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Saturday, June 6, 2009

The Beauty that is Napa County Real Estate

By Jonathon Hardcastle

Napa County is located just north of the San Francisco Bay area in California. There you will find some of the most beautiful real estate on gods green earth. Napa County Real Estate used to be comprised of mostly farmlands that produced a variety of different crops. Today Napa County Real Estate is home to some of the best vineyards in the world.

From the time when the wind industry in Napa County came up, in the 1960's, as one of the first rank wine areas in the world. the cost of Napa County Real Estate has at all times presented a 100% return on its investment. That is excellent to recognize in the financial woes lots of people are experiencing in today's market. Of the 788 square miles of property in Napa County, about 754 square miles of that is land.

The wine industry in Napa County has exploded over the last two centuries. At the end of the 1800's there were no less than a hundred and forty wine producing vineyards in the county. Four of the original wineries have managed to survive and prosper in this heralded Napa County Real Estate region. They would be Shramsburg, Beringer, Charles Krug Winery and Chateau Montelena.

When prohibition was imposed in 1920, Napa County was really affected by it. With nobody to buy their wine, many wineries closed up. After World War ll, the wineries began to thrive and produce ay a new altitude. Since the vineyards flourished, the value of real estate did also. Napa County was the place to be, as the power of the grape, brushed across the county.

Since the pre-prohibition age, times have altered significantly. The Napa Valley Real Estate now consists of about 300 wineries. The wineries there put out a great diversity of wines. For instance there is Cabarnet Savignon, Merlot, Zinfandel and Chardonnay.

Millions of visitors from around the world visit Napa County wine country each year to taste the wine and explore the wineries. Whereas many other nearby counties have changed direction over the years and have allowed more and more land to be sold for commercial purposed; the Napa County Real Estate is has still managed to hold onto its agriculture roots.

The Williamson Act in California offers property owners in the state tax relief if they utilize their Napa County Real Estate for agricultural purposes. The landowners in Napa County took advantage of this in order to preserve land for wineries for generations to come.

It is accurate that the farming reserve has definitely broken up residential increase in Napa County Real Estate but new homes are still being constructed in the region of the preserves. There are prospects in Napa County Real Estate even in rough times. The $8,000 tax credit permitted by the new stimulus package has released the gates for a lot of buyers who were once renting. The position in Napa County could not be healthier. Lots of new homeowners will definitely agree. - 23212

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