Hope this helps,
Beachfront Realty, Inc.
I live right around the corner fr Monterra. I looked at this development for myself and found it to be nice, albeit, I thought the layout was a little tight and the units were a little close together...but I guess most new developments are like that because land costs are high.
Inventory is starting to decline, which is always a good indication that prices will start rising. Let me know if I can be of further service. Sometimes, I can negotiate upgrades/add on's that can give you better return at the sale end.
Catherine Kim Owens
Hammer & Hammer Realty Group
Knowing your buying new is great, like buying a car, if you will.
I think the prices will hold and its because short sales are tiring and many people do not want to wait. Offers and multiple offers and let downs..etc, people walking away makes it frustrating.
But you can select your interior finishes for cabinetry and the builder can offer incentives. You can contact me if you wish, I have floor plans and updated info on this.
Also there is Estada, right next to that, Homes are lovely and beautifully designed. I am familiar with both communities very well.
I live and work very close. If you have any questions from someone who knows, please give me a call. I also have the pix of models and floorplans. And by the way, I also am a designer, so space planning and furniture design helps in purchasing and future plans.
Monterra offers great value for their homes. I am proud to say my buyer loves this development and should be moving in by December. The prices rose slightly over labor day! Let me know if you would like me to take you inside of this wonderful development. Being these are new homes, the values should hold. The amenties of the development and the upgrades that are offered as the main stays of the homes are really great!
Susan Penn, PA , EWM Realtor
Sometimes, it's good to hold out until the developer's close out sale, but then, you don't get the best locations.
Or, in a year or two, there will be resales...
It's critical that you do your homework on values surrounding the development, though.
Cooper City has A-rated schools so the demand is there, and therefore, prices will remain stable. However, a lot of the homes were built in the eighties and some are starting to look dated...which might affect prices.
If you need further help, let me know.
Monterra is a beautiful development and the homes have great features that older homes may not have. New homes are built to the latest building codes, and that is a big plus.
We don't know what the future will bring, but you can feel confident that Monterra is the newest development in the area, and adds to the desirability of the community.
If I can be of further assistance, I do specialize in the Cooper City/Davie area, and would be glad to help you.
Stefanie Cohen, PA, ABR, SFR
Prudential Florida Realty
I have seen the homes in Monterra and they are spectacular!
The homes are high priced only relative to older homes that are smaller in the area. For new construction of this quality and size the prices are actually moderate.
The houses will be comparable to similar houses in the next few years, not against inferior homes. If the houses are selling at the asking price, then there is a market for them. Also as a realtor, I would never suggest a home pruchase as an assett to hold on to for just a few years, you may see slight market fluctuations over that time period. I feel any home needs to be looked at as a 10 year plan and as a home you will live in and enjoy.
If this makes sense to you , and the homes are within your budget, I do suggest the development.
If you need further assistance feel free to contact me directly.
South Fl Brokers