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Semi Custom vs Custom Home – What’s the Difference? (Inside Blue Heron’s Apex Floor Plan )

Join us for a tour of the stunning Blue Heron Show Home and discover the unique features that set apart the BH Nexus Experience from the Custom Home Elite Experience. 

Discover the three essential elements for personalizing your BH Nexus curated floor plans: exterior experience, Interior options, and Structural features. These components provide the foundation for uniquely tailored Vegas Modern Designs.

Inspired by its namesake, Vegas Modern 001, our Vegas Modern Philosophy describes our timeless approach to architecture, design, and construction that transcends eras and inspires future generations.

Blue Heron

Elite Custom Design-Build Homes

Extraordinary design will change your life.

Blue Heron

Blue Heron’s Elite division believes that the true discovery of your custom home exceeds merely identifying how many rooms it should have. Knowing you and your lifestyle is key to achieving that perfect Elite Home design. 

The streamlined custom process is all under one roof at Blue Heron. This all-inclusive experience at Blue Heron perfects a seamless discovery and process of your Home design. encapsulates all your desires for your dream Home. Creating a customized Home plan that illustrates your ultimate Home vision catered to your lifestyle. It takes approximately 12-18 months to bring your vision to life, creating a space that is truly your own.

Three key features of the Elite Custom Home Division at Blue Heron 

• Blue Heron offers a comprehensive discovery process to create custom Home design.

• The process is designed to capture clients’ visions and create personalized Home plans.

• It typically takes 12-18 months to bring the plan to life.

BH Nexus Community Home Division

BH Nexus represents Blue Heron’s community Home division with exquisite semi custom floor plans curated with your lifestyle in mind. 

BH Nexus Communities situated in some of the most prestigious master-planned communities in the Las Vegas Valley. They blend physical and human nature seamlessly together with their biophilic home designs that blur the lines between the indoor and outdoors. 

These thoughtfully curated floorplans are intentional designs with nature in mind. Drawing in desert elements with tranquil exterior spaces while entwining modern elements creates timeless Home designs. Typically BH Nexus communities offer 3-4 curated floor plans with semi-custom options to make your own. 

“Your dream Home isn’t just a space. It’s an experience. As a design-build firm, we will provide you with a dedicated team of experts from designers to construction teams. These partners will work with you every step of the way to ensure your Blue Heron Home is a personalized world that feeds your soul, amplifies your vibe, and energizes as much as it soothes,” Blue Heron. 

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Why Aren’t Home Prices Crashing?

There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. After several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices would end up crashing but now we are seeing a rise in some areas and leveling in others. 

With low inventory and buyer demand nearly 1 in 4 home sellers are planning on selling their homes within the next 3 years according to a recent study by Zillow. The highest percentage ever recorded by Zillow since they started tracking this data. 

“An annual gain in home sales will not occur until 2024,” said Yun. “Meanwhile, home prices will be steady in most parts of the country with a minor change in the national median home price,” CNN Business. 

According to Yun, that’s limiting just how low or high prices will go in inventory. “We simply don’t have enough inventory. Will some markets see a price decline? Yes. [But] with the supply not being there, the repeat of a 30 percent price decline is highly, highly unlikely.”

As you can see in the graph below, we’ve been at or near record-low inventory levels for a few years now.

That lack of available homes on the market is putting upward pressure on prices. Bankrate puts it like this:

“This ongoing lack of inventory explains why many buyers still have little choice but to bid up prices. And it also indicates that the supply-and-demand equation simply won’t allow a price crash in the near future.”

If more homes don’t come to the market, a lack of supply will keep prices from crashing, and, according to industry expert Rick Sharga, inventory isn’t likely to rise significantly this year:

“I believe that we’re likely to see low inventory continue to vex the housing market throughout 2023.”

Sellers are under no pressure to move since they have plenty of equity right now. That equity acts as a cushion for homeowners, lowering the chances of distressed sales like foreclosures and short sales. And with many homeowners locked into low mortgage rates, that equity cushion isn’t going anywhere soon.

