The Lower Strip Real Estate

Property on the Lower Las Vegas Strip continues to be hot. With hundreds of condos going up literally every week, there is a plethora of homes to choose from. Whether the property is for investment purposes or to make your primary residence, you really can't go wrong purchasing a property on the strip.

Prices for condo properties along the strip average $800 to $1,100 a square foot. These prices are likely to rise from year to year making for a nice investment property. Some of the great condos in the area include:

Sky - An ultra luxurious residential condominium high rise with 409 units sitting directly on Las Vegas Boulevard. It's the only exclusive residence right on the strip with a guarded gate at the entrance. These residences range from 870 feet to 5,000 square feet penthouses. Units are priced from $500,000 to $5 million dollars. This new high rise is scheduled for completion in December 2006.

The W Las Vegas is selling part of its future hotel units as condo-hotels. The building will contain a mix of 4,000 hotel and condo units. The W will also have a major retail mall, a spa and gym and all the other amenities the hotel offers. Prices start at $600,000. Construction is set to begin in January 2007.

The MGM Grand Residences has two condo towers where 1,152 units have sold out; and sales are open for the third tower, with 550 to 1,500 square foot residences. The first tower is expected to be completed by mid-2006; the second in early 2007, and the third tower expected completion in late 2007. Prices range from $450,000 for the smaller studios, to $2 million for the largest units.

Additional strip condos are available within The Hard Rock Casino, The Trump International and The Turnberry Towers. Local amenities are everywhere. From diner food to buffets, to five-star restaurants and from a souvenir store to an exclusive boutique, there is something for everyone around every corner.

The Strip real estate is also close to all freeways and McCarran International Airport for a quick escape from all the glitter and glamour.

Find out how much Real Estate is Worth:

Before your house is put on the market, your real estate agent meets you to review your comparative market analysis to help you accurately price your house.

In the meantime, use our online tools to get general information about sales activity in your neighborhood.

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