LAS VEGAS NEW HOMES SUCK!? Here is why!
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- Опубліковано 2 кві 2020
- This video reveals
#NewHomeCondition #LasVegasNewHomes #LasVegasRealEstate
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I’ve seen 30 and 40 year old homes in better condition.
Depends where really.
Many of the homes especially on the exterior and interior finishes are rough shape in the Pre-1980's homes in Las Vegas. Apparently much of the folks with money moved out and bought newer.
On the other hand, where my mom lives in South Orange County, the homes built from the 60's-80's are in good shape. Quality, design, higher values and lack of new housing plays a role. My mom's subdivision built in 1981 is a contrast.
Cyrus992 tr
Homes were built with quality , know contractors want to save money and get richer with poor quality...I blam taxes
Always, always, always get your own inspection. Builders will try to talk you out of it, but do it anyway.
Las Vegas are throwing these kinds of homes up like Monopoly houses is what I call them,. They try to make them look so fancy and pretty when the foundation is totally fucked up and that's because they are trying to compete with California because everyone says how the cost of living in California is so high so then you have Nevada saying we have just as beautiful homes as California at a fraction of the cost when if you really look at it it's not because the homes aren't built with any kind of quality it's all about quantity with them
Exactly!!!! I just moved here and I already ready to leave!
I stay out here and the house I’m in is fine perfectly fine it depends on where you go I guess I have lived in ca as well and prefer here at least for housing
Hold up, you’re telling me ppl are paying 1/2 of a million dollars for a 2000 sq ft home that’s made of plywood and stucco? 🥴
dmack1988 location over size
Straight Zeke yeah in the desert
dmack1988 not necessarily but just Vegas and it’s suburbs is desirable, it’s been one of the fastest growing cities along with Dallas and somewhere else I forgot for a few years now and with reason, the houses out there are beautiful.
Overpriced stucco huts. The housing market needs to correct itself just like in 2008 SMH
Straight Zeke not necessarily??? It is most definitely a desert, trust me I’m born and raised here.
Cheap labor at it finest WOW but I’m not surprised.
Won't be buying a home with this builder........ever.
Babyface ATL DR Horton homes👎🏽
The problem is that this is becoming a problem with a lot of major home builders, the culprit seems to be aggressive build schedules and making profits as fast as possible which in turn leads to illegal shortcuts to the homes being built.
Wth does that have to do with anything? Capitalism says be lazy and leave your garbage hidden inside a newly built home? Absolutely pointless comment
@Matthew Andrade Man you can't really be this dense can you?
@Matthew Andrade I get it now, you are the guy who throws his trash away in people's brand new houses.
She must've used the builders on-site agent. The buyer is supposed to get a pre-closing walk thru to see the finished home. These must be first time buyers - who were taken advantage of. I can guarantee it.
Buyers beware: Pardee is now TriPointe Homes.
Sue the city inspectors seems like fraud
They shouldn't be drinking on the job for starters. Contractor should be on site inspecting the work.
Dr Horton s### KB too I worked for them warning don't buy
I agree
Trash is built in to the walls all through the house. I have a Toll Brothers house in Inspirada and removed trash (and wood debris, saw dust, nails, pieces of random building materials they didnt want to sweep up) several times from the walls before they were sealed up, myself. I complained. They labeled me a derogatory term 🧐 But theyre ISNT ANY oversight bynthe “project manager” . A guy runs around, checking to see whats been done. He isnt even thinking about garbage. He only checks the finished job and has NO IDEA whats occurring in the house, including pissing on the walls (no joke) And the immigrant workers LITTER constantly. Sorry to say, but true. Beer cans after lunch, gatorade bottles EVERYWHERE. Subway sandwich bags galore. Trash bins 20 ft away but trash on the ground is so much more conveneint. Toll called me derogatory names bc I bitched and insisted they do better. The plumber actually told me to “stop coming by bc the guy thinks your crazy” I visited the site every week and the errors and bs was constant. (Missing electrical, wrong options) and they charge a lot for each socket and switch. They hated me by the time of close. That is .....Toll Brothers in henderson , Inspirada labeled me a trouble maker bc my 600k house was actually up to par bc I watched like a hawk. Most workers are respectful and it isnt their fault they do bad work. They arent carpenters. Some are skilled and I was relieved. i watched every step of the way and insisted all Be fixed as it was built. Fortunately for me, I could give a crap what a bunch of lying realtors and buildiers think of me personally. So I just did my thing to get what they said I would be getting. My house is mainly problem free bc I was a “bitch” who insisted it be built correctly and to advertised standard. Otherwise all builders, Pardee, Toll, Century, KB, all of them,....will build crap houses bc its the cheapest way to make money.
