Before the economic recession purchasing a parcel of land to build your personal dream home was within reach for many people. Once the real estate market began it's free fall, land lost severe value along with everything else. Some land owners got stuck holding on to lots that were worth only half of what they originally paid. Others were able to cut bait, take the financial hit, and unload their sinking asset.
Those who hung on to their land in hopes of the market recovering are now finally seeing their lot values rise. Gilbert, Arizona has seen steady increases in land and property values since 2012. Land owners are now beginning to realize they may be able to list their lot for sale after all these years of waiting. This is good news for those that have been wanting to escape the confines of traditional new build homes and branch out to have their own custom home made to their exact specifications.
Available lots for sale in Gilbert, Arizona have been sparse but we are now seeing an increase in the amount of infill and raw land lots coming on to the market. If you are completely unfamiliar with the land purchase process and don't know where to even begin, you can refer to a previous article I wrote "How do I buy land for sale in Arizona to build my dream home". In that blog post I explain everything you need to know about purchasing land in Arizona.
Click Here for a list of current Half Acre and 1 Acre lots for sale in Gilbert, AZ
There is quite a wide range of lots and locations available in Gilbert. Purchasing land does not have to be a scary proposition. Let the Gilbert, Arizona real estate experts at Zion Realty help you through the process of determining whether purchasing land is right for you. Contact us today atZionRealtyAZ.com!
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