The condos & townhouses for sale in Las Vegas, NV are worth looking at. Living in these developments, usually in a master-planned community, may be just what you’re searching for. A single-family home is not right for everyone.
A condominiums or townhouses for sale in Las Vegas are a great alternative for people with a ‘Lock and Leave Lifestyle.’ People who want minimal maintenance while still having great amenities have numerous types of complexes and condominium units for sale to choose from. Las Vegas has the lowest possible airfares encouraging residents to travel more often. Living in the Entertainment Capital of the World means everything is available 24/7.
Choose from condominium or townhomes for sale, luxury golf villas, and even luxurious waterfront condominiums. Townhouses for sale in Las Vegas also include Patio Homes with patios.
There are many differences between a condominium and a townhouse. The biggest difference being that in a condominium, you do not own the exterior of your building. You own the air space and the interior of your home. This means that if the roof or an exterior wall has an issue, the association handles it. Some condominium floorplans have garages, but most don’t.
There is a new attached-home trend now for sale in Las Vegas. We sold a brand new construction condominium a couple of months ago with a backyard- a patio cover, patio, and landscaping. Before that, I was not aware of a condominium complex with a yard in Las Vegas.
Some townhomes for sale in Las Vegas will have associations that provide front yard landscaping maintenance. Other complexes will include roof and paint maintenance for all of the townhomes.
Financing Condos and Townhouses
For condominiums (not townhouses or patio homes), financing is completely messed up. It can be challenging to get a loan with less than a 10% down payment. Conventional loans are readily available with a 10% or more down payment. Some neighborhoods can qualify for FHA or VA financing.
It is best to be pre-approved and have us search for condominiums for sale that offer the type of financing you need. Financing guidelines may require more than X percent of homes are owner-occupied. They want 90+ percent of homeowners to be current on homeowner association dues.
These requirements are not applicable at every development so yes, searching for condos and townhouses for sale in Las Vegas is tricky. Let us navigate for you. Townhouses and patio homes can still have a low 3.5% down-payment with an FHA loan. Please don’t ask us why, but this is the way things are today.
Typically townhouses will have a garage. Townhouses can be one or multi-story buildings. With townhouses for sale, they’ll specify the specific features on the listing because every townhome community seems unique. A townhouse can also have a yard in the front and the back or not have one. But to make a townhouse a townhouse, there’ll be at least one wall connected to another building.
Patio Homes and Townhouses For Sale In Las Vegas
In Las Vegas, we also have Patio Homes. A patio home is a type of townhouse. It is usually a one-story building with 3 or fewer units connected in a building or row that share at least one wall with another townhouse. A homeowner is usually responsible for the maintenance of their units. Sometimes, as with townhomes, as part of the HOA dues, the association will maintain the exterior of the building.
Luxury Golf Villas or a Condo
A golf villa is a fancy name for a condo- townhouse that is on or near a golf course. I think the term “Villa” means they can charge more money. Golf Villas are typically luxurious with top-of-the-line amenities in the development. Of course, some units will have golf course locations with sprawling golf course views.
High Rise and Mid Rise Condominiums For Sale
there is a very trendy mid-rise condominium building in Downtown Summerlin and 6 in Downtown Las Vegas. The south part of the Las Vegas Strip has a few very nice mid-rise condominium and loft complexes. The District in Henderson, features mid-rise condos above retail along their outdoor shopping areas.
Below we’ve made condo and townhome searches easy for you. They will include high-rise condos and mid-rise condominium buildings. However, know that you can search by individual buildings for these 26 complexes on our sidebar.
For the purpose of our searches, so you can explore all types of attached housing. Our search program clumps both condos and townhouses for sale all together. If you want something specific, let us know and we can do a more specific search for you.
When you know what you want let us know and let’s go see some homes. You can save your search, and whenever a new property becomes available with your criteria, you’ll be emailed automatically. Save a FAV to revisit in a private box on our site. Feel free to contact us with questions or for assistance in getting financing together.
Revise any search on our site to your specific criteria in the top right corner of the results pages. See 12 Condo Townhouse Searches Below.
This website and information are made available for you to explore by Kurt Grosse with Realty One Group. Kurt is a Las Vegas Top-Producing Realtor since 1996 and a Retired Building Engineer (P.E., C.E.). His goal with his buyers and sellers is to use his skills and knowledge to protect them in this ever-changing Las Vegas Real Estate Market. With how quickly homes are built in Southern Nevada, his skills are invaluable.
We Sell Las Vegas, Henderson, and North Las Vegas
Call or text us today with any questions or for an appointment to see some of these great homes- 702-750-7599
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Every condo – townhouse will have an association fee. Each development is different, but the fees usually cover water and trash, gates (guards if applicable), and common areas. Of course, these fees vary according to amenities offered by a community. We’ve seen association fees as low as $125/mo up to $2400 a month for a luxury high rise penthouse.
In Nevada, there is a state governing office- The Ombudsman Office if there is ever a problem. The Ombudsman Office is run through the Nevada Real Estate Division. We have heard good things about them, so if you need them, there are there.
The 1999 Legislature voted to have a department to assist homeowners and board members in communities with an association board of directors. They assist with complaints by investigating and helping with legal paperwork if necessary. Homeowners in any association actually pay “less than $4.25 a year” to have this department work for them through their annual property taxes.
The Ombudsman’s Office regulates how associations are to be run- mainly, they try to keep an association complying with state law and being consistent with homeowners. An association must treat all residents equally.
Call our office today with questions or for an appointment to get you into your new home – 702-750-7599.