4 Financial Benefits of Home Ownership

4 Financial Benefits of Home OwnershipHome ownership may be one of the most familiar goals of adulthood, but there’s more than one reason why so many people flock towards this type of investment and leave the rental market behind. If you’re trying to decide if you should make the big plunge towards buying, here are some benefits of saving up for a down payment and finding the right place to settle in.

It’s More Economical

Many people eschew home ownership simply because it can be hard to wrangle together the funds for a down payment. However, while a monthly rental is money you’ll never see again, the money you put down on a mortgage is being invested back into your home, making for a solid investment you can capitalize on later.

Instant Tax Deductions

The interest that you pay on your mortgage payment can be one of the most tumultuous aspects of purchasing a home, but you may not know that you actually have the ability to deduct many associated costs on your taxes. From origination fees to property taxes, there are plenty of costs that go along with your home that can be claimed for a refund when tax time comes!

Paying A Lower Price

The real estate market fluctuates every day, but one thing is for the certain: the median price of a home is on the rise. While low inflation rates may not be ideal if you’re selling, they can mean a better deal if you’re delving into the market for the first time. Just remember, it’s important to buy a home you can afford as anything that goes beyond your budget is not a solid investment.

A Built-In Savings Account

It may be important to have liquid assets outside of the equity you have in your home, but many people struggle to pay off their home and save money at the same time. While saving outside of your monthly mortgage payment is still important, putting money down on a home is an act of investing, and it’s one you’ll likely make a solid profit on when you decide to sell.

There can be many financial benefits to renting in the short term, but purchasing a home is a more solid financial decision when it comes right down to it. If you’re considering a home and would like to know more about your options, please contact me for more information.

10287 E Diamond Rim Drive Scottsdale, AZ 85255

$4,425,000 - 4Br/5Ba -  for Sale in Silverleaf At Dc Ranch, Scottsdale
Open House
$4,425,000
4 Beds
4.5 Baths
4,767 SqFt
Status Active
MLS # 6698382
Property Type Single Family Residence
Price Type --
Nestled in the desirable Horseshoe Canyon neighborhood of prestigious Silverleaf, this beautifully remodeled Ranch Hacienda-style home offers both incredible curb appeal and a prime location. Situated near the 2nd fairway and just blocks from the Silverleaf Clubhouse, this residence enjoys a serene setting, fronting a natural preserve and within easy reach of several community parks. The open floor plan includes a spacious great room with pocket doors that lead to a charming courtyard, complete with a covered patios, pool, ramada, and BBQ center, creating an ideal space for indoor-outdoor living. The kitchen has been completely remodeled with high-end appliances, featuring a Sub-Zero fridge, Wolf ovens, a Viking range, sleek new Quartzite countertops, and updated iron light fixtures tie it all together. The private Master retreat offers a bonus room and a balcony that showcases breathtaking views of the McDowell Mountains and city lights. The primary bath has been completed transformed, highlighted by the marble flooring and wall detailing. In addition to the primary suite, there are three guest suites, strategically split for added privacy. All bathrooms have been remodeled, providing a fresh and modern touch throughout the home. Office/media room is conveniently located on the main floor, close to the kitchen, offering a great retreat from the living areas. This updated home in Silverleaf's Horseshoe Canyon truly combines luxury, comfort, and a superb location. Silverleaf features guard gated privacy and timeless architecture in a stunning mountain setting. The community features world-class golf, spa and clubhouse facilities while conveniently located just minutes from hiking, shopping, dining and the Loop 101.

17444 N 79th Street Scottsdale, AZ 85255

$4,400,000
3 Beds
3 Baths
2,891 SqFt
Status Active
MLS # 6753761
Property Type Single Family Residence
Price Type --
NEWLY BUILT STATE-OF-ART LUXURY HOME located on the very FIRST HOLE of the TPC SCOTTSDALE STADIUM COURSE home of the WM Phoenix Open with an unobstructed line of sight to the 'Greatest Show on Grass'. ONE-OF-A-KIND Alcazar at Scottsdale Princess masterpiece newly constructed from the foundation up with no expense spared. This nearly 3,000 sq ft exquisite property features 3 nicely sized bedrooms, 3 full baths (inclusive of en-suite style guest room), open concept floor plan with 12' ceilings, state-of the-art technology, climate-controlled garage, this gated private enclave of just 38 custom homes is sure to satisfy the most discerning of tastes and is an epitome of perfection NOT TO BE MISSED.

