Tahoe Donner Market Snap Shot: October 1 - 31, 2008
October 31, 2008
Tahoe Donner Single Family Homes Sold - October 2008
Single Family Homes SOLD = 26
Median List Price = $626,900
Median Sold Price = $610,000
Average Days on Market = 106
YTD TD SF Homes Sold = 1671
Active Listings = 166
| Address | Original Price | Sales Price | Square Feet |
| 14179 Davos | $369,000 | $355,000 | 1536 |
| 12102 Viking | $389,000 | $340,000 | 1404 |
| 16693 Northwoods | $395,000 | $359,000 | 1120 |
| 12870 Hillside | $459,900 | $342,500 | 1336 |
| 11848 Snowpeak | $499,000 | $425,000 | 2019 |
| 13039 Davos | $499,000 | $480,000 | 1084 |
| 12490 Falcon Point | $509,000 | $515,000 | 1526 |
| 12530 Bernese | $595,000 | $515,000 | 1356 |
| 13066 Skiview Loop | $598,000 | $598,000 | 1911 |
| 13870 Hansel | $599,000 | $480,000 | 1752 |
| 12076 Mougle | $639,000 | $615,000 | 1701 |
| 12316 Bennett Flat | $639,000 | $620,000 | 1900 |
| 13246 Muhlebach | $639,900 | $615,000 | 2220 |
| 11473 Norse | $649,000 | $555,000 | 1932 |
| 14207 Northwoods | $649,900 | $610,000 | 1854 |
| 13896 Skiview Loop | $650,000 | $537,500 | 1900 |
| 10910 Innsbruck | $669,000 | $610,000 | 2258 |
| 15167 Swiss Lane | $699,000 | $656,000 | 1908 |
| 14761 Tyrol | $739,000 | $690,000 | 2128 |
| 11560 Skislope | $759,900 | $730,000 | 2520 |
| 15250 Swiss | $779,950 | $765,000 | 2100 |
| 14567 Tyrol | $795,000 | $715,000 | 2531 |
| 12320 Telemark | $819,000 | $841,000 | 2610 |
| 14411 Swiss | $948,000 | $810,000 | 2700 |
| 11695 Tundra | $1,095,000 | $947,500 | 3220 |
| 13425 Skislope | $1,095,000 | 1,040,000 | 3074 |
Tahoe Donner Condos Sold - October 2008
Condos SOLD = 3
Median List Price = $329,900
Median Sold Price = $309,000
Average Days on Market = 93
YTD TD Condos Sold = 17
Active Listings = 23
Tahoe Donner Lots Sold - October 2008
Lots SOLD = 0
Median List Price = n/a
Median Sold Price = n/a
Average Days on Market = n/a
YTD TD Lots Sold = 14
Active Listings = 71
(YTD = Year-To-Date)
This is provided as a quick snapshot of the monthly market activity in Tahoe Donner. Keep in mind, numbers only tell part of the story. We would be happy to share our day-to-day insight
Selling Your Home in a Buyer’s Market
October 28, 2008
You Don’t Want to Chase the Market…
The first thing a seller must do if he wants to sell his house is to price it correctly for the market we are in. Many of the homes that aren’t selling are priced too high. According to MLS data, the median sales price for single family homes sold in Tahoe Donner during the 2nd QTR, dropped 13.8% from 2005 to 2008.
If you need to sell your property now, it is important to price “on the money” right from the start. Chasing the market is not the position you want to be in when you are trying to sell your house. In other words, you don’t want to be two steps behind the market. You want to be slightly ahead and if you want your house to sell it should be priced better than your competition.
Pricing a home for sale is not an easy task for anyone. It’s tough to be objective because a house represents so many things to each person. It is often said that sellers are the last to know when it comes to the value of their home and buyers, on the other hand, are often ahead of the game. Buyers know the market better than most sellers and they are aware of the risks involved in today’s market and they gauge the price they’ll pay accordingly.
When it comes to pricing your home for sale, we give you individualized and objective information so that you can make an informed decision. In addition to determining the right price for your property, based on an in-depth analysis of comparable active and sold listings, we will also create a marketing program for your home. We utilize Internet resources, print advertising, open houses, virtual tours and more. We work hard at creating a win-win opportunity for everyone.
The state of our current real estate market has provided some excellent opportunities for new buyers to invest in the Truckee real estate market and it can also be a good time for others, who already own, to sell and buy a bigger or different place while the prices are so good.
Our goal is to help you sell your home for the most amount of money in the shortest amount of time and to help find good investments for those who are ready to make purchases.
Which Tahoe Donner Price Range is Hottest?
October 21, 2008
While some buyers seek opportunity in our changing times, others have decided to wait it out to see what becomes of our economy. Some sources say “Ignore the headlines.” An excerpt from TIME magazine continues, “That’s no easy thing. How do you tune out all the chatter and ink on recession, housing, subprime woes, the credit crunch, rogue traders, insolvent bond insurers, $100 oil and nukes in Iran? It’s enough to make you sit on your thumbs and wait before making any big moves. But what exactly are you waiting for?” As John D. Rockefeller famously said, “The way to make money is to buy when blood is running in the streets.”
We have seen many Sellers take advantage of the current market and have sold homes they have ”grown out of” and have been successful at “buying up” into larger properties or better locations. In order to sell, sellers have had to do all the right things to lure buyers. The successful Sellers are those who were priced appropriately for today’s market, kept their homes well-maintained, had properties in desirable locations with easy access and snow friendly designs. This will not change for a while to come. Buyers can be particular right now.
Today there are 159 Active single family home listings in Tahoe Donner. Prices have dropped and there are good opportunities. Whether you want to buy or sell, you should give us a call. We can help you buy with discrimination and if you want/need to sell we can price your property correctly and provide a marketing program that will get your property exposed and sold. Call us!
