New Construction vs A Pre-Owned Home

When it comes to making a decision between buying a newly constructed home and buying a pre-owned house, the first thought that is likely to strike the mind of the prospective buyer is location and price. Well, while price may be a factor in any business transaction, there are other things to look out for when purchasing real estate.

Let’s take a look at the benefits and disadvantages of buying a new home from a builder vs buying a pre owned home from a private seller:

1. Location of the home

Pre-owned home (Pro)

This is one advantage of owning a pre-owned home. Most pre-owned homes are situated in already established areas with access to schools, banks, and other social infrastructure.

New home (Con)

Most newly constructed homes are built in locations outside the main city area. This is because of the fact that most of the main city area is already occupied, and the only available space for new buildings are on the outskirts. While this might be a good location for some people as they are far away from the hubbub of city life and living in a more serene environment, it, however, implies that you’ll have to commute every day to places like schools, office, and shopping malls which are located in the metropolis.

2. Availability of new features

New home (Pro)

New homes are built based on the latest designs and feature the latest technology. Most new homes come with more amenities and appliances which are seldom found in older homes.  However, you are getting a blank canvas in the backyard and you’ll be expected to landscape the front of your home within a short period of time

Pre-owned home (Con)

An older home lacks some of the latest technological features of modern smart homes. This might be an issue for some people who are tech-savvy.  Depending on what the buyer is looking for, some homes may need remodeling, new appliances and other updates.

3. Ease of acquisition

New home (Pro)

Buying a newly constructed home is easier than buying a pre-owned one. It takes a shorter period of time in searching for and concluding the acquisition of a new home than it is for an old one. However, most builders estimate 9 months to complete a home.  This may work for your advantage if you are trying to sell a current residence and need some extra time to prepare financially.

Pre-owned home (Con)

Buying a pre-owned home involves some extra steps before the deal is final.  These homes need to be inspected for infrastructure, termites and may be in need of some crucial improvements. Some seller might be resistant to complete repairs or reduce the sell price to compensate the buyer for not fulfilling that request.

4. Renovation and repairs

New home (Pro)

As a brand new house, there is almost nothing needed to be fixed in it as everything is still “fresh.” Hence, there is virtually no need to start making repairs or renovations in the house. This also means that you don’t spend more money after finally buying the house. Homes are 100% move in ready and don’t need renovations.

Pre-owned home (Con)

A pre-owned home might need some major repairs, new appliances, floors and paint. This means that you’ll have to put in more time and money in restoring the home before actually moving in.

5. Pricing

Pre-owned home (Pro)

Since old homes have already been previously occupied, the cost of buying them will be lower than getting a brand new home. There are exceptions though, as pre-owned homes in reputable high demand neighborhoods will still carry huge price tags.  However, the price of the home includes established landscape, possibly a pool and window covering.

New home (Con)

With all the amazing features and technology fitted in a new home, the price just has to be more expensive.

Wether you are buying a new or pre-owned home, always have a real estate agent represent your interest.  Let us know how we can help!

Contact Chris and Cheryl

Unique Restaurants Throughout The Valley

food festival photoThe Valley Of The Sun is home to many restaurants – from posh rooftop dining, patios overlooking scenic golf courses, old cowboy steakhouses to multiple ethnic eateries.  On weekends, Cheryl and I enjoy scoping out unique and interesting dining experiences.  Here’s our favorite list:

The Hangar Café

This Café is very close to the Chandler Municipal Airport and as such offers customers an eat and view airplanes taking off or landing.  Not only is the view unique, the food is delicious! The restaurant is known for amazing homemade comfort breakfast and lunch meals.
Hangar Cafe
1725 E Ryan Rd, Chandler, AZ 85286

Rustlers Rooste Steakhouse

Rustlers Rooste is one of the oldest restaurants in Phoenix. This popular restaurant which began operating in 1971 is a family-owned Cowboy-themed steakhouse and bar with a banquet hall. The restaurant is seated at the top of the South Mountain, giving customers a gorgeous views of Phoenix’ skyline.  There’s plenty of entertainment, portion sizes are very generous.  It’s a great place to take your out of town visitors.
Rustler’s Rooste
8383 S 48th St, Phoenix, AZ 85044