6521 E Paradise Drive Scottsdale, AZ 85254

$4,400,000
6 Beds
7.5 Baths
6,217 SqFt
Status Active
MLS # 6768401
Property Type Single Family Residence
Price Type --
Stunning NEW Desert Modern Masterpiece by Thomas James Homes! This pre-construction residence offers a unique opportunity to customize some interior finishes during the early construction phases. Discover the epitome of luxury living in one of Scottsdale's most desirable neighborhoods. Situated on over an acre of pristine land, this expansive single-level home offers 6 bedrooms, 7.5 bathrooms, and an array of exceptional features that combine modern elegance with practical living. The thoughtfully designed interior showcases wide plank wood flooring, custom lighting, and a floor-to-ceiling fireplace that serves as a dramatic centerpiece. The gourmet kitchen boasts high-end finishes like a pot filler, warming drawer, double dishwashers, and more. An attached pool house adds to the resort-like ambiance, and the 4-car garage ensures ample space for vehicles and storage. Step outside to fully landscaped front and back yards, complete with a luxurious pool and spa perfect for Arizona's outdoor lifestyle. The home is just minutes from fine dining, shopping, and entertainment, offering both convenience and exclusivity. With the opportunity to customize certain interior finishes, this is your chance to make your dream home a reality. Estimated completion: Late 2025.

10792 E Sundance Trail Scottsdale, AZ 85262

$4,400,000
4 Beds
4.5 Baths
5,721 SqFt
Status Active
MLS # 6775067
Property Type Single Family Residence
Price Type --
FULL GOLF MEMBERSHIP AVAILABLE PER CLUB BYLAWS! This Southwest Custom Contemporary home has style and design features that are unique and desirable. The moment you step into the home your gaze is drawn across the living rom and pool area to the fairway and distant mountains. A very livable floor plan with a split master and a full guest casita. The auto court leads to a 4 car garage with enough space to include your golf cart and plenty of storage. Tour this amazing home and you'll see the quality of construction and style. The home is fully furnished and ready to move right in.

5518 N Quail Place Paradise Valley, AZ 85253

$4,400,000
8 Beds
8.5 Baths
9,442 SqFt
Status Active
MLS # 6470008
Property Type Single Family Residence
Price Type --
Welcome to this stunning Mediterranean estate in a prime Paradise Valley, Arizona location. This expansive 2-story estate sprawls out over 1.1 acres. The 8Bd/8.5Ba estate features a library, den/office, sunroom, gym, theater, and your very own elevator. Gated motor court accented by towering palm trees and mature easy to maintain foliage. As you enter the threshold and step into the grand entry hall you will be awed by pillared accents, custom flooring throughout, magnificent living room featuring a jewel of a fireplace, oversized windows, and beautiful crystal chandeliers throughout. Elegant formal dining room, spectacular kitchen with rich hardwood cabinetry, sparkling jet-black granite, cabinet-faced cold-storage units, and a gas range. The family room features a gas fireplace, wet bar perfect for entertaining guests and whisper-quiet sliding doors that lead out into the courtyard. Soak in the relaxing views from the atrium-style sitting room or unwind in your own lush home theater with stadium style seating. Dramatic staircase ascends to the loft-library and balconied bedrooms. Primary suite features a two-way fireplace, posh private bath, and a cocktail veranda overlooking beautiful Camelback Mountain views. This estate also provides a fitness room/dance studio with mirrored wall as well as a very private in-law suite with a full kitchen. Sizable backyard with a lush lawn, putting green and stone pathways to a gazebo complete with a barbecue. Plenty of space for a resort style custom designed sparkling pool and and additional personalized amenities you desire. 4-Car Garage with plenty of storage. Come in today and discover what this truly special move-in ready estate has to offer.