With so few homes available for sale today, it’s important to work with a trusted real estate agent who understands your local area and can navigate the current market volatility.

Bottom Line

A lot of people expected prices would crash this year thanks to low buyer demand, but that isn’t happening. Why? There aren’t enough homes for sale. If you’re thinking about moving this spring, let’s connect.

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Is Las Vegas Running Out of Land? NW Real Estate Boom Forecast 

With no state income tax, access to the greatest entertainment 24/7, exceptional dining experiences, great outdoor sports and now professional sports teams – it’s no brainer why Las Vegas is growing at a rapid rate but the valley is surrounded by mountains with limited to no expansion. So the big question is this: Is Las Vegas running out of land?

“North Las Vegas is set to add more than 100,000 residents by 2030. The northwest isn’t the only area in the valley expected to see a boom over the next decade,”

 KTNV – Las Vegas, Nevada. 

Las Vegas & Henderson Fastest Growing Cities in Nevada 

Las Vegas and Henderson are the fastest growing cities in Nevada.  North Las Vegas is experiencing a surge in manufacturing and warehousing businesses, creating an abundance of jobs that call for housing, according to John Lee, the mayor of North Las Vegas. Mayor Lee recognizes the great opportunity this provides to fill the city’s available land with homes while adding hundreds of new members to its workforce.

Henderson is positioned to become a major destination for businesses and residents looking to move into the Las Vegas valley as well. With close to 70,000 new residents expected in the coming decade, West Henderson and Cadence, located on the Eastside of Henderson, are at the center of its growth trajectory. 

According to City Planner Richard Derrick’s public statement:  “The new corporate headquarters of the Las Vegas Raiders, the soon to be completed home of the Henderson Silver Knights and new developments by businesses such as Google and Haas Automation show that Henderson continues to diversify as it grows.”

Buy, Sell, Invest.

Servicing the Las Vegas and Henderson, Nevada area. Providing an unparalleled luxury concierge experience tailored to each client.

Connect with me to get started!

Growth Outward or Upward? 

Nevada tops the list as having more of its land owned by the federal government than any other US state. This amounts to a staggering 27% of total acreage across all fifty states, amounting to 615 million acres reserved primarily for conservation and recreation purposes.  So with all this demand will housing in the Las Vegas Valley grow outward, upward – or both?  Most likely the latter but while land is in high demand Northwest Las Vegas may have the upper hand. 

“More than 85 percent of Nevada’s land area is owned and administered by the federal government,”

Nevada Legislature.

NW Las Vegas Booming Real Estate Forecast

With 100,000 residents anticipated to move to NW Las Vegas by 2030 land is a true commodity – especially in the booming Northwest so wanted to bring two expansive plots of land to your attention. 

‘Located on Grand Teton Dr. and Rainbow Blvd. This property has an average annual daily traffic count of 7,638 vehicles, “Templeton Development.

Build your dream Home with no limits on this property that encompasses five parcels totaling +/- 37.5 gross acres zoned Rural Residential in the highly desired area of the booming NW Las Vegas, Nevada. Mountain views surround this perfectly located property adjacent to the master plan community of Silverstone Ranch, a master plan community of 1,526 homes,  and the beautiful Gilcrease Orchard.

“Through their non-profit foundation, they aimed to provide recreational and educational experiences that teach children where our food comes from and how it is grown, helping to foster an appreciation for the earth’s bounty and a healthy lifestyle,

Gilcrease Orchard.” 

Build Your Dream Home Custom Home Site

±37.5 Acres at the NEC and SEC of W Grand Teton Dr and  N Rainbow Blvd

Azure & Starlight

Located at the SEC of W Azure Dr and Starlight Dr, less than 1 mile east of the Wal-Mart / Sam’s Club-anchored Centennial Center

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Why Luxury Homes Are in High Demand

As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home isn’t only defined by its price. Location is also an important factor.

