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Incline Village Real Estate

Chris Plastiras

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Displaying blog entries 1-10 of 45

North Lake Tahoe June 2016 Real Estate Sales Comparison

by Chris Plastiras
  • North Lake Tahoe June 2016 Real Estate Sales Comparison

The charts bellow reflect Incline Village real estate sales for the month of June in the past 5 years. These reports we're created individually for Residential Home sales and Condominium Sales.

  • Residential Home Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Residential Home sales.

  • Condominium Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Condominium sales.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

Red, White & Tahoe Blue - 4th of July Celebration Information

by Chris Plastiras

To see the the website go to www.redwhitetahoeblue.org


North Lake Tahoe May 2016 Real Estate Sales Comparison

by Marius Poltan
  • North Lake Tahoe May 2016 Real Estate Sales Comparison

The charts bellow reflect Incline Village real estate sales for the month of May in the past 5 years. These reports we're created individually for Residential Home sales and Condominium Sales.

  • Residential Home Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Residential Home sales.

  • Condominium Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Condominium sales.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

4 Tips to Maintain Your New Home's Value

by Chris Plastiras

Unfortunately, you can't just expect to buy a home and have its value automatically rise along with inflation and the home market as a whole - Unless you live in downtown Manhattan!

Maintaining the value of your home is all about making sensible improvements and getting into the habit of smart maintenance.

We've put together 4 simple tips and points of consideration to make sure you don't overlook the key areas of your new home that may have a serious implication on its overall value.

1. Regular Maintenance

It's essential to perform regular maintenance around the house if you want to maintain the value. Two key (but lesser known areas) of maintenance are your air-conditioning system and your furnace (heating) system.

Your furnace is sometimes connected to your HVAC unit, but most of us rarely inspect or maintain that part of the home. The reality is that we should be swapping out air filters at least twice per year, probably more like four times per year in order to improve your energy efficiency! Not doing so will lead to energy inefficiency and other problems.

Aside from swapping air filters, you should be oiling the motor on older units. Never store hazardous chemicals near the furnace and if your unit is quite old (five plus years) then we strongly recommend having a professional come over to inspect it.

You can find some more detailed advice on residential air filters on this Government website.

2. Fix Heat Leakers

We all know there's little drafts around the house that we can feel during those cold and windy months, but many of us simply won't do anything about it. Small cracks in doorways and windows are the #1 culprit, and they'll slowly but surely sap your energy bills.

They also have a knock on effect - These annoyances will sap your furnace and AC systems too, forcing them to work even harder.

Avoiding the long term implications of the above is key. This won't directly raise your property value, but it will maintain and extend the value, avoiding any unpleasant surprises down the line.

3. Landscaping & Gardening

Classically known as ‘curb appeal', it's extremely important to ensure your garden is in good conditioning, and that's obviously true if you're thinking of selling up. It's the first impression any prospective new buyer will see of your home, and it's especially important for young families with children who want to envisage themselves and their children enjoying the outdoor elements of the home.

Many experts suggest investing as much as 10% of your home's overall value into landscaping if you're considering a sale, with homeowners expecting at least 150% return on their investment. Such is the high value that buyers place on an immaculate garden.

4. Do Major Repairs The Right Way

If you need to take care of major high ticket repairs or improvements - New furnace, windows, insulation, solar energy or even a home extension, then please never sacrifice on quality! These are all major selling factors when you come to sell your home, and they will be significantly noted and appreciated by your estate agent. There's nothing worse than seeing a home extension built to low-quality standards which isn't in-keeping with the rest of the home. If you're making major repairs or improvements, do it the right way!

Many Real Estatte Disputes Processed In Small Claims Court

by Chris Plastiras

For a variety of reasons, one of the attractive features of small claims court is that no attorneys are allowed. This is a major factor in keeping down the costs of small claims cases, and it is no doubt one of the reasons that so many real-estate related disputes are processed there.

To be sure, small claims actions are not the real estate cases that make the news, but they do encompass a great bulk of disputes over such matters as security deposits, damages to property, encroachment issues, and even commission agreements. In California, claims up to $10,000 will be heard. Some other states have higher limits and many have lower. Often, aggrieved parties will decide it is better to press in small claims for less than they think they actually deserve, simply in order to get the matter over with at a cost that is not prohibitive.