That aint how it work g, some fuckers don't listen to us
Contractors hire mostly unskilled immigrant labor.
No good oversight..and inspectors appear useless
That’s what happens when you use cheep labor not skilled labor
cheap
I never could spell 😃
@@JohnSmith-js3po it's okay John I still love you will you marry me
Cheep! Bird's eye view it is illegals that do not give a crap.
You do not ever close before a final walk through.
william woods final walk through guarantees nothing, except cosmetic standards. You have to live in it to understand the defects.
*inspection
That’s exactly right. Some issues I see in behind walls but some are very blatantly obvious.
Yes. And don’t ever let them bully you into a date and time when you tell them you can’t be there that means that you either have to be there or they have to schedule it for a date and time when you’re going to be there. And if they know they have this many problems are going to try everything they can to make sure they schedule it on the day when you’re not available. Something similar happened to me. I was in a program called homes for vets. And I knew there was something wrong because Quicken loans wouldn’t sign off on the deal. So I found somebody who can inspect and found out the house did not have a occupancy certificate so I shouldn’t even of been living in there the back wall was not built right in the basement which meant the house was unstable and could fall in and there was a plus sora of things wrong. I learn my lesson really quick. And on one final note no I’m not racist my family mix. But it Hass to be known this Hass to be known. I have lived and worked with people from various parts of the world. And unfortunately I can say a lot of them not all but a lot of them did not care about their work they had no honor and how they built things how they work their ethics they would just throw stuff together they violate food and safety health codes and so on so forth they just have no respect for themselves. And they have this laid-back attitude of all who cares nobody cares and it’s like yes people do care. Ha it’s just so frustrating. Is it Just like now. Our landlords are from Taiwan and this house is falling apart stuff everywhere they don’t care they gamble hit they treat us like we’re trash and it’s just not right it’s uncalled for. It’s really sad the state of affairs in this country and how things have gone downhill. And as my friend who’s from Mexico says if you go to another man’s country you speak his language and you go there to be part of his culture.
some people don't have pride with anything they do. and company just care about make $$$$$$$$$$$$$.
Jason Lee Customers need to be smarter
Customers like her are naive and lack observational skills. They did a pass poor job but thats the cost of capitalism when you import the third world wage slaves and when you have the worst infrastructure in the modern world. Us has been fading for years. Truly a cesspool.
Alot of these home builders build these homes then file bankruptcy so they are not liable for repairs.
@@Cyrus992 and thats wrong. They supervise us a lot and we fix a shit losd of mistakes. You don't see them but sometimes a few slip
Homes right now are worthless period
Exactly. Why would anybody need a home? I mean hello get a grip people.
@@xBlueGlacier okay other than buying a home what should some one buy???
@@dontreldontrel416 maybe an rv or a tiny home idk
@@dontreldontrel416 business
@@dontreldontrel416 build savings and not waste money on an ugly mundane desert trap.
New homes literally get built within 1-3 months now, it's all cheap
This isn't a "one off!" The issue of sub-standard workmanship was rampant in our neighborhood, where houses averaged $750,000 during the construction phases. Lots of neighbors including ourselves have made repairs or improvements that reveal everyone has trash dumped in tub enclosures, under islands, etc. Our appliances (supposedly luxury brand and superior quality) have failed over and over and the neighbors report the same. We went through the property almost every day as it was built and issued complaints to the construction manager constantly.
