April 2016

Found 5 blog entries for April 2016.

As a realtor who works both sides of Lake Tahoe, I like to share with my clients the tax differences between the California and the Nevada side of the lake. As many people know, Nevada has no state income tax, no tax on inheritance, and no pension tax. But property tax bills can present similarly significant savings on the Nevada side of lake Tahoe.

Two lakefront properties that are currently for sale present an excellent example of how this is possible.  One is on the California side of the lake in Star Harbor, a marina just outside of Tahoe City fed by a year-round creek, with natural water features, and floating docks (in a good water year). It's Unit 20, pictured here, a beautifully remodeled lakefront 3-bedroom priced a bit above $1.5 million.

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As a realtor who works both sides of Lake Tahoe, I like to share with my clients the tax differences between the California and the Nevada side of the lake. As many people know, Nevada has no state income tax, no tax on inheritance, and no pension tax. But property tax bills can present similarly significant savings on the Nevada side of lake Tahoe.

Two lakefront properties that are currently for sale present an excellent example of how this is possible.  One is on the California side of the lake in Star Harbor, a marina just outside of Tahoe City fed by a year-round creek, with natural water features, and floating docks (in a good water year). It's Unit 20, pictured here, a beautifully remodeled lakefront 3-bedroom priced a bit above $1.5 million

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During the many years I lived in Tahoe Donner, one of my favorite spots was the Euer Valley, a pristine stretch of the High Sierra long owned by the family that bears its name. For many years, access to the valley floor was limited to the winter months, when the Tahoe Donner homeowner's association leased it for their cross country ski operations (38 miles of beautiful - and groomed - terrain).  The Euers ran cattle in the valley during the summer, and bikes or joggers were not allowed. That changed in 2011, when Tahoe Donner purchased almost 500 acres of the valley for year-round use. And a good thing is about to get even better ...

 Tahoe Donner is adding another 640 acres to this open space paradise with the purchase of Crabtree Canyon and the

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Some of Reno's most popular condo complexes are showing strong gains over last year, with median sales prices in areas like Silver Creek and Fleur de Lis up 30 to almost 40% over 2015.  At Silver Creek, just off the Robb Drive exit in NW Reno, 12 units (2+ bedrooms) sold in the 1st quarter of this year, compared to just 4 at this time last year. And the median sales price at Silver Creek is up to $157,500, just $1k under the median asking price. The highest price for a 2-bedroom so far this year is $165,000, and one of the 3-bedroom models fetched almost $190k.

With summer approaching, sales of condos like these with swimming pools tend to benefit from the rising mercury.  The Resort at Tanamera, which has a year-round heated pool, has seen prices

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An analysis of 1st Quarter home and condo sales in Tahoe/Truckee reveals that Tahoe Donner posted the strongest gains over this time last year.  From January to March of this year, 73 homes were sold in Tahoe Donner, more than a 50% gain over 2015. The median sales price also rose to $584,000, with the most expensive being a 4-bedroom home on Skislope that sold for $1.3 million cash (more than $200,000 over the asking price).  The "Lodgettes" near the Tahoe Donner ski area remained the most affordable way to dip a toe into the resort market, with prices still below the $80,000 mark for a studio.

Sales at the Lake were down slightly compared to the 1st quarter of 2015, with Tahoe City and the North Shore communities holding a steady pace with last

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