In California's small claims system, a defendant may appeal the outcome, but not the plaintiff. If there is an appeal, attorneys may provide representation at that level. But, unlike many legal proceedings, attorney involvement in a small claims appeal cannot wind up with attorney fees consuming as much as, or even more than, the award itself. A recent decision from California's Fourth Appellate District (Dorsey v. Superior Court, October 22, 2015) confirms this.

In October of 2012, Jeffrey and Rebekah Crosier (tenants) entered into a lease agreement for a condominium owned by Michael Dorsey (trustee of the Dorsey Trust). The lease contained a provision that, in the event of a legal action, the prevailing party would be entitled to attorney fees. After the lease terminated, disputes arose between the parties.

In March of 2014 the Crosiers filed a small claims court action against landlord Dorsey. They sought $10,000 for alleged breach of the rental agreement, breach of the implied covenant of quiet enjoyment, wrongful retention of security deposit, retaliation, and constructive eviction. They also asked for an additional $850 as reasonable attorney fees.

Dorsey then filed a "Defendant's Claim" in the small claims court. He alleged that the Crosiers were liable for holdover rent and other damages. He sought attorney fees of $2,000.

The small claims court entered judgment in favor of the Crosiers for $3,200 on their claim and $1,153 in favor of Dorsey, leaving a net judgment in the tenants' favor for $2,047. Dorsey appealed, and both sides were represented by counsel on the appeal. On the appeal, the superior court found that Dorsey had breached the lease by not returning $1,560 of the security deposit, and it found that the tenants had not breached the lease at all.

Now we get to the part about attorney fees. The Crosiers were the prevailing party, so, according to the attorney fee provision on the lease, they (or their attorney) were entitled to attorney fees.

Their attorney filed a motion for $11,497.50 in fees.

That didn't look so good to Dorsey, and he filed a motion in opposition. His opposition was based on Section 116.780(c) of the Code of Civil Procedure. There, it is specified that a cap of $150 applies to all attorney fee awards in small claims court appeals.

At first, the superior court issued a ruling stating that the $150 cap applied; but subsequently it ruled otherwise, stating "There is no indication that section 116.780 overrides the ability to contract for a larger award." Thus, based on the attorney fee provision in the lease, the superior court awarded the tenants' attorney fees of $10, 447.50.

Of course, Dorsey appealed.

In their decision, the Fourth District Appellate court engaged in a lengthy discussion of the history and intent of the legislation that created the small claims court system. The court observed "From the outset, the Legislature and courts have acted to make small claims court cost effective for litigants -- so litigants may bring these claims to court 'without spending more money on attorney's fees and court expenses than the claims were worth'"

Thus, the court wrote "... our task is to interpret section 116.780(c) to give effect to the Legislature's clearly stated intent to create an expeditious and inexpensive method of resolving disputes and to avoid the complexity and delay of ordinary litigation. This intent can be effectuated only if section 116.780(c) overrides any conflicting contractual attorney fee provision."

The superior court was ordered to vacate its order granting attorney fees in the amount of $10,373 and to enter a new order granting the Crosiers attorney fees in the amount of $150.

The lesson: Yes, you can be represented by an attorney in an appeal of a small claims ruling. But the most the attorney is going to be awarded is $150. Good luck finding one.

Incline Golf Courses Spring Update

by Chris Plastiras
Course maintenance, opening dates, etc.
View this email in your browser

Spring Course Maintenance Update 

By Jeff Clouthier, CGCS (Grounds Superintendent) 
Welcome to the 2016 golf season!  We are excited to get the season started and to provide you with excellent conditions for your golfing experience.

As you know this past winter was quite different than the previous four years, and the effects are seen on both golf courses. Extensive snow cover in the shaded fairway and rough areas causes diseased and injured turf.  It takes favorable temperatures and sunshine to return those sections of turf to its healthier state. Read more...  
dronepic_4.19
Photo taken April 19, 2016 by Lake Tahoe Drone Co. 

