Kali Real Estate

Property Management in Chula Vista & Bonita

The Water Crisis

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Water-Crisis

Where Are We Wasting?

A typical three-bedroom, single-family home in California uses approximately 174,000 gallons a year.

Where do families use the most water?
  • Shower: 17%
  • Kitchen and bathroom faucets: 9%
  • Toilets: 4%
  • Clothes washer: 4%
  • Landscaping: 57%
  • Overwatering: 9%

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Water-Saving Solutions

  • Low-flow Toilet, Cost: $60-$200 saves 6.4 gallons per flush
  • Faucet Aerators, Cost: $2 saves 1.5 gallons per minute
  • Low-flow shower head, Cost $10-$40 saves 2.5-3.5 gallons per minute

Important Water-Saving Legislation

By January 1, 2017, all residential properties in California that were built prior to 1994 will be required to retrofit with:

  1. Toilets that use no more than 1.6 gallons per flush
  2. Shower heads with flow rates of no more than 2.5 gallons per minute
  3. Other interior fixtures that use less than 2.2 gallons of water per minute

Source: California Homebuilding Foundation

What Do You Want In A Neighborhood

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What-Do-You-Want-In-A-Neighborhood

 

There are several things that are important to home buyers when selecting their neighborhood.

68% Easy access to the highway.
65% Public transportation within walking distance of your home.
66% Established neighborhood with older homes and mature trees.
65% Short commute to work.

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86% Privacy from neighbors.
74% High-quality public schools.
55% Living in a place that’s away from it all.
69% Walking distance to places such as schools and shops.
80% Sidewalks and places to take walks.
66% Living in a community with people at all stages of life.

Source: NAR’s National Community Preference Survey

It Pays to Use a REALTOR®

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It-Pays-To-Use-Realtor

The typical For Sale By Owner (FSBO) home sold for $46,000 Less during the past year than home sold with the assistance of a REALTOR®.

  • On average, FSBO homes sold for $184,000
  • Homes sold by a REALTOR during the same period sold for $230,000

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Most Difficult tasks for FSBO Sellers:

  • Understanding and performing paperwork
  • Setting the right price
  • Preparing/fixing up home for sale
  • Helping buyer obtain financing
  • Attracting potential buyers
  • Selling within the planned length of time
  • Having enough time to devote to all aspects of the sale

Source: NAR’s 2012 profile of Home Buyers and Sellers

California Association Of Realtors

Smart Home Upgrades

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Dario Barba

db@kalirealestate.com

Phone: (619) 651-0433
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Home Upgrades that Pay Off

Thinking about renovating your house? Builders beware: when it comes to home renovations, not all upgrades are created equal. Spend your home renovation budget wisely and you’ll reap the rewards of retained value!

Kitchens and Bathrooms
– Updating your kitchen and bathrooms is almost always worth it. Whenever possible, stick with existing layouts and upgrade the details, like fixtures, flooring, countertops and cabinetry.

Curb Appeal –
Ensure your home makes a good first impression by upgrading the exterior paint and trim, adding architectural detailing and decorating walkways with low-maintenance landscaping.

Outdoor Entertainment –
Create outdoor living spaces. Decks are one of the best investments because they are relatively inexpensive to install and tap into the outdoor living trend.

Extra Living Space –
Consider adding a sunroom, converting attic space, or upgrading your basement into a multi-purpose rec room. Beware of the more expensive additions, however, as the building costs may far exceed the potential gains.

Not all upgrades pay off in the end.

Structural Systems –
Don’t think of your plumbing and electrical systems as potential price-boosters, as buyers consider these a given and expect that they have been properly maintained.

High-End Finishes –
Stick with the finish spec that is consistent with the neighborhood. Going way beyond the average may limit your ability to recoup the costs.

Uniquely “You” Projects –
Avoid custom renovations that are geared toward your specific tastes or needs. Unless you find an avid musician buyer, that extravagant home music studio isn’t going to add value.
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Vacation Security

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Dario Barba

db@kalirealestate.com

Phone: (619) 651-0433
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Going on Vacation? Protect Your Home with These Security Tips

An empty house is an invitation to thieves, so take some time before your next vacation to protect your home.

1. Keep up appearances.
Try to appear home. Ask a friend to collect the mail, ask your neighbor to use your garbage can, and hire someone to maintain the yard.

2. Light up the night.
Install motion-activated outdoor lights near front and back entrances, as well as in back lanes and side walkways. Put indoor lighting on a remote timer.

3. Secure weak spots.
Patio doors, basement windows and back entrances are easy targets for thieves. Add extra protection with security bars and locks.

4. Silence your ringer.
Turn down the ringer on your phone to avoid alerting thieves that you aren’t home.

5. Don’t broadcast your vacation.
Don’t brag to everyone on Facebook about your upcoming beach vacation. Social media sites are quickly becoming tools for thieves looking for an easy target.

6. Secure the spare key.
Never store your spare key under a mat, in a flowerpot or on a window ledge. If you need to leave a key behind, invest in a lockable hide-a-key.

7. Put your alarm to work.
Remember to activate your alarm, and make sure your alarm company signs are clearly displayed in both the front and back of your house.

8. Take out the trash.
Don’t throw away receipts and packaging for big ticket purchases, as thieves often search garbage bins looking for potential targets. Instead shred receipts and ask the delivery company to remove the boxes.
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Financial Perks Of Homeownership

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Financial-Perks-of-Homeownership

Owing a home has several tax incentives and generally improves your overall net worth.

A homeowner’s net worth is 45.9 times that of a renter’s!

Here are a few of the ways owning a home can save you money and increase your financial well-being:

  • Federal tax credits of $500 and up are available through Energy Star to help homeowners working to create an energy efficient home.
  • The Mortgage Interest Deduction saves an average homeowner about $3,000 per year.
  • The California Relator’s Energy Audit Program(REAP) provides up to a $250 rebate on a Home Energy Rating System (HERS) home energy audit conducted by a certified HERS rater.

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Sources: NAR,C.A.R., The Federal Reserve and Energy Star

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