Silverado Ranch
Silverado Ranch is a vibrant community in the south of Las Vegas, Nevada. It's known for its beautiful homes, lush landscapes, and easy access to nearby amenities like shopping centers and restaurants.
History
Early Development
The land on which Silverado Ranch sits has been used for farming since the early 1900s. Only in the late 1990s did a development company, American Nevada Corporation, purchase the land. It began developing the land as a residential neighborhood in 2000. Since then, Silverado Ranch quickly became a popular destination for homebuyers due to its proximity to the Las Vegas Strip and its upscale amenities.
Population Growth
Since its development, Silverado Ranch has experienced constant population growth. The area has seen a 16.7% population increase since 2010 and is now home to approximately 63,000 residents. The population growth can be attributed to the area's affordable housing market, desirable school districts, and growing job opportunities.
Community Amenities
Silverado Ranch has an extensive network of parks, including Silverado Ranch Park, which features a skate park, dog park, and several sports facilities. The area boasts excellent shopping and dining options, with nearby malls and retail centers like The District at Green Valley Ranch and Town Square Las Vegas. Residents also have access to several hospitals, including the Saint Rose Dominican Hospital - San Martin Campus.
Silverado Ranch's prime location also makes it ideal for commuters. Two major highways serve the area, providing easy access to the Las Vegas Strip and the rest of the metro area. In addition, the community is close to McCarran International Airport, making long-distance travel convenient for residents.
The Clark County School District serves Silverado Ranch, including Silverado High School and Cadwallader Middle School. The district offers a variety of educational opportunities and academic programs that cater to students of all ages.
Finally, Silverado Ranch has plenty of recreational activities to offer its residents. From golf courses and movie theaters to museums and public parks, plenty of leisurely activities are available in this vibrant community.
Real Estate Market
The real estate market in Silverado Ranch has been stable over the years, mainly due to its ideal location and growing popularity. The median home price in the neighborhood is around $350,000, making it an affordable option compared to other areas in Las Vegas. The most famous homes in the community are single-family homes, with many properties boasting well-manicured lawns and spacious backyards.
Cost of Living
The cost of living in Silverado Ranch is significantly lower than that of other Las Vegas neighborhoods. The area's overall cost of living index is around 88, compared to the US average of 100. This makes it more attractive to those looking for a low-cost place to live in Las Vegas.
Overall, Silverado Ranch is a vibrant community that offers its residents plenty of amenities, recreational activities, and easy access to the rest of Las Vegas. It's an ideal place for those looking for an affordable option in the city and boasts a variety of housing options and educational opportunities. With its prime location and growing population, Silverado Ranch continues to be one of the most popular neighborhoods in Las Vegas.