Resort Community in Phoenix Brings Canadian Home Buyers in the State

January 24, 2011 / Russell Legato, Residential Property Analyst

Encanterra, a resort community with luxurious amenities has been pulling second- home buyers in Canada to acquire luxury residential properties in Phoenix’s southeast valley since 2007. Canadians are finding the luxury home in the resort community affordable, which are situated inside a private country club.

Resort Community in Phoenix Brings Canadian Home Buyers in the State

The resort community’s architectural design is part of the Shea Homes Active Lifestyle Communities’ Trilogy— the company first investment into private country club living since its opening in 2007.

About 50 percent of the luxurious homes in the resort community have been mostly acquired by Canadian second- home buyers.

According to the general manager of Shea Homes Inc, Mike Fraley, people are surprised to find out how affordable the homes are, and it can be to live in a resort community.

Fraley also said that the homes in the resort community rival some of the top five- star hotels in the country, and recent housing market in Phoenix is now recovering since the housing recession.

Majority of the ome buyers are from B.C and Alberta, and about 15 percent are eastern Canadian who favor Arozona’s hurricane- free weather, plus the lower tax rates than Florida and other states.

A 298-hectare gated resort and residential community, Encanterra is just about 45 minutes away from Phoenix’s business district airport in the San Tan Valley. It also situated in an agricultural area with fields of cotton, corn, and alfalfa plus trees bearing olives and peaches surrounding the communities.

The private and non- equity resort community or county club is open to all ages, and as of Dec 2010, about 250 homes were already sold.

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