House Shopping In Las Vegas

We had some time to kill before hopping on our flight back to Vancouver so we decided to do a little house shopping. It’s always interesting and fun to see what is available in other markets and compare it to the home market.

The development we saw was call Finisterre, an exclusive private, gated, infill community featuring 95 large lots ranging in size from 7,000 square feet to over 1/4 acre. Located between Warm Springs and Windmill on Bermuda, Finisterre is just minutes from the Las Vegas strip.

The community features one and two story homes ranging from 3003 square feet to 4086 square feet. The four floor plans have up to five bedrooms and three and a half bathrooms and offer a wide array of standard features, including raised panel maple cabinetry, maple hand rails, four-bay garages, covered patios and walk-decks, granite countertops, and upgraded flooring. This video features a 4 bedroom, 3,500 square foot home.

Buying a home in Vegas really isn’t a bad idea. Many of the major conventions that I attend are held there. Sarah said it would make a good winter home. One thing for sure, I wouldn’t want to spend summer in Vegas. There is hot and then there is Damn Hot!


82 thoughts on “House Shopping In Las Vegas”

  1. Bruno Silva says:

    So, did you actually buy it? :p

    1. He might be just thinking.

      But after all, whats wrong on hot and damn hot John? I mean, there is HOT even if you walk through the streets and becomes damn hot from the hotties walking the streets? 😛

    2. John Chow says:

      No I didn’t buy it. We had to catch our flight. I’ll look at them again when I’m down there in Jan.

      1. Gary R. Hess says:

        Would be a good idea anyway, especially if you changed some savings to canadian dollars… the US dollar seems to be on a slippery slope, maybe your money will be worth even more in January.

        1. Very sound advise. The Canadian dollar will buy many more US ones than now and to that extent, for Johh it will be cheaper!

      2. What does a 3,500 sq. ft. house go for in Las Vegas, anyway? I live about 20 miles north of the city in Atlanta and I’ll bet it would be half price.

        1. Michael Kwan says:

          Nevermind. I just watched the vid.

    3. I don’t think so he’s not that rich remember you can’t depend to mush on online money “it comes and then it goes” as they say

  2. Mayo says:

    Geez my family house in Croatia costs that much and it is no where at par to that…
    😥

    1. Croatia is beautiful, is the house near the coast? You are right tho, even tho Croatia is walking toward EU and has beautiful touristic places it is really damn expensive.

      1. Mayo says:

        It’s in wide-area commercial place, the house is near the one of the main streets in the city so the land is pretty expensive. If it was near the sea it would be worth several millions of dollars.. Even now the house is reaching cca. 600-700k$US and it’s not it’s best condition, with the popper future investment and refurbishing it will probably reach over one maybe even two million dollars (the house has the similar 3500 sq ft + 14000-18000 sq ft of surrounding lot). The properties here are pretty darn expensive and they will surely not go down in the near future esp. when Croatia enters EU.

        1. BareFly says:

          Whoa! Didn’t have any idea on that part 😯 ill check out croatia when I’m going to take a trip to europe.

          1. Mayo says:

            You sure do! The coastal area is beautiful, esp. the islands although the continental area isn’t that bad either but i like more the coast(everybody loves the coast 😈 ).

          2. Yes, all my friends that have been to Croatia have loved it. I live in the Uk so it is not that difficult to get there at all!

    2. Klaudio says:

      So where you have this house?
      The prices of the parcels of land in Zadar (coast) increased more than 400% since 1995.

      Best regards 🙂

      1. Mayo says:

        Rijeka. The prices are going through the roof… But this is the global phenomenon, there are few countries in the world now where you can get cheap housing now.

        1. No, actually, with the US subprime problem cropping up the market for real estate, almost everywhere have become static or even declined. The drop in dollar value has contributed to this also. Your place must be an exception due to some other factors.

          1. Mayo says:

            Nope, everywhere else but US and old EU member states (depends) the prices are going up. The “transition” countries are going into boom time, it will surely go into saturation some time soon but it will be delayed by few years. Here in Europe we do not have cheapy-cheap loans for housing (but it is going to trend), we have lots of savings here, although the avg. monthly paycheck here is cca. 600-700$US we have in bank savings cca. 15-20 billion dollars on total of 4,5 million citizens of that are under 700 k active workers, but we have external debt of almost 40 billion dollars of foreign debt so this could crash the economy here but i doubt it would happen some time soon. The fact is just that in most of Europe you got to vouch it with quality paycheck or/and good savings account.

            All this sh#t in US would not happen if there were the proper measures for getting loans. Wikipedia: “Subprime lending, also called B-paper, near-prime, or second chance lending, is the practice of making loans to borrowers who do not qualify for the best market interest rates because of their deficient credit history. “

          2. Mayo says:

            Umm i must mention that here is speculative market but the prices wont drop that sharply after the bubble will burst. Good development property land in quality area will not drop here in Croatia under 200-500$ per 10 sq ft in coastal area or in bigger cities, of course you will still find cheap devel. land outside of centers of cities but here we like to have all necessities 10 mins. from our home and for that you have to pay premium, the show house that John visited is pretty close to the center taking the price so it’s a good buyers market there.

  3. TDave00 says:

    You could always buy it and have a management company keep it rented out for the months/weeks you don’t spend there.

