4 Arizona Cities Where You Can Buy Luxury Homes for $100K or Less
Housing prices are on the rise, and increasing interest rates are not helping would-be home buyers. But an affordable home - even a luxury home - is not out of reach if you know where to look. There... Housing prices are on the rise due to rising interest rates and rising housing prices, but affordable homes are not out of reach for would-be home buyers in Arizona. These are four Arizona cities where you can buy a luxury home for $100,000 or less. Phoenix, the capital of Arizona, offers a wide range of housing options, including new or pre-fab homes with luxury appliances and fixtures. If you prefer a condo to a stand-alone manufactured home, Tucson is a good place to find. Cottonwood, known as the Heart of Arizona Wine Country, offers mobile home and manufactured home parks with well-appointed units available for less than $100k.
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Housing prices are on the rise, and increasing interest rates are not helping would-be home buyers. But an affordable home – even a luxury home – is not out of reach if you know where to look. There are bargains to be had in the southwestern part of the country and specifically in Arizona.
Here are 4 Arizona cities where you can buy a luxury home for $100,000 or less.
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The capital of Arizona, Phoenix has a wide variety of housing options in a wide range of prices. You can find properties for $100,000 or less here, including manufactured or pre-fab homes that are brand new, with luxury appliances and fixtures.
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Just outside of Phoenix, Mesa is a historic city with lots of culture, including the Mesa Arts Center. This city also has its share of manufactured home communities, some of which are quite luxurious, yet you can find a unit for under $100,000.
If you prefer a condo to a stand-alone manufactured home, Tucson is a good place to look. This city has a lot of condominium complexes, and a unit with two or more bedrooms and luxury appointments isn’t hard to find. Of course, if you do want a stand-alone residence, you can find those as well, including new construction, in manufactured home communities.
If you’re looking for a smaller-town feel than some of these large cities provide, Cottonwood is a bit further afield. Located in the center of the state, Cottonwood is known as the Heart of Arizona Wine Country, and has a lovely historic downtown area. Like many Arizona cities, Cottonwood has mobile home and manufactured home parks, with well-appointed units available for less than $100,000.
Luxury is often in the eye of the beholder, but you don’t need to give up on it if your quest for a home leads you to Arizona.
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This article originally appeared on GOBankingRates.com: 4 Arizona Cities Where You Can Buy Luxury Homes for $100K or Less