CBW April Home Simplicity eMagazine

APRIL 2021

homeofthemonth MID-CENTURY MODERN BEAUTY IN MISSION HILLS 5 40 OT SEGO D R I V E

To renovate OR not to renovate

t r en d watch The Evolution of Homes Styles

©2021 Coldwell Banker West. All Rights Reserved. Coldwell Banker West fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. DRE# 01481919

YOUR LUXURY

CORONADO

5 BR | 4 FULL + 2 HALF BA | 6,451 ESF

An exclusive architecturally designed bayfront masterpiece situated in Cays premier. The sophisticated yet practical design compliments the unrivaled views of San Diego.

MLS# 210001616

$8,200,000

FAIRBANKS RANCH

4 BR | 4.5 BA | 6,000 ESF

Stunning single-level masterpiece built in 2014 by custom home builder Richard Doan located in the highly sought after gated community of Fairbanks Ranch.

MLS# NDP2000878

$4,750,000

H O M E A WA I T S | C O L D W E L L B A N K E R L U X U R Y . C O M

LA JOLLA ALTA

4 BR | 3.5 BA | 3,700 ESF

Fabulous single-level contemporary with glorious ocean and night light views. This open floor plan with oak wood floors, gated entry, 2.5 car garage is move-in ready.

MLS# 200053389

$3,950,000

DOWNTOWN

3 BR | 3 BA | 2,034 ESF

Experience the breathtaking views of Downtown and the Bay at this condo!

Features include a yacht share, concierge services, & a movie theater with a private bar.

MLS# PTP2100052

$3,650,000

CORONADO

3 BR | 3.5 BA | 3,774 ESF

An organic luxury retreat awaits you in the heart of Coronado. Step into this truly one of a kind Indonesian inspired villa and step out of the ordinary.

MLS# PTP2100215

$3,595,000

MANHATTAN BEACH

4 BR | 3.5 BA | 2,050 ESF

Looking for a home office with its own entrance and parking space? This fabulous OCEAN VIEW home boasts 4 bedrooms, 2 huge balconies, and a sunny and bright corner lot.

MLS# NDP2101960

$3,000,000

homeofthemonth

54 0 Ots eg o D r i v e MIS S ION H I L L S

T HE DETAI LS: 6 B E D R O O M S | 5 BATHR O O M S | 3,820 ES F

MI D - CE N TU RY

modern beauty 5 40 OT SEG O DR I V E A stunning LEED Gold Certified mid-century moderninspired home designed and built by award-winning firm Nakhshab Development & Design. Set among the picturesque treetops offering luxurious amenities and a unique layout that blends open-concept interior with expansive outdoor entertaining spaces.

This home is a must-see with abundant high-end finishes and features including a fireplace, master bath, custom cabinetry, retractable patio doors, and a 70-foot wall of glass along the front. A large patio off the main living area and adjoining 2,000 square foot rooftop deck provide ample outdoor entertaining space while the home’s open-concept floor plan provides equally generous indoor entertaining areas. A mostly singlelevel residence, the home offers a direct elevator and stair access from the street level to the main floor which includes a stateof-the-art kitchen, living room, family room, 6 bedrooms, and 5 bathrooms. Two additional bonus rooms, including one with private access from the street for clients/guests, are housed on separate lower levels.

BONITA 5 BR | 5 BA | 2,821 ESF

Private gated custom home on an acre!

Beautiful mountain, valley, and golf course views! Featuring no HOA or Mello roos, a chef’s kitchen, private casita, and more.

MLS# PTP2101246

$1,599,900 - $1,649,900

BONITA 6 BR | 3.5 BA | 3,058 ESF

Nestled amongst trees and tucked away on a peaceful and private cul-de-sac, this home is located in the highly coveted community of Bonita and offers all the pride of ownership.

MLS# PTP2100024

$999,000

CARDIFF BY THE SEA 3 BR | 2 BA | 1,419 ESF

Beach living at its best! This home offers ocean views, a prime location with great surf and beaches just a stones throw away, and a generous entertainer’s patio/courtyard.

