Thinking about moving to Prescott, Arizona? Before you start browsing listings, watch this video to see what different budgets actually buy and learn a few surprises that many buyers don’t discover until it’s too late.
Video Transcript
In this video, we’re going to show you exactly what homes in Prescat, Arizona look like at different price points. Hi, I’m Diane, the local Prescuit pickle lady, and I’m Randall, our trusty sidekick. We make videos to help people who are thinking about relocating to Prescat understand what it’s really like to live here. And if you’re thinking about moving to Prescat, Arizona, and you are trying to figure out what homes here actually look like and what you really get for your money, this video is for you. We are going to walk through homes in Prescat, Arizona at different price points from lower-end options to mid-range homes to higherend properties and also talk about building and renovating so you can figure out what actually makes sense for you. Make sure to stick around to the end because we’re going to show you a strategy most buyers miss when they come to Prescuit. All right, so the first thing is we’re going to talk some prices here. We are recording this video in 2026. These are the prices that we see. Now, uh these prices may change, but when we talk about a medium a home, a medium pricriced home, you kind of know what that looks like. So the price points may change over time if we have appreciation, but the homes really don’t. It just the priceoes typically go up. Right now, our market is staying pretty steady from the big COVID appreciation. Yeah, we haven’t seen a tremendous drop. So, uh I think one thing that you should know about is when you come in and you think it’s a small town, I can get a big mansion for 600,000. Those days are over. Okay? So, we could have done that 10 years ago when we first came here, but nowadays you need to adjust that and probably what you’re mostly looking for is 7 to 8 to 9. Yeah. So, a median priced home here is about $650,000 as of today. Most of our buyers are buying more like 750 and up, right? And up. Uh, I would say a median a medium price home goes probably mid7s, maybe almost to eight. Uh, just to give you some idea, we’re looking at about $325 a square foot. That’s for the entire town of Prescuit, the whole town. Obviously, they can go up to 455 a square if you’re having a luxury home or you’re building new construction. So, that all varies. One way to keep track of where prices are, every month we put out a home value report. Uh it’ll give you the price for Square and all that both in Prescuit and Prescat Valley. I’ll put a link in the description in case you want to go check that out. Really important to look at. Gives you a lot of info. All right. So, let’s say I spend $650 700,000. Tell me about the home. I’ll probably So, yeah, a home priced in that range will probably be like a tracked home or as some people say cookie cutter. Yeah. um they will have some bells and whistles. It’ll probably be newer construction. Yeah. Some of the older construction in that price point will need to be totally renovated and updated. Um some of those are in good areas though, so if you get in low enough and you put the money in, you can sell for much higher later. Yeah. So, yeah, we’ll do some uh some links to videos to give you an example of homes by price point. Look in the description for a link there. But you’re not going to get a mediumriced home. uh for three or 4 thousand square feet uh you know for for 600. That’s not going to happen. No, that’s not gonna happen. All right. But what if your budget is lower than that? You know, typically have some people we say a median a median priced home is 650. Some people that’s exciting to them because they’re used to prices much higher, right? Some people they they you know that’s a big number. It’s still a lot of money. Absolutely. Yeah. So, let’s talk. If your budget’s lower or you’re trying to spend less, what do those homes actually look like? All right. So, this is a price point of maybe $500,000 or less. We would consider that to be a lower-end home, at least in the city of of Prescuit. Uh that doesn’t mean necessarily that you do some you just a lot of times just buying less house. That’s right. So that puts you in the area of like condos, town houses for uh a condo 500,000. That’s that’s that’s a very nice condo. In Prescat Lakes, we have some darling condos for like 375 400. Town houses in Prescat Lakes are like five. Hi Village, same. Yeah. Um but if you wanted to get something a little bit more affordable, Prescat Valley, Chino Valley, and Dewey Humble will usually typically run about 10% less. Yeah. So, Chino Valley is probably a 20 minute drive. Yeah. Um, Prescat Valley that I mean you you kind of fall into Prescuit Valley right off of 69. Uh, right next door. Uh, those homes are rule of thumb about 10% less, right? So, you buy the same home, it’ll be about 10% less. A little bit more cookie cutter, newer construction. They’ve got bigger uh developments that are spreading out through that area. Now, Dewey Humble, the only thing that we’ve really sold a lot of is uh Quailwood, which is a subdivision right outside PV, actually in Dwey. Those homes are very nice. That’s probably about 30 minutes from uh Pres, downtown