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By Joseph Barnett

Discover Nevada City, Grass Valley and Penn Valley

From the rim of the Sacramento Valley to the crest of the Sierra Nevada, this is Nevada County, a land of blue skies, sparking rivers, thick forests, and golden opportunity.

Discover this special place on earth where friendly locals preserve rich historical traditions, a deep sense of community and a bounteous outdoor environment.

Explore the colorful streets and shops of Nevada City, Grass Valley and Penn Valley, two of California's most interesting Gold Rush towns.

South Fork of the Yuba River. By Phillip Brown.

All across Nevada County, visitors will find unique specialty shops, first-call award-winning restaurants, and a range of lodging from historic hotels to Victorian bed and breakfast inns.

Like small population centers throughout the country, western Nevada County is working on keeping jobs and attracting new jobs.

The area is fortunate to have a tech company history that dates to the 1950s. It began when Charles Litton, Sr. located his company, Litton Engineering Laboratories, in Grass Valley. He then convinced his friend, Dr. D.G.C. Hare to make the move in 1958. Dr. Hare formed Grass Valley Group (GVG), and the company became an important supplier of electronic equipment for the television broadcast industry.

A network of smaller high tech companies located in western Nevada County have direct connections to GVG. Former employees have formed at least seven companies involved in such areas as high definition television. Others have been responsible for local 'branches' of out of town companies such as National Semiconductor. All have helped form a highly skilled workforce.

Western Nevada County is also home to a diverse group of companies involved in manufacturing everything from furniture to motorcycle parts to precision glass products, electro mechanical devices, heating elements, glass blowing equipment, slot machines and kites.

Choosing a new home is a very personal thing. Those considering a move to Nevada County will find that the area has a selection of styles and locations to fit every taste.

Bourne Cottage and Fountain.

Prospective buyers will find everything from vintage miner's cottages to estates with panoramic views. There are Victorians, bungalows, the ultra modern and farm houses, golf communities, equestrian property, and ranches. One can live in town, out in the country, perched on a mountain, or by a lake. And for those who want low maintenance, there are mobile homes and condominiums.

Nevada County has everything!

Some facts about Nevada County:

• Population: 90,600
• Projected Median Age, 2001: 43.8
• Projected Median Population by Age, 2001: Largest Group 45-64, 29%
• Projected Median Household Income, 2001: $32,006
• Projected Average Household Income, 2001: $39,843

Distances to Grass Valley:

• Sacramento- 60 miles
• San Francisco- 157 miles
• Reno- 91 miles
• Los Angeles- 448 miles

Terrain: Rugged mountains to grassy valleys

About Western Nevada County:

Getting There: Accessible by I-80, Hwy 49 at Auburn or take I-80 to Hwy 174 outside Colfax. Coming west from Reno, take I-80 to Hwy 20. Three hours from San Francisco, 1 hour from Sacramento, and 1.5 hours from Reno.

Elevation: Average 2,500 feet

Climate: Seasonal- warm, dry summers. Rainy season November to April. Temperature range from high-30s in winter to low 90s in summer.

Population Centers:

• Grass Valley- 9,500
• Nevada City- 2,938

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First Time Buyers >Your Principal Residence The Federal Tax Code allows married taxpayers to exclude from capital gains taxes up to $500,000 in profits from selling a home (singles can exclude $250,000). In order to qualify for this exemption, you must prove that that the home has been your principal residence for at least two out of the last five years. The establishment of the home as a principal residence depends on the facts of each homeowner's circumstance. Here are two cases to consider. Homeowner A has lived at 25 Pine Drive for 12 years. Although he stays at his vacation cottage in another town for up to three months out of each year (sometimes more), 25 Pine Drive is his principal residence, where he lives most of the time. When he sells the home, Homeowner A (filing as a single individual) can keep up to $250,000 in tax-free profit. Homeowner B buys 108 Maple Street, intending to live there. He rents it out while waiting to sell his current home, where he has lived for six years. His principal residence sells at the end of two years. Homeowner B moves into his new house, lives there for three months, and then decides to travel. After a six-month trip, he regrets buying 108 Maple Street and sells it. Even though he has owned the house on Maple Street for over two years, it won't qualify as "owner-occupied", because he only lived in it for a few months. Thus Homeowner B is not eligible to claim the tax exemption when he sells the house on Maple Street. Consult your tax advisor for advice about your particular circumstance. See All Tips In The "First Time Buyers" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories >

Q  What amenity do 48% of all homes in the new housing market have? A  48% of all newly-constructed homes now have 2 1/2 baths or more, up from 1985 when only 29% had more than 2 baths. See More Real Estate Trivia >

Kurt Congdon Coldwell Banker Grass Roots Realty 855 Sutton Way Grass Valley, CA 95945 Toll Free: 800-471-4570 Office: 530-273-0073 Fax: 530-687-0309 Email: Kurt@KurtCongdon.com DISCOVER YOUR DREAMS in Nevada City real estate or Grass Valley real estate. Kurt will guide you through the process of understanding the purchasing of rural property such as Penn Valley land, Nevada City Acres & Grass Valley homes. His love and enthusiasm for Nevada City and Grass Valley are genuine. With over 10 years experience, and honors in the top 5% of all agents nationwide...Kurt will provide both exceptional personal service and HI-TECH communications. The Nevada County area offers extraordinary natural beauty, rare communities, arts, entertainment, and the highest quality of living. Let Kurt help you DISCOVER YOUR DREAMS in the Sierra Nevada Gold Country towns of Grass Valley, Nevada City and Penn Valley. DRE License #'s Kurt Congdon - 01076146, Jason Moore - 01391772, Pam Moore- 01876117, Cindy Argento - 01747092 www.isellnevadacity.com is brought to you by Kurt Congdon NUMBER1EXPERT™ for Nevada City Real Estate CA, Grass Valley Real Estate and Penn Valley Real Estate, California, Luxury & Estates, Waterfront & Horse Properties Read Kurt Congdon's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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