Phoenix Area: My daughter bought a new build 1400 sq ft home on a small but not ridiculously small lot for about $210,000. She’s WAY OUT in the southeast valley, has a 50 minute or more commute. In order to get a new home in her price range, she couldn’t live in the central part of the Phoenix valley.
It’s a very basic home, has a “great room” instead of a dining room or family/TV room, has a kitchen table nook, two bathrooms and three bedrooms, two car garage, small back patio, base level carpet and floor tile. A few little extras: dual pane windows, extra insulation, high efficiency heat pump, no fireplace, basic granite kitchen counter tops.
Mr. Roo Roo and I live in south Tempe, a more expensive part of Tempe to live in. We’re also located in an area which has the best public school systems in the state. We have 2000 square feet a decent-sized lot, 3 bedrooms, two baths, kitchen nook and formal dining room, large living room and large TV room, fireplace, very nice landscaping, two car garage. We re-did and upgraded the inside of the house with high end cherry cupboards, premium granite, premium fixtures and travertine tile throughout the house and new high end kitchen appliances. A realtor told us our house would sell for between $360k to $370 k.
What I like most about our house is..........it’s been PAID OFF since 2000, WHEE!!!
We pay about $2000 per year in property taxes.