2001 N 1st Avenue Phoenix, AZ 85003

$4,400,000
3 Beds
5 Baths
10,560 SqFt
Status Active
MLS # 6602810
Property Type Townhouse
Price Type --
Entertainer's DREAM! This one of a kind CUSTOM built brownstone residence is located in the PRESTIGIOUS gated community of Chateau on Central! STUNNING panoramic city & mountain views! IMPECCABLE craftsmanship that took 4+ years and over $7.2M to build! GORGEOUS designer interior & exterior finishes throughout this MASTERPIECE! Multiple kitchens, living areas, dining areas, a HUGE game room, theatre room, elevator, rotunda, patios + SO MUCH MORE! INCREDIBLE sunsets abound! Over 10,000 sq ft on 5 levels including a 4 car garage! This truly CAPTIVATING home is unlike any other! The central corridor LOCATION can't be beat! 1 block to light rail. Adjacent to Willow district. Walk to Phoenix Art Museum, Phoenix Theater, Heard Museum, Playhouse in the Park, Arizona Opera, Phoenix Library and the ultra-hip Roosevelt Row! The BEST shopping and restaurants that Phoenix has to offer! Easy access to freeways, airport, and sporting venues! WELCOME HOME!

8517 N 48th Place Paradise Valley, AZ 85253

$4,400,000
4 Beds
4 Baths
4,118 SqFt
Status Active
MLS # 6703221
Property Type Single Family Residence
Price Type --
This stunning, classic mid century home, originally designed by noted mid century architect Albert Anderson. and additionally designed by James Kotke sits in an oasis of tranquility in Paradise Valley. With mountain views and lush desert landscaping surrounding the home, the walls of glass allow the spectacular surroundings to become part of the living space. Enter into a private courtyard with a fountain and specimen plantings and walk into an entry framed by mountain views. With a recently remodeled and expanded kitchen and primary bath, classic terrazzo floors, large expanses of glass walls and a multi car garage, this home is a perfect haven for those who demand the finest. This is a classic, timeless home for a sophisticated buyer who appreciates beauty and requires quality

4849 N Camelback Ridge Road Scottsdale, AZ 85251

$4,395,000
3 Beds
4 Baths
3,166 SqFt
Status Active
MLS # 6552945
Property Type Apartment
Price Type --
This 3 bedroom, 4 bath residence features an open concept floorplan and beautiful views of Camelback Mountain. Ascent is a new, private gated community adjacent to The Phoenician Resort, one of Arizona's premier luxury resorts. Ascent presents a new level of luxury living with views overlooking the Phoenician & Camelback Mountain. Home designs feature contemporary architecture integrating warm, natural materials, floor to ceiling windows and stacking door systems opening to very large outdoor patios. Thoughtfully designed by Nelsen Architects and Vallone Interior Design. Luxury finishes include exquisite bulthaup Kitchens, wood flooing, Sub Zero-Wolf appliances, Waterworks fixtures. A private rooftop terrace & the Mountain Club pool and fitness facility are amenities homeowners will enjoy

15827 E Firerock Country Club Drive Fountain Hills, AZ 85268

$4,390,000
4 Beds
5 Baths
7,079 SqFt
Status Active
MLS # 6754629
Property Type Single Family Residence
Price Type --
Experience the epitome of luxury in this newly remodeled home located in the prestigious Fire Rock Country Club. With breathtaking panoramic views of Red Mountain, sweeping cityscapes, and pristine golf course vistas that include the number 16 green and fairway and number 17 tee boxes and green, this property offers the ultimate in serene living. Designed for convenience, this home features all main-level living, ensuring both elegance and accessibility. Whether relaxing in your expansive living spaces or enjoying the tranquil beauty of the surrounding landscapes, this home embodies refined comfort in an exclusive golf community. Pictures do not do this home justice, it's a MUST SEE! Sellers open to a quick close, long close or even a sale leaseback!

14346 E Mourning Dove Drive Fountain Hills, AZ 85268

$4,350,000
4 Beds
3.5 Baths
4,541 SqFt
Status Active Under Contract
MLS # 6663400
Property Type Single Family Residence
Price Type --
2024 NEW CONSTRUCTION. Gurczak Luxury Development is proud to present this New Construction Desert Contemporary Spec Home in the Exclusive Guard Gated Community of Eagles Nest. This 4,541 Sq. Ft. Home Features 3 Bedrooms w/ ensuite bathrooms & additional bonus rooms including a Game Room & Office. The shape and orientation of the home design takes advantage of the natural topography & North/South view corridors. The mixture of multi-colored stucco, stone, and metal accents give varied texture and visual interest to the home, while the muted grey-tone colors allow the design to mesh with the landscape as well as sky when viewed from nearby angles.

