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Greetings!
Everything we do to the land within the Lake Tahoe Basin can positively or adversely affect lake water clarity. Human impacts, such as run-off from buildings and roads, and erosion from recreation trails and ski resorts, can seriously harm Lake Tahoe's legendary cobalt-blue water clarity and cause water quality deterioration.Sixty-three streams flow into Lake Tahoe and are the invisible threads that connect the Lake to our homes and us. Everything we use or produce in the watershed -- sewage, fertilizers, pesticides, motor oil, and animal wastes -- can be carried into the Lake.
The Tahoe Regional Planning Agency was formed in the 1969 for the purpose of preserving our most valuable asset - Lake Tahoe. As their mission statement proclaims "Our mission is to cooperatively lead the effort to preserve, restore and enhance the unique natural and human environment of the Lake Tahoe region now and in the future."
The TRPA has recently updated their plan overview to provide a blueprint for the Tahoe Region's sustainable future. This proposal hopes to help individual & collective community evolution in their relation to ecosystems and promote an effective transportation network all in an effort to restore and maintain a healthy and economically sustainable basin. They plan to do this by integrating ecosystem restoration with redevelopment activities that will encourage mixed-use town centers where people can live, work and thrive; a healthy environment will be created for people and the environment alike.
Policies underway include:
- Retaining the established regional growth control systems that have stopped overdevelopment and preserved open spaces.
- Creating a more efficient planning system that integrates TRPA requirements into the plans and permits of other government agencies
- Encouraging property owners to transfer development rights from sensitive or outlying areas to existing town centers with the goal of restoring these lands.
- Eliminating regulatory barriers to environmental redevelopment of rundown buildings.
- Simplifying burdensome regulations for homeowners while achieving threshold gain. *
- Integrating with the Regional Transportation Plan to support sidewalk & bike trails project that reduce automobile dependency and increase walkability and safety.
- Continuing to deliver restoration projects under the EIP that achieve erosion control on roadways and restore forests and wetlands. Priorities include:
- Accelerating water quality restoration and other ecological benefits by supporting environmental redevelopment opportunities & EIP investments.
- Focusing TRPA's resources more on regional planning by integrating rental and local regulations into coordinated area plans.
- Simplifying and streamlining the permit review process.
The TRPA has benefited from unprecedented public participation and would like your involvement at any of their workshops. Go to their website atwww.trpa.org for more information or a schedule of their workshops.
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Market Update - April 2012
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April sales stats are a bit lack luster following "March Madness" with the most noteworthy occurrence being the drop in percentage of distressed sales. Foreclosed and short sale properties amounted to 25% of the total sales as compared to 42% and 43% in the previous two months. Overall sales were down a bit from 108 sales in March to just 90 in April. But also worth mentioning is that the list to sale ratio for April was basically100%. Does this mean sellers are becoming more real in their pricing, or is the lack of inventory playing a part?
Statistics from the Tahoe MLS: the solds from April 1 - 30, 2012:
Tahoe Donner: 22 homes (1 SS) (2 REO), 1 condo
Northstar: 3 homes, 0 condos
Glenshire, Cambridge, Juniper Hill, Juniper Creek, The Meadows: 6 homes (3 SS) (2REO)
Olympic Heights: 0 residential properties
Prosser Lake Area: 0 residential properties
Sierra Meadows, Ponderosa Palisades: 2 homes
Martiswoods, Ponderosa Ranchos: 1 home (1 SS)
Ponderosa Fairway: 1 home
Lahontan: 2 homes (1 SS)
Martis Camp: 1 home
Old Greenwood, Grays Crossing: 1 home
Truckee Proper: 2 condos
Donner Lake: 2 homes, 0 condos
Donner Summit: 4 homes (3 REO), 0 condos
West shore Lake Tahoe: 6 homes (1 SS) 0 condos
Tahoe City: 1 home (1 SS), 3 condos (1REO)
North shore Lake Tahoe: 3 homes (2 SS), 0 condos
Kings Beach & Tahoe Vista: 9 homes (2 REO), 1 condo
Alpine & Squaw Valley: 4 homes, 2 condos
Shared Ownerships - entire region: 4
Mobile Homes - entire region: 1
Sierra & Plumas Counties: 0 homes
Condos and Homes sold over $1M in Truckee and North Lake Tahoe: 3
Highest priced home or condo sold: Martis Camp brought in the highest priced sale for April at $3,300,000. 10754 Avoca Circle is conveniently located directly adjacent to the Camp Lodge and practice field. This home brings contemporary flair to the mountains and boasts 4 bedrooms & 4.5 bathrooms with beautiful sun-drenched views of the Pacific Crest. Many fine finishes as you would expect and the furnishings were included.
