Friday, June 26, 2009

Wine Country in Napa County Real Estate

By Jonathon Hardcastle

Napa County is placed just north of the San Francisco Bay region in California. There you will discover some of the most stunning real estate on the planet. Napa County Real Estate was mainly farmlands that fashioned an assortment of diverse crops. Nowadays Napa County Real Estate is resident to a number of the finest vineyards on the globe.

Since the 1960's when the wind industry in Napa County surfaced as one of the first rank wine regions in the world the price of Napa County Real Estate has always offered a 100% return on its investment. That is good to know in the economic woes many are experiencing in today's market. There are 788 square miles of property in Napa County. About 754 square miles of that is land.

The wine industry in Napa County has blown up over the previous two centuries. At the conclusion of the 1800's there were no fewer than a hundred and forty wine manufacturing vineyards in the county. Four of the original wineries have been able to continue to exist and thrive in this heralded Napa County Real Estate area. They would be Shramsburg, Beringer, Charles Krug Winery and Chateau Montelena.

Napa County Real Estate took a beating as prohibition was imposed in 1920. With nobody to acquire their wine numerous wineries collapsed. It was not until after World War II that the wineries once again started to do well and manufacture at a new level. As the vineyards wealth raised, so did the cost of the counties real estate. The power of the grape made Napa County the place to be.

Things have transformed greatly since the pre-prohibition period. The Napa Valley Real Estate areas now pride themselves on having some three hundred wineries. The wineries present there manufacture an immense mixture of wines. For instance, there is Cabernet Sauvignon, 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 presents landowners in the state tax relief if they make use of their Napa County Real Estate for farming purposes. The landowners in Napa County took gain of this in order to protect land for wineries for age groups 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.

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