Tahoe Donner is undoubtedly one of the most attractive areas to buy property and enjoy the Tahoe lifestyle. Tahoe Donner’s popular HOA (Home Owners Association), with 6,200 home sites and unparalled amenities is really second to none. Providing easy access to ski resorts, Lake Tahoe and Donner Lake, the convenience of Truckee, great restaurants and of course, all it’s HOA amenities, Tahoe Donner proves to been a great investment and provides an incredible family environment.
Tahoe Donner has completed the majority of its price correction over the course of 2009. Granted, there will be some “great deals” that will become available but that will always be the case. Given Truckee’s overall price decline of ~8% over the last year and ~17% over the last couple of years, we’ve rolled back to the early year 2000 levels thereby making it a great time to buy in Tahoe Donner.
There’s no doubt Tahoe Donner will continue to be an excellent long term value. The wide range of amenities alone leaves Tahoe Donner in a class by itself. Specifically, Buyers interested in the $350,000 – $600,000 market have some excellent options. Given the low percentage of Tahoe Donner homes that will actually become REO or short sales as compared to other areas, Buyers must move quickly. Here at the Elder Group we’re seeing many families that want to capitalize on the low-priced market and upgrade their current properties given low square footage pricing and favorable lending rates.
E-mail me directly to learn more about Tahoe Donner and current listings.
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