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9733 Bonanza Creek Ave
Score
74
Las Vegas, NV

9733 Bonanza Creek Ave

540K
5 bd • 4 ba • 2,489 sf

This analysis was generated on 3/14/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$540,000

Price/Sq.Ft

$217

Year Built

2008

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Stainless steel appliances: Adds a modern touch to the kitchen • Plantation shutters: Enhances privacy and light control • Relatively new washer and dryer: Modern appliances in good working order • Tile roof • Stainless steel appliances • Plantation shutters • Relatively new washer and dryer • Price Position: At $216.95/sqft, the property is priced below the median price per square foot of $257 for the 89148 zip code, potentially making it an attractive option for buyers. • Appreciation Trend: Homes in 89148 have sold for 8.8% more than they did a year ago, indicating strong recent appreciation. However, the MoM price change is only 0.088%, suggesting a potential slowing of appreciation. • Rental Income: $2,960/month with 99% occupancy (5.1% cap rate) • Schools: The presence of a top-rated elementary school (9/10) adds an estimated 5-7% premium to property values. Lower middle and high school ratings may temper potential appreciation. • Future Development: The southwest valley is experiencing rapid growth, suggesting potential for new commercial and residential developments in the coming years. The property is near the Southern Highlands area, known for upscale amenities. • The house has good natural light, especially in the living areas and bedrooms, thanks to the windows and light-colored walls. • The layout is functional with an open concept living area. The kitchen is conveniently located near the living and dining spaces. The upstairs bedrooms are adequately sized.
Stainless steel appliances

Stainless steel appliances

Adds a modern touch to the kitchen.

The Bad

• Kitchen remodel (MEDIUM priority): $15,000 • Bathroom updates (MEDIUM priority): $8,000 • New flooring in living areas (LOW priority): $2,000 • The major flood risk (6/10) requires critical insurance coverage, adding to the overall cost of ownership. • Severe fire risk (7/10) also necessitates critical insurance, potentially increasing premiums. • Potential fluctuations in interest rates could impact buyer affordability and demand.

The Ugly

• Climate Risk: Due to major flood risk (6/10) and severe fire risk (7/10), insurance costs will be significantly higher. Expect to pay $3,000 - $5,000 annually for comprehensive coverage.
Dated kitchen

Dated kitchen

The kitchen cabinets and countertops are dated and could use updating.

Dated bathrooms

Dated bathrooms

The bathrooms have older fixtures and finishes.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $35,520 with 99% occupancy rate Value Investors: Projected 15.7% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $25,000 in strategic upgrades could significantly increase property value

Not For

Risk-averse buyers: Property faces significant climate-related insurance costs and risks
Demographics
Area Median Income

$83,224

Property History

Price History
Ownership Timeline
$0Financed
Sep 14, 2012
Fouad A Sadiki, Victoria B SadikiFouad A Sadiki, Victoria B Sadiki
Intrafamily Transfer
Non-Arm's Length Transactions
$337,040Financed
Jul 24, 2008
Woodside Canyon Creek LlcFouad A Sadii, Victoria B Bowman
Bargain And Sale Deed
New Construction Residential Transactions
$0Cash Purchase
Jul 15, 2008
Noureddine SadikiVictoria B Bowman
Intrafamily Transfer
Non-Arm's Length Transactions

Property Taxes

$2,343
2024 Tax Assessment
3.0%from previous year
Assessed Value$133,576
Tax Rate1.75%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Elementary

5.0/10
Average

Middle

6.0/10
Good

High

4.0/10
Average

Financials

Monthly Costs
Market Rent (5 bed)

$1,260

Get a detailed estimate on Zillow
HOA Fee

$30

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$540,000
Price/sqft
$217
Layout
5 bd4 ba
Days on market
21 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$608,500

11.3%

Your price is 11.3% below average

Median Price

$520,000

3.8%

Based on 6 recent sales

Price per Sq.Ft

$262

17.2%

Your price is 17.2% below average $/sqft

Comparable Properties

6163 Garden Oasis Street, Las Vegas, NV 89148
Price: $495,000
Sq.Ft: 2,003
Beds/Baths: 4/4
$/Sq.Ft:
$24713.9%
Sale Date: 12/9/2024
6134 Garden Oasis Street #lot 8, Las Vegas, NV 89148
Price: $510,000
Sq.Ft: 2,044
Beds/Baths: 4/4
$/Sq.Ft:
$25015.0%
Sale Date: 10/26/2024
9696 Starlight Ridge Avenue, Las Vegas, NV 89148
Price: $1,050,000
Sq.Ft: 2,983
Beds/Baths: 4/4
$/Sq.Ft:
$35262.2%
Sale Date: 10/20/2024
6139 Garden Oasis Street #lot 29, Las Vegas, NV 89148
Price: $520,000
Sq.Ft: 2,044
Beds/Baths: 4/4
$/Sq.Ft:
$25417.3%
Sale Date: 10/4/2024
6143 Garden Oasis Street #lot 28, Las Vegas, NV 89148
Price: $516,000
Sq.Ft: 2,044
Beds/Baths: 4/4
$/Sq.Ft:
$25216.4%
Sale Date: 9/24/2024
6993 Silk Oak Court, Las Vegas, NV 89148
Price: $560,000
Sq.Ft: 2,607
Beds/Baths: 4/3
$/Sq.Ft:
$2151.0%
Sale Date: 1/22/2025

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