fireplace mantle. Downstairs and master baths updated w granite counters, decorator mirrors and custom sinks! Enormous backyard for entertaining and gardening! PUSD and close to parks, freeways, shopping. No HOA & soon to expire Mello Roos !  SOLD for $765,000.
150032094
Branicole
(Rancho Penasquitos)
SOLD
*Represented Buyer
WOW! Summer fun begins at this remodeled home perched at the end of a cul-de-sac with sweeping panoramic views and delightful freeform pool and spa. Forget the work–this house is done! Many new windows, distressed birch floors, farmhouse kitchen with new walnut butcher block island, new golden crystal granite tops throughout, new baseboard, new crown molding, new hardware and fixtures throughout, newly faux finished cabinets throughout, new carpet, new interior and exterior paint. SOLD for $840,000.
150032906
Sora
(Rancho Penasquitos)
SOLD
Prestigious Park Village home w/breath-taking westerly views! Premier location on low traffic cul de sac. Designer’s delight with newer cabinetry, granite, SS appliances, separate wine room & 2 wine chillers. Newer dual pane windows, shutters, crown molding, wrought iron stair railing. Gorgeous remodeled baths! Enjoy fireplaces in living room, family room and entertainer’s backyard. Convenient bedroom/office & full bath downstairs. Mesa Verde MS, Park Village Elem. SOLD for $875,000.
150042074-3
Carmel Creek
(Carmel Valley)
SOLD
Tranquility awaits you from the moment you enter this beautiful home. 3Bd+ built-in desk / work area up. A chef’s delight, completely upgr kit, solid wood cabinets in maple dove white, counter tops pearl blue granite, SS appl, quiet LG dishwasher, microwave w/convection oven, counter depth refrigerator space, newer sink, garbage disposal & faucets. Repl can lights w/ LED, added LED under cabinet lighting. Hardwood floors in downstairs and spare bdrm.  SOLD for $750,000.
150033958
Roselle
(Carmel Valley)
SOLD
*Represented Buyer
Just in time for Fall semester at outstanding Solana Ranch Elementary & Canyon Crest Academy. Light & airy, popular Portico Plan 1 on corner lot of friendly court. Immaculate condition. Convenient 1st floor br & bath. Tasteful upgrades include travertine flooring, custom window coverings, built-ins & storage, and a/c. Enjoy superb PHR lifestyle: rec center, pool, gym, walking trails & nearby shopping. Easy access to Del Mar beaches & coastal tech community.  SOLD for $890,000.
150040544
African Holly
(Carmel Valley)
SOLD
Wonderful Portico in Pacific Highlands Ranch, featuring beautiful wood floors, gourmet kitchen with large island, one bedroom and full bath on main floor with 3 others including lovely master suite with upgraded master bath. Outside enjoy one of the more spacious exterior patios with lovely fountain, glass rock fire pit and space to lounge. All this plus the amazing location within a short walk or drive to the new Pacific Highlands shopping center, top rated schools, freeways, beaches and so much more!  SOLD FOR $885,000.
150041617
Ruette De Mer
(East Del Mar)
SOLD
*Represented Buyer
This move-in ready home is located in a most wanting community – Palacio Del Mar, a resort style and gated community. When you entered this home, you will be greeted with a magnificent floor madeline, elegant chandelier, high ceiling, wood flooring and lots of nature light. The beautiful iron-railing staircase would also wow and amaze you. The kitchen is gorgeous with updated granite, center-island, cappuccino- color cabinet, stainless appliance and a wine cooler.  SOLD for $1,050,000.
150030733
San Augustine 
(East Del Mar)
SOLD
*Represented Buyer
Stunning 2,649 square foot 5 bedroom/3 bath home with 3 car garage sits on a large, private lot at the end of a cul-de-sac. Features a gourmet open concept kitchen with large island, stainless appliances & custom cabinetry, granite counter tops, maple wood floors, recessed lighting, upgraded bathrooms, a gorgeous pool and waterfall, jacuzzi, fire pit & professionally designed landscape. A must see, ideal for entertaining! A walk to award winning schools, parks & shopping.  SOLD for $1,061,500.
150030465-1
Chambord
(Carmel Valley)
SOLD
Seller will entertain offers between 1,098,000-1,148,000. Fabulous Soleil at Bordeaux w/wonderful upgrades inside & out! Gorgeous hardwood flooring & porcelin tiles, sparkling granite counters, s/s appliances, beautiful raised panel kitchen cabinetry, wonderful built-ins including Murphy bed/desk in dwnstrs bdrm (can be removed by seller if needed), full bdrm/bath downstairs w/3 bedrooms up plus large bonus rm, gorgeous marble master bath, tankless hot water, lovely private backyard w/large patio cover.  SOLD for $1,107,500.
150035078
Fairwind
(Carmel Valley)
SOLD
*Represented Buyer
Unobstructed Ocean Views, Cul-de-sac location, and no HOA! This 4 bed 4.5 bath home is located in the ideal Sansonnet neighborhood of Carmel Valley/ Torrey Hills. The home is walking distance to awarding winning Ocean Air Elementary, Ocean Air Park and many hiking trails. Grocery, restaurants, banks and coffee shops are also just a short stroll. Each bedroom is an en-suite and the first floor bed/bath has safety rails. Large yard features a built in BBQ. Loft on the upper level can be converted to a 5t.  SOLD for $1,325,000
150032023
Quaker Hill
(Carmel Valley)
SOLD
Highly desirable Belmont plan 4 featuring 5brms, one on main floor with private bath, & large upstairs bonus room. Lovely floor plan with neutral tones, double sided staircase, spacious kitchen with slab granite, center island & pantry. Beautiful master suite with fireplace, large bathroom & huge closet, upstairs laundry & much more! Outside enjoy private yard with plenty of room for entertainment. All this plus just a short walk or drive to top rated schools, parks, shopping, freeways & beaches.  SOLD for $1,282,000.
150026223
Woodchuck
(Scripps Ranch)
SOLD
*Represented Buyer
Spacious 5 bedroom home on a quiet Cul-De-Sac! Ideal for indoor/outdoor living and entertaining, it features an open floor plan, remodeled chef’s kitchen, large family room, french doors open to charming patio. Two level backyard with new patio and stone seating walls, beautiful fountain and wood pergolas. Master suite has a private balcony with views of the Eucalyptus trees. This home has all the extras, upstairs laundry room, 3car garage with tons of storage, wood floors, 5th bed makes a great office.  SOLD for $835,000.
150034774