Prescuit. And so, you get more for your money just because it’s further out there, but closer to 17 and getting on the road to Phoenix. So, a lot of people like to buy there for a second home. Yeah. Because it’s easy to get back and forth from Phoenix to Phoenix. Yeah. get you about 30 minutes closer to uh to Phoenix. That would make Scottsdale about an hour. Uh what is the outlet? The Anthem. The Anthem Mall. That would put Anthem Mall at probably about 40 minutes. Yeah. So, some people like to be closer to F. That’s an option for you. Yeah. All right. So, that’s the that’s the lower end. What happens if you start spending more? What are what does that change? So, high-end, uh, you’re looking at starting at about 800,000. Uh, 800,000 to a million is a typical for a higherend home. You get much of above a million. You’re starting to talk about luxury homes. I would say a luxury home would in in Prescuit, anything at about a million and a half to two. A million. Yeah. Maybe even 1250. Uh, that’s going to be a luxury home in most people’s books. and like that’s that’s clearly a luxury home, but you can get a nice high-end home for about a million. Price drivers is the first of all the size of the home. Correct. Yeah. So, if you’re looking for a lot of space, price per square, the more squares, it’s going to cost more. Most of the people we’re dealing with, they don’t want really big homes. Yeah. They want they’re looking to downsize 2500 to 2,800, but some people still want that 3,3500. Yeah. And they want a bigger lot. They want to have some space around them. They don’t want to have neighbors. They don’t want house house. They don’t want cookie cutter. And they’re all looking for luxury views. Or some of the higherend homes. I mean, you could get a home for a million dollars that has a really nice view. Used to be to go from a house without a view to a spectacular view. You were talking about $50 or $60,000 more. I think it’s closer to 100, maybe 125 since uh CO. Uh suddenly people were going crazy over views during CO. I guess because they were stuck home, they had nothing to look at. They want to see something pretty. But since then, we’ve bid up the price of views. So you should know that. Your kitchens, your bathrooms, and your flooring in in a higherend home is going to be topnotch. You’re going to have all the bells and whistles. quartz site, um, quartz countertops, you know, either all wood, beautiful floors, or luxury vinyl. It’s going to be the latest bells and whistles. And if you’re looking at a new home or home that has been newly renovated, uh, you’re probably looking at a higherend home, right? So, you know, if you’re looking for something like that, just say, you know, I really can afford 8 to nine, and I think you’d be a lot happier with the selections. Yeah, we’ll run the gamut with all the low-end stuff for you and then eventually we’ll have a come to Jesus meeting and you’ll realize I think I want something nice. I think I I Well, and my my opinion is you worked hard and you’re retiring. Get something nice because this is the time to enjoy it. And luxury is getting more and more popular here. It was actually unusual to find a home in Prescuit for more than a million and a half. It was actually hard to find those homes. Now they’re starting to build them. And what we’re finding is more and more buyers. That’s what they want. They want high-end luxury homes. High end. So, the the market’s kind of changing that way. All right. So, uh, what surprised you most about these homes? We’d like to hear from you. If you would, uh, leave us a comment so we could check it out and figure out what’s going on. So, here’s a question. What if you don’t see exactly what you want? Do you build it or is that a mistake here? That’s what we’ll cover next. All right. So, if you build a new home, you’re probably looking at about 425 a square. Yeah. It depends on also the location and the terrain. Yeah. Um, we don’t have a lot of flat available land here in Prescat proper. So, if you’re building into hills or terrain, Yeah. then that price can go up more because there’s a lot of excavation and building out on stem walls. So, keep that in mind. This is not your typical build that you see in normal flat areas. How long how long the builders taken these days? Well, they say some take nine months, some take a year and a half. We have one building across the street from us that’s going on a year and a half. It’s about 4,000 square feet. And uh so it just depends what you’re building. If you’re building a huge RV garage or threecar garage, fourcar garage, and all this extra stuff, it might take a little bit longer. We would encourage people to try to find a speck home before they jump into a semi-custom home. Uh, a lot of times the builders will really pack those speck homes with lots of extras, right? Uh, and just not having to go through the customization process. They can get a lot more efficient. You tend to get more for your money. And a lot of times the buyers will have them. They’re kind of almost ready to go, right? So instead of waiting for a full build, you might have to just wait a couple of months before instead of waiting a year, you can get something and sometimes when you build that cost is not quite built in. The builder themselves, if