Retirement in Las Vegas
Many Las Vegas retirement facilities offer
an active adult lifestyle. Not only are there places to relax
and enjoy the desert landscaping and weather, but there is no
state income tax in Las Vegas, Nevada. Living the leisure life
has much to offer if an active retiree would like to delve into
such activities as hiking and walking along fitness trails,
swimming or relaxing in a Jacuzzi or sauna, fishing in man-made
lakes, or playing tennis or golf.
There are a lot of quick "getaways" near Las Vegas
that can be reached in one day. Mt. Charleston is about an hour
outside of the center of Las Vegas. Other nearby destinations
includes Pahrump, Laughlin, and the exquisite Lake Las Vegas.
The California border is only a few hours away and heading northeast
will take you to skiing in Utah.
Transportation by air is easy to schedule because of the volume
of tourists coming to Las Vegas. Most airlines fly multiple
routes and there are several shuttles to nearby Phoenix, San
Diego, Los Angeles, and San Francisco.
While some Las Vegas retirement communities are classified
as "Age Restricted", it means that at least one of
the household residents must be over 55 years of age to own
the property. Others do not have this limitation. There's a
wide range of affordable housing in Las Vegas that allows Las
Vegas retirees to decide what kind of home and lifestyle they
would like to live and how much they are willing to spend.
Las Vegas retirement homes usually range between $170,000
up to $1 or $2 million. The average home in a Las Vegas gated
subdivision that offers amenities will most likely average at
least $250,000-$300,000. Condominiums and townhouses are usually
less expensive, and some actually are equivalent to the size
of a home. There may or may not be a large yard, but most of
the maintenance is kept up by the homeowners association. An
expense that needs to be considered as you plan your Las Vegas
retirement is the HOA (homeowners association) fees that could
range between $100-$200 per month. The new luxury high-rise
condos off of the Las Vegas Strip, however, start at $400,000
and will go up to $2 million. It is a resort-like setting with
doormen, shopping, hairdressers, pools, fitness centers and
more.
Homeowners' fees with both detached Las Vegas homes and
condominiums or town homes could also include an additional
"builder fee" in areas such as Del Webb's newest Sun
City in Aliante near the northern part of the 215-Beltway. The
extravagant project is a place where families and retirees,
alike, can live, work and play in a setting that provides activities
for everyone, including a golf course.
If planning to invest in property now as you plan to retire
in Las Vegas, it is a good idea to discuss options with a professional
real estate agent and to determine what the "investor's"
loan rates would be. Renting while waiting to retire is becoming
more popular as soon-to-be retirees are planning for their future
and taking advantage of the more reasonable prices of Las Vegas
homes today.
There are several Las Vegas retirement organizations also that
provide a way to meet new friends and to learn about the many
activities available to newcomers who have the luxury of not
having to go to a job or business.
If you are planning to purchase a home or relocate and retire
in the Las Vegas area, contact
us for a prompt response. We invite you to visit our website
to view updated daily listings of Las Vegas homes at Free
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