WEDNESDAY, APRIL 23, 2008

Sales Update, April 2008

Since our last Real Estate Report there has been a buzz of sales activity, further evidence of the vibrant real estate market in Montrêux!

Another Renaissance and a resale Cottage sold in the last month.

In our last article we reported the Renaissance model was sold. The brand-new Renaissance model will be completed by May 31st. Please feel free to give us a call at 849-9444 and we will gladly show you the new exquisite model, located at the end of the Practice Range.

The Chalet Spec home on the corner of Bordeaux and Nordend is now staged. What a difference! This home looks fantastic. Come by to see the results for yourself. This home is 3,176 sq. ft. on a single level with no wasted space. With four bedrooms, a great room, a wine cellar and three-car garage, many have commented that this home has everything that you could want!

Please feel free to stop by the Welcome Center for any updates on available or sold properties and to welcome Monica on board, or call us at (775) 849-9444.

Brooke, Louise and Monica thank you in advance for your referrals that help our community grow and prosper.

(775) 849-9444
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WEDNESDAY, APRIL 23, 2008

New Team Member -- Monica Gore

Brooke and Louise are thrilled to report a new addition to the Montrêux Sales Team, a fellow Montrêux Member, Monica Gore!

Monica has been an avid Montrêux Member since 2005. Monica and her husband, Doug, relocated to Reno three years ago from Whistler, British Columbia. With 12 years of experience as a successful entrepreneur and business owner, Monica’s enthusiasm and dedication are outstanding.

We anticipate Monica will bring the same level of energy and dedication to Montrêux real estate sales. Welcome Monica!
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WEDNESDAY, APRIL 23, 2008

Montreux Represents the Highest Value in Reno!

You can’t open up a paper or turn on the evening news today without hearing the latest expert’s opinion on our current real estate market. Many of you have asked, “How are the real estate values in Montrêux holding up?”

Without a doubt, Montrêux has retained the highest property values in this turbulent market. Buyers see added value from Montrêux’s amenities (world-class golf and high architecture standards) setting Montrêux apart from other communities.

The following data was pulled from the Reno-Sparks Multiple Listing Service (from April 1st, 2007, to April 1st, 2008). Of the 24 reported sales in Montrêux, the average sales value per square foot was $424. This value is 35% to 40% higher than our surrounding “high-end” neighborhoods, including St. James Village, Galena/Callahan Ranch and ArrowCreek.

Montrêux continues to represent true value and price stability.
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