Building Costs Per Square Foot in the City of Phoenix (AZ), USA

Phoenix 2927 W Latona Road AZ-85339 - 4 Bed and 3 Baths with 3 x Attached Garages on Gross Floor Area 2,766 sqft - Built in 2022 - Price $699,000 (2)

Newly Built House in Phoenix 2927 W Latona Road AZ-85339 – 4 Bed and 3 Baths with 3 x Attached Garages on Gross Floor Area 2,766 sqft – Built in 2022 – Price $699,000 (2)

Residential Construction Market Analysis in the City of Phoenix, USA

Building costs are 3% above the national average in the City of Phoenix in Arizona, equivalent to the city of Mesa, Lompoc, Sacramento, Norwich, Granite City, Rockford, Marquette, Meridian, Knob Noster, Las Vegas, New Boston, Raleigh, Bismarck, Cincinnati, Cleveland, Newark (ND), Allentown, Harrisburg, Greenville, Vancouver, Green Bay and Gillette. Among the cities on the West Coast of the United States, Phoenix is probably the least visited by tourists, but this does not mean that it is not a good place to live, on the contrary! It is a quiet city, which has all the comforts of a big city but the spirit of a small town.

It is a city that is growing, especially in the real estate sector. With the pandemic, more people decided to choose to live in states surrounded by nature, especially with the advantages of having a home office there. For that very reason, the Phoenix real estate market has gone through some never-before-seen moves.

To learn more about this, continue reading this article, where we will focus on the city of Phoenix, located in the state of Arizona, and its real estate market. From the values of the properties to the projects that are coming in the next few years and the expected values, here we will take care of everything.

Phoenix Construction Outlook

Phoenix is like an oasis within the Arizona desert. Although this state has other towns, its main city is Phoenix, and it has seen such great growth in recent years that it is considered one of the rising cities in this country.

Many people when they think of Phoenix only think of a desert and rocks with red soil, but in reality, Phoenix is a city like any other. It has buildings, although these rarely exceed 15 floors. They are not the typical skyscrapers of big cities.

There are also some residential houses that are the big stars of this city. They are perfect houses for middle-class families with 4 to 6 members. They can live more than comfortably in the large residential houses of the city.

Luxury homes are not common in Phoenix, but you may find some. The good thing is that the ones you find will be much cheaper in this city than in any other part of the country practically.

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