Al Colhoun

Hello Julie,

That's a great question. As a 30 year broker on the Northshore of Tahoe, I have had the privilege of working with several great agents in the South Lake Tahoe area that I would be happy to refer to you. To answer your question, I would suggest speaking with several agents to make sure you are working with an agent that has the ability to give your property broad exposure to the marketplace.

I would inquire about their marketing plan, their experience in your immediate area, and the how comfortable are you with them, placing your trust and property in their hands.

Personally, I hold the national designation of Certified Residential Specialist, Agents who hold this designation have demonstated their competence and experience, through the number of transactions completed and specific skill based courses. In that South Shore is some distance from my main market area, I could not help you personally, but I would be happy to introduce to several top agents.

If this is of interest, please give me a call or send me an email with your contact information.

Best Wishes and Good Luck,
Al Colhoun
Prudential California Realty
530-583-1442
Al@AlColhoun.com
www.AlColhoun.com
www.TahoeHomeTalk.com - Mon Jun 23 2008, 12:58

Hi Chuck,
There are so many different sizes and ages of homes in Kings Beach and specifically on Steelhead, it is hard to say if your home value is continuing to drop. There has been one closed sale on Steelhead this year, 8487 Steelhead a one bedroom cabin that sold for $370,000. There is one home two bedroom home at 8343 Steelhead offered for sale at $440,000 and another at 8482 Steelhead on the market at $545,000. It sold in 2005 at $535,000. That's a pretty wide range.

With the construction of the new homes on Trout and Rainbow last year, there have been more sales this year (to date) than last year. They were in the range of $435,000 to $460,000, for new construction. The older and smaller homes are selling for much less.

On the Northshore of Tahoe, comparing the 1st quarter of 2007 vs. 2008, the median price dropped from $715,000 to $442,200, a 38% drop. Home values didn't drop that much, it was that there was a shift in the areas where there were sales and the five sales of those newer home pulled the median or mid price down.

Sincerely,
Al Colhoun
Prudential California Realty
al@alcolhoun.com - Thu May 8 2008, 19:06

Were you stupid?...No Way- You made a great decision to purchase a home! Not only did you make an investment in your lifestyle where you will receive many non-monetary benefits, your home is the best long term investment you could make! Enjoy it! - Sat Apr 26 2008, 08:07