Wood Glen Summerlin Homes Sale

Wood Glen Summerlin Homes Sale: A Comprehensive Guide with Costs Involved

Summerlin, one of Las Vegas’s most sought-after master-planned communities, is home to the charming neighborhood of Wood Glen.

Known for its serene environment, family-friendly atmosphere, and proximity to top-notch amenities, Wood Glen is a prime location for homebuyers.

If you’re considering purchasing a home in Wood Glen Summerlin homes.

It is essential to understand the market, the types of homes available, and the costs involved.

This guide will walk you through everything you need to know about Wood Glen Summerlin homes for sale, including the financial aspects of buying a property in this desirable area.

Key Takeaways:

1. Prime Location: Wood Glen Summerlin homes is a family-friendly neighborhood in the highly desirable Summerlin community, offering easy access to parks, schools, and amenities.
2. Home Prices: Median home prices range from $$500,000to\; \$$800,000, with costs per square foot between $$and\; \$$350.
3. Key Costs:
   • Down payment: 3.5%-20% of purchase price.
   • Closing costs: 2-5% of purchase price.
   • HOA fees: $50-$150/month.
   • Property taxes: 0.70% of home value annually.
4. Market Trends: Homes sell quickly (often within 30-60 days) due to high demand and limited inventory.
5. Great Investment: Wood Glen Summerlin homes offers strong appreciation potential, a high quality of life, and access to Summerlin’s top-notch amenities, making it a smart long-term investment.

Overview of Wood Glen Summerlin

Wood Glen Summerlin homes is a well-established neighborhood within the larger Summerlin community.

Summerlin itself spans over 22,500 acres and is renowned for its parks, trails, golf courses, and excellent schools.

Wood Glen, in particular, offers a mix of single-family homes with spacious layouts, modern designs, and access to Summerlin’s extensive amenities.

The neighborhood is ideal for families, professionals, and retirees alike, thanks to its quiet streets, well-maintained properties, and proximity to shopping centers, dining options, and entertainment venues.

Whether you’re looking for a cozy starter home or a luxurious estate, Wood Glen has something to offer.

Types of Homes Available in Wood Glen Summerlin homes

Wood Glen Summerlin homes features a variety of home styles and sizes to suit different preferences and budgets.

Here are some of the common types of homes you’ll find in the neighborhood:

1. Single-Family Homes: These are the most common property type in Wood Glen, ranging from 1,500 to 3,500 square feet. They typically feature 3-5 bedrooms, 2-3 bathrooms, and spacious backyards.
2. Luxury Homes: For those seeking high-end properties, Wood Glen offers larger homes with premium finishes, custom designs, and upgraded amenities like pools and outdoor living spaces.
3. Resale Homes: Many homes in Wood Glen are resale properties, offering character and established landscaping.
4. New Construction: While Wood Glen is a mature neighborhood, there may be opportunities for new builds or recently constructed homes.

Current Market Trends in Wood Glen Summerlin

As of 2023, the real estate market in Summerlin remains competitive, driven by high demand and limited inventory.

Wood Glen Summerlin homes, being part of this thriving community, reflects these trends.

Here’s a snapshot of the current market:

• Median Home Price: The median home price in Wood Glen ranges from $$500,000to\; \$$800,000, depending on the size, condition, and location of the property.
• Price per Square Foot: On average, homes in Wood Glen cost between $250 to $350 per square foot.
• Days on Market: Homes in Wood Glen tend to sell quickly, often within 30-60 days of being listed.

Costs Involved in Buying a Home in Wood Glen Summerlin

Purchasing a home in Wood Glen involves several costs beyond the listing price. Here’s a breakdown of the expenses you can expect:

1. Down Payment

The down payment is one of the most significant upfront costs when buying a home.

The amount depends on the type of mortgage loan you choose:

• Conventional Loan: Typically requires a down payment of 10-20% of the home’s purchase price. For a $$thiswouldbe\; \$$60,000 to $120,000.
• FHA Loan: Requires a lower down payment of 3.5%, which would be $fora\; \$$600,000 home.
• VA Loan: Eligible veterans and active-duty service members may qualify for a 0% down payment.

2. Mortgage Payments

Your monthly mortgage payment will depend on the loan amount, interest rate, and loan term.

Here’s an example for a $600,000 home with a 20% down payment:

• Loan Amount: $480,000
• Interest Rate: 6.5% (as of 2023)
• Loan Term: 30 years
• Monthly Payment: Approximately $3,033 (including principal and interest)

3. Closing Costs

Closing costs are fees associated with finalizing the home purchase.

These typically range from 2-5% of the home’s purchase price.

Closing costs may include:

• Loan Origination Fees: Charged by the lender for processing the mortgage.
• Appraisal Fees: To determine the home’s market value.
• Title Insurance: Protects against ownership disputes.
• Home Inspection: Recommended to identify any issues with the property.
• Property Taxes and Insurance: Often prorated and paid at closing.

