Sedona Real Estate Market Conditions for Saturday, 10-1-11
Well, I have 2 spotlight listings for you today: the first one is a new concept to residential real estate in a sense. It's a home with an attached casita/guest quarters BUT it locks off completely and the builder says it will meet the new Sedona ADU (Accesssory Dwelling Unit) regulations if the purchaser desires to use it as a legal rental, and live in the other half. This concept has been used for years in the timeshare industry, where you can use the entire unit for your own purposes, or divide it for separate rental. They're just breaking ground and expect to have the home finished early next year, but I think it's a great idea that will appeal to our many out of state buyers looking for Sedona Second Homes that they can rent now and retire into later. Stay tuned...
The other listing I think deserves a special mention is a Camp Verde Home for Sale in the lush greenbelt area in one of Camp Verde's nicer neighborhoods. It's on over 1 1/2 acres for about $250K.
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Information is sourced from and based upon data from the Sedona Verde Valley Association of Realtors® (SVVAR) Multiple Listing Service. It is deemed reliable for sales reported to the association, but is not guaranteed, and is subject to change. Does not contain non-MLS sales data. Market area includes Sedona, Oak Creek Canyon, Uptown Sedona, West Sedona, Red Rock Loop, Chapel, Little Horse Park, Village of Oak Creek, Big Park, Cottonwood, Cornville, Verde Santa Fe, Clarkdale, Camp Verde, Lake Montezuma, Rimrock and Jerome Arizona.
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