What can I buy in the Scottsdale Area for $1 million?

Community Comparison Scottsdale

3 B e d r o o m H o m e s

Introduction

CHOOSINGTHERIGHTCOMMUNITYCANBE OVERWHELMING.OURHOMECOMPARISONTOOL HELPSYOUCOMPARECOMMUNITIESBASEDON COSTOFHOMESCURRENTLYLISTEDINTHESAME APPROXIMATEPRICERANGE.WEBASEDTHIS COMPARISONONSINGLEFAMILYHOMESASYOUR PREFERENCE.

Denise van den Bossche leads the Exec-Elite team at Realty Executives Phoenix

•Denise was named top producer for the Maricopa County, and number number two WORLDWIDE with Realty executives International for 2022 Solo Agent Production. She is an Associate Broker and REALTOR and leads the Exec-Elite team at Realty Executives from her Scottsdale offices.

•Denise has built her career over 4 decades of full- time commitment in the Phoenix-Scottsdale Real Estate sector. She supplemented her skills with studies and licensing in wealth management (NASD Series 7), land syndication (Series 22) and general contracting (B-1) by the time she turned 30.

•Denise is an ELITE GUILD member of the Institute for Luxury Home Marketing, a SRES, and a Legacy LEED Accredited Professional and the former State Chair of the Arizona U.S. Green Building Council.

•Denise’s husband Patrick is President of Realty Executives International, supporting the most tenured brokers and agents in the industry in more than 500 offices worldwide. Denise is based at Realty Executive’s Phoenix headquarters in Scottsdale near McCormick Ranch and Paradise Valley. Her Exec-Elite team covers the entire Phoenix Valley.

Denise van den Bossche

Old Town Scottsdale

Old Town Scottsdale is walkable, and therefore tends to have higher home prices then other suburbs of the Phoenix Valley.

Living downtown in Old Town can be pricey, with luxury condos and townhouses dominating the real estate here. Arcadia next door is the highest priced area relatively speaking.

Neighborhoods surrounding Old Town have been seeing a resurgence in remodeling older homes beautifully. These neighborhoods offer an option to be close to all the excitement of Old Town at a lower price point.

Briarwood

One Option on being in the heart of walkability to the Scottsdale Resort Corridor are the gated Briarwood Land

Lease communities.

7317 E. Solcito

4 Bed, 4 bath New Pool, Spa, Misted covered Patio

Gated $990,000 HOA + Land Lease $585/mo

www.LiveinScottsdale.homes

Seneca Townhomes built in 2018 offer a 2 car garage. HOA $370/mo

Neighborhoods surrounding Old Town

Single Family Homes around $1 million

Older neighborhoods between Old Town and the 101 have been remodeled over time and provide a good option.

McCormick & Gainey Ranch Scottsdale

Located between Kierland Commons and Old Town Scottsdale, these gated neighborhoods are popular due to their central location.

Some provide access to a clubhouse, fitness or golf. HOA fees vary depending on gated access vs. Guard gated, and some provide both for privacy and security.

Prices in Gainey are above the $1M range, However, McCormick Ranch is has neighborhoods worthy of exploring.

Kierland - Scottsdale Quarter - PV Mall 85254

Located north of Old Town Scottsdale and close to the 101 Loop providing easy access to the Valley. This area is anchored by popular shopping and dining with a young and vibrant lifestyle. Inside Kierland, the condos and townhomes can range from $1 to several million dollars.

However, the neighborhoods west of here are newer, many built in the 1990s, and are being continually being remodeled. Further west towards the old PV Mall/Tatum are homes built in the 1980s and many non-HOA rentals.

Grayhawk

Located north of the 101 Freeway on the East side of Scottsdale Rd. in Scottsdale 85255

This area is anchored by The Grayhawk golf club, not too far from the TPC Phoenix Open and Scottsdale Princess Resort and JW Marriott. A short drive from Kierland and the Scottsdale Quarter. Yet not far enough north to be considered North Scottsdale. Homes here are newer, many built in the 1990s. There are also multi-million dollar gated communities located here.

Desert Ridge

Located on the north side of the 101 in Phoenix are the newer master planned communities near Desert Ridge. Shopping and restaurants include most of the big box and national chains. This area is also close to the JW Marriott conference resort, Golf courses, Lifetime Fitness and the Mayo Clinic.

Single family homes can be found here from just under $1 million to around $3 million.

Desert Ridge Area: Single Family Homes around $1 million

Tempe

Tempe is the heart of Arizona State University’s main campus and lots of outdoor activities, shopping, dining and night life, marathons, Iron Man and New Year’s Eve bash are just a few of the activities held here each year. Rent a paddleboard, or rollerblade along the Tempe “beach.” $1 million and up for condominiums overlooking Tempe Town Lake. Single family homes within walking distance are dominated by student rentals. However, if you drive south along the 101 there are some neighborhoods worthy of checking out!

Tempe South around the 101

The East Valley: Mesa, Chandler, Gilbert & More

The East Valley of Phoenix is dominated by families, schools, churches, 55+ Retirement communities, and the infrastructure to accommodate the many master planned communities.

Home prices are far less expensive here then Scottsdale and you can get more house for your money. There are many larger homes here due to larger family sizes.

East Valley Single Family Homes around $1 million

Conclusion

Bycomparinghomesinthesamepricerange,you candeterminewhatismostimportantinyoursearch. Thefurtherawayfromtheheartofthecitycenters likeScottsdale,youcanaffordalargerandnewer home.

Theclosertothecitycenteryouare,themoreyou canbeconfidentofcontinualpriceappreciation. Becauseofthehigherpriceshere,youmaywishto consideracondoortownhomeoralandlease. Video linksareincludedheretogiveyouaperspectiveof thehighriselivinginthesearea