Condos & Townhouses For Sale In Las Vegas, NV
The condo townhouses for sale in Las Vegas, NV are found throughout the Las Vegas valley and our searches are worth looking at. Living in these condo townhouse developments, usually in a master-planned community, could be just what you’re searching for.
High-rise condo developments are typically found in the more urban areas that allow zoning for a higher density. There is also the option of high-rise condominiums on the Las Vegas Strip and luxury lofts in Downtown Las Vegas. A single-family home is not right for everyone.
Condo townhouses for sale in Las Vegas, NV are a great alternative for people with a ‘Lock and Leave Lifestyle.’ People who want minimal maintenance while still having great amenities and shared spaces.
You have numerous towers, duplexes, triplexes, and condo townhomes 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 based on enjoying your lifestyle and anything you want is available 24/7.
Choose from condominiums or townhomes for sale, luxury golf villas, and even luxury waterfront condominiums at Lake Las Vegas. There are numerous condo townhouses and patio homes for sale in Boulder City. Many condos in Boulder City overlook Lake Mead.
Condo Townhouses For Sale In Las Vegas
There are many differences between a condominium and a townhouse. We combine condo townhouses in searches because the differences are no longer consistent. The biggest difference used to be that in a condominium, you would own the air space but not the exterior of the building.
These days, all of the condos, townhouses, villas, or patio homes can be owned and maintained by the association depending on the development. Property titles will specify the property type and ownership.
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 with a yard in Las Vegas.
Some patio homes and townhomes for sale in Las Vegas will have associations that provide front yard landscaping maintenance. Other developments will include the roofs, paint, and exterior maintenance for all of the structures. We suggest that you search all of the units in this category and eliminate choices by features and square footage, not property type.
One of the biggest concerns of both condo owners and townhouse owners is the homeowners’ association (HOA ) fee. This is frequently higher than for single-family detached houses. One of the biggest reasons is that the HOA normally includes a hazard insurance policy for the structure.
An owner of a detached single-family home bears this cost. In addition, often the HOA covers some utility costs, even trash removal. It is important to have your insurance agent check your HOA insurance policy to know what your risks are. It’s also important to check your rules and regulations regarding what your HOA fee covers.
Financing Condos and Townhouses
Financing a condominium (not townhouses or patio homes) may be tricky. Sometimes, depending on the condominium complex, financing is completely messed up. It can especially be challenging to get a loan with less than a 10% down payment. Conventional loans are easier to qualify for especially with a larger down payment. Some condos and townhouses can qualify for FHA or VA financing.
Fannie Mae, a government entity that buys loans from mortgage companies and banks after they process them, has guidelines. After the financial crisis in 2007-2012, building requirements became strict. The problem lies in the fact that most institutions adopt Fannie Mae guidelines when lending money.
Strategize and Be Prepared When Buying A Home
Condominiums and townhomes need to be in neighborhoods that meet their requirements. These include that 90% of residents are current on their association fees. Another requirement is that X percentage of occupants in the development are owner-occupied. This can limit which communities someone getting a loan can purchase.
It is best to get pre-approved and have us search for condominiums and townhomes for sale that offer the type of financing you need. These requirements are not applicable at every development so yes, searching for condos and townhouses for sale in Las Vegas is difficult without knowing the market. Let us navigate for you. Townhouses and patio homes can still have a low 3.5% down-payment with an FHA loan.
Townhomes For Sale In Las Vegas Valley
Typically townhomes for sale in Las Vegas will have a garage. Townhouses can be one or multi-story buildings. As opposed to condominiums, with townhouses for sale, listings will usually specify the specific association features. To me, every townhouse 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. If you’re not confused yet, there are more options!
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 building’s exterior. Patio Homes will have a patio.
Luxury Golf Villas or a Condo
A golf villa is a fancy name for condo townhouses that are 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 are over 20 high-rise condominium towers on or near the Las Vegas Strip. Summerlin has 2 towers at One Queensridge. They’re also one of the finest towers in the valley. If you are interested in luxury off the Strip, visit One Queensridge and Park Towers in the Financial District near UNLV.
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 all along their outdoor shopping areas.
55+ Retirement Senior Living Condo Townhouses
A senior, 55+, active-adult Condo Townhouses may be just what you want when looking for retirement living. These developments are age-restrictive and very active. Anyone can own a home in an age-restricted 55+ community, but one person must be 55+ who lives in the home.
With clubhouses and often activity directors, these complexes can be fun. Their community centers and clubhouses are all about staying busy and having fun, offering both daytime and evening activities and clubs. There are condo townhouses in all Del Webb Sun City Communities as well as stand-alone developments.
Search our 55+ page to see condos or townhouses for sale in these retirements communities. There are well over 20 resale communities for 55+ active adults. Currently under construction are 13 additional 55+ developments of brand new homes. Within most of these master-planned communities, you’ll find condos, townhouses, and golf villas.
Search Las Vegas Condo Townhomes For Sale
We’ve tried to make it easy for you to search Las Vegas condos and townhouses for sale in Las Vegas on your own. Below we’ve made 12 condo and townhome searches, so it’s 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. Modify all searches on our site in the top right corner of results.
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, text or send us an email, and we can do a more specific search for you.
We are full-service Realtors and would be happy to send you floor plans and MLS listings. Note: All information on an MLS listing is deemed reliable but not guaranteed. In 2021 there are no open houses, and all condominiums and townhomes for sale in Las Vegas are shown by appointment only. Due to the number of investors looking to find condos and townhouses to rent, we need to strategize to have you in the best position possible to buy a home. Call us and let’s talk. 702-750-7599
Condos and Townhouses For Rent
When looking for condos and townhouses for rent, you may want to consider buying a condo or townhouse. There are first-time homebuyer down-payment assistance programs and sometimes even programs that match down-payment funds.
With interest rates between 3-4%, payments for a home will be less than renting a condo or townhouse. Building equity for yourself is way better than building equity for some investor person you’ll probably never meet. Contact us today, and we can get you headed in the right direction to make homeownership your reality.
Buying a condo townhouse in Las Vegas, NV, in 2021-2022 can be a challenge. You hear stories about how hard finding a home can be. In my opinion, you just need to be prepared. People love selling to first-time home buyers and owner-occupied home buyers.
We find that if most things in an offer are similar (i.e., price), a home seller will probably choose someone who is choosing to buy instead of renting. You can always call or text us with any questions. Use the mortgage calculator in the menu bar under “Buyers.”
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
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.