Organ Stop Pizza

If you are looking for and oddity, Organ Stop Pizza is the place to visit. The family friendly restaurant has been open since 1972.  The restaurant is open all week for dinner only and is notable for having the largest pipe organ in the world, the Wurlitzer pipe organ.  Besides pizza, they also serve salads, desserts, and sandwiches.
Organ Stop Pizza
1149 E Southern Ave, Mesa, AZ 85204

Noble Eatery

For the best-baked foods, Noble Eatery in Arcadia is our top choice and you’ll find many locals visiting this bakery every day of the week.  They use old European techniques and recipes for their bread and pastries using organic, GMO free flour abd sea salt.  The menu includes sandwichens, soups, salads and changes daily.
Noble Eatery
4525 N 24th St, Phoenix, AZ 85016

Compass Arizona Grill

This restaurant is located at the top of the Hyatt Regency Hotel and offers customers a good place to view downtown Phoenix and the surrounding mountains. This posh launch/restaurant is unique for its 360-degree movement and is not really family friendly.  It’s a great place for a romantic dinner or to celebrate a special occasion.  The menu is American southwest cuisine with local flavors and ingredients. All tables have fantastic views of downtown Phoenix.
Compass Arizona Grill
122 N. 2nd Street, Phoenix, AZ 85004

The Yard

The Yard is a collection of outdoor restaurants and gets its name from the backyard aura of the patio. The restaurants serve several delicacies including contemporary ones and include a complete bar. Popular restaurants here include Barrio Urbano and Culinary Dropout. Perfect place for larger group to meet for happy hour and a fun night out.
Culinary Dropout – The Yard
5632 N 7th St, Phoenix, AZ 85014

There are many more we want to write about but this is a good start if you are lookin for ideas to try something new and unique.  We love living and working in Scottsdale.  Let us know when you are looking to move to the northeast valley.  We will find a home for you that meets your needs and lifestyle.

Contact Chris and Cheryl


Buying A Historic Home

The metro Phoenix area is mixed with newer construction as well as some historic homes. Some of these historic homes are as old as the town itself. You can find them in the Old Town Scottsdale which is the original site of the region. Examples include the Pony Steak House, Noriega’s Home and Livery

Stable, and the Lu Lu Belle Building which were built during the early and mid-twentieth century.There are certain factors that make a home to be considered as historic. Top on the list is the age of the home: a home needs to be at least 50 years old to be considered historic. The structural integrity of the building after those years is another factor. In addition, the background of the home plays an essential part in determining whether it is historic or not. That being said, there are various reasons why people consider picking a historic home instead of a contemporary one, and vice-versa.

The following are some of the advantages and disadvantages of buying a historic home:

Pros of buying a historic home

Lower property tax. Most governments give tax reliefs and incentives to owners of historic homes as a way of encouraging the building’s preservation.

An opportunity to better understand the underlying history.  Every historical home has a rich historical background and owning them gives you a chance to learn more about their history.

Living in a historic building gives you an opportunity to discover the past of the building as well as the past of its former owners.

Elegance and beauty.  Most historic homes are more elegant than contemporary ones. They have a unique design that sets them apart from others.

A chance to contribute to history. Most historic homes are preserved by the city and form an important part of the community.  Being the owner of a historic home affords you the privilege to contribute to the development of that community by helping to preserve the home.

Good future value. If you are able to maintain a historic home, it may appreciate in financial value later in the future. This means that you can sell it for far more than what you bought it for.

Cons of buying a historic home

You may have to spend more in order to renovate it. As a rule of thumb, aged houses cost more to renovate and maintain than newer homes. In addition, the insurance for the home may not be cheap. Thus, in the long run, you might have to spend more on renovations and maintenance than what you spent on buying the home.

You may have to work more to renovate and preserve it. Historic homes are at least half a century old, meaning that most parts of the home need some repairs, especially if the former owners lacked a good maintenance culture. Besides the cost that you’ll incur, you need a lot of time and energy to get things back in shape.

