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Nikki Marengo’s Whitefish Real Estate Newsletter March 2019

by

REMAX Rocky Mountain Real Estate Nikki Marengo

 

 

Nikki’s fondness for people inspires her to go above and beyond the expectations of her clients. Her main objective is making others happy and that is why real estate has become more than a profession­–it’s a passion. Let Nikki help you with the next adventure in your life, whether it’s finding a home on the golf course or selling your cabin in the woods. 406.212.8507.

Real Estate Market Trends

Flathead 2018 home sales (with median acreage), by city and home style

BY RICHARD DEWS // FEB 13, 2019

Which home styles are sold in greatest (and least) quantities, across the Flathead? Does it vary by city? How many acres (or fractions thereof) come with which home styles, and does that vary by city? I was recently asked about the acreage which comes with home sales. This week, I’ve analyzed the 2018 single-family home sales across Flathead cities, which sold for prices between $150,000 and $600,000 (see chart). I’ve focused on two statistics: 1) quantity of homes sold by city and style (blue columns using left-side axis values), and 2) among those, the median accompanying acreage (gold lines using right-side axis values).

In every city but Lakeside, the log style had the highest median accompanying acreage. One-and-a-half to two-story and ranch-style homes sold in the highest quantities, across every city, and often by overwhelming ratios versus other styles. One-story-style homes sold in the third highest quantities, but they often had the least accompanying acreage.

Richard Dews is CEO of Glacier Flathead Real Estate, a Flathead-based real estate software and services company.

Economic Outlook: More Growth in 2019

State bounced back from stagnant economy, with momentum expected to continue, economists say

BY MOLLY PRIDDY // FEB 19, 2019

The state economy bounced back from stagnation last year with help from western counties and increased construction activity, among other factors, according to economists from the University of Montana visiting last week for the 2019 Economic Outlook Seminar.

State revenues in 2017 were weak due to a stagnant economy in 2016, said Patrick Barkey of the Bureau of Business and Economic Research (BBER), but 2018 revenues were stronger thanks in part to a surge in construction across the state but particularly in Flathead, Gallatin, and Missoula counties.

Read the rest of the story… click here.

Below are properties listed for sale by Nikki Marengo.

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Beautiful 14 Acres in Clyde Park!

63 Rocky Creek Ln, Clyde Park, Park, Montana, United States 59081

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0Acre
Nestled in the serene Shields Valley, Whitetail Meadows Ranch offers a tranquil retreat just moments from Clyde Park, 20 minutes from Livingston, and conveniently located an hour from both Yellowstone Park and Yellowstone International Airport.
$749,000
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2,481 Sq Ft House in Bozeman

50 Pattee Trail, Bozeman, Park, Montana, United States 59718

4Bedroom(s)
3Bathroom(s)
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2,481Sqft
Enjoy the convenience of single level living in this charming Parklands home that backs up to green space adding a buffer and offering a more expansive feel in the yard. The covered patio in the fenced backyard beckons entertaining. This 4 bed/3 bath home boasts a vaulted ceiling and fireplace in the main as well as large windows that allow natural light to pour in.
$1,175,000
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4 1/2 City Lots in Clyde Park w/ US 89 Coverage

TBD 5th Ave, Clyde Park, Park, Montana, United States 59018

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Opportunity abounds to the entrepreneur looking to start a business in Clyde Park, MT! These 4 1/2 city lots on the main drag spanning .311 acres total offer many uses to cater to your needs, Commercial or Residential! These level lots are in a convenient location with prime US 89 frontage and have city water in place, electrical and a septic system.
$679,000
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1900's House 3 Bed/2 Bath on 8.45 Acres

6550 Farm to Market Rd, Whitefish, Flathead, Montana, United States 59937

3Bedroom(s)
2Bathroom(s)
44Picture(s)
1,949Sqft
Welcome to your quintessential 1900's Montana retreat! Once the last stagecoach stop before Canada in the 1890s, this property exudes Montanan nostalgia while maintaining its incredible condition. This charming 1949 SqFt rancher offers the perfect blend of rustic charm and modern comfort. The 3 Bed/2 Bath home nestled on a sprawling 8.
$999,000
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Amazing commercial property offered with over 20 years experience!

3630 Highway 93 N, Kalispell, Flathead, Montana, United States 59901

50Picture(s)
136,400Sqft
Amazing commercial property offered with over 20 years experience, the Majestic Valley Arena has played host to equestrian competitions of a national caliber, large banquets, trade shows, expos, rodeos, and concerts.
$15,000,000
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The Glacier Highland Hotel -- An incredible investment opportunity!

12340 US Hwy 2 E, West Glacier, Flathead, Montana, United States 59936

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The Glacier Highland Hotel -- An incredible investment opportunity! Live in West Glacier and take over a flourishing family business that features two hotel locations, a restaurant (w/ beer & wine license), a gift shop with a well-known grab and go lunch area, as well as employee housing and gas station.
$14,900,000
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180 Vista Lane 153, 143, 133, 123

180 Vista Lane, Big Fork, Flathead, Montana, United States 59911

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Selling as Asset only, no financials available at this time. Opportunity to Turn key full service resort, bar, restaurant, tiki bar, event center, 2 boat slips, pool, hot tub, fuel dock, liquor license and much more in the picturesque village of Bigfork, Montana. Located at the North End of the largest freshwater lake, on the pristine waters of Flathead Lake.
$5,800,000
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    SKIJORING RETURNS TO REBECCA FARM

    MARCH 2-3, 2019

    Rebecca Farm is excited to host their second skijoring competition on Saturday, March 2 and Sunday, March  3. Opening ceremonies begin at noon both days, closely followed by the start of this adrenaline-pumping competition. Joe Warner, well known rodeo announcer, will emcee as alpine skiers pulled by horse and rider teams fly down a challenging curved course, navigating gates, grabbing rings and soaring over jumps up to 6 feet high.

    Click here for more details…

    BRASH RODEO WINTER SERIES

    March 1-2; 15-16; 29-30; 2019

    Rodeo has been a part of Montana’s culture since the first cowboys arrived over 150 years ago. Our events include bull riding, saddle bronc riding, bareback riding, steer riding, team roping, barrel racing, breakaway roping, calf roping and chute dogging. We are Western Montana’s longest running series open rodeo. Your Glacier country vacation would not be complete without experiencing the Brash Rodeo. See you at the arena!

    Click here for more details and tickets…

    Find snow conditions on Whitefish Mountain: visit their snowcams

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