It could be a High Rise condo in Las Vegas, a spacious home in a guard gated community or one with access to luxury amenities and entertainment. The home itself will also boast some of the finest features available. According to the Luxury Market Report from the Institute for Luxury Home Marketing, there’s been a substantial increase in how many buyers are purchasing luxury homes over the past two years. It says:

Veer Towers High Rise Amenities (Living Las Vegas, NV)

“. . . North America recorded the fastest growth of demand during the first year of the pandemic. Also, demand has . . . consistently increased, and even in April 2022, we saw a higher volume of sales compared to 2021.”

The Institute of Luxury Home Marketing

If you own a luxury home, it could be a great time to list your house today while demand is so high. But first, let’s understand where the demand is coming from.

What’s Driving the Heightened Buyer Demand for High-End Homes?

The same report says more people have reached a certain net-worth threshold, and that’s contributing to the increased interest in luxury housing:

“In 2020, we saw a 2.2% growth in the number of individuals with wealth of over $5 million in net value, but in 2021 that number grew by an outstanding 19.8%. This total increase has resulted in the introduction of over 660,000 new individuals into the high net-worth bracket, which, combined with the existing affluent looking to both diversify and add new properties to their portfolio, provides a true insight into why the demand for luxury properties skyrocketed during 2021 and into 2022.”

So, if you’re looking to make changes to your real estate portfolio or are looking to sell your current house, it may be a great time to list and benefit from the high demand for luxury homes today.

KEY TAKEAWAYS
Real estate isn’t considered luxury just because it’s expensive. It also must be unique, exclusive, and perceived as superior.
High-end buyers want access to activities such as luxury shopping, dining, and the arts, as well as proximity to similar homes.
Luxury real estate investors can flip a mansion, invest internationally, buy a luxury condo, buy a high-end vacation property, or build from scratch.

Investopedia 

Bottom Line

If you own a luxury home and want to know how strong demand is in your area, let’s connect so you can capitalize on current market conditions while buyer demand for upscale homes is so high.

Bottom Line

If you own a luxury home and want to know how strong demand is in your area, let’s connect so you can capitalize on current market conditions while buyer demand for upscale homes is so high.

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Why You May Want To Cash in on Your Second Home

When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities that became highly desirable almost overnight. Zelman & Associates recently reported that sales of primary residences grew by 9% in 2020. That increase in demand was met by the lowest supply of homes for sale in history. High demand and low supply caused prices to skyrocket over the past twelve months. Here are three home price indexes released most recently that show how home values have risen:

Prices increased by double digits in every region of the country and in 19 of 20 major metros. Chicago was the only exception, where prices still rose by 9%.

What does this mean to those who purchased a second home during the pandemic?

Many people didn’t want to give up a home in the city or close to their office. Instead, they purchased a larger second home farther away and moved there to stay safe and have more space. According to the same Zelman report, sales for second homes rose an astonishing 27% in 2020. That large second-home retreat on a lake or in the mountains would demand a higher price than the average house. Let’s assume a buyer purchased such a home for $500,000. Assuming the middle 13.2% appreciation shown above, that home would now be worth about $566,000. Those who bought second homes to improve their lifestyle during the height of the pandemic, or those who just wanted to be in a safer environment, also made a great investment.

What should these homeowners do now as the pandemic is receding, and the economy is reopening?

The buyers of those second homes now have a decision to make. Many will move back to the original home they still own (the one that’s closer to work, friends, and family). Should they keep the second home? That could depend on answers to questions like these:

  • Now that you may have to go back to the office (at least a few days a week) and students are required to physically attend school, would you still use the second house enough to warrant the expenses of an additional home?
  • Would you go to the second home on most weekends, or would you return to the movie theater, attend sporting events, eat out at fine restaurants, or spend your time traveling again?

Bottom Line

If you purchased a larger second home during the pandemic, you were able to make day-to-day life much easier for those important to you. You also made it much safer. However, with those goals already accomplished, you now need to decide whether to continue paying the extra expenses or sell the house and cash in your profit. If you decide selling makes sense, let’s connect today to discuss the value of your second home.

