New Homes Las Vegas
Buying a New Home in Las Vegas
One of the first questions a home buyer in Las Vegas usually asks is whether to buy a resale home or new home. There are some very important differences, all of which depend on your lifestyle, price range and type of home you are looking for.
If you are considering new construction in Las Vegas, you should consult with an experienced Real Estate Broker; one who knows the reputation and financial capability of all Las Vegas home builders. In today’s economy, especially, the new home builders must be in a position to complete a subdivision or community in order to protect the property values of their new homes. A Las Vegas Real Estate Broker also has knowledge as to the financial status of the Master Planned Community developer, which is critical in selecting a new home for purchase. Some home builders are experiencing financial challenges that could affect the future value of your new home purchase.
Why Should You Have Your Own Real Estate Broker When Buying A New Home?
We know the quality of each builder’s previous and current projects.
We know which builders are more willing to make changes on your new home.
We know which builders offer the best customer service after the sale.
We review all new home builder contracts…which can be overwhelming for a Buyer to understand; we will find any “red flags” before you sign your contract.
We will help you to obtain the best financing; some builders offer special financing through their own mortgage companies; those programs are not always beneficial to you and we can find better rates and fees with other lenders.
We also know which upgrades are allowed to be financed, which need to be paid in cash.
We will assist you with your choice of lot location; this is a critical decision, as it will affect your future value. The sales agent working for the builder wants to sell homes and will not be concerned with your choice of lots.
We will recommend professional home inspectors to check the structure before your final “walk through.”
We will save you lots of time in your initial new home search!
You can Search all New Homes on our website and we can get you details on availability, current pricing, current buyers’ incentives and special “deals” that the public is not aware of. Remember that you must be accompanied by your Real Estate Broker before you visit a new home development or register on the builder’s website. The builder, by law, cannot sell the home any cheaper to you if you come in without your own Broker. And remember that the sales agent is a Seller’s agent, not a Buyer’s Broker!
Our goal is to help you in your search, negotiation and successful closing on your home, whether it is a new home or an existing home.
It is true that a new home requires less maintenance than an existing home, so repairs will probably be lower and not needed as soon in a new home. The new homes are subject to revised building codes and standards, and are sometimes more energy efficient than older homes. However, new homes require additional cash for a buyer to install backyard landscaping, pools, spas, window coverings, major appliances, all of which are generally part of an existing home purchase. And new homes are being built on smaller home sites with less room in between your neighbors.
If you are looking for more modern amenities such as whirlpool tub, large master suite, gourmet kitchen, stone flooring, high ceilings, skylights, great rooms, custom media centers, theatre rooms, outdoor kitchens, and new homes will be a great choice for you.
If you prefer more mature neighborhoods with lush landscaping, larger lots, wider streets, closer proximity to the heart of the city, existing homes will fit your needs.
And some existing homes have undergone extensive renovation that will give you some of the more modern features you are looking for.
New homes, however, are located further away from the heart of Las Vegas, where community amenities are not always completed. While you will enjoy the new shopping, schools, churches and medical facilities, they might not be completed when your new home is completed. With the new highways going through Las Vegas, it is now easier to commute from new home communities than it has been in past years.
Pricing Factors: Las Vegas real estate prices are, in general, lower than they have been in 6 years, before the great “real estate boom.” There are some great incentives and discounts offered by some new home developers. Existing homes are also priced lower than they have been during that same period of time. Motivated home sellers in the Las Vegas area are open to creative negotiations that can result a great net price.
So, the decision to buy “new” or “resale” in Las Vegas is dependant on the features, amenities of both the home and the community.
Call Las Vegas Properties today; we can provide you with a list of every available new home; we can compare the value to existing homes with similar features so that you can decide which choice meets your needs.
