With home mortgages harder to come by, many of my buyers are determined to stay within conforming guidelines and purchase at or under $417,000. In Davis, California, however, the real estate market has not suffered the same fate as its neighbors in West Sacramento or Woodland and home prices, while having dropped, are still relatively higher than the surrounding areas.
With few homes on the market under this $417,000 this price range, I thought I’d bring my top five to your attention– all with honest feedback, something you might not necessarily find on MLS.
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Top Five Davis Homes Under $400,000
3001 Bryant Place: This three bedroom, two bath home is a Fannie Mae, Bank Owned Property, not something we typically see in the city of Davis, but becoming more prevalent. The home appears to need some exterior work needed, but nothing perhaps major. I would suggest a Pest Inspection to find out the health of this home’s exterior. In any event, h good paint job, both in and out will make a world of difference for Bryant Place. Being a Fannie Mae listing, the home comes with a with a two year home warranty– something else you are likely to see in an REO. Offered at $399,500
K Street Cottage, Central Davis
427 K Street: Adorable, Central Davis cottage home. Has loads of character and charm that most architecture in Davis simply does not. Built in the 1920′s, this home has had some upgrades, including newer wiring in 2009 and dual paned windows in 2003. Natural lighting throughout and big windows makes this home one of my favorites on the list. There is an engineering report out there that indicates the home is in need of some foundation retro-fit. This is not uncommon with homes of this age. Heck, if I had come to be in 1920 I might be in need a retro-fit myself… Offered at $395,000.
5072 Veranda Ter: This townhouse is attached, but has a cozy, “home” feel to it, so I included it on the list… clean, move-in ready, fireplace and a private backyard. Priced well at $335,999.
1400 Whittier Drive: This traditional East Davis home has a lot of potential. Certainly livable as is, but upgrades throughout, from fixtures to uniform flooring, would pull this would-be cutie, together. The good news is at $334,900, even with the needed upgrades, you’d have yourself a great buy.
Javier Place, East Davis Home
2721 Javier Place: Another bank owned property on our list today. Javier, right off of Tulip is situated in the newer part of East Davis. This home is in much better condition than our first REO property on Bryant Place, and is a much better deal– just look at the pricing. Quiet, clean, with a good sized, corner lot. Offered at $359,000.
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New construction in an historic neighborhood . This 1680 square foot house was built by Mike Corbett.
Strong emphasis on aesthetics and energy features including photovoltaic and solar water heater. Upstairs living areas and south facing – borders grand oak trees and shares a beautiful private walk with the other homes of Shepards Close.
If you are selling your Davis home, you should be concerned with your 