Historic homes come with their restrictions. This may be the biggest disadvantage of owning a historic home. Historic homes are protected by strict state laws in order to keep them preserved and as such may limit the freedom of the owner in making changes to the home.

Possible undesirable surprises. You never know what can arise from a historic home as it has gone through many years of ownership. Some of the discoveries you’ll make in the course of living in a historic home may not be positive, so, watch out for them.


Popular Architectural Styles in Arizona

Arizona is home to many building architectural styles which are influenced by the various cultures that populated Arizona many years ago.  Scottsdale has some noteworthy popular building styles: from Native Indian inspired adobes, Mediterranean style to modern mid-centtury homes that are currently growing in popularity.  Following is an overview of some popular building styles you’ll find throughout the valley:

Contemporary Style

Contemporary homes are increasing in popularity and you’ll find many new constructed and remodeled homes throughout the valley.  Contemporary homes are characterized by open spaces, vaulted ceilings, large windows, untextured walls and simple/minimal styled kitchen and bathrooms. Homes of this style are often built to be environmentally friendly while also using some of the latest home technology to provide comfort. Common materials used in contemporary homes are flat panel wood, glass, steel and compliments mid-century styled furnishings and neutral colors.

Spanish Colonial/Santa Fe Style

Spanish Colonial Style  is very common is Arizona and typically has smaller windows, flat roofs, orange, reds and blue themed tiles and Saltillo tiles.  Many homes have arched doorways and natural wood beams throughout. People often choose wrought iron chandeliers and southwestern styled furnishings, rugs and decorations. The Santa Fe Style is a traditional Southwestern style owing to the warm climate of the region.

Mediterranean Style

One of the most popular architectural styles in Scottsdale area at large is the Mediterranean style homes. Mediterranean styles are also called “Spanish modern” styles as they owe their roots to the homes found in the Mediterranean countries of Spain, Greece, Italy, and France. A Mediterranean style home is characterized by large, arched windows and ornate columns outdoors and realistic, warm color schemes and sand-textured walls.

Ranch Style

Long, L-shaped one-story buildings with inspiration from the Old West are the hallmarks of Ranch-style homes. A lot of the furniture in these homes is made of leather  with the floors totally covered with carpet. While the fireplace may be made from piled bricks, it is easy to move from one end of the house to another due to the openness of the design.

Pueblo Revival Style

This style owes its roots to the homes of the Pueblo Indians during the 8th century. They grew in popularity in the early 20th century. The homes which are also called “Adobe-style” are characterized by the sloping roofs and earthy materials or adobe, which are used in building them.

Tudor Revival Style

Another popular architectural style is the Tudor Revival style. However, they are not so many in the urban regions of the area. These homes are a reference to the English royal architectural style of the Tudor families in the middle-ages. These homes are characterized by their high-pitched roofs and large chimneys.

Spanish Revival Style

The Spanish Revival style or Hacienda-style homes are also common in Scottsdale. Some of the main materials used in making these buildings include tile, stucco, clay, and iron. The homes are also characterized by the exposed beams and multiple arches.

What is your dream home?  Let us know!  We are local area experts and can find the type of home that meets your needs and lifestyle.

Contact Chris and Cheryl

Phoenix/Scottsdale Real Estate Market June Update – May 2018 Stats

Here is the Phoenix/Scottsdale area Monthly Real Estate Market Report for June 2018, which shows 10,097 homes sold in the month of May compared to 9,797 homes in May 2017. This is a 3.0% increase for the number homes sold year over year, and first time 10,000+ homes have sold in a month in more than 5 years. And the average sale price is up 9.6% year over year, while the amount of listed homes is down by 12.9% to 16,245 from 18,649 in May 2017. Inventory of listed homes is still well below last year at this time, and demand continues to remain strong going into the Summer months. The average days on market is down 18.6% from May 2017 to just 57 days!

Click here to see the full May 2018 Market Report & Statistics

Give us a call or text us at 480-754-9477 or 480-754-9077 if you’re thinking about buying or selling a home this Summer, as the strong market continues to be good for both buyers and sellers, or if you have questions about this information. And don’t forget to explore our website to see Scottsdale area homes and helpful articles.