Well, let’s start off the new year with some good news; the economy has been growing for 68 straight months! What that means is that people are becoming more comfortable with spending instead of holding onto that rainy day fund.
Now for the bad news; outside forces are always threatening to destabilize that sense of security. Whether it comes from China, North Korea, ISIS, or the Soviet Union, economic and civil issues are looming large in folk’s minds right now, and the US Presidential candidates and Federal Reserve are no doubt keeping a close eye on the rest of the world and how potential outcomes might affect the world-wide economy, and the one nearer and dearer to ours hearts as well.
It’s a new year, and as we all look forward to week after week of presidential campaign ads, let’s try and remember those less fortunate than ourselves, and be as helpful as we can to and for our fellow man (and animal).
Fall leads into winter and winter into spring, but first, let’s dig into some delicious turkey and stuffing and have ourselves a get together! Calaveras County is a fantastic place to spend your Thanksgiving holiday. We have some gorgeous foliage in great abundance during the fall months, and just the right amount of crispness in the air to make those stylish scarves and winter coats and boots a necessity.
If you have a winter cabin or second home in the Motherlode, now is an excellent time to have it winterized if you don’t plan on using it soon. Cold winter mornings have played witness to thousands of broken pipes, leading to thousands of dollars worth or repairs or cleanup after a flood. Likewise, if you have your home for sale and it is currently sitting vacant, please give your real estate agent a call and ask her to arrange to have your property winterized for you. It generally doesn’t cost much more than $100 to have it done if you don’t want to do it yourself, and could potentially save thousands in the long run. Just remember, if you do happen to get one of those rare winter buyers, you’ll have to foot the bill to have the property de-winterized in order for them to be able to have inspections performed.
Seller’s Alert – NOW is the time to start getting your property ship-shape if you intend to list it this spring! Box up those personal decorative items – family pictures, kid’s artwork, unused kitchen and bathroom appliances, etc., and sell, give away, or toss anything you no longer need. HAVE INSPECTIONS PERFORMED! Having the answers a buyer is going to want to know ahead of time puts you ahead of the game and reinforces your asking price. If you need to have work done; termite and pest, roof, septic, well, etc., and you let the buyer know what to expect in regards to that work (ie. your listing price represents and takes into account that the buyer is expected to be responsible for cost of repairs, or that the seller will have repairs done prior to close of escrow), you have more leverage in negotiations where the buyer wants to haggle over the price. Yes, I know inspections can run into the hundreds, but is that really not just a drop in the bucket compared to the thousands in repairs or a suitable reduction in price if the buyer finds out he’s not really getting what he thought he was paying for when you leave that responsibility up to the buyer?
I usually recommend that my sellers have a whole home inspection (usually around $450) and a roof inspection if the roof is over 15 years old (somewhere around $150 for this one). If the home inspector finds evidence of pests or pest damage, I’d take it a step further and get a pest inspection as well. And see, here’s the deal: If you want to be able to sell your home to someone who wants to finance it, the lender is going to require that you or the buyer provides clearances for the septic, well, pest and/or roof from a licensed inspector in order to approve the loan. Otherwise, you are going to be limiting your buyer pool to only those with enough cash to close the deal… which could result in additional months sitting on the market and unnecessary additional carrying expense for you, the seller. And that’s a bummer. We don’t want bummed sellers, we want blissful sellers! So take my advice and have those inspections done ahead of time!
Meanwhile, I want to wish you all a warm, family and fun-filled Thanksgiving holiday with some fantastic Diestel Farms locally grown organic turkey, some home-made eggnog, lots of laughter and abundant good blessings, from my household to yours!
Autumn is upon us here in the foothills, and what a great time of year to be able to enjoy the lovely scenery and cooler weather in Calaveras County! If you were in town recently, you got a chance to enjoy one of our annual events here in Murphys; The Calaveras Grape Stomp and the Gold Rush Street Faire! The winners of this year’s contest called themselves The Grapeful Dead. The action took place in Murphys Park, and the street fair was on both sides of Main Street, which was closed from just past the bridge down to the antique plumbing supply company in the old IOOF building. Despite the wonderful weather we had for the event, it did seem not only to be smaller this year, but to not be as well attended as past events. Nevertheless, fun was had by all in attendance, it seemed, and there were some really cool items available for sale in support of the victims of the recent Butte Fire that ravaged over a 100 square miles of our beloved county.
