Henderson and Las Vegas Real Estate

If you are getting ready to buy a home in the Las Vegas area, one of the biggest decisions you will need to make is whether you want to buy new construction or an older home. This can be one of your biggest decisions in your home selection process. Do you know the differences between the two kinds of homes and why people choose one over the other? Here are some things to consider, to help you compare and make that decision.

You Typically Get More for Your Money With Resale Homes. New construction homes tend to cost more, feature for feature, than older homes since they have the newest features. Additionally, older homes are usually taxed less as well, depending on the local jurisdiction.

New Homes Have Updated Safety Features. When you buy newly built homes, you will find all the current safety features that have been developed with the most current technology and safety guidelines. This means that there will likely be fewer safety hazards and it may be better for your family's safe environment.

New Homes Are Built With New Material. With a new home, you will have new materials and appliances. That means fewer maintenance troubles for you, and less worry about something breaking for the first few years.

Older Las Vegas Homes Tend to Have Larger Lots. When you buy an older home, especially if it was built before 2000, you often have access to a larger yard than with a new home. This is because new construction homes are more frequently put closer together on smaller parcels, with much less space for big yards and recreational space.

New Homes Are More Efficient. Window and appliance makers have made great strides in improving the efficiency of their products. Improved energy efficiency in windows means better insulation Winter and during our hot Summers. More efficient electrical appliances mean better energy efficiency and lower energy bills.

Older Homes Are More Traditional. If you're looking for a traditional home, resale homes are just right. Older homes usually have features like a dining room, a family room and other such features, that were always standard few years ago.

New Homes Have Modern Construction and Design. In addition to having newer appliances, newly built homes incorporate updated features that people today have come to expect. Engineered materials, tile roofs, stone countertops and other features are usually expected on new construction homes.

Resale Homes Are Usually More Easily Negotiable. Buyers can negotiate a better price on older homes than they can on new construction ones. In places where need for new construction is healthy, it is more difficult to negotiate for a lower price. This could result in getting more value in a resale home for the amount you would pay for a small new construction home. The is especially true in Las Vegas with our current Foreclosure inventory.

There are several advantages to buying an older home, but there are also advantages to buying a new home. The final decision is a matter that comes down to one's personal preference. Either way, evaluate your options before deciding. That's always the best way to get the home of your dreams.

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Article made available courtesy of Automated Homefinder, the best Lafayette Colorado home location experts.

The Las Vegas High Rise market has seen a huge amount of chaos in the past couple of years. There are lots of vacant units and the prices have fallen faster than a rock dropped from the penthouse balcony.

We are starting to see lots of "Outside the Box" deals in this market. Allure Las Vegas in now offering Lease/Purchase Options on several different floor plans. Monthly pricing is currently ranging from $1350 to $2650. As they claim this is "Resort Living at the Perfect Price."

In addition to the rent to own programs there are some great prices on units at this time. The price per square foot is close to half of the build cost! Arguably this is the best value anywhere on the Las Vegas Strip. Now may be the perfect time to pick up that second home, remember "What Happens in Vegas, Stays in Vegas!"

Allure features 428 units and 15 distinct open floor plans with studio, one, two and three bedroom residences which range in size from 671 to 4,400 square feet. You will also find all of the luxury you would expect from a first class resort; stunning views, 24 hour doorman, concierge, valet, pool & private cabanas and an expansive fitness center.

This market is changing by the minute in Las Vegas so please contact us for the latest details.