Live Beautifully - September 2021

Page 1

WH Y

offered at

$1,695,000

ME O

L LOVE THI SH U'L O Y

Conveniently located on a corner, cul-de-sac lot within walking distance to Troon Country Club.

When it comes to the North Scottsdale lifestyle and area real estate, The Luckys are proud to be the eminent source for their clients. With 100s of millions of dollars in sales under their belts, The Luckys are honored to be reputed as the most proficient and skilled in the industry.

Windy Walk Estates at Troon Village 10630 E Ranch Gate Road, Scottsdale, AZ 85255 4 Bed + Den | 4.5 Bath | 4,186 SQ FT | 3-Car Garage

LISA LUCKY 602.320.8415 Lisa.Lucky@RussLyon.com

offered at

$1,399,000

MATT LUCKY

Troon Ridge Estates II

480.390.0445 Matt.Lucky@RussLyon.com

11491 E Whispering Wind Drive, Scottsdale, AZ 85255 4 Bed + Den | 3 Bath | 3,873 SQ FT | 3-Car Garage

LAURA LUCKY offered at

$1,500,000

480.390.5044 Laura.Lucky@RussLyon.com

Rancho de los Animales: A Ranch Experience For The Disabled Real Estate Corner: Appreciation Rate Is Declining As Inventory Grows Events Around Town In Scottsdale And Beyond

Candlewood at Troon North 10914 E Quarry Trail, Scottsdale, AZ 85262 3 Bed + Den | 3.5 Bath | 4,109 SQ FT | 3-Car Garage

602.320.8415 | Lucky@RussLyon.com View more luxury listings at LisaLucky.com 7669 E Pinnacle Peak Road, Suite 110, Scottsdale, AZ 85255

View our luxury listings at LisaLucky.com


FEATURED COMMUNITY

Real Estate

corner

APPRECIATION RATE IS DECLINING AS INVENTORY GROWS The appreciation rate is declining now that inventory is growing. Appreciation can be measured in many different ways, but based on the monthly average of $/SqFt, the appreciation rate for all areas and types within the ARMLS database is now below 30%, having peaked at over 39% at the end of May. Obviously the rate based on the annual average $/SqFt is slower to react and is now leveling off near its peak at 24.4%.

Rosewood Homes Announces Two New Neighborhoods At Storyrock In Scottsdale Award-winning Scottsdale-based Rosewood Homes will begin development for two luxury home neighborhoods within the new 462-acre Storyrock community in North Scottsdale, located just east of Troon Mountain. Rosewood will offer two of Storyrock’s premier neighborhoods with sweeping views of the McDowell Mountains, Four Peaks and Troon Mountain along with access to over 150 miles of established trails within the McDowell Sonoran Preserve, and just a few minutes from fine dining, world-class golf and more. Rosewood Canyon at Storyrock will offer 19 well-detailed homes ranging from approximately 3,650 to 4,250 square feet in a gorgeous setting with open space on three sides. Rosewood’s 37 home Rosewood Highlands at Storyrock will be located on one of the highest elevations in Storyrock with inspiring mountain views with homes ranging from approximately 4,050 to over 5,700 square feet. Rosewood is known for exquisite attention to detail and energy-conscious features in construction. Each Rosewood residence at Storyrock is designed to provide seamless indoor/outdoor living with large picture windows, disappearing walls of glass, courtyards, outdoor fireplaces and more, including an optional 600 square foot view deck.

Both measures of appreciation are likely to fall further over the rest of 2021, though they are unlikely to get back down to what we might consider normal during the next four months. Normal would be something less than 5%. We last saw that in 2016. Even in a seller's market, not everything sells. 'Anticipatory Pricing' (pricing above 'market value' in anticipation of bids) will likely cost time and ironically discourage offers from those who will pay the most - and that would be the motivated buyers 'hovering', as it were, waiting for that next best value to hit the market; understanding they will likely have to compete for the best. Sellers achieve the highest price by Competitive Positioning - being perceived as the 'next best value' to the 'hoverers'.

Yes You Can! Beth Currier was a horse-loving girl in Los Angeles when she contracted polio in 1955 at the age of twelve. Her doctor said she would never walk again, let alone ride her horse, but he didn’t know Beth. Two years later, she traded her wheelchair for the back of a horse as part of her therapy. You can imagine the thrill every time she was lifted out of that wheelchair and into a saddle. Besides restoring her mobility and upper body strength, the freedom was exhilarating! Beth wanted to bring the same joy to other people who were also told, “You can’t.” In 1981, she moved to a one-acre ranch in Nipomo and started giving free rides to the disabled. By 1983, she had outgrown that ranch and moved to an eight-acre parcel on the Mesa in Arroyo Grande. Beth has been an activist for the disabled for many years. Through her efforts, RAD received the Service Organization of the Year award in 2003. Beth loves her work; her enthusiasm and positive attitude are infectious, but her biggest reward is seeing the smiling faces on the folks who were told they couldn’t. RanchodelosAnimales.org

RAD provides a free ranch experience for the disabled that includes therapeutic horsebackriding, a farm animal petting zoo and volunteering.

