coldwell banker valley brokers real estate buyer's guide

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REAL ESTATE BUYER’S GUIDE What is this? This is a 2D “QR” Code Scan the code with your Smart Phone and receive more information about that listing! Need an app to scan the code? Go to Bako.do, BeeTagg.com, or i-nigma.com ALBANY 541-928-6317 2225 Pacific Blvd. SE, Suite 101 Mon - Fri: 8:30 am - 5:30 pm CORVALLIS 541-757-0222 1109 NW 9th Street Mon - Fri: 8:30 am - 5:30 pm Sat: 9:00 am - 4:00 pm Sun: 9:00 am - 4:00 pm LEBANON 541-451-4513 285 Main Street Mon - Fri: 8:30 am - 5:00 pm Summer 2012 $478,800 Albany $425,000 North Albany RARE FIND ON 4.32 ACRES Custom built newer 3,153 SF home loaded with features and amenities. 3 bedroom, 3 bath plus an office and bonus room with balcony. Master on main level. Beautiful landscaping and outdoor living spaces, pastoral areas for animals, 40x60 shop and tree farm. www.valleybrokers.com/653797bg #1-6 YOUR PRIVATE PARADISE! 3,730 SF home in Covey Run with 5 bedrooms, 3.5 baths, and air conditioning all on a 0.21 acre lot. Dream garden to spark the imagination of all ages, shop and greenhouse. Large beautiful kitchen, first floor guest suite with private bath, fabulous MBR suite and versatile family area. Fully landscaped back yard. www.valleybrokers.com/653289bg #1-5 $439,900 Corvallis SPACIOUS CONTEMPORARY 4 bedrooms and 4 bathrooms, including two master suites, formal and casual living spaces and gorgeous views, all on a large .37 acre lot in desirable NW Corvallis neighborhood. New carpet and tiled foyer, stainless steel appliances, in-house vac and so much more! www.valleybrokers.com/653831bg #1-7 $699,000 Lebanon ENTERTAINER’S DREAM! Innovative style and custom craftsmanship abound in this 4 bedroom, 3 full and 2 half bath home of nearly 5000 SF built on 4 city lots. Built to embody the spirit of the finer moments in life, this home includes expansive lounging spaces, spa-like bathrooms and exquisite details throughout. www.valleybrokers.com/653781bg #1-4 $245,900 Albany CUSTOM QUALITY HOME Hard to find main level master. Vaulted entry with hardwood flooring. Formal dining flows to living room, beautiful stainless & stained wood cabinets in kitchen with breakfast nook. Landscaped patio areas, walk- ways, irrigation and fenced back yard. Appealing Spring Meadow location. 3 bedroom, 2.5 bath, 2186± SF. www.valleybrokers.com/649394bg #1-9 $490,000 Corvallis $179,900 Albany TOP OF THE HILL This immaculate, perfectly maintained home rests on a manicured .31 acre lot. It features 3 bedrooms, 2.5 baths, and 2747 SF of living space. Shop/hobby room for the crafts person. High efficiency gas furnace and a lovely view of the city from the upstairs. www.valleybrokers.com/653873bg #1-10 YOU ARE HOME! Newer 3 bedroom, 2.5 bath home located in area of similar type homes. Spacious living room with high ceiling, functional island kitchen with newer appliances and pantry, dining room with slider to cc patio and large fenced back yard. Bonus room, spacious bedrooms with ample storage and much more! www.valleybrokers.com/653360bg #1-11 $315,000 Albany SMALL ACREAGE IN TOWN Beautiful 3 bedroom, 2 bath custom home of nearly 2000 square feet built in 1998 sits on 1. 54 acre park- like setting. Enjoy your gorgeous property from the wrap-around deck or swing from the branches of one of the mature oak trees. Never before on the market. Call for an appointment to see this one today. #1-12 $649,000 Corvallis $550,000 Corvallis BEAUTIFUL & WELL MAINTAINED 1.24 park like acres surround this stately home with distinctly separate living spaces with great dual living potential! Private woodland setting with decks and patios , extensive stone work and beautiful landscap- ing. Inside there are so many possible living scenarios under one roof. #1-3 GORGEOUS SINGLE LEVEL Immaculate custom Craftsman in Fairway View Estates. Stunning amenities, formal and casual entertaining spaces, and beautifully landscaped ‘English Garden’ style fenced back yard. Desirable location in the Corvallis Country Club area with easy access to OSU. www.valleybrokers.com/652906bg #1-2 $589,000 Lebanon RESORT LIVING AT HOME Top-of-the-line remodeled home with river frontage and views. Open kitchen, family, dining design. Master, suite, den/office and guest bath on main. Two Lower level guest rooms and huge family room. Extensive outdoor living covered patio and deck off kitchen. Large shop, garden and pasture. 4 BR, 3 BA, 2920± SF. www.valleybrokers.com/653769bg #1-1 $539,900 Corvallis TOP OF THE LINE …5 bedroom 3.5 bath home. Master on main, gourmet kitchen, formal dining, huge bonus room, rec room, dual living possibilities in daylight basement. Lots of storage, HEPA filter system. Vaulted living room w/wall of windows. Gorgeous views. Surrounded by 29 acres of common area with trails into McDonald Forest. www.valleybrokers.com/652223bg #1-8 Visit Us At: www.ValleyBrokers.com and find us on $179,900 Sweet Home $189,900 Lebanon COUNTRY LIVING, PARK LIKE SETTING Nearly 2000 SF, 4 bedroom, 2.5 bath updated and remodeled home. Country living. Updates include new roof and vinyl windows. Remodeling includes kitchen and laundry room. Newer wrap-around composite deck under covered wrap-around porch. Newer exterior paint. All on manicured ½ acre lot. www.valleybrokers.com/652155bg #1-13 METICULOUSLY MAINTAINED HOME 1496 SF, 3 bedroom, 1.5 bath home on .48 acres of flat land. Wood-burning fireplace in living room, gas stove in family room, kitchen with granite countertops. Beautifully landscaped with mature plantings, veggie garden patch, ponds, and the 12 x 24 detached shop. www.valleybrokers.com/652825bg #1-14 $262,500 Albany/Millersburg CUSTOM BUILT DREAM 3 bedroom, 2 bath with open floor plan and upgrades throughout. Kitchen has granite and stainless steel appliances. Master suite with coffered ceiling and French doors to the back patio with hot tub. The .37 acre lot has an electronic gated entry and RV space. Very private professionally landscaped lot. www.valleybrokers.com/653205bg #1-15 PENDING PENDING PENDING PENDING NEW LISTING! QR CODE NOT AVAILABLE NEW LISTING! QR CODE NOT AVAILABLE

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July 2012 Guide to homes, land, commercial property available for sale in Albany, Corvallis, Lebanon, Philomath and throught the Mid-Willamette Valley

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REAL ESTATE BUYER’S GUIDE

What is this?This is a 2D “QR” CodeScan the code with your Smart Phone and receive more information about that listing!

Need an app to scan the code? Go to Bako.do, BeeTagg.com, or i-nigma.com

AlbAny 541-928-6317 2225 Pacific blvd. SE, Suite 101

Mon - Fri: 8:30 am - 5:30 pm

CorvAlliS 541-757-02221109 nW 9th Street

Mon - Fri: 8:30 am - 5:30 pm Sat: 9:00 am - 4:00 pm Sun: 9:00 am - 4:00 pm

lEbAnon 541-451-4513285 Main Street

Mon - Fri: 8:30 am - 5:00 pm

Your Premier Val leyReal Estate CompanyCORVALL IS • ALBANY • LEBANON Summer 2012

$478,800 Albany$425,000 North Albany

RaRe Find on 4.32 acResCustom built newer 3,153 SF home loaded with features and amenities. 3 bedroom, 3 bath plus an office and bonus room with balcony. Master on main level. Beautiful landscaping and outdoor living spaces, pastoral areas for animals, 40x60 shop and tree farm.

www.valleybrokers.com/653797bg #1-6

YouR PRivate PaRadise!3,730 SF home in Covey Run with 5 bedrooms, 3.5 baths, and air conditioning all on a 0.21 acre lot. Dream garden to spark the imagination of all ages, shop and greenhouse. Large beautiful kitchen, first floor guest suite with private bath, fabulous MBR suite and versatile family area. Fully landscaped back yard.www.valleybrokers.com/653289bg #1-5

$439,900 Corvallis

sPacious contemPoRaRY 4 bedrooms and 4 bathrooms, including two master suites, formal and casual living spaces and gorgeous views, all on a large .37 acre lot in desirable NW Corvallis neighborhood. New carpet and tiled foyer, stainless steel appliances, in-house vac and so much more!www.valleybrokers.com/653831bg #1-7

$699,000 Lebanon

enteRtaineR’s dReam! Innovative style and custom craftsmanship abound in this 4 bedroom, 3 full and 2 half bath home of nearly 5000 SF built on 4 city lots. Built to embody the spirit of the finer moments in life, this home includes expansive lounging spaces, spa-like bathrooms and exquisite details throughout.www.valleybrokers.com/653781bg #1-4

$245,900 Albany

custom QualitY HomeHard to find main level master. Vaulted entry with hardwood flooring. Formal dining flows to living room, beautiful stainless & stained wood cabinets in kitchen with breakfast nook. Landscaped patio areas, walk-ways, irrigation and fenced back yard. Appealing Spring Meadow location. 3 bedroom, 2.5 bath, 2186± SF.www.valleybrokers.com/649394bg #1-9

$490,000 Corvallis $179,900 Albany

toP oF tHe HillThis immaculate, perfectly maintained home rests on a manicured .31 acre lot. It features 3 bedrooms, 2.5 baths, and 2747 SF of living space. Shop/hobby room for the crafts person. High efficiency gas furnace and a lovely view of the city from the upstairs.

www.valleybrokers.com/653873bg #1-10

You aRe Home!Newer 3 bedroom, 2.5 bath home located in area of similar type homes. Spacious living room with high ceiling, functional island kitchen with newer appliances and pantry, dining room with slider to cc patio and large fenced back yard. Bonus room, spacious bedrooms with ample storage and much more!www.valleybrokers.com/653360bg #1-11

$315,000 Albany

small acReage in townBeautiful 3 bedroom, 2 bath custom home of nearly 2000 square feet built in 1998 sits on 1. 54 acre park-like setting. Enjoy your gorgeous property from the wrap-around deck or swing from the branches of one of the mature oak trees. Never before on the market. Call for an appointment to see this one today.

