Quote:
Originally Posted by MoneyGuy
Could you get a two-bedroom house or condo (~1,000 square feet) for 300-350K? Phoenix or one of the 'burbs, maybe Glendale? I've been there and don't know all the 'burbs, but there is Avondale and Tempe (which is near the airport, which would be good). There is Scottsdale, too, but that's probably very pricy.
I'd want something that could be rented out until I decide if I want to move there, either part or full time.
What's available?
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I would recommend staying away from the west side to be honest with you. It's a growing area, but its also got a lot of gang problems. One of my best friends lives in Glendale and he's dying to get out because of the bangers. I would also stay away from Scottsdale. Way too expensive and you don't get the bang for your buck.
I would recommend the east valley. Mesa and Tempe are both aging and have money problems as municipalities, so the potential for big tax increases is likely. Chandler and Gilbert are nice and there are some good deals in there if you know where to look. I'd stay away from those two. Apache Junction has a bad reputation, but they are cleaning it up and the views are spectacular in certain areas. Queen Creek and Gold Canyon are out there, but both offer great bang for the buck. I would recommend something that can take advantage of the US60, which was just expanded to six lanes, and the loop 202 which is almost complete. The infrastructure in the east valley is probably the best in all of Phoenix.
As far as what you can get for what, you could get a 1300-1400 sqft 2 bedroom (with potential third or den), two bath house, in a gated community for ~$220-225K in either Gold Canyon, Queen Creek or Apache Junction. There are great values if you know where to look.