5250 S Rainbow Blvd Unit 1071
Spring Valley, NV 89118
4% above the area
- Beds / baths2 bd / 2 ba
- Size1,034 sqft
- Lot15,670 sqft lot
- Year built1997
The deal readAI analysis
- Asking $260/sqft against $232/sqft for similar homes nearby, across 130 comparable sales.
- 4 days on market against a 72-day median in 89118, counted from Kouzr's own daily snapshots; relists don't reset it.
Generated by Kouzr's model from county records, our own daily price snapshots, and the listing text; comps context is an automated estimate, not an appraisal. Open this home in the app for the full score breakdown, comp list, and alerts.
What it's worthAI estimate
Kouzr's own model, from 130 nearby homes, compared on price per square foot with the HOA and the pool/garage difference priced in on both sides, which is the same basis as the discount above. The range is ±6%, wider when there are fewer comps to go on. It is not an appraisal, and it has never seen the inside.
About this home
Welcome home to this desirable guard-gated community and upgraded, move in ready condo! This 2-bedroom, 2- full bath first floor condo offers stylish living with beautiful quartz countertops, a bright open layout, and a cozy fireplace as the focal point of the living room. The primary bedroom has a nice walk- in closet and the primary bathroom has been fully upgraded. Designed for comfort and convenience, this home is perfect for easy everyday living. Ac unit is only 2 years old and has a water softener. HOA covers water, sewer, trash and exterior maintenance. Ideally located near shopping, dining and major freeway access-everything you need in just minutes.
Description and features as the listing agent gave them, not checked against the county record. See it on the original listing
What it costs a month
- Principal & interest
- $1,360
- Property tax
- $135
- Home insurance
- $78
- HOA
- $450
Loan $215,200 over 30 years at 6.5%, with 0.6% property tax and 0.35% insurance, Clark County defaults, not a quote. Keep them on your account in the app.
The market in 89118
145 homes for sale here right now.
This home asks 20% below the ZIP median, and 4% above on price per square foot.
Computed from the 145 homes we currently track in 89118, not from an MLS market report. Homes that have gone pending or sold are left out of the asking figures. No confirmed closings here yet: a sale is only counted once a home has been off our pulls long enough to confirm it sold.
The neighborhood
- Walkability
- 14 / 20 — somewhat walkabletransit 14 · street network 17 · land-use mix 17
- Climate
- 104°F summer highs · 40°F winter lows · 82 days over 100°F
- Natural hazard risk
- Relatively ModerateFEMA National Risk Index
The full read on this home
Kouzr scores every home in the valley against the rest of it. The page above shows the result; the working is in the app.
- The 0-1 deal score, and which factor moved it
- The 130 comparable sales behind the discount, address by address
- Owner tenure, estimated equity, and whether the owner lives here
- Recorded notices of default, trustee sales, and other distress filings
- Email the moment this price drops
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