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Monthly Archives

October 2017

Cupertino Housing Market Update

By | Selling Your House | No Comments

The city of Cupertino, California has seen a 8.3% increase in home prices over the past year according to the Zillow real estate website. This puts the average price of a Cupertino home at just over $1.9M. Prices are beginning to settle down and the economists at Zillow expect that prices next year will only increase a modest 2.7%. This calm in the market should allow buyers who have been dealing with competitive bidding situations a chance at getting into a home.

Home prices in Cupertino have skyrocketed over the past six years. In 2012 prices were around $900k. The market is generally considered healthy with a little more than 1% of home owners sitting on property with negative equity.

Of course, making smart home improvement/remodeling choices is one of the best ways to increase your home equity. Make bad choices and you will actually decrease your equity. By investing more in a project that you are likely to be able to recoup when you sell, you are losing money/equity in your home. Working with a real estate expert in Cupertino is the best way to make these decisions. A local realtor will be able to advise you on where you money will be well spent and where it will be wasted.

One amazing statistic we discovered while reviewing the data on Zillow is that currently 0% of home owners in Cupertino are in default.

Remodel Your Cupertino Home With Reclaimed Barnwood

By | Sellers, Selling Your House | 2 Comments

Homes in Cupertino are usually remodeled before they’re marketed and sold by a local real estate agent. Home owners who want to maximize the resale value of their house will take the time to educate themselves on the latest design trends in order to appeal to the most buyers. One of the hottest trends currently is the use of reclaimed material, in particular lumber. It’s difficult to replicate the look and feel of old wood that has stood the test of time, punished by the elements to create a beautiful patina. Some companies try using new lumber and using a variety of technique they will try to age the wood to look the real thing. The result typically looks cheap and tacky.

There is no substitute for using a reclaimed beam for your fireplace mantel, paneling, kitchen cabinets, shelving or even your hardwood floors. Open any design magazine and you will see the uses for reclaimed lumber are endless. There is a company called Reusable Lumber Company (http://www.reusablelumber.com/) that specializes in recovery, resale and reuse of old growth lumber located in Woodside, California. Another option is Global Wood Source (https://www.globalwoodsource.com/). They bring in wood from all over the world including may exotic woods that are hard to find. Lastly, there is a company based in Minneapolis, MN that ships across the country called The Old Grain Co, (https://getreclaimed.com/).

We suggest that home owners discuss their ideas with their realtor if they are hoping to increase the resale value of their house. Your agent will help you to budget for the project and should be able to connect you with local contractors who can handle the design and installation for your project. If your realtor doesn’t have any contractors who specialize in working with reclaimed lumber, contact any of the companies referenced in the post. They will likely have a number of installers they can suggest for your project.