Summerlin West Living Bulletin | April 2014

L I V I N G

B U L L E T I N

SUMMERLINWESTLIVING.COM

APRIL 2014

6 Ways to

increase your

home’s value

P L U S : A P R I L 2 0 1 4 S U M M E R L I N W E S T M A R K E T S TAT I S T I C S

RECENT HOME SALES

APRIL 2014

See what your home is really worth at:

summerlinwestliving.com

6 Ways to

increase your

home’s value Las Vegas home prices have risen over % in the past 12 months! If you have the bug to sell your home, you may want to grab a tool belt first. Why? In today’s hyper-competitive real estate market, agents often tell their clients that it’s a “price war and a beauty contest”. So in addition to being the best priced home on the block, you need to be sure that your home also delivers a knockout first impression.

A terrific way to position your home to attract the maximum number of suitors is to provide buyers with a home that is in turn-key condition. A turn-key home is one that a buyer can move into without inheriting a list of unfinished projects. So what are the top ways to increase your home’s value? Let’s take a look: your home only has to be comparable to your 3. LANDSCAPING AND LIGHTING 1. SIDING AND EXTERIOR PAINT neighbors’ homes - it doesn’t necessarily have to Investing in new sod, bark, rock, shrubbery, and surpass them. For instance, purchasing granite One of the fastest ways to make a better first impression with buyers is to paint the exterior of trees can turn a tired looking front yard into an counters may not impress value shoppers and the home and, if needed, to replace the siding. A inviting space literally overnight. In addition, may turn them off if they believe they will have consider how your home looks after dark when to pay more for the home because of the higher fresh coat of paint will freshen up the exterior and modernize the appearance. Just be sure to many buyers are still cruising the streets. cost. use colors that will appeal to the largest number Installing new lighting fixtures can both enhance 6. BATHROOMS the home’s ambiance at night and modernize of buyers. the exterior during the daylight hours.

Let’s face it, we all spend a lot of time in the 2. WINDOWS AND DOORS bathroom. So it’s no wonder buyers want their 4. FLOORING By replacing old windows and doors with stylish new bathrooms to be user friendly. New toilets, Your home’s floors need to be clean, modern, and efficient alternatives, you may be able to tubs, and cabinetry can be a big investment, but attract buyers who may otherwise pass on your and stylish. They should tie the home together small projects like cleaning or replacing tile home only because it is a little more mature than and flow seamlessly from one room to the next. grout, re-caulking, and repainting can make old its competitors. Although the choices can seem bathrooms sparkle. Pay special attention to the 5. THE KITCHEN endless, by carefully reviewing the homes that little things like chipped sinks and tubs, exhaust are actually selling, you should be able to narrow If your kitchen needs a facelift, consider updat- fans that may need cleaning, and dated light down your choices. ing the cabinets and countertops as well as the fixtures. plumbing fixtures. However keep in mind that

FIND OUT WHAT YOUR HOME IS WORTH AT: SUMMERLINWESTLIVING.COM/HOME-VALUES/

For many people dreaming about homeownership, the down payment can be the largest obstacle.

Did you know there are several programs that can help you with the down payment? Imagine reducing the amount of the down payment to an attainable amount! There are a myriad of programs available with a varieny of benefits. NV Rural Housing, for example, offers:

- Down Payment assistance of 4% of the loan amount toward down payment and or closing costs on FHA loans.

- Applicant income can be up to $95,500 annually - Available on primary residences with a maximum purchase price of $400,000 in target areas, depending on loan program - Not restricted to first time homebuyers - Must follow NV Rural Housing program guidelines

NEED HELP WITH FINANCING? Talk To Our Preferred Lender!

At Evergreen Home Loans, we want to help you realize the dream of homeownership! There are many different assistance programs available.

Ask me which downpayment assistance program can make it more affordable for YOU to have a piece of the American Dream!

-Tony Alder

TONY ALDER 702.605.8047 TAlder@EvergreenHomeLoans.com EvergreenHomeLoans.com MLD ID 49078 | NMLS ID 611765

RECENT ACTIVITY IN SUMMERLIN WEST: All Homes Sold in March 2014

Address

Bed/ Bath

Sq. Ft.

Lot Sq. Ft.

