Despite a proposed ban on condo conversions several months ago (that didn't pass anyway), condominium conversions in Las Vegas are still going strong. Some of the older projects, like Bella Vita are selling off their last units. Several new projects have sprung up in some of the more popular communities, like Avalon in Seven Hills, Montana in Silverado Ranch and Sedona on Las Vegas Blvd. Part of the popularity on these projects is the price. Most of these condos start in the mid 100,000's, making them an affordable first home. I also put information on Marquesa and Manzanita condos. Marquesa is located right next to Summerlin and Manzanita is just a few minutes from Nellis airforce base. There are several more condo conversion projects in the works.
Probably one of the best buys in Las Vegas is going to be Traverse Point. Traverse Point is located right behind 17th and Vine, just off of Stephanie. Right down the street, Centra and KB Home are planning to build a huge master planned community called Stone Lake. The park and lake area alone are going to cost 12 million. There will also be a big sports complex built along with a new elementary school. Which means price wise Traverse Point will be very, very attractive.