The best price change of the week on the Incline Village real estate market is for the panoramic Lakeview property in Crystal Bay located at 450 Pahute. Now priced at $1,185,000, that is a $180,000 price reduction from the old asking number. The proximity to Highway 28 gives you easy access to everything on the North Shore of Lake Tahoe. In this home with a nicely remodeled kitchen you will find four bedrooms, three full baths, two half baths and over 4000 ft.² of living space from which to enjoy spectacular views of the Lake and surrounding mountains.
Buyers in 2013 are going to find that very often a property that was withdrawn from the market in 2012 will come back on at a higher asking price to reflect the new reality of current market values for Incline Village and Crystal Bay real estate. You can still get a great deal and you will be paying a price that is well below the peak of the real estate boom, but if you are waiting on the sidelines for prices to retreat from where they are now that won't be until the next recession, if ever.
Don Kanare is a Realtor at RE/MAX Premier Properties Read his blog and weekly stats on his Incline Village Real Estate web site at www.InsideIncline.com
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