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Top 5 Zip Codes That Gained The Most Equity in Las Vegas, NV

Equity: “The value in your home above the total amount of the liens against your home. If you owe $100,000 on your house but it is worth $130,000, you have $30,000 of equity.” as defined by the FTC.

The most significant perk of being a homeowner in todays current market is the equity that you are quickly gaining because the housing market is booming. Knowing how much your biggest investment has grown in value over time is one of the most rewarding aspects of homeownership. Therefore, knowing how to find your equity is invaluable knowledge to have. Valerie Peterson, General Manager of Custom Fit Real Estate, shows you how to find your equity and covers the top five zip codes in the Las Vegas Valley area that has gained the most equity in the last 12 months.

How to Find Your Equity

Valerie shows you how to follow the SalesTraq link to find your equity. This shows an interactive map that displays the Las Vegas Resale Price Appreciation Map by zip code. You can select the zip code you live in to get the details of the percentage growth of your equity in the last 12 months.

Top 5 Zip Codes that have Gained the Most Equity in the Las Vegas Valley Area

Join Valerie as she walks you through the 5 zip codes that have gained the most equity as of February 2022 in and around the Las Vegas, Nevada area. These are the zip codes that she covers with their percentage growths from the last 12 months:

  1. 89138 in Summerlin saw the most equity gain at 20%
  2. 89014 in Henderson, 17.7%
  3. 89052 in Anthem and Seven Hills area, 17%
  4. 89141 in Southern Highlands, 17%
  5. 89113 in Nevada Trails, 16.3%

To put it in to perspective, Las Vegas residents who are living in the 89113 Nevada Trails zip code gained about $60,000 in equity. For the highest growth zip code in 89138, the median home price $600,000. So if your home was worth that much, you gained $120,000 in the last 12 months alone!

Overview: What Does This All Mean

This means that as a buyer, you want to buy now! If you hesitate it’ll cost you in the end. As a seller, if you belong to these zip codes, you’re going to be seeing a huge return on your investment. If you’re not looking to buy or sell, you can use the equity on whatever you please! Upgrade your home, invest in other property, however way you want to spend it is up to you!

Custom Fit Real Estate
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