Where is the best place to buy a house in Las Vegas?
This really depends on your lifestyle & what you love to do. Do you go to the casinos on the Strip or enjoy all the great outdoors we have surrounding the city more frequently? If you want both there are also some great locals casinos in many areas too. Far up North & West may be good if you love snowboarding, or hiking Mt. Charleston. A few communities my clients really like up there are:
Head South & East and you’ll be close to lakes Mead & Mojave if you prefer more fishing, boating, & jet skiing. Lake Las Vegas is a prominent community in that direction that has its own man-made lake & plenty of celebrity neighbors. You could even go out to Boulder City, a small-town feeling city not far from Las Vegas proper. Boulder City is the town built around the creation of the famous Hoover Dam & Milo’s Cellar is still a gem of a little spot for lunch & even has a few rooms to rent for the night.
Personally, I love the Southwest as I can be on The Strip in 15 minutes & on a good 5 mile hike that overlooks the city to the East or the mountains to the West in just 5 minutes. From Mountain’s Edge I’m still just about 45 minutes to either ski slopes, or fishing in either direction. You’ve got Southern Highlands master-planned community just next door if you prefer some golf with your neighborhood.
Of course, you don’t need to go to the suburbs. If you’re looking to be closer to the Strip, The Arts District downtown, or just more central, there are lots of great areas mid-valley as well. If you want to see available homes & pricing for different areas of Las Vegas real estate you can search the MLS for free here.
Are house prices dropping in Las Vegas?
No. Home prices in Las Vegas have been rising through 2020 as interest rates reach lows never before seen in the history of the United States. Low interest rates open up opportunities for buyers to either finally buy their 1st home or for those moving to Las Vegas from out of state to often purchase a much larger & luxurious home than they could in say, California. Low rates won’t last forever & this may be the opportunity many needed to level up their living situation. If you’re curious about market data for the city, check here.
Is it a good idea to buy a house in Las Vegas?
It depends. Do you want to spend $20,000/year to rent in Las Vegas and have nothing to show for it, then no. If you want to take advantage of today’s low rates to finally own something wonderful at a very affordable monthly payment, let me help you find an area that can provide you with the lifestyle you want for years to come.
How do I buy a house in Las Vegas?
Certainly consulting with a knowledgeable local Realtor such as myself is step one. Tell me what your ideal neighborhood provides. This could include proximity to different amenities, activities, schools, or workplaces. While the market is very competitive at the moment, knowing exactly what you want & being clear on what you don’t want will help you capitalize on new home listings as they come available & before they disappear! If you want to just browse the Las Vegas MLS & aren’t ready to speak with a professional, you can access all available listings for free, right here.
What is the nicest part of Las Vegas? What part of Vegas is best to live in?
The short answer is part that works for you. There are many cookie-cutter homes in Las Vegas, but there are also communities that look like nothing else in town. Knowing what’s available, knowing what you want, & having a professional help guide you to your perfect home is completely possible, even in this market. If you would like links to school, census, & crime data I have that information available for all of my future homeowners here.
Should I buy a new construction home in Las Vegas, or a resale home?
I get this question frequently as well. Fortunately, you can search new homes for sale in Las Vegas here. Remember, most new homes for sale will require a trip through the “design center” where the price for your home becomes the price for your home AND the finishes such as your quartz countertops, your additional balcony, your paver stone patio, etc. As long as your comfortable with those additional costs & see the value in creating your own perfect, never-been-lived-in home for you with a builder’s warranty then start searching!
What ever your home preference, where ever you’d like to live, PLEASE use a good, honest Realtor. I hear nightmare stories of buyers over-paying, waiving their home inspections & winding up paying $100,000 to fix their new home they already overpaid for. Don’t be that buyer. Our company takes its commission from the seller, doesn’t charge brokerage fees, and truly takes our fiduciary responsibility to you, our client seriously. Please read our reviews!