MLS# 210007229

$1,200,000

CHULA VISTA 5 BR | 3.5 BA | 3,390 ESF

Located in the coveted Pepper Tree neighborhood, this stunning single-story mid-century modern estate known as the Lincoff Residence sits on half an acre.

MLS# 210007475

$1,485,000 - 1,585,000

CHULA VISTA 5 BR | 2.5 BA | 2,752 ESF

Look at this beautiful mid-century inspired home with contemporary features and a lowmaintenance yard with ample room for parties, a future pool, soccer area, or more.

MLS# 210007024

$1,400,000

CHULA VISTA 3 BR | 2 BA | 2,033 ESF

This home is perfect for anyone who has ambitions to build or create ADU casitas and/ or a studio. The property itself is a single family home that has been split in two.

MLS# 210007868

$985,000

CLAIREMONT 4 BR | 2 BA | 1,720 ESF

Pristine single-level home in the sought-after Bay Ho neighborhood of Villa Marina. Located on a cul-de-sac street with partial bay views from the pool area and bedrooms.

MLS# 210007795

$1,249,000

CORONADO 2 BR | 2 BA | 896 ESF

Premier end-unit with 210° views spanning from Downtown San Diego, Bay Bridge, Coronado Golf Course, Glorietta Bay, to the Pacific Ocean and Hotel Del! MLS# PTP2100036

$1,500,000

DOWNTOWN 2 BR | 2 BA | 1,514 ESF

This luxury residence is located in the prestigious Columbia District in Downtown San Diego. Experience ultimate downtown living with resort-like amenities.

MLS# PTP2101112

$1,100,000

EASTLAKE WOODS 4 BR | 4.5 BA | 4,249 ESF

Welcome to this beautiful executive-style home located on an oversized corner lot, on a cul-de-sac in the prestigious Eastlake Woods neighborhood.

MLS# PTP2101724

$1,195,000 - $1,245,000

EL CAJON 4 BR | 3 BA | 3,297 ESF

Enjoy a cup of coffee from your home overlooking Sycuan Golf Course! This estate boasts a stunning and memorable grand entry and exceptional finishes throughout.

MLS# 210004903

$1,400,000

ESCONDIDO 3 BR | 2 FULL + 2 HALF BA | 4,880 ESF

Incredible Mediterranean-style estate in the highly sought after gated community of Rimrock with breathtaking panoramic canyon views.

MLS# PTP2100625

$1,485,000

JAMUL 4 BR | 3.5 BA | 3,915 ESF

This spectacular single-story Mediterranean Villa in the upscale gated golf course community of Steele Canyon. Relax in the backyard and take in the gorgeous views.

MLS# 210001105

$1,599,000

LA COSTA 4 BR | 3 FULL + 2 HALF BA | 4,260 ESF

This custom built home offers a four person elevator to every level and a steam room. The master bedroom has a private sitting area as well as forever views.

MLS# 200052845

$1,650,000

LA MESA 4 BR | 2 BA | 2,647 ESF

Stately mansion situated on a hill with the most majestic panoramic views of the mountains and valley. Enjoy the most beautiful exotic gardens from the private courtyard.

MLS# PTP2102012

$1,099,900

MT. HELIX 4 BR | 4 BA | 4,029 ESF

Highly sought-after Mt. Helix Spanish-inspired home on private 0.73 acre lot with expansive panoramic views from almost every room! This is truly a must-see!

MLS# 210002403

$1,275,000

MT. HELIX 4 BR | 3.5 BA | 2,835 ESF

Reminiscent of a Palm Springs mid-century estate, this single-level home in the prized Horizon Hills/Mt. Helix area offers peace & privacy on nearly an acre of land!

MLS# PTP2101829

$979,000

MURRIETA 4 BR | 2.5 BA | 2,361 ESF

Beautiful 2.65 acre property with loads of opportunity for development potential.

Currently large Victorian-style home with separate 700 ESF granny flat in rear of lot.

