Value of Phoenix Waterfront Property
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. Continue reading “What is the premium for Phoenix waterfront property?”