Las Vegas Home Value Increases

The majority of the investment properties that we help our clients acquire are class A properties - single family homes in desirable neighborhoods that provide balanced cash flow and probable appreciation.

While you would never buy an investment property only for appreciation, appreciation is very desirable and important for market adaption (reinvest equity or accommodate market changes). We estimated current market value for our clients properties and below is a portion from the report. (Note that the street numbers are left off and the purchase price changed slightly for privacy reasons.)

Some interesting observations:

  • Those acquired in 2011 did very well (2011 is when the market bottomed in Las Vegas).
  • Those acquired through short sales (end of 2012 and early 2013) did well too (short sales were the primary type of transactions in the Las Vegas market during 2012 and 2013).
  • When market is up, those in prime locations (for example, Asti and Kachina) out perform the others.
Address Purchase Price Purchase Date Est. Value Gain %
Perfect Peace 185000 2008/11 200000 8%
Kennington 145000 2009/08 240000 66%
Scarlet Haze 117000 2009/10 150000 28%
Sunset Cliff 140000 2010/04 225000 61%
Rossovino 133110 2010/08 170000 28%
Chepstow 148000 2011/02 224000 51%
Portola Vista 145000 2011/03 200000 38%
Mountain Maple 130000 2011/08 210000 62%
Netherfield 136100 2012/03 200000 47%
Tropical Star 104000 2012/11 164000 58%
Iron Stirrup 127000 2013/01 200000 57%
Aurora Peak 115000 2013/02 230000 100%
Belle Masion 110000 2013/03 165000 50%
Rose Creek 120000 2013/08 210000 75%
Coral Berry 170000 2013/08 176000 3.5%
Antoinette 163000 2013/08 185000 13.5%
Asti 190000 2013/12 240000 26%
Houston 116000 2013/12 167000 44%
Colour Magic 190000 2014/01 210000 11%
Maidenhair Fern 200000 2014/02 240000 20%
Salvestrin Point 191000 2014/03 230000 20%
Fiorello 213000 2014/06 230000 8%
Kachina 200000 2014/06 250000 25%
Chastine 135000 2015/02 150000 11%
Calamint Hill 209000 2015/04 220000 5%

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