BEST ANSWER
If you plan to relocate to Alturas, build the home that you want to live in -- if you love it, someone else will too you if you decide to sell later. If your intention is to build and resell immediately, that is a very different experience in our market. The same disciplines you use to invest in other areas of the U.S. should be used here. Get the comps, understand the types of properties that buyers want to buy -- ie., views, easy access (this is a big deal in snow country), your neighbors, quality of homes in the area, etc. Work with a realtor that takes the time to show you the areas and review the comps. Investors who try to go it alone in our market take bigger risks with their investment dollars because the pros and cons of certain properties are not always obvious. A competent realtor can take you to various properties, point out the pros and cons and help you understand what you are buying with your hard earned cash. If you plan to buy in Modoc County, take a trip to the area so that you know what you are buying -- buying sight unseen isn't the best strategy. I relocated to Alturas from the Central Valley in California in 2004. Going from suburban living to country living is a big change --moving from a rain in winter to snow in winter climate a bit of a shock. I appreciate a well graveled or paved road today. And, I really like it when the roads are snow plowed in the winter. Seems simple enough but working with a realtor that will point out these things can be a real help when selecting a property in Modoc County. Yes, the subdivisions have CC&Rs -- but they are far less restrictive than what you'll see in urban areas. Don't be afraid of them here -- they won't tell you what color your window coverings can be and the property owner association fees won't run you $200+ per month. The CC&Rs set out some basic rules to help minimum standards for the area and the property owner association fees are quite low (in Modoc Recreational Estates it will be $30 per lot per year). A realtor in our marketplace can provide you with copies of CC&Rs prior to even looking in that subdivision - just ask. Hope this information is useful to you. Evelyn R. Panning
Sat Dec 29 2007, 15:02