- Author: M.V. Moorhead
- Category: Lifestyle
- Issue: Aug 2014
After two years of double-digit gains, Phoenix Metro home values have leveled off in 2014. Still a good time to buy? Experts say yes, but buyers need to be savvy. For your consideration: 10 Valley neighborhoods to watch. Bonus: Tips and insights from real estate pros at all levels of the game.
Median Metro home value (May 2014) - $195,100
Projected one-year average increase in home values. If your home appreciates
more than this percentage by May 2015,
you’re ahead of the curve. - 6.9%
GOLF CANYON AT ESTRELLA
aka “Star of the South”
Why it’s hot: Tucked-away South Mountain location is ideal for outdoors enthusiasts; good home values; inevitable 202 South Mountain Freeway loop will alleviate hellish morning commute.
If Vistancia is the Scottsdale of the westside, maybe Estrella is the Scottsdale of the southside. Launched in the mid ‘80s by none other than that old reprobate Charles Keating – and acquired in 2005 by Newland Communities – the master-planned community covers more than 20,000 acres (so far) along the Sierra Estrellas in fast-growing Goodyear, and is home to some 12,000 people (so far). Like Vistancia (below), the development is divided into three broad zones: Mountain Ra