#1-12

$649,000 Corvallis$550,000 Corvallis

BeautiFul & well maintained1.24 park like acres surround this stately home with distinctly separate living spaces with great dual living potential! Private woodland setting with decks and patios , extensive stone work and beautiful landscap-ing. Inside there are so many possible living scenarios under one roof. #1-3

goRgeous single levelImmaculate custom Craftsman in Fairway View Estates. Stunning amenities, formal and casual entertaining spaces, and beautifully landscaped ‘English Garden’ style fenced back yard. Desirable location in the Corvallis Country Club area with easy access to OSU.

www.valleybrokers.com/652906bg #1-2

$589,000 Lebanon

ResoRt living at HomeTop-of-the-line remodeled home with river frontage and views. Open kitchen, family, dining design. Master, suite, den/office and guest bath on main. Two Lower level guest rooms and huge family room. Extensive outdoor living covered patio and deck off kitchen. Large shop, garden and pasture. 4 BR, 3 BA, 2920± SF.www.valleybrokers.com/653769bg #1-1

$539,900 Corvallis

toP oF tHe line…5 bedroom 3.5 bath home. Master on main, gourmet kitchen, formal dining, huge bonus room, rec room, dual living possibilities in daylight basement. Lots of storage, HEPA filter system. Vaulted living room w/wall of windows. Gorgeous views. Surrounded by 29 acres of common area with trails into McDonald Forest.www.valleybrokers.com/652223bg #1-8

Visit Us At: www.ValleyBrokers.com

and find us on

$179,900 Sweet Home $189,900 Lebanon

countRY living, PaRk like settingNearly 2000 SF, 4 bedroom, 2.5 bath updated and remodeled home. Country living. Updates include new roof and vinyl windows. Remodeling includes kitchen and laundry room. Newer wrap-around composite deck under covered wrap-around porch. Newer exterior paint. All on manicured ½ acre lot.www.valleybrokers.com/652155bg #1-13

meticulouslY maintained Home1496 SF, 3 bedroom, 1.5 bath home on .48 acres of flat land. Wood-burning fireplace in living room, gas stove in family room, kitchen with granite countertops. Beautifully landscaped with mature plantings, veggie garden patch, ponds, and the 12 x 24 detached shop.

www.valleybrokers.com/652825bg #1-14

$262,500 Albany/Millersburg

custom Built dReam3 bedroom, 2 bath with open floor plan and upgrades throughout. Kitchen has granite and stainless steel appliances. Master suite with coffered ceiling and French doors to the back patio with hot tub. The .37 acre lot has an electronic gated entry and RV space. Very private professionally landscaped lot.www.valleybrokers.com/653205bg #1-15

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©2012 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity . Each office is independently owned and operated. Information deemed reliable but not guaranteed.

Albany and Surrounding Area$89,900 Albany

le dealPotential can be found in this home built in 1900. In need of substantial TLC, home is located in downtown area on large corner lot and offers large porches, spacious rooms, full basement and detached garage. Bring along your tool belt and elbow grease and make this your home!www.valleybrokers.com/649666bg #2-1

Bust YouR ButtonsThe time to buy is now! Here is a great opportunity. Spiffy 3 bedroom, 2 bath MFG home on its own lot. Large kitchen/dining area, vaulted ceiling, inside utility. It is in wonderful condition. Partially fenced yard with room for 2 vehicles undercover. Don’t rent – be a proud home owner today!www.valleybrokers.com/641093bg #2-4

$130,000 Albany $132,500 Albany

nice Home, nice neigHBoRHood1 bedroom of this 3 bedroom, 1 bath home has been used as an office/den, with access from kitchen through louvered door. An extension off the kitchen was used as a dining room, but could be a cozy family room. Hardwood under carpet. 21’x20’ cc pad with wide gate for boat or small camper.www.valleybrokers.com/653811bg #2-7

two FoR one1164 SF, 3 bedroom, 2 bath home with a vaulted “Great Room” floor plan. Kitchen with eating counter and dining area. Lots of light washes in the many large windows. French doors lead you out to the large wrap-around deck. Plus a 384 SF rental cottage. Overlooks neighborhood park.www.valleybrokers.com/639834bg #2-8

$140,000 Albany $142,500 Albany

aRe You tHe luckY one? This home has the charm of the 50s with wainscoting in hall and dining area. Hardwood floors in living room and bedrooms. Mahogany cabinets and paneling in kitchen. Large front window and original wood windows. Wood-burning fireplace in living room and family room. Covered deck and patio. Fenced yard.www.valleybrokers.com/652160bg #2-10

a Place to call HomeFamily room, living room, formal dining room, 3 bedrooms, 2 baths, vacuum system, gas fireplace, double garage with attached shop, garden shed, and a large lot. All this for under 150K! Don’t miss out on this – your new home!

www.valleybrokers.com/648028bg #2-11

$165,000 Albany

deeRField dandY With new carpet, vinyl windows, an architectural roof and many other great upgrades, this 3 bedroom, 2 bath home is a winner. Lovingly maintained, the home features a large patio with hot tub in the beautifully landscaped and fenced back yard, a paved RV pad, an open floor plan and a great neighborhood. www.valleybrokers.com/652760bg #2-13

$180,000 Albany

moRe tHan a Place to live3 BR, 1.5 BA, 1776 SF home has a kitchen with eating bar that opens to a family room with patio door to covered deck, patio, and shed. Living room with bay window. Original 6 panel wood doors. Main bath with tub/shower, open to MBR. Fenced yard with sprinklers and mature trees for privacy. Close to schools.www.valleybrokers.com/646136bg #2-16

$50,000 Albany

diamond in tHe RougHGreat location just out of town on a wooded 1+ acre parcel with older home in fair condition. Bring your ideas and make this great location into a great investment.

www.valleybrokers.com/652749bg #2-2

$95,000 Albany

moRe tHan You exPect2 bedroom, 1068 SF, 1.5 bath home built in 2005. Living room with wood floor and large window for light. Large dining area and kitchen with corner pantry. Tile floor in kitchen and entry. Master bedroom with half bath and double closets.

www.valleybrokers.com/649685bg #2-5

$169,900 Albany

lovelY HistoRic HomePride of ownership shows in this turn of the century home with 1880 SF and on two tax lots. The kitchen has been completely remodeled and much of the exterior has been restored to the original. The living and dining areas have the original cabinets. Yard is partly fenced and is landscaped. There is room for an RV.www.valleybrokers.com/651938bg #2-14

We never stop moving.®

$194,500 Albany

4 BedRoom BeautYNew carpet, fresh paint, gas fireplace, air conditioning and covered patio, this 4 bedroom, 2 bath single level 2002 built home is meant for you. Fantastic floor plan, family room, large living/dining combo, MBR suite with direct access to patio and more. Popular Lydon floor plan, drop in and view this home!www.valleybrokers.com/653981bg #2-17

$94,900 Albany

$89,000 Albany

don’t miss out!This 1058 SF house built in 1945 has some recent updates including laminate flooring in the kitchen and a small bar by the pass-through to the dining room. Arched access from dining to living room add to the charm. Former garage has been converted into the 3rd bedroom.www.valleybrokers.com/650434bg #2-3

$96,900 Albany

will tHis Be YouRs?You will be pleased. Hardwood floors in living room, hall and bedrooms. Fresh paint throughout. New kitchen cabinets and some new windows. Large front window for morning sunshine. Bedrooms have nice sized closets. Updated bathroom. Covered deck and partially fenced yard with trees.www.valleybrokers.com/653282bg #2-6

$134,900 Albany

tuRn-keY HomeThis 3 bedroom, 2 bath home was built in 2001. The large living room is bright with vaulted ceilings. Dining area right off the kitchen has access to the 2 car garage. The master has a walk-in closet and private bath. Fully fenced yard is low maintenance with a patio area to enjoy the sunny days.www.valleybrokers.com/652172bg #2-9

$146,600 North Albany

countRY Feeling in noRtH alBanYYes we do have it and it’s ready for you! 3 bedrooms, 1.5 baths, fireplace, window air conditioner, and double car garage. Newer vinyl windows, fenced .28 acre yard, toy structure and newer roof. Quiet area. $1000 carpet allowance upon closing.

www.valleybrokers.com/650317bg #2-12

$179,900 Albany

a Home oF YouR ownNewer 3 bedroom, 2.5 bath home located in SE area of town. Living room, formal dining room, kitchen with ample cabinets, spacious MBR suite on lower level, utility room on 2nd level, loft area, side patio and so much more!

www.valleybrokers.com/653237bg #2-15

$195,000 North Albany

stYle & elegance aBound! Kitchen with stainless steel appliances, tile countertops and opens to dining room and den with gas fireplace. Large master bedroom offers coffered ceiling and walk-in closet. Low maintenance yard. Private covered patio. Neighborhood nature paths and playground. Two car attached garage with alley access.www.valleybrokers.com/650410bg #2-18

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55+ living in stYle! Bright and open 3 bedroom, 2.5 bath home with 3 car garage and exquisite amenities. Gorgeous finishes throughout. Move right in and let the HOA take care of the exterior maintenance. Bright and open floor plan with high ceilings, bamboo and travertine floors, fabulous kitchen and much more.www.valleybrokers.com/651702bg #3-8

©2012 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity . Each office is independently owned and operated. Information deemed reliable but not guaranteed.

