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Sid Lezamiz

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Fair Market Value

by Sid Lezamiz

Fair Market Value


Fair market value is not a phrase you hear much. You know about appraised value as being the guideline for placing a value on your property for the purposes of getting a mortgage. A professional appraiser compares your home’s location, features and size to similar homes that have sold recently and by adding and subtracting value, depending on differences in the properties, a final monetary value is determined for the property in question.


Appraisals are not exact and can vary, but usually only slightly, from appraiser to appraiser.

Fair market value is the amount a buyer is willing to pay for your home. This amount is what a buyer is ready to offer based on their own situation, local market trends, interest rates, and their personal attraction or suitability for their lifestyle to a home.

There are intangible elements with any buyer’s offer. However, it is imperative that a seller uses only actual facts that can be verified and is careful to eliminate emotional attachment or other intangibles from the listing price.

Using a licensed real estate professional to determine fair market value, is the best way to price a new listing. They are intimately familiar with the local market and know all the trends that may not show up in current “sold” properties used as comparison.

Idaho Heritage Museum

by Sid Lezamiz

Idaho Heritage Museum


A cool place to take kids this summer, or anytime of the year, is the Idaho Heritage Museum right here in Twin Falls, Idaho.


Loaded with over 20,000 artifacts and 300 mounted animals the museum is one of the largest privately-owned collections in the United States.


Small and large life-sized mounted game animals displayed in their natural habitats, including a Bison and a now extinct Bison latifrons are included in the collection and on display.


Native American arrowheads, spears, knives and bone tools. An atlatl weapon used by ancient hunters to bring down huge animals. Gold and silver coins. Guns including commemorative rifles and old West Colt revolvers. A fun and educational museum will make a good field trip on a rainy or blistering hot day.


Located at 2390 and Highway 90 South in Twin Falls, the museum is open Wednesday through Sunday 11 A.M. to 4 P.M.

Fourth of July Trivia

by Sid Lezamiz

Fourth of July Trivia


Q: In what year was the Declaration of Independence adopted?
            A: 1776


Q: Who is considered the principle author of the Declaration of Independence?
            A: Thomas Jefferson


Q: Which department store has sponsored Fourth of July fireworks in NYC for the last 43 years?
            A: Macy’s. This year fireworks will be launched off barges in the East River near the Brooklyn Bridge.

Q: How many colonies signed the Declaration of Independence?
            A: Thirteen
Q: What do the thirteen stripes on the U.S. flag represent?
            A: Each stripe represents one of the original thirteen colonies.

Q: In which city was the Declaration of Independence signed?
            A: Philadelphia, PA

Q: Which man is remembered for his large, stylish signature on the Declaration of Independence?
            A: John Hancock

Q: Where are the fireworks in Twin Falls, ID on the 4th of July?
            A: College of Southern Idaho at about 10 P.M.

Have a safe and happy 4th of July holiday!

CURB APPEAL PART 2

by Sid Lezamiz

CURB APPEAL PART 2 

Curb appeal when selling your property starts with cleaning and de-cluttering your yard and exterior. Keep vehicles in the garage or parked neatly in a parking spot. Toys and bicycles should always be put away. Buyers can book a showing or cross the property off their list, just by first impressions at the curb.


Lighting. If outside lighting exists, make sure fixtures are in working order and all bulbs match in Kelvin color. Kelvin is the color and intensity of the light produced by bulbs. It varies in intensity from warm low to daylight bright. Making sure all bulbs match in Kelvin creates a much more cohesive and inviting entrance.


Lighting fixtures. Make sure the fixtures themselves are clean and in good working order. Fixtures can be easily and inexpensively replaced with an updated look available at big box home improvement stores.


Potted plant with color. A bit of color at the front door will complete the invitation to look inside. One pot or a pair of live flowering plants is usually enough. Be sure not to encroach on the space available for standing at the front door. More is not always best. Keep them in good health. Dead and bedraggled plants can kill an otherwise good curb appeal.


House numbers. Another easy and inexpensive way to update and freshen the entrance area.

 

Mailbox. Make sure the mailbox, whether at the front door or at the curb, is in good repair. Ensure it blends with the overall appearance and look of the house. Save any cutesy ideas or team loyalty declarations for your new home.

Curb Appeal When Selling

by Sid Lezamiz

Curb Appeal When Selling


The thing about first impressions is there is only one shot at it. A first impression only happens once, the first time a potential buyer sees your property. It is why it is so important to prepare your home to present at its best before actively showing your home to buyers.


There is no substitute for good old elbow grease. Clean, de-clutter and clean again. The most modest of properties can look inviting by being clean, uncluttered and bright.


A first impression always starts at the curb. Maybe just a drive-by to see if it is worth making an appointment with the listing agent to view the interior.


Yard. The grass must be kept cut and trimmed. Consider contracting with a lawn service to maintain your yard while your home is on the market. Not only will it always look good, but it will be one less chore to worry about.


Power wash. A good power washing of the exterior of the house along with the hard-surfaced walkways and driveway will make a big difference. Not only will you clean the brick or siding but knock down any insect nests and spider webs.


Clean windows. After power washing, windows will need to be cleaned in order to be streak-free and let the light into the house.


Front door. Make sure the front door is clean and fresh and in good repair. A coat of paint in a tasteful color will complete a neat and tidy fresh look.

‘Tis the Season for Farmers Markets

by Sid Lezamiz

‘Tis the Season for Farmers Markets


Discover the fun and goodness of local farmers markets this summer and fall. It isn’t just fresh, locally grown fruits, vegetables and meat products. There is so much more. Baked goods, country decor, fresh flowers and plants, music, fun stuff for kids. The benefits for the farmers and the consumer are many.


