Real Estate For Sale Palo Alto
Palo Alto House Prices
Palo Alto Homes For Sale
Do School Ratings Affect House Price Appreciation?
School ratings do affect house prices, but they do not appear to affect the appreciation rate.If you carefully compare adjacent cities, one with highly rated schools and one without highly rated schools, you will almost always see that the house prices in the city with the highly rated schools will be higher. However, if you look at the prices over time, the appreciation rate tracks between the two schools.An example of this is Cupertino vs. San Jose. Cupertino is well known for its highly rated schools. San Jose schools vary by neighborhood, but are not as uniformly as highly rated as Cupertino schools. View more examples and information about Silicon Valley schools. Learn much more about home prices at:Cupertino home prices San Jose home prices
Downtown Palo Alto Coffee
Sometimes it is worthwhile to look away from laws, trends, government policies etc. and think about what you enjoy. Something like walking to downtown Palo Alto, having a cup of coffee, then a little exercise can boost happiness.A very short video shows some delightful downtown Palo Alto coffee shops.More information about downtown Palo Alto and downtown Palo Alto real estate trends is available.
Who Is Buying Studio Or One Bedroom Condos?
The "Builders Remedy" is being used to demolish one-story buildings along El Camino Real at Curtner Ave in Palo Alto, and then build a 7-story high, 183-unit development. The proposed plans include 17 studio apartments, 68 one-bedroom apartments, 50 two-bedroom apartments, and 34 three-bedroom apartments. If you make the assumption that a family wants more than one bedroom, 85 of the units are for single people and 84 of the units are for families, who will settle for 1,100 sq.ft. or less. Is there really a shortage of housing for single people?Take a look at Palo Alto single-family house prices vs. Palo Alto condo prices.Condo prices in Palo Alto have been slowly declining since 2019 while house prices have climbed. It is probably only partly due to the smaller size of condos, but the distinction in price directions does point out that claims of increasing affordability problems for families are…
How Can I Sell My Home For The Most Money?
A common question is "How can I sell my home for the most?" Sharon Lee, the head of the listing department at JLee Realty, provided extensive ideas for you to think about.The first seven ideas are basic and are often mentioned even though many Silicon Valley real estate agents propose extensive remodeling, which is only rarely a good idea.Starting Point For Getting The Most When Selling Your HomeFresh paint.Repair any leaks.Replace light fixtures.Manicuring lawn, new mulch, clean yard.Replace hardware and fixtures.Replace high impact items on inspection report. Offer a repair credit at closing and include multiple estimates.Fixing flooring issues if it looks bad (significant wear and tear).Before doing extensive remodeling, visit https://sharon-lee-real-estate.com/selling-my-home-fast-and-for-more/ to see extensive ideas about getting the most when selling, then talk with Sharon 650-857-1000.
Protected Trees
It has become more and more critical to understand protected trees when buying a new home. Tree protection ordinances are specific to the city that created them. Although state law overrides city ordinances, do not simply assume that laws such as CA Civil Code 3479 protecting a property owner from the "obstruction to the free use of property so as to interfere with the comfortable enjoyment off ... property" will easily let you deal with a protected tree.Protected Trees in Palo AltoSee https://julianalee.com/reinfo/protected-trees.htm#tree-list for more details but a simplified list of protected trees in Palo Alto is:Any Bigleaf Maple, California Incense Cedar, Coast Live Oak, Blue Oak, California Black Oak, or Valley Oak that is 11.5" in diameter.Any Coast Redwood that is 18" in diameter.Any tree that is not a species listed as undesirable and is 15" in diameter.Removing a Protected TreeThere are specified allowed reasons for removing a protected…
Low DOM For Palo Alto Houses
Recently JLee Realty began plotting median days on market in addition to average days on market for homes for sale. The median plot emphasizes the change that began around 2012. The median days on market for Palo Alto real estate stays very low with only occasional bumps up.
Average Size Of Palo Alto House Sold Spikes Up
An unexpected change in Palo Alto real estate trends was spotted on Aug 23, 2023. The average size of houses sold spiked up dramatically to its highest ever quarterly value.Although the Palo Alto house price per sq. ft. did not change dramatically, the spike in average size created a spike in average Palo Alto house sales price.A similar spike up in average house size was seen in nine San Mateo County cities but not in any other Santa Clara County city. See extensive coverage of Palo Alto real estate.
New Townhouses Coming - Summerhill Homes
Summerhill Homes purchased a 2.4-acre site at 2850 W. Bayshore Road in Palo Alto for $27.5 million through an affiliate. The site currently has a single-story office building. Their proposed development would have 48 three-story townhouses. The rendering of the front of the townhouses is roughly similar to the Echelon Complex built by Summerhill Homes in 2009 at E. Meadow Cir. At the time of the purchase, the affiliate also obtained $45 million in financing.Townhouses in this W. Bayshore area have sold for between $1.5 million to a little over $2 million. Summerhill Homes is likely to see sales of roughly $100+ million for the project. Of course, the state of the real estate market at the time the townhouses are offered for sale will have a large impact. View South Palo Alto townhouse sale prices and trends. The site of the new townhouses is between Greer Park and W.…
Webinar/Seminar: Inheritance, Probate, & Prop 19
On Saturday, Sept 17, 2022, from 10-11am, JLee Realty will be hosting a combined webinar/seminar on many of the issues involved in setting up your real estate so that it can be inherited with as few expenses as possible. Probate, Inheritance, Proposition 19, and more will be discussed by John C. Martin, Esq. John is a State Bar of California certified specialist in estate planning, trust, and probate law. He has been practicing in Silicon Valley for over a decade but just opened his new office in Palo Alto.Please visit https://julianalee.com/seminar-rsvp/julianaleedotcom.htm for more details about this webinar and to RSVP.
Palo Alto Real Estate