they’re doing a speck home, it’ll be built in their cost. If you are building it yourself and picking everything, it can go a lot higher. So if you want to do custom builds, all we have to say is we know builders. We know them. We have we know the ones they go to. Now, there are some builders, they do really well with tracked homes and customuilt homes, and they have others that are better at luxury fully custom homes, right? Uh so, talk to us. The design centers, yeah, with the design centers and everything, we can hook you up. So, make sure to talk to us about that. Absolutely. If you’re finding this information helpful, we’d really appreciate if you would take a moment to like this video. It really helps us a lot. And if you want to make sure you get all of our new videos as soon as they come out, subscribe. Don’t miss out on any of the press get scoop. And chances are you know someone who should really watch this video. If so, take a moment to share it now before you forget. All right. So, next is the section you’ve been waiting for. This is where we give you the strategy most buyers miss when they come to Prescuit. I know. I know. I know. I know. You don’t want You don’t want to renovate. No one does. I just did a little renovation myself. It was not a good summer for me. I made it through. It was pretty ugly, but well worth it. Yeah. Now, listen, hear us out. Hear us out. Nobody wants to renovate, but I can tell you Prescuit is ripe for renovation. And the reason why is most of the really good locations, they’re already taken, right? So, if there’s a home there that’s been there a while and you know, somebody built it and they’ve been there for 20 or 30 years, they haven’t changed any of the colors, any of the countertops since then, you know, they’re they’re parking out in a really good spot that you’re not going to be able to build the home on. That’s right. So, renovation might be a good option. You can get a beautiful home with astonishing views, but maybe it’s 25 years old. So, it’s Renault light. You can get in there and just repaint. Yeah. Yeah, maybe put new floors in, new countertops. It’s nothing like really grossly overexaggerated. It’s just kind of sprucing up and getting a little more up todate. Yeah, if if the home doesn’t have good bones and the floor plan’s just stupid. That happens, you know, with people do have more money than sense, they do a custom home and they just do stupid things, terrible ideas. Just terrible ideas that they make, they they bring into reality. Yeah. And there’s so much you can do with that. You know, we’re not really talking about taking things down to the studs. We’re talking about rena light, paints, floors, countertops, that sort of thing. Maybe every now and then putting in a door where a door isn’t, you know, taking out a window, something like that. Kind of updating the bathrooms. Um, things like that. Uh, things that can make it a showplace and then you’d have astonishing uh location, views, uh, great neighborhoods. It just needs to be uh, jued up, as we say. You should know we have contractors. We can hook you up. It’s not like you have to run this thing. We will be as your home is being renovated. We can be your boots on the ground if you’re not in town yet. Absolutely. And you just move in when it’s all done. We do it all the time. Happy to do it and run those uh run that project for you. And you can get such a deal. Yeah. You can get such a deal doing that because no one wants to do it. So, homes that need sometimes all they need is paint. They have great bones. Yeah, great bones. All they need is paint and the sellers don’t want to spend the money. Oh, they’re gonna want to pick out their own color. Blah blah blah blah blah. So, it sits on the market for a very long time and you end up getting a really good deal. Sometimes you can get a great price and if you invest maybe a h 100,000 getting it all spruced up, you can make that and more in appreciation. Yeah. and we’ll make sure we’ll run numbers for you to make sure that you know you’re not going to end up spending money that you’re not going to get out. There’s some neighborhoods we would be like no can’t do that. So, you know, the vast majority of people are not going to do that. We get that. But all we ask is consider it. It might be an option for you and we’ll make it as painless as we possibly can. We’ll try. We will try. All right. At this point, you’re probably thinking, “Enough of the theory. Show me homes that are actually on the market right now. I want to see something real.” This is exactly why we created the picklealerts.com system. It helps you see real homes that will match your criteria in real time so you can start to get a feel for what’s actually available and how it fits your budget and your preferences. To get started, go to picklealerts.com or use the QR code provided or look for the link in the description. Yeah, if you’re wondering how these home prices translate into your overall lifestyle, check out our Prescuit cost of living video. It will walk you through all of that. Plus, we’ve included a special tool we think you’ll find very handy. Click the thumbnail provided to watch it now. In the meantime, we hope you found our video informative and fun, and we hope to see you next time. Bye now, friends. Bye.