Mediterranean home in 5131 Briar Meadow Way Las Vegas, NV
Set in Las Vegas, NV, this Mediterranean condo provides 3 bedrooms and 2 bathrooms across 1,198 square feet. The Mediterranean styling carries through the home's design.
| Price | $299,999 |
|---|
| Beds | 3 |
|---|
| Baths | 2 |
|---|
| Sqft | 1198 |
|---|
| Architectural style | Mediterranean (32% match) |
|---|
| Address | 5131 Briar Meadow Way Las Vegas, NV 89118 |
|---|
Why buy this home
- Confirmed Mediterranean architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced below comparable homes.
- At $300K, this home is 52% below the $620K median for 1229 similar Mediterranean homes in Las Vegas, NV.
- That works out to $250 per square foot, 5% below the $263 comparable rate.
- On the market 16 days.
| This home | $299,999 |
|---|
| Mediterranean median in Las Vegas, NV | $619,998 (1229 homes) |
|---|
| Price per sq ft | $250 vs. $263 comps median |
|---|
It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,902/month with 20% down at a 7.28% 30-year fixed rate. You would need about $81,519 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,642/mo |
|---|
| Property tax (new-buyer reassessed rate) | $147/mo |
|---|
| Homeowners insurance | $112/mo |
|---|
| Total monthly | $1,902/mo |
|---|
| Down payment (20%) | $60,000 |
|---|
| Income needed | $81,519/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home A- (80 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | A- (80/100) |
|---|
| Beats renting in | 50% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $191,971 |
|---|
| Range (10th to 90th pct) | $127,411 to $273,595 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Las Vegas, NV where local data is thin.
Local home values
Typical home values in Las Vegas, NV have risen about 17% over the past 5 years (-3% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto