NEW LISTING ALERT!

NEW LISTING ALERT!

We have several unbelievable listings coming up that you do not want to miss! Some of our town’s MOST EXCLUSIVE homes are about to hit the market, and we have the ticket inside!

Here’s one that just dropped:

1052 S. Island Green Dr. Coeur d’ Alene, Idaho 83814

This Penthouse Waterfront Condo on Lake CDA is immaculate! Luxurious living IN TOWN located at the World Famous Coeur d’ Alene Resort Golf Course where only 30 families enjoy the splendor of ”Idaho’s Ultimate Address.” Single level 3 bed, 4.5 bath home custom designed with ultra high end finishes and lake views from every room. Large heated, covered decks with floor to ceiling retractable doors to bring the outside in include a summer kitchen, and plenty of seating. Expansive views of Lake CDA and the CDA Resort Golf Course are a must see for the discerning buyer. Ownership at The Terraces comes with full golf privileges, family beach and tennis club membership, covered 14’x36′ boat slip at Terrace Private Dock, fitness center, and VIP Concierge service.

5783 E Long Shadowy Dr

Immaculate 11.5 acres of beautiful North Idaho with outstanding views of Coeur d’ Alene Lake. Nestled on a hill less then 5 minute from downtown CDA! Private gated access with superb architecture and brilliant attention to detail. This luxurious custom built home boasts a gourmet kitchen, main floor master suite with tub side fireplace, naturally cooled 650 bottle wine cellar, game room, insulated and attached wood shop, and additionally a 42X28 shop, full security system, custom woodwork throughout, brand new deck to take in the miles of breathtaking territorial and lake views!

 

 

 

11.5 Private Acres

 

 

 

 

 Gourmet Kitchen PLUS Family Fun Game Room

Views of Lake Coeur d’ Alene from the back deck are incredible! Call for more photos and details!

HGTV LOG CABIN IS BACK!

Our CDA Lake view cabin out in Carlin Bay is back on the market. Just days after filming for HGTV Log Cabin Living we got a fully signed contract on this beaut. Coincidence? I think not!

We got through the inspection, the appraisal and were just days away from closing when our buyer has some personal stuff come up.

Their loss, your gain!

For more photos text T40316262 to the number 81035

hgtvcabin

HGTV BABY!

FILMING: HGTV’S LOG CABIN LIVING!

Our log cabin out in Carlin Bay will be featured on HGTV’s hit show Log Cabin Living.

A couple months ago one of the associate producers of the show Log Cabin Living on the popular network HGTV contacted us about their trip to Coeur d’ Alene, Idaho. It was an exciting process as they chose three different cabins to film all in one weekend. Ours located on Timber Lane in Harrison was one of the three chosen and so the planning began! As the days approached before filming we made made sure the snow was shoveled, the house was spotless and prayed it would be a beautiful day.

And it was!

Snow flakes and all, it was perfect for filming! Below are some shots we took as the crew was getting set up, the calm before the storm:


HGTV’S CAMERA CREW SETTING UP BEFORE A DAY OF FILMING

 ONE OF THE PRODUCERS OF LOG CABIN LIVING GIVING DIRECTIONS

THEY ARRIVED WITH TWO SUBURBANS FULL OF EQUIPMENT, PRODUCERS, AND FILM CREW


OUR CARLIN BAY CABIN IN THE EARLY MORNING HOURS BEFORE FILMING BEGAN

 

The cabin will appear on Log Cabin Living sometime this fall, we will be sure to keep the updates coming!

HGTV BABY!

Why Hire A Realtor To Sell Your Home, Want 25% More Profit?

Selling your home is no easy task. But, it doesn’t take a genius to figure out that selling a home is a combination between the right price and the right timing of your move. The hard part is managing the showings, deciphering what’s what in an offer, effectively advertising, and screening all the buyers that will want access to your front door.

Listing your home with a realtor means a trustworthy person will be arranging showings, dealing with other realtors, giving you trusted advice when offers come in and spending about 1% of that coveted 3% commission on diligently advertising your home. One important thing to remember is your Realtor is your teammate, they are on your side right there to advocate on your behalf and work with your best interests in mind. With that being said it’s crucial to pick the right person that is willing to take on the challenge. Best advice: interview three Realtors before hiring one, even if you have a friend in the business it’s important to have full confidence in your choice.

Statistically, using a Realtor to sell your home actually will net you a profit of 25% more than if you decide to try and sell your home on your own. Plus, 89% of FSBO folks end up using a Realtor in the end to finally sell their home.

If  you decide to list your home with Mike and Jenna we have a ‘no obligation’ contract with you. This means that if at anytime during our listing you are not totally satisfied with the service we provide you can opt out hassle free. We strive to please each client to the best of our abilities as we know how emotional home selling can be!

Watch this video for more:

 

WHY SELL YOUR HOME IN THE WINTER?

BeautifulWinters

 

It sounds crazy, but selling your home in the dead of winter can actually be a great tactic to use. Typically the inventory in the winter drops to approximately 22% less than the standard number of listings throughout the Spring, Summer and Fall months. Less inventory means there is less competition which is a huge advantage for the seller. When there is more inventory buyers are pickier and tend to take more time to put an offer in, but when the inventory is low the buyer tends to have an easier decision. It also means their offer will most likely be closer to list price because there isn’t another property similar to it that they can fall back on.

Another advantage to listing in the winter months is that the buyers are serious about your home. There aren’t ‘looky-loos’ walking around when it’s blowing snow and 30 degrees out! Most likely buyers in the winter have a motivation to be searching at that time of year weather it be a job relocation or their home just sold. Winter buyers are serious buyers!

The more warm and inviting the home appears the better! Buyers will look forward to coming in out of the cold snow and rain into a cozy move in ready home. Having seasonal candles, the right lighting, and a warm fireplace can make all the difference.

The stigma associated with selling in the Winter is actually just that, a stigma! So, if you’re considering selling your home but think it’s best to wait until the snow melts and the sun comes out to shine, think again! Besides, a For Sale sign looks best with a little white powder on top anyways!

10-Step Guide to Buying A Home in Coeur d' Alene, Idaho

For the most part, buying and selling a home is one of the biggest money exchanges that you will ever go through in your life, so it’s important to understand the process. Follow this 10-Step Guide to Buying a Home in Coeur d’ Alene, Idaho to help you buy your dream home at a fair price.

Prepare Yourself for Buying

Regardless if this is your first home purchase or you are a veteran, it can be an emotional and challenging experience. That is why it is crucial to have the right professionals to help along the way! People you trust!

FIND A REAL ESTATE PRO THAT YOU CAN TRUST

Between all the forms, deadlines, other service providers involved and counter offers it is important to have someone on your team that will fight for your best interests. Work with someone who knows the market and the area well and who will take you step by step through the whole process.

We pride ourselves on being reliable professionals that put our client’s needs first. Please give us a call if you’re considering buying a home.

Get Pre-Approved

Before you begin the process of looking at homes it’s important to meet with a loan officer to determine what price range you are going to be searching in. And besides, an offer accompanied with a pre-approval letter is must stronger!

LOOK AT HOMES & NEIGHBORHOODS

Be sure to pick homes that are in whatever school district you want to be in, and have the right neighborhood type you are looking for. There’s no sense in going inside homes that aren’t in the areas you see yourself going home to each night. Narrow down your priorities before choosing your list to go see.

Choose a Winner

Sounds easy enough but it’s important to pick the home that meets your needs and that will hold it’s value for years to come. No home is perfect, but it’s important to pick the home that can suit the needs of your family, and has as many of your wants as possible.

Ask Questions

Regardless of how many homes you have bought or sold, each experience brings new and exciting challenges and situations. Don’t be afraid to ask questions, make suggestions and become comfortable with all aspects of the process. There are no dumb questions, and we are more than happy to give explanations.

DO YOUR HOMEWORK

This 10-Step Guide to Buying a Home in Coeur d’ Alene, Idaho applies to buying in any market around the country, but especially in Coeur d’ Alene. Here we have every different kind of living from suburban, ranch, acreage, city, condo, waterfront, secondary lake views, community, commercial, investment properties and much more!

It’s important to know which you are interested in! Depending on your life situation and your future goals for the home you are buying could help determine what type of property you need. Do you have kids, are you planning to have kids, are you empty nesters looking to downsize, needing farm land, a vacation home, searching for a secondary income opportunity or just a house that feels like a home! All of these things are good to let your real estate professional know up front so they can better serve you!

Make a budget

Your loan officer will be able to give you a reasonable budget to use, and it’s very important to stay within that! In today’s market Coeur d’ Alene homes are selling for approximately 96% of their list price. That means there isn’t a significant amount of wiggle room or negotiating in our market. Keep that in mind when looking for your dream home!

Make an offer

There are seven pages to the Idaho Purchase and Sale Agreement, not to mention the plethora of other forms that go along with buying a home. That is why hiring a professional who is familiar with the forms, knows how to get the best out of a deal for you and can walk you through each step of the process is very important!

Acceptance

After the negotiating process is over and both parties have come to a mutual agreement there are still a lot of things left to get done! Among those are depositing the earnest money, turning in proof of funds and a lender approval letter, meeting the inspection deadline, applying for home owner’s insurance, reviewing and approving the CC&R’s, reviewing the preliminary title commitment, the final walk through and then closing day. There are so many deadlines which is why Realtor Mike DeLong of Coeur d’ Alene would be helpful to get things done on time and correctly the first time!

Although there are some complicated situations involved, selling homes is what we do for a living! Please don’t hesitate to call us, we promise to give you an unforgettable buying experience!

 

Properly pricing your home is the most crucial factor in making a sale.

how-to-price-your-home-for-sale-in-coeur-daleneAlthough you set the asking price, buyers ultimately determine the value. They’ll compare your home and your asking price to similar homes on the market. If your price doesn’t stack up, they may discard it and move on to the next listing, it can happen that fast!

The longer your property sits on the market, the less marketable it becomes because buyers start to speculate if something is wrong with it. Pricing your home too high may increase the time your home sits on the market. And inevitably studies show, the longer it sits, the lower the sold price.

The “right” price is a balance between three things:

  1. The maximum amount the current housing market will allow
  2. Your “competition”
  3. Your own time limits in selling

How do you determine the right price?

Start by simply asking an experienced real estate professional to prepare a written Comparative Market Analysis (CMA) for your home. In order to help out a fellow neighbor, Mike and Jenna are more than willing to sit down and present a CMA to you for free anytime, simply call or email mdelong@21goldchoice.com or jenna@21goldchoice.com to set up a no-obligation consultation.
This report provides details on recent sales of homes similar to yours, as well as the asking price of homes currently on the market. You can then balance that information with other factors such as location, special features, condition of your home, age of the home, and your time frame to assist determining a fair and competitive asking price. This is a great start when wondering how to price your home for sale in Coeur d’ Alene.

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Best-remodeling-options-coeur-d'aleneNot ready to move yet but looking to do some home improving? Here are the top return on investment remodels brought to you by the National Association of Realtors.

Projects that will get you the most bang for your buck are going to occur in the areas of your home that are most frequented.

On average nationwide, kitchen and bathroom remodels have the best yield. The key here is newness and spaciousness, the psychology of “fresh” and more spacious quarters translates into direct valuation.

The data below should give you a general idea of what return you could be getting on your improvements:

  • A minor kitchen remodel costing $17,928 will return about 85.2% of the cost equal to $15,278, while a major kitchen remodel costing $54,241 yields 80.4% return on investment bringing in $43,603.
  • A bathroom remodel costing $12,160 will yield 84.9% return on investment bringing the sold price up $10,970.
  • Other remodels that have an 80%, or more, return on investment were window replacements and a two-story addition. Source: Remodeling Online/Hanley-Wood

For a more extensive list of remodeling tips as well as return on investment opportunities please contact Mike or Jenna anytime!