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FINDING THE TOP 10
Here's how we find the Top 10 real estate values in the Las Vegas area.
SEARCH THE MLS
22,138 homes for sale are listed here. Search the MLS to find the home that's perfect for you.
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Robin Camacho's insights and musings on the Las Vegas real estate market.
Unless you're a cash buyer, you must be prequalified before you can make an offer on any of these homes.
HOW DO WE SELECT THE TOP 10 and RUNNERS-UP?
Our “Top 10” picks system has been in development for 4 years. Previously, only our close-knit circle of friends had access to this list. In general, this is how the Top 10 values on Las Vegas real estate are found:
The specifications for approximately 10,000 listings from houses listed for sale on the MLS are downloaded into specially designed software. The data is first run through heuristic analysis software that looks at everything from the square footage of the house to whether or not it has double pane windows. A total of 70 different parameters for each house are weighed and analyzed. The “calculated” price is then compared to the listed price, and the properties with the highest “value” are sorted to the top.
The top 400 house values are then selected for further analysis by a second specially designed program. The second program looks at the specific house and its subdivision. It looks at the houses last sale price, appreciation/depreciation in the neighborhood, and what other, similar houses listed and sold for in that neighborhood. Those 400 recalculated results are then sorted to determine the 40 properties with the highest values.
Those 40 top value properties are then sorted so the most recent appear at the top, the least recent at the bottom. A new feature of this site is that it is all done automatically. No humans are involved. An software glitch may on occasion include an undesireable property, but the up side is that it is very up-to-day and totally automated. What you see is the newest and most recent deals. When something is in the number one spot you can be assured it is available because it was just listed.
Not coincidentally, most of the values we find are bank-owned properties that were foreclosed on (REOs). They may have been just listed, or they may have been listed for some time but the bank just recently dropped the price far enough to make this list. While not all REOs are great deals, almost every one of the best deals in LV right now are REOs! It hasn't always been this way, and this system worked great even before the slew of foreclosures; this system works so well for our clients because it accommodates current market conditions. While most homes on the MLS take many months to sell, the homes we spotlight are usually gone in days. Historically, half the homes we list on the top 10 are sold in 7 days.
OWN A PIECE OF VEGAS - Robin Camacho is a Buyer's Agent. Obviously, with over 10,000 listings to sort through, Robin is not the listing agent on all of these. Robin represents your best interests--not the Seller's. Please feel free to call with questions or to make an offer on any of these properties. Robin can be reached on cell at (702) 279-2466, or quickly via email at Phone@RobinCamacho.com.
We can tailor this search for our regular clients. If you would like your own "best value" search done using your individual parameters, please email your specifications to signup@Top10RealEstateValues.com and we will find the property for you. If it does not exist, we can set up the software so that you get an email describing it the moment it becomes available.
Thank you, and we look forward to helping you find your new vacation home or investment home.
Cell Phone: (702) 291-8766 call or text 24/7
The source for these best 10 picks is www.Top10RealEstateValues.com.