Archive for the 'Castle Mountain Creeks' Category
Castle Mountain Creeks Market Update
August 16th, 2008 Categories: Castle Mountain Creeks, Garden Valley Real Estate
Castle Mountain Creeks Real Estate Market Update
As is normally the case, the number of folks looking for property in Garden Valley, has risen during the summer months. Unlike past years, most buying prospects tend to be looking in the lower price ranges. Most of them seem to be immune to the financing availability woes, have good credit, money for a down payment but they seem to be dragging their feet. Everyone, both Buyers and Sellers, are waiting for some sign that we have hit the bottom of the market.
We are beginning to see some price adjustments. Inventory levels continue to rise. The selection of land and homes is extremely good. A little good news on the economic front will boost confidence and encourage Buyers to act.
Garden Valley Year To Date Sales, compared to the same period in 2007, are down 7.4%. Number of days on the market has increased by 30%.
Barney says”Let’s put some pep into this market”
If you would like more detailed information, I’m in the neighborhood and always available to help. Contact me or visit the Garden Valley Real Estate Blog at www.gardenvalleycurrents.com
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Garden Valley Friday Favorites
June 6th, 2008 Categories: Castle Mountain Creeks, Garden Valley Buyers, Garden Valley Friday Favorites, Garden Valley Real Estate
Lower Utility Bills with Geothermal Heat
As usual I like to wrap up the week with one of your favorite listings. This home, in Garden Valley, offers a unique combination of stylish craftsman construction, natural hot water, over 3 acres of horse pasture, some of the best Garden Valley views, and a private location.
Many folks are unaware that there are several pockets of private land, in Garden Valley, were natural hot water can be found. This property has it’s own hot water well. The well water is used to heat the home, fill the whimsical, cattle trough hot tub, and irrigate the pasture. Watch your heating bills dive when you can enjoy the many advantages of geothermal heat. By now you probably have your thermostat turned off and are tip toeing around on cold floors every morning. Natural hot water heat is so inexpensive and versatile it’s a perfect heat source to warm those floors.
If you missed visiting this home during the May, Garden Valley, Parade of Homes, it’s not too late to arrange a showing.
Click here for more pictures and property details.
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Castle Mountain Creeks Real Estate Market Update
June 3rd, 2008 Categories: Castle Mountain Creeks, Garden Valley Real Estate
Market conditions, since my February report to you, have not changed significantly. After the long winter we are starting to see a slight increase in interest. Nothing really to write home about. The media is tentatively starting to report some signs of life in the economy. The overall northwest market, including Boise, is seeing some slow but steady increases directly related to price adjustments. Many economists are predicting we have seen the bottom of the market in this part of the country. I expect the rise back up to the top will take some time, especially as it relates to land values.
Here are the facts, Ma’am:
If you would like more detailed information, I’m in the neighborhood and always available to help. You can contact me at this link.
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Garden Valley Friday Favorites
May 30th, 2008 Categories: Castle Mountain Creeks, Garden Valley Buyers, Garden Valley Events, Garden Valley Friday Favorites, Garden Valley Real Estate
“Log Cabin in the Woods”
Have you ever marveled at Thomas Kinkade’s interpretation of the log cabin in the woods? Tucked away, by itself, in the timber, chinked logs, a cozy covered porch, breathtaking views, a little pond outside the front door, the warm light from the fireplace glow visible through the paned windows?
The magic does exist. It has come to life in the form of a very special property in Garden Valley, Idaho.
Visit this home at the Garden Valley Parade of Homes on May 31st. Parade hours are from 10:00 am - 4:00 pm. Collect Parade route maps at the Garden Valley Properties office.
For more information contact Garden Valley Properties 208-462-4620.
Follow this link to learn more about the “Log Cabin In The Woods”
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Garden Valley Friday Favorites
March 6th, 2008 Categories: Castle Mountain Creeks, Garden Valley Buyers, Garden Valley Friday Favorites, Garden Valley Neighborhoods, Garden Valley Real Estate
Choose the Sunny Side on Sunny Ridge
Spring arrives in varying degrees in Garden Valley. While crocus may be in bloom in some neighborhoods, others are still longing for the snow to melt. Sunny Ridge is appropriately named. This property is the perfect combination of wooded privacy and clear views. The level topography and community water are a ray of sunshine. You’ll beam with delight when you visit this beautiful property. I challenge you to find a nicer spot for only $77,000.
Click here to learn more about Sunny Ridge.
I will happily answer questions about this property. Contact me to schedule a tour. I like nothing more than showing off Garden Valley. Click here to contact me now!
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Castle Mountain Creeks Real Estate Market Update
February 23rd, 2008 Categories: Castle Mountain Creeks, Garden Valley Buyers, Garden Valley Neighborhoods, Garden Valley Real Estate, Garden Valley Sellers
Since my last Castle Mountain market report, three months ago, the national news has been nothing if not discouraging. True, Garden Valley sales were down in 2007 from 2006. Land sales were hit especially hard. This has been aggravated by the continuing increase in vacant land inventory. Lenders have become extremely wary of investment lending which includes bare ground or speculative building. These loans have become very expensive. Construction loans can still be had for borrowers who intend to reside in the finished home.