Even after moving in, they didn't do a magnetic sweep of our backyard. I found an entire, large box worth of used razor blades, nails, wire and metal fragments and that's where we let our dog out from the day we moved in. The construction manager sent someone over to do a sweep, but took the box. Of course I took a photo of it beforehand. We did our initial walk-through with a fine tooth come as we did the final one year walk-through. Even the window casings melted in the sun! The foam they built them around melted and the stucco collapsed around it.
We pretty much had to verbally bombard them to get things fixed. This was the case with everyone we know who's moved in here! I'm sure they were happy to have our initial warranty period over with since we didn't let them off the hook on anything we found. Of course, things continue to pop-up and that leaves us on the line for the repairs. If the builders claim it's out of the ordinary, they're lying. It's the norm!
They don't properly vet and supervise their subcontractors or inspect materials. While some may have pride in workmanship, the evidence proves that most don't give a crap. The builder would have to hire more supervisors and inspectors to remedy that, but of course that would mean eating into their profit margins and stockholder dividend and they can't have that. Unless you're on top of things and refuse to back down, you can probably expect this with any new home built in Las Vegas.
500k in Las Vegas? You'd think it'd be a mansion for that much. Why would anyone pay more than 200k for a track home in a place where land is so cheap?
Christopher Johnson That is my top question!!! Low credit standards combined with lack of construction helps jack up the price.
In fact we have technologies to make 3D homes for less than $80K
Because the developers know people from California see 400-500K as “cheap”. They have no idea the same houses would be 200K normally.
They must be hiring the dudes that wait outside home depot to build their homes
JCsongwriter1 I will film them soon
They do the same here in CA to do landscaping. The contactor told me. I was like..wtf, but he said only to move heavy rocks...
They would of done a better job than THIS
DAMN SHAME. PAYING ALL THAT MONEY FOR A CRAPPY HOME.
We need to start burning down corporate head quarters ‼️
WOW!!! This is Pardee’s Homes responsibility to make sure the houses are up to code before selling and the city inspectors. This is disgusting how they’re pointing the finger at each other instead of taking responsibility for their action. Kudos to the people for coming forward, recording and bringing it the news!
I watched simply Vegas on UA-cam they make it seem like the homes are premium built especially in Henderson and summerland
anthony brown but those home are built mostly by toll brothers, they don’t make homes like this
The ONLY home I would buy if I were considering living there is one built by Toll Bros.
@@straightzeke2529 Toll Bros homes are built to last.
@@valerieneal2747 I hate summer land
Well the beer cans everywhere in the countertop island might give a clue as to why this home is built like trash. So they bought a 500k home built by drunks?😆 Congrats! LOL This story is going to get worse when this homes goes negative equity with this crisis reiking economic havoc and exposing the dangers of a paycheck to paycheck service economy.
Eddie Oxedine 3D printers?
@Eddie Oxedine That's why there is so much inferior finishing. The industry uses too much chipboard for exterior sheathing and beams.
@Eddie Oxedine A fucking wall isn't going to help. There's millions here already. I live in Dallas, I know.
Also, who is going to do this work? I don't ever see whites or anyone but Mexicans slaving outside in the Texas sun. The pay isn't even that bad either. You can make 15-17 an hour just doing clean up. Still only see Mexicans doing the work.
@@dustinhiggins710 3D printers or manufactured units.
When I lived in Vacaville California a lady whose subflooring consisted of chipboard. Her high heeled shoes she was wearing, went through the flooring of a fairly new house. In addition, the buyer should have a state inspection or one that is independent of the financier of the loan.
I was looking to buy in Vegas but now I will reconsider
Andre Hope Go custom or manufactured
Me too.
Me too..I was looking too 🤦🏽♂️
If I worked this site I’d be pissed ... no way that family had any business finding my beer cans underneath the counter tops lol
This is so freightening, it is so peculiar that during this covid 19 situation they are focused on home construction. The timing couldn't be worse to have to go through this kind of havoc!
That’s messed up that these people thought 💭 they were a new Home 🏡 and all they got was some poor constructed trash 🗑.
Did you have a real estate agent represent you? I'd never let my new home clients close on a home with issues you had. The builder would be made to fix all the issues or you don't close.
