Should I sell my Lake Las Vegas house as-is or fix it up first?

It comes down to whether the repairs add more than they cost. Small, visible fixes usually do. Remodels usually do not.

Newer homes dominate Lake Las Vegas and Cadence. Only four of the 11 homes in our sample were built in 1980 or earlier, so an older house stands out, and buyers will set it against move-in-ready neighbors. Older homes there also sell at a wider discount to new construction than the Nevada median, 11.1 percent against 14.1 percent.

More in Should I Sell My House As-Is or Fix It Up First?

How fast can I sell my house in Lake Las Vegas?

Off-market, on the date you choose, whether that is a few weeks out or a few months, once the title work and the documents Nevada requires are done.

A listed sale usually takes longer, because the house has to be prepared, shown and negotiated, and the buyer’s inspection, appraisal and loan approval can still undo the deal late in the process.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

What are the benefits of selling my Lake Las Vegas house off-market?

You skip the listing, the showings and the repairs, and you set the date.

  • No listing. Your home never goes on the MLS or the listing sites, and there are no open houses or showings to strangers.
  • Sell it as it is. No repairs, staging or deep cleaning before you sell.
  • Your timeline. Choose the closing date that works for you, whether that is a few weeks out or a few months.
  • One buyer, one conversation. You deal directly with the buyer, not a string of showings, counteroffers and second rounds.

What you give up is reach. A listing shows the house to every active buyer at once, which can lift the price in a strong market. Should I Sell My House Off-Market? sets out both sides.

Is now a good time to sell my house in Lake Las Vegas?

It depends more on your plans than on the market. The right time is usually when a sale fits your next move, your finances and the state of the house.

To read the market in Lake Las Vegas, look at how long homes like yours take to go under contract and what they actually sold for in the last few months, not at asking prices.

More in How Do I Know When It’s Time to Sell My House?

What does it cost to sell a house in Lake Las Vegas?

On a listed sale, commission is usually the largest cost, followed by transfer taxes, title and closing fees, and any repairs or credits after the buyer’s inspection. A private sale to Address District has no commission.

Federal tax on the gain may not apply at all. If you owned the house and lived in it as your main home for two of the last five years, the IRS lets you exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

How does selling my Lake Las Vegas house off-market work?

In four steps, with no listing and no showings.

  1. Send us the address and a few details through the offer form, or get in touch.
  2. A person on our team looks at the house and recent sales nearby, and may ask for a walk-through.
  3. We send a written offer. You are under no obligation to accept it.
  4. If you do, the closing is handled by a title company or closing attorney, on your date.

Before you sign anything, we tell you in writing who the buyer is.

How does Lake Las Vegas compare with nearby neighborhoods?

Paradise and Southeast Valley, 8 miles away, has three older homes among the four we sampled. Henderson, 9 miles away, counts one older home among the four we sampled. MacDonald Highlands and Green Valley Ranch, 9 miles away, shows 19 older homes among the 41 we sampled. Lake Las Vegas ranks tied for 237th nationally for older homes, behind one of them.

Every neighborhood in the index has its own page, and the Nevada page lists all 17 in the state.

Do older homes in Lake Las Vegas sell for less than new construction?

In our sample, yes. The average price of older homes in 89011 was 11.1 percent of the average price of new construction in the same ZIP code. The Nevada median is 14.1 percent, and the index median is 23.1 percent. With four older homes behind it, treat the figure as a rough guide.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.

Lake Las Vegas and Cadence by the numbers

Older homes
4
of 11 homes sampled, built 1980 or earlier
Share of older homes
36.4%
Nevada 45.2%. Index 49.0%.
Older vs new
11.1%
Older home price as a share of new construction
National rank
#237 (tie)
of 1,192 ZIP codes
State rank
#7
of 17 in Nevada
Minimum lot
3,485 sq ft
As recorded in the source data

Of the 11 homes in the Address District sample for Lake Las Vegas and Cadence (89011), four were built in 1980 or earlier, a share of 36.4 percent. That places 89011 tied for 237th of 1,192 ZIP codes nationally for the number of older homes, and seventh of 17 in Nevada.

Across the 17 Nevada ZIP codes in the index, 45.2 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.

How 89011 compares

Share of older homes

Homes in the sample built in 1980 or earlier

89011 Lake Las Vegas and Cadence36.4%
Nevada45.2%
All ZIP codes in the index49.0%

Older home prices against new construction

Average older home price as a share of new construction

89011 Lake Las Vegas and Cadence11.1%
Nevada median14.1%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
89120Paradise / Southeast ValleyLas Vegas, NV8 mi35775.0%
89002HendersonClark County, NV9 mi69025.0%
89012MacDonald Highlands / Green Valley Ranch edgeHenderson, NV9 mi2346.3%
89052Anthem / Seven Hills / MacDonald RanchHenderson, NV13 mi76250.0%
89141Southern HighlandsLas Vegas, NV16 mi20871.4%
89113Southwest Valley / Spring ValleyLas Vegas, NV17 mi76250.0%
89117The Lakes / Peccole RanchLas Vegas, NV18 mi378100.0%
89135Summerlin SouthLas Vegas, NV20 mi11314.9%

The top of Nevada

State rankZIPPlaceHomesOlder homesShare
189012MacDonald Highlands / Green Valley Ranch edgeHenderson, NV411946.3%
289511RenoWashoe County, NV191052.6%
389451Incline VillageWashoe County, NV88100.0%
489135Summerlin SouthLas Vegas, NV47714.9%
589705Carson CityDouglas County, NV10770.0%
689141Southern HighlandsLas Vegas, NV7571.4%
889120Paradise / Southeast ValleyLas Vegas, NV4375.0%
989117The Lakes / Peccole RanchLas Vegas, NV33100.0%
1089523RenoWashoe County, NV4250.0%
1189002HendersonClark County, NV4125.0%

All 17 Nevada ZIP codes in the index ›

About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.