Pool/ Spa

List Price

Sale Price

Sold Date

Days On Market

11526 TERMINI STATION AV

5|5

4,446

13,504

Y/Y

$999,999

$960,000

3/14/2014

4

200 VILLA BORGHESE ST

4|4

4,446

11,326

Y/Y

$899,900

$895,000

3/27/2014

46

607 CHERVIL VALLEY DR

5|5

4,428

13,504

Y/Y

$847,400

$810,000

3/31/2014

131

742 CARDILLO CT

3|3

2,634

9,148

N/N

$679,995

$678,175

3/28/2014

32

881 LAS PALOMAS DR

4|4

3,455

6,970

Y/Y

$599,900

$599,900

3/11/2014

30

12247 LA PRADA PL

4|5

2,932

10,454

Y/Y

$575,000

$565,000

3/28/2014

208

12250 TRAIL SPRING CT

5|3

3,147

6,534

N/N

$529,695

$475,000

3/31/2014

140

166 UCCELLO DR

3|3

3,104

6,970

N/Y

$499,750

$480,000

3/31/2014

38

11320 ASILO BIANCO AV

3|3

2,729

7,841

N/N

$450,000

$440,000

3/25/2014

6

11510 VIA PRINCESSA CT

4|4

2,703

10,454

N/N

$424,900

$421,000

3/21/2014

60

11209 ROBIN PARK AV

4|3

2,757

5,663

Y/N

$409,900

$395,000

3/28/2014

13

548 BACHELOR BUTTON ST

3|3

2,470

4,792

N/N

$339,999

$350,000

3/25/2014

4

1036 BONITOS SUENOS ST

3|3

2,046

4,792

N/N

$325,000

$315,000

3/28/2014

6

1024 BONITOS SUENOS ST

3|3

2,046

4,792

N/N

$324,900

$310,000

3/6/2014

19

529 WANDERING VIOLETS WY

4|3

2,480

4,792

N/N

$324,900

$310,000

3/26/2014

50

11164 ROBIN PARK AV

3|4

1,990

3,920

Y/Y

$309,975

$305,000

3/7/2014

36

11753 VIA VERA CRUZ CT

3|3

1,819

4,792

N/N

$299,999

$263,000

3/18/2014

26

1012 BRINKMAN ST

3|3

1,863

3,920

N/N

$299,900

$299,900

3/11/2014

2

916 BARONET DR

4|4

1,990

4,356

N/N

$299,000

$295,000

3/24/2014

5

600 SICILIANO ST

3|2

1,607

4,792

N/N

$279,900

$275,000

3/10/2014

177

FIND OUT WHAT YOUR HOME IS WORTH AT: SUMMERLINWESTLIVING.COM

PRESENTED BY:

Local Postal Customer

PRSRT STD ECRWSS U.S. POSTAGE PAID EDDM RETAIL

Summerlin West APRIL 2014 Statistics FOR

SALE

IN

Escrow

59

23

Properties For Sale

16

Sold In March

62

3

Properties In Escrow

MONTH

49 DAYS

57

30

Sold From Jan To Mar

164

7

Average Days On Market

40

Average Sales Price / Sq. Ft.

DEC 2012 Auction

REO

Short Sale

Non-Distressed

MAR 2014

Las Ve gas Sold Data

See your home’s value at SummerlinWestLiving.com

NATIONAL

Year-over-Year Price Change by State

Dale Snyder

Tony Alder

Principal of Group

Senior Loan Officer

702.625.3202

702.605.8047

DALE@TeamDrivenRealEstate.com TeamDrivenRealEstate.com

TAlder@EvergreenHomeLoans.com EvergreenHomeLoans.com MLD ID 49078 | NMLS ID 611765

Each office is independently owned and operated. This is not intended to solicit properties already listed for sale. This is not intended as a solicitation if you are already working with a Realtor.

©2013 Evergreen Home Loans is a registered trade name of Evergreen Moneysource Mortgage Company® NMLS ID 3182. Trade/service marks are the property of Evergreen Home Loans. All rights reserved. Licensed under: Nevada Mortgage Banker License 3130. Evergreen Home Loans is not affiliated with The Snyder Group. All home loans are processed and funded by Evergreen Home Loans.