The market statistic remains to be local or neighborhood driven. If you would like to hear more information about your neighborhood or a particular area and/or price point of interest we are happy to do a detailed market report for you. Please call us at 602.320.8415 or email us at All.Lucky@RussLyon.com.

Bee Organized is a professional home organizing business aimed at helping people simplify their lives (“Hives”). We help our clients pare down unneeded, dust-collecting "stuff" and create customized, sustainable solutions in their homes. Basically, they have a whole lot of fun helping people eliminate chaos and clutter so they can experience increased peace and productivity and be more present on a daily basis! BeeOrganized.com

Sonoran Desert landscape favorites

Lisa: Ironwood Tree - The Ironwood tree is the desert's diamond-in-the -rough. Seen in its native habitat, the Ironwood can be unassuming and easily unnoticed. Given the proper grooming and shaping they become a statement piece for a well designed and landscaped yard. The silver bark and seasonal purple flowers are unique and impressionable.

“Storyrock is an incredibly gorgeous and unique property so we’ve designed updated versions of our most popular homes plus some new plans, architectural styles and some exciting new features exclusively for Storyrock,” says David Kitnick, president and founder of Rosewood Homes.

Matt: Flowering Bush - Chuparosa plan - They are a must have! It attracts the eight different species of hummingbirds that you find in Arizona and is a great addition to your landscaping, hence the nickname hummingbird bush. For a short time, it bears succulent leaves. It loses those leaves and then produces plentiful tubular flowers, usually in shades of bright to deep red, or sometimes yellow. This fruit is also edible - you can add them to salad!

Pre-sales are expected to begin this fall followed by and a Model Home Grand Opening in 2022. To learn more, contact Lisa Lucky at 602.320.8415 or email us at All.Lucky@RussLyon.com.

Laura: Texas Ebony - Under ideal conditions, it grows to 30 feet tall with an equal spread and is incredibly drought tolerant. It's a very full tree so if you want to camouflage another house or block wall, it's a great plant for filling things in. Beware! Birds love to make nests in these plants as they are thick and the thorns provide shelter from owls and larger predators.

SEPT. 10th - OCT. 31st | Mortimer Farms, Dewey, AZ

OCT. 9th, 6-10:30 pm | Fairmont Scottsdale Princess

OCTOBER 17th, 1-5 PM | Ocotillo Restaurant

Pumpkin Fest & Corn Maze

unMASKed

Smoked!

Looking to start a new family tradition? Mortimer Farms Pumpkin

Join us at UnMASKed – A New Way to Speakeasy, for a secretive

Arizona Foodie is dialing up the heat to ignite the hottest food event

Fest & Corn Maze has something for everyone! Enjoy farm-inspired

and refined evening as we enter a perfectly curated time capsule.

of the season. Smoked! returns to the Valley, bringing a chef-driven

rides and games, ziplines, corn maze, pumpkin patch and the

Experience the speakeasy nightlife with elegant fine dining, dancing,

“smoke off”. Guests enjoy smoked bites and/or bevvies from each

pick-your-own experience! Starting October 1st, Friday-Sunday,

entertainment, silent and live auctions. Special entertainment with

station, smoked cocktails from Bulleit and Mezcal Carreno, Ford’s

at sunset, see fire dancers, karaoke, barn dances, pig races, and

Montell Jordan. We unite to raise funds to give children tools to

Gin from a dry ice Negroni fountain, make sage sticks and drinks

navigating through the corn maze in the dark, and entertainment!

handle challenges related to peer pressure, trauma, boundaries and

from Ketel One Botanicals, Johnnie Walker, and lots of interactive

MortimerFarmsAZ.com/PumpkinFestival

technology. MaskMatters.org

entertainment. For tickets, visit ArizonaFoodieMag.com.