MLS# 200042759

$1,549,000

PACIFIC BEACH 2 BR | 2 BA | 1,353 ESF

Gorgeous sought-after complex in Pacific Beach with panoramic views of Mission Bay! Walk across the parking to the condo and steps to the pool and bay.

MLS# 210004347

$1,295,000

PACIFIC HIGHLANDS 5 BR | 4.5 BA | 3,936 ESF

This contemporary sleek house offers a master suite with a balcony and an attached casita (One bedroom/full bathroom with a living room) and its own private entrance.

MLS# PTP2101981

$1,099,000

POWAY 4 BR | 3 BA | 2,227 ESF

Highly sought-after Poway home features fully owned solar and is situated near trails with a secluded & private backyard. Featuring no neighbors behind on a spacious 1/3-acre lot!

MLS# 210007683

$1,099,000

RAMONA 4 BR | 3.5 BA | 3,525 ESF

Pyramid Vineyard on 8.49 acres, approx.

1,700 vines of wine. Property has a main home, ranch home, milk barn/worshop, and tasting room.

MLS# 200053913

$1,200,000

RANCHO BERNARDO 3 BR | 2.5 BA | 2,443 ESF

Spacious Westwood Valley Legends home offering views and a PRIME LOCATION on a secluded cul-de-sac. Freshly painted interior is ready for your custom design.

MLS# 210007725

$965,000 - $995,000

ROLLING HILLS RANCH 5 BR | 3.5 BA | 3,820 ESF

Gorgeous corner lot! Massive upgrades feature lush landscaping, a pool & spa, a detached patio, and an outdoor kitchen & BBQ area! Boasting a large open floor plan.

MLS# PTP2101878

$1,249,900 - $1,324,900

SANTEE 6 BR | 4 BA | 1,876 ESF

Simply stunning Spanish home that is fully renovated. Sunset, ocean, and canyon views.

Located on one of West University Heights’ most coveted cul-de-sac streets.

MLS# 210005688

$999,000 - $1,250,000

SOLANA BEACH 2 BR | 2 BA | 1,415 ESF

A fabulous one-story home in the most desirable area of North County. Offering a great location, end unit, with peekaboo views to the ocean.

MLS# NDP2102275

$950,000

UNIVERSITY HEIGHTS 4 BR | 4 BA | 1,910 ESF

Simply stunning Spanish home that is fully renovated sunset & offers ocean and canyon views. Located one of West University Heights’ most coveted cul-de-sac streets.

MLS# 210007185

$1,550,000

t ren d watch The Evolution of Home Styles When you’ve been in the same business for over 27 years, chances are you have seen more than your fair share of trends. Beloved real estate icon Jade Mills has watched the Beverly Hills real estate market cycle through a number of home styles.

Contemporary. Spanish. Cape Cod. What’s on Beverly Hills homebuyers’ most-wanted list right now? “Warm contemporary,” she says.

It’s not surprising that Mills has spotted this latest evolution of home styles to hit the palm-tree-lined streets of 90210 — long considered the epicenter of luxury. After all, you don’t get to be called “the five billion woman” without being able to recognize specific buying patterns before anyone else does. (“You need to know clients, what they like and what is luxury to them,” she is fond of saying.) She recently surpassed an astounding $5 billion in career sales — the highest sales volume on record of any agent in Coldwell Banker history.

Not surprisingly, she is the No. 1 real estate agent in the nation for the Coldwell Banker brand and for all brokerages nationwide. She counts A-list celebrities, tech founders and some of our nation’s most prominent business leaders as clients, plus a long list of exclusive and historic sales, including the Playboy Mansion. There is no other professional that could be better positioned to know what’s new and next in luxury real estate.

To get a better handle on what’s trending in the nation’s most famous luxury ZIP code, we recently sat down with Mills in Las Vegas.

Coldwell Banker Global Luxury: What’s been the most inte this year?

Jade Mills: Home style changes. Buyers are preferring a d are moving away from the modern “white boxes” and “organic” and “farmhouse” style.

