The Most Expensive Home sold in Arizona last week

The most expensive home that sold in Arizona last week will whisk you away to the hills of Hollywood and convince you that you're looking at the type of luxury home only reserved for the rich and famous. This contemporary masterpiece has million dollar views and the floor to ceiling windows that will allow the new owner to soak it all in. A complete remodel was performed on this home in 2013 by designer Mark Candelaria. Sleek, sophisticated, and modern materials were used to transform this property, which was originally built in 1976, to the stunning yet playful home you see now. Waterfall edge counter tops and European-style cabinetry in the kitchen display a minimalist approach to the traditional cooking space. Floating vanities in the bathroom areas along with simple chrome fixtures provide a luxury hotel look and feel. 

The main living space is the centerpiece to the entire home. Jettisoning out from the precariously perched hillside, the living room is undoubtedly where most everyone will gather when they're here. Vaulted ceilings and endless views of the surrounding mountains will entice anyone like a moth to a flame. Wrap-around balconies and a dazzling infinity edge pool add even more to the dramatic scenery that can be taken in at any moment. This home also comes with a home theater, game room, and home office but it's hard to imagine why someone would want to confine themselves to any area that doesn't allow them the ability to take advantage of the magnificent desert backdrop afforded to them by this striking luxury property. Just for fun, Click Here to view the previous listing of this property before the renovation was complete. Click on the picture below for the full current MLS listing:

Location: Paradise Valley

Size: 5,823 sqft

Bedrooms: 3

Bathrooms: 4

Lot size: 47,345 sqft

 

If you are in the luxury home market and want a list of luxury homes available in Arizona, contact us Today! We'd love to help you find your dream home!

Source: http://activerain.com/blogsview/4809390/th...

Market Report - Listing Prices in Gilbert, AZ - December 2015

The Gilbert, Arizona real estate market experienced the typical plateau that comes during the Holiday season. Active homes for sale flat-lined at an average price of $325,000. This is still a significant increase from 2014 values when the average active list price from a year ago was $305,000. Sold home values experienced a slight increase from November 2015 to settle in at an average sales price of $269,900. This represents almost a $20,000 increase from 2014 values. The biggest change was seen in the New listings category. New homes just coming on to the market for sale in December of 2015 saw a decrease in the asking price of over $14,000 as compared to November's values. 

So what do these numbers mean if you are a current homeowner in Gilbert or you wish to become one? Buyers and sellers are getting closer to being on the same page when it comes to home prices and values. Sellers are adjusting their asking prices to reflect the Winter real estate slow-down. Meanwhile, buyers are adjusting their expectations by showing a willingness to increase their offers which is contributing to pushing home values up instead of down which is not typical for this time of year. If you're attempting to sell your home during the Winter months it's more important than ever to set a realistic price for your home. A seller will not typically be able to get the same value out of their property that they could have gotten during the Spring and Summer when home values are on the rise instead of on the decline.

Regardless of the current prices in December, if you are a current homeowner, you have seen some steady equity built in to your property over the past year. Conversely, if you have been thinking of purchasing a property in Gilbert there are some price ranges that are once again seeing multiple offers placed on homes and buyers are snapping up the most affordable houses that hit the market each week. But armed with a little knowledge and a hard-working real estate agent from Zion Realty wrapping up that perfect home before another buyer gets to it should be a little less stressful! 

If you need more information on homes for sale in Arizona or to find out what your current home is worth contact us Today!  

Source: http://activerain.com/blogsview/4808759/ma...

Animals of the MLS

There is a miniature bear featured in this week's edition of Animals of the MLS! Chow's are known as having aggressive personalities and can grow to very large sizes. Although our furry friend seems to be more curious than combative in this particular instance that doesn't guarantee an amicable encounter with prospective home buyers as they tour this home for sale. It doesn't take much to trigger a dog's natural tendencies when introduced to a new and unfamiliar situation such as having multiple strangers invade their domain. Perhaps this agent was literally backed in to a corner by this family pet and quickly snapped any picture they could get before running for safety as this picture doesn't seem to show there was much time to capture a better representation of this homeowner's backyard. 

I've listed hundreds of homes with animals and it can be a tough conversation to have with a seller to let them know their beloved beast may not be adored by home shoppers. Homeowner's who think of their pets as a member of the family can have a difficult time understanding that to sell their property it's usually best to have their domesticated companion kenneled during showings or have them completely removed from the property altogether. This holds especially true when the breed of animal has a reputation such as a Chow, Pit bull, Rottweiler, and the like. 

As for the picture of the backyard itself, I've shared some down right dreadful photos in this weekly series before but it's been a while since I was almost rendered speechless. What can I say about a backyard that is as desolate as the Arizona desert itself. Two plastic chairs, a garbage can, and an empty planter certainly does not give visions of the ideal entertainers dream space. Even if a potential home buyer was looking for a simple and easy-to-maintain outdoor space this isn't even close to fitting that description. What we have here is a blank canvas and hopefully was billed as such. However, at the very least the agent should have instructed the homeowners to remove the junk and weeds so that it truly could have been described as a clean slate waiting for the new owner's personal touch! 

If you're selling your home in Gilbert, Arizona or the East Valley let the experts at Zion Realty help you. We take professional photos and put together a perfect marketing strategy to sell your property. Contact us Today!

Source: http://activerain.com/blogsview/4807861/an...