3845 Mumford Pl-- $1,495,000. Listed 1/31/13 (Denise Simons of Alain Pinel Realtors represents
the Seller) Sold for $1775K, COE 3/1/13
- 3 bedrooms, 2 bathrooms
- 1902sf living space on a 8500sf lot
- Large lot on quiet cul-de-sac, Updated kitchen with European cabinetry, Spacious master suite
I love the cork
flooring! This home has a variety of well-thought updates, one of which
is the cork flooring in the living room. Surprisingly for the 1954
vintage, the galvanized steel radiant heat floors are still functional!
110 Ferne Ave -- $689,000. Listed 1/31/13 (Leah Ball of Intero Real Estate represents
the Seller) Sold for $712K, COE 3/28/13
- 2 bedrooms, 2 bathrooms
- 1038sf living space on a 1224sf lot
- Custom maple cabinets, Granite in kitchen and baths, Designer tile and laminate flooring
I continue to find
these Palo Alto Eichler townhouses very attractive. This one could use
dual pane windows as it does back up to Alma, but you would surely use
the front patio. The convenient location at this price is hard to
resist.
Last summer we posted the Breezehouse tour by Sunset on the blog and some of you had a chance to see the modern pre-feb home first hand. We finally got to see it.
I firmly believe that
we are at the beginning of a new trend in housing -- prefab. Yes,
prefab homes have been around for quite a number of years but something
has been holding them back from more “mainstream” acceptance.
Sabrina
and I had a chance to tour this “Breezehouse” from Blu Homes in Napa
recently. Building your own home from online modules is a fun process,
and watching installation over 2 days must be equally exciting, but I
think there are many more benefits to a prefab home so here are some of
the things I learned.
Enter from the front door.
Typical lead time from
start to occupation runs about 9 months and 6-8 weeks of that time is
just spent on the permitting process. Most people already have the plot
of land selected before they start the prefab design process but that
is not a requirement. You can get your home started and while they are
building you can go out to find the land.
Enter from the garage side door.
A 5% “deposit of
intention” is due right at the start to get a project manager assigned
and engage the process. Another 5% is due when the final “contract for
drawings” is issued and 35% is due as “authorization to build”. The
financing end of modular/prefab homes has always been a challenge since
it’s hard to get a standard loan for something that is not attached to
land. However, there may be construction loans now that recognize and
support this building technique.
First floor has an office, a wine room, and a bathroom.
You should budget about
$50k - $80k for site costs, utilities and plumbing hookups, foundation,
etc. but I can say that I was very excited to see that Blu homes come
standard with radiant heat! The Breezhouse model we saw runs about
$585k for 2300sf, which seems very reasonable for the quality of home
you get!
Second floor has a kitchen, dining room, living room, Master bedroom with bathroom, 2 guest bedrooms and 2 bathrooms, laundry room.
Guest bedrooms and bathrooms
Master bedroom and bathroom
laundry room
Backside
The pot.
Given the controls you
have on design, material, labor costs, and schedule, I can see that this
style of pre-built homes will become more popular vs. build in place as
more people spread the word of their experience. Are you ready to give
it a try?!
Since
1994, Eichler Insights is the first and only newsletter that provides
Eichler specific sales statistics and market insight exclusively for
Eichler homeowners. In this issue we summarize the activities of 2012
and wow, what a year of growth! Look at this $$/square foot price
growth for 2012 and see the sales data compiled for all Eichlers sold in 2012.
Just
this week we have seen the first wave of Sunnyvale Eichlers hit the
market with 2 on Templeton and 1 on Sherwood Ct -- and multiple offers
are pushing prices even higher! Sherwood had 7 offers, and the
Templeton’s had 7 and 11 offers each. This certainly sets the tone for
what is likely to be another exciting year for Eichler homeowners.
When the time is near for you to sell your Eichler I can be reached at (408)-887-1821 -- where you can put my market knowledge and passion for Eichler homes to work for you!
955 Trophy Dr -- $1,275,000. Listed 1/20/13 (Ginny Zachow of Alain Pinel Realtors represents
the Seller) Sold for $1405K, COE 2/20/13
- 3 bedrooms, 2 bathrooms
- 1606sf living space on a 6000sf lot
- Dramatic contemporary home, Central atrium can be used as family room, den, or play area
For sure it is rare that an Eichler becomes available in this secluded
cluster of late-model homes, but even more so is finding one in such
pristine condition. Some might think that the kitchen cabinets are not
original but notice that they all match with both bathroom vanities.
Built in 1972, it seems that nothing has been updated save for a few
pendant globe lights. Swap out the dated ones for Nelson lamps and you
will have a striking Eichler.
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