Homes in Nye County Nevada
2021 $0 down, VA home loan limit for Nye County is $548,250.
During the Nevada mining boom famed industrialist Charles Schwab purchased the Montgomery Shoshone Mine in the town of Rhyolite. He invested heavily in the town’s infrastructure. Piped water, electric lines and railroad transportation were all brought in to this little corner of Nevada, courtesy of Schwab. Seemingly overnight, water mains, telephones, newspapers, a hospital, school and even an opera sprouted up. Just four years later, the mine, operating at a loss would be closed down. As quickly as people came with the prospect of gold alluring them, they were gone. Rhyolite became just one of many ghost towns filling, Nye County.
Because it only experienced a small portion of the gold and silver boom that it’s surrounding counties reveled in and its close proximity to pioneer trails, Nye County was largely a railroad community. Much of the track and trail lines that were originally built in the late 1800s still exist today.
Maximum VA Appraisal Fees Allowable In Nye County:
- Single Family: $450
- Condominium: $450
- Manufactured Housing ( including modular): $450
- Duplex $500
- Triplex $600
- Fourplex $600
- Repair Certification $100
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What to expect in Nye County, Nevada
The population of Nye County is around 44,000 residents; this is misleading when its land mass as well as the amount of government operated land within the county is taken into account. With a square mileage of nearly 19,000, this is the largest county by area in the state of Nevada, as well as the third largest county in the lower 48 states. Restricting residential growth is the enormous chunk of land controlled by the federal government. Over 90 percent of the land in the county is either used for military purposes or is federally preserved. Among the national protected areas of the region are the famous Death Valley National Park and the Humboldt-Toiyabe National Forest. Considered cornerstones of the state and country, the government is working towards preserving these national treasures for generations to come.
Although somewhat limited, residential opportunities in Nye do still exist, this is the ideal place for outdoor aficionados wanting to experience the breathtaking views and surreal environment of the area.
Home prices throughout the county vary greatly depending on the type of structure, location and curb appeal. For example, some subdivisions are beautifully landscaped with real or artificial turf, stone paths and outdoor barbeque pits. Other homes may come with much more acreage but also fewer amenities. The population of the county mostly resides near the county seat, Pahrump.
This eclectic county has all the right features to accommodate any homeowner and their ideal wish list.
Many military operations exist within the Nye County borders.
Tonopah Test Range
The Tonopah Range Facility, also known as the Tonopah Test Range Airport is a mixed use facility that offers civilian accommodations as well as military testing.
Elsewhere in the county, air and ground military training exercises are commonplace. Various military units have local facilities since their expansion prior to World War I. Although uncommon, nuclear testing has also been conducted in the area throughout the years.
The state of Nevada offers a tax exemption for veterans annually. This benefit may be used by service members who served during wartime. Applicable to either vehicle privilege tax or property tax (cannot be divided between them); veterans in Nye County looking to learn more about this benefit should contact the local office of Veteran Services.
Disabled veterans with a service related disability are eligible to receive 60 percent or more in a tax property exemption.
For veterans who require medical services, a VA medical clinic is located in Pahrump.
Links
- Nevada VA Loan Information: https://www.vahomeloancenters.org/nevada-military-mortgage-home-loan-limit-info/
- VA Loan Information by State: https://www.vahomeloancenters.org/va-loan-limit-maximum-va-loan-amount/
