by Pat Lairson, Realtor, Maricopa Real Estate
One thing this past year did was create a desire in people to get out into nature more often. RV and camper sales have soared as people engaged more with the great outdoors, desiring more personal space.
The same has happened with land and non-HOA subdivisions. People want space and they are willing to pay more for it.
You can find a non-HOA subdivision in almost all cities in Pinal County. A popular area that has a variety of non-HOA homes is called Hidden Valley and it’s located southeast of Maricopa, just past the Ak-Chin Indian Community. It’s about 30 miles west of Casa Grande.
This area offers acreage and different types of housing from manufactured to custom homes. Part of the area has its own water company, Thunderbird Farms Improvement District. Other homes are serviced on a private or shared well, or with hauled water. There are several 3.3-acre homesites, offering mountain views and privacy you can’t get in an HOA subdivision.
Homes in this area have been gaining value and there is a lack of inventory, which is helping to drive prices up.
Currently, there are 13 homes for sale in Hidden Valley, ranging from $145,000 to $399,900. There are 21 homes under contract, with prices ranging from $177,000 to $379,000. This area could be a good alternative for people who need to buy something under $260,000 or want something more custom.
Some of these properties have horse privileges, and other livestock can be found there as well. Unlike Maricopa where there tends to be one geographical area for these types of homes, in Casa Grande, they are scattered throughout the community.
As new homebuilders continue to build homes within an HOA subdivision, non-HOA homes become comparatively rarer and possibly more valuable. There is a viable market for custom homes on land. Raw land has gone up in value, too. Between Casa Grande and Maricopa, there are 247 parcels available for sale. The price range for raw land in this area starts at $5,000 for a 372-square-foot lot to $9,600,000 for 320 acres.
As you can see there is something for everyone!
Pat Lairson can be contacted at 520-280-5862 or Patlairsonrealtor@gmail.com