Great video and info. Unfortunately, homes here have now become unsustainable for many. You can’t have NY-Cali prices when wages are drastically low, and not even keeping up with COL. These home prices are now geared towards out of state folks. Yes, having lower taxes is a great incentive to move here. But also means less funds available to keep everyone/property safe. Sadly crime has risen at astronomical levels with the increase of people to the State. The water issue here is concerning too. We have only been here 5 years and may consider leaving. We come across more folks each day that are thinking the same.
@SuniSkys78 : I can certainly understand how you might feel this way. I wouldn't jump ship just yet though. Clark County Nevada actually has great quality of life. I can tell you from experience I've lived in almost every climate you can image. Pacific Northwest and depressing rain and gray skies for 9 months out of the year with snow in December. Florida with the oppressive humidity and also a lot of rain. Southern California (LA County) with all the smog so thick you can cut it with a knife. San Fransisco with the outrageous prices! San Diego probably has the best weather in the USA and next is Las Vegas! Here we have no snow, no humidity, no natural disaster threats. Where in the USA can you escape to the tall pine trees in the snow capped mountains (Mt. Charleston) in the morning and then in the evening see a world-class show and eat at a five diamond restaurant, and stay in a luxury resort? There are still plenty of safe places to live in Clark County. Henderson is consistently ranked as one of the safest cities in America. Summerlin and Centennial Hills has safe areas to live. As far as the drought is concerned. I think if anyone should be concerned it would be big business because they have millions upon millions to loose. It doesn't look like they're worried. In fact Station Casinos is building a nice multi million-dollar lifestyle resort near Durango and the 215. I don't think they'd be investing that much money in Clark County if they were afraid that the drought in our city won't be solved. For a while after I moved here I had the same mindset that you do now. It was because I was being drawn to all the negativity, focusing on negative news. Remember, there is crime, poverty, homelessness and drugs everywhere, in every city. You can't escape it no matter where you live. However, If you focus on all that, it grows and becomes larger than life and can overwhelm you and depress you. I encourage you to focus on all the great aspects this city has to offer, and go out and enjoy them to the fullest. As far as affordable real estate is concerned, you'd be surprised what you can find that's in your price range once you dive deep with your agent and search! I feel confident if you're looking for a property to buy, you will find it. It just might take a while! --- Cheers!
@@beninformato9040 Thanks for your response. You sound like my daughter lol. All kidding aside, that’s a really good perspective and you have given me a lot to consider.
@@suniskys78 : You're welcome. One more point I will leave you with ... You can't take on the world's problems in your head. Doing so will just cause a heaviness of heart, worry, sadness and grief. That's no way to live.This is something I've had to change in myself as well. Let those in charge take on that responsibility. That's what they get paid to do.
Moved to Thailand. 1 bedroom apartment with kitchen, pool, gym, steam room and security $300/month. Electric $90/month. Water $7/month. Health insurance $180/month. Dozen eggs $1.50. Meals start at $1.50. Cellular unlimited data $7/month. If you have a drinking problem don’t come to Thailand, I’m surrounded by 200plus bars in this city with pretty girls calling for us to stop and drink… and many times they offer more than just drinks😳.
Great info in this Video. My wife and I are thinking of buying a place in Henderson as snow birds in the next couple of years from Canada. Thanks for the information :)
Hi Jon! Thanks for watching! We’d love to help if you ever think of making that a reality. An excellent option to consider would be a medium term fully furnished rental. Let us know if you need any info 😊
Great video! Easy to understand, informative and really helpful. We live in VA currently and will pocket a lot more $$ than we do here, just in taxes! We were thinking new construction only, but we're actually now considering existing homes in a nice area/neighborhood because we can always renovate. The Henderson area is really sounding good and it isn't even what we looked at when we visited last year.
Thanks for watching! I’m originally from VA and yes you will definitely save money on taxes. Henderson really is a great area. I would love to show you some existing homes when you come back to Las Vegas!
I moved from Southern California to Henderson. Everything is cheaper here except car insurance, car registration and homeowner insurance which are a bit more here. Also something that may not be apparent right away. The price of new cars at dealerships here is higher than what you can get in CA (even now).
So it’s basically at California price. The groceries are high, these homes were affordable in the past whoever buys at today’s prices you will be in for a rude awakening. Glad I didn’t move there. The lake will soon dry I really doubt these ladies will be around then…..
this video was outstanding thankyou very much, Prices have gone mad everywhere, soemthings gotta give! Your water is super high imo and car registration and insurance, ugg. I always wanted to move to vegas area but now I am older and ahhhh not so much. Thank you again this was a great great informative video!
The perfect time to move to Henderson, we get good eats in town, and always ranks in the top 20 towns to retire to, love the strip view in my backyard, and Harry Reid we can get anywhere by air.
