You are a person who values practicality, and for you, the most crucial aspect of a home is the potential profit you can make from a future sale. Las Vegas high-rise condos can be the ideal solution for you and your family in the current context of the real estate market. Land in the city is increasing in value, and an investment that may seem significant today can be a breath of fresh air in the future. And the same can be said for homes for sale in Las Vegas with pools.
Being a true gem in the middle of the desert, Las Vegas is a city that faces scorching temperatures, which is why homes with pools can be considered a must-have investment. However, owning a dwelling is not all about real estate value. Besides the economic factors, what are the advantages you can get from buying Las Vegas high-rise condos? And in what ways can homes for sale in Las Vegas with pools transform your opinion of the city? We’ll try to answer these questions and more in the columns below.
Are there Economic Advantages to Buying Las Vegas High-Rise Condos?
High-rise condos are a type of condominium located in buildings at least ten stories high. And these types of properties have become increasingly common in Las Vegas, especially in upscale suburbs like Summerville or Henderson. Las Vegas high-rise condos are usually conveniently located in central suburban areas, close to all the necessary amenities one might need. They are often nearby public transportation networks and can be a cost-effective way to save a penny on commute.
And speaking of cost-efficiency, high-rise condos are often cheaper than traditional single-family houses. While the median price of a condo in 2022 was nearly $260,000, a house, on average, sold for almost double that. The condos found in Las Vegas are expensive compared to the average price of properties in the United States. However, compared to other types of dwellings in the city, they are a real bargain. Last but not least, you need to think about the resale value. Being a cheaper alternative to single-family houses, high-rise condos have the potential to appreciate quickly. Depending on the area where the property is located and its development potential, selling it can bring you a consistent profit if you want to relocate in the future.
How about Other Advantages?
High-rise condos allow you to see the city from high up, and this can be a selling point for many people, as the wild scenery surrounding Las Vegas is best viewed from above. In addition, at night you can enjoy the spectacle of the city’s lights, which are considered among the most magnificent in the world. High-rise condos also benefit from enhanced security compared to low-rise alternatives and often come with amenities that enhance residents’ comfort, such as public gyms or pools.
One should also pay attention to the influence of tenants’ associations, which are often responsible for maintaining public spaces inside or outside buildings, and whose priority is keeping the facades of properties in excellent condition. High-rise condos can allow you to focus on the other aspects that drew you to Las Vegas in the first place, such as personal or professional development. The lower cost of these properties can prove advantageous for people who want to save their resources for the time being, and condo living can prove beneficial for young people who want to experience all that Las Vegas has to offer.
What about a Luxurious Dwelling that Features a Pool?
Nearly 24% of all homes built in Las Vegas come with a pool, one of the highest percentages in the country. And the reasons for this preference are apparent. Homes for sale in Las Vegas with pools can help you relax after a long day at work. The enchanting water and relaxed atmosphere in your backyard can help to soothe the mind and body, turning your property into an ideal place to unwind. In addition, you should also consider the impact swimming can have on your health. Being a low-impact form of exercise, swimming can be incorporated into many routines aimed at improving cardiovascular or skeletal performance, which is crucial for your well-being in the long run.
Are you the kind of person who prefers to have a backyard full of acquaintances? Then homes for sale in Las Vegas with pools may be just what you’re looking for. A pool can turn your home into a central gathering place for your family and friends and can be a significant draw for entertaining guests, especially in Nevada’s arid climate. Last but not least, you need to think about the financial aspect. Homes for sale in Las Vegas with pools are slightly more expensive than homes without pools. However, their resale value is higher, which can make your return on investment more significant, as pools are considered one of the most desirable amenities sought by people who want a luxury home.
Where Should You Buy a Residence in Las Vegas?
There are plenty of suburbs in Las Vegas where you can buy a home. Are you budget-minded and interested in Las Vegas high-rise condos at a more than decent price? Then you can look into a dwelling in Downtown Las Vegas. This part of the city has seen a resurgence in recent years, and the high-rise condos that can be found here may offer more affordable options compared to neighborhoods like Summerville, especially if you’re willing to consider buying older condos. East and North Las Vegas should also be considered. Do you instead want to buy an upscale residence, and that’s why lately you’ve been interested in homes for sale in Las Vegas with pools? Then you’re in luck, as the number of such properties in luxury neighborhoods is enormous.
Would you like to live under the shadow of the Spring Mountains and have access to some of the most luxurious amenities in town? Then you can search for a property in Summerlin. Would you instead like to buy a home in the southeast part of town? Then Anthem can be right on your alley. Are you a person who can afford luxury at the highest levels and want to move to a gated community where it’s not unusual to be surrounded by millionaires? Then maybe MacDonald Highlands is the place for you. Whatever your budget and priorities, Las Vegas can offer you what you need because the charm of this city lies in the opportunities it opens up for all walks of life.