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E M A I L U S AT N E W S T I P S @ A R I Z O N A R E P U B L I C . C O M O R C A L L U S AT 6 0 2 - 4 4 4 - N E W S ( 6 3 9 7 )
CATHERINE REAGOR REAL ESTATE
Design of 1950s beloved
Cost calculator: calculator
RENTING vs. OWNING Buying bites more from your pocket, but that isn’t the only figure to check EMILY STARBUCK CRONE NERDWALLET
Owning a home is often considered the American dream — and it’s an expensive one. Homeowners in all 50 states and Washington, D.C., pay from 33 percent to 93 percent more for housing each month than do renters living in the same state, according to a new NerdWallet analysis. See COSTS, Page 3R
In Arizona The premium to own a home costs a median of 41 percent more than to rent, which is one of the lower differentials in the country.
JENNA KENDLE/GANNETT AND GETTY IMAGES
Frank Austin moved to the Valley from California a few years ago and found he loved the area’s Midcentury architecture. Last September, the architecture aficionado bought the historic home of Frederick Weaver, who designed some of Phoenix’s iconic mid-20th-century buildings including Arizona State University’s Hayden Library in Tempe. Austin paid about half a million dollars for the 1951 home in Phoenix’s Encanto Vista neighborhood and then spent another $100,000 renovating it. The Midcenturycool house with brick interior walls and wood ceilings is part of this year’s Modern Phoenix week tours. “When I went to the open house, I met Fred Weaver’s daughter there,” Austin told me. “She told me about the house they moved away from in the 1980s. I was hooked.” He worked with a contractor and designed much of the renovation himself, incorporating key designs from the era including chevron patterns and 1950s-era fixtures. Phoenix really began to grow in the 1950s due to the advent of affordable air-conditioning. The Valley’s architecture from the era didn’t really start to draw a lot of fans until more recently. Full disclosure, I own a Midcentury home half a mile from Austin’s house. And when I bought it 13 years ago, the buzz about the era’s architecture was much quieter. The listing See REAGOR, Page 3R
NO UPFRONT FEES with every purchase or refinance. Expert Guidance - Hassle Free Approvals Lightning Fast Closings!
You don’t have to pay a lot in fees to get a great rate!
480.607.7906 or visit us at scoutmortgage.com 9304 E Raintree Dr., #110 Scottsdale, AZ 85260 Visit us on Facebook
This advertisement is a solicitation by Scout Mortgage, Inc. for a mortgage loan. The No Loan Cost program is only available for loan amounts $150,000 and higher. Loan Costs paid by Scout Mortgage do not include prepaid interest, initial escrow reserve deposit or interest and fees associated with paying off existing mortgage(s). No Loan Cost program not available for non-owner occupied properties. Not all applicants will be approved. Good Credit and Verifiable Income Required. Other loan programs are available. Rates are subject to change. Call for Details. AZ MB 0903218 / NMLS #56553.
PHOENIX | 1709 West Burnside Trail | Open Today 1–4PM
AN ABSOLUTE PLEASURE. Nestled in gated Sonoran Foothills, MLS# - 5563102 this masterfully-built cul-de-sac home will take your breath away. Bedrooms - 4 The elegantly-finished interior has soaring ceilings, gleaming Bathrooms - 4 granite, surround sound, dual-pane windows and plantation Pool - No shutters. Host guests in the formal dining room, chic living room and inviting family room with fireplace. The study is perfect for Sq. Ft. - 3,391 the work-at-home professional. Luxurious master. An entertainer’s Garage - 3-Car delight, the expansive yard enjoys a pond, waterfall, professional Lot Size - 9,974 sq. ft. landscape and multiple patios. Block wall and view fencing ZIP Code - 85085 offer privacy without compromising mountain views. Three-car extended tandem garage with epoxy floors. Incredible community Online Pics - ThoseCallaways.com amenities! – Joseph Callaway Price - $575,000
Brought to you by Those Callaways, (480) 596-5751
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PHOENIX | 14649 North 14th Drive | Open Today 12-4PM
MLS# - 5532333 VIEW-RICH MOUNTAINTOP GEM. Snuggled at the end of a quiet cul-de-sac, this big bold beauty brims with views, views Bedrooms - 5 and more views including shimmering city lights and urban Bathrooms - 5.5 mountain vistas. Posh living room w/soaring cut-outs, floor-toPool - Yes ceiling fireplace column, wall-width glass doors for easy indoor/ Sq. Ft. - 6,021 outdoor living. Chandelier-lit dining room. Family room w/ massive view windows. Chic kitchen. Swank wet bar. Blissful ZIP Code - 85023 master retreat. Generous upper-level spaces for office or billiards Online Pics - BaldwinTeam.com parlor/game room. Alfresco amenities: elegant pool, spa, towering Price - $1,500,000 palms, lush side-yard, full-length flagstone patio, waterfall. Guardgated community w/tennis courts, biking/walking paths. Visit tourfactory.com/1689606. Inside: details, directions.
Brought to you by Sandra Baldwin, Launch Real Estate
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