Payback
Sell or Remodel is centered on your payback or return on investment. Most homeowners start remodeling with the kitchen or a bathroom, both of which can cost a fair amount of money to upgrade but also show better-than average payback at sale time. Will it be a worthwhile investment? The answer depends on the type of payoff you’re looking for.
If you decide to remodel, don’t expect to recoup the funds spent on home improvements when you eventually sell the property. Some remodeling projects are likely to be far more financially rewarding than others, yet few yield a 100% return. If you can keep costs down, however, perhaps by doing some of the work yourself, your project might pay you back in full at sale time, maybe even show a profit. Remember, though, the primary reason for remodeling is to meet your living needs, not to make your house worth more.
The point of some projects is simply to bring a house up-to-date. Remodeling a 1960s-era kitchen would make your home more competitive (at sale time) with 21st Century homes. A new kitchen would almost certainly increase your home’s value compared with neighborhood homes that haven’t been upgraded.
Desert Ridge real estate AZ:
Desert Ridge real estate AZ is Phoenix’s premier master planned community with 5700 acres and is in the Northeast valley of Phoenix. It will ultimately be home to more than 50,000 residents and a variety of residential, commercial, recreational, heath care and employment opportunities set in a desert environment. This complete community features such noteworthy destinations as Desert Ridge Marketplace, JW Marriott Desert Ridge Resort & Spa, City North, and the world famous Mayo Hospital.
Some of the best builders in the Desert Ridge Phoenix area build in Desert Ridge including Toll Brothers, DR Horton, Del Webb, Pulte, Continental, Elliot, M-I, Morrison, Richmond American, Shea and Standard Pacific Homes. There is much to choose from such as condominiums, townhouses, single family homes as well as patio homes. And new homes continue to be built.
In keeping with the desert environment, there are two washes that run through Desert Ridge and are maintained by the community Desert Ridge landscapers who take pride in keeping a beautiful setting. Both of the washes are on the western side of Tatum and run the length of Desert Ridge.
Desert Ridge is only 30 minutes from Sky Harbor Airport and is conveniently located by the 101 and the 51 freeways. It’s minutes from Scottsdale.
Desert Ridge Marketplace
Desert Ridge Marketplace opened in December 2001 and is home to 75 stores and 31 restaurants, spread over 1.2 million square feet of retail space, Desert Ridge Marketplace delivers the ultimate shopping experience in a distinctive outdoor setting. Conveniently located north of the Loop 101 on Tatum Boulevard in Phoenix, Arizona, the interactive shopping, dining and entertainment destination is approximately 20 minutes from downtown Phoenix and easily accessible from any of the surrounding communities. Some of the stores that call Desert Ridge home are Target, Albertsons, Kohls, PetsMart, and Verizon along with many restaurants, AMC Theaters and of course, the popular Farmers Market.
The J.W. Marriot Desert Ridge Resort and Spa, which boasts over 950 rooms, including 81 suites and the 28,000 square foot Revive Spa and an Arnold Palmer championship course called Wildfire Golf Club. The restaurants in the Marriot are Roys, Meritage, Blue Sage and lots of pool side options as well.
Is it any wonder the residents of Desert Ridge call this place a great place to live. If this community is of interest to you, give us a call and we’ll find you a house you can call home right here in Desert Ridge.
For more information please visit our website.
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