One of the most precious resources for a state where the majority of its population lives in a desert is water. As the population grows so does the attention on this critical resource. However, as the valley has grown developers realized that lake communities and waterfront property presented an effective and unique marketing tool, and water conservationists saw the use of precious potable water to fill these decorative lakes a major concern. What’s the legislature to do?
Waterfront Community for Active Adults
Province is an active adult community with a guarded entry and a community center that is sure to impress. Province boasts a 32,000 square foot clubhouse that features something for everyone; a resort-style outdoor pool, an indoor lap pool, ballroom, fitness center, café, basketball court, outdoor amphitheater, bocce ball and tennis courts. Originally developed by Engle starting in 2003, construction in Province came to a halt after Engle filed for bankruptcy in 2008. Shortly after that Meritage acquired the remaining lots.
Concrete tile and composition shingle roofs
In colder climates the standard roof is asphalt composition shingle. However in Arizona concrete tile roofs are now more common than composition shingle roofs at least in the Phoenix area. Properly installed, tile roofs can last longer and can offer a better insulation system for the house than standard composition shingle roofs. The upfront cost of concrete tile roofs is higher, but they have a longer lifespan. Even though tile roofs appear sturdy and almost indestructible, it would be an error to believe that they can be installed without requiring any future maintenance or inspection. It is very common that during a house inspection cracked, displaced and broken tiles will be found. Repairs to a tile roof when found early are relatively inexpensive, but if left unattended the repair cost will increase significantly.
HOA Reserve Study – Another document in the HOA disclosures
If you have the patience to wade through all of the disclosure information that is provided by the HOA when you buy a house, you may stumble upon a document called a reserve study. In fact according to the current AAR Planned Community Addendum, the most recent reserve study must be provided to the buyer if it exists. If the HOA is responsible for maintaining a community with more than the normal level of common area amenities such as a man made lake or a community park or clubhouse, a reserve study is even more important. Continue reading “HOA Reserve Study – A tool to understanding how a community operates”
Chandler offers a broad range of waterfront property including townhouses and condos. These include Lakeshore at Andersen Springs, Bridges at Ocotillo, Cantabria Shores and Crescent Falls at Fulton Ranch. These waterfront properties are something that never would have been envisioned by Dr. AJ Chandler, a veterinarian who migrated from Canada in 1891 and for whom the city was named after. Now Chandler boasts the most waterfront communities of any city in Arizona and is home to many high tech companies. For more information, read on!
Solar Panels in Phoenix – A Good or Bad Idea?
With a nickname, The Valley of the Sun, doesn’t it make sense for Phoenix and surrounding cities to readily embrace any electricity saving device that leverages the abundant supply of year round sun? Some homeowners are taking advantage of our seeming never ending supply of this natural resource. This is a topic which both buyers and sellers need to be very informed because the number of houses for sale with solar panels will continue to increase. As of Nov. 2015 approximately 2.5% of the homes for sale offer either leased or owned solar systems. And understanding the difference in th resale market of leased vs. owned solar panels is extremely critical.
Buyers who are looking for luxury waterfront homes on a boat friendly lake in south Chandler need to consider Pinelake Estates. What makes this community standout when compared to other lake subdivisions is the distance from one shore to the other. With a larger body of water the views are significantly enhanced. With a total of just over 200 properties about 90 of them are waterfont lots. Another appealing feature is the average lot size is just under 15,000 sq.ft., giving you plenty elbow room!
For a long time the only waterfront option in the City of Maricopa was Province, a retirement lake community. As the City of Maricopa has grown from a small rural farming town into the second most populous incorporated town in Pinal county with over 47,000 residents it was only reasonable that another lake community would follow.
Custom Waterfront Homes in The Islands
One of the largest and most popular lake communities in the valley is located in the southeast valley in Gilbert. The Islands lake community that covers 1.5 square miles and includes three separate bodies of water perfect for boating including canoes and kayaks. The diverse selection of waterfront property in The Islands includes townhouses, smaller single family dwellings, homes built by well known builders, and also custom homes.
Mark Twain is credited with popularizing the phrase, “Lies, damned lies, and statistics”. Obviously, he was aware how data can be manipulated, misleading and needs to be understood in the proper context. In real estate, we deal with statistics on a daily basis. In an effort to understand trends, we encounter the terms “average sales price” and “median sales price”. Both of them use the same set of data. Its just how you look at the data so it is useful to understand the difference between the two terms.