We know from the numerous inquiries and sales that an influx of homeowners from Los Angeles relocating to Las Vegas and Henderson is on the rise. We wanted to offer you some data showing just how much more of a house you can buy in the Las Vegas Valley.
The Review Journal scouted Zillow.com to unscientifically compare houses a buyer could get in Las Vegas or Los Angeles for $680,000 — the median sold price of existing single-family homes in the Los Angeles metropolitan area in March, according to the California Association of Realtors.
The homes in Las Vegas would in general be more current and, much of the time, bigger than homes in Los Angeles. Most had bigger yards. Outside conveniences, for example, covered decks and pools were bound to be found in Las Vegas. And keeping in mind that central air is almost general home apparatus here, that is not so in Los Angeles.
However, none of this is any mystery, and the distinction turns out to be considerably more intense when living expenses are figured into a homebuying choice.
Moving to Las Vegas is appealing to Los Angeles residents because it’s more affordable. For many, Las Vegas also is familiar territory.
It’s somewhere friends come all the time, so you don’t feel like you’re moving to the wilderness.
Here is a house in Torrance, CA listed for $670,000 It was built in 1956. 1,080 square feet with 3 bedrooms and 1 bath.
Or this one in Van Nuys for $689,000. 1,151 square feet with 3 bedrooms and 1 bath, built in 1950.
Now look at the list of 15 homes for sale below in the Las Vegas/Henderson real estate market. They are priced between $670,000 and $690,000, the price range of the Los Angeles homes above. You get much more of a house in Nevada vs Los Angeles.