This seems to be a good price for a 2120sf home in LV?

is this a good area?

http://www.lasvegasnvinfo.com/homepage.htm?in_listing=5391254&ref=cl

<TABLE cellSpacing=0 cellPadding=0 width=585 align=center border=0><TBODY><TR vAlign=top><TD class=medtxt width=265>7825 Nesting Pine Place
Las Vegas
</TD><TD class=basictext align=right width=320>5391254 </TD></TR><TR vAlign=top><TD width=265><TABLE cellSpacing=0 cellPadding=0 width=265 border=0><TBODY><TR><TD class=bcname colSpan=3>
Description:</TD></TR><TR><TD width=15 rowSpan=5> </TD><TD class=basictxtsm width=230 colSpan=2>*** Investor's Special!!! *** PRICE JUST REDUCED!!!! NW area off Durango / I-95.Beautiful 5 bedroom home with an open floorplan, a 2 sided fireplace, ceiling fans, open kitchen with plenty of cabinet and countertop space. Perfect investor purchase with a TENANT IN PLACE (excellent tenant) through the end of 2008. Tenant paying $1420/month through the end of the lease. Call today to view. 2120 Sf for less than $225,000. The seller needs out and wants an offer so bring any offers PLEASE!!!!</TD></TR><TR><TD colSpan=2> </TD></TR></TBODY></TABLE><TABLE cellSpacing=0 cellPadding=0 width=235 border=0><TBODY><TR><TD class=bcname colSpan=3>
Details:</TD></TR><TR><TD vAlign=top width=15> </TD><TD class=basictxtsm width=100>Bedrooms:</TD><TD class=basictxtsm width=120>5</TD></TR><TR><TD vAlign=top width=15> </TD><TD class=basictxtsm>Bathrooms:</TD><TD class=basictxtsm>2.5</TD></TR><TR><TD vAlign=top width=15> </TD><TD class=basictxtsm>Property Type:</TD><TD class=basictxtsm>2 Story</TD></TR><TR><TD vAlign=top width=15> </TD><TD class=basictxtsm>Square Feet:</TD><TD class=basictxtsm>2120</TD></TR><TR><TD vAlign=top width=15> </TD><TD class=basictxtsm>Rooms:</TD><TD class=basictxtsm>9</TD></TR><TR><TD vAlign=top width=15> </TD><TD class=basictxtsm>Lot Size:</TD><TD class=basictxtsm>4001</TD></TR><TR><TD vAlign=top width=15> </TD><TD class=basictxtsm>Acres:</TD><TD class=basictxtsm>0.09</TD></TR><TR><TD vAlign=top width=15> </TD><TD class=basictxtsm>Built:</TD><TD class=basictxtsm>2001</TD></TR><TR><TD vAlign=top width=15> </TD><TD class=basictxtsm>School District:</TD><TD class=basictxtsm>Clark County</TD></TR></TBODY></TABLE></TD><TD align=middle width=320><TABLE width=320><TBODY><TR><TD align=middle> </TD></TR><TR><TD class=lbasictxtsm align=middle>photo tour print contact Mortgage </TD></TR></TBODY></TABLE><TABLE cellSpacing=0 cellPadding=0 width=320 border=0><TBODY><TR><TD class=bcname colSpan=3>
Financials:</TD></TR><TR><TD vAlign=top width=15 rowSpan=12> </TD><TD class=basictxtsm width=100>Listing Price:</TD><TD class=basictxtsm width=205>$209,000.00</TD></TR><TR><TD class=basictxtsm width=100>Taxes:</TD><TD class=basictxtsm width=205>$2,482.00</TD></TR></TBODY></TABLE>
<TABLE cellSpacing=0 cellPadding=0 width=250 border=0><TBODY><TR><TD class=bcname colSpan=2>
Contact Information:</TD></TR><TR><TD vAlign=top width=15 rowSpan=5> </TD><TD vAlign=top align=left width=235><TABLE cellSpacing=0 cellPadding=1 width=245 border=0><TBODY><TR><TD bgColor=#9bbad6><TABLE cellSpacing=0 cellPadding=1 width=245 bgColor=#ffffff><TBODY><TR><TD align=middle width=60 bgColor=#eeeeee>
</TD><TD width=215><TABLE cellSpacing=0 cellPadding=1 width=215 border=0><TBODY><TR><TD class=bcname>Realty One Group </TD></TR><TR><TD class=lbasictxtsm>Shaun Ditmar
Realtor</TD></TR><TR><TD class=lbasictxtsm>phone: 702-498-4602</TD></TR><TR><TD class=lbasictxtsm>Visit Website Contact agent </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD><TD width=15> </TD></TR><TR><TD colSpan=2> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

im not looking to move to LV, just suprised how cheap such a big house is.

SS,
That home is on the far northwest corner of the valley.

And I mean the very end of the valley.

It's near the Floyd Lamb State Park and not far from the National Wildlife Refuge.

To give you a reference it's more than 15 miles to Planet Hollywood from there.

It's also near the 95 freeway.

Not far from the Nellis Air Range either.

I'm guessing the location isn't that great.

I guess thats why its so cheap, still 200K only for a 5 bedroom?

seems damn cheap.

