Gloomy weather got you down? Then head on over to HomeCrafters’ grand opening of the Reserve at Monte Rosa Saturday and Sunday the 14th and 15th from 11 am to 5 pm. You’ll enjoy live, classical guitar music and gourmet hors d’oeuvres by Voila! paired with the appropriate wines from Vintage Wine Shop.
Experts from Juniper Hill Furniture will be on hand to update you on the latest color trends in decorating. Jacqui Cappucci, interior designer, will offer suggestions on how to beautify your home with floral arrangements. And for all you gardeners out there trying to decode the Northern Nevada growing environment, UNR’s master gardeners will available with landscaping ideas that flourish in our region.
Monte Rosa is a beautifully detailed, boutique development with fabulous city and mountain views, worth checking out. Prices start in the low $800,000’s. visit
Reno Ignoramus
Prices “start in the low 800s”.
We all know that means there is nothing for sale there for $800,000. $900,000. or more, is probably closer to what one would have to pay.
So let’s see. Let’s say one were to buy a house here for $900,000. Let’s say one were to put down 10%, or 90,000. An $810,000 loan at 6.25% amortized over 30 years requires a monthly payment of $4,987 for P&I. Add in, say another $750 a month for taxes, and another $100 a month for insurance. One is now looking at $5,837 a month for PITI. No doubt there is HOA fee. Let’s throw in, say $200 a month for such a upscale place to live.
For only $6,000 a month one can live the Reserve at Monte Rosa.
Do we get a complimentary limo ride?
Lynne Black
$800,000? Next month they might be $700,000, or maybe $600,000. Is the market really tanking this fast? 3695 Cashill 3036 sq ft. 47 acre city views. $498,500 ($164 sf)
http://www.idxcentral.com/snar/idxsearch.cfm?idxid=dcohn&pg=profile&mls=70007044
I live in Caughlin Ranch, I think I’m going to go be sick now…
sftravel
Monte Rosa overpaid for land bordering noisy Mount Rose Highway at peak prices and is building homes at unaffordable price points.
They’re so classy – they’ve already got two “sign wavers” on both Mount Rose Highway and Thomas Creek Road. Really gives that warm $1M feeling. They are quickly realizing that this plan may have been a bit overambitious.
Price drops coming soon. Smaller lots coming after that to lower prices.
Mountaingate vs. Bella Terra vs. Monte Rosa vs. The “Estates” at Mount Rose: Too much new supply to sell.
BanteringBear
“Mountaingate vs. Bella Terra vs. Monte Rosa vs. The “Estates” at Mount Rose: Too much new supply to sell.”
I have been thinking we should start a game on this blog. It could be called something like “Guess which builder will go BK first”. Everyone can pick the project they think is the biggest disaster in the making. Then, we wait to see which one goes belly up first. It’s only a matter of time until many do just that.