Lakefront Incline Village home values are being pushed upward due to a lack of inventory and increasing demand. In the greater Lake Tahoe region, the Incline Village-Crystal Bay, Nevada submarket was a bright spot for Sierra Sotheby’s International Realty in 2015. Incline Village currently has a lack of luxury, lakefront inventory, which is beneficial to sellers of homes valued at more than $3 million. However, the lack of inventory in the upper price range will also make things harder on sellers looking to list older homes built in the 70s and 80s.
- Buyers will only pay a premium for homes built in the last 10 years.
- Deep water piers are a big selling point for lakefront homes.
- There are only 19 lakefront Incline Valley homes/condos currently in the MLS.
Big plans for business in 2018?
Give yourself the tools to own the new year at Connect SF, July 17-20, 2018