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2011 YTD STATS: Curious About the Real Estate Market in Our Area?
Just staying in touch!
If you are interested in knowing what is going on in our area, give us a call. We stay on top of all the changing market conditions in our area.
Call us today!
208-660-0506
Want to know more about what’s going on in our area? Get the scoop! We post Market News regularly on each of these internet sites:
Check out our blog
http://realestatebrowser.wordpress.com/category/market-news/
Like us on Facebook
The Oetken Group: Own The Lifestyle
Visit our Website
http://www.realestate-browser.com/marketnews.php
Gated 15 Acre Coeur d’Alene Lakefront Estate
Reminiscent of an English Country Manor, mortared in Rocky Mountain Granite, this singular Lake Coeur d’Alene gated estate has few rivals. While premium waterfront property typically claims no more than a mere acre or two, this massive gated estate is nestled on a full 15 Acres, on 510 feet of deep water lakefront.
Incomparable cerulean lake views from large Palladian picture windows adorn most spaces of the 7330 sq ft 6 Bedroom, 5.5 Bath Main House. Generous expanses of Eastern Butternut hardwood flooring, tongue-in-groove vaulted ceilings & hand-hewn beaming grace the interior of this Cross-gabled Tudor Revival.
Interior hallways and a foyer are founded in Idaho Diamond Plate Rock. Grand Stone Fireplace takes a well-deserved seat of honor in the formal living room. Sun-drenched Palladian picture windows frame a breathless blue Lake View from the exquisite Formal Dining room, featuring a built-in sideboard. That St Charles cabinetry is augmented in the Gourmet Kitchen, & faces a full suite of appliances, including built-in refrigerator. The chef who masters this domain is treated to another Lake Vista, as well as a large granite island breakfast bar with prep sink & gas Cooktop.
Fairy-tale Master Suite has a Gas Fireplace framed in a charcoal surround with White Mantle & hearth. The restful watery dreamscape is again a dominant focus to this heavenly retreat.
Trophy room is perfect for any prize: from big game or your Biggest Games. Equipped with a “Murphy” bed and its own bathroom, this could also serve as a 6th bedroom or guest room.
Daylight lower level boasts a Home Gym, Wine Room & Theater Room with two rows of theater-style seating. Also included in lower level are 2 full bedrooms with bath, sitting room and secret safe room.
Main Level Family Room features a wood-burning fireplace in a rocked wall with media niche, flanked by two walls of Lake Views, one of which opens onto an Outdoor Patio.
The grounds are beautifully landscaped with paved walkways and stairways, granite rockwork walls, lush shrubbery, colorful flora & Champion-Quality Tennis Court.
The Luxury 1500 sq ft guest house could serve as two separate guest quarters. Main Level has a Rocked Corner Fireplace in the Great Room, Master Suite & Full Granite Kitchen. Upper Level features a Bedroom Suite with Granite Kitchenette. Guest House also features un-impeded Lake viewing.
Scenic patios boast views of Lake Coeur d’Alene and pine-, fir- and tamarack-studded mountains.
By day, bask in sunny North Idaho perfection from the Sandy Beach at the waterfront. Swim fish or launch almost any type of watercraft from the 1110 sq ft, 3-slip Boat Dock with Lift. Gather around the Outdoor Fireplace at day’s end for an evening of star-gazing.
An adorable single-room ‘Duck House’ on the waterfront might be suitable as artist’s studio or a play cabin.
Located five miles from The Golf Club at Black Rock, a world-class members-only community.
Take a Virtual Tour!
Call Randy or Christy Oetken
of Windermere Coeur d’Alene Realty
208-660-0506
Check it out at www.OwnTheLifestyle.com
What is the True Cost of the Interest Rate Increase?
Dear Friends,
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!
Consider this:
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!
(Visit our website to view larger PDF graphics of these three scenarios.)
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
$21,840?
Thinking of buying? Now is a great time, if you want to save $$ in your monthly budget, as well as over the life of your potential mortgage.
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.
Call Now
to take advantage of
High Inventory and Low Interest Rates!
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
Oetken@RealEstate-Browser.com
Oetkens Named 2011 Windermere Coeur d’Alene Realty Top Listers
Here’s a “sneak peek” at our Front Page Ad that will be published in tomorrow’s Coeur d’Alene Press.
Thinking of selling? We’re hard workers. Put us to work for you!
Call us for your FREE Comparative Market Analysis.
To see what your home, land, investment or commercial property is worth in today’s market, call
Randy Oetken
208-660-0518
or
Christy Oetken
208-660-0506
of
Windermere Coeur d’Alene Realty
Oetken@RealEstate-Browser.com
We will work hard for YOU!
Visit our websites:
GATED 15 ACRE LAKEFRONT ESTATE | LUXURY HOME
– GATED 15 ACRE LAKEFRONT ESTATE | LUXURY HOME.