Winterization Tips
October 4, 2008
EACH WINTER HAVE A SAFETY TALK WITH YOUR CHILDREN. Make sure your kids play in safe areas. Caution them to stay away from areas where snow sheds from the roof. Sledding is fun but it is unsafe when the sled run empties into the street. Dress warm.
GET TO KNOW YOUR PLUMBING. Each year a few people find themselves without water because of frozen water pipes. Prevent this by draining your pipes and by keeping the heat on, at a level where pipes won’t freeze, even when you are away. Although you cannot always predict the wrath of winter, there are a few things you can do to avoid frozen pipes.
DRAIN YOUR PIPES. If you are planning to be away from your home for a length of time, it could be a good idea to drain your pipes to prevent them from freezing.
KNOW WHERE THE PIPES AND WATER SHUTOFF ARE LOCATED. If your pipes do freeze, time is of the essence. The quicker you shut the water off, the less internal damage you will have if the pipes do burst.
INSULATE PIPES OR FAUCETS IN UNHEATED AREAS. If you have pipes in an unheated garage, attic or crawl space, wrap the pipes before temperatures plummet. Heat tape may also be applied to the pipes.
SEAL OFF ACCESS DOORS, AIR VENTS, CRAWL SPACE VENTS AND CRACKS. Don’t let the wind whistle through overlooked openings. This cold air can quickly freeze exposed water pipes.
OUTDOOR PIPES AND FAUCETS. Disconnect and drain outdoor hoses.
NECESSARY HOUSEHOLD MAINTENANCE. Considering the large sum of money that is invested in a home, it is certainly worth it to keep it in tip top shape!
MAKE SURE STEPS AND HANDRAILS ARE IN GOOD SHAPE. Broken stairs and railings can become dangerous when covered with snow and ice.
SWEEP DECKS AND REMOVE ANY LOOSE NAILS OR SCREWS. Remove loose nails or screws and replace with new ones. This will save you a lot of headaches when you can smoothly run your shovel across your deck!
TRIM TREES AND REMOVE OLD BRANCHES. Ice, snow and wind can cause weak trees or branches to break, damaging your home or your car or even injuring someone walking on your property.
PUT YOUR SUMMER TOYS IN STORAGE. Winter can sneak up unexpectedly. Make sure you have your deck furniture, bikes, etc. put way before they get covered with snow.
PREVENT SNOW DAMAGE TO DECKS AND RAILINGS. Some home designs facilitate snow accumulation and damage where we do not want it! If snow shedding from your roof could possible break windows-protect them with coverings.
IS YOUR FURNACE IN GOOD WORKING ORDER? In addition to keeping your pipes from freezing, winter also puts demands on personal comfort.
FURNACE CHECK-UP. Ensure that the thermostat and pilot lights are working properly. The pilot light should be blue. Replace the filters in your furnace each fall.
HAVE YOUR HEATING DUCTS BEEN CLEANED? This is recommended every 5 years. Why pay a higher heating bill if you don’t have to?
CHECK CAULKING AROUND DOORS AND WINDOWS TO MAKE SURE YOUR WARM AIR ISN’T GETTING OUT AND VICE VERSA! Cracked and peeling caulking should be removed completely and the area cleaned & dried thoroughly. Then apply new caulking.
SWEEP THE CHIMNEY. Call a reputable Chimney Sweep to inspect your chimney and flue and to remove any creosote that has accumulated.
LET IT SNOW, LET IT SNOW, LET IT SNOW! Keep snow and ice from building up around the bottom of the garage door so it closes completely.
HAVE THE RIGHT TOOLS. Make sure you are prepared for winter with plenty of good shovels. They need to be sturdy enough that they don’t break yet not too heavy! If you have a snow blower, make sure it is in good repair when the first storm hits.
SNOW REMOVAL SERVICES WILL KEEP YOUR DRIVEWAY PLOWED DURING THE WINTER. Snow removal is a great convenience when you arrive later at night. Remember, you cannot park in the streets during the winter. To help facilitate timely plowing, find out which plow service has the most contracts in your neighborhood.
A FEW WORDS OF CAUTION… Purchase smoke alarms and carbon monoxide detectors for every floor of your house. These should be replaced every three to five years depending on the model. Replace batteries in your alarms at least once a year.
ENJOY YOUR WINTER SEASON!
13453 Cristallina Way, Tahoe Donner
October 4, 2008
ANOTHER Tahoe Donner New Construction Opportunity
This is ANOTHER excellent Tahoe Donner real estate opportunity. If you missed out on the Baden opportunity, here’s your next chance! Designer/Builder Gary York has taken an innovative approach to the custom home building process. He’s come up with the perfect blend…his million dollar design, the addition of his unique architectural touches and rustic elements and a great price. This is your opportunity for a custom design, NEW construction and a “semi-build-to-suit” scenario In Tahoe Donner. The CRISTALLINA WAY lot location is centrally located in the Tahoe Donner community, beautifully treed, backs to greenbelt, close to golf course and has a flat easy access. Engineering is complete. CONSTRUCTION PLANNED FOR SUMMER 2009. Visit our Virtual Tour and see an example of Gary’s previous accomplishments. Call Robbie or Karen for a sneak preview of the next “SCREAMIN’ DEAL”. (530) 412-0583.
- Ready for Construction Spring / Summer 2009
- 3 bedrooms
- 2 baths
- 2 car garage
- 2612 square feet
- Cristallina Way greenbelt location
- $860,000
- Floor plans available; contact Robbie or Karen
- Virtual Tour
- Property Flyer