Lowest priced home or condo sold: 11850 Glenshire Dr. was a distressed sale and a distressed home in need of much work. Located on a busy street with 2 bedrooms and 2 bathrooms, this home is what we call a contractor's delight! Nice mountain views and a short walk to the Truckee River, hey what do you want for $80,000
The list to sell ratio on the median was 100%. In other words, the homes sold within 100% of the list price! The median list price for this period was $399,925 and the median sale price was $399,475. Using the median price tends to take the extreme highs and lows out of the picture as it is based on the sale of the house in the middle of the pack. The average days on the market were 122.
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| Screaming Hot Deals | |
In this particular spot, we feature the 3 properties in the multiple listing service that we feel are well priced. These are the properties that we wish we had buyers for because we know they are of such value that they will not last long, even in this market. So, for this month, come and get 'em before they are gone. . . .(by the way if when you click on the link you get nothing -- they have already gone under contract).
1) We think that 1009 Snow Crest Road in Alpine Meadows is priced very competitively at $599,000 for a 4 bedroom 2 bath, 1572 sqft home. Location is prime, being adjacent to USFS lands and it includes a 2 car garage!! 2) This Short Sale located at 11450 Cinder Cone Drive in Martiswoods Estates comes with one full acre of land. The 3 bedroom 2.5 bath home boasts 2376 sqft. This home would have easily sold for $800,000 2 years ago. Banks loss will be the new buyers' gain! 3) Over on the west shore of Lake Tahoe is this little surprise -- also a short sale. Located at 6600 McKinney Creek Road is a tidy little 3 bedroom 2 bath home and a super reasonable listing price of $298,000. With the money you save, you could even paint it!!
The best feature of this property is the neighbor -- ask us about it.
Be sure to contact us if you would like to take a look at any of these properties!
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| Worst Deals on the Market | |
These are the properties for sale that we feel are the worst priced homes on the market in our multiple listing service. Every month we will choose 2 or 3 properties which, for one reason or another (usually price) are something we alone feel are not going to sell anytime soon. Remember, this newsletter is purely and solely our opinion - there is nothing here that indicates that it is ANYTHING but our opinion.
1) Yes Squaw Valley is a prestigious address and yes, this home is located in a really nice setting BUT couldn't they just do something about the curb appeal? 209 Trails End is located at the end of the Winding Creek subdivision and boasts 4 bedrooms, 2.5 baths and even a 2 car garage but at a price of $413.42 per square foot, you would expect a little bit more bling. 1033 days on the market about says it all. Originally priced at $995,000 and reduced in April to $850,000.
2) 7900 Highway 88 ? is that somewhere near here? - check out the link it looks heavenly. A log cabin perched in the middle of 40 acres. Who knows maybe $1,500,000 is not too much for this place but how would we know? If you like it, let us know, we will refer you to someone in Kirkwood. -- what's it doing on our mls?
3) Okay, 14678 Alder Creek Road in Tahoe Donner has come back on the market for the 2nd time. It is a short sale and its $292,352 price looks like a great entry level 2nd home until you realize that the HOA will not let it close until the $11,000 in back dues is paid up AND the buyer pays to pave the easement to the neighbor. This looks like a pig in a poke to us!
Be sure to let us know what you think that any of these properties will sell for by contacting us here and when it does, the entry closest to the actual sale price will win a gift certificate.
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BEWARE - TIME SHARE SCAMS!!
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Lots of people have time shares that they have purchased over the years. For some people it just works better that they are able to trade their vacation spots over the years instead of buying a single family vacation home and going there every year for vacation. No problem. They definitely serve a purpose in a certain market.
Sooner or later the owner of a time share reaches a stage in their life when he no longer wants or is able to travel to and from the time share they own. At this point they decide that they want to sell them. Unfortunately these types of properties are so abundant that they are somewhat difficult to sell. To a potential buyer, they look like a good deal but the carrying costs are considerable -- sometimes $200-$300 per month. This is a lot of money, especially for a senior living on a fixed income.
