Can I Sell My House in The Lakes and Peccole Ranch Without Listing It?

Should I sell my house in The Lakes as-is or fix it up first?

Make the inexpensive, visible repairs an inspector would flag, and skip the big projects. Sell as-is when the work would cost more, or take longer, than it would add.

Older homes are the norm in The Lakes and Peccole Ranch. In our sample, three of three homes were built in 1980 or earlier, so an older house there competes mostly with other older houses. Older homes there hold more of their value against new construction than the Nevada median, 21.5 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 The Lakes?

As fast as the title work allows, if you sell privately. You and the buyer set the closing date, and the title search and Nevada’s closing documents set the floor.

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 house in The Lakes off-market?

Discretion, no preparation and control of the calendar.

• No public listing. No MLS listing, no listing photos and no open house.
• The house as it stands. No repairs, no staging and no deep clean before closing.
• Your date. Close in a few weeks or a few months, whichever suits your next move.
• One counterpart. You deal with one buyer, not a run of showings and counteroffers.

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 The Lakes?

Usually when the sale fits your life rather than the headlines. Your next move, your finances and the state of the house matter more than the month.

If you want a market signal, compare recent sales of homes like yours in The Lakes with what is still listed. When listings sit longer and prices get cut, buyers have the upper hand.

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

What does it cost to sell a house in The Lakes?

Commission first, then transfer taxes, title and closing fees, and the repairs or credits a buyer asks for after inspection. Address District charges 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 house in The Lakes off-market work?

In four steps, with no listing and no showings.

1. You tell us about the house, by the offer form or by contacting us.
2. Someone on our team reviews the house and the neighborhood and may ask to see it.
3. You get an offer, with no obligation to accept it.
4. If you accept, a title company or closing attorney handles the closing on the date you choose.

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

How does The Lakes compare with nearby neighborhoods?

Summerlin South, 3 miles away, counts seven older homes among the 47 we sampled. Southwest Valley and Spring Valley, 3 miles away, shows one older home among the two we sampled. Southern Highlands, 9 miles away, has five older homes among the seven we sampled. The Lakes ranks tied for 378th nationally for older homes, behind two 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 The Lakes sell for less than new construction?

In our sample, yes. The average price of older homes in 89117 was 21.5 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 three 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.