Squaw Valley Real Estate – New Listing MLS# 20121911

Squaw Valley’s real estate market has seen a number of new listings hit the market recently in the under $700K range. This is a great time for the first time home buyer in our area or for the family who is looking for a ski cabin for the family. Compound these great prices with the all time record low interest rates that are available today, and it really can’t be a better time to buy. One of the latest homes to come on the market is located at 1469 Lanny Lane. This is a very simple 2 bedroom 1 bath home that occupies 880 sq ft. It was built in 1965. This home is close to the ski area so one could walk to the lifts in a  short amount of time. This home is currently listed at $649,000.

In our professional opinion this home is over priced. It is possible that someone may want to buy this old home and continue to live in it in its current state. There is deferred maintenance and being built in 1965, we can be sure that most items will not be up to code. We think this home would best suit someone who is looking for a lot to build on that is close to the ski area. Buying this home as a future building spot would allow the buyer to get a building lot with a home loan at a great rate. With two homes in Squaw Valley selling this year in the $400k range that have greater square footage with more bedrooms, our recommendation to buyers would be offering a price less than asking.

If the Tahoe Dream Team can answer any questions regarding Squaw Valley real estate, please do not hesitate to contact us. We are always here to help!

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