Irene Lai-Chan, M.S., REALTOR

I used walkscore.com to find out the Walk Score of Village One Modesto Neighborhood. The site listed Amenities in the Village One / Ustach area in Modesto. Amenities include: grocery stores, restaurants, coffee shops, movie theaters, schools, parks, libraries, bookstores, fitness centers, drug stores. The Walk Score site is very useful for home buyers to find out more about a neighborhood they are interested in.

The Walk Score of the Village One Modesto neighborhood is 28 out of 100. Visit Walk Score by following this link:

28

* Following is a screen image of the website showing amenities / walkability of the Modesto Neighborhood *

I previewed some homes in the Ustach / Village One Modesto neighborhood last week.

A Mapped Listing Report of the Village One Modesto area from Metrolist Prospector provided a good overview of the Modesto Village One area. I searched for MLS listings, focusing on the area bounded by Sylvan Avenue (north), Roselle Avenue (east), Floyd Avenue (south), and Oakdale Road (west) in the initial search. zip code: 95355 Modesto.

The search of listings resulted in 27 homes near the Ustach Neighborhood Park in Village One Modesto CA. 14 of which were 'Active Short Sale Contingent' Modesto homes, 7 were 'Active Short Sale', the remaining 6 were 'Active'. Prices ranged from $199,000 to $309,900, approximately for $68 / sq. ft. to $135 / sq. ft. These Village One Modesto homes are any where from 1,600 sq ft. to 4,100 sq.ft. The homes values are much lower compared to before. These Modesto homes are very affordable for first time home buyers and investors.

I previewed some homes and drove by others and visited about 9 homes at different locations including Tabriz Dr, Palliser Way, New York Ave, Kodiak Dr, Hillglen Ave, Knightsbridge Dr, etc. Here are some photos I took on that day. All of these homes are relatively new and some are in move-in conditions.

The above photos also include Ustach Middle School on 2701 Kodiak Dr, Modesto CA (bottom photo).

When I check the MLS this week, two of the listed homes are now pending.

A locator map created using mapspread.

More info on "Creating a store locator in less than 5 minutes" Video link.

Steps:

1. Create excel spreadsheet with the information (stores, homes, neighborhood) addresses.
2. Import excel file to mapspread using Import feature.
3. Edit to change marker color and maker design.
4. Create application -> a Locator Application -> edit the balloon text.
5. Customize map tab.
6. Upload logo if there is one.
7. Save the name of the application | Share link | embed website code

DONE. The first draft of Modesto Real Estate Neighborhood Locator | Modesto Real Estate Market Snapshot can be found in the following REAL ESTATE MODESTO Locator Map Link. If there is problem using the above link, please try to cut and paste the hyperlink:

http://apps.mapspread.com/a/rando-real-estate-and-financin/modesto-real-estate-neighborhood-market-snapshot

I signed up for the free mapspread account.

I have yet to include the property vales / price ranges by obtaining the numbers from MLS. Simply email me ilaichan@comcast.net or call (209) 505-4812 for the meantime if you would like to have more information.

Here is the code to be embedded in website:

<iframe src="http://apps.mapspread.com/a/rando-real-estate-and-financin/modesto-real-estate-neighborhood-market-snapshot" frameborder="0" style="width:500px;height:400px"></iframe>

Other websites of interest:

Google maps icon

Logo creator

I had a chance to look at a REO (Real Estate Owned) property in Modesto California in Stanislaus County, Central Valley on Sunday 3/16/08. It is the second day on the market and when I called the listing agent, there are offers already. Today, the property is pending.

The property is located in zip code area 95356. around $128 per sq. ft. and listing at $309K. It is in good condition. I have been tracking REO properties using daily auto-prospecting tool for potential clients and also gathered some statistics:

As of 3/16/08:

REO listings in Modesto California for Single Family Homes:

Active: 514 Avg List Price: $190K Avg size: 1503 sq. ft. Avg DOM: 59

Median List Price: $175K Median size: 1341 sq. ft. Median DOM: 45

Pending: 300 Avg List Price: $199K Avg size: 1634 Avg DOM: 50

Median List Price: $180K Median size: 1434 sq. ft. Median DOM: 28

Sold in Feb: 80 Avg List Price: $210K Avg Sale Price: $201K Avg size: 1527 sq. ft. Avg DOM: 48

Median List Price: $199K Median Sale Price: $196K Median size: 1397 sq ft. Median DOM: 21

Please check back next month for an update.

Irene Chan, M.S., REALTOR

web: http://ilaichan.home.comcast.net