Enter the scammer . . . You get the phone call in the evening -- "Mr. Smith, do you want to sell your time share? We can sell it for you in 90 days. All you have to do is send us a check for $2000 to cover the initial advertising costs. Here is the address to mail your check to. Just as soon as we receive the check, we will begin advertising your property and get you a buyer!" Mr. Smith, a gullible, older and trusting soul proceeds as the scammer directs him and whoosh -- the $$$ is gone and so is the scammer. We have seen this scenario first hand -- amongst family members. It works, and there really is no recourse!
Apparently these scammers target people who advertise condos for sale but they also get a hold of lists of timeshare owners. So beware -- if someone contacts you offering to sell your timeshare for you -- don't send them any money!!!!
Some people work so hard at not working . . . why doesn't this scammer spend his/her time doing something legitimately?
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Kappy, Jennifer, Jody and Christie have a combined 67 years in the Real Estate Profession. We are committed to giving our clients the most up to date Real Estate information and Stellar Service because, We Love Our Work and So Will You! Call us or e-mail us for information about the Tahoe Truckee Real Estate Market. By the way, if you think any of this information might be of interest to anyone you know, feel free to forward this newsletter. We would really appreciate it!
Sincerely,
Kappy Mann, Jennifer Boehm, Jody Scowcroft & Christie Coker
Keller Williams Real Estate
530 563-6165 |
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**INCENTIVE**
Prosser Lakeview Estates
HOMEOWNERS! |  | |
Because we believe this is such a great time for our sellers to get ready to put their homes on the market, and because there is such a lack of inventory we are offering an incentive toany
Prosser Lakeview Estates Homeowner who signs a listing agreement with us before our next newsletter is published. With a successful sale,
JK Real Estate will credit $1,000 towards your closing costs for any sale of $100,000 and over.
Rather than keep all the goodies in one place, we plan to move this incentive to YOUR neighborhood next month!!
It is just one more way for us to say
Thank You, we appreciate your business!
Contact us Here or call us at 530 320-0878 or 530 400-0531 today!!
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BMP Tahoe |  | |
Basile Management Practice is a TRPA certified evaluator with civil engineering & landscape contractor's licenses in both Nevada and California. Owner Rob Basile has 10+ years of civil engineering experience in the Lake Tahoe Basin and coupled with his extensive horticulture experience of propagation and irrigation gives Rob a well rounded perspective to BMP design and construction.
Their services include:
Temporary & permanent BMP design, installation and maintenance
Revegetation & soil restoration
SWPPP preparation, monitoring, compliance, reporting
Drainage solutions
Tree removal
Landscape and irrigation systems
Retaining walls and so much more.
Rob Basile has been recommended to us many times over and we have seen his bids for BMP compliance work beat out the competition more than once.
Give Basile Management Practices a call for a free site evaluation.
Visit www.BMPtahoe.com
or call Rob at
(530) 308-2920
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Happy Mother's Day! | |
Mom is such a special word, the loveliest I ever heard.
A toast to you, above all the rest.
Mom, you're so special, you are simply the best!
We hope that all of you amazing Mothers had a very special Day indeed!
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Required Boat Inspections for Lake Tahoe Use |
Did you know that in order to put your boat into Lake Tahoe you are required to have an inspection? Yes, that's right. In order to avoid the introduction of invasive species such as Zebra Mollusk, the TRPA has instituted this practice. to make sure you are prepared when you bring your boat to the lake, check out the information here to find out where the inspections are performed and who must be inspected. By the way there are some pre-planning activities you need to take before you arrive at the inspection so be sure to read the instructions so you won't be delayed. Boat needs to be clean and dry.
All in an effort to keep our beautiful lake clean and clear for all to enjoy!
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2012 Truckee
Relay for Life |  | |
Once again JK Real Estate will have their team out on the track walking for 24 hours straight, why? - because cancer never sleeps - and for 24 hours neither will we!
For the past 4 years Kappy & Jennifer have been participating in the Cancer Society's largest fundraising event to help raise funds and awareness to this disease that affects so many each and every year.
We invite you to join us by donating to our team or come out to the event and experiene first hand why we do what we do!
July 14 & 15, 2012 Truckee High School Field Click here to make a donation to the JK Real Estate Team |
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