Looking to Move-Up to a Luxury Home? Now’s the Time!

If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control. 

The inventory of homes for sale in the luxury market far exceeds those searching to purchase these properties in many areas of the country. This means that homes are often staying on the market longer, or can be found at a discount.

Those who have a starter or trade-up home to sell will find buyers competing, and often entering bidding wars, to be able to call your house their new home.

The sale of your starter or trade-up house will aid in coming up with a larger down payment for your new luxury home. Even a 5% down payment on a million-dollar home is $50,000.

But not all who are buying luxury properties have a home to sell first.

In a recent Washington post article, Daryl Judy, an associate broker with Washington Fine Properties, gave some insight into what many millennials are choosing to do:

“Some high-earning millennials save money until they are in their early 30s to buy a place and just skip over that starter-home phase. They’ll stay in an apartment until they can afford to pay for the place they want.”

Bottom Line

The best time to sell anything is when demand is high and supply is low. If you are currently in a starter or trade-up house that no longer fits your needs, and are looking to step into a luxury home… Now’s the time to list your house for sale and make your dreams come true.  Give me a call for a no-cost, no-obligation consultation – J.P. Cook – 602-320-4253.

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Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

1783 E Mulberry -- Prescott Valley, AZ 86314

$459,000

2 Beds

2 Baths

1,896 SqFt

Status Active

MLS # 6644241

Property Type Single Family Residence

Price Type --

Outstanding home in desirable 55+/Victorian Estates, Gated Community, providing a Quiet, Peaceful, Safe location with easy access to all shopping, entertainment, hospitals, doctors, etc. Here is a 1896 Square Foot/One level with 2 spacious Bedrooms, 2 Bathrooms, 2 Car Garage + Den & large Family Room/Media Room/Flex Room (Potential 3rd Bedroom), GREAT ROOM Concept, 2 Tone Paint, Crown Molding, Ceiling Fans, Wood Blinds, Wood Plank Tile, & Newer Carpet. Kitchen was upgraded in 2016 with Antique White Cabinetry, Dovetailed Drawers, GRANITE Countertops, Tile Backsplash, 2019 Stainless Steel Appliances (Including Fridge), built-in Pantry, & built-in China Hutch. Master is Spacious with His/Her Walk-In Closets, Dual Sinks under GRANITE Countertops, Full Tub with tile surround, & separate Shower with Glass Doors. Home also has Large Utility room w/Upper Cupboards w/(Washer/Dryer) Conveying. Has large Open Patio, Fenced Dog Run area for small dogs, Attic Storage, Security System, Security Screen Door, & is Walking Distance to Clubhouse & Pool.

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5363 E Santa Clara Drive San Tan Valley, AZ 85140

$459,000

4 Beds

2.5 Baths

2,222 SqFt

Status Active

MLS # 6658040

Property Type Single Family Residence

Price Type --

NO HOA! Situated on a corner lot that is almost a quarter acre, this stunning 4-bedroom, 2.5-bathroom home features a 2-car garage, a side-entry RV gate with RV hookup, 10ft entrance gate, and elegant stone details. Spacious great room with 12ft ceilings, recessed lighting, and stylish wood-look floors. The gourmet kitchen boasts granite countertops, white shaker cabinets, stainless steel appliances, subway tile backsplash, a pantry, and an island with a breakfast bar. The primary suite offers backyard access, a walk-in closet, and an en-suite with dual sinks. Enjoy a water softener system, a backyard oasis with a full-length covered patio, built-in BBQ, water feature, and lush turf. This home features a dual HVAC with a split system and a water softener system.

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3710 S 180th Lane Goodyear, AZ 85338

Open House

$459,000

3 Beds

3 Baths

1,955 SqFt

Status Active

MLS # 6691888

Property Type Single Family Residence

Price Type --

Welcome home to this energy efficient single story home in Las Brisas, Goodyear! A very spacious open concept allows plenty of room for entertaining. With granite counters, a large kitchen island and finished back yard with turf the inside and outside merge seamlessly. The 3 large bedrooms and 3 full bathrooms mean that everyone has their own space to get ready. The three car tandem garage makes way for all your cars and extras. The solar on this home is a steal with a low monthly payment to own, keeping you cool in the summer at a minimal cost!

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20395 N Shadow Mountain Drive Surprise, AZ 85374

Open House

$459,000

2 Beds

2 Baths

1,598 SqFt

Status Active

MLS # 6691261

Property Type Single Family Residence

Price Type --

Welcome to your NEWLY UPDATED, OPEN CONCEPT home! This spacious home boosts new INTERIOR PAINT, new SHUTTERS throughout, new LVP flooring, new SHAKER cabinets and new QUARTZ counters in the kitchen, and a brand new A/C and FURNACE system! The Living area offers a dedicated space for a desk or sitting room. The Kitchen is a chef's dream! Stepping outside onto your large backyard patio, complete with a Built in BBQ and large covered area, you have plenty of shade and sun! This home is truly a MUST SEE!

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