Reno, NV

By: Mowdee

Here's how to find out the price per square foot of a home:

Value of home: $160,000

Square Feet: 2,130 Sq. Ft.

(divide the two): $160,000 / 2,130 Sq. Ft = 75.12

Price Per Square Foot: $75.12

So how do you know if it's a good deal or not?

You would need to do a little bit of research-ask for past year's (5-10 years) prices of homes in your area. Your real estate agent can do this for you (if he doesn't know ask him to get it from his title company).

To give you an example, I did a quick research on the last thirteen years in the Reno, NV area (I got the raw numbers from the Reno Bureau of Business & Economic Research).

This is what I got...

Reno Average Sales Price Per Square Foot:

1993: $78 / Sq. Ft.

1994: $83 / Sq. Ft.

1995: $87 / Sq. Ft.

1996: $88 / Sq. Ft.

1997: $90 / Sq. Ft.

1998: $93 / Sq. Ft.

1999: $94 / Sq. Ft.

2000: $98 / Sq. Ft.

2001: $104 / Sq. Ft.

2002: $117 / Sq. Ft.

2003: $136 / Sq. Ft.

2004: $178 / Sq. Ft.

2005: $217 / Sq. Ft.

Basing it from this graph, I would be getting a heck of a deal for the home I computed for earlier in this article ($160,000 / 2,130 = $75.12 Sq. Ft)-- I would be getting this home at 1993 prices!!

This is a real example by the way. My client was looking at this home last week. This gave him a good idea where he stands on the property (he plans on selling it after five years).

If you do this basic research you will better see of how good (or not) of an investment you're getting.

Hope it helped!

Ok. I'm not trying to plug this product but it is amazing and I wish I knew about it before today.

I've come to find out that not all of my clients have easy access to a fax or scanner. Even more, it's hard to meet with them before 5:30 on any weekday. So what am I to do? Wait outside client offices for a lunch break? Spend every weeknight from 5:30-9:00 in the office or front rooms of clients? Not anymore.

Today I did my first paperless offer for a REO property. The client was at work with his own clients and unable to step out for a signing. So I sent him the offer via docusign. Amazingly, he had it back to me in 5 minutes. All signatures and initials were on the correct line and legible. All I can say is, OUTSTANDING.

The docusign is a database/email that will allow you to take any .pdf and insert initials, signatures, date lines, etc. You have the freedom to put them anywhere on the document and they work similar to standard hard copy tabs, except the program actually puts the signature/initial on the line when the client clicks it. The program prompts for missed initials/signatures and emails me a copy once it has been completed. It is legal due to Congress passing some bill back in 2000(wow, wasted money on Poli Sci courses). I can't believe how much time I wasted driving around when I my clients needed was access to their email.

Let me know if you use it or have any tips.

Some of the best kayaking spots in the world are within a one or two hour drive of Reno. But you don't really have to drive that far to enjoy kayaking and the whitewater of the Truckee River. Now, you can traverse the whitewater of the Truckee River in downtown Reno and along the I-80 corridor in Sparks.

America's Adventure Place Whitewater Parks:

* Truckee River Whitewater Park at Wingfield Park in downtown Reno
* Whitewater Park at Rock Park in Sparks

Rock Park in Sparks has undergone an extreme makeover and the results are fantastic. The 4.49 acre park now features new landscaping, shade structures, barbecue areas, playground equipment, river trails, new restrooms and improved access for the disabled. The crowning glory of Rock Park is its new Whitewater Park, which spans 1,000 feet of the Truckee River.

Kayakers are now able to kayak from the Whitewater Park at Wingfield in Reno and end their water adventure at the Whitewater Park at Rock. The whitewater park features five drop pools and a recreational design with everyone in mind. No matter your skill level (expert or newbie), you can enjoy the whitewaters of the Truckee River in Sparks. So, come experience the whitewaters of the Truckee River whether you choose to tube, raft or kayak or whether you choose to whitewater in Reno or Sparks, you will have a fun and exciting time on the Truckee River in the heart of America's Adventure Place.

The Whitewater Park at Rock Park is located at 1515 S Rock Blvd, just south of Greg Street, between Mill Street and Glendale Avenue, just south of I-80. Parking is available in the city's public parking lot.

Charlene Hamilton, your Reno relocation expert

Just listed with Terrie Leighton, Ferrari-Lund Real Estate

10325 Mountain Dew Circle, Reno Nevada 89523

10325 Mountain Dew Circle is located in West Suburban Reno, right inside of Mogul! This home is offered at $266,000 and is a short sale listing. This means the home is subject to a third party approval. Basically, the bank will approval or disapprove the sale of this home. All terms and conditions a subject to the terms of the bank.

10325 Mountain Dew Circle is situated on a cul-de-sac and sits on a .42 acre lot. A large storage shed sits in the back yard. There is a separate drive way to the right of the home that is perfect for nearly any size RV, extra parking and/or boat!

10325 Mountain Dew Circle is a single story home and has 3 bedrooms, 2 bathrooms, a laundry room, newer stainless steel appliances in the kitchen, newer (1 year old) double pane, low E windows, vaulted ceilings, charming fireplace in the family room and a wet bar along side the dining room.

10325 Mountain Dew Circle is surrounded by mature trees and nestled below the Sierra Nevada Mountains. This home is located just of I80 so you will have easy freeway access into town or when you headed toward Lake Tahoe.

10325 Mountain Dew Circle is warm and charming. It is a great home for entertaining out back in the large backyard and patio. Plenty of room to build a pool and/or play structure.

Call Terrie Leighton at 775-846-5424 to schedule your appointment to view this home. Visit this home on-line at www.servingrenoandsparks.comfor additional information. Terrie Leighton is a real estate agent at Ferrari-Lund Real Estate. Email Terrie at Terrieleighton@hotmail.com.