Rural Communities Offering More Bang for Buck
Rising property prices, escalating construction costs and a shrinking local land inventory have many homebuilders looking to rural communities surrounding Las Vegas for their next possible build sites. After all, the land is still cheap and plentiful. Local officials are welcoming. Permitting is faster. And there are fewer water restrictions.
Many builders believe that people will be attracted to the idea of getting more bang for their buck. The Las Vegas Business Press takes a look at the issue in their article, “Homeowner affordability fuels suburbs”.
So, the big question becomes, will homebuyers be willing to drive that extra distance for a larger lot and bigger home that’s 40 to 50 percent cheaper?
For more information, contact MillionSaverHomes.com a local Las Vegas real estate broker at 702.212.3513.
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