Shop Talk: The Real Estate Agent Blog

In this new real estate segment, we find out just how far $300,000 will go in Phoenix’s real estate market.
October 8, 2019

Purchasing Power in Real Estate: Phoenix, Arizona

by The CE Shop Team

How Far Does Your Dollar Go In Phoenix, Arizona?

It’s Halloween, which means it’s time to take your kids out on the town in search of the biggest, sweetest, “completely awful for your arteries, heart, and insomnia” candy bars known to man. You get to the first house where a man hands out some Wonka bars. Naturally, you take one yourself, tear off the wrapper, and, lo and behold, you’ve won a golden ticket to Willy Wonka’s chocolate factory, worth approximately $300,000 to this guy

So what do you do with that money? You invest in a home in the red-hot Phoenix real estate market, obviously. Here’s what your $300k will get you in the Valley of the Sun.

House

Welcome to this spacious 3 bedroom, 3 bath abode featuring two master bedrooms, upstairs walk-in closet, and a gated-community pool and jacuzzi that even Biff Tanner would drool over. The two-story, 1,770 sq. ft. home is unique for the ranch-style obsessed Phoenix area and is located conveniently near the airport, Tempe Diablo Stadium, and ASU. Inside, you’ll find a healthy mix of modern decor with a classic kitchen style and a cavernous walled-in backyard for football catches with the kid and BBQing with your friends. 

Apartment

This amazing penthouse––you read that correctly––is a 2 bed, 2 bath smacked right next to the Willo Historic District, across the street from The Heard Museum. Inside the two-story space, you’ll see a beautiful modern design with hardwood floors, a stunning fireplace, and mile-high ceilings. The apartment complex also comes with a fitness center, cinema room, social clubhouse, SALTWATER POOL AND SPA...whaaah! Even we’re shaking in our boots from this kick-ass pad. Oh, and you’ll also get two balconies, in case one of the views gets boring or whatever. Maybe it’s just us, but this apartment might just be the steal of the century.

Townhome

If you’re a bachelor or bachelorette looking to prove mom and dad wrong about that liberal arts degree you earned up at that haughty-taughty school in the Northeast, this is the townhouse for you! This 2 bedroom, 1 bath modern urban setup clashes European-style with a desert city backdrop as you look out off the balcony into a gorgeous view. The interior touches include thick aluminum frames, concrete walls, and a state-of-the-art kitchen even Martha Stewart would envy. There’s even a one-car garage and private landscaped yard for your usage. When you throw in the location being walking distance from ASU, U of A, and other Phoenix staples, you’ll begin to grow confidence that those studies in Mediterranean Basket Weaving are starting to pay off. 

The Phoenix area is seeing massive rises in real estate prices and development. With the inclusion of an $11 billion light-rail system, Phoenix will continue to see this fantastic growth, providing excellent opportunities for real estate agents to capitalize on. 

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Photos Courtesy of Zillow.com

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