Luxury Realty Group LLC there isnt ANY realestate agent who can ensure a house is built to quality. Thats a false statement if you think you can. It requires weekley visist and a keen insight to exactly what options and electrial are bulit in. Its time consuming amd I know bc I finsihed mynthird house in inspirada in the past 9 years, and I know what it takes. Trust me NO realtor is doing what it takes to ensure the correct build. Even you, Or you wouldnt write what you wrote in the first place.
But wouldn't you have the house re-inspected prior to moving in? After the initial inspection was done and all the things wrong with pointed out, I would not have signed anything until another inspection have been done.
Noticed a “slight up tick in complaints” yeah she in their pockets too
We seen couple hundred a day i mean a year... Yes slight uptick.
Definitely ! 😳
Surprised no urine in the bottles I worked on homes construction the painters did it all the and beer cans
So glad I didn't buy a new home. Ended up buying one built in 1910 that was gutted and has new electrical, plumbing, and drywall. House looks new but was built on a solid frame and foundation. No plywood or stucco. Avoid these cookie cutter homes ladies and gents.
Instead of fixing up the crappy home why doesn't the company rebuild the buyers another home done correctly- simple
They may as well just throw the whole company away.
In Canada, the homes being built gets inspected from ground works, foundation, framing , insulation, etc
Canada is amazing
In America 3 houses can be built and pass inspection within 5 days on the same neighborhood..American homes are worthless ,Stucco and plywood, drywall ..Cardboard box ..
But Canada has gone communist. Plus you got French people...lol
Well, this answers my question. I wondered why they were only working on new sites, when they have beautiful abandon neighborhoods near by.
Looks like my dream of moving to Las Vegas just got shook! Buying a home and brand new too, with all these problems. This is goods news for me, however I feel extremely heartbroken for these families. And the all the problems need to be corrected and for everyone who purchased a home should be given a 3rd of the purchase price back to make restitution! Automatically!
Where was the home inspector during the home was built?
JMP Cali Ask the city
JMP Cali no doubt he was sitting on a yacht somewhere stuffing his face and taken the piss out of hard working people’s money
Like the rest of theses good for nothing layabouts fucking parasites 🦠
This is scary and pathetic . Get your money back and find another state . Question every builder now WTF ! I wouldn't trust 😳
Chakits has left the chat
Hahaha.. Where's Chuck when you need him! Simply Vegas!
These companies that sell these money pit disasters should do the right thing by simply leveling the defective houses and rebuild them brand new with the an emphasis on building them right. If the builders take a loss on them, that's too bad. We all take losses in life, it's not the buyers problem and that's what their insurance is for.
Bought one...air conditioner fell through my ceiling over my bed in master bedroom....dog tried to tell me something was wrong under the carpet..and later found out that a big trash dump was buried in my back yard....in 2004.........I ran away from the house.... it was haunted....beware of new gated communities and the houses are so close together... hoa's suck... maybe not all, but this was my experience..........saved money worked hard and bought a beautiful home with 5 acres of land in another state...and NO HOA'S...........Miss Vegas but not the house.....good luck everyone!
Donna Sloane wow
Very foolish to close on a home or even a rental lease when repairs are required, unless you are prepared to live in a perpetual construction zone. A landlord in NYC wanted me to sign a lease and move in before he made a long list of "planned" repairs. I would have been screwed if he did not make them and even more screwed with construction mess if he did. That was a deal to walk away from.
Turn everything on.Test everything.Bought a home in Northridge at n las Vegas and it was a nightmare! I caught some things during my walk thru and they still half assed it.After moving in , my a/c wasn't working and i got an altitude from the the office for complaining about it.My kitchen cabinet are not leveled and the supervisor said it was normal due to the house wall.You could tell he didnt "supervise"
.Im already living there.I go and open the cabinet above my microwave and it was trashed! Painting on some parts of the house is crap.I even had large nails sticking out of my closet shelves.Chipped corners of the walls and floors.I notice most damages and defects are in places they think we wont look at.Some shady b.s.They try to rush you or make up a bs excuse during your walk thru.Take your time! Take 2 hours plus! Lol.Turn everything on like your a/c.I mean yea theyll fix stuff but it shouldn't even have to be like that for most parts of the house.Especially stupid things like nails sticking out. .I understand its little things and its not perfect but i can tell they were rushing and half assed the build.I ended up telling them ill take them to court for the nightmare of a house they built.Just saying take your time.
