{"id":204,"date":"2006-08-13T07:44:33","date_gmt":"2006-08-13T14:44:33","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=204"},"modified":"2006-08-13T07:46:17","modified_gmt":"2006-08-13T14:46:17","slug":"last-days-of-the-single-family-homestead-in-frontier-las-vegas","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/204\/last-days-of-the-single-family-homestead-in-frontier-las-vegas\/","title":{"rendered":"Last days of the single-family homestead in Frontier Las Vegas?"},"content":{"rendered":"

They have this amazing innovation in Las Vegas. It’s called a newspaper, and what it is is a daily detailed run down of important facts with no editorializing, which they somehow manage to constrain to the opinion pages. It would be so wonderful to have something like this in Phoenix…<\/p>\n

Particularly for real estate reporting. Here’s an interesting article from the Las Vegas Review-Journal<\/i> on the impact of land-use restrictions on single-family housing development<\/a>:<\/p>\n

It’s a local mainstay: The new-home subdivision with 150 single-family homes, comfortably ensconced on 6,500-acre [6500-sf?] lots behind thick cinder-block walls.<\/p>\n

More than 71 percent of new homes sold in the Las Vegas Valley today are single-family properties, data from research firm SalesTraq show. Given that market dominance, it would seem inconceivable to consider the typical Las Vegas production-home tract an endangered species.<\/p>\n

However, one local housing analyst predicts that sometime in the next seven years to 10 years, the lights will go out on the last traditional new single-family subdivision in the valley.<\/p>\n

Steve Bottfeld, a senior analyst with Marketing Solutions, says a multitude of trends will conspire to render new single-family development obsolete within the next decade.<\/p>\n

Area builders acknowledge the market changes that are complicating single-family development. But they’re also planning adjustments in how they develop that they say could save the single-family tract.<\/p><\/blockquote>\n

We’ve been in new home subdivisions in Sin City that were built on amazingly small lots. Three stories to allow for a one-car garage, 2000sf livable on a 2400sf lot. Basically the ‘back yard’ is a smoker’s porch. These are sold as fee estates (you own the underlying land), not condo plats, but your neighbors will never, ever argue in secret. Allowing for appearance, they reminded me of single-family homes in Queens, New York, or the near-in suburbs of Chicago.<\/p>\n

There is a lot of high-rise development in Vegas right now, but construction costs put low-end housing at $300 per square foot. Mid-rise wood-frame construction is cheaper — but that cheapness shows in short order, and water damage is accretive and ultimately irreparable.<\/p>\n

Las Vegas is a leading-indicator market for Phoenix, so it will be interesting to see how Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

They have this amazing innovation in Las Vegas. It’s called a newspaper, and what it is is a daily detailed run down of important facts with no editorializing, which they somehow manage to constrain to the opinion pages. It would be so wonderful to have something like this in Phoenix… Particularly for real estate reporting. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[6,5],"tags":[],"class_list":["post-204","post","type-post","status-publish","format-standard","hentry","category-marketing","category-real-estate","no-featured-image"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1616,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1616\/viva-las-vegas-the-monorail-might-be-a-failure-as-a-transportation-system-but-it-is-sin-citys-best-commercial-real-estate-development-tour-bus\/","url_meta":{"origin":204,"position":0},"title":"Vista on Las Vegas: The Monorail might be a failure as a transportation system, but it is Sin City’s best real estate development tour bus","author":"Greg Swann","date":"July 1, 2007","format":false,"excerpt":"Cathleen and I were married on Independence Day in the Little White Chapel on the Strip in America's Playground, scenic historic Las Vegas, Nevada. To there do we return, tomorrow through Friday, to celebrate our anniversary. It's actually a funny place for us to go. Cathy's interest is gambling is\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2154,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2154\/watch-for-the-nar-mobile-cruising-down-the-strip-in-vegas-baby\/","url_meta":{"origin":204,"position":1},"title":"Watch for the NAR Mobile cruising down the Strip in Vegas, baby!","author":"Greg Swann","date":"November 2, 2007","format":false,"excerpt":"Don't blame me for this, pin the blame on Matthew Hardy. Note that if you happen to be the constantly-besieged president of a beleaguered trade association, I will be in Las Vegas on Monday, November 12th. I can show you how to get out in front of all these ethics\u2026","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1641,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1641\/more-construction-photos-from-las-vegas\/","url_meta":{"origin":204,"position":2},"title":"More construction photos from Las Vegas","author":"Greg Swann","date":"July 7, 2007","format":false,"excerpt":"We did more in Las Vegas than tour construction sites, but you'd never know it from the snapshots. Here are some more projects in the works -- nothing like all there are to be explored. This is a view across the Bellagio to the CityCenter site. In the middle foreground\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/78\/you-see-this-all-the-time-in-orange-county\/","url_meta":{"origin":204,"position":3},"title":"“You see this all the time in Orange County…”","author":"Greg Swann","date":"July 10, 2006","format":false,"excerpt":"We've talked about seeing homes like this in Las Vegas. Even so, these will have more yard than homes being built there. From the Republic:As residential land in Ahwatukee Foothills gets more scarce and expensive, one home builder has come up with a new concept for building homes: cottages. The\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1325,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1325\/whats-the-hottest-game-in-vegas-strip-monopoly\/","url_meta":{"origin":204,"position":4},"title":"What’s the hottest game in Vegas? Strip Monopoly!","author":"Greg Swann","date":"April 20, 2007","format":false,"excerpt":"Oh, keep your shirt on... Strip Monopoly refers to that famed Parker Brothers board game (now owned by the soulless Hasbro, alas) as played with the real-life real estate on Las Vegas Boulevard -- a\/k\/a \"The Strip.\" Earlier this week, Kirk Kerkorian's MGM Mirage acquired 33.4 acres of Strip-front real\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":583,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/583\/a-radically-different-way-of-thinking-about-real-estate-what-if-las-vegas-boulevard-were-private-property\/","url_meta":{"origin":204,"position":5},"title":"A radically different way of thinking about real estate: What if Las Vegas Boulevard were private property . . . ?","author":"Greg Swann","date":"October 28, 2006","format":false,"excerpt":"For Galen Ward from Rain City Guide, here is a weblog post I wrote in 2003 on the idea of mass transit and private property in Las Vegas. The Las Vegas Monorail was then still in construction, and I was busily demonstrating why it must fail -- which it has,\u2026","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=204"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/204\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}