People have often commented that Phoenix waterfront property is an oxymoron. How can there be waterfront homes in a desert? Not too far into the conversation, the question will be “Is waterfront property more expensive than non-waterfront property?” The easy answer is “yes, of course” since there is less of it. Where it gets more complicated is the question, “How much more expensive is a waterfront home?” My answer has always been, “well, it depends”. I thought it was about time to put some numbers to it. Read the rest of this entry
Buying a home can be a daunting and stressful undertaking, whether you’ve lived here for years or are relocating from another state. Performing a thorough due diligence is critical and entails more than just a home inspection. It also includes an understanding of the surrounding area, the neighborhood, the HOA and the CC&R’s, soil conditions, crime reports, etc. In order to assist buyers , the Arizona Department of Real Estate and Association of Realtors have published a Buyer Advisory as a supplemental tool for buyers. Read the rest of this entry
One of the many Val Vista Lakes waterfront neighborhoods includes Breckenridge Bay, a townhouse complex of 60 townhouses, 37 of them are waterfront. The majority of the properties were built between 1987 – 1997. There is no community pool in Breckenridge Bay but that’s understandable because the amenity rich Val Vista Lakes club house & community center with 8 tennis courts and 2 pools is right around the corner.
We all know that pictures of a house for sale may allow you to fall in love with a house, but what does the lakefront neighborhood look like? And those wide angle pictures may lead you to believe that the backyard is almost 1/2 an acre on a waterfront lot, but how large is it really? Read on to become an informed buyer, and drive through the neighborhood, even from thousands of miles away.
Determining if a Phoenix lake community allows boating
One of the most frequently asked questions I recieve is “Does this lake community allow boating?” The second most frequent question is “How big is the lake?” We’re going to answer both of these questions. Previously, I’ve attempted to make a list of lakes where boating, kayaking, and canoeing are permitted and which lakes are larger and more conducive to boating. I’m going to share some tools with you so that you can answer these questions.
Starting your Phoenix area waterfront home search
Not all Phoenix waterfront property is created the same. Some residential lakes provide ample room for pontoon boats and kayaks, while others have been characterized merely as canals. So do all lake subdivisions allow boating? Do some lakes allow fishing while others do not? And what about the water quality, do all lakes receive water from the same source? Which Phoenix cities have the most lake subdivisions and waterfront homes? If you are curious about any of these questions, read on.
The past 2 years have provided Phoenix area homeowners with double digit gains, and the market has been in the sellers’ favor. But with higher prices and more sellers looking to take advantage, the balance between buyers and sellers is shifting. Distressed sales (short sales and foreclosures) which were a favorite of investors continue to see significant decreases. Are foreclosures coming back? Will more houses sell in 2014? How long will it take to sell a home in 2014? Are inventory levels still low? Continue to read for answers to these questions.
What is a Community Facilities District?
A community facilities district is a special taxing district that allows the financing of the installation, operation and maintenance of public improvements such as roads, water and sewer facilities, flood control and drainage projects. Many well-known communities in Scottsdale, Goodyear, Surprise, Peoria, Buckeye and Mesa have utilized CFD’s to finance the installation and maintenance of infrastructure for specific communities. The bonds associated with the CFD’s become the responsibility of the property owners who benefit from the infrastructure improvements. How can you find out if your property is located in a CFD? And if it is, what are the taxes for the CFD?
Waterfront townhouses in Gilbert are not very common, and The Islands is one of the few lake communities that offer lakeside townhomes. The Islands is one of the largest man made lakes in the east valley and a true favorite of those who enjoy boating. The Islands also boasts great proximity to the freeway, parks and shopping. It consists of three separate bodies of water which comes from the SRP watershed.
Waterfront home in Cottonfields Community
Located in the Cottonfields gated golf community of Laveen, Arizona are 15 lakeside homes. About 10 homes have south facing backyards and great mountain and waterfront views. Over 100 homes in the community are golf course lots. For more information on a fantastic waterfront home for sale, read on….