Coldwell Banker Global Luxury: When did you begin to n

Jade Mills: I think about a year ago people started saying we don’t want a cold look.” More buyers today are looking floors and wood ceilings and warmer finishes.

Coldwell interestin Karen Y farmhou

Jade Mi style do Valley ar probabl style. No South. home w simple f farmhou

eresting trend you’ve observed

different home style now. They moving towards more of an

notice this shift?

g, “We love contemporary, but g for a warmer look, like wood

l Banker Global Luxury: It’s ng — Christopher Fling and Yang also noted the modern use as a trend in Silicon Valley.

ills: The modern farmhouse oes have a lot of appeal. Napa rchitect Howard Backen was ly the first to popularize the ow the trend has made its way It’s more of a contemporary with the traits of farmhouse — forms, high-pitched ceilings, a use sink, organic materials.

Coldwell Banker Global Luxury: How have you seen the trend play out, and where?

Jade Mills: If you had a view, then that was the most important part of buying the modern white boxes. Today, buyers want a little land. Of course, if they had their way, they would have a view and land, but that is hard to get in Los Angeles! So, buyers are looking for a little land that either already has a warm contemporary home or they plan to build one. One example that comes to my mind is the Brad Grey house, set on two acres on Carolwood Drive in Holmby Hills. The original 1930s house was torn down to make way for a modern farmhouse-style mansion designed by Howard Backen. Owlwood is another large piece of land, which rests on approximately 10 acres in Holmby Hills. Some potential buyers have had the idea of keeping the existing main house, and building a new house on the other lot. So, I would say the trend is playing out predominantly in Westside neighborhoods with large lots. It is difficult to transform a Trousdale home into a farmhouse because you can build only one story in Trousdale, unless they are grandfathered in.

The Evolution of Homes Style

Coldwell Banker Global Luxury: What are some of the driving forces behind this trend?

Jade Mills: For a while, the trend was a more minimalistic style with all white, white counters and floors.

Some buyers then began to regard this as cold or even hospital-like. Now it is changing. We remember when everyone wanted old Spanish-style homes 12-15 years ago. It’s just like every trend; it’s cyclical. I think one of the key things driving the warm contemporary trend is that people are looking for a more comfortable way of living. The super contemporary homes are harder to live in. Buyers now want a homier feeling for their children and grandchildren. Some clients who have built large homes are realizing that they don’t use some of the space, such as the movie theater or spa.

Coldwell Banker Global Luxury: What are the demographics of buyers who are gravitating towards these warmer styles?

Jade Mills: It has appeal across the board. The younger buyers are still wanting the Sunset Strip. But they don’t want that sexy white box anymore. Even the young bachelors seem to want warmer contemporary spaces. That said, there are buyers for every lifestyle. It’s all about finding the right buyer. We always find the right buyer for our listings, even if it might take some time.

Coldwell Banker Global Luxury: From your perspective, why do you think this concept is particularly interesting to see play out in Beverly Hills?

Jade Mills: Style is just a trend. When I first came into the business, people loved mid-century contemporary. Then the trend seemed to move to old Spanish style. Then the traditional Hamptons style came into popularity and everyone loved Traditional. We’re going through another change now.

Coldwell Banker Global Luxury: Where do you see luxury home design going next? Do you think traditional styles will come back in vogue at some point?

Jade Mills: Since I love Hollywood Regency or French Traditional, I’m hoping those styles will come back next. I love both styles. I’m feeling that we are trending towards these more traditional styles.

Source: Trend Watch: The Evolution of Homes Styles ( 5.3.19). Coldwell Banker Global Luxury. https://blog.coldwellbankerluxury.com/trend-watch-theevolution-of-homes-styles/

4S RANCH 3 BR | 2 BA | 1,972 ESF

ALPINE 4 BR | 3 BA | 2,437 ESF

Featuring an open concept layout with a large kitchen that is flanked by TWO living rooms with vaulted ceilings. This home has been completely updated over the last 7-10 years!

