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PROS AND CONDOS

It's a good time to own a condominium -- the Las Vegas real estate market in general has stayed strong through both upturns and downturns in the recent economy, and not only have sales of condos been on the rise, but their value has been appreciating at a comparable rate to that of single-family homes.

These facts make it a good time to sell a condo, too, and not just economically, but historically: with America's most numerous generation, the baby boomers, entering retirement age, the demand for lower-maintenance housing is growing, and condos are custom-made for that preference.

Even with all these advantages, though, you can't count on a condos for sale in Las Vegas to sell themselves -- it will need help from your skill and your judgment. Here are a few things to bear in mind:

* “Curb appeal” may have to come indoors -- exterior conditions are decided by your condo association, so while you'll want to influence that as much as possible, you have full control over preparing your own property's interior to impress.

* Doing this involves one of the standard rules for selling any home: reduce clutter, knick-knacks and even furniture so the potential buyer gets a feeling of roominess and can picture their own belongings being at home here.

* Space is more at a premium in condos than in houses, so aid the sense of spaciousness with generous lighting, airy window treatments, light paint colors, and maybe more mirrors.

Above all, be reasonable -- the rising resale value of Las Vegas luxury condos makes them an attractive investment for first-time homebuyers, so don't price yourself out of this readymade market. A real estate professional can advise you on what prices work most profitably and realistically for your area.

 

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