Chico housing market Archives - The Jacobi Team, Century 21 Select Real Estate, Inc.

Have you thought about what makes your home so special?

It’s a good question to ask when you are thinking about selling.

What led you to purchase this home?

Highlighting the unique features and benefits of your home is essential in ensuring that it receives the value it deserves. To do this it is important to help your real estate professional get to know your home as well as you do.

Let’s explore – from your point of view as the owner – what might be most attractive about your property to a potential buyer.

1. What made you purchase this home? Was it location? Was the neighborhood special or is the home convenient to shopping? Are there natural features that enhance the area such as parks or streams? Is the home sitting on a corner lot with large trees? What were some of the specific things about this home that made it attractive?

2. Which features of the home have you enjoyed the most? Maybe the property has a pool in the backyard; outdoor grilling station and/or a fire pit. Could be the layout of the home – open floor plan, fireplace, indoor laundry. Maybe the kitchen is large and inviting. Could be the basement playroom.

3. What are the features that a typical buyer might miss when they walk through? Put yourself in the place of a buyer who is unfamiliar with the home and you were doing a guided tour. What special features would you point out? Walk-in closets? Extra deep cupboards? Built-in storage in the garage?

4. What other features or benefits should be highlighted? Your real estate agent will be of great help in suggesting what other ways your home will shine when it is listed.

Deciding to sell your home is a big decision. After all you bought it and enjoyed it and now you want someone else to see and appreciate all the cool features that you have over the years. Emmett and Kim Jacobi, The Jacobi Team, are experts in navigating the ins and outs of home selling and buying. Give them a call today.

Getting Ready To Sell Part Two

Addressing the home’s interior

Last week we looked at the exterior, now for the interior

It’s exciting to think about selling your home but it can be a little overwhelming. Where to begin? In last week’s post we looked at 10 points to think about regarding the exterior of the home. Let’s turn that same thinking to the interior of your home. Again, your budget and the time you can spend will determine how much of these things you can do. Doing all of them will ensure that your home is a shining star once it hits the market. Doing most of them will ensure that your home is ready for buyers to come and look and fall in love with your home. Doing none of them means you have to adjust your price to include an “as is” or “fixer-upper” sale.

Here goes, 10 points to consider for the interior in getting ready to sell:

1. Get a storage unit or clear a space in your garage and start packing! It’s time to declutter and open up the space. Pack up all knick-knacks, personal photos, clutter, etc. Your goal is to have your bookshelves, closets and surfaces have barely anything on or in them. Kitchen and bathroom counters need to be completely bare except for hand soap. You want potential buyers to see the home and envision themselves living there.

2. Replace any burned out bulbs or faulty light switches. If a prospective buyer goes to turn on a light and it doesn’t turn on because of a burnt out bulb, they may think the worst and figure there’s something wrong with the electric system in your home. You might consider getting a whole house inspection done to find out all the little things that could be fixed. A buyer usually gets a whole house inspection but if you get to it first then they won’t have anything to request from you to fix during escrow.

3. Pet or smoke odors can lose you thousands of dollars off the sale of your home, so if you have a pet or you smoke, consider waiting to deep clean the home until a week before your home goes on the market and then the cleaning smells will be fresh for the rush of buyers when they come the first couple weeks.

4. Deep clean the entire house: windows, sills, blinds, curtains, carpet, cabinets, walls, baseboards, trim, ceiling fans, surfaces, tub and toilet stains, grout stains, etc. And remember the oven! Consider having your carpets professionally cleaned and have any sections that have stains or rips repaired. If your budget allows, hire professional cleaners to come in and do the deep cleaning.

5. No cobwebs anywhere. Especially just before open houses or showings, take a duster and go over everything.

6. Paint brightly colored walls a neutral color like beige, sand or off white. This will help prospective buyers to better imagine their own color schemes in the home.

7. Patch and paint any holes. This is a good task to do just prior to deep cleaning.

8. Repair leaky faucets, loose doorknobs, cabinets that don’t close all the way, etc.

9. Small updates that pack a big punch could include new, modern faucets in kitchen and bath; newer, modern ceiling fans and light fixtures; new throw pillows and area rugs and new towels for the bathroom.

10. If your home is in the City of Chico and was built prior to 1991 and you bought it more than 10 years ago then you will need to ensure that you have R30 ceiling insulation in order to sell your home. The buyer can take responsibility for that but that is something that the typical buyer will expect a seller to do. So if you do it ahead of time then you will be better off. This is something you can discuss with your real estate agent.

There are many ins and outs to getting a home ready to put on the market. Emmett and Kim Jacobi – The Jacobi Team – are experts in navigating the intricacies of selling a home and also of buying a home. Contact them today to start a conversation.

Getting Ready To Sell

First Let’s Look Outside

We’ll look at the interior in next week’s post.