Beautifully maintained and updated home nestled in the boulders and trees of Alpine with PAID for solar. Enjoy the peaceful beauty and view as you sit in the many outdoor

MLS# PTP2101975

MLS# PT21058967

$875,000

$750,000

ALPINE 4 BR | 3 BA | 2,714 ESF

BARRIO LOGAN 2 BR | 1 BA | 680 ESF

Remodeled beauty on an acre of land with lots of parking! Featuring a cook’s kitchen with beautiful cabinetry, granite counters, and a large island with shelving.

Located in the heart of Barrio Logan and zoned in the Barrio Logan Redevelopment Subdistrict, with opportunity to develop a new Open-concept mixed use building!

MLS# PTP2102054

MLS# 210007798

$897,000

$800,000

BONITA 4 BR | 2 BA | 2,564 ESF

CLAIREMONT 4 BR | 2 BA | 1,728 ESF

View, view, view! Large single-story home with over $350,000 in recent upgrades. Paid solar, new roof, remodeled kitchen, and 3 bathrooms - perfect for a large family.

Welcome home to your Tecolote Canyon View home! This single level 4 bedroom 2 bath home has so much potential and features a remodeled kitchen.

MLS# PTP2101153

MLS# PTP2102020

$909,900

$875,000

CHULA VISTA 2 BR | 1 BA | 840 ESF

CLAIREMONT 3 BR | 3 BA | 1,176 ESF

This property has great potential. Buyer to verify the numbers of units possible to build wonderful location in the heart of Chula Vista.

Close to all!

The property is immaculate inside! Featuring a large eat-in kitchen, converted garage, and a backyard that is more than ample for entertaining.

MLS# PTP2100942

MLS# PTP2101418

$774,900

$835,000 - $850,000

COLLEGE AREA 4 BR | 2.5 BA | 1,976 ESF

DOWNTOWN 2 BR | 2 BA | 1,032 ESF

This beautiful mid century split level home has gorgeous canyon views and a fabulous private backyard with many different areas for outdoor dining, entertaining and relaxing.

This recently renovated condo overlooks the world-renowned Gaslamp District, located just blocks from bars, restaurants, dog parks, Petco Park, and public transit.

MLS# 10007613

MLS# PTP2101415

$899,000

$780,000

DOWNTOWN 2 BR | 2 BA | 1,144 ESF

EL CAJON 4 BR | 4 BA | 2,640 ESF

Full service building, respectively low HOA & one of the best vantage points in Downtown make this south-facing w/optimal views of the Bay, Petco Park, Coronado & Bridge.

Introducing a very rare opportunity to own a home with this much privacy and serenity. The jaw dropping views highlight this properties amazing layout!

MLS# 200022328

MLS# PTP2101338

$899,000

$895,000

FLETCHER HILLS 3 BR | 2.5 BA | 1,975 ESF

OCEANSIDE 2 BR | 1 BA | 684 ESF

PANORAMIC city and mountain views in every room! This modern Fletcher Hills view home is one of a kind and provides an unparalleled living experience.

Featuring luxury attached homes with 2-car garages and rooftop decks with views to the ocean! Just 2-blocks from the water and 4-blocks to Oceanside pier!

MLS# PTP2101458

MLS# 210004685

$900,000

$900,000

NORTH PARK 3 BR | 2 BA | 1,078 ESF

OTAY RANCH 4 BR | 3 BA | 1,950 ESF

Gorgeous North Park Bungalow! Located just a few blocks from amazing Restaurants, Shopping, Parks and with easy access to major freeways.

Newly built home in the family friendly neighborhood of Escaya! This gorgeous new home features an upgraded open concept floor plan, luxury vinyl flooring, and more.

MLS# PTP2101536

MLS# PTP2102074

$809,900

$788,900

OTAY RANCH 4 BR | 3 BA | 2,012 ESF

OTAY RANCH 4 BR | 2.5 BA | 2,361 ESF

Rare to find! Welcome to this gorgeous home situated on a corner lot. This highly upgraded home is located in the coveted Escaya community.

Welcome to the pristine community of Winding Walk! This home and community has everything you are looking for and features a luxury interior.