Opening Dates (weather permitting):

  • Champ Course Golf Shop: Open 10am-5pm, come check out the new spring merchandise!
  • Driving Range: Open 10am-6pm
  • Chipping Green: Open
  • Putting Green: Fri, May 6th
  • Championship Course: Fri, May 13 
  • The Grille at The Chateau: Fri, May 13
  • Mountain Course: Fri, May 20

Register for Get Golf Ready

Are you new to golf or returning after many years? Get Golf Ready is a series designed to teach everything you’ll need to play golf in just five lessons for only $135. We're also offering Level 2 courses for graduates or golfers who already know the basics. View full schedule and details online.  

Upcoming Events

View full calendar and details online
 

2016 Play Passes for Sale

We offer Play Passes for both courses or just one course, for individuals, families and now for couples! View rates online

IVGID Picture Pass holders receive special discounts on Play Passes. Login with your IVGID Pass ID to view rates

Purchase at the Championship Course Golf Shop or call 775-832-1146. 
 
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 Championship Course 955 Fairway Blvd & Mountain Course 690 Wilson Way
 Incline Village, NV 89451

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IVGID Senior Moments May 1-15th

by IVGID

Programs & Events

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Senior Moments 

May 1-15, 2016

 


Conversation Cafe





The upcoming topics for May are:
  • May 12: Harry Vanderlinder
  • May 19: Current Events
  • May 28: Pros and cons to retirement


55+ Hiking Series



Join IVGID Senior Programs every Tuesday, May 3rd - October 25, 2016 for guided hikes to beautiful Lake Tahoe locations. Meet at the Recreation Center Lobby. 


Days/Times: Tuesdays, 9:00am - 2:00pm* (some hikes require more time)
Fees: $13, $10 w/IVGID Pass


View our website for dates and specific locations


May Senior Trip


Wednesday, May 25th, 11:30am - 2:30pm - Thunderbird Lake Tahoe: Explore historic Thunderbird Lake Tahoe! Docent-guided tours take visitors on an hour and 15 minute walk through the stone mansion and grounds to reveal the mystery and legacy of the enigmatic George Whittell, Jr.

Legend springs to life as you discover the Lighthouse Room, Old Lodge, the servant’s quarters with original kitchen, as well as the 600’ underground tunnel leading to the cavernous Boathouse. In the Boathouse, see where the legendary wooden speedboat, Thunderbird, built for Whittell in 1939, once resided.

Fees: $56, $45 w/IVGID Pass (includes transportation & admission)



55+ Senior Transportation Program: Scheduled & On Demand


Catch a ride with the 55+ Senior Transportation Program! The suggested round-trip minimum donation per senior (55+) rider is $5.00.  All reservation requests can be made by contacting the Recreation Counter at (775) 832-1310 and require a minimum of 24 hours advance notice. 

Tuesdays
Reno - May 17, 31
Carson City - May 10, 24
Wednesdays
Local (IV/CB/KB) - May 11, 25
Truckee/Local - May 18


Digital Photography Club




**Please note that regular club meetings have moved from the 2nd and 4th Thursday of the month to WEDNESDAYS, still 6:00 pm - 7:30 pm at Aspen Grove, 960 Lakeshore. Please bring recent photos, either digital or prints, to share and discuss with the group, and any questions you might have. Discussion led by Jim Markle. Dessert will be available for a suggested donation of $1.00. See you there!  

Upcoming May Meetings: WEDNESDAY, May 11 & 25

 

The Incline Village/Crystal Bay Veteran’s Club


The IV/CB Veterans Club monthly general membership meeting is Thursday, May 26th, from 12:00pm to 2:00pm.  Meet at the Chateau for lunch, camaraderie, and special guest speaker, Nic Danna, with a presentation about Veterans’ legal affairs.

The Club will host a Memorial Day Ceremony and Reception to honor fallen heroes on Friday May 27th, 4:00-7:00pm, at the Recreation Center. Join local Veterans for this special event. Wine and appetizers provided.
 

Summer Moonlight Hike w/ Wine & Cheese Social



 

 

Our first Summer Moonlight Hike of the season will be held Thursday, May 19th at 6:00pm. These moderate, 1-mile, paved road hikes to the Crystal Bay lookout are offered in collaboration between with the National Forest Service. Participants are encouraged to wear warm clothing and bring a flashlight.