Getting ready to sell your home? Here are 10 points to think about. Your budget and time will help you to prioritize the list and help you to make decisions on which items can actually be done. Doing all of them will ensure that your home is a shining star once it hits the market. Doing most of them will ensure that your home is ready for buyers to come and look and fall in love with your home. Doing none? Well that means you may need to adjust your price to make it an “as is” or “fixer-upper” sale.

Okay, here we go, a 10 point to-do list for the exterior:

1. Landscaping: pull weeds, trim bushes and trees and mow the lawn. For a finished look to the flower beds add fresh bark and a pop of color with some annuals planted near the front door.

2. Power wash the exterior and touch up areas of peeling paint. If you can afford it, paint the whole exterior if your home hasn’t been painted in over 10 years. Make sure all cobwebs are removed from the exterior at the very least. Shake out the welcome mat and dust down the front door.

3. Clean all the windows and replace any broken or missing screens. If you have windows that are cracked – or missing – have them replaced if you can. The windows are the eyes of the home and you want yours shining brightly.

4. Get a roof inspection if your roof is over 15 years old. Get any repairs done that will ensure that a buyer can get a loan on the home.

5. Get a pest inspection done and have all dry rot and wood destroying pest issues addressed. This will ensure that a buyer can get a loan on your home as well.

6. If you have a septic system and are not connected to city sewer, ensure that your septic tank is pumped and inspected. If the inspection shows major problems with the septic and you do not have the money to fix it, ask your real estate agent about a “buyers a credit” to go towards septic repair.

7. Replace any missing or broken bricks, pavers, shingles or stones anywhere on the exterior or walkways. Now is a good time to look at the driveway – is it cracked? Buckled? If you can afford to, give your driveway some loving attention as it will increase the curb appeal of the home.

8. If you have a chimney make sure there is a properly installed chimney cap. The roofer can do that when he goes up to do his inspection. There are many points to be considered about chimneys, here’s an interesting article.

9. If your heating and air system is older than 15 years consider having it serviced and inspected. You might consider have the home’s ducts checked, cleaned and repaired if needed.

10. Does your property have fencing? If so, take a walk around and check for possible wear or damage. Maybe all that is needed are a few new boards here or there. Or, if you can afford it, you may need a whole new fence. Broken down fences can be a negative to a buyer, whereas a newly painted, repaired fence can make the property look loved and cared for and increases its value.

There is much to consider when thinking about getting a home ready for sale. Emmett and Kim Jacobi, The Jacobi Team, are experts at helping people navigate the ins and outs of home selling. Contact them today.

Looking for a new home?

How do you know what you’re looking for?

Here’s a helpful checklist to give you some ideas.

Let’s run through a fun scenario. Let’s imagine you and your partner are relocating to this nice Northern California community and need to find a home. Or your family is growing and you need a larger home. This checklist also works if you are a couple whose chicks have left the nest and you now need to downsize. Regardless of your situation, you’ve decided a change is necessary. In all these cases, how do you know what to look for?

First set up three categories of priorities: what the home must have, what you would prefer and what you would be willing to be flexible on.

For the building itself are you looking for a single story home or one with two levels? What kind of square footage? Is the year it was built important? What about whether or not it has been recently updated? Is it important to you that it be move-in ready or are you good with a “fixer-upper?” Do you need the home to have a garage? One car or two?

Does the property need to have a yard? Front yard and back yard? Size of yards? Do you want the property to have fencing? What about patios and/or decking? Do you need to have a home that has a pool? Space to park an RV? Would a property that has outbuildings such as a shop or storage shed increase its interest for you?

How many bedrooms do you want? How many bathrooms? Is an indoor laundry room important? What about a den or office space? Do you want a dining area or is a breakfast nook sufficient? Does your lifestyle dictate that the home have a formal dining area? A formal living room? Do you need a great room?

What about flooring? Is carpeting important to you or are you looking for hardwood floors? Would dual pane windows be a must have?

Is a fireplace important? What are your requirements for heating and air? Septic or sewer? City water or well?

Once you’ve made a preliminary list of the must haves, the what you’d prefer and what you would be flexible on, take a look at the current market and see what is available. When you’re ready to do some serious house searching, find a realtor you can trust. With a real estate agent to guide you, look online and visit open houses. See what “must haves” may need to be moved to the “flexible” category. Your realtor can help to narrow down your favorite areas of town based upon what you want in a new home.

Home buying can seem a daunting task. However, if you hone in on what is most important to you it will make shopping for a new home more enjoyable.

Emmett and Kim Jacobi, The Jacobi Team, can help you develop a checklist that highlights and includes exactly what you want in a new home. Contact them today to begin a conversation.

Taking on a fixer upper?

