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If you are going to buy real estate, there are many decisions. However, arguably the biggest factor is in what city to make your home? How does one make arrive at that conclusion? Weather, schools, churches, synagogues, friends, family and jobs to name a few. However, what about amenities? Nightlife? restaurants? Golf? bars , arts and entertainment? Are these important? And combine all of the ingredients into a recipe and measure the dish in relation to the cost of living and most importantly the cost of real estate and you will arrive at the right decision.
I have lived in Boston, New York, Los Angeles (Santa Monica to be exact) and Scottsdale. Since, I live here now and work in Scottsdale real estate, you probably know my first, second and third choice. Scottsdale, Tempe and Phoenix (in no particular order). There are great homes at affordable prices (down more than 50% from 2006) to buy in these towns, great restaurants, shopping malls and opportunities to work.
One national magazine recently published and article stating ‘Tempe, Scottsdale named among top of America’s most fun, affordable cities to live‘ According to the article,
Arizona has two of the top four cities when it comes to fun and affordability.
A report on Bloomberg Businessweek has the Arizona cities ranked third and fourth in their top 25 fun and affordable cities in America.
Tempe, ranked third, is home to Arizona State University, has nightlife up and down Mill Avenue, and is not all that expensive. The total number of bars and restaurants is near 265. The median home price is just under $120,000. “It’s got opportunities for people to live in some of the finest mansions one can find but also some of the most solid, modestly priced neighborhoods in the state,” Tempe Mayor Hugh Hallman said. The nightlife includes swing, jazz, rock-n-roll, breweries and sports bars. Its next door neighbor, Scottsdale, gets the No. 4 ranking.
This report was based on housing prices in relationship to amenities. Bottom line, if you want a great place to live and enjoy life, than Scottsdale , Tempe and the surrounding towns of Phoenix is likely the best value money can buy.
Please contact me today so I can answer any questions you may have about Scottsdale real estate or Phoenix homes for sale.
James Wexler ~ Associate Broker ~ Realty Execs ~ 480-221-8080