478 Lamarque Court, 2 bedrooms, 1.5 baths, single story on a city lot for $238,500

Moving up the price point there are a few homes under $250,000 that are not total fixers. This home is typical of smaller older Grass Valley homes, not a true “ranch” only two bedrooms, and 1.5 bathrooms, but the home has decent fixtures and finishes and mature landscaping that offers good curb appeal in the front yard and bit of privacy in the fenced back yard. This home went pending after just one day on the market, which gives you a sense of how strong the demand it for homes under $250,000 that are not in need of a total remodel. Older homes like this all have some maintenance issues. It will take a pest inspection and whole home inspection to know if there are any issues that would prevent this home from being move-in ready. When buyers see homes like this, and there are no immediate and obvious structural defects, and they realize how few homes are priced this low, it is not surprising they go under contract so quickly. Figure the inspections take about two weeks. If it still under contract in two weeks then you can figure the inspections came out good, and this one will close. I will keep watching it. Compare this one to Lucas Lane to get an idea of what the least expensive homes in all of Nevada County are like: https://remarketreport.net/2017/06/15/170-lucas-lane-the-least-expensive-home-in-the-grass-valley-area-that-is-not-a-fixer-listed-at-225000/

Author: gordon

Nevada County Resident since 1988. Painting and Decorating Contractor 1985-2003 Nevada County Realtor Since 2004 Member of the Nevada County Masters Club (top producing agent) Every Year Since 2004

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