The real deal on TV home-remodeling shows

By Stephanie Brick, posted on the Washington Post website Click here to see original post
Oct. 22, 2018 at 5:00 a.m. PDT

It is no surprise that reality television is rarely a representation of reality. How genuinely can anyone act (no pun intended) with a crew of cameras and microphones within arm’s reach? From scripted dialogue to behind-the-scenes staging, reality TV has seeped into nearly every corner of the market, and home remodeling is no exception.

Through the evolution of television, facts and fiction have generally known their respective places and, even if commingled, remained distinct from each other. Historically, there has been a differentiating line between programming intended for entertainment and programming intended for information.

Blurred lines

The difficulty is that the television industry has increasingly blurred the line between shows designed for entertainment and shows designed for education. Channels such as TLC (which once stood for “The Learning Channel”), HGTV, and even the Weather Channel and various news syndicates used to be defined by either their informative or educational programs. Now, however, they are more entertainment than information channels: You are more likely to tune in to facts or reality — when it is even presented — encased by opinions, drama, heavy editing or outright inaccurate data.

How we process information changes when that entertainment/education line is blurred — specifically, when programs designed for entertainment start introducing elements of their show as factual (or vice versa). It is a sneaky way to tip the scales: The entire show is easy to register as entertainment. So when little “facts” or context-specific truths work their way in, we have our guard down and accept them, often without even thinking about it. At times, almost insidiously, these programs start to rebalance themselves in our minds as mildly educational. This is the danger zone of misinformation.

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As a design professional, I believe one of my responsibilities is to help educate my clients. Despite living in the information age, we are surrounded by misinformation — and it can be nearly impossible to differentiate between the two without proper guidance. I see the source of this problem regularly when I tune in to shows about remodeling. So how can you tell what is true to the screen and what may be — directly or indirectly — propagating misinformation?

When it comes to home-remodeling reality TV, context is everything.

First consider the context of the home: Where is it located?

In some renovation shows, the city, state or even country (a surprising number that air in the United States are produced in Canada) are omitted. This becomes a honey pot for misinformation when numbers are then, inevitably, discussed.

Pricing for materials, labor and overall project budgets are not consistent across the United States, and any dollar amount needs context to have value. A $50,000 budget will yield wildly different results for a project in the heart of an East Coast city than it will in a Midwestern suburb. Always think to question where a project is located if numbers are discussed on a remodeling show.

It should also be noted that budget and total project costs may be influenced by the channel paying its regular and/or guest cast members each episode. (Do you think the designers, contractors and homeowners are only receiving 15 minutes of fame as compensation?)

Next, consider the episode in the context of its series.

Does it follow a formula? Confident designer makes lofty promises on seemingly low budget; problems are discovered during demolition; lofty scope must be dramatically reduced “to resolve discovered problem” or an egregious budget increase is required . . . every time.

To their credit, many of these shows do an excellent job communicating this true reality: Once construction has started, sometimes hidden or unknown existing conditions are revealed that warrant (or require) an unexpected increase in scope — which results in an increase in cost.

For instance, disintegrating pipelines or tangled DIY electrical work behind drywall usually cannot be detected — or accounted for — ahead of time. (As I tell my clients, we are still working on X-ray vision technology.)

However, this does not happen with every single household or project. So if you notice it happening — on a dramatic scale — during every episode of a reality TV show, recognize this consistently injected drama for what it is: a real representation of renovation risks? Perhaps. An excuse to get out of building that third-story addition that was never even close to realistic for the proposed, yet accepted, budget? Definitely.

Third, what is the context of the final results you are seeing?

Extravagant scopes on extremely short timelines are simply unrealistic. In theory, you could hire a huge workforce — but have you ever tried to find more than one really good craftsman or contractor to work on your home? How about a hundred? Even with the best of laborers, tight timelines rarely set anyone up for quality success.

In recent years, the grand unveiling of these finished houses have been quietly revealed as — sometimes — just grand shams, showcasing a meticulously composed staging. What you see is a beautiful, furnished, finished space, but just beyond the camera’s precisely calculated pan is an unfinished room and incomplete home.

Not knowing a project’s geographic context can lead to a misperception of budget and costs. Having only the pinhole sightline of a camera’s view can lead to unrealistic timeline expectations — even if just as an indirect, trickle-down effect.

We all know building a custom home from scratch in a week is unrealistic under normal circumstances. But does it not still, despite this acknowledgment, make three weeks for a bathroom remodel seem a little longer than it should be?

Whether or not your project is filmed by a crew and broadcast to the world, all architecture projects are governed by three factors: time, money and quality. If you are lucky, pick any two — speedy schedule, low cost, genuine craftsmanship — at the sacrifice of the third.

Many home-remodeling TV shows seem to deliver all three. These may be excellent sources for entertainment but should be recognized as poor sources of information.