Albany and Surrounding Area$199,900 Albany

ligHt & BRigHt Home3 bedroom, 2.5 bath home in a park-like setting with large wrap-around deck! Living room complete with wood-burning fireplace to the open kitchen with an abundance of cabinets and laminate floors. Located in a private neighborhood, close to LBCC and commuting.

www.valleybrokers.com/650360bg #3-1

$209,990 North Albany

Quiet noRtH alBanY locationUpdated and improved with newer triple pane windows, carpet, interior paint, cabinet fronts, bay window and much more. 3 bedroom, 2 bath home with living room, family room and great kitchen. 20 x 30 shop with electricity, water heater, office area, 2 heaters and double pane windows.www.valleybrokers.com/623642bg #3-2

$298,900 North Albany

BeautiFullY aPPointed3 bedroom, 2 bath home just minutes from downtown in a country living setting. Wrap-around covered (in areas) wood decks for year round entertaining, gardening area, play area, park-like landscape plus big garage and separate carport. Beautiful master bedroom suite. Storage galore. A must-visit home!www.valleybrokers.com/653225bg #3-7

$232,000 Albany

tRulY tuRn-keY! Move right in to this newer 3 BR, 2.5 BA home of nearly 2000 SF. Includes living room with gas fireplace, formal dining room, large beautifully appointed kitchen, spa-like master bath, full front and backyard landscaping with underground sprinklers and a double car attached garage. Clean and absolutely beautiful!www.valleybrokers.com/653713bg #3-5

$220,000 Albany

HistoRic BuRkHaRt HomeImmaculately maintained 3 bedroom home of over more than 2100 SF with a full unfinished basement not included in square footage sits on over half an acre in town. Conveniently located near schools, shopping and parks. Convenient for commuters as well. Gorgeous true Craftsman detail throughout.www.valleybrokers.com/643119bg #3-4

$299,000 North Albany

$384,900 North Albany

majestic Home in coveY RunGourmet kitchen with granite counters, stainless steel appliances and pantry. Office with gas fireplace, bay windows, and French doors. Enormous open concept family room upstairs. MBR suite with gas fireplace, sitting area, and large attached bath. Triple car garage, fully fenced yard, and underground sprinklers.www.valleybrokers.com/649049bg #3-10

$399,999 Albany

PeaceFul ne livingBuilt in 1992, this 2930 SF beauty also boasts a 2880 SF shop with three 12’ roll up doors. Gorgeous landscaping, a 24’X23’ deck overlooking open space and a tranquil setting on a .83 acre lot make this a dream home. Make this extraordinary home yours!

www.valleybrokers.com/642622bg #3-11

$221,000 Albany

wondeRFul neigHBoRHood! 3 bedroom, 2 bath home located on the SW side! Close to tennis and swim club, and schools. Covered front porch, formal living room with hardwood floors, large kitchen and park-like back yard with underground sprinklers. This home has it all!

www.valleybrokers.com/652974bg #3-3

$244,900 North Albany

it’s a classic! Single level home in one of North Albany’s favorite neighborhoods is highlighted with custom features throughout. Handmade tiles on fireplace surround and custom wood crown molding. Hardwood floor in living room has been refinished. 3 bedroom, 2 bath home plus large den and extra room.www.valleybrokers.com/646694bg #3-6

countRY living close to town! Home built in ‘91 on gorgeous 1.5 acres. Sun filled vaulted living room with pellet stove. Open floor plan kitchen, dining and living area. Secluded MBR suite. Extra large private back deck. Large 2 car garage with shop. Seller to replace siding prior to close with acceptable offer.www.valleybrokers.com/638071bg #3-9

$299,900 North Albany

$1,285,000 Albany

stunning estate on 11 acResAmenities galore in this amazing custom built Craftsman home! Main floor master suite, spa bath with steam shower, and private gym with sauna! Expansive gourmet kitchen, gracious living spaces, game room, media room, charming 1200± SF guest suite, pool, putting green and much more!www.valleybrokers.com/648475bg #3-12

$64,900 Albany

Home witH a vision1 bedroom, 1 bath home located in SE area of town. In need of some TLC find spacious living room, dining room and bedroom, kitchen with ample cabinets and inside utility.

www.vallebrokers.com/650517bg #3-13

$119,000 Albany

wHat a cuteY!Well maintained beginner’s home, possibly three bedrooms, one bath, hardwood floors, updated vinyl windows, roof life very good. Almost 6,000 SF level lot. Very close to shopping, easy commute to Salem or Eugene. Good investment opportunity.

www.vallebrokers.com/654195bg #3-14

The economic fortunes of the Corvallis area are closely tied to Oregon State University, which not only hires a lot of workers but also spawned a handful of local businesses.

Recently, the local economy has been on an upswing. The total unemployment rate has fallen by nearly one percentage point in the past year to 6.1%, enrollments at the university climbed by 8% and 5% over 2010 and 2011, respectively, boosting demand for rental units.

That has created an opportunity for real estate investors, who are buying up homes priced below the median level and renting them out to college students, said Jimmy Yang, an associate professor of finance at Oregon State University.

Where Home Prices Are Rising Fastestmedian Home Price: $224,000 drop since market Peak: 11.4% Forecast gain through 2013: 13.2%

Supply is limited though. Smart growth initiatives aimed at preserving open spaces put limits on development in certain parts of town. With fewer new homes being built, it should put upward pressure on pricing.

For more information on how you can benefit from this emerging trend, please call one of our experienced brokers today at any of our three offices.

Presented by Les Christie of CNNMoney, May 30th, 2012

We never stop moving.®

VALLEY BROKERS

Page 4

©2012 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity . Each office is independently owned and operated. Information deemed reliable but not guaranteed.

Corvallis and Surrounding Area$80,000 Philomath

looking FoR land!This is it! Manufactured home on ¼ acre level lot off Main Street. 3 bedroom, 2 bath with great rental history. Investment potential or land to build your dream home. Excellent school district, small town atmosphere. Close to Corvallis, OSU, and an abundance of outdoor activities!www.valleybrokers.com/650066bg #4-1

$129,500 Corvallis

You can’t imagine…the condition until you enter. Stairwell shortened to allow for open feeling. Custom cabinets in kitchen, dining and under stairs. New lighting in kitchen. New wood floors in living room, carpet in bedrooms. MBR with patio doors to deck. Relax in the beautifully landscaped yard with water feature.www.valleybrokers.com/645356bg #4-2

$174,500 Corvallis

uPdated single level HomeMany of the updates include some newer vinyl windows, the kitchen along with a garden window and walk-in pantry, a separate laundry room, and the bathroom with its lovely tile touches. The back yard has a large deck that’s perfect for entertaining. This home is a must visit.www.valleybrokers.com/653547bg #4-4

$175,000 Corvallis

move-in ReadYTwo bedroom home near Willamette Park. Super clean, excellent condition and freshly painted. Attached garage, gas forced air furnace, and air conditioning ready. HOA fees cover front yard maintenance and use of community pool and rec center. Close to bus stop and bike trail.www.valleybrokers.com/653535bg #4-5

$185,500 Philomath

lovelY oPen FlooR Plan3 bedroom, 2 bath single level built in 2001. Wonderful open floor plan with cathedral ceilings make this 1247 SF home feel larger than it is. Great central location which is just another added bonus. This is not a drive by, come take a tour.

www.valleybrokers.com/653822bg #4-7

$189,000 Corvallis $197,500 Corvallis

cute & comFoRtaBle, amazing laYoutGreat home with amazing use of space, in great condition with modern materials like hardwood floors, granite counters and a beautiful kitchen. The main level layout lends itself to entertainment as well as cozy evenings curled up with a good book. Surprisingly big back yard.www.valleybrokers.com/651541bg #4-8

PaHlisH Built HomeLocated in Willamette Landing with open floor plan, island kitchen and lots of counter space. Entertain under 16’x16’ covered patio. Garden or relax in private, fenced back yard. Front yard sprinklers and vinyl siding mean low maintenance. Oversized single garage. Close to parks and schools.www.valleybrokers.com/651283bg #4-9

$199,900 Philomath

a little slice oF HeavenNot far from town, complete with small fruit orchard and garden area. Lovely Japanese Maple, Camellia, Azaleas, Hydrangea and stand of Fir. View of Marys Peak from back of property and room for whatever you want. Covered patio out back for enjoying those long summer days.www.valleybrokers.com/651571bg #4-11

$207,000 Corvallis

solid single levelClose to local parks, shopping and schools, and less than 2 miles from OSU. Large family room, opens to back yard, fireplaces in both the living and family rooms. Large, private, .24 acre landscaped lot with fenced back yard. 14’x13’ finished studio. 2-car attached garage. 3 bedroom, 1.5 bath, 1444± SF.www.valleybrokers.com/649606bg #4-12