Illegals do not care building in America...
I blame the builders. They pay so little and treat there employees like crap. You cant blame them for doing crap work. They see revenge on the boss. Sadly its short sited and the homeowner is stuck.
Bs rusty the workers don't give a damn
@@marvwashington3707 that's not true most men care about doing a good job most men care how much money they make. When your boss is a dick.
Why in da hell would anyone pay 500k for these houses, even if they were build perfect! in Georgia a house of this such would be half that price
williewideback Except a few in Metro Atlanta and Savannah
@@Cyrus992 no! metro Atlanta houses are not that expensive, yes perhaps in da Cities, but you can get a very nice home for $500 in the metro area and even in Savannah. I'm born and raised in Georgia and every time i travel i wonder why in da hell people pay up to $500 or more for houses that looks like an Apartment. you can Hi Five your neighbors while sitting in your bedroom lol, yes location is important but getting the most for your hard earn money is better
Come to Boston 500k is a fixer upper in most areas!
Come to the bay area. $500k will get you a broom closet.
I’m a plumber in Canada, I would love to work in Vegas
Just have Scott and Amy resell it on "Flipping Vegas"
Hehe will you marry me
Lol! Illegals build crap. And no do not marry the troll!
I've seen this and gave heard this has happened MORE THAN ONCE in Vegas. This is a Damn shame. I was thinking of relocating there to be closer to my grandson but, after seeing this video, ABSOLUTELY NOT. Just a Goddamn shame...
I bought a home in Las Vegas built in the 90s my friend bought a brand new home she’s having nothing but problems I’m having my kitchen redone I have no issues.
Thanks for the info,
Half a mill for THAT. Yikes....these builders don't care and make excuses because THEY don't have to live there. Smh
Yeap. They suck. And these are newly built homes.
Half a million for garbage. Not only is the labor horrible, but the building materials are also cheap and horrible as well. Like it seems everything in America is about the dollar bill, and how many you can get for the very least amount of effort.
This is totally unacceptable
Buying a home in Vegas now is... probably not a good idea.
I would still take my moms 150 year old home any day.those people who build like this will rot in hell
So so sad in 2021 building's and houses crumbling to the ground to think 50 years ago they said in our school we be living like the Jetsons.WTF
Complete Nightmare! I hope they sue the pants off all those responsible!
We built a new home in the Dallas/Ft Worth area and hired an independent inspector...for 350.00 we got piece of mind, he told us it is one of the best built homes hes seen.....5 years later, we ve had no issues....pays to hire an independent inspector
Not just Las Vegas, this is pretty much everywhere with the crazy high demand of people FOMO.
But we do below average
Thanks Redfin
vegas has bad infrastructure and shoddy work?!?! shocking! I moved here from cali in 2015. there's things I love and things I hate. service is friendly. people are more friendly and polite than cali... BUT... man.... the quality of workmanship is HORRENDOUS. at every level. highways, buildings, cable companies, wiring, internet service, tap water faucets, the drinking water itself... everything you can think of... assume someone down the chain is drunk or high. but.... politeness matters. I gotta say... I hated in cali how everything you do, the staff acts like they have a chip on their shoulder. while stuff is done crappier here... the ACTUAL interaction with people is MUCH MORE PLEASANT and much less stressful.
John Díaz california politics and taxes. Liberal city.
@@mikeswinehart7928 Almost every major across the country is blue. I'm from Dallas, it's turning blue in a red state. Same with Austin, Houston.
This happened the last time the economy crashed as well. So many homes were being built so fast that they didn't built them well. I remember a couple lawsuits were covered by the news.
Ella Lopez But were they as bad?
@@Cyrus992 In my opinion yes because the prices were even more inflated then now.
Never buy a home until you have it inspected.
