House Shopping In Las Vegas

i noticed that you put a lot of real estate clips up john. do you invest in real estate?

Wow, that is right down the street from where I live! As for the heat, it isn't really all that bad. Yes it is 'hot', but with no humidity it isn't bad. We moved from Kansas and my wife and I both lived in Oklahoma, so 80 in the midwest is like 100 here in Vegas. Also, we haven't had the AC or the heat on for almost 3 months now, which is quite nice.

I'm impressed that housing is cheaper in Vegas than where you are from. I love the house, but I wouldn't want to live in Las Vegas. I've been there and done that already. I wonder if I can move that house to here in Kansas? LOL

hey man, if you have the money, why not enjoy it, i see you certainly do! :mrgreen:

Mr. Chow, with all the money you're making, 3400-7000sq ft doesn't seem like a very big deal. My summer home in the vacation/beach area of Delaware is 6600 sq ft and my house in the Daytona Beach area is 4500 sq ft, a block from the beach and a block from the intracoastal. Unfortunately, I need all the space to store my collection of 100+ guitars and my collectible automobiles. Alas, I didn't make my money from blogging or running websites. I did it the hard way by being a senior contract programmer for IBM for 15 years and flipping beach properties in Florida for 10 years and getting lucky on Oracle, Sun, Psi-Net and RedHat stock back in the last dot com bubble. Blogging and running websites is much more fun because I can work wherever my laptop is and thanks to discovering the "John Chow Evil Marketing Techniques", I'm sinning my way to the bank in this part-time venture in my retirement.

btw, don't buy in Vegas unless you intend to get a smaller vacation spot, otherwise it's a crap shoot on the high end stuff. If you're looking for high end, shoot for North Carolina, Delaware and Florida.

Cheers !!!

Dave

Winter Home? You LIVE IN VANCOUVER! It's hot year round in Vancouver man! (Why do you think so many CND hobo's move there? It ain't JUST the drugs.) Vancouver hardly counts as an average Canadian city for weather! It's so warm a lot of Canadians are moving into BC to retire in the warm climate.

PS> Don't buy real estate or USD$ for a while yet, it's not gonna get any better 'till it gets much worse (mainly because of the USD and its extreme weakness).

How old are you, John?!? And you're already looking to becoming a "Snow-Bird"? :lol: The Vegas housing market is pretty similar to that of Phoenix - lots of land, lots of square footage, little money. Even at that, the housing prices have skyrocketed since the '90s. Really, the "low" price is more related to the fact that Vegas, like Phoenix, is inland and nowhere near a coastline.

That is a joke john, $300,000CDN to $3 million US? Anyway that is one nice house for the winter times.

You should buy the house John, so we'll have a place to stay while in Vegas. It's crazy how cheap it is though. My 575 sq.ft., one bedroom condo in Vancouver is now worth $300,000 CDN, maybe more with the way things are going in my area.

Wow, that's a good deal but I'd never would want to "live" in the desert. It gets so hot out there, like 120 degrees in the summer. THat's probably why it's so cheap.

Nice one. We'll have have a bigass John Chow house warming when it occurs haah :D

With the Canadian dollar as strong as it is now, and the real estate market so weak in the States, this this is the perfect time for you to buy. Definitely a buyer's market in Las Vegas.

Oh! And if you think Vegas is hot, just visit any part of India, any part at all (except for the hills) and you will gain new insight into the word 'Hot'. Blistering, benumbing, fatiguing, enervating, aggravating, excessive are just some of the terms that occur to me to describe the heat in India.

John Chow seems to be on a real estate investment line of thought these days? I have always felt that real estate is the soundest of all investments, will give you the most assured returns in the long run. Knowing that i own at least some real estate is a very comforting, secure feeling.

Vegas is a really nice, clean place to live. Extremely overpriced however. One of the biggest hit areas of the housing bubble.

How much $ are we talking?

I would have thought that the houses out there were higher then normal. Maybe its the public water problems they are having out there that lower the values of the homes? Especially with it being close to the strip...I love it out there though.

John,

I love your last sentence. It's just like saying there's stupid and very stupid. Summers in Vegas is just horrible...it feels like you're shoes are going to melt any minute!

-Mike

Nice, that's like a John Chow version of MTV cribs.

Awesome place, but a lot of houses are priced on location - which is why I'm guessing it sells for so cheap. But you're right, it would make a fantastic vacation home if you had the money and loved the sin city.

That would be a pretty cool place to live. Maybe one day, if I become a dot com mogul!

I live in Las Vegas, and yes the summer is extremely hot. The houses are going down a lot so it might be a good idea to buy one (unless they continue to go down). We've lost several thousand dollars because of this.

You think Vegas is hot?
Come down to Arizona.

Jan in Vegas - CES?

Sub-prime problems won't go away for a year or so.
OTOH, for Cdn buyers, snowbirds are starting to buy Florida.
As the Cdn dollar trends higher and US housing prices falls further, I think it's better to wait. If not Vegas, then how about Hawaii?

:mrgreen:
If you are looking to adopt a 46 year old, out of shape and overweight son, I am available. In fact, I would be glad to live in the house and keep it lived in on a year 'round basis for you. :grin: :lol:

thirstan
feeling helpful today...

Sweet house man. Huge house.. cheap price, especially compared to NJ rates!

And how much is a place like that in Vegas?

At least is dry heat in the summer. BTW John, what is up with the tiny smiley face at bottom - center of your site.

Which house felt best, this, or the one you mentioned couple of weeks back, in West Vancouver?