Starting on Sunday, October 11, Moaning Caverns is having a Halloween themed event that runs through the rest of the month, and most, if not all, of the local wineries host a wine stroll through Murphys every weekend.
The Calaveras Community Band will be presenting their fall concert from 3 – 5 pm at the Performing Arts Center at Bret Harte High School on Sunday the 1st of November. The Calaveras Drum Circle will be meeting in Utica Park from 4:30 – 6 pm the same day. Bring a percussion instrument or borrow one of theirs!
On Thursday, November 5th, the 3rd Annual Wine Barrel Open golf tournament will be held at Greenhorn Creek Golf Course and Resort, where contestants will compete for a barrel full of award-winning local wines!
Then on Friday, the Hotel Leger at 8304 Main St. in Mokelumne Hill will be hosting Comedy Nite at the Hotel Leger from 8 – 10 pm. Make sure to bring your funny bone!
The 6th annual Day of the Dead Celebration will be held on Saturday, November 7th from 11 am- 6 pm at Murphys Community Park to celebrate the lives of those who have passed but are still with us in heart and spirit. On that same day, Columbia College will be holding the Sierra Nevada Film Festival starting at 5:15 pm.
On Sunday, November 15th, the Soroptimist International of Calaveras County will be hosting their annual Teddy Bear Tea with music, entertainment, and crafts at the Calaveras County Fairgrounds in the Frogtown hall from 1 – 4 pm. Attendees are encouraged to wear their favorite costumes and dress-up apparel. Fees are $15 for children 9 and under, and $27 for those over 10.
Here’s a listing of everything that has sold in Calaveras County (that was listed for sale in our MLS) with a home already on it over the last month: (You can click on the link for a more detailed copy of the information and pictures!).
246 Blair Mine Rd., Angels Camp, CA 95222 – listed at $409,000 – sold for $409,000 – DaysOnMarket = 98, 3 bedroom/2 bath, 1907 sq ft, 0.28 acres
3985 Paolini, Valley Springs, CA 95252 – listed at $419,900 – sold for $412,000 – DOM = 82, 4 br/2.5 ba, 3168 sq ft, 3.1 acres
2570 Navajo Dr., Dorrington, CA 95223 – listed at $429,500 – sold for $415,000 – DOM = 8, 3br/2.5 ba, 1920 sq ft, 0.5 acres
177 Oakridge Dr., Valley Springs, CA 95252 – listed at $459,000 – sold for $440,000 – DOM = 26, 3 br/3.5 ba, 2626 sq ft, 5.38 acres
5617 Indian Hills Rd., Murphys, CA 95247 – listed at $469,000 – sold for $445,000 – DOM = 18, 4 br/3 ba, 3828 sq ft, 5.3 acres
1759 Thunderbolt Trail, Arnold, CA 95223 – listed at $499,000 – sold for $460,000 – DOM = 59, 3 br/3.5 ba, 2533 sq ft, 1.36 acres
1198 Hanging Tree, Murphys, CA 95247 – listed at $499,000 – sold for $484,000 – DOM = 61, 3 br/2 ba, 1788 sq ft, 5.61 acres
116 Bloods Ridge Rd., Bear Valley, CA 95223 – listed at $519,000 – sold for $495,000 – DOM = 294, 5 br/4 ba, 2500 sq ft, 0.33 acres
663 Smith Flat Rd., Angels Camp, CA 95222 – listed at $529,000 – sold for $500,000 – DOM = 397, 3 br/2 ba, 2566 sq ft, .044 acres
3960 Meadow Oaks Dr., Valley Springs, CA 95252 – listed at $529,000 – sold for $510,000 – DOM = 142, 3br/3 ba, 2170 sq ft, 5.72 acres
2304 Dardanelle Vista, Dorrington, CA 95223 – listed at $549,500 – sold for $520,000 – DOM = 30, 3 br/2.5 ba, 2528 sq ft, 0.55 acres
1101 Cub Court, Arnold, CA 95223 – listed at $649,000 – sold for $640,000 – DOM = 22, 4 br/3 ba, 3560 sq ft, 1.0 acres
2491 Oak Creek Dr., Copperopolis, CA 95228 – listed at $699,000 – sold for $675,000 – DOM = 29, 3 br/3.5 ba, 3131 sq ft, 0.3 acres