Centennial Hills Homes

Owning vs. Renting?

Don’t throw your money away

Tax benefit

Fixed housing expenses

Freedom to enjoy your home

Property investment

Generally, the Homes in Las Vegas market allows  about  10% appreciation rate per year. Sometimes, depending on market conditions, this could more or less. Last year we've seen it up to as high a 18% here in Las Vegas. and currently even with the the market taking a down turn we are at about 8%. Neighborhoods, region, and city have a direct impact on the overall rate as well.

At first glance this may not seem like very much. But let’s use an example of how this works:

Lets say you buy a home for $200,000 and you put 20% down, financing the balance of the purchase. So you have invested $40,000 cash from your pocket. Using a 5% appreciation rate, in the first year you lived in your home, you will have made $10,000. So, your annual return of investment is an amazing twenty-five percent. Now, you might be thinking of your monthly expenses for the mortgage. But remember, interest and property taxes are tax deductible. Buying property in Las Vegas is a win-win situation. 

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Written By The Roberts Team