Genoa Nevada has a different real estate market than many other areas. Genoa is a very highly desirable area because of the beautiful landscape and the convenient location, but finding a good bargain here can take some time. Although we are seeing many more families moving into the area the majority of the home owners in Genoa are retirees. Genoa is one of the most expensive areas in the Carson Valley and because most of the home owners are retirees they are not in a hurry to sell, nor do they feel they need to lower their prices due to the economy. In this slow market we have seen minimal reductions, but not the drastic price reductions that have been occurring in other areas where the sellers are more dependent on jobs and need to sell quickly. Sometimes a house or land will come up that sells within 30 days because it is a good bargain or it is what a buyer has been waiting for.
The best way to find a good bargain in Genoa is to watch the listings. Signing up for automatic email notifications on our website www.carsonvalleyhomefinder.com is a great way to watch for new or reduced listings. With the automatic emails prospective buyers can sign up for anywhere in Northern Nevada and our website generates emails whenever there is a new property or a reduced price.
Currently the best bargain in Genoa is located at 2551 Eagle Ridge Road a great 3 acre lot in the prestigious Eagle Ridge subdivision. The lot overlooks the valley and has great views of Jobs Peak. It is just reduced to $399,000 which is $85,000 less than any other lot in Eagle Ridge!! Call Chad Coons (775) 720-2115 or Gina Gillmor Coons (775) 721-3988 for more details.