View a photo tour on www.LuxuryPortfolio.com
Call to schedule your private tour of this Luxury Estate
Christy Oetken
208-660-0506
Remembering “Browser”
Our Schnauzer “Browser” was probably the most famous dog in Idaho. Over the years, we have featured him in our print and electronic advertizing. He’s even been on a billboard! If you had the pleasure of knowing him, you’ll know that he was on of the best Public Relations reps ever!
Our faithful little buddy passed earlier this year. Although we miss him very much, we are so grateful for the years and blessings of his precious friendship. (In Loving Memory of Browser)
We can hardly forsake his memory especially now. Since he was such a huge part of our Real Estate business as well as our personal lives, we beg your indulgence as we continue doing business in his memory for a little while longer.
When you think of Browsing for Real Estate on the internet, we hope you’ll remember our “best friend” and visit websites that bear his name: www.RealEstate-Browser.com.
Visit Browser’s Facebook Fan Page, “Browser’s BFF’s“
Just Listed: Serene 1.92 Acre in Gated Community
We have Builder Packages
-or-
Bring your own builder!
We offer:
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.
Put us to work for you!
Contact
Randy Oetken
of Windermere Coeur d’Alene Realty for more details:
208-660-0518
Randy@RealEstate-Browser.com
Gated 15 Acre Coeur d’Alene Lakefront Estate
Reminiscent of an English Country Manor, mortared in Rocky Mountain Granite, this singular Lake Coeur d’Alene gated estate has few rivals. While premium waterfront property typically claims no more than a mere acre or two, this massive gated estate is nestled on a full 15 Acres, on 510 feet of deep water lakefront.
Incomparable cerulean lake views from large Palladian picture windows adorn most spaces of the 7330 sq ft 6 Bedroom, 5.5 Bath Main House. Generous expanses of Eastern Butternut hardwood flooring, tongue-in-groove vaulted ceilings & hand-hewn beaming grace the interior of this Cross-gabled Tudor Revival. Interior hallways and a grand foyer are founded in Idaho Diamond Plate Rock.
Grand Stone Fireplace takes a well-deserved seat of honor in the formal living room.
Sun-drenched Palladian picture windows frame a breathless blue Lake View from the exquisite Formal Dining room, featuring a built-in sideboard.
That St Charles cabinetry is augmented in the Gourmet Kitchen, & faces a full suite of appliances, including built-in refrigerator. The chef who masters this domain is treated to another Lake Vista, as well as a large granite island breakfast bar with prep sink & gas Cooktop.
Fairy-tale Master Suite has a Gas Fireplace framed in a charcoal surround with White Mantle & hearth. The restful watery dreamscape is again a dominant focus to this heavenly retreat.
Trophy room is perfect for any prize: from big game or your Biggest Games. Equipped with a “Murphy” bed and its own bathroom, this could also serve as a 6th bedroom or guest room. Daylight lower level boasts a Home Gym, Wine Room & Theater Room with two rows of theater-style seating. Also included in lower level are 2 full bedrooms with bath, sitting room and secret safe room.
Main Level Family Room features a wood-burning fireplace in a rocked wall with media niche, flanked by two walls of Lake Views, one of which opens onto an Outdoor Patio.
The grounds are beautifully landscaped with paved walkways and stairways, granite rockwork walls, lush shrubbery, colorful flora & Champion-Quality Tennis Court.
The Luxury 1500 sq ft guest house could serve as two separate guest quarters. Main Level has a Rocked Corner Fireplace in the Great Room, Master Suite & Full Granite Kitchen. Upper Level features a Bedroom Suite with Granite Kitchenette. Guest House also features un-impeded Lake viewing.
Scenic patios boast views of Lake Coeur d’Alene and pine-, fir- and tamarack-studded mountains. By day, bask in sunny North Idaho perfection from the Sandy Beach at the waterfront. Swim, fish or launch almost any type of watercraft from the 1110 sq ft, 3-slip Boat Dock with Lift. Gather around the Outdoor Fireplace at day’s end for an evening of star-gazing. An adorable single-room ‘Duck House’ on the waterfront might be suitable as artist’s studio or a play cabin.
Located five miles from The Golf Club at Black Rock, a world-class members-only community.
Call Randy or Christy Oetken of Windermere Coeur d’Alene Realty 208-660-0506. Check it out at www.OwnTheLifestyle.com
Visit http://www.realestate-browser.com/viewdetails.php?nid=79146&mls=11-2666 for more information.
2011 Windermere Market Review
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.
Sincerely,
2011 Windermere Market Review
Coeur d’Alene Luxury View Home: 2 Suites on 2 Lots
PERPETUAL PARTY POTENTIAL! Entertain with Penache in this Central CDA View property, overlooking the Lake, City & Mountains.
Seller Financing is Available.
Take the Virtual Tour here!
Call Christy Oetken 208-660-0506
Check it out at www.RealEstate-Browser.com
View Browser’s Listings!