On the other hand, home sales were down to a lesser degree, while the average sold price was higher compared to 2006. A lack of product mix in family starter and retirement homes is reflected in the low sales figures for modestly priced properties.
Here’s the Good News!
The reality is that current year-to-date sales are over $4,000,000 while the first six weeks of 2007 produced less than $800,000. In fact, the total sales for 2007 were just over 14,000,000. By my accounting that is not too shabby.
Yes I still think we have some hurdles to cross in the coming year. Garden Valley will not be totally immune to the national financial woes. However, if the current numbers are any reflection of the future, and I believe they are, buyers should be advised to move soon. When the national economy begins to improve it is likely Garden Valley momentum will move at warp speed.
How does this translate to Castle Mountain?
Castle Mountain has had one sale this calendar year. It was a residential property, sold for an undisclosed amount. The listing price was over $450,000. As a matter of fact, five of the eight residential transactions that occurred this year were over $400,000, an indication that the higher end buyer is dominating the market. Most of the 10 available Castle Mountain lots are priced below the average lot price for Garden Valley. We’ll continue to see land struggle as long as money is hard to get. However, Castle Mountain does offer the best inventory under $100,000.
Neighbors! The early indications are positive. The bulk of buyers seem to be looking for higher end homes with lots of attractive features. There are 40 homes on the market and 140 lots (not including the 164 lots in South Fork Landing). Now is the time to polish your properties by scrubbing , painting, trimming, planting, weeding. Look at your property from an objective view point. “Be the Buyer” Ask your agent for suggestions and review your pricing. Make the most of your assets.
I’m in the neighborhood and always available to help. Contact me or visit the Garden Valley Real Estate Blog at www.gardenvalleycurrents.com
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Garden Valley Friday Favorites
February 15th, 2008 Categories: Castle Mountain Creeks, Garden Valley Buyers, Garden Valley Friday Favorites, Garden Valley Neighborhoods, Garden Valley Real Estate
Garden Valley is a great place to enjoy natural hot water. Whether you like to hike into mountain, geothermal pools, or visit the Terrace Lakes hot pools, lots of warm water is accessible to all. However, few know that there are pockets of private property, in Garden Valley, where property owners can enjoy this natural feature right at home.
Castle Mountain is one of those areas. Some properties have proven hot water wells. This sweet lot has not had a well drilled yet but has geothermal wells around it. It doesn’t stop there. Add the great views, easy access, year round creek frontage and you’re on your way to a mountain paradise.
Available for Just $74,900.
Find out more here.
This is my neighborhood and I have geothermal heat in my home. Want to know more? Contact me!
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Record Breaking Snow Fall in Garden Valley, Idaho
February 8th, 2008 Categories: Castle Mountain Creeks, Garden Valley Events, Garden Valley Living, Garden Valley Neighborhoods, Garden Valley Real Estate
Real Estate Sales Start The Year Strong In Spite Of Snowy Weather.
It’s been more than 20 years since Garden Valley has seen this much snow! Idahoans have been hoping for a strong winter, heavy mountain snowpack and the promise of a healthy irrigation season. Well our wishes have come true. I love winter and can’t imagine having too much snow. My friends and co-workers have gotten quite tired of my cheery attitude while they struggle with cabin fever.
Yesterday came close to convincing me that there indeed could be an over abundance. While giggling about the beautiful snowy weather, I look up just as a roof full of snow slid onto the hood of my car. Looks like I’m getting a new hood for my birthday!
Oh well! I’m willing to take it all in stride after reviewing the year-to-date sales figures for Garden Valley. Even as the weather has convinced some buyers to delay planned trips to Garden Valley, total sales are at a very cheery $3,156,259. Compare this to total sales of $12,000,000 in 2007. I’d say we are starting the year out very nicely.
Bring your snowmobiles, snowshoes, sleds and hot chocolate. Enjoy the fantastic winter. It could be your last chance for another 20 years.
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Garden Valley Friday Favorites!
February 1st, 2008 Categories: Castle Mountain Creeks, Garden Valley Buyers, Garden Valley Friday Favorites, Garden Valley Living, Garden Valley Neighborhoods, Garden Valley Real Estate
This House is Green. That’s Eco-Friendly Green.
As usual I like to wrap up the week with one of your favorite listings. Garden Valley is enjoying one of the prettiest winters we’ve had in years. This home is a great place to really enjoy the winter. A new owner of this home would be mesmerized by the views while sitting in the warmth and comfort of the geothermal heated home. The cozy cottage style decor has plank floors, exposed beams, granite counters and plenty of windows to let in the Idaho light. The huge deck is great for entertaining. Bring your horses. They’ll have plenty of room on the 3.19 acres.
Click here for more pictures and property details.
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Garden Valley Friday Favorite!
January 18th, 2008 Categories: Castle Mountain Creeks, Garden Valley Buyers, Garden Valley Friday Favorites, Garden Valley Living, Garden Valley Neighborhoods, Garden Valley Real Estate
Properties available in Garden Valley, Idaho?
I’d like to wrap up the week with my favorite listing in Garden Valley. Apparently this is one of your favorites, too, since many of you have been asking about it. Read the rest of this entry »
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