$239,000 Corvallis $249,900 Corvallis

new PRice! luxuRY condoLive the easy life in this upscale, low-maintenance Renaissance on the Riverfront condo! Wheelchair friendly; comfortable for everyone. 9’ ceilings, light wood floors and large windows optimize natural light. Willamette River view from inside and on covered balcony. Enjoy downtown!www.valleybrokers.com/648556bg #4-15

don’t miss it!Six-bedroom, single level home in quiet neighborhood. Wheel chair ramp to front door, all Pergo or vinyl floors. 5-year new roof, heat pump with air conditioner. Clean, updated, vinyl windows. This is a deal! Don’t miss it.

www.valleybrokers.com/652613bg #4-14

$155,000 Corvallis

just minutes FRom eveRYtHingClose to hiking trails in McDonald Forest and Adair County Park. Well built 4 bedroom, 2 bath home has ¼ acre to garden and play. Easy care laminate floors throughout. Indoor laundry next to kitchen. Back yard has a deck with hot tub, raised beds and play structure. Metal roof. Garage converted to family room.www.valleybrokers.com/643465bg #4-3

$237,500 Corvallis

camPus close, single levelBuilt in 1997 on a corner lot with 3 bedroom, 2 bath and 9’+ ceilings throughout home. Many upgrades added to floor plan. Open living/dining combo. Large kitchen and laundry/mud room. Work bench in 2 car attached garage. Grocery store and free bus system are less than .5 mile away.www.valleybrokers.com/652897bg #4-16

www.valleybrokers.com

$175,000 Corvallis

cottage stYle livingTuscan colors greet you and you’ll love the open high ceilings and hardwood floors. French doors open to the MBR off the central living area. Wood lined walls and skylight offer a sauna-like feel in the 1st bath. Step outside onto the paver patio underneath a wysteria pergola leading to raised herb & flower gardens.www.valleybrokers.com/653511bg #4-6

under contract

under contract

$265,000 Corvallis

BeautiFullY uPdatedCute NW area, ranch style single level. New exterior paint, gutters, underground sprinklers, and landscaping outside. Inside updates include: 2 skylights in living room, remodeled full and ½ bath, French doors and sun-tunnels in family room. Beautiful hardwood Red Oak floors and heated bathroom floor.www.valleybrokers.com/653635bg #4-17

$249,000 Corvallis

excellentlY maintainedUpgraded townhouse across from swimming pool. Lower level master bedroom suite and 2nd upper level MBR suite with deck and jetted tub. Heat pump, GFA furnace, gas log fireplace in living room, private back deck next to stream, recent floor coverings, covered and locked storage in carport and much more.www.valleybrokers.com/647796bg #4-18

$169,900 Philomath

looking FoR it all?Find it here! Shop, view, location and the ability to transform into “yours”, all on one property! Located in a great rural setting, this 1.17 acres offers newer 2 bedroom home in need of some TLC. Vaulted ceilings, hardwood floors, ample storage and seasonal creek make this a perfect home setting.www.valleybrokers.com/648841bg #4-10

$225,000 Corvallis

gReat staRteR oR invesmentClose to HP and nearby bus stop makes for an easy commute to OSU. Single level home with vaulted ceilings, open floor plan and brand new roof. Good sized back yard, fully fenced, mature landscaping, deck, patio, and view to northwest hills. Located on quiet cul-de-sac and close to parks for easy living.www.valleybrokers.com/650655bg #4-13

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©2012 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity . Each office is independently owned and operated. Information deemed reliable but not guaranteed.

Corvallis and Surrounding Area$285,000 Corvallis

mid-centuRY BeautY3 bedroom, 2.5 bath single owner home with large family room. 1968 SF on easy single level. Fireplace in living room, hardwood floors, indoor laundry and more. Cedar siding. Close to schools, shopping, Boys and Girls Club, bike routes and bus line. Walk score of 75.

www.valleybrokers.com/653528bg #5-1

$311,000 Corvallis

one-oF-a-kind RetReatArtist retreat in secluded Oak Creek. 1 bedroom, 1 bath contemporary style home built in 1991 by local builder Russ Peterson on 5 acres with seasonal creek. Hardwood floors, skylights, gas fireplace, cedar siding. Detached 31 x 39 shop-garage with electricity and water. On private well and septic.www.valleybrokers.com/651334bg #5-3

$364,500 Corvallis

one acRe oF tRanQuilitYThis peaceful setting among the trees invites you in. 3149 SF, 4 bedroom, 2 bath home with 2 dining areas, 29’ x 22’ family room and more. Air conditioning, large deck, mature shrubs and trees plus a chain-link fence and additional parking. 28’ x 22’ garage.

www.valleybrokers.com/645692bg #5-7

$649,000 Corvallis

sPaciousness & eleganceSpacious home in Walnut Park with soaring ceilings, huge kitchen, family room and so much light through big windows! 4 BRs & MBR suite on the 2nd floor, office on the 1st floor. Wood floors, marble tiled entrance hall & great details throughout. Flat, fenced & private back yard w/new deck. Brand new siding and exterior paint.www.valleybrokers.com/652502bg #5-14

$315,000 Corvallis

ReadY FoR YouSingle story home still under construction. Featuring 3 bedrooms, 2 baths, 1811 SF. Great room style offers a spacious feeling. Standard construction features include: vinyl windows, a garage door opener, 50-year Hardi-plank siding, cedar deck, gas water heater and more. Now is the time to customize!www.valleybrokers.com/652354bg #5-4

$299,000 Philomath

seRenitY is YouRsSpacious home on 2 acres. Built in 2000, this home has 4 large bedrooms with downstairs master bedroom. Kitchen with breakfast bar and adjacent dining area. Indoor laundry room, deck, attached two car garage. The front porch beckons you to sit and relax. Both Philomath and Corvallis school districts.www.valleybrokers.com/654032bg #5-2

$319,900 Philomath

incRediBle view PRoPeRtYUnobstructed view of Marys Peak. Main-level master, vaulted ceilings in living area, cathedral windows framing sunset views over coast range. Home in immaculate condition, updated kitchen, additional bedrooms and family room in lower level. Expansive decking, level backyard and fruit trees.www.valleybrokers.com/653523bg #5-5

$369,900 Corvallis

Home FoR all seasonsSingle level 3 bedroom, 2 bath home with 2 car garage to be built according to “Oregon High Performance Home” specifications. Includes solar hot water heater with “Marathon” hot water heater back-up. High efficiency air-source heat pump for heating/cooling. American Disability Act compliant.www.valleybrokers.com/648159bg #5-8

$389,900 Corvallis $415,000 Corvallis

mid centuRY cHaRmLocated on .48 acres in an established neighborhood. Beautiful views; updated kitchen and master bath; beautiful hardwood flooring. Lower level bonus; tons of storage and workbench area. Fantastic yard with mature landscaping, patio, garden possibilities, room to play, tree house and more. 3 BR, 2 BA, 2020 SF.www.valleybrokers.com/653267bg #5-11

look no moRe!Single level 3 bedroom, 2 bath new construction to be built to Oregon High Performance Home Specifications. Solar hot water system with Marathon back-up, high efficiency air source heat pump. Wired for solar electric system. Close to 30 acre city park.

www.valleybrokers.com/648154bg #5-10

Coldwell banker valley brokers is excited and proud to introduce Ellen Krause to our excellent team of brokers. Ellen is passionate about helping customers find their dream home. She brings great enthusiasm,

vision and excellent listening skills and has an eye for attention to details; all of which will help you to make your buying and selling process seamless. Her background includes twenty years of owning and running a successful business where she provided excellent customer service which she carries into her new career. Ellen Kraus

541-224-3590

Corvallis Office Welcomes Ellen Kraus

$337,500 Corvallis

sPacious and BRigHtVaulted living room. Spacious kitchen and formal dining provide plenty of space for family and friends. Large main level master has attached bath and walk-in closet. Lower level family room, 4th BR and full bath allows for dual living. Fenced with decks, patios, raised beds, RV parking and more. 4 BR, 3 BA, 2663± SF.www.valleybrokers.com/649474bg #5-6

under contract

under contract

$374,900 Corvallis

Fantastic locationOnly about 1 mile from OSU and close to the Co-op and Sam’s Station. Main level master. Recently updated windows, deck and kitchen updates. Gas fireplace in lower level family room. Newer flooring in the living room and kitchen. Large fenced yard (.37 acre lot) with paved side access. 5 BR, 2 BA, 2754± SF.www.valleybrokers.com/646710bg #5-9

$599,900 Corvallis

Big & eneRgY eFFicient5 bedroom, 3.5 bath with family room, media room, wet bar, library, great kitchen, master suite. Approx. 4,030 SF. Super efficient ground-source heat pump for heating and cooling. Pre-plumbed for solar hot water heater. Landscaped with automatic irrigation. Close to 30-acre MLK City Park.www.valleybrokers.com/644738bg #5-12

We never stop moving.®

$1,475,000 Corvallis

an encHanting liFestYle awaitsThis amazing estate is more than just a home...it is a magical place designed to be shared with family and friends. Private, serene and resort like setting encompasses the gorgeous main house, romantic gazebo, heated salt water pool and playful pool house, and a Harvest House overlooking lavender fields.www.valleybrokers.com/644790bg #5-15

Ellen enjoys gardening, traveling, hiking, tennis and spending time with family and friends. She lives in Corvallis with her husband, daughter and two dogs. She sees life as an adventure to be fully explored and enjoyed .

Call Ellen at 541-224-3590 or email her at [email protected].

