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Property Inspection Tips: Keep Real Estate Value up and Damage Down

by Lakeshore Realty

Juggling the many aspects of preparing a home for market sale can make you feel like you're being crushed by the weight of the house and enduring the same fate as the Wicked Witch of the East. But you can prevent being swept away by the home-damaging tornado by prepping early for inspections and breaking down these tasks into manageable parts. Here are the two of the most important aspects of home prepping with tips to make your life as a real estate agent easier and your property value higher.

Prepare for a Staging

There are several inconspicuous areas of a home you should check before staging a home. Water damage is particularly important to take notice of and to take precautions in order to avoid it. In winter months, keep the temperatures of uninhabited homes at a reasonable level to avoid potentially costly damage from burst pipes. Before opening the doors of your property to the public, check the ceilings and walls for signs of water damage. The floors will usually soften after water exposure, so a simple trek around the house can reveal trouble areas. Also, check the water drains and pipes themselves. Often former owners opt for quick fixes for leaks, such as wrapping leaky spots with cloth, and now it is up to you to track down the real problem.

Preparing for pest inspection

Signs of pests such as cockroaches and mice are quite visible, so a pest inspector requires little examination time to determine whether or not you may have a mild case of unwelcome tenants or a full-blown infestation. Termites, however, are stealthy creatures that hide beneath the surface, creeping through the infrastructure of a home, attacking the bones. Termite damage can be one of the most costly and difficult damages to repair, and it has a serious effect on real estate transactions.

To prep for the termite inspector's visit, check the perimeter of the home's exterior and remove any debris. Trim back any plants or brush that obstruct the foundation and the walls of the home. The soil around the house should be beneath the level of the siding of the house, so take a peek and make sure this is true. If the soil has risen above the siding, there's a chance that water has seeped in, and where there's water near the walls or ceilings, termites generally follow. You also want to move any boxes or storage bins away from the wall and away from the inspector's intended path. Don't forget to clear a path around the exterior walls in the garage, and provide the inspector easy access to enclosed areas such as underneath bathroom sinks.

Even though it may seem as if you're fighting a never-ending battle of issues to get your property in top-selling condition, if you handle each problem as it occurs, it is not a tornado but really just a gust of wind. There's no place like a home that is market-ready to sell.

Other Benefits of Living in Nevada

by Lakeshore Realty

The Great State of Nevada is Considered one of the Most Tax-Friendly States in the U.S.

Nevada

State income tax: None

State Sales tax: 6.85%

Gas taxes and fees: 34 cents per gallon

The Silver State is one of nine in the U.S. that impose no income tax. Median property tax on Nevada's median home value of $165,300 is $1,423, according to the Tax Foundation.

Food and prescription drugs are exempt from the state’s 6.9% sales tax, but counties may tack on up to 1.3%. The average combined state and local sales tax rate is 7.9%.

In addition to sales taxes, vehicle owners are charged an annual “government services tax” that’s based on the vehicle’s value and age. Tax on a two-year-old vehicle with an original sticker price of $20,000 would be $238.


 

North Lake Tahoe January 2016 Real Estate Sales Comparison

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

The charts bellow reflect Incline Village real estate sales for the month of January 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.

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LakeshoreRealty.com
Lakeshore Realty
954 Lakeshore Blvd.
Incline Village NV 89451
775-831-7000
800-954-9554
Fax: 775-831-6777

LAKESHORE REALTY

Lake Tahoe's Incline Village Real Estate Market Experts & Home Sales Professionals

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