You get better homes in South America and African countries
Thanks Cyrus for keeping us informed. I've seen reports like this and didn't want it to happen to my dad. I begged him to choose a move-in ready and hire an inspector (if the builder would allow it) before the purchase was complete. He wouldn't hire the inspector, but at least he got to see the finished product before buy. There has been little minor problems (toilet paper holder came out of the bathroom wall, kitchen drawers came off their tracks several times but he had those drawers filled with heavy glasses, windows rattle but the area is very windy compared to where he used to live.) So I would say it's been 95% great. If you think move-in ready homes aren't plentiful or you are picky about styles, Lennar(My dad's house is not from them.) had the most move-in ready homes available or almost complete I have seen of any builder in our area.
My husband and I were a first-time home buyer I first final walk-through was the day that we saw the home we've been here a little over four years in our home and is a nightmare and I don't know who to blame the the contractor or the Builder for contractors to build a home.
Who overlooks any of the easily visible bullshit and signs papers without additional walk throughs?! That’s as absurd as the workmanship.
This is what KB homes delivers too! I think bud light is the preferred beer of contractors, I found bud lights cans as well.
Hey people get something straight. We construction workers love beer period
Haha higor. Understood. Just sad for these people. The builders need to pay construction guys well.
Interesting first Name 😊.
I've never been to vegas,
stucko exterior reminds me of the homes in Phoenix Arizona
Inspector passed the home so blame him. Most likely electricians left the trash.
It is risky to purchase these new development homes, from my experience it is always wiser to purchase a 10 years plus home than a new one, because by then any issue with the house will be noticeable.
They building these new homes too fast and too close next to other homes
Julie Huggins And unlike the older cities, you are not close walking access to shops and other services
This is a Dam shame that we put are life saving into our dream homes and this is the out come.The very same thing happen to me.I just hope and that all of the home owners problems get fix.My payers are with you all.Maybe we need a good realtor that deals in new home construction to see the problem’s that can be with us in every step.🙏🏿🙏🏿Going up
Always get a home inspection before you close escrow. Know your builder.
Well I think it is time for Las Vegas to take another housing crisis until they learn how to build a new home correctly.
Damone Gipson Awesome comment! Urban planning too!
ALL BAD! They should revoke the contractors license if any alcohol is found during the job!!!!
NO WONDER THEM HOMES BE BURNING UP
SO FAST LOOK AT THE WOOD
American homes are made with plywood, stucco, drywall ..I worked construction for 5yrs , contractors will order are material and we had to make magic happen.Some contractors don't care about quality but ..how to make themselves richer..
@@wanjohn5534 It's all about the dollar bill & that's sad 🤯🤯🤯
Feels like buying a lemon
I’m so glad I seen this ...homes are half a million right now and new is very appealing but not with the future problems...I’ll take a use 100 year old home thank you
Damn! That sucks!!
These people should get their money back.
This is not an immigrant problem. This is an American problem. America has changed so much in the last thirty years or longer. No pride in workmanship, etc. Step up America....really make it great again.
Douglas Thompson I agree
This just makes just want to continue renting instead of buying an over-priced home.
Build a tiny one
@@Cyrus992 Yeah, build a tiny home & rent one out to tenants. I can rather just live overseas in a cheaper country instead of the United States. I mean yeah Chicago sounds cool to me, but I would hate the higher property taxes. My relatives are from Chicago & I live in Utah right now & it's getting more expensive here. My dad has an Apartment in a small town near Baton Rouge that needs to be fixed.
Century homes in Texas sucks too. They use thin paper like insulation on their walls (which is legal) to cut costs. Problem is that if a serious storm blows or if a theft tries to get into your home, its like ripping toilet paper from a spool.
The city “building inspector” obviously doesn’t know what good construction looks like. They should be fired. The Pardee Construction Manager should be fired as well. Why would a builder, who operates in the age of social media, believe this kind of shoddy construction can be overlooked????
Thank you for doing this story!!!! We would NOT buy from this home builder!!!! I would SUE these guys!!!!!!!!! Never never never! We are buying a home in Vegas right now!!!!
