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Mt. Hood Real Estate Blog

Liz Warren

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Mt. Hood Condo Sales for 2018

by Liz Warren

Mt. Hood Condos have been selling like hotcakes in 2018. Thirty two condos sold last year with twenty of those sales in Government Camp. Here’s the breakdown for each Condo complex:

 

 

                                               Government Camp Condos

 

  • Collins Lake            11
  • Grand Lodges           3                   
  • Snow Bird                  2
  • Edelweiss                  1
  • Thunderhead             1

 

Meanwhile down the hill in Welches twelve condos changed hands. Here’s the shake down of those twelve sales by complex:

 

  • Fairway Estates          7     
  • Clear Hills                    3
  • Whispering Woods     2

 

Demand is high for condos in Government Camp and Welches!

 

Check out current inventory for sale in Government Camp

 

No condos currently available in Welches.

 

Give me a call if I can help you with selling or buying your Mt. Hood Condo!

Possible Year Over Year Price Change

by Liz Warren

If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from CoreLogic, home prices increased by 4.7% over the course of 2018.

The map below shows the results of the latest index by state. Oregon is right up there with a 5.1 increase in 2018!

How To List Your Home for the Best Price | Simplifying The Market

Real estate is local. Each state appreciates at different levels. The majority of the country saw at least a 2.0% gain in home values, while some residents in North Dakota and Louisiana may have felt prices slow slightly.

This effect will be short lived. In the same report, CoreLogic forecasts that every state in the Union will experience at least 2.0% appreciation, with the majority of the country gaining at least 4.0%! The prediction for the country comes in at 4.6%. For a median-priced home, that translates to over $14,000 in additional equity next year! (The map below shows the forecast by state.)

How To List Your Home for the Best Price | Simplifying The Market

So, how does this help you list your home for the best price?

Armed with the knowledge of how much experts believe your house will appreciate this year, you will be able to set an appropriate price for your listing from the start. If homes like yours are appreciating at 4.0%, you won’t want to list your home for more than that amount!

One of the biggest mistakes homeowners make is pricing their homes too high and reducing the price later when they do not get any offers. This can lead buyers to believe that there may be something wrong with the home, when in fact the price was just too high for the market.

Bottom Line

Pricing your home right from the start is one of the most challenging parts of selling your home. Once you decide to list your house, let’s get together to discuss where home values are headed in your area!

 
 

Selling Your Home on Mt. Hood?

by Liz Warren

Cold Temperatures and Snow Comes to Mt. Hood

by Liz Warren

Hunchback Mountain at the Mt. Hood Oregon Resort in Welches Oregon

Get ready for plunging temperatures coming to the mountain in the upcoming week. Learn how to protect your pipes from freezing in this article below from HomeAdvisor, NAR.


Cold Weather in Welches Oregon 2019

How to Prevent Freezing Pipes

 

You CAN keep pipes from freezing, and avoid the costly damage that goes with.

 

Wicked winter weather can cause plumbing pipes to freeze and possibly burst, causing flooding and costly water damage to your home. Taking preventive measures before winter sets in can reduce and eliminate the risk of frozen pipes and other cold-weather threats.

Related: How to Protect Your Home From Severe Cold

 

Where the Trouble Lies

“Some pipes are more prone to freezing than others because of their location in the home,” explains Paul Abrams, spokesman for Roto-Rooter.

Pipes most at risk for freezing include:

  • Exposed pipes in unheated areas of the home.
  • Pipes located in exterior walls.
  • Any plumbing on the exterior of the home.

Preventative Measures for Outside

A frozen garden hose can cause more damage than a busted hose; it can actually burst an interior pipe. When the water in the hose freezes, it expands, increasing pressure throughout the whole plumbing system. As part of your regular seasonal maintenance, garden hoses should be disconnected, drained, and stored before the first hard freeze.

If you don’t have frost-proof spigots, close the interior shut-off valve leading to that faucet, open and drain the spigot, and install a faucet insulator. They cost only a couple bucks and are worth every penny. Don’t forget, outdoor kitchens need winterizing, too, to prevent damage.

 

Exposed Interior Plumbing

Exposed pipes in the basement are rarely in danger of freezing because they are in a heated portion of the home. But plumbing pipes in an unheated area, such as an attic, crawl space, and garage, are at risk of freezing.

Often, inexpensive foam pipe insulation is enough for moderately cold climates. For severe climes, opt for wrapping problem pipes with thermostatically controlled heat tape (from $50 to $200, depending on length), which will turn on at certain minimum temps.

 

Under-Insulated Walls

If pipes traveling in exterior walls have frozen in the past (tell-tale signs include water damage, mold, and moisture build-up), it’s probably because of inadequate or improperly installed insulation. It might well be worth the couple hundred dollars it costs to open up the wall and beef up the insulation.

“When nothing else works, say for a northern wall in a really cold climate, the last resort is to reroute a pipe,” notes Abrams. Depending on how far the pipe needs to be moved — and how much damage is caused in the process — this preventative measure costs anywhere from $700 on up. Of course, putting the room back together is extra.

 

Heading South for the Winter?

For folks leaving their houses for an extended period of time in winter, additional preventative measures must be taken to adequately protect the home from frozen pipes.

  • Make sure the furnace is set no lower than 55 degrees.
  • Shut off the main water supply and drain the system by opening all faucets and flushing the toilets.

In extreme situations (vacation home in a bitterly cold climate), Abrams recommends having a plumber come to inspect the system, drain the hot water heater, and perhaps replace the water in traps and drains with nontoxic antifreeze.

Timberline Rim A-Frame

by Liz Warren

A-Frame in Timberline Rim in Rhododendron

                                   Timberline Rim A-Frame

Here's a great opportunity to make this A-frame your home. Perfect for full time or vacation home living. Cozy fireplace in the living room. Two bedrooms upstairs, one is a loft over the living room. The A-frame has all the basics and a wall of windows to your wooded front yard. Nice deck on the front of the home and NO YARD WORK! Amenities for the neighborhood include a swimming pool and tennis court, lodge and access to the Sandy River. Only 20 minutes to the slopes of Mt. Hood for premium skiing. Sandy Ridge Mountain Biking Park is just down the street too. Enjoy hiking in the Mt. Hood National Forest just down the street. Only one hour to Portland!

Cash only $225,000

 

                              Timberline Rim A-Frame Rhododendron, Oregon

Mt. Hood Pricing for 2019

by Liz Warren

 

Based on recent activities and a lack of inventory, the Mt. Hood area will likely continue to appreciate in the coming year, we just don't have any idea how much that appreciation will be.      Many properties new to the market right now sell within days! This bodes well for a good 2019!

              

 

Fairway Estates Condo at the Mt. Hood Oregon Resort

by Liz Warren

Affordable Fairway Estates Condo located at the Mt. Hood Oregon Resort in Welches Oregon. Well maintained two bedroom two bath upper level unit on the fairway. Twenty seven holes out your door and walk to stores and restaurants. Warm up your toes after a day on the slopes of Mt. Hood in front of your fireplace. Everything you'll need for your mountain getaway. Comes furnished too! Stack washer and dryer plus patio/balcony off your living room. Carport and storage area. Only 20 minutes to skiing and the Mt. Hood National Forest down the street. ONLY one hour from Portland!  $215,000

Fairway Estates Condo at the Mt. Hood Oregon Resort         Fairway Estates Mt. Hood Condo

 

More info on 68556 E.FAIRWAY ESTATES RD

 

 

 

This information has just been released by RMLS, multiple listing service, for sales in December for our Mt. Hood area. A slow down in closed sales is reflected by the minimal number of closed transactions this past month reaching eleven closed sales. No surprise considering the lack of inventory on the market. There are currently 43 properties for sale and 60% of those are more than $300,000. If there ever was a good time to sell on the mountain it is right now with very little competition!

 

Mt. Hood Real estate sales for December 2018

Buying a Vacation Home on Mt. Hood

by Liz Warren

Buying A Vacation Property On Mt. Hood? Now Is A Good Time!

Buying A Vacation Property? Now Is A Good Time! | MyKCM
 

Every year around this time, many homeowners begin the process of preparing their homes in case of extreme winter weather. Some others skip winter all together by escaping to their vacation homes in a warmer climate.

For those homeowners staying at their first residence, AccuWeather warns:

“The late-week cold shot should fade next week, but this is a warning shot for winter's return late in the month and early February."

Given this, it’s time to go and stock up on winter weather supplies! However, if you’re tired of shoveling snow and dealing with the cold weather, maybe it’s time to consider obtaining a vacation home!

According to the Investment & Vacation Home Buyers 2018 Report by NAR:

72% of vacation property owners and 71% of investment property owners believe now is a good time to buy.”

It’s time to take advantage of the equity in your home. As the latest Equity Report from ATTOM Data Solutions stated:

“Nearly 14.5 million U.S. properties (are) equity rich — where the combined estimated amount of loans secured by the property was 50 percent or less of the property’s estimated market value — up by more than 433,000 from a year ago to a new high as far back as data is available, Q4 2013.

The 14.5 million equity rich properties in Q3 2018 represented 25.7 percent of all properties with a mortgage.”

This means that over a quarter of Americans who have a mortgage would be able to use some of their home equity to make a significant down payment toward a vacation home, and many are doing just that! According to the same report by NAR:

“33% of vacation buyers purchased in a beach area, 21% purchased on a lakefront, and 15% purchased a vacation home in the country.”

We have everything from Government Camp ski condos to rustic cabins in the woods dotting the Mt. Hood National Forest. Our supply stretches from Brightwood, Welches, and Rhododendron to Government Camp!

Many homeowners who are close to retirement will use some of their equity to purchase vacation homes, which may eventually become their permanent homes post-retirement!

Bottom Line

If you are a homeowner looking to take advantage of your home equity by investing in a vacation home, let’s get together to discuss your options!

Mt. Hood National Forest Waterfront Cabins

by Liz Warren

Two  Mt. Hood waterfront cabins are still available under $240,000 in the Mt. Hood National Forest. Skiers, hikers, fishermen, writers, and artists will love these two cabins located in the pristine Cascade forest. Located near Rhododendron Oregon, both offer great access to ski areas and the beauty of the Mt. Hood National Forest. The best part, they are only an hour from Portland!

Zig Zag Riverfront Mt. Hood National Forest Cabin      Zig Zag Riverfront Knotty Pine Cabin near Rhododendron Oregon

Zig Zag Riverfront Cabin $210,000 Road 28A Lot 4

Still Creek Cabin with Two Bedrooms and a loft in the Mt. Hood National Forest      Mt. Hood National Forest cabin on Still Creek near Rhododendron Oregon

Still Creek Waterfront Cabin $227,900   Road 12 Lot 43

Displaying blog entries 611-620 of 1892

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