Design Trends: Converted Garden Sheds

In this series, we’ll be taking a look at ways to get more square footage from your house…by going outside. Whether it’s converting an existing garden shed, barn, or detached garage or getting more use out of a casita or poolhouse, more and more people (especially in temperate climates) are looking to their backyards to solve their space problems. No room for an office, guest room, or man cave? By using what you already have or adding a prefab structure, you can get more square footage for a fraction of the cost of a home extension.

This month, we’ll be highlighting some awesome converted garden sheds to get you inspired to create extra space in your own backyard. With a little ingenuity and effort, you can transform your old shed into a beautiful, workable space!

(All images via our Pinterest)

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San Diego Real Estate Report: September 2015

August’s real estate market in review: As of August 2015, the average detached home in San Diego county sold for $550,000, down 2% from last month.
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As of August 2015, the average attached home (including condos, townhomes, and twinhomes) in San Diego county sold for $360,000.

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The average detached home in San Diego spent 34 days on the market, only a slight change from last month.

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Condos, twinhomes, and townhomes in San Diego spent 34 days on the market, on average.

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By now, you’ve probably heard the term “Seller’s Market” thrown around a lot to describe the San Diego Real Estate market. But how exactly do we know that? By evaluating the ratio of sales price to list price, we can determine whether the market is more favorable for buyers or sellers. The closer that ratio moves to 100, the more negotiating power the seller has to get their asking price. As that ratio moves away from 100, the more opportunity we see that a buyer has to negotiate on the price. Perhaps that means the home has been sitting on the market too long. Or maybe there are too many similarly priced properties on the market. If a seller can’t afford to wait for the price they want, they will have to make some concessions to the buyer…usually in the form of price.

So, as of August 2015, what kind of market are we in? In examining the data for all of San Diego County, we discover that we are still in a seller’s market, though the direction of the graph indicates that we may be moving towards a buyer’s market. On average, a seller of a detached home in San Diego County, receives 96.8% of the original list price at the close of sale, a fractional change from last month of 0.2%.

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As of August 2015, the owners of attached properties (condos, twinhomes, and townhomes) retained a consistent 97.2% of the original listing price.

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Finally, San Diego County overall is very low in inventory. This is due to a couple of factors:

  • some people feel their homes are still appreciating and are waiting to make further gains
  • some people are still underwater on their homes, meaning they owe more on the loan than the home is worth. This is improving, though.
  • some people are looking to move up, but feel that the market is pricing them out, so they’re waiting for prices to fall so they can afford to move up.

The inventory of homes in San Diego County has fallen a little. We would expect to see a bit of a drop, no matter the market conditions, after the summer months which are traditionally the busiest of the real estate year.

 

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Meanwhile, the supply of attached properties continues to decline.

 

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Are you interested in seeing this breakdown for your San Diego community or zipcode? Let us know!