4. Property Taxes

Property taxes in Clark County, where Summerlin is located, are relatively low compared to other states.

The average property tax rate is 0.70% of the assessed home value.

For a $$thisamountsto\; \$$4,200 annually or $350 per month.

5. Homeowners Insurance

Homeowners insurance is required by lenders and protects against damage or loss.

In Summerlin, the average annual premium is $1,000to$1,500, depending on the home’s value and coverage.

6. HOA Fees

Many neighborhoods in Summerlin, including Wood Glen Summerlin homes, have homeowners association (HOA) fees.

These fees cover maintenance of common areas, amenities, and community services.

In Wood Glen, HOA fees typically range from $50 to $150 per month.

7. Maintenance and Utilities

Owning a home also comes with ongoing costs for maintenance and utilities.

These can include:

• Landscaping: $$100-\$$300 per month (if hiring a service)
• Pool Maintenance: $$-\$$200 per month (if applicable)
• Utilities: $$200-\$$400 per month (electricity, water, gas, etc.)

Why Invest in Wood Glen Summerlin?

1. Prime Location: Wood Glen Summerlin homes is centrally located within Summerlin, providing easy access to Red Rock Canyon, Downtown Summerlin, and major highways.
2. Quality of Life: The neighborhood offers a peaceful, family-friendly environment with top-rated schools and recreational amenities.
3. Strong Appreciation: Homes in Summerlin have historically appreciated in value, making Wood Glen a sound investment.
4. Community Amenities: Residents enjoy access to parks, trails, golf courses, and community events.

Tips for Buying a Home in Wood Glen

1. Work with a Local Realtor: A real estate agent familiar with Summerlin can help you navigate the market and find the right property.
2. Get Pre-Approved: Secure a mortgage pre-approval to strengthen your offer and streamline the buying process.
3. Research HOA Rules: Understand the HOA’s covenants, conditions, and restrictions (CC&Rs) before purchasing.
4. Inspect the Property: Hire a professional home inspector to identify any potential issues.
5. Act Quickly: With high demand and low inventory, be prepared to make a competitive offer.

Wood Glen Summerlin homes offers an exceptional living experience with its beautiful homes, vibrant community, and convenient location.

While the costs of buying a home in this neighborhood can be significant, the long-term benefits of living in one of Las Vegas’s most desirable areas make it a worthwhile investment.

By understanding the market trends and expenses involved, you can make an informed decision and find the perfect home in Wood Glen.

Whether you’re a first-time buyer or looking to upgrade, Wood Glen Summerlin homes is a place you’ll be proud to call home.

Wood Glen Summerlin Homes Sale in the highly acclaimed Summerlin master planned community are obtained through the Las Vegas MLS.

Buyers and sellers will find the following real estate information: property address, list price, the square footage of the floorplan, lot size, year built, number of bedrooms, number of bathrooms, garage size, and the days on the market.

Photos of the houses are available for viewing as well.

Also included with Wood Glen Summerlin Homes Sale information are maps of the community.

Which show all the available single family residential homes for sale in the subdivision.

Be sure to check out the maps to see where the homes are situated in the Summerlin real estate Las Vegas master planned community neighborhood.

Wood Glen Summerlin Homes Sale

Wood Glen Summerlin homes for sale are located in The Trails Village.

Just like the other Summerlin villages in the community.

The Trails Village has terrific amenities for its residents.

For example, there are trails for walking, jogging, and biking.

Parks and recreation are abundant in this master planned community as well.

Summerlin real estate Las Vegas residents also enjoy the numerous community centers available to them.

Plus, the schools and shopping are conveniently located to this Las Vegas suburb.

If you are considering living in Las Vegas, NV, the new home for sale Summerlin master planned community is a great housing choice.

If you are interested in the Summerlin real estate Las Vegas, then you just may want to consider homes for sale.

Wood Glen homes for sale are located in The Trails Village.

Just like the other Summerlin villages in the community, the Willows Village has terrific amenities for its residents.

For example, there are trails for walking, jogging, and biking.

Parks and recreation are abundant in this master planned community as well.

Summerlin residents also enjoy the numerous community centers available to them.

Plus, the schools and shopping are conveniently located to this Las Vegas suburb.

If you are considering living in Las Vegas, NV, the Summerlin master planned community is a great housing choice.

If you are interested in the Willows Village in Summerlin, then you just may want to consider the Wood Glen homes for sale.

Summerlin is an affluent master-planned community in the Las Vegas Valley of Nevada.

It lies at the edge of the Spring Mountains and Red Rock Canyon, on the western periphery of Las Vegas, Nevada in unincorporated Clark County.

The community occupies 22,500 acres and includes a variety of land uses, including: residential, commercial, recreational, educational, medical, open space, and cultural.

When buying or selling Las Vegas homes for sale.

Contact an experienced Realtor!

Wood Glen Summerlin Homes for Sale

Wood Glen Summerlin Homes