Caramella Ranch homes range from the low $600,000s to $1.2 million. Real estate agent Katrina Karasawa says buyers there have to weigh the lure of new construction against the general real estate market in this booming region near Lake Tahoe. ![]() Regency at Caramella Ranch is a new 55+ active lifestyle community outside of Reno, Nev. What are the real costs? Homeowner association fees? Taxes? Utilities? And what happens to the value of a place in a retirement-focused community?
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