What a great holiday week we've had with new snow, welcome visitors in town, and so many fun events. Noel Nights are a treat at Northstar- ice skating, hot drinks and activities- I wish we had a rink in Incline Village, it would be a great activitiy for families in the eveings, and a wonderful social gathering place. Come up and enjoy the snow, all ski areas are open and cold nights have kept conditions nice!
In the past week, 4 new listings came onto the Incline Village and Crystal Bay market, including 3 homes and 1 condo, ranging in price from $229,900 to $4.6M. There were 5 price changesincluding 4 homes (2 out of area) and 1 PUD (townhome). 620 Martis Peak (corner of Lakeshore) is now a short-sale at $3.795M and 7,145 sq ft living area with lake views. Let me work with you to make an offer on this home- I have shown it many times and know it well. This is the prime opportunity in Incline's luxury end of the market, especially if you can get in for about $500 per sq ft and have the powerline in front buried (this can be done but has been a big issue for many). This is a short walk to Burnt Cedar Beach and would be a fantastic vacation home and/or rental with 6 bedroom suites. One listing at 600 Villageis new under contract and 6 homes are in contractcurrently, along with 4 PUD's in contract and 4 Condos in contract. Keep an eye on 527 Sugarpineand 121 Rubiconsales prices, and let me know if you want to make a back-up offer on either, as the sales are not yet final! This past week, 4 listings sold- 2 homes, a condo and a PUD, go to Incline Village Real Estate Blog.
Watch Incline Village on "My House is Worth What?" Saturday December 27 at 7pm to see a great master bedroom addition on a Tahoe style home just up from the Lake. Hosted by Kendra Todd, Apprentice 3rd season winner who worked for Donald Trump for a year following the show. See some great aspects of family life in Incline Village, and how one couple adds value to their home.
We have seen a slight increase in activity for December. With mortgage rates hoovering at 4 year lows around 5% for a 30 year fixed mortgage, buyers who have good credit and can qualify for documented loans are seeing opportunity in the market.
One notable sale that I represented the buyers for at 521 Sugarpine closed last Friday for $530,000, it was listed for $599,000 and was a fantastic buy for a 3 story home, remodeled on 3/4 of an acre in desirable Ponderosa neighborhood. The home 2 doors down at 527 Sugarine is in contract with a list price of $3.495M, so this helps supports the value here.
19 new listings came onto the Incline Village and Crystal Bay market in the past two weeks, including 8 homes, 2 PUD's, 8 condos and 1 commercial listing. There were 23 price changes, 3 new properties in escrow including 928 Dorcey listed at $595,000, 121 Rubicon listed at $1,495,000- an amazing buy, and 88 Shoreline Circle listed at $2,695,000- a quiet location across from the Lake. There are 17 properties in contract currently and 6 sales have closed in the past two weeks.
Check BuyTahoeHomes.com for weekly Incline Village Real Estate updates for home sales and new listings.
The home of Incline Village couple, Ross and Sarah McMahan, who recently put in a large master addition over their garage, airs this Sunday at noon.
"We are looking for real estate experts who have a strong presence and knowledge of their market," Schwartz said. "They should be confident judging homes and letting homeowners know the expected return on investment. On top of that they have to have good communication skills and lots of energy."
Cerretti said she learned a great deal about the in and outs of television while filming the Incline Village episodes.
"A lot goes into filming," she said. "I had to have all the data in mind as I put on my TV personality; exaggerating gestures and really hitting home the pluses and minuses of each room." Cerretti studied reports on actual remodels done in the Incline area and how they influenced the market value.
For more air times, visit Tahoe Homes Blog.
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