From new homes to hands-on schools, Peoria is one of Phoenix metro’s best up and coming areas to invest in. (I promise this isn’t my bias towards my city talking!) Money magazine has been named one of the “Top 100 Places to Live” and a poll of its 160,000+ residents declared that 98% would recommend living in Peoria to potential home buyers or people new to Arizona! So if you’re thinking about buying a home in Peoria, here’s why you should take the plunge:
Should I buy a home in Peoria AZ?
The answer is a resounding: YES. First of all, the market is just right (not too hot, not too cold) to buy a home in Peoria. Peoria’s housing is 17% below the national average, and there are several prime family neighborhoods that are still selling homes nearly 50% below much of Arizona real estate. Committing to own a home rather than rent a home means investing in a community, not just a place. The awesome thing about Peoria is that you can have both space and privacy and a tight-knit community of residents. The unusually low crime rate and excellent schools keep Peoria residents in the city for many years. If you buy a home in Peoria, you’re setting up a lifestyle and safe place for your family to grow and evolve for a long time.
Where are the best places to buy a home in Peoria AZ?
Like any realtor, I express the awesome things about any city in which I sell homes. However, in Peoria, there are a couple neighborhoods that I am head over heels for- for real. My favorite neighborhoods in Peoria AZ are Olive West, City Center, and Weedville. Olive West, which is between Peoria Ave. and Olive Ave., is one of those up and coming neighborhoods with a median home price of about $135k. Its stability and family-centeredness are what draw me to it! Between 75th and 83rd Ave, City Center is a young and vibrant area. The median home price there is about $173k, and I’ve noticed a bunch of fresh and fancy new remodels (which mean a constantly increasing value to the surrounding ‘hood). Last, but not least, Weedville homes have a high-value turnaround because they are so highly sought after. The neighborhood has big lots, an average of 4 bedrooms, and unique architecture. While is it a bit more pricey than average with a median value of around $466k, the over one-hundred year old neighborhood is a gem in the dust.
Budget, Family, and Yardwork: Oh, My!
Especially if you’re a first time home buyer, this is a tough (and stressful) decision! I’ve been there too. Still thinking about whether or not you should buy a home in Peoria AZ? Let’s think together! Give me a call or shoot me an email to chat about budget, location, and your “Wishlist”! 602.618.3053 or firstname.lastname@example.org