$209,900 Corvallis

close to osu and sHoPPing This 3 BR, 2.5 BA home was built in 2006 w/1488 SF. Lower living area with vaulted ceilings & tall windows for light. The main level is an open floor plan of the family room, dining room w/gas fireplace & kitchen. The private deck faces the community courtyard w/room for a BBQ. Low maintenance for a busy lifestyle.

#5-13

new listing!QR code

not availaBle

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©2012 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity . Each office is independently owned and operated. Information deemed reliable but not guaranteed.

$188,000 Lebanon $195,000 Albany

investment oPPoRtunitY!Large 2 bedroom, 1.5 bath townhouse units with great rental history. This 4-plex is centrally located in Lebanon. Call listing broker for more details. Don’t miss out on this special market and great interest rates. Make an offer today!

www.valleybrokers.com/650215bg #6-11

well maintained duPlexLocated in South Albany neighborhood. Each side is approx 1,060 SF. Each unit has 3 bedrooms and a single car garage. One unit has new carpet, other unit has long term 10+ year renter. Inspections and viewing upon acceptance of offer.

www.valleybrokers.com/646690bg #6-12

$132,500 Albany

two FoR one1164 SF, 3 BR, 2 BA home with a vaulted “Great Room” floor plan. Kitchen with eating counter and dining area. Lots of light washes in the many large windows. French doors lead you out to the large wrap-around deck. PLUS a 384 SF RENTAL cottage. Overlooks neighborhood park.

www.valleybrokers.com/639834bg #6-10

$259,000 Philomath

BeautiFul investment PRoPeRtY3 bedrooms, 2 baths and 1245 SF on each side. Open floor plan with vaulted ceiling, master bedroom with walk-in closet and bath. Air conditioning, fifty gallon water heater, fenced yard. Rents for $900 on each side.

www.valleybrokers.ccom/654146bg #6-13

Multi Family

Lebanon and Surrounding Area$78,500 Lebanon

BeautiFullY maintained Home1512 SF home on its own lot. Big, bright kitchen w/island & breakfast nook area, loads of windows & vaulted ceilings, & MBR with walk-in closet and separate bath. Built in 2003 w/3 BR, 2 BA, both family & living rooms, & a heatpump with CAC. Low maintenance lot with large storage shed and covered parking.www.valleybrokers.com/651623bg #6-1

$131,000 Lebanon

sPacious Home2 story, 3 bedroom, 2.5 bath in newer subdivision. Conveniently located for easy access to Albany and I-5. Mature landscaping and open living with slider to big back yard for entertaining or gardening. Gated RV area, finished garage and central air conditioning to cool you during the hot summer months. Turn-key!www.valleybrokers.com/653803bg #6-4

$167,000 Lebanon

just outside citY limitsSolid 3 bedroom with outbuilding and large carport for RV sits on a .93 acre lot that backs up to a canal. Fireplace with gas insert in living room. Needs some TLC but has great potential.

www.valleybrokers.com/646971bg #6-7

$275,650 Lebanon

HoBBYist dReam Home! 2455 SF, 4 bedroom, 2.5 bath, on 2 tax lots. Well maintained. Has original hardwood floors, coved ceilings, built-in display cases, brick FP in living and family rooms and more. Updates include electrical, hot water heater and furnace. 3 car garage w/bathroom and workshop. Landscaped with room for a garden.www.valleybrokers.com/651974bg #6-9

$94,495 Lebanon

RaRe Find!Gorgeous views from your back yard deck! Single level offers so much potential to its new owner. Includes some new and newer updates. Located in the country only 7 miles from town and ½ mile to the beautiful Mallard Creek Golf Course. Barn/shop and fruit trees in the back yard.www.valleybrokers.com/647355bg #6-2

$134,900 Lebanon

You Have Found it!Cozy home close to all the conveniences of town. Located on large residential lot, this 3 bedroom, 2 bath home offers living room w/fireplace, updated kitchen, inside utility, spacious bedrooms converted garage bonus room, brand new roof and more! Covered back patio, shed, raised garden beds and fenced backyard.www.valleybrokers.com/653362bg #6-5

$174,000 Lebanon

Room to stRetcH2138 SF home located on the North end of town. 4 bedroom, 2 bath with inside utility and office. Spacious rooms, tons of storage, stone FP in living room, fabulous kitchen with tons of cabinets. Large fenced back yard and partially covered cc patio ready for your hot tub. Room for your RV/boat/car.www.valleybrokers.com/653758bg #6-8

$280,000 Philomath $290,000 Corvallis

RaRe investment oPPoRtunitYThis is your chance! Duplex built in 2005 with 3 bedroom, 2.5 baths on both sides. Well maintained with great rental history and long term tenants. Each side is fenced and landscaped. Close to schools, public transportation, shopping, and restaurants. Equity building opportunity – live on one side, rent the other!www.valleybrokers.com/650065bg #6-14

cHaRming HomeTurn-of-the-century home w/2 units – main level w/1 BR, 1 BA, large living & dining area, original woodwork, FP & 1005 SF. Upper unit has 2 BRs, 1 BA. 982 SF, view, updated paint & floor coverings. Main level rents for $675, upper unit rents for $800. Close to OSU, Benton Center, shopping & bus lines. www.valleybrokers.com/654245bg #6-15

I am so excited to let you know of my new career. I’ve recently joined the team of Coldwell Banker Valley Brokers in Lebanon as a broker. I’m happy to finally be living out my dream of helping those who are looking to buy or sell a home.

I feel my years of experience in the retail business with

great customer service, along with my love of homes, will be a great combination for success. I have lived in the Lebanon area for 25 years and have raised two wonderful sons. I’ve met a wide variety of people throughout this friendly community and that is why I’m proud to call this area my home.

The training and support provided by my Coldwell Banker team has helped me gain the knowledge and tools necessary for providing the service my clients deserve. My honesty, integrity along with my friendliness and good sense of humor, I feel will serve me well. I will make it my

Brenda Jo Clark541-405-1934

Lebanon Office Welcomes Brenda Jo Clark

pending

pending

$114,900 Lebanon

just outside oF townGreat location just right outside of town. This 3 bedroom, 2 bath home has a mix of beautiful hardwood floors, tile floors and carpet, custom alder cabinets in the kitchen, and a family room that could be easily converted to a master suite.

www.valleybrokers.com/649205bg #6-3

$149,900 Lebanon

enjoY a PaRk-like settingPrivate, secluded residence amongst mature timber on 5.47 acres in desirable Lacomb! Nice large 24x36 shop with lots of room for your vehicles or projects. Older manufactured home has 2 bedrooms and a single bath. Beautiful property offers trails for your enjoyment.

www.valleybrokers.com/649533bg #6-6

personal goal to go out of my way to have happy, satisfied clients. After all, working with people and making them happy is what makes me happy.

If you or anyone you know is thinking of buying or selling a home, please give me a call.

Sincerely, Brenda Jo Clark, Broker

PS: “FYI” now is a great time to buy a home. The interest rates are at a record low and the market has many affordable homes to choose from. So stop by and see me. Let’s talk!

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©2012 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity . Each office is independently owned and operated. Information deemed reliable but not guaranteed.

Out of Area$59,000 Sweet Home

newlY uPdatedNew T-1 11 siding on back of home, updated vinyl windows and fresh inside and out. New carpeting, vinyl, shower and toilet, kitchen sink, new metal roof. Close to Historical Bridge, Ames Creek, next door to Jamboree site. 4x8 covered front porch. Storage shed. Bring a reasonable offer!www.valleybrokers.com/649338bg #7-1

$99,500 Brownsville

Fantastic locationIn-town and the last house on a dead end street with over ½ acre of land. Close to the river, so no close neighbors. Remodeled home features tile counters, new laminate and tile floors, fresh paint, new deck, some new vinyl windows and more.

www.valleybrokers.com/652460bg #7-2

$105,000 Monroe

imagine tHe PossiBilitiesAlmost an acre (.71) with over 200 feet of east-facing river frontage. Tons of potential in this secluded little fixer located mid-way between Corvallis & Eugene. A-frame shop, large storage shed, smokehouse, Rhodies, Japanese Maples, and more. County assessed at $176K. Such a deal! And it won’t last long at this price!www.valleybrokers.com/645740bg #7-4

$119,900 Brownsville

cHaRming HomeOlder home on huge lot. Additional buildable lot available. New vinyl windows throughout. Large single garage with single carport. Numerous outbuildings and fruit trees. Call broker for more information on this great investment.

www.valleybrokers.com/653618bg #7-5

$149,900 Brownsville

Room FoR Rv PaRkingLocated on a cul-de-sac, this 3 bedroom, 2.5 bath home has fenced yard, master suite with large walk-in closet, bonus room upstairs that would make a nice family room, office, playroom or whatever you can imagine.

www.valleybrokers.com/651485bg #7-7

$175,000 Bend

Bend BeautYCentral Oregon beckons you to this beautiful Terango Glen home. The fabulous floor plan features a huge master suite on the main floor, 2 bedrooms and a family room upstairs, central air and both a covered front porch and a spacious deck in the large, lovely, fenced back yard.www.valleybrokers.com/644265bg #7-8

$275,000 Alsea

secluded RiveR FRont setting2130 SF manufactured home with 3 bedrooms, 2 baths, great room, breakfast nook, formal dining and living rooms, office/den/nursery off master bedroom suite, propane cook top range and hot water heater, and a 10KW generator. 2 car carport, garage/shop, community water supply and more.www.valleybrokers.com/653420bg #7-10

