9 minute read
SANDPOINT REAL ESTATE
SANDPOINT, IDAHO REAL ESTATE
REAL ESTATE
hope from the HOUSING MARKET
Schweitzer’s new developments on the way, and more hopeful news for local buyers
By Taylor Shillam
As the North Idaho real estate market sets record after record, it’s time for some good news. The recent North Idaho Market Report by Tomlinson and Sotheby’s reflects the housing market is seeing inventory improvements that are expected to last.
The summer of 2021 has seen visitors and new residents flooding to Sandpoint, with sales soaring in both Bonner County and its neighboring counties Kootenai, Boundary and Shoshone. Considering the steady influx of new residents and increased housing demands, it’s hopeful to see that available housing is on the rise.
An exciting example of new housing opportunities in the area are the unique, experiential housing opportunities set to arrive at Schweitzer Mountain in the near future.
Sandpoint locals can soon find a new home at Schweitzer Mountain with a selection of several new developments in the works.
“There’s never been a better time to become part of the Schweitzer family,” the resort states. New developments include the 5 Needles at White Pine, and a new neighborhood, Crystal Wood.
Referred to as Schweitzer’s long-awaited addition, the 5 Needles at White Pine is set to be a 26-residence, mountain-contemporary addition with incredible views and a mix of residential selections available. With everything from studios to often penthouses, each residency is set to provide views of both the mountain and Lake Pend Oreille.
The 5 Pines at White Pine will add to the mountain’s existing White Pine Lodge, which prides itself on offering families the opportunity to stay in the heart of the village. White Pine offers units with one, two and three bedrooms, set with full kitchens, gas fireplaces, underground fireplaces, and easy access to both ski lifts and hot tubs. It provides families a long list of amenities to make residents feel at home while staying just steps away from the mountain’s famous slopes.
For its new developments, Schweitzer is working with an interior designer to provide a selection of furnishing packages that will follow the guidelines of Schweitzer’s rental program.
The resort is also set to bring residential Cross Laminated Timber construction to the mountain. Cross Laminated Timber construction is a large-scale, solid engineered wood panel system known to be both lightweight and strong, while having a low environmental impact, generating almost no onsite waste. Their advantages over concrete, steel and masonry have made the panels widely adopted across Europe and now increasingly popular in the United States.
Schweitzer also has Crystal View in the works: a new ski-in, ski-out neighborhood that will sit just below the terrain park. More information on the new developments, along with the chance to subscribe to Schweitzer’s real estate development newsletter, can be found online at Schweitzer.com.
Schweitzer’s Master Plan, formed in 2017 at a meeting between stakeholders and documented on its website, has cited the resort’s unique ability to build on the mountaintop as a key piece of its ability to offer real estate solutions that many other mountain resorts cannot. “This is a huge advantage—owning the land you operate on can make any vision of unlocking the true potential of a property much more real, much sooner,” the resort states.
If you’re ready to find a home on the slopes, Schweitzer Resort is working on opportunities to make that dream a reality. But whether you’re seeking housing on the mountain or at a lower elevation, you can take comfort in the news that North Idaho’s housing opportunities are on the rise.
Even when faced with promising news, it’s important to stay alert, especially as a buyer in such a hot market.
“As homes come on the rise, buyers need to be ready to go and make quick offer decisions in order to have the best opportunity to make a purchase,” the Market Report advises. For Sandpoint buyers, it’s a time to stay hopeful, stay focused, and move quickly to successfully emerge from a challenging season in real estate.
MARKET REPORT
In a time of record-breaking highs within the North Idaho real estate market, local homebuyers can take comfort in the confirmation that inventory is now on the rise. While the improvement is small, it’s expected to stay on track. Boosting the market’s inventory is Schweitzer Resort, with impressive new developments on the way that will provide the opportunity to settle not only into beautiful Sandpoint, but in the midst of its scenery on the slopes. With inventory numbers seeing promise and new developments on the rise, buyers can stay hopeful, while remaining alert and ready to make a quick decision to secure the home they desire.
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REAL Market Update - Brought to you by Jackie Suarez, Associate Broker
What is the current real estate market climate in North Idaho?
Recently more sellers have entered the market. Buyers are evaluating carefully. With more properties to choose from, we are seeing greater days on market overall and some price adjustments. Mortgage lenders are still offering extremely low rates.
Three tips for navigating this market:
1. Engage the help of a local agent and full-time professionals who are experts in the market you are entering. Get their advice on aspects that affect use and value.
2. Sellers, devise a strategy for timing your sale, price your home or land accordingly and know your next step.
3. Buyers, be ready. Approach your search with proof of your purchasing ability and keep an open mind to a property’s long-term potential.
Is now a good time to buy or sell?
I I a alwlwa ay ys s sasay y whwhe en n thethe titimeme isis r rightight fofor r yoyou,u, t thehe t timime e i is s r righight t. .
Our market is constantly changing.
What is important to me remains the same - God, Family and Relationships. Contact Jackie Suarez, your local expert for help with your real estate needs. What Jackie’s clients are saying
“I would highly recommend Jackie Suarez as a Realtor. During the lissng of our property she kept us informed of the process, answering any quessons we had. She used a variety of ways to adversse our property and provided us with material and links to view. I truly cannot thank Jackie enough for all that she has done. Mark and I truly appreciate it! Kathy and Mark G., Sagle, ID
“ “Jackie is an enthusiassc and energesc Realtor. Her posisve and forward-leaning demeanor makes her a pleasure to work with. Not only did she find me a house, she found one for my kids as well! All this in an excepsonally challenging market. She has earned my highest level of trust and confidence! Jesse, Naples, Idaho.
“Thank you, Jackie for making our dreams come true! We are very happy clients! Mark and Diane B., Sandpoint, ID.
“P“Professional x 100…Excepsonal Customer Service…Excellent. ” Ken R., Sagle, ID
Honored to be voted Sandpoint’s nest 2017, 2018, 2019 and 2020
2020
newly listed
Sandpoint, Idaho 83864
amenities
• Heated year-round outdoor pool and hot tub • Private beach • Fitness center • Great room • Dining alcove • Catering kitchen for group entertaining • Exclusive pricing at Wildflower Spa • Private Marina slip • Landscaping and grounds maintenance • Heated driveway and sidewalks • Exterior maintenance • Two window washings a year
description
This one-of-a-kind home on beautiful Lake Pend Oreille is like nothing you’ve seen before. Residing on Seasons’ largest corner space, it’s an oasis of calm, luxury and natural beauty. From incredible panoramic views to expansive open spaces infused with the sparkling blue light of the lake and green from the mountains, this home is a musthave. Come see what the perfect blend of luxury and North Idaho living has to offer! NEDRA KANAVEL
Associate Broker Luxury Marketing Specialist ReMax Collection
113 North First Avenue, Sandpoint, ID Cell: 208.610.4624 | Office: 208.265.7363 nedra@nedrakanavel.com | nedraknowshomes.com