Great video! You covered all the bases. Property insurance is one of the lowest in the USA. New construction you will pay your tax rate pretty much on the sales price of the home. For a resale property the tax that is baked in gets transferred to the new buyer and can only increase by 3% per year max for owner-occupied buyers! One thing I think you forgot to mention is HOA fees! Great work!
Yes! You’ve got the property taxes down. They can be a little confusing to people. It’s on our list of videos to create. Thanks as always for watching and for the comment!
I make close to $440K a year as an airline pilot, living in Northern California (San Mateo)... I feel very lower middle class out here where the average Apple, Google or Facebook engineer makes $250K/yr... my 23 year old condo costs $1.3M with an HOA of $655/mo for crap amenities .. my state income taxes are about $3700/month, my gas is $6/gallon, my sales tax is 9.75% ... I think it's time to do the sensible thing and move to Vegas.. Plus, this way I can keep my gun in my glovebox and not be a felon. BTW, checked online and my 2020 Porsche 911 will cost $1700 to register vs $1200 in CA, and my 2022 Suburu Outback $895 vs $650... and my USAA insurance rate will go up almost 60% .. insane!
We've had a many of our clients moving from California say that the savings in state income taxes alone covers their mortgage payment. Everything is relative, isn't it?!
Great video as I have been a solid resident of Las Vegas for over 12 years now. I still believe that people fail to do any research when moving to Las Vegas or Henderson!!!!!!! Kudos :)-
It’s been 9 months since this video was made, have you folks seen prices coming down a bit? (Love your videos by the way) we are planning to move to Henderson from Hawaii!
Thank you for watching!! Median prices are the exact same as this time last year. We predict prices to stay pretty steady over the next few months. Rents are coming down though!
Hay, pretty ladies. …… thank you for these good info & great videos, good job and very applicable stuff, have a nice cool day (pls don’t go above 100*degree), haha !
The car registration thing is ridiculous. That needs to be revamped. Seems like some things are cheaper like property taxes but they get you in different areas like vehicle registration and fuel prices. So much for me being a car guy with 3 cars. I'd be paying through the nose.
Don’t worry ladies it’s coming back with rates at 7% or higher who is selling what You got to be an idiot to buy in this market as wealthy as one can be still a horrible decision most of the homes in Las Vegas, and Henderson are like papier-mâché unless you have a custom house like mine in the ridges, which is worth it’s weight in gold
I'm getting ready to buy right now (I've lived in Henderson, North Las Vegas, and Las Vegas)... trying to get back to Henderson - but the price is discouraging, but maybe I just need to bite the bullet. I am so tired of the noise and street racings. :(
Have you thought about new construction? We're negotiating great prices and incentives for our clients right now that makes new construction more doable than resales. Would love to help if you don't have an agent :) info@thethomasgrouplv.com
As a houseless van lifer, can you recommend areas of Henderson that would be appropriate for my lifestyle? I have a fixed income of about $1900 per month and looking for a stable environment.
Electric rates are .14.5kwh. in Henderson. Compare that to CA where SCE has a three tier use starting at 31kwh, then to .40kwh and then to .50kwh at the highest usage. I can usually stay in tier 1 but that's still more than double Nevada's price. Time of Usage plan is useless too in CA. It really does not save anything and can ultimately cost more.
Low property taxes on older homes are a vastly underappreciated benefit of buying a house in Nevada. My internet bill dropped from over $100 a month with Cox to $50 with Verizon 5G for home. It may not be the fastest but it does the job just fine for streaming and home security video. Sure prices for rent and housing have gone up but if you already have a home here, where are you going to move out of state that is cheaper? Texas? Check out their crazy property taxes first. Florida? Just try to get flood and hurricane insurance. Arizona? They have some income tax and it is even hotter there! No thanks. I love Henderson. When I lived in California I ran into people several times that lived in Henderson and they all loved it here. They only moved out because their jobs changed.
That minimum wage amount is horrible. Wow. Median home income is 80K but prices are 500k? So the average family couldn't afford the cost of ownership. If I decide to move there, the home will have to have Solar to offset the electric cost. Yet, there is nothing you can do about water, even if you have hard water problems. My Mercedes registration in WI is $115 annually. I cant imagine what it will be in Nevada. Overall, great video. Great information.
Don’t buy they are priced at New York California High it’s not affordable and food groceries are super high, they will soon rise again. Another reason is that Las Vegas Paradise Henderson whatever are you live is now bigger than Lake mead so do the math and when become dry ( no water) you have trapped yourself there.
San Diego offers me free health insurance, free internet, free mobile phone, free auto insurance, free utility bill, free grocery, plus affordable housing for seniors. Does Las Vegas offers me these goodies???
It's not cheap anymore.. It was worth living there when it was cheap but if you're going to pay these ridiculous prices you might as well live in San Diego because Las Vegas is still and will always be a complete shit hole.. Sinatra must be rolling in his grave right now 😢