$320,000 Monroe

lovelY countRY Home3.21 acres with a sweeping view. 3 bedroom, 2.5 bath well-built home has been remodeled with Pergo floors, new cabinets, bathrooms, doors and more. Den, formal dining, family room and an abundance of storage. Barn, shop, chicken coop. Garden with berries and fruit trees. 3,000 gal water storage tank.www.valleybrokers.com/648875bg #7-11

$105,000 Brownsville

HistoRic BRownsville HomeLots of room in this 4 bedroom home built in 1917 on .36 acres. Detached double car garage with large shop area. Needs TLC. Old pier foundation will need creative financing or cash purchase; possible LSC with 50% down.

www.valleybrokers.com/653223bg #7-3

$159,900 Brownsville

lovelY neweR HomeIn picturesque Brownville. 3 bedroom, 2.5 bath home has a lovely front yard with extensive block work to welcome your guests to the large covered front porch. Beautiful open gourmet kitchen, wonderful oak floors throughout and much more. The covered back porch makes this house a delight.www.valleybrokers.com/650422bg #7-6

$189,000 Monroe

secluded Home witH studio3 bedroom, 2 bath, 1170 SF home built in 1952 with double pane windows, vaulted ceiling in living room, recessed lighting, formal dining area. 730 SF studio has hardwood floors, skylights, deck with Koi pond and heat pump. Both have metal roofs. Almost 1/3 acre to garden and relax in!www.valleybrokers.com/640239bg #7-9

$424,900 Newport

waves RusHing in…and sand between your toes! Yes–Oregon Coast property to relax and enjoy. 2 bedroom, 3 bath home featuring 2 dining areas and large living and family rooms. Wrap-around deck, single garage, large back yard with RV parking area. Great for personal or vacation rental use!www.valleybrokers.com/645108bg #7-12

Lot for SALEThis lot is located in a secluded neighborhood at the East end of Sweet Home on a quiet street with no egress. Newer construction on several lots adjacent to this property. This corner lot has views of mature forests. $19,500. Sweet Homewww.valleybrokers.com/650285bg #7-14

A rArE fiNdOff-the-grid 40 acre property near Hart Mountain National Wildlife Refuge approximately 1 hour west of French Glen, Oregon. Enjoy nature’s bounty at its finest. A peaceful getaway all your own with bountiful wildlife, vast vistas, gorgeous scenic wonders and beauty. $35,000. French Glenwww.valleybrokers.com/643671bg #7-15

rESidENtiAL BuiLdiNg LotNorth Albany lot off of Springhill Road. Two tax lots, currently does not have septic tank or building approval. Property is in flood zone. Water rights for existing well is for neighboring homes. $40,000. North Albanywww.valleybrokers.com/645107bg #7-16

ViEw Lot iN NortH ALBANyThis is an amazing opportunity to own one of the finest view lots in this beautiful neighborhood of custom homes! One of the first lots to be reserved in the upscale neighborhood. Owner to consider terms. $67,500. North Albanywww.valleybrokers.com/643570bg #7-17

SEt uP your NEw HoME!Set up your new MFG home on this 50x110’ Pad-Ready in-town lot with country feel. (.13) acre city lot. Enjoy a rural life in this nice neighborhood on the West side of downtown Monroe. Easy access to 99W; North to Corvallis (OSU) and South to Junction City or Eugene (U of O). $68,775. Monroewww.valleybrokers.com/648552bg #7-18

PiCK your Lot!22 building lots in North Albany. $85,000/each lot. These lots are ready to build. Choose your builder or pick ours! Seller will consider terms! Great area of new homes! $85,000 each. Albanywww.valleybrokers.com/646805bg #7-19

BriNg your BuiLdErRetreat to the woods outside Philomath. This turn-key buildable parcel is nestled in a wooded, remote setting. It has two wells (6.3 & 6.6 gal/min) w/ purity and flow test results; septic system installed. Enjoy the peace the quiet of the woods close-in. The timber is marketable 2nd growth, (cruising records exist) but may be worth more standing. $64,000. Philomathwww.valleybrokers.com/649660bg #7-20

Lots and AcreageBuiLd AN orEgoN drEAM

Explore this 2.78 acre building site, which is ready for your vision. Am10 gal/min well + 1500 gal/ septic, drain field are already installed. Private drive is established and a 1974 MFG home establishes a building location. It will be removed before closing, but it now assists in visualizing the new build location. $69,000. Philomathwww.valleybrokers.com/649654bg #7-21

grEAt ViEwS of fArM & CoASt rANgEOne plus acres approximately 215’ x 250’ well suited for a daylight basement home design. A portion of this lot is in the flood plain, great for gardening. Buyer check for possible building sites and setbacks. Well and septic system installed.$110,000. Albanywww.valleybrokers.com/650266bg #7-22

oVErSizEd Lot(.30) Of an acre in prestigious well-sought and established neighborhood in NW Corvallis. Short distance to MLK park. Last 1 of 2 lots in entire subdivision. Motivated seller! BRING AN OFFER! $119,000. Corvalliswww.valleybrokers.com/651658bg #7-23

PANorAMiC MouNtAiN ViEw LotBuild your dream home in the hills on a 2.14 acre lot. Enjoy a panoramic view of Marys Peak with sunny open south facing homesite. Fully equipped with 15 gal/min. shared well; water flow and purity tests on file along with approved septic. Bring your own builder or we will find one for you. Short commute, just 15 minutes from Corvallis. $129,000. Philomathwww.valleybrokers.com/651372bg #7-24

BuiLd your drEAMSRural five acre parcel with timber for privacy. Country setting surrounded with valley views. Septic on property per seller. Buyer to exercise due diligence.$169,900. Lebanonwww.valleybrokers.com/624342bg #7-25

oCEAN ViEw LotRare opportunity in the desirable Pacific Palisades community at Lincoln Beach. Almost ocean front, tucked behind “Fishing Rock” with a northerly ocean view. GEO report and Survey done. Utilities at street. Private community access or nature trail direct from lot to miles of sandy beach. Centrally located between Lincoln City and Newport. $190,000. Gleneden Beachwww.valleybrokers.com/644314bg #7-26

300+ ACrES of fArMLANdIrrigation rights in March 2012 from Long Tom River and Reservoir. Currently in grass seed. Frontage on Hwy 36. $999,000. Cheshirewww.valleybrokers.com/649383bg #7-27

$225,000 Sweet Home

on tHe edge oF townGorgeous mini-farm just on the edge of town. Wonderful 3 bedroom, 2 bath home located at the back of the property. Huge shop. Pasture well fenced and currently in hay production. Bonus – dividable property potential.

www.valleybrokers.com/654031bg #7-13

pending

pending

Corvallis offiCe – 541-757-0222albany offiCe – 541-928-6317

lebanon offiCe – 541-451-4513

Call today for additional information on any of

these properties.

We never stop moving.®

VALLEY BROKERS

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©2012 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity . Each office is independently owned and operated. Information deemed reliable but not guaranteed.

Rural Residential$56,850 Lebanon

awesome locationLarge nearly ½ acre lot just outside the city limits on a quiet dead end street. Has 1987 single wide home on well and septic for affordable living. Also has a small shop and excellent landscaping. Great place for a new home.

www.valleybrokers.com/653614bg #8-1

$124,900 Lebanon

BeautiFul viewEnjoy the beautiful view from the building site of your dream home and feed the Koi. Live in the manufactured home while waiting for your dream home to be built. 4 tax lots numbers: 707782/441044/771482/0748539.

www.valleybrokers.com/645316bg #8-2

$229,000 Albany

mini-FaRm oR gaRdeneR’s PaRadiseA 3.12 acre property with beautifully maintained garden areas, room for animals, ideal for a gentleman’s farm or occupational home business. The home is a well maintained 3 bedroom, 2 bath with large country kitchen and large laundry. 12’ x 16’ planting shed or workshop.www.valleybrokers.com/651448bg #8-4

$295,000 Blodget

PRivate 61 acResBack to nature with this very private 61 acres just off Highway 20, 16 miles west of Philomath. Large feeding barn with storage. Property ideal for timber with river running through property. Residence of little or no value.

www.valleybrokers.com/653862bg #8-5

$313,000 Lebanon

Handsome FaRm/RancH4.66 acres, close to town just off Rock Hill. Modern comforts, private setting, orchard, 58’x 66’ barn/shop (heated office, large vehicle bays, room for animal stalls, storage) plus acres of gated/fenced pastures. 1870 SF, single-level home with vaulted floor plan has 3 bedrooms, 2 baths plus an office.www.valleybrokers.com/651020bg #8-7

$329,000 Corvallis

come on HomeSunny single-level home on private, picturesque 1 acre setting in Mountain View. Upgrades include: Brian Egan kitchen, granite counters, custom cabinets, gas cook top, SS appliances, 50x18 private patio with lighting, H20 features, vinyl windows, gas furnace, central air conditioning, asphalt driveway and RV park.www.valleybrokers.com/652628bg #8-8

$179,900 Lebanon/waterloo

Home BuYeR ReadYWonderful triple-wide MFG home on .46 acres; a couple of blocks from Waterloo Park/Santaim River. Spacious rooms, Great Room with fireplace, formal dining, large kitchen and more. Huge double garage, room for your toys, large covered deck, new roof in ’05, water heater in ‘10.www.valleybrokers.com/649662bg #8-3

$309,900 Lebanon

gReat RuRal locationSecluded location yet close to town. This 2800+ SF single level home has an open floor plan with several updates, 5.31 acres, year around pond with fish, and a 48x50 machine shop. Schedule an appointment today!

www.valleybrokers.com/645205bg #8-6

$362,000 Albany

toP sPot on tHe HillThis exciting 4 bedroom, 2 bath home is only about a mile to Albany and it is in top condition. Double car garage and a double carport that could be enclosed. 6.44 acres presents a private location. Impeccable landscaping and a top-notch home.

www.valleybrokers.com/641138bg #8-9

neaBeack & sunRose lotsOne of several lots remaining in this up-scale hillside subdivision, just West of Corvallis with a Philomath address. Lots are listed for less than half of the county’s real market value of $95,500 each. To build on this lot you may “need to think outside the box”, but could end up in a great location. One lot has

foundation & backs ‘Open Space’. The 3 lots on Sunrose Court are being sold together for $65,000 and also back up to ‘Open Space’.

tuscanY estatesNewer Subdivision in North Albany

New construction starting at $169,900. Buyer can supply plan or choose from seller’s plans. If larger home is chosen, or more amenities requested, prices will change. Lots that are available provided on request. Builder/seller will

provide bids for your plans.

old cHuRcH Road estatesBuild Your Dream Home

Old Church Road Estates is a great opportunity in the Tangent area to build your dream house in a nice location with a little

bit of a country feel. Multiple lots to choose from between .24 acres and .31 acres. Lot prices are $65,000 each.

www.valleybrokers.com/646181bg

Subdivisions

SiMiLAr to SiMiLAr to

SiMiLAr to

SiMiLAr to

pending

pending

sold

sold

www. ValleyBrokers.com

Global Network

INNOVATION

LegacyWe never stop moving.