Stephanie Brick is the owner of Stephanie Brick Design in Baltimore.

A Note from the Jacobi Team’s Kim Jacobi: Hey! We hope you stick around on our website and check it out! You can search for homes, sign up for our newsletter, and more!

Electric Floor Heating

Radiant floor heating systems heat a room by means of a system of pipes or wires that run beneath the surface flooring to gently radiate heat upward into the room. Such systems offer a good way to heat a room addition where it is difficult to extend existing HVAC ductwork, and they are especially effective on flooring surfaces that are naturally cool to the touch, such as stone, concrete, or ceramic tile. Radiant floors can also be a good choice in large, tall rooms since the heat source emanates at floor level, where the heating is most needed. And particularly in rooms where you walk with bare feet (the prime example is a bathroom), a radiant floor makes for unparalleled comfort.

Radiant floor systems come in several styles, but one of the most popular is the electric system, in which a wire mesh or loops of individual wires run across the floor beneath the surface, creating warmth by means of the natural resistance occurring as electricity flows through the metal wires.

Anatomy of an Electric Radiant Floor Heating System

The principle of radiant floor heating has been around for centuries. In ancient Rome, for example, many public buildings had a system of tunnels beneath stone floors that circulated air warmed by wood-burning fires. In the modern electric adaptation, thin heating cables installed under surface flooring—most commonly ceramic tile—heat the floor much the way an electric blanket works. Typically they are operated by their own 15- or 20-amp electrical circuit controlled by a wall thermostat. Often such systems are used to provide supplemental heat and are installed during remodeling projects.

Most electric radiant floors involve laying strips of electrical matting across the subfloor, linked together and connected to an electrical circuit and line-voltage thermostat, and secured in place by a covering of thin-set mortar. The surface floor covering is installed over the electrical matts. In these matt systems, you can cut pieces to size to fit irregular areas, although it is generally better to use full-sized mats. Ideally, the mats cover most of the floor, but it is also possible to confine the heating to areas where you usually walk. In other systems, individual wires are looped across the bathroom floor about 3 inches apart and secured by thin-set adhesive. For ceramic or stone tile floors, the electrical mats or wires are installed over the cement board underlayment, over which the ceramic tile is then laid.

Pros

Electric radiant heating systems buried within thermal masses (such as between cement board and ceramic tile) can retain heat for a long time, even after the power is turned off.

Electric radiant floor systems offer a discreet way of heating a floor. With the right temperature setting, it is difficult to even detect that the radiant heat is operating.

The systems can help reduce overall heating costs—your HVAC or space heaters do not have to operate as hard to heat up the room.

These systems are ideal for use under naturally cool surfaces, such as ceramic and stone tile or on concrete slabs.

Electric systems are easy to install during remodeling projects.

Radiant system, in general, are more cost-effective than other means of electric supplemental heating, such as space heaters.

Electrical systems are the most DIY-friendly of the radiant floor options.

Cons

These systems are difficult to install retroactively, as the floor covering must be removed. They are most practical during new construction or during major remodeling projects.

They are more effective at warming the floor surface “to the touch,” rather than heating the entire room (though it is possible to use radiant floor heating as your primary heat source).

For whole-home use, electrical systems are more expensive to operate than warm-water radiant heating.

Broken wires are trapped between flooring surfaces and are difficult to repair.

Radiant floor heating is less effective under carpeting, hardwood, or vinyl since heat can be trapped between the insulating surface layer and the subfloor.

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Costs

You can expect to pay at least $8 per square foot at a minimum for the materials for an electric radiant floor. For estimating purposes, $10 to $12 per square foot is a safe number to use for materials alone. On average, for professional installation plus materials, plan on spending about $16 per square foot.

While it depends on where you are located and the cost of electricity there, you can figure on operating costs of about $0.50 to $1.00 per day for an 8 x 10-foot bathroom, if the system runs 24 hours a day (regulated by thermostat). When operated 8 hours a day, costs run about $0.25 to $0.35 per day for the same 8 x 10-foot bathroom.

Alternate Forms of Radiant Floor Heating

Less common but also available is the hydronic (hot water) radiant floor system. In hydronic systems, tubes of water warmed by a central boiler or hot water heater circulate beneath the floor. Hydronic radiant floor systems are more typically used in new construction for creation of whole-house heating systems. Installation costs are considerably higher than for other central heating systems, but hydronic radiant systems are extremely efficient and offer much lower ongoing operating costs—about one-third that of forced air systems.

Written by Lee Wallender; found on thespruce.com website

Hi from Emmett and Kim! We are a husband and wife real estate team here in Chico, CA with Century 21 Select Real Estate. If you have any questions about buying or selling a home, or any other home related questions, please reach out to us! We hope you stick around and check out our website. You can search homes for sale, get local market reports, and more!