MLS# PTP2102090

MLS# PTP2102019

$788,900

$770,000

OTAY RANCH 4 BR | 3 BA | 2,233 ESF

PARADISE HILLS 8 BR | 4 BA | 2,578 ESF

This gorgeous, well-maintained, four bedroom, two-and-one-half-bath home in the desirable neighborhood of Winding Walk is a must see.

Rare business opportunity for the right buyers!

Positive cash flow. Grab this chance to own this licensed adult 6 BR residential care facility.

All rooms are private and occupied.

MLS# PTP2101822

MLS# PTP2100103

$785,000

$769,000

RANCHO SAN DIEGO 5 BR | 4 BA | 2,920 ESF

SAN DIEGO 3 BR | 2 BA | 1,502 ESF

Beautiful 5 bedroom, 3 car garage, home with panoramic views to the lake and ocean!

Home features many upgrades and pride of ownership.

Upgraded townhome with panoramic views in sought after Fashion Heights! Private backyard features built-in seating, water fountain, and BBQ area.

MLS# 210007312

MLS# 210007198

$890,000

$799,000

COLDWELL BANKER | WEST

BONITA 2 BR | 2 BA | 1,300 ESF MLS# 210005013 | $565,000 - $574,000

CHULA VISTA 3 BR | 2 BA | 1,222 ESF MLS# PTP2100529 | $580,000

CARMEL MOUNTAIN 3 BR | 2.5 BA | 1,767 ESF MLS# 210007450 | $699,000

CHULA VISTA 3 BR | 2.5 BA | 1,457 ESF MLS# PTP2101389 | $575,000 - $585,000

CHULA VISTA 4 BR | 2 BA | 1,579 ESF MLS# PTP2101851 | $680,000

CLAIREMONT 4 BR | 2.5 BA | 1,386 ESF MLS# 210007167 | $575,000

CORTEZ HILL 2 BR | 2 BA | 1,133 ESF MLS# 210007090 | $700,000 - $739,000

ENCANTO 4 BR | 2 BA | 1,519 ESF MLS# PTP2101976 | $589,000

EAST VILLAGE 3 BR | 2 BA | 1,474 ESF MLS# PTP2002044 | $599,999 - $700,000

ESCONDIDO 4 BR | 2 BA | 1,974 ESF MLS# PTP2101357 | $690,000 - $725,000

EASTLAKE 3 BR | 2.5 BA | 1,445 ESF MLS# PTP2101945 | $550,000

GASLAMP 2 BR | 2.5 BA | 983 ESF MLS# PTP2101889 | $599,000

COLDWELL BANKER | WEST

IMPERIAL BEACH 2 BR | 1 BA | 825 ESF MLS# PTP2101587 | $565,000 - $575,000

LITTLE ITALY 2 BR | 1.5 BA | 1,340 ESF MLS# 210003087 | $650,000

LAKESIDE 3 BR | 1.5 BA | 1,156 ESF MLS# 210007531 | $639,900

NATIONAL CITY 3 BR | 1 BA | 1,460 ESF MLS# PTP2101606 | $659,000

LAKESIDE 4 BR | 2 BA | 1,904 ESF MLS# PTP2101611 | $549,000 - $599,000

NORMAL HEIGHTS 2 BR | 1 BA | 768 ESF MLS# PTP2101970 | $599,990

OCEAN BEACH 2 BR | 2 BA | 992 ESF MLS# 210007696 | $559,000

PARADISE HILLS 3 BR | 2 BA | 1,259 ESF MLS# PTP2101089 | $599,000

OTAY MESA 3 BR | 2 BA | 1,658 ESF MLS# 210007538 | $599,000 - $630,000

RANCHO DEL REY 3 BR | 2 BA | 1,744 ESF MLS# 210007559 | $725,000

OTAY MESA 3 BR | 2 BA | 1,040 ESF MLS# PTP2101816 | $589,900 - $599,900

SANTEE 5 BR | 2.5 BA | 1,672 ESF MLS# PTP2101953 | $729,900

COLDWELL BANKER | WEST

SANTEE 3 BR | 2 BA | 1,716 ESF MLS# PTP2102058 | $625,000

SPRING VALLEY 3 BR | 2 BA | 1,280 ESF MLS# PTP2102017 | $589,000 - $625,000

GREAT FUTURE IS IN GOOD CHARITY.