Taste the deliciousness of ripened in the field fruits and vegetables. No early harvest to allow for transporting and storing and delivery. Field to the table is as fresh as it gets.


Recipes. Try new recipes to enjoy each seasons bounty.


Support the local agri-businesses.


Protect our land and environment.


Nourish your body with fresh delicious nutrients.


Check local listings as each area has different days and times. You can likely piece together a full week of scheduled farmers markets.


Twin Falls Farmers Market, North College Road, Twin Falls. Saturdays 9 AM – 1 PM


Downtown Twin Falls Farmers Market, Main Ave., Twin Falls. Saturdays 9 AM – 1 PM

Movies Shot in Idaho

by Sid Lezamiz

Movies Shot in Idaho


Idaho has stunning scenery and unique spots along with long summer days providing daylight until 10 P.M. Perfect for the movies. Filming movies that is. Beautiful locations and long working days provides an ideal fit for film makers.


Put these shot-in-Idaho films on your summer movie list.


Northwest Passage (1940). Filmed in McCall & Sandpoint. Starring Spencer Tracy and Robert Young.


Bus Stop (1956). Filmed in Sun Valley and Ketchum. Starring Marilyn Monroe.


Breakheart Pass (1975). Filmed in Lewiston. Starring Charles Bronson.


Heaven’s Gate (1980). Filmed in Wallace. Starring Kris Kristofferson, Christopher Walken, John Hurt and Sam Waterston.


Bronco Billy (1980). Filmed in Boise and area. Starring Clint Eastwood.


Dante’s Peak (1997). Filmed in Wallace. Starring Pierce Bronson.


Breakfast of Champions (1999). Filmed in Twin Falls. Starring Bruce Willis and Nick Nolte.


Town and Country (2001). Filmed in Sun Valley. Starring Warren Beatty, Diane Keaton and Goldie Hawn.


Napoleon Dynamite (2004). Filmed in Preston and Franklin. Starring Jon Heder and Efren Ramirez.


Magic Valley (2011). Filmed in Twin Falls. Starring Scott Glen, Kyle Gallner and Allison Elliott.

Video Doorbells

by Sid Lezamiz

Video Doorbells


In 2019 we are closer and closer to achieving the “Jetsons” lifestyle. The Jetsons, an animated show aired in the early 60’s, was the family of the future. Back then it was laughable to think we would ever have some of the inventions they lived with. But in fact, the Jetsons lifestyle is becoming reality in bits and pieces.


One of the best affordable smart home devices currently on the market, is video doorbells. A video doorbell is easily installed by changing out an existing doorbell and using home Wi-Fi to broadcast real-time video to your smart phone. There are battery operated video doorbells if existing hard wiring is impossible.


With built-in night vision, on-demand video and instant alerts that go to your phone, tablet or PC, monitoring your property is now achievable from literally anywhere. Checking activity and knowing exactly when packages are delivered or when children come home or visitors have arrived, goes a long way toward the safety of your home and property.


Priced from $99 and up depending on features, a video doorbell is a good first step in making your home a smart home and living like the Jetsons.

Old Idaho Penitentiary

by Sid Lezamiz

Old Idaho Penitentiary


With school vacation just around the corner, finding family summer activities that are fun and educational are plentiful in Idaho.


Under the umbrella of Idaho State Historical Society, a quirky idea is a family road trip to the Old Idaho Penitentiary in Boise. Opened in 1872, the penitentiary housed some of Idaho’s and the West’s most notorious criminals for over 100 years.


With thirty buildings including cell blocks, Solitary Confinement and Gallows, it is a museum to explore, pretend and learn about history.


Exhibits include:


      • Faces of the Idaho State Penitentiary- New exhibit featuring inmate faces from 50 states and 45 countries
      • WWI Idaho Forestry Soldiers
      • Crafty Cons- craft projects made by inmates
      • Marked Men- the history, method and meaning of tattooing
      • The Women’s Ward


Summer hours (Memorial Day through Labor Day), Monday – Sunday, 10 A.M. – 5 P.M.


https://history.idaho.gov/location/old-penitentiary/

Housing Trends 2019

by Sid Lezamiz

Housing Trends 2019


According to Realtor® Magazine the emerging trends for housing in 2019 are still closely tied to affordability and finances. But who lives in those homes and the amenities in the home is changing.


There is still a lack of affordable housing inventory. Millennials strapped with education debt and Hispanics an important group that is buying real estate, both are doing so with less purchasing power than the average buyer. Millennials have 19 percent less buying power and Hispanics have 12% less.


Repeat buyers are older. The average age of repeat buyers is 55. In 1981 the average age was 36. First time buyers age is fairly constant at 32, but the marital status has changed to include 18 percent single women and 16% unmarried couples.


Parenthood is down. Care for pets and aging parents is up. Birthrates are down with 2.4 births per woman. In the 1960’s that figure was 4.7. The percentage of home buyers in the U.S. with children is 34%. Housing for pets and multigenerational family living is an upward trending statistic.


Ownership in one home is getting longer. The length of ownership in a specific home averaged 6 years in 2008. Today it is averaging 9 to 10 years.


Buyers want staged homes. Referred to as the TV effect, staging is becoming increasingly important as buyers watch and expect the results they see on the many shows currently televised.


Home ownership is still the American Dream. Nine out of ten currently non-homeowners still view baseball, apple pie and owning a home the American Dream.

Displaying blog entries 1-10 of 342

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Lezamiz Real Estate Co.
705 Fillmore, Suite 1
Twin Falls ID 83301
Office: 208-734-7007
info@lezamizrealestate.com
Fax: 208-732-5384