In Poland is prohibited to build house with wall with window closer than 4 meters from border and 3 meters without window. This looks like Auschwitz, like there is not enough land in US.
HatredPrime Profitability
Seems like the builders buy “low quality” lumber at discounted prices from the scrapyard to save as much money as they can.
Only a sucker with money buys these houses. Anyone with brains and cash stays away. This is what they get when they throw themselves into a high paying, high stress high demand job... They don't have time to make a smart choice on their home.
I thought about buying a brand new home in Las Vegas or Henderson about 5 years ago. After much research I ended up buying a used house needing repairs in Boulder City. I got more square footage and more land in a nice quiet neighborhood without any crime. There's no HOA fees and there's a nice city park around the corner.
Here's what turned me off to purchasing a brand new house in Southern Nevada: there's very little land with small front yards, small driveways and small backyards; the living spaces are miniscule with small living rooms and small bedrooms; the mass-produced "cookie cutter" houses are built right next to each other and resemble an attached townhome or condo; the architecture is not impressive; there's HOA fees to pay for the exterior upkeep in the common areas (not including the exterior upkeep of your house like an HOA of a townhome or condo); there's CCR's for the "planned community" so you can't live "independently" as in a community without an HOA with CCR's.
I looked at the new homes offered in Summerlin and Henderson. The neighboroods in Summerin are okay. The neighborhoods in Henderson (some along the freeway with traffic noise) are not very desireable (good thing they're gated communities). I made the decision to not purchase a brand new house in Southern Nevada for aesthetic and practical reasons but I understand the allure of buying something new verses used. One would expect the "shelf life" of a brand new house being 20-30 years but that life will diminish due to shoddy workmenship.
IMO, the purchase of an older house which has withstood the "trials of age" makes more sense than gambling on the integrity of the purchase of a brand new house. If I were buying a house in Southern Nevada now I'd buy a used house (budget for repairs and a possible remodel) in a desireable location (consider the adage "they don't make 'em like they used to"). You'd get more square footage and land for your buck. The property taxes are also lower on a used house verses a new house (Nevada has a "depreciation factor" included in the "assesed value" for propery tax purposes). Californians who buy a used house in Nevada will be in for a treat...the assesed value is not the "sales price" (as if a used home magically rejuvenates) but FMV minus depreciation due to age.
Anyone considering moving to Southern Nevada and buying a house should do some research. You're making a monumental decision and I would research the attributes of a "good neighborhood" if the quality of life and capital appreciation is of concern (areas with a good school district and low crime provide a better quality of life and appreciate more in value). Incidentally, finding "good neighborhoods" in Southern Nevada can be a challenge (there's also a crystal meth and heroin problem here adding to the homelessness population). The turnover rate of people moving into and out of Southern Nevada is quite high (my Las Vegas AAA insurance agent told me this when I transferred my insurance policies from California to Nevada).
It appears that there's many people who move from another state and don't like it here (IMO, the desert climate is nice but it gets hot in the summertime). Southern Nevada doesn't have any art museums but we have cultural food fairs (art education and appreciation takes a backseat to eating food). The majority of the activities include drinking and gambling but that gets old, and costly, after awhile. The majority of Southern Nevadans are not well educated since the casinos pay well and many can afford a middle-class lifestyle without a university degree (if you're a well-educated person looking for intelligent discourse in this place it will be challenging).
I believe that Nevada will continue to be a mecca for retirees and businesses from other states (we have no income tax). Florida has always been the retirement destination on the East Coast but they have hurricanes (they also don't have an income tax). California has always been a retiree's dream place but they have earthquakes and inept political leadership (they have high income tax). Arizona and Texas will still still attract some retirees and businesses (low income tax).
New housing construction took a "wetter bath" during the 2008 economic crisis because they overbuilt homes in Southern Nevada. Some economic advisors have suggested "holding off" for the real estate speculator-investors and that makes sense (does American society really need these people...some of then foreign investors ?). We can pretty much write off Chinese investment in our real estate market and that's a good thing...without them pushing up real estate prices with the goal of getting wealth out of Communist China does not serve the American interest...or middle class Americans for that matter looking for a house to purchase. Best wishes to everyone!
