What $850k USD buys in Redding, CA

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GON

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Very nice house at the pricepoint of $850k USD. Redding is a safe community, surrounded by three large lakes, all very easy to access and boat and fish. World class landscape, along with warmer weather than the California coasts. Redding even has a Costco. Great dining, outstanding healthcare, and a small airport with nonstop commuter flights to places like Denver.

If one can overlook/ live with some of the very strong California issues--- Redding surely seems like a great place to retire.

What makes this home unique is that it is in a non HOA subdivision, but offers great privacy and modern features, and super location, ayt the $850k USD California pricepoint. Decorating is wacky, but that is easy to address.

https://www.zillow.com/homedetails/4013-Acadia-Pl-Redding-CA-96001/299815586_zpid/
 
$8k in property taxes isn't too bad. But those high ceilings, wouldn't that be a bear to heat in winter? Single level living though, that is nice. No basement? they must do things differen there.

This is on 3.92 acres? maybe it includes some area that wasn't cultivated. Must have a sprinkler system in there, with that kind of green.
1783212432579.webp
 
supton said:
$8k in property taxes isn't too bad. But those high ceilings, wouldn't that be a bear to heat in winter? Single level living though, that is nice. No basement? they must do things differen there.

This is on 3.92 acres? maybe it includes some area that wasn't cultivated. Must have a sprinkler system in there, with that kind of green.
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I walked this property, yes if the lot size is accurate the lot has much unusable portions. Unless one wants a tiered garden.

I think the small outside back living area is a negative to some, especially families with children. For old folks, awesome views, no need for a larger backyard.

House is natural gas, and constructed in 2019, so assuming windows and insulation up to spec, heating bill should be minimal to.modest. our current home has like construction, like temperatures, and natural gas. We pay under $50 per month to heat in the winter. Natural gas is a lifesaver for heating costs.

One thing I learned, get a few miles outside of the Redding city limits, and one faces very significant challenges getting a homeowner insurance policy because if wildfires. That is new to me as part of a decision making process for purchasing a home.
 
The interweb says the Redding Median income is $70K. So this is clearly a place for someone bringing there money from elsewhere, likely a wealthy retiree. Since most wealthy people are trying to leave California before they enact a wealth tax, my guess is the seller will take less. :ROFLMAO:

supton said:
$8k in property taxes isn't too bad.
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Is that current or what the new buyer will pay - ie prop 13 terms?
 
SC Maintenance said:
The interweb says the Redding Median income is $70K. So this is clearly a place for someone bringing there money from elsewhere, likely a wealthy retiree. Since most wealthy people are trying to leave California before they enact a wealth tax, my guess is the seller will take less. :ROFLMAO:


Is that current or what the new buyer will pay - ie prop 13 terms?
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lol the proposed wealth tax kicks in at a billion dollars in assets, I don't think anyone with a billion dollars is buying that little shack.
 
dishdude said:
When searching for a retirement home, this really needs to be at the top of the list of requirements. It seems a lot of older people just don't consider this and end up an hour+ from healthcare facilities and even longer if they need to see a specialist.
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Yep. I am in a ;place with a 5 star health facility. Make a difference when you are 80
 
SC Maintenance said:
The interweb says the Redding Median income is $70K. So this is clearly a place for someone bringing there money from elsewhere, likely a wealthy retiree. Since most wealthy people are trying to leave California before they enact a wealth tax, my guess is the seller will take less. :ROFLMAO:


Is that current or what the new buyer will pay - ie prop 13 terms?
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Unfortunately $70k is now the poverty line in most areas..... 😆
 
"and a level of craftsmanship rarely found in newer construction."
When a realtor writes this, I'd instantly be skeptical. The vast majority of realtors today wouldn't have a chance at being able to determine this.

Also not a fan of the neighbor's back yard/back side of the house, that is directly facing the front of this house.
 
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GON said:
along with warmer weather than the California coasts.
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That is an understatement. A few years ago I went there during a heatstorm and I think my car's external temp sensor registered 120F. Typically the Sacramento and further inland area can get 105-110F in the summer (I went to school during summer break in college around the area to graduate sooner). If you don't mind desert climate that's fine, but it can get hotter than warm.
 
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SC Maintenance said:
The interweb says the Redding Median income is $70K. So this is clearly a place for someone bringing there money from elsewhere, likely a wealthy retiree. Since most wealthy people are trying to leave California before they enact a wealth tax, my guess is the seller will take less. :ROFLMAO:


Is that current or what the new buyer will pay - ie prop 13 terms?
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New purchase price would be the tax base unless you move from another California home that grandfathered a low tax. Median income is 70k because there is no major industry in Redding that makes huge money. It is a "smallish to medium size" city so don't expect it to be like San Francisco or even Sacramento. I feel that it is closer to a smaller version of Tracy (maybe Modesto?). My roommate in college came from Redding, he didn't go back after graduate because of job market.
 
Quattro Pete said:
Wow, a house like this on 4 acres would cost significantly more in GRR area if in good school district.

And our property taxes are quite high too.
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If you are in Redding and live in this nice of a house, you most likely would be sending your kids to private school anyways. This is not a layout for people buying a home because of great school.
 
Notice the neighbors land has pretty much all rock scape.

Im wondering where the water comes to keep all the green parts green.
You are def working against nature to keep a lawn green here and if it's being fed from a city - it's just money.
If it's irrigation water (rare) you just need to store and run pump most of the time in the summer and it still dies.
If its a well, and you share it with the house - keeping a lawn green here is going to get dicey in the late fall as the water table drops.
 
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