Yes, it’s true many courses are going to be closing if they already haven’t. As Las Vegas continues to grow in population our water supply is being pushed to the limit. If you ever fly over Lake Meade you will see the drop of water level on the shore lines against the mountains. It’s been taking place for a long time and people continue to say, Oh, it’s Las Vegas we will find a solution to our water shortage.
If you look around some of the areas of the Valley for instance the Lakes. The Lakes have manmade lakes. Several, they are tranquil and beautiful. I actually have several clients who bought in the Lakes for the purpose of having the Lakes to enjoy. You can’t fish at these lakes. They are there for cosmetic reasons. There are often many ducks who have made their homes in and around the lakes.
Desert Shores also has a few manmade Lakes. I do foresee in the future that these Lakes will not be around. With the rising prices of water and the water conservation program taking place. It just doesn’t make sense that homeowners associations will want to continue increasing their HOA fees in order to keep or maintain these water features.
Are you looking to buy? Sell? Call NOW, Penny O’Brien 702.321.9383