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Old 10-26-2011, 10:36 PM
 
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I lived in Phoenix a long time ago and am looking to relocate back (initially on a part-time basis, and possibly on a full-time basis later). I am looking to take advantage of the real estate market and purchase property. Help me choose a location that would protect my investment. My critria is that it needs to be a desirable location with good resale potential. I'd like for it to be centrally located, although I will not personally be commuting. I have looked at places in Gilbert, Surprise, Peoria, and Buckeye. Which of these areas would you choose and why? Which would you avoid? Any other areas I should be considering? My budget is <150k (preferably around $100k).
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Old 10-26-2011, 11:01 PM
 
Location: Hard aground in the Sonoran Desert
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Buckeye and Surprise are too far from the rest of the valley in my opinion. Gilbert is going to take more money to get into something nice. Have you considered Goodyear? A up and coming city in the west valley and you can find some great deals. Goodyear is easier to get to the rest of the valley then Buckeye or Surprise.
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Old 10-27-2011, 12:31 AM
 
Location: Phoenix, Arizona
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In the long term? I'd choose Surprise. It will have the most going for it in the long-term. Right now? It depends on the situation. All of those are west-valley burbs, except Gilbert. Gilbert is a ways out there, but it is very nice. Goodyear is good right now, and will continue to be. Its location on I-10 is an advantage, but I think it's going to take longer for it to develop and get more services than Surprise. Buckeye is just a no. It's too far out. There's nothing there, and there won't be for a very, very long time.
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Old 10-27-2011, 09:41 AM
 
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None of your options are anywhere near being centrally located.
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Old 10-27-2011, 12:07 PM
 
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exactly - 2 of them are fairly isolated in the WV, 1 is well developed but a good stretch into the EV and the other is in the NW valley and large enough where you could be close to the city core (like 67th & peoria) or you could be way out there approaching lake pleasant

if you are looking at buckeye & surprise I would definitely throw goodyear into consideration as well

i would be cautious if you are looking for a quick re-sale as well .... not sure I would buy a property without planning on holding it for a decade at least

I would also be very cautious of buckeye
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Old 10-28-2011, 10:35 AM
 
Location: Avondale and Tempe, Arizona
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As another poster wrote, none of those places are centrally-located, they are all suburban areas.

Gilbert, Surprise, Peoria, Buckeye, and all the other suburbs like them are nice in their own right but all of them are going to require a fairly long commute to reach a centrally-located area.

By centrally-located I assume you mean downtown or midtown Phoenix?
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Old 10-29-2011, 10:31 AM
 
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Thanks all. Rather than "centrally located," I should have used the term "easily accessible." I don't want to live in Central Phoenix, but I also want to be able to hop on a freeway to get where I want to go. I don't have to have everything 5-10 minutes away, but I do want ease in getting there.
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Old 10-29-2011, 10:38 AM
 
Location: Gilbert - Val Vista Lakes
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Quote:
Originally Posted by dmills View Post
Thanks all. Rather than "centrally located," I should have used the term "easily accessible." I don't want to live in Central Phoenix, but I also want to be able to hop on a freeway to get where I want to go. I don't have to have everything 5-10 minutes away, but I do want ease in getting there.
Parts of Gilbert and parts of Peoria would be about equidistant to central Phoenix, with Gilbert being closer to Old Town Scottsdale and the airport.

The 60 runs along the northern border of Gilbert, in Mesa, and the 202 runs through central Gilbert.
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Old 10-29-2011, 11:43 AM
 
Location: Metro Phoenix, AZ USA
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Surprise is not a "hop on a freeway and easily get somewhere" place. Buckeye is too far out, and I don't think much of the resale potential there.
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Old 10-29-2011, 12:02 PM
 
Location: In the Deem Hills of NW Phoenix
800 posts, read 1,910,168 times
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Peoria (or north Glendale or far NW Phoenix) north of the 1010 between 43rd and 99th ave probably will have the best long term resale potential. They are mostly newer neighborhoods and highly desired partly because of the excellent schools, scenic area, and low crime rate. You will get less square footage for the money than Goodyear, Surprise, Buckeye, etc. but it's a trade-off.
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