North Las Vegas Continues Strong Growth by Blanche Evans
North Las Vegas Realtors report a continuing housing boom with new homes available in all sizes and price ranges. "North Las Vegas is the Valley's currently fastest growing area," says Realtor Demetria Kalfas-Gordon. "The current growth and expansion to the north is visible from every roadway. Home values are excellent since you can buy more home for your money in comparison to other parts of town. Builders cannot keep up with the demand with communities having nine to 15-month waiting periods. Resales are selling at record paces as they are gobbled up within days of listing. This area offers homebuyers a chance to live away from the hustle and bustle of the city, yet live close enough in proximity to major shopping and outdoor activities." Says Realtor Jimena Paridee, "North Las Vegas is a growing city waiting to be discovered! According to the U.S. Census Bureau, North Las Vegas is the 5th Fastest Growing Large (population of 100,000 or more) City in America for the ten-year period of 1990-2000 with an average annual growth last year of just about 10 percent. "According to the City of North Las Vegas Demographer, North Las Vegas is expected to have a build-out population of 511,812 by the year 2020 (includes land not yet released by the Bureau of Land Management)," explains Paridee. "The highly anticipated master-planned community Aliante will provide over 400 acres of parks and open spaces, a fire station, plenty of retail space, and it has plans for a 400-room Casino. Aliante is expected to be home to over 20,000 people upon completion. It's divided into two sections, its Primary Village being built by KB Homes, Pulte, Pardee and DR Horton and its Active Adult Village, Sun City Aliante, built by Dell Webb. It will be the first truly master-planned community of its size in North Las Vegas encompassing over 1900 acres of land with a price range of $130,000 to $270,000. "The community will include a 20-acre Nature Discovery Park based on a Disney Concept sure to entice children and grown-ups alike," she adds. "There will also be an 18-hole Municipal Golf Course located at Sun City Aliante that will give tee-time priority to residents of North Las Vegas. There are volleyball courts, tennis courts, soccer fields, a man-made lake and an amphitheater for all of the residents' outdoor needs. Sales of new homes in North Las Vegas are expected to be at an all-time high. A great number of people are getting in on the ground floor of this new development that is sure to bring amazing opportunities for home buyers and businesses alike in this growing city." "North Las Vegas is working hard to overcome it's reputation," says Realtor Pete Falger. "It has become a wonderful community, particularly the farther north you go. This is where you can get the best value for your dollar, in that homes are selling for somewhat less per square foot here than in the rest of the Las Vegas Valley. In addition, there is now the newest large development in the county, Aliante, which is located at the top of the new beltway that was built to move traffic more quickly around the county. Falger suggests, "Our population is continuing to grow at a pace that is keeping us in the top five areas in the nation. North Las Vegas is no exception. One difference between some of the builders in Aliante and the rest of Las Vegas, is that they will release lots on a first-come basis, and do not have a waiting list. If you are interested in new construction, and don't want to wait, see us, so that we may help you get that lot and home of your dream without waiting a year or more." "North Las Vegas is a community of newer homes," he says, "for the most part, again because the growth has been in the north part of the city. Currently, over eight percent of the homes in the county are located in North Las Vegas." |