Thinking of Selling?
CDA/Post Falls/Hayden—100 Multi Family units, 6/7 cap rate, True P&L’s–$6,000,000.
CDA/Hayden—Cuteness factor a must, 3bd/2ba 1500+ sq ft, 100k cash seller to carry the rest $150,000-$175,000.
CDA/Hayden/Post Falls—Newer single level home with min of 1800sq ft on main floor, giant master closet, space for formal dining and nook area, well maintained neighborhood. Up to $230,000.
Downtown CDA—Home in good condition under $150,000.
Post Falls—Home with privacy, trees, spacious home, shop would be great, up to $230,000.
CDA/Hayden/Post Falls/Rathdrum— 2BD/1BA, garage, fenced yard, must go FHA or USDA, around $100,000.
CDA/Hayden—Main level living, 3BD/2BA, large lot for shop, 2+car garage, prefers large trees, under $200,000.
Recreational lot on the St Joe River above Calder, price depends on property.
CDA/Post Falls— On Lake CDA or Spokane River, deep water/dock, 2 living quarters up to $1.2
CDA/Hayden—Bentwood park, canfield park or east of Government, 1800+ sq ft, 3BD/2BA, up to $325,000.
Downtown CDA—Within walking distance of farmers market area, 23 living quarters or ability to have them. Up to $200,000.
Post Falls/CDA—3,000+ Sq Ft, granite/stainless type finishes, acreage ok. Up to $400,000.
CDA—Lake CDA or Spokane River waterfront home, in like new condition, with dock, 2,500+ Sq Ft, up to $700,000.
Athol—5 acres, 1,500-2,000 Sq Ft, treed property, Athol south to state line. Up to $200,000.
Ohio Match South—1,800+ Sq Ft, very private and close in, treed property. Up to $265,000.
What is your property worth in today’s Real Estate market? Find out!
Call us for a FREE, NO OBLIGATION Comparative Analysis of your home, land, or business or commercial property.
Thinking of Selling?
Post Falls—Home with shop, home size is not an issue, but must be in pretty good condition—up to $159,000
CDA/Post Falls—single story, private, treed, 2000SF, 3bed/2bath home–$300,000
From I 90 to downtown—3bed/2bath, min 1500SF, older look, nice neighborhood–$250,000
CDA/Rathdrum/Hayden/Post Falls—main floor living, 1800SF, 3bed–$180,000
North Idaho—3bed/2bath with room for horses–$180,000
CDA/Hayden—single level /all main floor living, 2+bed/2bath, larger lot at least .25 acre with large trees—up to $160,000
Is North Idaho Good for Business?
The Idaho Fifth District Legislators seem to think so! Their publication, Northern Idaho Offers Everything a Business Wants and Needs outlines several compelling reasons for businesses to locate or relocate to Northern Idaho. We invite you to download the pamphlet from our website’s Market News page:
Bottom Line? Idaho’s Economic Climate is FANTASTIC for Business!
Here’s a summary of the pamphlet’s content:
- Apples-to-Apples Cost Comparisons
Compares the cost of doing business in Idaho vs. California, Oregon & Washington State. Includes costs of Labor, Workers Compensation, Fringe Benefits, Utilities, Property Taxes, Corporate Taxes, Cost of Living.
- Contact Information Resource
Catalogs contact info of key North Idaho Business Leaders, Economic Specialists & Government Officials who can assist potential businesses in their evaluations of locating or re-locating in Northern Idaho.
- Outline of North Idaho’s Educational Opportunities
- Testimonials of Prominent North Idaho Businesses
- Lists North Idaho’s Attractions
Addresses the Quality of Life advantages in living in Northern Idaho.
Interested in re-locating your business to North Idaho? Are you thinking about launching your new Entrepreneurial Endeavor?
Realtor (R), CNE
View our Commercial Property Listings
Search the Coeur d’Alene Multiple Listing Service on our website
- NORTH IDAHO: Terrific Economic Climate for Business
- NORTH IDAHO REAL ESTATE: Price Reduction on Lake Coeur d’Alene View Home
There you have it! USNews.com has discovered what the rest of us have known all along. This time, Post Falls has been recognized in the Top 10 Most Affordable Mountain Towns for Retirement. Below are excerpts from the full article:
10 Best Affordable Mountain Towns for Retirement
These places offer scenic views and groomed slopes at economical prices.
