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Tahoe Home Owners and Buyers–What is a BMP?

What does BMP stand for?

1) Build My Place,

2) Best Management Practice, or

3) Big Mike’s Pizza?

BMP is an acronym for “Best Management Practices”. In paradise-real-estate-bmpLake Tahoe, the Tahoe Regional Planning Agency (TRPA) requires all homes and businesses to install and maintain BMPs.

TRPA claims that implementing  BMPs on existing development is a critical step toward improving Lake Tahoe’s water quality and clarity. Not everyone agrees with this method of helping the environment but it is required.

How do BMPs affect the Lake Tahoe Homeowner?

They have been required by the TRPA for two decades yet less than 50% of the homeowners have complied. A typical BMP installation includes putting in drainage rock at strategic locations around the home to minimize soil erosion and filter the captured runoff before it enters Lake Tahoe.

TRPA is looking for new ways to get homeowners into compliance by placing the burden of disclosure upon the local Realtors. Not only are they looking to local Realtors to enforce their mandate, they are also threatening forms of deed restrictions if property owners do not comply.

If the property owner has completed their BMPs its a plus for the buyer.  If the property is not compliant then it can affect negotiations in favor of the buyer.

How to install your BMPs

There are many local companies that will install them for you. The TRPA’s BMP handbook and their toolkit are great places to start. What’s even better is the TRPA BMP planner which takes you through the process on line and helps you design them from the comfort of your chair.

Whichever option you choose, I recommend that you get them done sooner rather than later, especially if you’re planning on selling your Lake Tahoe home.

Even though TRPA hasn’t really been enforcing their mandate, rumor has it that they’re stepping up the pressure now

Lake Tahoe Real Estate

Installing BMPs is just one way we can help keep our lake clear for generations to come.  A clean lake will keep your property values up, and having your BMPs completed helps you get the best dollar for your home.

If you have any questions, please don’t hesitate to call me at 530-541-2465.

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