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April 21, 2015

Feeling Lucky?

ALL GREEN HOUSES ON SALE TODAY!! Well, okay, just kidding. But wouldn’t that be nice? Wouldn’t it be…LUCKY?

When is the last time you felt lucky? I remember when I was about 9 years old, my mom enrolled my older brother and me in a program along with hundreds of other bored kids, in which every Saturday afternoon we could go down to the local movie theater (I think it was the Fox Theatre, Jason Arave?) and watch a re-run movie.

But the super cool thing about this program was that they would do a drawing before every movie by pulling tickets out of a hat. Prizes were anything from another movie ticket, to a toy to, a gigantic bag of candy.

One Saturday afternoon I was listening intently to the numbers the staff called out, and checking them against the ticket I clutched in my hand, “*1278992!” they would call out, and all the kids would groan and complain, but then you’d hear one lucky kid call out in the distance, “It’s me, it’s me!!” and every other kid would shoot dark looks of jealousy in their direction as the chosen one hurtled down the aisle toward the screen and their waiting prize.

Well, this particular day they had given away all but the last prize , which was a 5 lb bag of off-brand candy. I wanted that bag of candy. Every kid in the audience wanted that bag of candy. It was a major award. It was THE major award. The teenage staff member slowly read off the winning numbers, and I couldn’t believe my eyes. As he read each number, my number matched! Finally, there was only one last number to be revealed. I was on the edge of my seat, holding my breath, waiting, waiting, waiting for him to speak… come on, come on, please let it be 9, please let it be 9! !

And it was! I won! It was ME, sprinting down the aisle! It was ME triumphantly holding my winning ticket aloft and thrusting it toward the totally indifferent pimply teenager holding my candy. And as it turns out, you can totally eat 5 lbs of candy in two hours when you’re riding a wave of triumph and adrenaline. That was a lucky, lucky day.

I took a phone call from a client having a lucky day yesterday. He wanted to know how the house he bought 3 years ago would appraise in today’s market because he wants to do some improvements. I ran the comps and his house would sell for about $75,000 to $90,000 more today than when his family bought it. Pretty lucky, right?

How about you? If you want to know what your house’s value is in today’s market, let me know. I bet things are looking pretty green for you, too.