Water, Water, Water....Credits and Fixtures

Here on the Monterey Peninsula we have a relatively unique system of "water credits" that are an important part of understanding a property's value.

Every home on the Peninsula has a certain number of water credits assigned to it. If you buy the home and wish to remodel it you cannot exceed the number of existing water credits.

In simple terms: If you buy a two bath home you probably won't be able to add a third bathroom.

So, when considering a property here....ask how many water credits there are, and understand their value.

For a more complete explanation of the system, the communities affected, and some of the interesting rules visit my water page at www.malonehodges.com/water.