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Getting To Know The Las Vegas Real Estate Market

November 23, 2018, Author: CT Harvey

Las Vegas is known as a popular vacation destination, but it’s also an incredible place to call home. The largest metropolitan area in Nevada combines the feel of a big city with the convenience of a small town. Its history is rich and vibrant, matched only by the beauty of its national surroundings. The desert climate offers year-round sunshine with bright summers, mild winters and gorgeous sunsets.

 

605 Saint Croix Street, Henderson, NV

605 Saint Croix Street, Henderson, NV

Las Vegas home sales are thriving with one of the fastest growing housing markets in the country right now. Whether your preference is Mediterranean-inspired, Mid-Century modern or bold contemporary, Las Vegas real estate provides great opportunity. Custom homes are being built and bought for far less than in other markets, including nearby Southern California.

One of the largest and fastest growing areas in the Las Vegas real estate market is Summerlin. The master-planned community sits in the far west valley, nestled against the beauty of Red Rock Canyon. It’s divided into upscale neighborhoods like The Ridges and the brand new ultra-exclusive Summit Club.

1452 Macdonald Ranch Drive, Henderson, NV

1452 Macdonald Ranch Drive, Henderson, NV

 

On the other side of the valley, Henderson offers a variety of housing options with an easy family-oriented pace and refreshing array of parks and nature trails. MacDonald Highlands and Ascaya provide staggering hill-side views of the valley while Green Valley, Anthem and other neighborhoods have a deep selection of luxury options.

If you want to be close to the action, enjoy upscale high-rise living on or near the Strip. The Waldorf Astoria, Veer Towers and Palms Place combine sweeping views with resort-like accommodations. Rooftop swimming pools, private fitness centers and personalized concierge services are often included with high-rise towers.

The Waldorf Astoria 3750 Las Vegas Blvd S., Las Vegas, NV

The Waldorf Astoria 3750 Las Vegas Blvd S., Las Vegas, NV

Character-rich estates are a staple of classic “Old Vegas” neighborhoods like Rancho Circle and the Las Vegas Country Club. Meanwhile, Section 10 and Queensridge have their share of extraordinary custom homes west of the Strip. For vibrant waterside living, numerous opportunities lie at The Lakes, Desert Shores or Lake Las Vegas.

 

305 Rosegate Avenue, Henderson, NV

305 Rosegate Avenue, Henderson, NV

When it’s time to play, the excitement of the city is only moments away. The Strip is home to the most extravagant resorts, casinos, restaurants, shows and attractions in the world. Dine at a five-star French bistro before an evening at Cirque du Soleil or ride the 550-foot-tall High Roller observation wheel after placing a bet at a sports book. The bright lights continue Downtown, where the glory of vintage Vegas is on full display. Enjoy a cocktail while exploring Fremont Street, tour the Downtown Container Park or catch a performance at the Smith Center for the Performing Arts.

Nature lovers can escape the chaos by visiting scenic wonders like Red Rock Canyon, Mt. Charleston, Hoover Dam, Lake Mead and Valley of Fire. Even the Grand Canyon is just a short helicopter ride ride away.

 

2786 La Bella Court, Henderson, NV

2786 La Bella Court, Henderson, NV

For years, Las Vegas was tagged as a transient city, but the local pride that’s developed in recent years is undeniable. That spirit is reflected in the community’s emergence as a bona fide sports town. Locals frequently sell out the T-Mobile Arena to watch the Vegas Golden Knights play NHL home games and visit the team’s public practice facility in Downtown Summerlin. With new stadiums under construction for the NFL Raiders and a minor league baseball team, it’s clear there is plenty of hometown pride to go around.

The local economy is driven by casinos and tourism, but businesses like Allegiant, Zappos and Tesla have taken up residence in Nevada due to the state’s economic climate and favorable tax conditions. Homeowners enjoy one of the lowest property tax rates in the country and have no state income tax to worry about.

Las Vegas is all about convenience. The city’s efficient road and highway system makes it easy to get from one part of the valley to another without the congestion common in larger cities. The airport is also one of the most accessible in the country, designed for large crowds and on-the-go travelers with a centralized location just off the Strip.

There couldn’t be a better time to relocate to Las Vegas. Kamran Zand with Luxury Estates International is SportStar Relocation’s representative for Las Vegas. Kamran is highly knowledgeable and offers five star customer service. If you are looking to purchase of sell in the Las Vegas area please contact Kamran Zand at Kamran@LuxuryEstates.com.

Kamran Zand

Real Estate Advisor | Las Vegas, NV

-Las Vegas Area Rep
-Luxury Estates International
-Broker
-Luxury Homes Las Vegas

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