Find out how you can help by visiting

cbwgives.com

Source: To Renovate or Not to Renovate Before You Sell. Keeping Current Matters. https://www.mykcm.com/2021/03/18/to-renovate-ornot-to-renovate-before-you-sell/

When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Here are two things to keep in mind if you’re thinking of selling this season.

1. There aren’t enough homes for sale right now.

is to work with a real estate advisor to determine which improvements are truly necessary, and which ones are not likely to be deal-breakers for buyers.

A normal market has a 6-month supply of houses for sale, but today’s housing inventory sits far below that benchmark. According to the National Association of Realtors (NAR), there’s only a 1.9-month supply of homes available today. As a result, buyer competition is high and homes are only on the market for about 21 days, during which time many receive multiple offers from hopeful buyers.

In a competitive market that’s moving so quickly, it makes sense to sell your house when buyers are scooping homes up as fast as they’re being listed.

Spending costly time and money on renovations before you sell might just mean you’ll miss your key window of opportunity. While certain repairs on your house may be important, your best move right now

Today, many buyers are more willing to take on home improvement projects themselves in order to get the home they’re after, even if it means putting in a little extra work. Home Advisor explains: “When it comes to the number of home improvement projects completed, Gen Z homeowners are leading the pack, completing an average of 3.5 projects.

Millennials closely follow Gen Z, taking on an average of 3.3 projects, followed by Gen X at 2.8 projects.

Boomers completed an average of 2 projects, and the Silent Generation completed the fewest projects, on average, at 1.8 per household. Compared to 2019, millennials are spending 60% more on home improvement and doing on average 30% more

30% more projects.”

In this market, it may be wise to let future homeowners remodel the bathroom or the kitchen to make design decisions that are best for their specific taste and lifestyle. As a seller, your dollars and time might be better spent working on small cosmetic updates, like refreshing some paint and power-washing the exterior.

Instead of over-investing in your home with upgrades that the buyers may change anyway, work with a real estate professional to determine the key projects that will maximize your listing, without overdoing it.

2. Focus on getting a good return on your investment.

When planning any bigger projects to tackle, you and your real estate agent will want to discuss the potential return on your investment and if those projects are worth the cost. Some homes do need a kitchen or bathroom renovation, roof repairs, or other major work, but definitely not all of them. You might be surprised by how well your house could fair in today’s sellers’ market. Hanley Wood states: “The 2020 Cost vs. Value report shows a predictable increase in costs for all 22 remodeling projects but a consistent dip in the perceived value of those projects at the time of home sale, as estimated by real estate professionals in more than 100 metro areas across the U.S. This results in a slight downturn on the return on

investment for nearly all projects relative to the trends we saw in last year’s report.”

Ideally, homeowners getting ready to move should try to avoid over-investing in big renovations if they won’t make that money back when they sell their house.

According to the 2020 State of Home Spending report from Home Advisor: “The average household spending on home services rose to $13,138, an increase over last year’s survey results, where homeowners who did projects spent $9,081 on average in 2019.”

Before you renovate, contact a local real estate professional to see if it’s the best course of action.

You may find out that putting your house on the market as-is will help you sell quickly, and it may result in the best return on your investment. Every home is different, but a conversation with your agent is mission-critical to make sure you make the right moves when selling this season.

Bottom Line?

We’re in a strong sellers’ market, and that means you have the leverage to sell your house on your terms.

Let’s connect today to determine if renovating is really the best way to spend your time and money before you sell.