Bottom Line

If you purchased a larger second home during the pandemic, you were able to make day-to-day life much easier for those important to you. You also made it much safer. However, with those goals already accomplished, you now need to decide whether to continue paying the extra expenses or sell the house and cash in your profit. If you decide selling makes sense, let’s connect today to discuss the value of your second home.

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Positive Outlooks for Las Vegas Living in 2023

As 2022 drew to an end, it marked a truly remarkable year for Southern Nevada! From incredible population growth and financial gains across the board to record-breaking airport passenger counts, there was no shortage of successes. Now in 2023, expectations are high with state & local budget surpluses galore plus Las Vegas’ biggest convention/meeting calendar ever and international tourism surging back – topped off by MSG Sphere opening as well as what could be our first billion-dollar event: The Formula 1 Grand Prix!

Read more: Positive Outlooks for Las Vegas Living in 2023

According to the Las Vegas Review Journals’ A Positive Outlook – What’s Next”, we’re in the midst of an amazing ‘Roaring 20s Effect,’ where people are making up for months of lost experiences with a newfound gusto. Las Vegas is booming! Huge investments have been made – $40 billion going into major casino properties, billions more on entertainment venues that’ll offer 325K seats by 2023 and even airports getting updates to handle this boom. This means we can look forward to hosting huge stars like Adele or Taylor Swift alongside business events no other place can match… sure sounds like the party’s just starting 

From high-octane Formula 1 races zooming down the Las Vegas Strip, to jaw dropping performances from some of music’s biggest acts – it takes a lot for Sin City to host these world renowned events. We’re talking billions in hospitality investments and years of planning by leaders who know how to get things done! Add that with can-do elected officials, you have all the ingredients needed to bring electrifying experiences like Super Bowls and The National Finals Rodeo right into your backyard here!

It’s an unprecedented time of growth! With stimulus-backed spending, we are seeing massive investment in Vegas’ entertainment industry – billions pouring into its casinos, concert venues and convention spaces. The result? Las Vegas is soon set to outpace New York and LA as the global leader for major events. It really looks like 2021 will be a year of rebirth – rebounding from pandemic hardships with fresh energy and optimism!

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5 TAX BENEFITS OF BUYING A HOME

Are you thinking of buying a home in Las Vegas, NV? You should know that there are several tax benefits associated with homeownership. From reducing your taxable income to claiming deductions for mortgage interest and property taxes, owning a home can help you save money on taxes. In this blog post, we’ll explore the various tax benefits of buying a home in Las Vegas, NV so that you can make an informed decision when it comes to purchasing your new home.

1. Mortgage Interest Deduction

Real estate investors can reap significant tax benefits from the Mortgage Interest Deduction (MID). This deduction allows taxpayers to deduct interest paid on mortgages taken out to purchase, construct or improve real property investments. The MID is a powerful tool for reducing taxable income and saving money on taxes, but there are some important rules that must be followed in order to take advantage of this benefit. Understanding how the MID works and what types of expenses qualify for deductions can help real estate investors maximize their tax savings.

Our should never complain, complaining is a weak emotion, you got life, we breathing, we blessed. Surround yourself with angels. They never said winning was easy. Some people can’t handle success, I can. Look at the sunset, life is amazing, life is beautiful, life is what A federal government initiated report conducted by the.

2. Property Tax Deduction

Real estate investors are often able to take advantage of certain tax benefits that can reduce their overall tax burden. One such benefit is the Property Tax Deduction, which allows real estate investors to deduct from their taxable income any property taxes they paid on investment properties during the year. This deduction can be a great way for real estate investors to lower their taxable income and save money on taxes each year. To maximize this benefit, it’s important for real estate investors to understand how the Property Tax Deduction works and what steps need to be taken in order to qualify for it.

3. Capital Gains Exclusion

Real estate investors who are looking for ways to minimize their tax burden can take advantage of the Capital Gains Exclusion. This exclusion allows investors to exclude a portion of their gains on the sale of real estate from taxation, allowing them to keep more of what they earn. The amount that can be excluded depends on several factors, such as the length of ownership and the purpose of purchase. By taking advantage of this exclusion, savvy investors can reduce their overall tax liabilities and increase their profits in real estate investments.

