New North Idaho Real Estate Listing: 40 Acre Lake Coeur d’Alene View Ranch with Log House
GET PRIVACY
Get SERENITY
Get AUTONOMY!
Get out of the noise & crowding of the city…
Get back to Nature.
There’s nothing like the independence you get from Ranching on your own property, and this particular acreage is already equipped for the work & lifestyle you love.
Get your Private 40 Acre Ranch!
Up at dawn?
Coffee aromas drift around this 2700 sq ft Daylight Log Home while you read the paper or check the weather report for the day. Tongue-in-Groove Ceiling & Log Accents shelter the Living Room, while Gas Fireplace & Skylights warm the heart and the hearth The Large Kitchen with Pantry means fewer trips into town.
Central Air, Main Floor Laundry & newer Carpet & Laminate add to the home’s obvious Country Charm.
Day’s End is just as idyllic.
The Wrap-Around Deck offers front-row seating to the best show in town: Sunset’s fiery kaleidoscope of color and the Moon Rise’s sparkle atop the blue waters of Lake Coeur d’Alene!
An Adirondack chair might be a good choice, but perhaps your favorite perch is the Spa/Hot Tub to relax those muscles after putting in an honest day’s work.
The work is made so much more convenient with the other amenities on this Fenced & Cross-Fenced Acreage.
A very large Work Shop has pull-through side parking, wood stove, 200 amp power & 10′ door.
In fact, this property can accommodate covered parking for at least 6 vehicles and has a paved drive!
The acreage also has a Chicken house & fruit trees, and the house’s lower level, finished walk-out basement features a large storage room, suitable for “putting up” food stores for winter, if you like.
Want more storage? How about the additional Storage Building, which also includes Guest Quarters and a Loft.
Open fields and wooded areas grace the 40 acres, a private “country home” feel, but easily accessible via Paved Road.
Now all you need is a tour…
We can arrange that! Call us today for your tour!
$575,000
Call us today to arrange your private tour!
Christy Oetken
of
Windermere Coeur d’Alene Realty
208-660-0506
Check it out at
www.RealEstate-Browser.com/Daylight Log Home on 40 Acres
also
www.RealEstate-Browser.com/40 Acre Lake-View Ranch
Text GOZZ to 72727
Build Your Custom 5+ Acre Estate: NEW 2011 Lot Pricing
Selkirk Meadows 5+ Acre Parcels
30+ Parcels are available!
We have Builder Packages
-or-
Bring your own builder!
New 2011 Lot Pricing – starting at $69,900
$69,900 4.51 Acres
$69,900 4.78 Acres
- extensive knowledge of the building industry
- an impressive list of professionals whom we’ve come to trust over the years
- years of experience in guiding our clients through all kinds of Real Estate transactions
We are uniquely qualified to help you build your home.
As REALTORS®, we’ll help you through every phase of building your house, so you can build your life. We can help you find Builders, Floorplans, and Land for your Dream Home or Estate.
Call Randy Oetken 208-660-0518
Check it out at www.RealEstate-Browser.com
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How to Compete Against Bank-Owned and Short Sales Homes
Here’s a blog article that we thought you might appreciate, written by a noted Short Sale Real Estate expert.
Wondering what your Coeur d’Alene area property is REALLY worth in today’s market? Call us for a FREE Market Analysis.
We’d love to help you get the information you need, and to help you decide if selling your property is right for you.
Put us to work for you!
By Elizabeth Weintraub, About.com Guide
If the house for sale next door to you is a bank-owned home, but all the other homes for sale in the neighborhood are not, you don’t have much of a problem. However, if most of the homes that have recently sold in your area were bank-owned homes and short sales, you have a problem. That problem is you must compete with foreclosures and short sales to sell your home.
Your home’s market value is directly related to distressed sales if those short sales and foreclosures dominate the neighborhood.
Prior to the real estate bubble of the mid-2000’s, appraisers would often ignore the distressed sales when appraising a home. Since then, appraisers pay close attention to the number of distressed sales that have closed and those presently for sale. What’s a regular seller with equity supposed to do to compete?
Pricing a Home With Equity Against Foreclosures and Short Sales
Pricing a home is at best a mix of facts, science and emotions. It’s a combination of wearing a seller’s hat and stepping into the buyer’s shoes. Bear in mind that it doesn’t matter much how much you think your home is worth if a buyer disagrees. Try answering these 3 questions:
- What would make a buyer buy your home over a foreclosure or a short sale?
- Why would a buyer’s lender appraise your home for more than a foreclosure or short sale?
- How much more is your home worth than a distressed sale?
You might be surprised at the answers. The truth is your home is not worth a whole lot more than a foreclosure, even if you put in upgrades, if all the recent sales are foreclosures and short sales. Appraisers don’t give a huge allowance for upgrades like they used to do.
Buyers want a good deal. They might buy a home that needs carpeting, for example, if adding the cost of new carpeting still makes that bank-owned home’s price attractive. On the other hand, if your home, with equity, is in tip-top shape and priced within the range of distressed sales, a buyer is much more likely to choose your home.
However, say, a bank-owned home priced at $200,000 needs $10,000 worth of work or improvements. If your home doesn’t need any work, a buyer might offer only $210,000 for your home.
Examine the Foreclosed and Short Sale Comparable Sales
- Look at every similar home that has sold in the neighborhood over the past three months to determine comparable sales. The list should contain homes within a 1/4 mile to a 1/2 mile and no further, unless there are only a handful of comps in the general vicinity or the property is rural.
- Pay attention to neighborhood dividing lines and physical barriers such as major streets, freeways or railroads, and do not compare inventory from the “other side of the tracks.” Where I live in the Land Park neighborhood of Sacramento, for example, identical homes across the street from each other can vary by $100,000. Perceptions and desirability have value.
- Compare similar square footage, within 10% up or down from the subject property, if possible.
- Compare homes with similar ages. One neighborhood might consist of homes built in the 1950s, co-mingled with another ring of construction from the 1980s. Values between the two will differ. Compare apples to apples.
Tip: I suggest to my Sacramento clients that they price homes among distressed sales a little bit below market value. This tends to drive multiple offers as buyers outbid each other, resulting in a higher sales price for sellers.
http://homebuying.about.com/od/sellingahouse/qt/compete-foreclosure-short-sale.htm