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Old 12-30-2022, 06:28 AM
 
32 posts, read 60,115 times
Reputation: 67

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Hi.
I'm considering moving to the Las Vegas area - Henderson or Summerlin. I am concerned with the state of Lake Mead and the future of having water. Is anyone out there concerned that you might not have water in the coming years and that your house will then be worthless?
I ask because I would like to move to the region, but I am concerned.
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Old 12-30-2022, 08:00 AM
 
1,608 posts, read 2,015,880 times
Reputation: 2036
No one can predict the future. If you're concerned, stay away.
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Old 12-30-2022, 09:39 AM
 
31 posts, read 26,155 times
Reputation: 59
Don't know. There are a lot of changes coming by federal officials next year to keep the lake propped up.

There will likely be someone here stating that we will be fine in LV because of the 3rd intake below deadpool level. When I hear that statement, it's just parroting what they've heard on the news. Not a guarantee by any means.

Glen Canyon Dam, upstream on the UT/AZ border, is closer to deadpool than we are. And if or when they hit deadpool- that shuts off the tap to lake mead.

I personally think that yes, Las Vegas will have a sufficient water supply in the coming decades, due to the collaboration between the feds and lower basin states. Take that as you will, I'm just a stranger on the internet. But I have been following the situation closely and have the same concerns as you do.
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Old 12-30-2022, 11:03 AM
 
32 posts, read 60,115 times
Reputation: 67
I certainly appreciate your response and your opinions. Thank you.
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Old 12-30-2022, 11:50 AM
 
1,558 posts, read 4,785,095 times
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Yes, there will be enough water.
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Old 12-30-2022, 03:06 PM
 
6,385 posts, read 11,888,213 times
Reputation: 6875
Where have houses become worthless from a lack of water? If water is restricted enough housing values will go UP not down. Supply and demand will win the day as it always eventually does.
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Old 12-30-2022, 07:20 PM
 
Location: Southern Highlands
2,413 posts, read 2,031,264 times
Reputation: 2236
Quote:
Originally Posted by Willy702 View Post
Where have houses become worthless from a lack of water? If water is restricted enough housing values will go UP not down. Supply and demand will win the day as it always eventually does.
Owens Valley CA
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Old 12-30-2022, 10:59 PM
 
6,385 posts, read 11,888,213 times
Reputation: 6875
Quote:
Originally Posted by Cold Warrior View Post
Owens Valley CA
Well if you think some other city is going to divert all of Las Vegas water I suppose that's relevant. Got anything that has happened in the last say 90 years?
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Old 12-31-2022, 06:51 AM
 
Location: Wandering
400 posts, read 564,062 times
Reputation: 601
We recently left LV due to the unknowns and potential cuts to water (not the only reason). Rapidly approaching 50, we did not want to see house values tumble as we approached retirement age (and into retirement). Thought it was a good time to cash out of an inflated housing market and run while we could! Love LV, but if you spend any time at Lake Mead or Powell, you'll see that there is a major issue with no resolution in the near future (i.e. solving the Southern California & Arizona water problems that are fed by Lake Mead).
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Old 01-01-2023, 09:11 AM
 
Location: Sarasota, FL
36 posts, read 26,272 times
Reputation: 133
There will be plenty of water to bathe and drink for the next 100+ years. Water for farmers in AZ and CA not so much....
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