Monday, November 19, 2012


If you have been looking to purchase a home in Nevada County for the past 6 months then you know two significant things have occurred. The first is the availability of  single family homes. As of today there are 386 single family homes currently being offered for sale regardless of price and only 57 of which are under $200,000. 

The hottest market in 2012 was in the under 200,000 as first time buyers and cash investors have been driving the market as banks and short sellers have looked to clear their balance sheets.

Address - 12291 Pawnee Trail.

Today's Deal of the Day is a 1 bed room two bath home with a Nevada City address under $200,000. The home is older, run down and tired looking on a small lot. But that is what you get in today's market for $124,500. The cost per square foot is under $60. This REO home is located at the top of Banner Quaker Hill Rd above Scotts Flat Lake.

The listing agent describes the home as...
Very charming 1 bedroom, 2 bathroom home with 2,080 square feet of living space. Home features fireplace in living room, as well as a wood-burning stove. Spiral staircase leads from living room to family room. Exposed beams accentuate the home's beauty. Built-in bar area for entertaining or dining. Indoor laundry room with storage, as well as built-in shelving in 2-car garage makes organizing easy. Spacious and gorgeous deck makes enjoying the view simple and relaxing. Must see!

Click here if you have interest in this property or if you would like access to free email alerts to other Nevada County properties.

Scott Hopper - Realtor, 530-477-2277

"If you enjoy reading my blog, please keep me in mind when you or a friend needs a real estate professional"

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