The city proper of Las Vegas has the identifiable brand and much of the “name recognition” when it comes to local real estate. But, we don’t want to be remiss and not blog about Henderson Nevada Real Estate.
The City of Henderson
Some quick facts: the city of Henderson has 230K residents, occupies the Southern Rim of the Las Vegas Valley, nationally recognized for its Parks and Trails Systems and close proximity to Lake Meade, Colorado River, Sloan Canyon National Conservation area and the Black Mountain and McCullough Mountains.
Henderson Nevada Real Estate
Henderson Nevada Real Estate is always meshed with Las Vegas Real Estate but if you scrutinize the numbers Henderson has some great attributes when it comes to real estate valuations. Overall Henderson has seen less depreciation than “Las Vegas Real Estate” in general, is more desirable than some neighborhoods in Las Vegas proper and is attracting a large number of real estate investors and first time homeowners.
Without boring you with too many details, Henderson saw a drop of 34.5% since July of 2006 versus 55.6% for Las Vegas Real Estate. Also, the majority of Henderson Real Estate was developed prior to the boom cycle like other parts of Las Vegas – so there is more implicit value and as a result, Henderson has experienced less foreclosures than Las Vegas.
Investors Taking Hard Look at Henderson Real Estate
Yes, there are some hard hit communities in Henderson that have experienced some problems such as Lake Las Vegas. But, this is not all bad by any means, condominiums at Lake Las Vegas that were selling for $300-400K during the boom years can now be purchased for $100-150K. This is great for investors and second home buyers who want to have a second home on a golf course or deluxe resort property. But, it can be challenging finding the right investment property.
So, all in all, Henderson Nevada Real Estate presents some great homes for investors and families that want to live in this beautiful community – call us today 877.360.2030 or visit our web site for more information about Henderson Nevada Real Estate.
