Nevada real estate is a great investment
Zillow said the value of homes in Nevada has increased 6.9% over the past year and is expected to increase 8.5% in 2021. With no capital gains taxes and some of the lowest property taxes in the country, Nevada is a great place to invest in a home. The local tech career market is on the rise, with more remote workers moving offshore every day. Hence, the state is expected to get even hotter in the coming years.
Second, Nevada has the space you need
You can get more room for your dollar in Nevada than in California or New York. That means lots of space for a home office, kindergarten, home gym, or anything else you might need to create a sanctuary during this time we spend most of our time at home.
This is especially true in the luxury market, where some buyers are even buying homes remotely due to the pandemic. Last year’s uncertainty didn’t scare the market, and spacious homes are selling left and right.
Third, the luxury market in Las Vegas is growing rapidly
If you have your sights on a luxury home with a sunny setting, Las Vegas is the ticket. The Vegas luxury real estate market is experiencing incredible growth despite the hurdles of a global pandemic. According to Home Builders Research, 692 new homes were sold at $ 750,000 or more – an 8% increase over 2018. This year the market continued to flourish and is expected to do so through 2021. In short, it’s easier than ever to find your dream luxury Vegas home and your new sanctuary is only likely to increase in value.
Fourth, quality of life
As a native of Nevada, I’ll tell you a little secret: Living in Nevada is like stepping into a daydream. With more than 300 days of sunshine a year, some of the best entertainment in the world, and stunning natural surroundings just a short drive in any direction, it’s no wonder Nevadans love it here.
If those dreamy surroundings aren’t enough, Nevada’s relatively low cost of living and lack of state income tax could seal the deal. Even better? The Nevada job market continues to grow. Despite the uncertainty of the pandemic, industries thrive across the Strip and jobs in agriculture, aerospace, startups, energy, technology and healthcare abound.
Fifth, the houses will be updated for you
When buying a home, the last thing you want is a cookie cutter. You want something that suits you and that’s where the Nevada market shines. If there’s one thing I’ve learned as a broker in my agency, it’s that the happiest people are in homes that combine original constructions with modern updates that match the functionality they need today.
As a group with in-depth knowledge of home quality and construction, Simmons encourages Nevada luxury sellers to invest in their homes prior to listing. That means older luxury homes in the Nevada market often have gorgeous updates that offer higher value and a more intuitive feel.
Six: Nevada Realtors know what they do – and we love what we do.
When you love what you do, it doesn’t feel like work. This is how my colleagues at Nevada Realtors and I feel every day at work. I call what I do real estate matchmaking because it takes a special mix of intuition, knowledge and commitment to give my clients exactly what they need. Nothing feels better than helping families realize their dream of owning a home or find their home forever. Our thriving property market has excited us more than ever to help you find your ideal home and negotiate for what you deserve. This enthusiasm shows in every interaction with a Nevada Realtor!
Molly Humble is a top Nevada real estate agent with Simmons Custom Fit Real Estate Group. The group’s work has been published in NBC, FOX, and the Las Vegas Review Journal, among others. This is the only team in Las Vegas that has a licensed general contractor that enables them to offer their Update Before You Sell program. With no money out of pocket, they update your home to sell for the most money in no time! Visit this link to learn more: https://www.simplehomesearch.com/