Posted: July 12, 2010
…To find this and other low-cost mountain towns, U.S. News fired up our Best Places to Retire search tool. We looked for places that offer access to plenty of skiing, trails, and wildlife, while still providing affordable housing and a reasonable cost of living. We also used the Onboard Informatics data to screen for other retiree-friendly characteristics, such as access to healthcare and a low crime rate…
Few aspiring retirees have enough saved to buy a retirement home in Aspen or Lake Tahoe. But if you’re willing to look beyond the most well-known ski resorts there are mountain towns that offer scenic views and well-groomed slopes at far more affordable prices. In Salt Lake City, the host city for the 2002 winter Olympics, the average home sale price has dropped by 11.92 percent since last year. And in Bend, Ore., average housing prices decreased by a whopping 17.62 percent since 2009. Redding, Calif. and Post Falls, Idaho have also experienced recent drops in average housing prices, which could mean bargains for newcomers. …
Check out these 10 affordable places to retire in the mountains:
Post Falls, Idaho
Salt Lake City, Utah
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as well as
(brand new listings on the market)
1. The cost of an alternative that must be forgone in order to pursue a certain action. Put another way, the benefits you could have received by taking an alternative action.2. The difference in return between a chosen investment and one that is necessarily passed up. Say you invest in a stock and it returns a paltry 2% over the year. In placing your money in the stock, you gave up the opportunity of another investment – say, a risk-free government bond yielding 6%. In this situation, your opportunity costs are 4% (6% – 2%).Investopedia explains Opportunity Cost
1. The opportunity cost of going to college is the moneyyou would have earned if you worked instead. On the one hand, you lose four years of salary while getting your degree; on the other hand, you hope to earn more during your career, thanks to your education, to offset the lost wages.Here’s another example: if a gardener decides to grow carrots, his or her opportunity cost is the alternative crop that might have been grown instead (potatoes, tomatoes, pumpkins, etc.).In both cases, a choice between two options must be made. It would be an easy decision if you knew the end outcome; however, the risk that you could achieve greater “benefits” (be they monetary or otherwise) with another option is the opportunity cost.
We’d love to help you decide if buying is right for you. Let us help you calculate your own Cost/Benefit Analysis.
It’s probably no surprise that rising interest rates have a significant impact on your pocket book.
But how much of an impact? The True Cost may shock you!
The average stay in a home is 5 to 7 years
according to the National Association of Realtors®.
Knowing you like to stay informed, we have provided three real-world home buying scenarios in the graphics below. From these hypothetical comparisons, we hope you can get a better idea of the true cost of the interest rate hikes that are expected in the near future.
Assuming that you remain in your new home for 7 years, it is very clear the HUGE impact of rising interest rates.
WAITING TO BUY could cost you THOUSANDS of dollars!
Home “A” Costs $150,000
At the current interest rate of 4.875%, the monthly payment will be $797.
If you wait until the interest rate rises to 6%,
your monthly payment will increase by $85,
for a total annual increase of $1020!
If you stay in that home for 7 years,
you will be spending $7140 MORE!
What could you do with an extra $7140?
Waiting to purchase this $250,000 home could cost you
$140 per month
$1680 per year
If you stay in that home for 7 years,
you will be spending $11,760 MORE!
What could you do with an extra $11,760?
What could you do with an extra
Are you waiting for a lower purchase price?
The “savings” of a few thousand dollars off the purchase price will actually COST you THOUSANDS when the interest rates rise.
Don’t wait to make your next Real Estate move.
As experienced REALTORS®, and long-time North Idaho residents, we can provide an impressive list of professionals whom we’ve come to trust over the years. With our expertise in guiding our clients through all kinds of Real Estate transactions, we are uniquely qualified to help you achieve your real estate goals in 2011!
We’ll help you navigate through every phase of the process.
Randy Oetken 208-660-0518
Christy Oetken 208-660-0506
Our Annual Windermere Report (see link below) is an overview of last year’s real estate market and a forecast of the trends, opportunities, and challenges we can expect in the coming months.
Forecasting the future is always a risky business. However, we continue to remain optimistic about the future of our local real estate market. Why? Because families and retiring baby boomers will continue to seek out healthy communities that offer recreational opportunities, excellent schools and quality health care. And here in Kootenai County, we have these in abundance!
Are you interested in learning how all of this relates to the value of your property in today’s market? Whether you are evaluating investment strategies, tax or estate planning, or perhaps considering a change of address, we are here to help you! We would be happy to prepare a market value report for you, compiled on activity in your local neighborhood and specific to your property.
If you would like a custom market value report, or if you know of someone who needs professional advice regarding real estate, please don’t hesitate to call us.
In the meantime, we hope you find the “Windermere Report” informative. We look forward to talking to you soon.