Real Estate Blog

Pati Johnson reports that her dog, Henry, ran off near the Tahoe Donner downhill Area. He has a collar and is chipped. His leash is on him. Please repost everywhere. He is only 10 months old. 55 lbs brownish red. Please call if you find him ... Pati Johnson 530-587-7134

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Developers proposing the construction of a Grocery Outlet across from Safeway are hosting a community meeting at 6 p.m. on Thursday, Jan 11 to hear what residents think of the project. The meeting will be held at the Hampton Inn on Highway 267, and all are welcome to attend.Grocery Outlet, Truckee 

 The 17,568 SF Grocery Outlet would include 44 parking spaces and two residential apartments on the 1.5 acre Donner Pass Road site. The announcement comes on the heels of the Planning Commission approving a 35,000 SF Nugget Market in downtown Truckee as part of the Railyard development.

Click here for details on the Nugget grocery store.

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Looking for a vacation property that Cash Flows?  Big Horn Lodge at Northstar

Consider this turnkey opportunity in the Village at Northstar ... Big Horn, Unit 301 

 

 

Park your car in the underground heated garage, grab your skis from the locker, and you're just steps from the Gondola. Watch the skaters from your private balcony, walk to dinner or the movie theatre, or just kick back at home.  With year-round heated swimming pools, hot tubs, and two fitness facilities, Northstar's Village is hub of activity throughout the year. 

This unit has an excellent rental history, and rents for more than $900/night during the peak season. If you have been thinking about a property that offers the ultimate in convenience and fun, plus the opportunity for rental income when you

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Downtown Truckee came one step closer to getting its own grocery store this week, when the Town Planning Commission signed off on a proposal to build a 35,000 SF market in what used to be a part of the train yard. The project is being proposed by Nugget Markets, a boutique grocery store chain with 12 locations in Northern California. Nugget Market DavidDescribed by some as a cross between Whole Foods and Trader Joe's, Nugget is known for offering gourmet selections, including craft beers, fine wines, and locally sourced beef and produce. With addresses in Tiburon, Corte Madera, and Sonoma, Nugget is catering to some well-heeled customers, and while their prices tend to be higher than larger chains, some online reviewers describe it as "the nicest grocery store" they have

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 What's a Ski Lease?  That's a question I was asked last week, reminding me that as realtors we sometimes assume our everyday jargon is commonplace. A ski lease is a short-term rental of your home for the ski season, usually at a higher monthly rate than what it would fetch as a full-time rental. They typically run from November or December through March or April Skiing at Lake Tahoe(last year's epic Tahoe winter had many asking to extend, as the ski season stretched into the summer months). For those who love Lake Tahoe, but not the winters, a ski lease can be a great way to defray the cost of owning a vacation home.

A nice 3-bedroom home or condo that sleeps eight could rent for for $2,500 to $3,000 per month (luxury properties fetch luxury rates). Multiply that by 5 or

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1. Save Money on Taxes .      With no state income tax, no tax on social security or pensions, and relatively low property taxes, retirees domiciling themselves in Nevada stand to save thousands per year. Smartasset.com has a convenient calculator to determine your savings. For a better understanding of what it means to "domicile" one's self in Nevada, visit Ashley Quinn CPA's website.

2. The Golf Season Lasts Longer .      With more than 300 days of sunshine per year, and a temperate climate, you can golf almost the whole year.  It does snow in Reno (less than 2 feet per year on average), but it doesn't stick around for long. 

Click here to browse homes in Reno's top Golf & Country Clubs

3. Reno Tahoe International Airport .      Many of my

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September seems a little early to be thinking about skiing, but ... Hey, it snowed at Lake Tahoe last week! If you enjoy skiing enough to consider buying a season's pass this year, maybe it's time to think about purchasing a property here instead of renting this year?  With fewer buyers in the market, the shoulder season is a great time to pick up a deal. And the Tahoe real estate market is varied enough to offer something for every taste and budget.

Northstar     From the original Ski Trail condos beneath the Village gondola, to the contemporary homes surrounding the Ritz-Carlton, Northstar has become a year-round resort destination with lodging and activities for the whole family.

Ski-In, Ski-Out     For the ultimate in convenience, skip the

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It's a great old house in the perfect location - walking distance to the lake, good schools and an oversized grassy yard. The price is right, but from plumbing to the roof, it needs a total overhaul. What do you do? Most buyers walk at that stage. Some see opportunity. Location is everything in real estate, and a fixer-upper in a good neighborhood is usually well worth the investment in upgrades. But buyers on a budget often don't have a pile of cash on hand for a costly remodel. One solution is the FHA 203(k) loan that rolls the cost of a remodel and the purchase of a home into one loan with as little as 3.5% down.

Owners and non-profits with decent income and good credit can qualify, but not investors. The remodel must cost at least $5,000 (and up to

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So you want a condo in Tahoe? Or maybe a cabin of your own with a little yard, and elbow room, and no homeowner's fees. Condo or single-family home?  Close to half of my buyers flipped-flopped on this question last year, and buyers who are on the fence ask the same question: which one is better for me?  The answer depends on your goals.

Convenience vs. Constraints    

Most condos and townhomes are maintained by a homeowner's association, eliminating the need for costly exterior repairs, landscape maintenance and snow removal. And the convenience of a turn-key vacation property in your favorite destination is a price worth paying for some.  If you work long hours at a stressful city job all week, the last thing you want is to spend all weekend

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Who hasn't dreamed at some point about a cabin at the lake, especially Tahoe, with its grandeur and year-round recreation. As we round into the final dog days of summer, this week is possibly the best time of year for seeing those lakeside cabins. The days are hot, and the afternoons are often broken by thunderstorms that blanket the forest with cool rain and invite a welcome retreat to the shelter of a covered porch.

In the spirit of summer, I'd like to to offer you 7 of my personal picks for charming cabins at or near a lake in Tahoe (plus a few tips for buying one that will also serve you well throughout the winter).

 

537 Log Cabin Rd, Meeks Bay  $595,000 

Built in 1936, this cabin is a testament to a generation that looked to Tahoe for a

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