COLDWELL BANKER | WEST

Beaumont 6 BR | 3 BA | 2,358 ESF MLS# 210002274 $485,000

Chula Vista 3 BR | 2 BA | 1,100 ESF MLS# 210001099 $85,000

Corona 4 BR | 2 BA | 1,453 ESF MLS# PTP2100356 $512,500

Campo 3 BR | 1 BA | 948 ESF MLS# PTP2101712 $280,000 - $315,000

Colina Del Sol 1 BR | 1 BA | 513 ESF MLS# PTP2101570 $270,000.00

East San Diego 1 BR | 1 BA | 609 ESF MLS# PTP2101997 $254,900 - $265,900

Chula Vista 2 BR | 2.5 BA | 1,452 ESF PTP2100736 $399,000

Colina Del Sol 1 BR | 1 BA | 551 ESF MLS#PTP2101668 $209,000 - $219,900

El Cajon 3 BR | 1.5 BA | 1,344 ESF MLS# PTP2101670 $408,000

El Cajon 3 BR | 2 BA | 868 ESF MLS# PTP2101967 $139,900

Emerald Hills 1 BR | 1 BA | 668 ESF MLS# PTP2102000 $209,900 - $219,900

Escondido 2 BR | 1 BA | 821 ESF MLS# PTP2101515 $249,900 - $259,900

El Cajon 2 BR | 2 BA | 1,200 ESF MLS# PTP2001340 $85,000

Emerald Hills 1 BR | 1 BA | 668 ESF MLS# PTP2102003 $207,900 - $217,900

Hemet 3 BR | 2 BA | 1,288 ESF MLS# 200000618 $240,000

El Cajon 3 BR | 2 BA | 1,020 ESF MLS# 210002181 $64,900

Escondido 2 BR | 1.5 BA | 896 ESF MLS# 210007367 $299,000 - $330,000

Imperial 2 BR | 1 BA | 580 ESF MLS# PTP2101951 $475,000

COLDWELL BANKER | WEST

San Diego 3 BR | 2 BA | 1,104 ESF MLS# PTP2102014 $450,000

La Mesa 2 BR | 2 BA | 946 ESF MLS# PTP2101861 $425,000

Menifee 3 BR | 2 BA | 1,497 ESF MLS# PTP2101999 $380,000

Julian 3 BR | 2 BA | 1,232 ESF MLS# 210006947 $460,000

Lakeside 1 BR | 1 BA | 570 ESF MLS# PTP2101996 $214,900 - $224,900

Mission Valley 0 BR | 1 BA | 506 ESF MLS# PTP2102049 $255,000

La Jolla Colony 2 BR | 2 BA | 1,037 ESF MLS# 210007584 $520,000

Lemon Grove 3 BR | 3 BA | 1,194 ESF MLS# PTP2102029 $400,000

National City 2 BR | 1 BA | 700 ESF MLS# PTP2100939 $255,000

National City 1 BR | 1 BA | 378 ESF MLS# PTP2101607 $224,000

Otay Ranch 3 BR | 4 BA | 1,419 ESF MLS# PTP2101895 $510,000 - $525,000

Point Loma 1 BR | 1 BA | 547 ESF MLS# 210006935 $339,000

North Park 2 BR | 2 BA | 828 ESF MLS# 210006671 $495,000

Pacific Beach 1 BR | 1 BA | 663 ESF MLS# 210004602 $495,000

Point Loma 1 BR | 1 BA | 547 ESF MLS# 210006004 $325,000

Otay Mesa 3 BR | 2.5 BA | 1,338 ESF MLS# PTP2101954 $416,000 - $426,500

Paradise Hills 4 BR | 2.5 BA | 1,903 ESF MLS# PTP2102055 $549,999

San Diego 2 BR | 1 BA | 744 ESF MLS# PTP2101932 $519,900 - $529,900

COLDWELL BANKER | WEST

Santee 3 BR | 1 BA | 950 ESF MLS# PTP2101934 $499,000 - $529,000

Talmadge 1 BR | 1 BA | 560 ESF MLS# 210007508 $299,000

Spring Valley 2 BR | 1 BA | 1,018 ESF MLS# PTP2001485 $509,900

Spring Valley 2 BR | 2 BA | 1,060 ESF MLS# 210006714 $429,000

Happy easter!

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