Nevada - Real Estate
Move to Nevada
From major metropolitan areas to secluded mountain retreats, the Silver State has it all. There is plenty to entice newcomers, from the hot, mild weather, the expanding job opportunities and the excitement and entertainment afforded by Las Vegas, Reno and other cities. If you are moving to Nevada, then you will be just borders away from other popular states like Oregon and Idaho located to the north, California to the west, and Arizona to the southeast, which borders with the Colorado River and Utah to the east.
The median sales price of a single-family home in Las Vegas is $310,000. Statewide, Nevada has a median housing value of $168,000. The Reno area is also affordable with a median home price of $292,300. Developers continue to introduce new residential, commercial and retail projects to the region. Consequently, housing market values are still rising even though new homes are being built. Nevada has an extremely beneficial cost of living, well below the national average; it also boasts no state income tax. Las Vegas is the state's largest city and, with a population of more than half a million, one of the fastest-growing metro areas in the United States. The pristine beauty of Lake Tahoe also offers hiking and water sports in the warmer months and skiing in the winter. The overall cost of living is 20% below the national average. All in all, whether you are an outdoor enthusiast seeking extreme adventures, a retiree, or a young family looking for safe neighborhoods with fine schools, Nevada is the place for you.
The majority of residents live in Las Vegas, Reno, Lake Tahoe, Carson City and a few other locales. Nevada offers a large number of family-friendly, safe neighborhoods and communities plus an array of recreational activities ranging from fishing and boating to backpacking in pristine wilderness areas stretching from majestic snow-capped mountain ranges to the illusionary red rock desert. Another draw is the high quality of life afforded by its low tax rate, strong business climate, great weather and variety of recreational venues.
Affordable housing, a strong job market and an even stronger tourist-driven economy have contributed to rapid growth in the state of Nevada. Newcomers generally have an easy time finding employment. The tourism associated with Nevada's lucrative gaming destinations accounts for the strongest factor in the state's economy. Outside of tourism, agriculture and manufacturing are important contributors. Nevada's leading agricultural products are cattle, hay, alfalfa seed, barley, wheat and potatoes. Manufactured products include gaming equipment, lawn and garden irrigation devices, titanium products, seismic and machinery monitoring devices, and specialty printing. Nevada is also home to the University of Nevada at Las Vegas, Nevada State College at Henderson and Community College of Southern Nevada.
By moving to Nevada you will find it is a place not only of lights but also beautiful snow capped mountains, grasslands and desserts. The northern part of the state experiences hot temperatures in the summer and sub-freezing temperatures in the winter. The eastern parts of the state receive more summer moisture and have a slightly more grassy terrain. The southern third of the state, including the Las Vegas area, receives less precipitation in the winter, hotter summer days and colder winter nights.
To learn more about specific communities in Nevada, request a Free Relocation Packet prepared by a HomeRoute Preferred™ local community expert. This exclusive guide will be customized to your specific home search and help you prepare for your upcoming move to Nevada.
Information provided courtesy of HomeRoute.