Transportation, wine, cheese and snacks are provided. Sign up and enjoy the views, friends,
refreshments and fun! If you would like to participate, but are unable to hike either or both ways, you may ride the van either or both ways and enjoy the party!

 

Bowling Nights




IVGID Senior Programs wants YOU for some friendly competition at Bowl Incline! No experience necessary. Teams are randomly formed each week. Be prepared to have fun and get some exercise too!

Days: Wednesdays at Bowl Incline, 918 Southwood Blvd.
Dates: 5/18, 6/15, 7/13, 8/10, 9/14
Time: 4:00 - 6:00pm
Fees: $15, $12 w/IVGID Pass

For registration in any of our events or activities, please call (775) 832-1310 or visit the Recreation Center at 980 Incline Way.

To check up on all Senior Program activities, or for more information on news, an event or program, please visit our website:
https://www.yourtahoeplace.com/parks-recreation/programs/senior-programs
 
 
Group Fitness ScheduleClick here for the weekly class schedule!

Ski Beach is officially closed to dogs as of April 15th. Dogs are welcome to enjoy Ski Beach again October 15th!


 
Aqua Fitness Classes are a great way to stay active and fit through the winter or all year long! Check out a class today! Click here for a schedule!

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Bubble? What Bubble?

by Chris Plastiras

Here at Lakeshore, we keep hearing the same question from our friends, family, and clients: “Are we in another housing bubble?”

It is a question that seems to be on the tip of everyone’s tongue and is typically answered with polar opposite views depending on who you talk to. One camp is seeing rising home prices as an indicator of another impending collapse. The other would call this resurgence a recovery rather than the last tick on the doomsday clock.

So who do you listen to? Do you sell all of your property, build a shelter and bury your cash? Or do you sit tight, enjoy the equity in your home and watch the neighbors bury their valuables in the backyard?

“In times like these, the value of working with a local and experienced Realtor is truly apparent. Incline Village is our home, and we know it inside and out.”

Let’s first look at what led to the housing market collapse. To put it simply, the housing market was propped up by bad loans that began to fail and caused the bubble to burst. The artificial demand disappeared and home values dropped to the floor.

Now let’s look at current market conditions: Two factors separate this recovery from the housing bubble and crash of 2007-2008. First; the inventory of homes for sale remains low and is logically driving up prices. During the previous housing bubble, demand was driven by the availability of credit rather than a restricted supply of homes. Secondly, the buyers that are driving this demand are actually qualified to buy a home.  The average FICO score of an approved mortgage in 2005 was 660. Today, that average is 762.

These differences between the housing bubble and today’s market have underlined Lakeshore’s opinion on the market. The housing market will continue to ebb and flow as all markets do. However, the fears of another devastating crash look to be unfounded.

In fact, we are seeing a strong increase in condominium sales, remodels and flips here in the Incline Village market. Investors are taking advantage of their Realtor’s local knowledge and are making smart investments all along the North Shore. This investment is a strong indicator of a healthy real estate market and looks to continue into the near future.

Thinking about investing? Stop by today and pick up a detailed buyers package. The more information you have, the better decisions you can make!

North Lake Tahoe March 2016 Real Estate Sales Comparison

by Marius Poltan
  • North Lake Tahoe March 2016 Real Estate Sales Comparison

The charts bellow reflect Incline Village real estate sales for the month of March in the past 5 years. These reports we're created individually for Residential Home sales and Condominium Sales.

  • Residential Home Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Residential Home sales.

  • Condominium Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Condominium sales.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

North Lake Tahoe February 2016 Real Estate Sales Comparison

by Marius Poltan
  • North Lake Tahoe February 2016 Real Estate Sales Comparison

The charts bellow reflect Incline Village real estate sales for the month of February in the past 5 years. These reports we're created individually for Residential Home sales and Condominium Sales.

  • Residential Home Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Residential Home sales.

  • Condominium Sales Report


Click here for larger image

- Please note that the report above was created using data extracted from the MLXChange System and reflects Condominium sales.

To access all the Incline Village and Lakeshore Realty listings please click here. You can also contact us by email or call us at 775-831-7000. If you are in Incline Village, please visit us at 954 Lakeshore Blvd. Incline Village, NV 89451.

Displaying blog entries 1-10 of 45