What is a SHOME?

We get a lot of questions about this. What… is a SHOME?

A SHOME is a shop + home. In this case a 40×60 shop with a large RV drive through bay on one side and a 1200 SQFT “home” on the other side. Viola, the SHOME. This is something you will find in Idaho and other rural areas.
Property is purchased with the intent of building the dream home. First a shop is erected so that there is a base for all of the future building. Then an apartment or living quarters are built as temporary housing. The plan is to then start the dream home.
Quite often the dream home never gets built and the SHOME becomes the home. Sometimes the Shome was the plan all along.  Here in Idaho we see beautiful Shomes with gorgeous high end finishes and all of the creature comforts that most people want. This shome offered 1 bedroom and 1 bath with a great room and large kitchen. Beautiful views and 20+ acres nearby national forest lands.
The challenge with the SHOME is being able to sell them like you would a home on acreage. Financing is limited and often Shomes don’t qualify for any financing. We were able to sell this SHOME quickly and get it financed. There were a few hoops but thankfully we had amazing clients on each side and our certified pre-owned program really paid off.
Have questions about Real Estate or the market in North Idaho? Get in touch with us, we are always happy to help. www.johnandtracey.com 
John and Tracey Tindall, Realtors
Windermere, Coeur d’Alene Realty
www.johnandtracey.com
208-818-2365 or 2456
Posted on September 7, 2018 at 3:22 pm
John and Tracey Tindall | Category: Helpful Tips, Listings & Selling your Home | Tagged , , , , , , , , , , , ,

Four Reasons to Sell This Winter

Maybe Winder is the best time for you to consider selling?

With Demand remaining high in our area combined with low inventory which continues to drop, this winter might just be a great combination of factors making it an ideal time for you to sell. 

A balanced market will sit at six months of inventory.  Less than six months of inventory and you start heading into a sellers market.  Lower the inventory the greater the sellers market.   In Kootenai County, our inventory sits at less than 3 months in most price sectors.  A large number of price sectors are sitting at just one month.   Low inventory with high demand will increase market values and your list price.  Interest rates continue to remain low which continues to create a tremendous amount of buyers.      

Winter is often thought a difficult time to sell, but in this buying climate it creates a perfect storm for selling!  In the winter months there is even less competition and this increases demand even further.  Buyers out looking in the cold and snow are much more serious buyers too! 

If you are interested in knowing more about the inventory levels in your neighborhood or more about our market and in determining your next step, let’s connect, we would love to assist in keeping you up on the market.    

 

 

Let’s Make Awesome Happen

Team Tindall

 

John and Tracey Tindall

Windermere, Coeur d’Alene Realty

208-818-2365 or 208-818-2456
Posted on December 12, 2017 at 11:19 pm
John and Tracey Tindall | Category: Real Estate Trends | Tagged , , , , , , , , , , , , , , , , , , , , , ,

What documents to keep and what to toss?

Tax time again and a mound of documents and not sure what to do with it all?

Hopefully you made it through another tax season and found all of your documents needed to file your return.  Now, what documents do you need to keep and which ones should you toss?   Here’s a little guideline which will help you with clearing out the old paperwork, but not throwing away anything that you might need later.

What to keep and what to toss?

 

John and Tracey
Keeping it Real…Estate

John and Tracey Tindall

208-818-2365 or 2456

www.johnandtracey.com

johntindall@windermere.com

traceytindall@windermere.com

Posted on April 18, 2017 at 6:13 pm
John and Tracey Tindall | Category: Helpful Tips | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,