That was a lot of information thanks for the insight. The best option is someone that’s experienced it . Two years ago I was looking at different states to move to. I’m in the NW (Seattle) and I’m kinda over the long months of darkness but the housing prices finally made me want to leave. I checked out Arizona .This is where most NW people grab a winter home. And I also looked at Nevada. I was surprised that it was sooo cheap . Well just two months ago I checked back and the prices are the same as some city’s here with new construction . Completely blew my mind. I was turned on the Nevada because I would gain more sun ☀️ have a backyard and pool with no worries of watering a lawn . But the home here and there are priced the same with the same features. No backyard, you can here your neighbors flush the toilet, no pool, all the homes look the same if you have a visitor you would need to stand outside and wave them to the right house. So the desire to move went way. After a little research I see California people are moving in herds to Nevada before prices went up due to the new stadium 🤷🏽♀️ they want to get in for cheaper living and entertainment and as a result the prices are California prices. If you look at the new homes they start at close to 400k this is without a front door , pipes , drywall, roof 🤣 and once you “upgrade “ to these features your looking at 600k 🤦🏽♀️ this is why more young people are making payments on a vans busses,and RV and converting them into homes it’s actually smart .save, travel, live minimalist then take your money so you can retire then find your last destination.it expensive everywhere now no affordable living. I predict the biggest housing market crash coming in 2022 absolutely no way these houses are worth what the ticket prices these days
@@munequitamelendez7463 Thank you for your thoughtful reply! I didn't consider moving to the Pacific Northwest since I don't like the rain. Indeed, Nevada real estate prices have been going up a little but the cost of living is inexpensive here (no state income tax and cheap property tax). We have a high unemployment rate due to the pandemic since Vegas depends on tourism (tax revenues from the casinos mainly fund our state budget and we'll have to see what happens). Arizona is nice but it gets incredibly hot in the summer (Northern Arizona like Flagstaff isn't too bad during the summer). Housing prices coming down in Seattle makes sense due to the factors I had mentioned. Washington is a beautiful state (during the summer, IMO) and if you can deal with living in a rainy climate and the real estate is affordable then I would stay put. I think the new Las Vegas Raiders stadium helped out the higher end real estate market (highly paid athletes and their management need to live somewhere). I think that living in a motorhome works better for short people who aren't claustrophobic (the more the less merrier due to living in a confined space). Traveling around in a motorhome is fun but living 24/7 in one can get old (according to ergonomic research a living space should be at least 500SF per person in order to live comfortably). I agree that real estate prices will come down in the near future. I think that the most vulnerable places are the large cities which have suffered government shutdowns, rioting and looting. Even if home prices came down in LA (where I'm from and miss immensely) I would not move back since there's no remedy in sight during my lifetime. Good luck to you!
Chris Eberhardt I’m also from LA I would also move back but can’t afford the comfort I’ve become accustomed to in the great Northwest so I visit twice a month. Thank you 🙏🏽
Potential buyers should also use their own home inspectors to inspect the house
@4:24 I lived in Vegas for 5 years and absolutely hated all the homes. The real estate agents always say don't fall in love with the home just see it as an investment. They kill the experience and the dream.
Homes with no yards, no sidewalks, close together, and those criminal HOA people is what killed it for me.
Worst part is that they are too car dependent despite the tiny lots
Why buy a house, when you can live confortable in an appartment, forever?!!!
These contractors should be make to fix the problems and slap with heavy fines. Hold these people accountable and the contractors.
Homeowners are dumb for signing the final papers.
He’ll nah! No way possible I would of signed on the line before a walk through.They would be moving me to another home
Wow that’s very unacceptable They should be ashamed of themselves
Good choice on the thumbnail...
Make a complaint with the board immediately. They are attempting to keep the complaints out of the public view for money? In 10 years you will be defeated again by builders and the city which took the money! Your money is wasted and you have been ripped off!
Did this guy say 1 of the 3 choices is repurchase- is he out of his mind- his company already built the buyers a crappy home & he suggests the buyers purchase another home
My backing is broken 😂