Domo Sushi is now open for business! Head over to North Scottsdale's newest sushi restaurant at Pinnacle Peak and Scottsdale Road. From beautiful displays of Sushi and Sashimi, to wonderful creations from our kitchen, your experience here at Domo Sushi will be most memorable. Follow Domo Sushi on Facebook for daily specials and upcoming events. DomoSushiAZ.com


FEATURED COMMUNITY

Real Estate

corner

APPRECIATION RATE IS DECLINING AS INVENTORY GROWS The appreciation rate is declining now that inventory is growing. Appreciation can be measured in many different ways, but based on the monthly average of $/SqFt, the appreciation rate for all areas and types within the ARMLS database is now below 30%, having peaked at over 39% at the end of May. Obviously the rate based on the annual average $/SqFt is slower to react and is now leveling off near its peak at 24.4%.

Rosewood Homes Announces Two New Neighborhoods At Storyrock In Scottsdale Award-winning Scottsdale-based Rosewood Homes will begin development for two luxury home neighborhoods within the new 462-acre Storyrock community in North Scottsdale, located just east of Troon Mountain. Rosewood will offer two of Storyrock’s premier neighborhoods with sweeping views of the McDowell Mountains, Four Peaks and Troon Mountain along with access to over 150 miles of established trails within the McDowell Sonoran Preserve, and just a few minutes from fine dining, world-class golf and more. Rosewood Canyon at Storyrock will offer 19 well-detailed homes ranging from approximately 3,650 to 4,250 square feet in a gorgeous setting with open space on three sides. Rosewood’s 37 home Rosewood Highlands at Storyrock will be located on one of the highest elevations in Storyrock with inspiring mountain views with homes ranging from approximately 4,050 to over 5,700 square feet. Rosewood is known for exquisite attention to detail and energy-conscious features in construction. Each Rosewood residence at Storyrock is designed to provide seamless indoor/outdoor living with large picture windows, disappearing walls of glass, courtyards, outdoor fireplaces and more, including an optional 600 square foot view deck.

Both measures of appreciation are likely to fall further over the rest of 2021, though they are unlikely to get back down to what we might consider normal during the next four months. Normal would be something less than 5%. We last saw that in 2016. Even in a seller's market, not everything sells. 'Anticipatory Pricing' (pricing above 'market value' in anticipation of bids) will likely cost time and ironically discourage offers from those who will pay the most - and that would be the motivated buyers 'hovering', as it were, waiting for that next best value to hit the market; understanding they will likely have to compete for the best. Sellers achieve the highest price by Competitive Positioning - being perceived as the 'next best value' to the 'hoverers'.

Yes You Can! Beth Currier was a horse-loving girl in Los Angeles when she contracted polio in 1955 at the age of twelve. Her doctor said she would never walk again, let alone ride her horse, but he didn’t know Beth. Two years later, she traded her wheelchair for the back of a horse as part of her therapy. You can imagine the thrill every time she was lifted out of that wheelchair and into a saddle. Besides restoring her mobility and upper body strength, the freedom was exhilarating! Beth wanted to bring the same joy to other people who were also told, “You can’t.” In 1981, she moved to a one-acre ranch in Nipomo and started giving free rides to the disabled. By 1983, she had outgrown that ranch and moved to an eight-acre parcel on the Mesa in Arroyo Grande. Beth has been an activist for the disabled for many years. Through her efforts, RAD received the Service Organization of the Year award in 2003. Beth loves her work; her enthusiasm and positive attitude are infectious, but her biggest reward is seeing the smiling faces on the folks who were told they couldn’t. RanchodelosAnimales.org

RAD provides a free ranch experience for the disabled that includes therapeutic horsebackriding, a farm animal petting zoo and volunteering.

The market statistic remains to be local or neighborhood driven. If you would like to hear more information about your neighborhood or a particular area and/or price point of interest we are happy to do a detailed market report for you. Please call us at 602.320.8415 or email us at All.Lucky@RussLyon.com.

Bee Organized is a professional home organizing business aimed at helping people simplify their lives (“Hives”). We help our clients pare down unneeded, dust-collecting "stuff" and create customized, sustainable solutions in their homes. Basically, they have a whole lot of fun helping people eliminate chaos and clutter so they can experience increased peace and productivity and be more present on a daily basis! BeeOrganized.com

Sonoran Desert landscape favorites

Lisa: Ironwood Tree - The Ironwood tree is the desert's diamond-in-the -rough. Seen in its native habitat, the Ironwood can be unassuming and easily unnoticed. Given the proper grooming and shaping they become a statement piece for a well designed and landscaped yard. The silver bark and seasonal purple flowers are unique and impressionable.

“Storyrock is an incredibly gorgeous and unique property so we’ve designed updated versions of our most popular homes plus some new plans, architectural styles and some exciting new features exclusively for Storyrock,” says David Kitnick, president and founder of Rosewood Homes.

