Should I sell my Paradise house as-is or fix it up first?

Fix only what will add more to the price than it costs. Sell as-is when the work would be large, slow or uncertain.

Older homes are the norm in Paradise and Southeast Valley. In our sample, three of four 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, 19.9 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 Paradise?

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 listing adds preparation, showings and negotiation up front, then the buyer’s inspection, appraisal and loan approval, any of which can push the date or end the deal.

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 Paradise house off-market?

Privacy, no repairs and a closing date you choose.

  • 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 Paradise?

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.

The Paradise numbers worth watching are time to contract, price cuts and what similar homes closed at, all of which a local agent or the public sale records can supply.

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

What does it cost to sell a house in Paradise?

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.

On federal taxes, the IRS says an owner who owned and lived in the house as a main home for two of the five years before the sale may 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 Paradise 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.

You will know in writing who the buyer is before you sign anything.

How does Paradise compare with nearby neighborhoods?

MacDonald Highlands and Green Valley Ranch, 6 miles away, counts 19 older homes among the 41 we sampled. Anthem, Seven Hills and MacDonald Ranch, 7 miles away, shows one older home among the two we sampled. Lake Las Vegas and Cadence, 8 miles away, has four older homes among the 11 we sampled. Paradise ranks tied for 357th 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 Paradise sell for less than new construction?

In our sample, yes. The average price of older homes in 89120 was 19.9 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.

Paradise and Southeast Valley by the numbers

Older homes
3
of 4 homes sampled, built 1980 or earlier
Share of older homes
75.0%
Nevada 45.2%. Index 49.0%.
Older vs new
19.9%
Older home price as a share of new construction
National rank
#357 (tie)
of 1,192 ZIP codes
State rank
#8
of 17 in Nevada
Minimum lot
19,166 sq ft
As recorded in the source data

Of the four homes in the Address District sample for Paradise and Southeast Valley (89120), three were built in 1980 or earlier, a share of 75.0 percent. That places 89120 tied for 357th of 1,192 ZIP codes nationally for the number of older homes, and eighth 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.

With four homes in the sample, read these figures as a snapshot of the homes sampled rather than a measure of the whole ZIP code.

How 89120 compares

Share of older homes

Homes in the sample built in 1980 or earlier

89120 Paradise and Southeast Valley75.0%
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

89120 Paradise and Southeast Valley19.9%
Nevada median14.1%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
89012MacDonald Highlands / Green Valley Ranch edgeHenderson, NV6 mi2346.3%
89052Anthem / Seven Hills / MacDonald RanchHenderson, NV7 mi76250.0%
89011Lake Las Vegas / CadenceHenderson, NV8 mi23736.4%
89141Southern HighlandsLas Vegas, NV9 mi20871.4%
89113Southwest Valley / Spring ValleyLas Vegas, NV9 mi76250.0%
89002HendersonClark County, NV10 mi69025.0%
89117The Lakes / Peccole RanchLas Vegas, NV11 mi378100.0%
89135Summerlin SouthLas Vegas, NV14 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%
789011Lake Las Vegas / CadenceHenderson, NV11436.4%
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.