SUNDAY, MARCH 25, 2007

April 2007 Real Estate Report

Market Update for 1st Quarter of 2007:

Montreux is proving many real estate skeptics wrong! The first Quarter of 2007 has seen some very strong real estate activity. In the first three months of 2007, there have been 18 homes and 7 homesites, either in contract or closing.

Below is a summary of the 18 homes and 7 homesites that have sold.

Renaissance can boast the sale of 5 closed properties priced from $1,040,000-$1,549,000. Additionally there are 2 homes in escrow with closings planned in early May. There is also 1 resale Renaissance home currently in escrow.

The Creekside Manor's have also seen quite a few closings in the first part of this year. A total of three Manor homes have closed escrow this quarter, with prices between $1.5 and $2.4 million.

As for Cottages, there has been one resale closing at $1,150,000 and the very last Developer Cottage will close the first week in April.

The Chalet's continue their strong start with another sale in the first quarter.

The Phase 9 lots have also had a robust beginning, with 7 lot sales in the first quarter alone! Contract prices ranged from $415,000-$615,000. A total of nine Phase 9 lots have been sold.

Finally, custom resale homes have seen some nice recent activity. There are four custom homes scheduled to close escrow by early May, with list prices between $1.6 and $2.5 million.
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SUNDAY, MARCH 25, 2007

Current homes and lots for sale in Montreux:

Renaissance – Prices start at $1,045,000!
Representing the best price point and value in Montreux, Renaissance currently offers three homes that are built and ready to move into. These spacious single-level homes range in size from 3,200-3,500 SF, with prices starting at $1,045,000. Within the next month, Renaissance will release the third and final phase, with breathtaking golf course and mountain view homesites available. The Renaissance model is open daily.

Chalets – the model is now staged by Juniper Hills!
LakeCrest Home's latest release of Alpine-inspired homes is currently under construction along the 10th and 11th fairways. There are four plans to choose from, 2,973-4,000 sf. All Chalet floor plans are single level with great room designs. Prices start at $1,514,000.

Additionally, the Chalet model is for sale and available with a rent-back from the builder, priced at $1,899,000 for 3,989 SF. The model is available to view daily.

Creek Side Manors – the last remaining new Manor!
The last remaining Creek Side Manor is currently under construction on Champetre. This Manor offers the best of interior quality finishes and maintenance-free living, with 4,059 SF including 3 Bedrooms, 3 car garage, and great room design. Enjoy the sound of Galena Creek at the foot of the property.
Priced at $1,999,000.

Custom Homesites – build your dream home with lot prices starting at $375,000
You're not too late to buy your own piece of Montreux! We have some custom homesites still available in Phase 8 and Phase 9 (along the 1st and 2nd fairways). Our custom lots feature both mountain and golf course views.

For more information on any of these properties, please call:
Brooke, Ryan, Marna or Louise at 849-9444 or stop by the Montreux Welcome Center.
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SUNDAY, MARCH 4, 2007

February 2007 Sales Reports

The February 2007 Montreux Real Estate Reports are now available for download:
Please click here to download the February 2007 HOMES for Sale Report.
Please click here to download the February 2007 LOTS for Sale Report.
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