4. Energy-Efficient Home Improvement Tax Credit

The Energy-Efficient Home Improvement Tax Credit is a great way for real estate investors to reduce their tax burden. This credit enables investors to save money on the cost of energy efficient home improvements and renovations, with up to 10% of the cost being eligible for a tax credit. Not only does this mean that investors can improve their properties while decreasing their taxes, but they can also enjoy increased property values as well as reduced energy costs over time. Additionally, these credits are available for both new construction and existing homes, making them accessible to all kinds of real estate investments. With this in mind, it’s easy to see why taking advantage of the Energy-Efficient Home Improvement Tax Credit is an attractive option for smart real estate investors.

5. Shelter Income Tax Credit (SITC)

Real estate investors may be able to take advantage of the Shelter Income Tax Credit (SITC) when filing their taxes. This tax credit provides a variety of benefits for those who invest in residential rental property and is designed to encourage investment in low-income housing. The SITC can provide real estate investors with a significant reduction in their taxable income, making it an attractive option for many people looking to maximize their returns on investments. Additionally, the credits can be used as part of an overall strategy for reducing your total tax liability and staying within IRS guidelines. In this article, we’ll discuss how you can benefit from taking advantage of these credits when filing your taxes each year.

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Ascaya Community Spotlight (Henderson, NV)

Rising nearly three thousand feet high on the McCullough mountain range in Henderson, Nevada within the community’s fortified signature rock wall, Ascaya offers inspiring views of the Las Vegas Valley with luxury estates thoughtfully positioned to maximize privacy and capture remarkable views. 

Ascaya grants the rare privilege and allure of raw desert beauty in every season. Adjacent to Sloan Canyon National Conservation Area, Ascaya’s protected habitat surrounds the luxury community. The community offers walking and biking trails along the scenic trails that take you through the McCullough Range. 

A World Above –A Private Luxury Community Overlooking Las Vegas

ASCAYA

The 48,000-acre development is closely guarded and offers a scenic desert platform for bighorn sheep, desert tortoises and more than 300 ancient rock art panels. With surrounding canyon views that blend ceaselessly around the luxury community of Ascaya, contemporary modern home designs are the epitome of luxury. Some homesites offer panoramic views of the city, while others are immersed in the canyons and hills of the McCollough Mountain Range. With only 313 custom homesites Ascaya is one of the most exclusive communities in the surrounding Las Vegas Valley. 

Ascaya combines the gorgeous desert scenery with luxury amenities at the community’s ultra exclusive clubhouse. From beautiful blooming cacti varieties, thriving Joshua and Yucca trees, to terraced gardens and a variety of well-appointed event spaces, the 23,000 square foot clubhouse is the community’s dynamic hub of social activity. It’s the perfect place to start your day by exercising in the expansive fitness studio or swimming a few laps at the 50m swimming pool. The clubhouse also includes a tennis pavilion, half-court basketball and private cabanas. This family-focused space is luxury at its finest. 

Exclusive Location

Conveniently close to schools, shopping areas, resorts, and golf courses. Ascaya’s premier location is situated just 15 miles south of the Las Vegas Strip, 3 miles from Green Valley Ranch Spa & Casino, 23 miles west of Lake Mead in Henderson, Nevada. It is also 7 miles from the Henderson airport and just under 8 miles to McCarran International Airport. 

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Top 5 Savory Fine Dining Restaurants in Henderson, NV

Henderson, Nevada is a culinary paradise; with fine dining restaurants dotting its suburban sky. You can feel the hospitality in Las Vegas’ beloved suburb and indulge yourself within reach of exquisite savory experiences.

