One Million Dollars in Florida Vs. Las Vegas Real Estate Blog

 Now that Lauren and I are licensed in the great state of Florida we have been studying and comparing the inventory in the MLS in both Las Vegas / Henderson and how it relates to the housing market in Florida.  For the purposes of this post I have chosen a listing in the city of Tampa.  Florida is such a large state and the amount of inventory at the 1 million dollar mark is relatively high when compared to Clark County.  Giving people an idea of what $1,000,000 can buy in the 2 contrasting markets sheds some light on the current state of buying power in 2 of the most desired locations for people moving from neighboring states that are a strain economically.  For the property in Nevada we will showcase a listing at Lake Las Vegas which has been very popular over the last 2-3 years as buyers wanting some kind of view or the need to be near water has been of utmost importance.  The Outlook is a community by Lennar that is situated on the North Shore with Reflection Bay Golf Course sitting just below the community that gives way to Golf Course views as well as views of the Lake below.  This particular listing sits high on a man made ridge that has been carved out of the existing landscape.  The Lot is 7,405 sq ft with the interior space coming in at 2,546 square feet and the home has 3 Bedrooms with 2 full baths. 

 The interior of the home is primarily white & modern with wood look plank flooring and a gorgeous kitchen with stainless appliances and high end finishes throughout.  Large laundry room with a sink and spacious closets compliment this home and the backyard has a view fence with an incredible vantage point over both the golf course and the lake below.  

Check out the link here  https://search.lakelasvegasresidences.com/idx/details/listing/b015/2389837/91-Reflection-Cove-Drive-Henderson-NV-89011 for additional info and all professional pics.

Some of the other listings I found in the GLVAR MLS were older re-sales that have been highly upgraded throughout with improved finishes and appliances and huge lots some upwards of an acre.

I found that a few of the homes priced at the 1 million dollar mark in Las Vegas are hitting that price point mainly due to the size of the lot and the land that comes with the purchase.

Room for Recreational Vehicles and one listing had upwards of 7 Boats on the property ! Let’s move on to the Florida property and see what 1 million gets you in the Sunshine State for 2022 Summer.  

Located in Tampa which is in the “middle” of Florida if you will when looking at the Map view, this home I will showcase is a Colonial type build that was constructed in 2002 and is 3,985 of interior square footage of “heated” space as they refer to it in the Florida MLS.  The home is 4 bedrooms 3.5 Bath that includes a Study, Bonus Room, Loft and a 2 car garage.  There is also a 504 square foot “in-law” suite above the garage which has been added to maximize the living space within.  It sits inside a Gated Community called Westchase inside the Village Green that is very rich in amenities and outdoor activities such as Golf and Tennis.  The Floors are a neutral wood color with the walls being painted a flat white which compliments the clean lines of the interior architecture.  The Kitchen flooring is large, bronze colored tiles with white cabinetry and stainless modern appliances. The thing about Florida that really differs when comparing to Las Vegas/

Henderson homes is that the neighborhoods are so Green.  Every where you go in Florida is just covered in lush green trees and water everywhere.  Check out the home here at this link

https://www.larosarealty.com/property/24-T3400766-10310-Welbeck-Court-Tampa-FL-33626?askmobile=true for additional info and all pictures.  Similar to the MLS search I ran for Las Vegas, many of the listings that populated at the $1,000,000 mark in Florida where older homes that needed quite a bit of “love” in terms of bringing them up-to-date with large lots.  Some of these older

Properties are built as far back as the 1930’s an 40’s since Florida is rich in History, a few of them were also close to the shoreline.  

For a quick numbers comparison the property in NV came in at $393 a square foot being a 2020 build with 2,546 of interior square footage and a awesome view lot with golf course and lake views.

The listing in Tampa FL came in at $250 interior square feet 2002 build with 3,985 of interior square footage located in a very high end, sought after community.