The Spring 2024 Parade of Homes is now available online. New listings, business highlight and market update.
Parade of Homes – Spring 2024
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Parade of Homes – Spring 2024
000 Viola Lane Lot 2, Viola, ID 83872
$224,500
Less than 10 minutes from Moscow, and in the Moscow School District. This 2.76 +/- ac parcel gives you room to spread out, has easy access, and is 100% usable land. It’s gently rolling, with open views all around. The road will be to the property line as well as electric and is included in the price. Property has been witched for wells and area wells show good production. Get this one while you can!
134 E Hazel Street, Genesee, ID 83832
$299,000
This 1508 sqft, 2 bedrooms, 1 bath, & 1 car garage is waiting for new owners. When you arrive, you will be greeted by an inviting covered front porch before entering the living and dining that has an open-like concept with a wood stove. The kitchen offers ample space with great storage and enough room to add a large kitchen island. Two nice-sized bedrooms, each with large walk-in closets. The backyard offers a space for your garden and lovely shade from the mature trees.
NKA Camp‘s Canyon Road, Troy, ID 83871
$260,000
Just over 14 rolling, timbered acres of peaceful Idaho beauty on Camps Canyon Rd. outside of Troy. The driveway is in and there is a power line across the southern end of the property. Pick a building spot and get ready to enjoy this property. A seasonal creek runs through this property and there are plenty of wildlife signs. Only a few minutes from the town of Troy for basic needs and just a little farther to get to Moscow for other needs.
411 N Almon #611, Moscow, ID 83843
$45,000
2 bed, 2 bath mobile home in Robinson Mobile Home Park. Updated exterior includes new paint, new roof in September of 2021, and viny windows installed. Fenced yard. Has woodstove insert. This home backs up to an open hillside for more privacy. Lot rent is $775 per month and includes water and sewer. Small trash can is $22.14 per month and there is also a $10.36 stormwater charge per month.
1007 Juliene Way, Moscow, ID 83843
$417,500
This 3 bedroom, 2 bath split-level home has many updates for the new buyer including new flooring on the main floor, new kitchen cabinets and countertops, new oven/range, new range hood, new dishwasher, new bathroom cabinets and vanities, new toilets, new bathroom countertops and more! The home also features two living room spaces-each with a gas fireplace, a large laundry room, and a single-car garage. The backyard includes a stand alone storage outbuilding and is fenced.
1114 E D Street, Moscow, ID 83843
$474,000
This cozy home boasts 3 bedrooms, 1.5 baths, a spacious second living room & bonus room in the basement. The mature pine trees & covered front porch provide a great amount of shade for those hot summer days. The fully fenced backyard gives ample privacy or room for your pets to run. The property offers a rare find with a 600sq ft attached garage with power & a 720sq ft shop with concrete floors, that has a tremendous amount of space for all your recreational toys.Business Highlight
Cafe Artista
This cafe serves as a lovely spot to catch up with friends, relax, or study. All alongside great coffee and delightful food options. We walk up the block for a burrito on the regular.218 S Main Street, Moscow ID
Local Events
As the weather tempts us with warm spring days, don’t forget your local opportunities to soak up the season!
Market Update
“The spring market is here and it’s definitely moving. Perhaps not in ways predicted or planned, but very much so moving.
First, it’s all about interest rates. We are in the most interest-rate-sensitive environment I have seen in my 22 years of working in the industry. Even small reductions in mortgage rates cause activity to noticeably increase, and conversely when they increase the activity decreases. The correlation in activity is clear between the two directions.
However, not all real estate is created equal. Generally, for residential real estate (homes on lots and some condominiums), the market is pivoting right around the
$500,000 mark. If you’re looking at a home below this price, prepare for competition. This means multiple offers, escalations, and love letters to the seller to convince them their home is the most amazing thing since the invention of the wheel.
Above the $500,000 mark, things slow the farther away you get from that $500k mark. However, it’s certainly not dead. In this price range, we are slowly moving toward an in-balance market where there is as much supply as there is demand, however, we’re not there yet. It’s still tilted in the seller’s favor as a seller’s market. In this price range, you can expect sellers who may be more willing to negotiate terms. Of course, as we say, “Never underestimate cute” (You can also substitute amazing, cool, unique, or several other adjectives here). This means truly unique properties will buck the trends and command even more favorable terms to the seller than the norm.
Bare land is still moving well. Properties closer or in Moscow are moving slightly slower than in years past, but they are by no means stagnant. As the snow comes out of the hills, rural land and recreational properties should see increased activity. We have had less inventory of rural, bare land than in years past and that keeps the buyer side of the market “hungry”.
A Latah Realty agent knows these things and the nuances that make a property what it is. A Latah Realty pro in your corner can help you navigate and advise you on how to best proceed to your advantage.”
Sean Wilson 04/11/2024
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