Here are the top 5 fine dining restaurants in Henderson, NV

1. Hank’s Fine Steaks  & Martinis

Henderson visitors and locals alike can enjoy Henderson’s most acclaimed culinary experience, Hank’s Fine Steaks & Martinis. This mid-century modern dining retreat offers Prime dry-aged beef, seafood selections, side dishes and desserts all with a signature martini or two in hand. Located near Green Valley Ranch less than 2 miles away from ASCAYA; now featuring live entertainment during happy hour (4pm – 7 pm), it is easy to see why the AAA Four Diamond Award was earned by this local favorite!

2. Sonoma Cellar Steakhouse

For a truly unparalleled fine dining experience, look no further than Sonoma Cellar Steakhouse. Located just 5 miles from ASCAYA, this steak and seafood emporium is renowned for its juicy prime cuts of beef enriched by an exquisite selection of over 300 wines in the “Sonoma Feature Glasses” menu – making it one of the most impressive selections Las Vegas Valley has to offer. Experience succulent flavors sure to tantalize even the pickiest palate!

3. The Pasta Shop

With the magic touch of celebrity Chef David Alenik, The Pasta Shoppe in Henderson, NV takes its guests on an unforgettable culinary adventure. Enjoy a delightful setting and attentive wait staff while feasting on delectably mouthwatering Italian dishes crafted by someone who has cooked for Steve Wynn and Frank Sinatra!

4. Todd’s Steak & Seafood

Experience delectable seafood straight from the sea! Todd’s Steak & Seafood provides a culinary journey with its endless selection of creative and classic dishes, featuring only the finest fish sourced from Cape Cod and Alaska. Satisfy your inner foodie as you indulge in these delicacies that are sure to leave an unforgettable impression on your tastebuds!

5. Tuscany Grill

Henderson locals can’t get enough of the delicious fare Tuscany Grill has to offer. Just 4 miles from ASCAYA, this exquisite restaurant serves up over 50 mouthwatering entrées sure to satisfy everyone’s taste buds – steamed clams, Eggplant Cannelloni, Shrimp Bianco and Veal Parmigiana make for a truly unique fine dining experience! And let’s not forget those luscious desserts that will have you coming back time and again.

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Strata, BH Nexus Community in Lake Las Vegas (Henderson, NV)

Living in a community that stands out from the rest is an experience like no other. Whether it be top-notch amenities, breathtaking views, lakeside living at Strata you have all of these and more!

Elevate your lifestyle with quality built new homes set amongst the backdrop of tranquil water, breathtaking views and unparalleled amenities. Lake activities, championship golf and a variety of dining options set the stage for a spectacular lifestyle at Lake Las Vegas.

Lake Las Vegas

At Strata, you can connect with nature in an extraordinary way. Nestled among stunning rock formations on a mountainside overlooking Lake Las Vegas, these homes provide gorgeous views from every angle and a seamless transition between indoor-outdoor living. The vibrant colors of the surrounding area create unique landscapes that are sure to take your breath away!

Lake Las Vegas Living

Escape to Lake Las Vegas, where contemporary luxury residences bask in spectacular views of Lake Mead National Park and the glitzy nightlife of The Strip! Unlock new possibilities within this community.

Lake Las Vegas Amenities

Lake Las Vegas Sports Club℠

Family and Adult Pools

State-of-the-Art Fitness Center and Movement Studio

Tennis Courts and Pickleball Courts & Duffy Boat Rentals

Kayaking and Stand-Up Paddleboarding (SUP) & Yacht Cruises

Award-winning Reflection Bay® Golf Club

Miles of Scenic Hiking Trails, Cycling and Equestrian Trails, Spectacular Views and Wildlife.

Single-loaded streets and 19 homesites make this an ultra-private community. 

Strata, A Community Above the Rest

Free-flowing floor plans allows your Home to adapt to you. 

Perched on a mountainside with unbeatable views of the surrounding rock formations. 

Just a short drive to the Village and countless outdoor activities. 

Strata, A BH Nexus Community

Seasons Grocery & Deli is open in The Village at Lake Las Vegas and is stocked with everything from fresh fruit to gourmet snacks and wine.

Lake Las Vegas
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