November 12, 2005

THE REAL (ESTATE) STORY
By Larry Underhill

HOME OF THE WEEK this week is 1517 Camphor Way in Lodi’s Whispering Oaks neighborhood. For a good look at this fine home, flip to the cover page of this very missive! I remember marketing the Whispering Oaks project when it was brand-new. This particular model was far and away the most popular! In fact, Bennett Development had such success with it that they built a slightly modified version (The Bordeau) in their Wine Country subdivision in Woodbridge! The Bordeau proved to be the most popular floor plan in Bennett’s Wine Country project.

What makes this plan special? I think it’s the flow and openness of the design. The high ceilings and many features also contribute. On top of all this, the owners of 1517 Camphor Way have made this home one of the cleanest and best-presented homes I’ve had the pleasure of marketing! (It also helps that the price was just REDUCED to $459,950. For 2125 square feet, that puts the price-per-foot at under $217.00!). At this new price, this home should sell quickly.

IN OTHER NEWS, 2100 Corbin Lane is now priced at $369,950! This comfortable Westside home has just been upgraded and it shows VERY well. NEW 30-year composition roof! Newly-remodeled kitchen with tile counters, double sink, disposal, dishwasher, built-in microwave and oven! We have interested parties at the time of this writing, but nothing on paper as of now. Three bedrooms, two full baths, central heat and air, covered patio, nicely landscaped back yard…the list of amenities goes on and on. Vinewood schools, too! At this reduced price, it’s the best value in the area for this type of property. Don’t snooze…

DON’T GET the wrong idea about this real estate market: Homes are SELLING! However, with three times the listing inventory out there, proper pricing is all-important. On top of price, Sellers need to make an extra effort to make their homes stand out from the (increasing) competition. It’s a pleasure to have such nicely-presented homes in my listing inventory.

SPEAKING OF WHICH, let me tell you about a recently- upgraded modular home in popular Arbor Mobile Home Estates (Space 98). What a place! Upgraded kitchen cabinets! Glass-top electric range! New light fixtures! New Milgard vinyl-clad dual-pane windows! Huge storage shed with electricity! Oversized linen closet All this and more I haven’t mentioned for the REDUCED price of $84,500! A great value in a desirable area. Going, going…

LOTS OF NIBBLES, but no bites as of this writing: 424 Eureka is a charming duplex in nice neighborhood. Two-bedroom front unit with grassy yard and one-bedroom back unit with lawn and shade trees! Sellers are about to start an upgrade project on the two-bedroom unit which will make this property even a better value at $389,950.

LAST BUT NOT LEAST, 700 McCoy Court (Number 18) should have been SOLD by now! At the recently-reduced price of $189,950, this is an unbeatable value in an upgraded condo! From the remodeled kitchen to the tile floor and counter tops, this place is special! New kitchen range/oven! Fireplace in Living Room! Only a few steps to the detached one-car garage! This place is sharp.
Gotta go. Listing appointment! Have a great week. See you next Sat!