Toscano Homes

Southwest Las Vegas has seen a lot of growth, particularly since the arrival of the Las Vegas Beltway. Thousands of new single family homes and condominiums have been constructed in the area, with many more on the way.

The area is home to several new master planned communities that are popular with retirees and families looking to enjoy a peaceful suburban lifestyle minutes from the heart of the Las Vegas strip.

Tuscano Condominium Homes is one new development in the area that offers affordable housing in the heart of this popular part of Las Vegas. There are floor plans ranging from one to three bedrooms.

Tuscano Condominium Homes is located on Sunset Road near the 215 beltway. The development is close to luxurious communities such as Rhodes Ranch Golf Club and other private neighborhoods in Summerlin, the popular west Las Vegas master planned community.

There are five different models for buyers to choose from when deciding on a unit at the Tuscano Condominium Homes.

One bedroom and one bathroom condominiums measuring 700 square feet start at $140,000. Two bedroom and two bathroom condominiums are also available, with floor plans ranging from 938 square feet to 1,024 square feet.

The largest unit available at Tuscano Condominium Homes is a 1,156 square foot three-bedroom condominium.

Amenities in the units include a breakfast bar, walk-in closet, private outdoor space, and extra storage. The development offers a putting green, resort style pool, modern health club, and business center.

Homes also come standard with granite countertops and stainless steel appliances.

Tuscano Condominium Homes is close to the 215 Beltway. Residents have easy access to downtown Las Vegas and the Las Vegas strip.

The Red Rock Resort Las Vegas and Red Rock Canyon are a short drive from southwest Las Vegas. Summerlin is also just a short drive from Tuscano Condominium Homes, offering world class restaurants and some of the best golfing in the city.

Las Vegas offers excellent hiking and biking in the mountains around the city. Tuscano Condominium Homes is close to many trails.

The Las Vegas real estate market is going through a difficult period right now. Las Vegas is one of the top cities for foreclosures in the nation. The number of foreclosures has risen 100 percent over last year, and there seems to be no end in sight.

Developers have overbuilt condominium and loft developments as well as single family homes in the Las Vegas suburbs. Spurred by excellent retu

Many of these developments were bought by investors looking to turn a quick profit in a hot market. However, as the real estate market cooled, they were unable to find buyers for their properties, and are now stuck making payments on empty homes and condominiums.

Buyers looking for a condominium in Las Vegas should be able to find an excellent deal in the short term as more foreclosures and new developments flood the market further with new listings.

Recent numbers for the Las Vegas real estate market from the Center for Business and Economic Research show that fewer new developments are planned for Las Vegas in the short term.

The number of new building permits for residential homes issued during May of this year was off over 52 percent from the same period last year.

Sellers are also reducing their price for many properties around Las Vegas. According to Zip Realty, a total of 42.5 percent of homes that were on the market during August of this year reduced their asking price.

Buyers with access to credit could find themselves in an excellent position to negotiate the right price for a condominium in Las Vegas.