Page 9

©2012 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity . Each office is independently owned and operated. Information deemed reliable but not guaranteed.

www.valleybrokers.com

David Suprono, CCIMBroker Commercial Specialist541-760-5096 cell www.suprono.com

Brian OareBroker Commercial Specialist541-979-7508 valleybrokers.com/ bwoare

Rob RichardsBroker Commercial Specialist541-979-1521 cell valleybrokers.com/ rrichards

Commercial & Investment Properties

Investment$37,500 Sweet Home $150,000 Scio $274,000 Albany

$499,000 Albany $2,200,000 McMinnville

tRiPle net lease investmentTriple net lease investment with 10+ years remaining on lease. 5% escalators every 5 years. Long standing, experienced tenant with 33+ years in the Burger King franchise. Building completely remodeled in ‘05.

www.valleybrokers.com/652656bg #9-5

BeautiFullY uPdated8900 SF church building located in SW Albany on 4 lots. It has 2 sanctuaries, supporting offices, classrooms, kitchen, nurseries & bathrooms. Main auditorium, w/ lovely wooded arches, seats approx 230 & has balcony for sound & light control. The secondary auditorium seats apx 150. Original structure was built in 1947. www.valleybrokers.com/650435bg #9-4

gReat investment oPPoRtunitY! Put this property on your investor show list. Multi-tenant building, 4 units with 1,000± SF/each and a single-tenant building with 1,600± SF. Great location and exposure just off Highway 99E/Pacific Blvd, a main busy thoroughfare. Just reduced by $20,000.

www.valleybrokers.com/635556bg #9-3

imagine tHe PossiBilities!This schoolhouse built in 1920, has most recently been used as a church. Situated on the property is a manufactured home that has not been re-titled and is included in the sale. Located on 1.34 acre in rural area with many possibilities.

www.valleybrokers.com/650202bg #9-2

Focus on tHe PotentialCommercially zoned Main Street home in need of some TLC. Spacious rooms, open kitchen/dining area and second floor with private access not included in county square footage, home is located on nice size lot and has had updates of vinyl windows and some exterior siding.

www.valleybrokers.com/649088bg #9-1

Lease

LEASE Lebanon

gReat HigHwaY visiBilitY… and high traffic counts support this class A strip mall. Other tenants include Willamette Community Bank, State Farm Insurance and AmeriTitle. This lease includes all existing bakery equipment on site.

www.valleybrokers.com/652072bg #9-9

$700/month LEASE Albany

is tHis tHe answeR?This could be it! Downtown location across from City Hall. 2800 SF on 2 levels. Main level with reception area, 3 offices, workroom, kitchen and 2 half baths. Upstairs has open area, 3 offices and storage room, half bath and separate shower room. $700/month; 1st month rent and deposit to start, last month FREE!www.valleybrokers.com/653292bg #9-12

$1,590 LEASE Albany

lease sPace1445± SF lease space. Historic Downtown District (HD) Zoning – Mixed Use Village Center. Space occupies 1st floor corner of River View Apartments. Building built in 2009. Walls of windows allow for ample natural lighting. Open floor plan. Many uses (Some uses require site plan approval).www.valleybrokers.com/644827bg #9-13

LEASE Lebanon

ancHoR sPot availaBleSpace in small Class A strip mall. Tenants include AmeriTitle, State Farm Insurance, 4 Sisters Bakery and Willamette Community Bank. Great traffic count on a signaled corner at Main and Milton Street in Lebanon, Oregon. Build-to-suit, flexible size and configuration. Zoned Highway Commercial.www.valleybrokers.com/631942bg #9-8

$3,600 LEASE Albany

stReet level oFFiceOffice space located in downtown Albany’s Historic District. Over 8000 SF (2000 SF street level, 6000 SF upstairs). Large reception area, private offices, and conference rooms, elevator. Ample off-street parking. Directly across from Linn County Courthouse. Great location!www.valleybrokers.com/637882bg #9-14

LEASE Albany

gReat leasing oPPoRtunitYSituated within 15 minutes from Corvallis, and less than 5 minutes from Albany, this center serves the customers from both communities. Anchored by Ray’s Food Place and the Corvallis Clinic , other tenants include Starbucks, Subway, State Farm, and many others.

#9-6

LEASE Corvallis

2 excellent sitesLocated next to Home Depot and the US Forest Service. Available for build-to-suit, outright purchase or purchase as industrial condominium units. Contact listing broker for more details.

#9-7

LEASE .88/Sf Albany

HigH visiBilitYHighly visible office space located on Pacific Boulevard in Albany. 5 private offices plus reception area, great condition with plenty of parking. Contact listing broker for more details.

#9-10

LEASE .89/Sf Corvallis

gReat sPace FoR leaseExcellent retail or office space located on one of the busiest streets in Corvallis. Great visibility from Hwy 99W. Call listing broker for more details.

#9-11

Page 10

©2012 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity . Each office is independently owned and operated. Information deemed reliable but not guaranteed.

Commercial & Investment Properties

Land

$370,260 Albany

excellent Potential(.85 acre) development parcel on the corner of Highway 99W and 53rd S treet. Property is visible from highway with high traffic counts and is already supported with traffic signal. Multi-Use Commercial (MUC) Zoning allows for a wide variety of uses, including retail sales and or office.www.valleybrokers.com/646212bg #10-7

$270,000 Albany

commeRcial Building lotCommercial building lot zoned for commercial use! Over .75 acre with excellent visibility on Pacific Blvd. (Hwy 99). Large lot is adjacent to new medical building. Seller will consider sub-dividing. Listing agent related to seller.

www.valleybrokers.com/635911bg #10-4

$100,000 Albany

commeRcial BaRe landGreat location and high visibility for this .85/acre of commercial land. Located next to a strip mall, and across the street from large resale store. Zoning allows for a variety of business uses.

www.valleybrokers.com/642603bg #10-2

$718,740 Albany

develoPment PRoPeRtY6.6 acres of commercial development property located on 53rd Ave. near Hwy 99W. Property also borders only ingress and egress for Brookshore and Spring Meadow subdivisions (over 600 homes). Near LBCC, Hwy 34 and Tangent. Multi-Use Commercial (MUC) Zoning allows for a wide variety of uses.www.valleybrokers.com/646210bg #10-10

for Sale Corvallis

2 excellent sites availaBleLocated next to Home Depot and the US Forest Service. Available for build-to-suit, outright purchase or purchase as industrial condominium units. Contact listing broker for more details.

#10-1

$140,951 Albany

1.08 acResDevelopment property located on 53rd Street near Linn Benton Community College. The RM zoning will allow for multi-family or single family residential developments. Property borders only ingress and egress for Brookshore and Spring Meadow subdivisions (over 600 homes).www.valleybrokers.com/646209bg #10-3

$339,750 Albany

industRial acReage3 acres zoned General Industrial. Located in a major industrial district with easy transportation access to I-5 and good proximity to major employment centers, residential and retail areas. Ground prep complete, ready to pour. Utilities available at site. Possible build-to-suit. www.valleybrokers.com/649475bg #10-5

$525,000 North Albany

level land in noRtH alBanYApproximately 1 acre of land located in the heart of North Albany’s newest retail shopping area. Approved and designed for a drive-thru financial or retail business. Final partitioning to be done by closing.

www.valleybrokers.com/638567bg #10-8

$999,000 Cheshire

FaRmland FoR sale300+ acres of farmland. Irrigation rights in March 2012 from Long Tom River and Reservoir. Currently in grass seed. Frontage on Hwy 36.

www.valleybrokers.com/649383bg #10-11

$365,904 Albany

excellent develoPment PaRcel (.84 acre) parcel located on the corner of Highway 99W and 53rd St. Property is visible from highway with high traffic counts and is already supported with traffic signal. Multi Use Commercial (MUC) Zoning allows for a wide variety of uses, including retail sales and or office.

www.valleybrokers.com/646211bg #10-6

$600,000 North Albany

gReat Retail locationApprox. 1.16 acre of bare land approved and designed for a drive-thru financial or retail business. Located in the heart of North Albany’s newest retail center. High visibility area located on Hickory St. between North Albany Rd. and Springhill Rd. Final partitioning to be completed prior to close of escrow.www.valleybrokers.com/638608bg #10-9

