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Updated over 7 years ago on . Most recent reply
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Homes in Phoenix/Scottsdale AZ
Hi, was wandering if any Arizonans here knows why are homes in phoenix cheaper than scottsdale? We are planning to relocate from NY and realize that both areas school districts are great but homes prices are very different? Any input would be appreciated, thanks!
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Scottsdale is more expensive than Phoenix in a similar way Manhattan is more expensive than the Bronx or San Francisco is more expensive than Oakland. In the case of Phoenix, Scottsdale is home to more residents with money (doctors, lawyers, athletes) and larger plots of land along with luxury hotels, resorts, and tons of entertainment. Schools are better and crime is lower, therefore land value tends to be higher in such areas.