Scottsdale is one of the best places in Arizona to bet on. The West’s Most Western Town is one of the fastest growing cities in the Greater Phoenix Area, making it a hotbed for real estate investments.
Here are the top reasons properties in Scottsdale, Arizona should be your next real estate investment:
- The real estate properties in Scottsdale boast great features
Scottsdale’s single-family homes, townhouses, and apartment complexes offer the kind of space, comfort, and functionality buyers are looking for. In the West’s Most Western Town, you’ll find homes with timeless architectural styles, beautifully-designed floor plans, and wonderful community amenities.
Many of them are also close to shops, restaurants, outdoor areas, and accessible to larger cities like Phoenix some 12 miles away. All these make Scottsdale extremely desirable to buyers and real estate investors.
- The real estate properties in Scottsdale have increased in value
Over the years, the value of homes has been on the rise. In 2018, values increased by around 3.9% compared to the previous year. Thanks to Scottsdale’s low inventory, home sellers and investors can make the most of opportunities presented by the huge demand for these Arizona properties. Sell your home, negotiate for a piece of property, invest in the future of Scottsdale now.
- The homes in Scottsdale make great rental properties
Owning a piece of Scottsdale real estate, presents you with the option to turn it into a rental. Because of the city’s employment opportunities, exciting recreational activities, and high quality of life, more and more people are considering moving to this bustling city. Coupled with the city’s low real estate inventory, the option to earn passive income by renting out your property is something worth considering – especially as the city has some of the priciest rentals within the metro Phoenix area. Whether it’s a single-family home, condominium, apartment complex, or townhouse, your Scottsdale property is guaranteed to give you a great return on investment.
- Scottsdale’s economy is robust and growing
Scottsdale’s fast-growing economy is attributed by some to the 3.2% increase in employment opportunities in the city. According to a 2017 web article in The Arizona Republic, Scottsdale earned the top spot in WalletHub’s best city for jobs in the US. Industries that have been operating successfully in Scottsdale include healthcare, technology, and hospitality and tourism.
This huge growth in Scottsdale’s economy has earned them the Voice of the People Award for Excellence in Economy in 2017. This national award is given to the highest-rated communities that participated in the National Citizen Survey the previous year. Residents are encouraged to rate their community in terms of overall economic health, business and services, shopping opportunities, and downtown area. And for the residents of Scottsdale, the city’s growing economy has just begun.
If you’re thinking about investing in Scottsdale, Arizona real estate, don’t hesitate to get in touch with Scott Semer, your real estate expert in luxury homes and condos in the Grand Canyon State. Make the most of his knowledge of the local market and 20 years of real estate experience. He can help you find the right investment property in the vibrant city of Scottsdale. Give him a call today at 1.480.353.0299 or send him an email at scott(at)scottsemerrealestate(dotted)com.