  4. SeoVibe says:

    Vegas is great. If you move to the area be sure to check out communities just North of Los Angeles too. Being near L.A. and a couple of hours drive from Vegas, SanDiego, San Fran, Anaheim etc has its definite advantages. Prices are coming back down to earth a little around here now too.

    1. SeoVibe says:

      btw – I added a house valuation widget to a local city site I recently launched, it shows a ton of detail for whatever address you enter. Take a look at the houses just 10 minutes from where you were John. House Prices Calculator

      (p.s. – the data shows that houses you looked at dropped by $27,000 in the past 30 days, time to buy!)

  5. Rock says:

    I have had family in Las Vegas since 1979 and they can’t wait to get out. It is growing out of control, and definitely isn’t what it used to be.

  6. It’s true – The Vegas Housing market has been cool for months. Definitely becoming a buyer’s market. As construction slows and Nevada starts to recover from the sub-prime & interest only fall out, it will be even more appealing to potential buyers.

    My advice- Wait a few months.

  7. ONwebCHECK says:

    wow! a really nice house! I like big houses with many rooms. But the furniture I would change….

  8. Nice house. I like the rounded doorways.

  9. Gary Lee says:

    Southern California is the place to be. Vegas is only a 45 minute flight away! But if you do buy the house, I know Danielle and I can just go over and take care of it for you during the summer 🙂

  10. KNau says:

    Three words: No Income Tax :mrgreen:

  11. Dice says:

    How dare you to make fun of US dollar! 😉

  12. Speaking of winter homes… I’d actually move to Vancouver for my winter. Winnipeg winters are brutal compared to you guys on west. There were a few days when it got to -52°C last year. 😯

  13. Domtan says:

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

    1. John Chow says:

      The ones in West Van are built to a higher quality level, but man, you pay for it! I do prefer the West Van ones.

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

    1. John Chow says:

      That’s a WordPress stat counter.

  15. Steve says:

    And how much is a place like that in Vegas?

  16. Zac Johnson says:

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

  17. thirstan says:

    :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. 😀 😆

    thirstan
    feeling helpful today…

  18. 3cpxbro says:

    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?

  19. 3cpxbro says:

    Jan in Vegas – CES?

    1. DG says:

      Jan in Vegas – AEE!

  20. GPT Sites says:

    You think Vegas is hot?
    Come down to Arizona.

  21. Sergio says:

    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.

    1. Yes, if you are free of debt you are alright for some time. The market will pick up. Las Vegas will never see recession as it is understood elsewhere. It will always attract floating population that will keep its economy up!

  22. Mike says:

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

    1. Kym Huynh says:

      Keep on dreamin’ the good dream! 🙂 All the dot com moguls all had to start somewhere as well… and they got there cause they kept on truckin’. Best of luck.

  23. Gyutae Park says:

    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.

    1. Kym Huynh says:

      You never know… maybe John Chow will have his own MTV show eventually haha. That would be the cherry on the cake.

  24. Mike Huang says:

    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

  25. 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.

  26. How much $ are we talking?

    1. Gyutae Park says:

      600k, less than a million

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

    1. Kym Huynh says:

      But also extremely fun. What can I say… we all pay the price for fun sooner or later… in the most weird an wonderful ways. Looks like something that might be a plausible idea anyway given how much John says he travels back and forth… unless he can get a hotel to sponsor him. 🙂

  28. 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.

    1. Kym Huynh says:

      Congratumalations to you! Like Problogger says… ride the wave of success in your current venture… but always be on the lookout for the next thing and see how you can leverage your current success. Maybe this is just John’s way of diversifying his portfolio… 🙂

  29. 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.

  30. Al Young says:

    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.

    1. johnny card says:

      yeah, but remember, john chow is making american money.

      1. Kym Huynh says:

        God bless the American monies. 👿

  31. Kym Huynh says:

    Nice one. We’ll have have a bigass John Chow house warming when it occurs haah 😀

  32. 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.

    1. Kym Huynh says:

      Easy solution… turn the air con on!

      It’s gettin’ hot in here… so turn the air con on… I am.. getting so hot… I’m gonna turn the air con on!!

  33. Leo says:

    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.

    1. John Chow says:

      Isn’t $300,000 CDN equal to $3 million US now? :mrgreen:

  34. Etienne Teo says:

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

    1. Kym Huynh says:

      Yeah and think… in Vega. VIVA LAS VEGAS BABY!!

  35. Gina says:

    How old are you, John?!? And you’re already looking to becoming a “Snow-Bird”? 😆 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.

    1. Kym Huynh says:

      I remember jumping down into Pheonix. It was waaaay so hot then hmm… and we jumped down from a really small plane.

  36. Nabloid.com says:

    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).

  37. 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

    1. Kym Huynh says:

      Hey! Great to see you evolving with the times haha. In addition to it being majorly fun… it’s just awesome to flip open the laptop anytime… so arty and cool 🙂

    2. Nice to come across a man who made it the hard way in this forum! Good for you.

      1. Kym Huynh says:

        Wheeee are you talking to me? o_O

  38. Chris MynMkr says:

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

    1. Kym Huynh says:

      Yeah I totally agree haha. Money makes the world go round… lets you buy lots of nice things… and makes people deliriously happy woooo.

  39. Joy Smith says:

    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

  40. Robert says:

    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.

    1. Kym Huynh says:

      No kidding… hey you and John Chow could be neighbors… and do neighborly things… like… accept each others letters and never give them to the right people.

  41. bloggernoob says:

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

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