November 11th, 2018 By Goody
Never Forget - Veterans Day
My grateful fellow Americans and I will never forget the sacrifices made by veterans past and present and never forget those we lost on 9/11. On this day and every day we salute those who have served. Thank You!
November 8th, 2018 By Goody
Love that home’s view? See how much more you’ll pay
A house with a fabulous view can be hard for a homebuyer to resist. But seeing the mountains, water or city lights from the comfort of home comes at a price. The hazy part is figuring out what that added cost is — and whether it’s worth it. That’s where real estate appraisers and analysts who study home values can help, even though they recognize there’s no simple answer. “Views are actually really difficult to quantify,” says Andy Krause, principal data scientist at Greenfield Advisors, a real estate research company. “It’s somewhat subjective. What makes a better water view? Do you want it to be wider? Do you want more of the water from a taller angle? You know, some of that is in the eye of the beholder.” Assigning a dollar value can also be difficult because not all views are equal or valuable, and a view that’s sought-after in one location may not be in another. In Manhattan, a place that overlooks a green space will cost you a lot extra. In the countryside? Not as much, says Mauricio Rodriguez, a real estate expert who chairs the finance department at Texas Christian University’s Neeley School of Business.
PUTTING A PRICE ON IT
So how do you put a price on a variety of views? Krause, who builds automated valuation models that analyze home data, produced these estimates for what five different types of views might add to a home’s price in Seattle:
— 5 PERCENT TO 10 PERCENT: For a home on flat ground with an unobstructed view of an open space or a park, a seller could add 5 percent to 10 percent. In other words, if an identical home without a view is worth $500,000 elsewhere in Seattle, this view could boost the price to $525,000 or $550,000.
— 10 PERCENT TO 30 PERCENT: A home partway up a hill with a partially obstructed water view over neighbors’ rooftops could increase the overall price by 10 percent to 30 percent. It depends on how much of your field of vision the view fills, both vertically and horizontally, Krause says. In this example, a home otherwise worth $500,000 might fetch $550,000 to $650,000.
— 30 PERCENT TO 50 PERCENT: This time Krause considered the same home as above, in the same location, but with an unobstructed view. “You still have the neighbors above looking down into your house, but you have a nice water view,” he says. With this clearer view, the $500,000 home could sell for $650,000 to $750,000.
— 50 PERCENT TO 75 PERCENT: Next, envision a home atop a hill with an unobstructed cityscape or open-space vista. To buy the $500,000 home in this location, a buyer might have to pay $725,000 to $875,000.
PUTTING A PRICE ON IT
So how do you put a price on a variety of views? Krause, who builds automated valuation models that analyze home data, produced these estimates for what five different types of views might add to a home’s price in Seattle:
— 5 PERCENT TO 10 PERCENT: For a home on flat ground with an unobstructed view of an open space or a park, a seller could add 5 percent to 10 percent. In other words, if an identical home without a view is worth $500,000 elsewhere in Seattle, this view could boost the price to $525,000 or $550,000.
— 10 PERCENT TO 30 PERCENT: A home partway up a hill with a partially obstructed water view over neighbors’ rooftops could increase the overall price by 10 percent to 30 percent. It depends on how much of your field of vision the view fills, both vertically and horizontally, Krause says. In this example, a home otherwise worth $500,000 might fetch $550,000 to $650,000.
— 30 PERCENT TO 50 PERCENT: This time Krause considered the same home as above, in the same location, but with an unobstructed view. “You still have the neighbors above looking down into your house, but you have a nice water view,” he says. With this clearer view, the $500,000 home could sell for $650,000 to $750,000.
— 50 PERCENT TO 75 PERCENT: Next, envision a home atop a hill with an unobstructed cityscape or open-space vista. To buy the $500,000 home in this location, a buyer might have to pay $725,000 to $875,000.
November 5th, 2018 By Goody
Last Chance for Royal Vista (New Construction)
We are down to our final 6 Lots. We have 1 Resale home and 2 Spec Homes being built. We also have 4 other lots that can accomadate your Semi Custom Home. Please look on the Royal Vista Tab for what we have listed on the MLS. Contact Goody for more info on this or any other developmenmt in Mesquite, Nevada.
October 31st, 2018 By Goody
Damage Done!
Congratulations to the 2018 World Champion Boston Red Sox.
Contact Goody the Real Estate Champion when your ready to do some Real Estate Damage!
Contact Goody the Real Estate Champion when your ready to do some Real Estate Damage!
October 19th, 2018 By Goody
Mesquite Real Estate Statistics October 2018
October 18th, 2018 By Goody
Royal Vista Town Homes
We are taking reservations for the new Royal Vista built Town Homes on the corner of Marylin Parkway and Sante Fe. Two floorplans are being offered. The 2 bedroom model at around 1500/sf will be offered at $299K with the 3 Bedroom version 1600/sf being offered at $311K. Call Goody now to get on our resewrvation list and see the plans. These wuill sell fast. Just move in. Everything is included.
October 18th, 2018 By Goody
Royal Vista 2 Spec Homes Available Ready early 2019
Royal Vista has 2 Rare Spec homes for sale! Both homes are framed. Both are the Joshua model with 1 having bay windows in the master bedroom. Call Goody for more info. Also look on the Featured Listings Tab on the Home Page.
September 26th, 2018 By Goody
Federal Reserve to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead.
The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead. The big question is whether the strong U.S. economy, which has been fueled this year by tax cuts and increased government spending, could weaken next year, especially if President Donald Trump's trade fights begin to inflict damage and the benefits of tax cuts start to fade. If the Fed finds that prospect likely, it might signal Wednesday that it expects to slow its rate increases next year. The Fed's key short-term rate now stands in a range of 1.75-2 percent after two quarter-point increases in March and June. A similar rate hike Wednesday would raise that range to a still-low 2-2.25 percent.
September 17th, 2018 By Goody
July & August Building Permits
The city issued 14 permits in July and in August numbers almost doubled to 27 permits keeping the building industry on a brisk pace. Contact Goody for more specific information on New Build options as well as Resales.
August 17th, 2018 By Goody
Virgin Valley Water District Report August 2018
Click the link below for the report
/my_files/VWWD%20Report%202018.pdf
/my_files/VWWD%20Report%202018.pdf