13613 N 76th Street Scottsdale, AZ 85260

$4,349,000 - 6Br/6Ba -  for Sale in Paradise Valley Ranchos 2, Scottsdale
Open House
$4,349,000
6 Beds
5.5 Baths
5,058 SqFt
Status Active
MLS # 6777691
Property Type Single Family Residence
Price Type --
WELCOME HOME! This stunning Modern Estate, nestled in the highly sought out Cactus Corridor has it all! This newly built estate is a masterpiece of modern luxury, completed in 2022 and ready to impress. With an expansive almost 1-acre lot that feels like 2 acres and NO HOA, this property is a rare gem in a vibrant community just moments away from Kierland Commons and the Scottsdale Quarter. Property Highlights: Main House: 4 spacious bedrooms plus an office, embodying both style and functionality. Attached Casita: A fully-equipped 2-bedroom, 1-bath guest house with a full kitchen and laundry. Perfect for guests or as a lucrative rental opportunity! An outdoor Paradise. Create unforgettable memories in your backyard oasis... featuring: - A state-of-the-art pickleball court - A stunning white sand beach volleyball area - A mini soccer field for kids with nets - A putting green for golf enthusiasts -A luxurious heated saltwater pool adorned with white marble - Wine Aficionado's Dream: A sophisticated 400-bottle wine closet to showcase your collection. Entertain with ease in your spacious living areas, boasting floor-to-ceiling windows that flood the home with natural light and breathtaking views of the McDowell Mountains. Enjoy automated blinds, multiple fireplaces, and elegant Versace wall accents that add a touch of opulence to your living spaces. Perfect for All: Whether you're an end user looking for a forever home or an investor eyeing a lucrative Airbnb opportunity with a projected $600K potential, this property offers the best of both worlds. With over 14 new builds and major remodels within a half-mile radius, you're aligning yourself with an exclusive neighborhood on a charming dead-end street. Experience Luxury Living: - 4-car side entry garage for convenience - Cutting-edge technology throughout, ensuring comfort and security - Impeccably designed spaces perfect for relaxation and entertainment This stunning estate is more than just a home; it's a lifestyle. Don't miss the chance to make it yours! Take the first step toward enjoying the ultimate in luxury living. Your dream home awaits!

10801 E Happy Valley Road Unit 27 Scottsdale, AZ 85255

$4,300,000
3 Beds
3.5 Baths
3,590 SqFt
Status Active
MLS # 6776910
Property Type Single Family Residence
Price Type --
Discover a rare opportunity to own a fully remodeled 2024 luxury home on one of Glenn Moor's most private and coveted lots, offering sweeping 360° views of Pinnacle Peak, Troon Mountain, and glittering city lights. Set at the end of a quiet cul-de-sac in the exclusive, guard-gated Glenn Moor community, this residence combines elevated design with breathtaking scenery, creating an ideal sanctuary. The grand circular driveway and lush landscaping set a welcoming tone, while inside, high ceilings, stacked-stone fireplaces, and floor-to-ceiling windows bring the stunning desert landscape indoors. The gourmet kitchen is an entertainer's dream, with custom cabinetry, top-tier appliances, a marble backsplash, and an oversized island. Glass sliding doors open to expansive outdoor patios with multiple levels for relaxing or gathering, surrounded by uninterrupted mountain and golf course views. The luxurious primary suite is a retreat in itself, featuring a sitting area, spa-like ensuite with a standalone soaking tub, new steam shower, dual vanities, and a large walk-in closet. Additional highlights include European white oak plank flooring, a new foam/tile roof with a 10-year warranty, Lutron touch electrical outlets and switches, and smart Wi-Fi throughout. Car enthusiasts will appreciate the oversized 3-car garage with built-in storage and ample parking. With optional access to Troon's prestigious golf, tennis, and pickleball amenities, this home offers an exceptional lifestyle in the heart of North Scottsdale.