The great desert land grab west of Las Vegas is the Pahrump NV Land Sale frenzy. Big business is buying Pahrump Land like; Wal-Mart Home Depot, and more. Pahrump is a fast expanding city with many new residents joining the community every year. Many of Pahrump’s residents are happily enjoying the American dream of freedom to work for a good living. Many local land owners are businesses in Pahrump serving the local community.
Pahrump NV Land Sale
Getting a good Realtor is the first step in buying a piece of Pahrump NV Real Estate. Pricing is on average 30% cheaper than Las Vegas, so there can be a sticker shock to overcome when searching for homes. Much of the land in Pahrump is ready to build, or at the very least is flat and nearly level, since the basin is very level. Reducing the need for heavy land moving equipment and expensive grading costs makes Pahrump more attractive.
The Real Estate Pahrump NV has on the market on any given day is just a sampling of what is available. To understand what a piece of land or home in Pahrump is worth we have to use a comparative analysis. This is the process of searching for properties of similar size and characteristics that have sold in the prior 3 months. Using this list we can compare features against anything currently on the market, and see what real estate buyers have recently paid for similar properties. This is also knows as looking at comps.
Since Pahrump Nevada Real Estate is so different than Las Vegas, we need to find comps that close to the property we are trying to value. Preferably within a 1 mile radius. Like the famous saying goes; location, location, location, are the most important factors, so we need to use location as a tool for valuing properties in Pahrump.
Looking for Pahrump Land for Sale listed on the MLS or for sale by owner, FSBO, is much easier with a realty service. Realtors know the local market and can know of properties available that aren’t even being advertised.