Why not upgrade to this one, extra 1/2 bath and more square footage:

<SCRIPT src="/vstatic/31ded3205ee4012b73eb53e118b0f940/static/js/linktrack.js" type=text/javascript></SCRIPT>7144 Antique Olive St Las Vegas NV 89149

5 beds, 3.0 baths, 2,464 sq ft
For Sale: $204,900

Edit [SIZE=-10]Close <DL><DT>Update Sale Info <DD>What's your relationship to this home?
<FORM id=updateSaleInfoForm name=updateSaleInfoForm action=/aerial/DualMapPage,zestimateHeader.updateSaleInfoPopup.updateSaleInfoForm.sdirect method=post><INPUT type=hidden value=claimTypeRadioGroup,SubmitButton name=formids> <INPUT type=hidden value=ZH4sIAAAAAAAAAIWQrU8DQRDF5wpF0JQUqoEm+G0qSEhQVBAuaZomoOq23FCO3O0ss3u9o4IUAwILDoFANvwnSDzBgyVBsUcpH4pxk5n35s1v/ALFtAQAcwCzQx0GhmHxSA6kiKTqC19Z7CMvPd/evZ1dbBTA86E4kFGCGUPlZ6+dxD3k8/H1cunq6bIAkOmZ+5Va2vBglVKFvEcU9SgTjJrYbhPvygg7pBMNZY1sQmMx6Ob3j+EU4FO8AFAiDlFZaUNSFoptpz1M1z1YG6KxYSwt7qAMkEWiA9fkpr46oH+MywDzmsmN7Ymff9zYp1gMwyiiVAQUy1CJ6VyYROeRRVMa7HyLYFKeI9KagLNQbeVA6jmQ+he4zUz/ulsFqFgXfCswHckyRusC/uHddJhQqocajx5v3l+de3fKW8MHUhGkXqwBAAA= name=form:aerial/DualMapPage> <INPUT type=hidden value=form:aerial/DualMapPage name=reservedids> <INPUT type=hidden name=submitmode> <INPUT type=hidden name=submitname>

• <INPUT id=agent type=radio value=0 name=claimTypeRadioGroup> <LABEL for=agent>Listing agent</LABEL>
• <INPUT id=owner type=radio value=1 name=claimTypeRadioGroup> <LABEL for=owner>Owner</LABEL>
• <INPUT id=other type=radio CHECKED value=2 name=claimTypeRadioGroup> <LABEL for=other>Other</LABEL>

<INPUT id=aerial/DualMapPage/zestimateHeader.updateSaleInfoPopup.updateSaleInfoForm_SubmitButton_submitflag type=hidden value=0 name=aerial/DualMapPage/zestimateHeader.updateSaleInfoPopup.updateSaleInfoForm_SubmitButton_submitflag></INPUT><BUTTON class=primary title=Continue onclick="document.getElementById('aerial/DualMapPage/zestimateHeader.updateSaleInfoPopup.updateSaleInfoForm_SubmitButton_submitflag').value='1';" name=SubmitButton type=submit>Continue</BUTTON><BUTTON class=em title=Cancel onclick="toggle('updateSaleInfoPopup')">Cancel</BUTTON> </FORM></DD></DL>[/SIZE]
<!-- Stylized broker web link for A/B testing --><!-- Display logo for properties with active or pending postings or recently sold --><!-- Keep logo for current (LIVE) case -->My Estimate:Create

Looked up quickly the area on Zillow, pretty much in line pricewise with surrounding areas.

Just about everything is for sale there, not a good sign.

I'll be happy to drive you out there in August. Imagine it will be under 200k by then.

these are damn cheap. Unreal

Green, when do you think these will bottom out?

I'm surprised to see it this low. These are newish homes in decent areas, not crap in Northtown.

GD: Has new construction ground to a halt ?

Doug said:

I'm surprised to see it this low. These are newish homes in decent areas, not crap in Northtown.

GD: Has new construction ground to a halt ?

Click to expand...

Doug im going through craigslist and its quite amazing, I just paid 320K here for a much lesser home 60 miles away from the montreal city centre.

Some people lost a ton on these nice houses for 200k.

Here are 42 (3br+,2bath+) places under 100k, but I'm sure most are in bad hoods.

http://www.realtor.com/search/searchresults.aspx?ctid=739&mxp=16&bd=4&bth=4&typ=1

I like the gated communites that have a community pool, I wonder if they have any of those for 100K or less?

SportSavant said:

I like the gated communites that have a community pool, I wonder if they have any of those for 100K or less?

Click to expand...

not likely.

These are more likely within walking distance of multiple crack dealers, kind of places you'd hear gunfire, but some are rather new.

I can't tell location just by street name, but some are probably in OK places.

North Vegas is a bad area, starts at $53,500

http://www.realtor.com/search/searchresults.aspx?ctid=1525&typ=7

Fuck....that's a lot more for less than I paid for here.

It better warm up quick before I get any ideas

There's a couple areas up in the north part of town that are to be avoided at all costs.

1) Is downwind from a pig farm, people can't give houses away to get out of there.

2) Is in the flight path of the planes from Nellis Air Force base.

Not saying this place is either, but caveat emptor.

http://www.zillow.com/Charts.htm?chartDuration=10years&testAds=false&zpid=7065999

Purchased my Vegas home in 1997 for 124,000..........sold it in 2002 for 150,000.......3-4 years later it hit a high of 334,000........now it can be had for under 235,000.

The SQ FOOTAGE was 1668

WOW!!!!

I stand corrected..........

Here is a house EXACTLY like the one I had in the same community........it is being offered for a mere $185,000!

http://lasvegas.craigslist.org/rfs/647924885.html



Holy crap, I may be moving back to Vegas!!!

:smoker2::smoker2: