This is your guide to finding new homes in Phoenix under 200K with a real estate professional.
While homes in the Phoenix area have been steadily rising in value for a while now, it’s still possible to purchase Phoenix-area properties for less. If you’re hoping to find new homes in Phoenix under 200k, you definitely have your work cut out for you. If you’re willing to follow these suggestions, you’ll be able to find properties that are within your price range.
Work with a Professional Realtor
The easiest way to find a home on a limited budget is to work with a real estate agent. Realtors can see property listings that aren’t listed to the general public. Because of this, the right realtor will have an easier time finding homes that meet your criteria.
Since it’s hard to find new properties in this price range, you’ll want to make sure that you work with a realtor that has a lot of experience. You may want to find a local realtor that specializes in helping buyers find low-cost homes.
Look at New Homes in Phoenix under 200K That Are Smaller in Size
If you’re hoping to live in a brand-new and spacious property, but are also hoping to spend less than 200k, you’re going to have to be willing to make some compromises. One of the main things you’ll want to consider compromising on is square footage. Smaller properties will be much cheaper than their larger counterparts.
Living in a small home doesn’t have to be viewed as a bad thing. There are actually some small properties in this area that are designed very efficiently. Don’t be afraid to look at smaller properties that are in your budget; you might be surprised when you see just how much these properties can offer you.
Look Outside of Phoenix
There are a lot of people that want to live in Phoenix. Because of this, properties that are within the city limits tend to be a lot more expensive. You should consider broadening your search and looking at Phoenix suburbs as well.
If you do wind up moving to a home in the suburbs, you should be able to get a lot more for your money. Some Phoenix suburbs are absolutely lovely, and these areas also provide a ton of value for the price.
Consider A Condo in Phoenix within this Price
Unless you have your heart set on owning your own home, you might not want to limit yourself to looking at just homes. With a budget of less than 200k, you might want to look at condos in and around the Phoenix area as well.
A lot of condos in this area look very similar to a standard home. There are even detached condos in Phoenix. Check out some new model condos and see if you can find a place that you’d like to live in.
Finding new homes Phoenix under 200k isn’t necessarily going to be an easy task. A lot of the homes you see are going to be priced much higher than that. However, if you’re willing to implement some of the suggestions above, you should be able to get a home that’s within your budget.
Flesher Home & Away Realty has experienced real estate agents in Phoenix and can help you find the exact home you’re looking for. Give us a call today!