Matt: Flowering Bush - Chuparosa plan - They are a must have! It attracts the eight different species of hummingbirds that you find in Arizona and is a great addition to your landscaping, hence the nickname hummingbird bush. For a short time, it bears succulent leaves. It loses those leaves and then produces plentiful tubular flowers, usually in shades of bright to deep red, or sometimes yellow. This fruit is also edible - you can add them to salad!

Pre-sales are expected to begin this fall followed by and a Model Home Grand Opening in 2022. To learn more, contact Lisa Lucky at 602.320.8415 or email us at All.Lucky@RussLyon.com.

Laura: Texas Ebony - Under ideal conditions, it grows to 30 feet tall with an equal spread and is incredibly drought tolerant. It's a very full tree so if you want to camouflage another house or block wall, it's a great plant for filling things in. Beware! Birds love to make nests in these plants as they are thick and the thorns provide shelter from owls and larger predators.

SEPT. 10th - OCT. 31st | Mortimer Farms, Dewey, AZ

OCT. 9th, 6-10:30 pm | Fairmont Scottsdale Princess

OCTOBER 17th, 1-5 PM | Ocotillo Restaurant

Pumpkin Fest & Corn Maze

unMASKed

Smoked!

Looking to start a new family tradition? Mortimer Farms Pumpkin

Join us at UnMASKed – A New Way to Speakeasy, for a secretive

Arizona Foodie is dialing up the heat to ignite the hottest food event

Fest & Corn Maze has something for everyone! Enjoy farm-inspired

and refined evening as we enter a perfectly curated time capsule.

of the season. Smoked! returns to the Valley, bringing a chef-driven

rides and games, ziplines, corn maze, pumpkin patch and the

Experience the speakeasy nightlife with elegant fine dining, dancing,

“smoke off”. Guests enjoy smoked bites and/or bevvies from each

pick-your-own experience! Starting October 1st, Friday-Sunday,

entertainment, silent and live auctions. Special entertainment with

station, smoked cocktails from Bulleit and Mezcal Carreno, Ford’s

at sunset, see fire dancers, karaoke, barn dances, pig races, and

Montell Jordan. We unite to raise funds to give children tools to

Gin from a dry ice Negroni fountain, make sage sticks and drinks

navigating through the corn maze in the dark, and entertainment!

handle challenges related to peer pressure, trauma, boundaries and

from Ketel One Botanicals, Johnnie Walker, and lots of interactive

MortimerFarmsAZ.com/PumpkinFestival

technology. MaskMatters.org

entertainment. For tickets, visit ArizonaFoodieMag.com.

Domo Sushi is now open for business! Head over to North Scottsdale's newest sushi restaurant at Pinnacle Peak and Scottsdale Road. From beautiful displays of Sushi and Sashimi, to wonderful creations from our kitchen, your experience here at Domo Sushi will be most memorable. Follow Domo Sushi on Facebook for daily specials and upcoming events. DomoSushiAZ.com


WH Y

offered at

$1,695,000

ME O

L LOVE THI SH U'L O Y

Conveniently located on a corner, cul-de-sac lot within walking distance to Troon Country Club.

When it comes to the North Scottsdale lifestyle and area real estate, The Luckys are proud to be the eminent source for their clients. With 100s of millions of dollars in sales under their belts, The Luckys are honored to be reputed as the most proficient and skilled in the industry.

Windy Walk Estates at Troon Village 10630 E Ranch Gate Road, Scottsdale, AZ 85255 4 Bed + Den | 4.5 Bath | 4,186 SQ FT | 3-Car Garage

LISA LUCKY 602.320.8415 Lisa.Lucky@RussLyon.com

offered at

$1,399,000

MATT LUCKY

Troon Ridge Estates II

480.390.0445 Matt.Lucky@RussLyon.com

11491 E Whispering Wind Drive, Scottsdale, AZ 85255 4 Bed + Den | 3 Bath | 3,873 SQ FT | 3-Car Garage

LAURA LUCKY offered at

$1,500,000

480.390.5044 Laura.Lucky@RussLyon.com

Rancho de los Animales: A Ranch Experience For The Disabled Real Estate Corner: Appreciation Rate Is Declining As Inventory Grows Events Around Town In Scottsdale And Beyond

Candlewood at Troon North 10914 E Quarry Trail, Scottsdale, AZ 85262 3 Bed + Den | 3.5 Bath | 4,109 SQ FT | 3-Car Garage

602.320.8415 | Lucky@RussLyon.com View more luxury listings at LisaLucky.com 7669 E Pinnacle Peak Road, Suite 110, Scottsdale, AZ 85255

View our luxury listings at LisaLucky.com


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.