From time to time, I will highlight a particular subdivision or neighborhood with Silverado Ranch. Today it is Silverado Place. This quaint community that sits just north of Cactus Avenue and east of Bermuda Road offers a community pool and park. The homes in Silverado Place were built by Astoria Homes and designed for first time home buyers. The homes feature 1 car garages and small yards with a front porch for a sense of community. Since the community was designed for first time home buyers, the community will not allow homes to be rented.
One floor plan in particular in Silverado Place is unique in that the kitchen and living area are on the second floor while the bedrooms are on the first floor. This design has a "loft" like feel in the kitchen and living areas. Large windows bring in lots of natural light.
Other floor plan designs are more traditional with the kitchen and living area on the first floor and bedrooms on the second floor.
Click here to find your home in Silverado Place or other neighborhoods in Silverado Ranch.
If you are looking to sell your home in the Silverado Ranch area, I have buyers waiting. Click here for a free Market Analysis to get your homes value.
The Las Vegas Foodie Fest is taking place this weekend, beginning today at the Silverton Hotel Casino parking lot. There will be food trucks and food vendors from all over. Even White Castle will be there serving their famous sliders. The event begins at 4pm today and runs til midnight tonight, Saturday 12pm - Midnight and Sunday 12pm-10pm. Tickets for The Las Vegas Foodie Fest benefits the Three Square food bank.
The real estate market here in Southern Nevada had been so poor for so long that short sales and foreclosures were the norm. Now there is equity in Las Vegas real estate. Last month 55% of existing home sales were traditional sales, meaning the sellers sold for a profit. This is the first time this has happened since 2008. For someone contimplating on selleing a home, now is the time. Buyers are buying because interest rates remain low and they are afraid prices will continue to rise, so they want in now. If prices do continue to rise many buyers will be priced out of the market and we may begin to see a retreat in prices again which will also mean more inventory. To see where you stand on your homes value, click here for a free report, emailed directly to you.
The Silverado Ranch area is one of only a hand full of neighborhoods in the Las Vegas area that actually provides easy access to the Las Vegas strip. This is just one of the reasons Silverado ranch real estate has taken off over the past few months.
Las Vegas in general has seen large increases in home prices up over 30% in many areas over the past year. The current market is seeing multiple offers and prices increasing as much as $50,000 over asking price. While these large increases will not sustain, the general concensus from local economists, seem to feel the rebound in home prices is real and not another bubble.
If you are thinking of selling your home, now is a great time. Contact me at 702.286.3434 click this link for a free home value report.
