Las Vegas Market Watch

Las Vegas New Homes Series

July 03, 2012
By Olga M M Kokubu
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Spanish Style Home in Eldorado

Pardee Homes

The latest offering in the Eldorado Master-Planned Community is Living SmartHomes Eldorado Ridge.  The square footage of the floor plans range in size from 1849 to 3001 square feet.  The one and two story plans include great rooms and bonus rooms.  The number of bedrooms is from 3 to 7. There is an outdoor room option as well. The LivingSmart homes are eco friendly and save you money. The four components of LivingSmart include HealthSmart, EnergySmart, EarthSmart, and WaterSmart. HealthSmart for cleaner air. EnergySmart with technology that reduces energy use and utility bills. EarthSmart for recycled and sustainable sources.  WaterSmart for landscape design that conserves water usage.  LivingSmart homes include standard features such as:

ENERGY

Radiant barrier roof sheathing - High performance insulated stucco system - Sealed ducts - 13-Sheer Carrier Bryant air conditioners with Puron - Low E spectrally selective glass windows - Dual zone air conditioning.

HEALTH

Low-VOC insulation- Grout, paint, carpet pad that reduce off-gassing and contribute to better air quality.

WATER

Delta Water Sense faucets - GE Energy Star dishwasher - Drought tolerant landscaping - Water saving toilets.

EARTH

Plush stain resistant carpeting including Green labeled pad- wood that resists shrinking, splitting, and warping.   There is a limited number of MOVE-IN ready homes including:

Plan 1-A which is an 1849 square foot single story which is priced at $214,625. (3 Bedrooms, 2 Bathrooms, 2 Car Garage, and a large home site.

Pardee home plan 1-A

Plan 2-C which is 2,183 square foot two story which is priced at $236,575. (4 Bedrooms, 3 Bathrooms, 3 Car Garage, Patio Cover, and a large home site.

Pardee Home Plan 2-C

Pardee includes slab granite kitchen counter tops, stainless steel appliances, and birch cabinets as standard features. All PARDEE homes have impressive exteriors like the sampling shown below. The interiors are DISTINCTIVE with tile entries and kitchens, gourmet kitchens, elegant master bedroom suites, and so much more.

Pardee Home Elevation 4

Pardee Home Elevation 1-C

Pardee Home Elevation 4-CR

The outlook on the housing market in Las Vegas appears to be robust with sustained growth.  There were 401 New Home sales in May.  The total of New Homes sold in 2012 is 1,617.  That is 306 more than last year which is a 23% increase.  Starting this month we expect the number of solds to jump to over 500 during the next couple of months. The median price of a new home recorded in May was $193,504.  The number of new home permits jumped to 44%. The following is a list of the builders who pulled the most permits in May:

  1. Richmond America - 109
  2. Pulte/Del Webb - 75
  3. Beazer - 61
  4. Ryland - 52
  5. Harmony - 49
  6. DR Horton - 48
  7. Pardee - 48
  8. Lennar - 41
  9. KB Home - 35
  10. Woodside - 34

Watch for the next New Homes Series which will feature Pulte/Del Webb.

July 03, 2012
By Olga M M Kokubu