$1,088,000 Albany

11.80 acRes oF landBare land zoned Rural Residential - Urban Conversion-RR-10-UC by the City of Millersburg. Zoning is applied in rural residential areas with standards for continued rural development until a transition to urban residential use occurs.

www.valleybrokers.com/624269bg #10-12

Office

$225,000 Albany

lease oR BuY3 story building on very high traffic thoroughfare with finished office space in good condition. 3 spaces, each with separate electrical service and HVAC. Main and daylight basement floors are connected by stairway. Each floor has separate bathrooms. Building also available for lease.www.valleybrokers.com/647154bg #10-16

$79,900 Lebanon

location, location, locationGreat space for office, retail, showroom, or commercial use in busy downtown area! Close to banks, shopping with high traffic exposure. Hwy 20 frontage with a total of 3 office or retail spaces.

www.valleybrokers.com/653733bg #10-13

$169,000 Albany

commeRcial Building FoR saleGreat location and exposure on a busy thoroughfare. 3,000± total SF of office/retail space. Building divided with separate space of 2,500 and 500± SF. Partial basement with overhead door great for storage. Zoned Mixed Use Village Center.

www.valleybrokers.com/634222bg #10-14

$139,900 Lebanon

veRY nice! Newly updated/remodeled building with open floor plan. Could be great for office spaces, showroom, retail, beauty salon/day spa and more. Updates include new paint inside and out, sheetrock, trim, epoxy floor, electrical, plumbing, bathroom, fixtures, newer furnace and more.www.valleybrokers.com/651212bg #10-15

$1,000,000 Albany

oFFice BuildingOver 8400 SF of space. Located in the heart of historic downtown Albany. Fantastic location across the street for the Linn County Courthouse. Ample off-street parking. Two stories of office space with one elevator. Owner-carry financing available. Great investment opportunity!www.valleybrokers.com/638787bg #10-17

Page 11

Call Today and Ask About Our Amazing

Property Management Rates!

VALLEY BROKERSProPerty ManageMent

Please contact our manager/broker

Kari King, Property Manager541.257.3459 Po box 1943

Corvallis, or 97339 propertymanager@ valleybrokers.com

www.ValleyBrokersPropertyManagement.com

Did you spend hours pulling together information on your rentals for taxes this year? Next year you would receive a

complete print out of you expenses and income, ready to take to your tax preparer if we are managing your rentals.

Did you get a call from a tenant needing an emergency repair just as you were leaving town on your vacation? Let us take

care of that for you when your properties are managed by us.

Did you misplace that rent check and miss the deposit you needed to cover your mortgage payment? We arrange

electronic deposits to your bank. You'll never worry again about getting rent to the bank in time to cover the mortgage.

Did this Happen to you? We Can Help!Let us tell you all of the reasons it makes sense to place

your rental properties under professional and experienced property management care. Ask about our discount if multiple properties are placed under management at the same time.

We can help!Call Coldwell Banker Valley Brokers Property Management and ask for Kari at 541-257-3459.

©2012 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity . Each office is independently owned and operated. Information deemed reliable but not guaranteed.

2670 Linnan CircleCorvallis1423 SF

Fully furnishedSingle level

Includes utilitiesNo Pets

$2500/month4 Br, 1.5 BA

7000 2nd Streetturner1000 SF

Single garageW/D hook-up

DuplexConditional pet

$850/month2 Br, 2.5 BA

6298 grand oaks dr., g204Corvallis1108 SF

2 story condoWasher/Dryer

Jetted tubNo pets

$1400/month 3 Br, 2 BA

2221 11th StreetCorvallis1731 SF

Den/family roomFenced back yardCentral location

No pets

$1650/month3 Br, 2 BA

602 Nw 9th StreetCorvallis

982 SFOriginal woodwork

Upper floorCampus close

No pets

$800/month2 Br, 1 BA

4718 Sw roseberry StreetCorvallis1443 Sf

Double garageFenced back yard

W/D includedPet considered

132 Lyon Court SwAlbany1080 Sf

2 car carportLots of new

Month to monthNo pets

$950/month3 Br, 2 BA

$1600/month3 Br, 2 BA

Residential

829 Nw 29th StreetCorvallis

840 SFUpdated kitchenW/D hook-ups2 parking spots

No pets

$900/month2 Br, 1 BA

1810 Nw Circle BlvdCorvallis

912 SFHardwood floors

FireplaceDouble garage

Fenced back yard

$1200/month3 Br, 1 BA

1925 Nw ShattockCorvallis1888 SF

Lots of newHardwood flooring

FireplaceBeautiful landscape

1672 Country Club dr.Corvallis1040 SF

TownhomeSingle car garage

Eat-in kitchenNo pets

$1300/month3 Br, 1.5 BA

596 Cameron St NEAlbany1238 SF

Open livingExtra room

Fenced back yard2 car garage

$1175/month3 Br, 2 BA

2225 Pacific Blvd. – 209BAlbany438 SF

JanitorialUtilities

Pacific Blvd signage

$657/monthoffice Space

2225 Pacific Blvd. – 207Albany222 SF

RestroomsElevatorParking

$350/monthoffice Space

Commercial

1235 Main StreetSweet HomeHigh visibilityWaiting room

Garage w/opener

$450/monthretail/office Space

app pending$2200/month

4 Br, 2 BA

In most cases, moving means selling one's home. After all, it's usually a necessary step in affording a new home.But for various reasons some people choose to rent out their homes instead. Whatever the reason, it's important to have a healthy grasp of the financial issues at play when weighing this decision. Here's what you need to consider.

tHE tAx iSSuES wHEN you SELLAs you probably know, Uncle Sam provides a generous tax break for those who've lived in their home for at least two of the past five years.

tHE tAx iSSuES wHEN you rENt outBecoming a landlord also offers some handsome tax perks. While rental income is taxed as ordinary income, your tax bill could easily be eliminated thanks to the numerous deductions on expenses and depreciation. There is, however, one major exception: If you eventually sell the house and qualify for the capital-gains tax exemption, you'll be taxed on the amount you depreciate, which could make renting out your home considerably less attractive.

Should You Rent Out Your House Or Sell It? SmartMoney.com June 2012

CAN you Afford to rENt?For many homeowners, renting out a home is simply not a viable option; they need to sell in order to raise the capital necessary to buy their next home. And owning two homes requires deep cash reserves. Consider, for example, that there may be periods in which you have no renter or when a tenant may skip one or two months of rent. You have to figure out whether you will be able to make mortgage payments anyway.There's also the risk that a tenant could damage your property or cause problems that lead to an expensive eviction process. Frighteningly, an eviction could cost you several thousands of dollars, or more, and could last as long as 18 months, during which time the tenant is likely to refuse to pay rent. So you need to be financially prepared for the worst.Is the House Likely to Appreciate?If you expect prices in your area to soar markedly over a three-year time span, you may want to rent it out. Historically speaking, real estate tends to appreciate at the rate of inflation (roughly 3% annually), so even when

property values are in an upswing, that doesn't mean they'll continue to be.Look at the house as an investment, and think of it as part of your overall portfolio. If the majority of your net worth would be tied up in your two houses, you need more diversification, and you could be better off selling the house and investing the profit.Is It a Hot Rental Market or a Hot Sales Market?Sometimes the market is better for sellers than for landlords. Call your local board of Realtors or a real estate agent and have them appraise the house. Generally speaking, it will make sense to rent the house out only if it's in a relatively stable market and the income from rent will cover your mortgage and other related expenses.Do You Ever Plan to Come Back to the Same Area?If you want to return to the same area years from now, you could be priced out of the market if you sell your house. It would therefore make sense to rent it out. Strangers in Your HomeConsider how comfortable you are with tenants living in your home. If you set out to rent it, you must be prepared to handle the process in a businesslike manner.

ArE you Cut out to BE A LANdLord?Becoming a landlord isn't for the faint of heart. Being an absentee landlord is impossibly difficult unless you have someone to oversee the property. If you're willing to part with 10% of the monthly rent, you could hire a property-management company to do it. Should you decide to seek the services of a management company, go through your local chapter of the National Association for Residential Property Managers, which represents managers of single-family homes, or through your state's or city's apartment owners association if you own an apartment.

Renting out

Pros Keep property as it appreciates

Tax-breaks could offset income tax on rent

Rent income covers mortgage, taxes and insurance payments

selling

consPossible damages to property

Could be taxed on the whole profit if you sell

Potential legal or financial problems with tenants

Pros Likely tax-free capital gain Frees up equity that could be invested or rolled into new homeSimplicity: Only one house to maintain

cons Could be priced out of market if you want to returnLose potential property appreciationCould have to sell at a bad time for estate market in your area

Page 12

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©2012 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity . Each office is independently owned and operated. Information deemed reliable but not guaranteed.

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541-905-5156

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Broker541-257-3429

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you may not think about it, but now is a great time to start a career in real estate. now, more than ever, home buyers and sellers need a Trusted Advisor for real estate and the Mid-Willamette valley area is one of the strongest real estate markets in the country.

We invite you to learn more about the company that’s consistently one of the top real estate brokerages in the Mid-Willamette valley. We take steps to ensure our associates succeed, providing the very best in advanced technology, training, marketing and advertising.

if you have ever wondered how successful you could be as a real estate broker, then join us for our Career Night on July 25th, 2012 at 6:00 PM at Coldwell banker valley brokers’; 1109 nW 9th St, Corvallis. RSVP for your seat at [email protected]

Start a New Career While You Keep Your Current Job!