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As baby boomers reach retirement age, many want to downsize from large-family homes to more manageable luxury condos. Scottsdale, known for its warm climate and numerous resort-style communities, has become a popular destination. A growing number of boomers opt for million-dollar homes in Scottsdale that offer premium amenities like golf, spas, and restaurants right onsite. These expensive but low-maintenance condos provide comfortable lock-and-leave living, freeing retirees to travel frequently. For those seeking an active luxury lifestyle minus the hassles of homeownership, Scottsdale homes for sale in upscale communities present an appealing option for downsizing baby boomers. Here are some of the reasons attracting retirees to Scottsdale:
Access to premium amenities
Baby boomers are downsizing in square footage while also increasing their amenities. Many modern Scottsdale condos cater specifically to buyers over 55 and offer lavish pools with cabanas and weekly programs like yoga in the park, wine tastings by the fire pits, guest lecturers, and organized excursions. Homeowner association fees cover all lawn care, housekeeping, building maintenance, and 24/7 concierge service – freeing residents to come and go without worrying about property management. These multi-million dollar units have stunning Arizona views, gourmet kitchens with stainless steel appliances, spa-like bathrooms with dual vanities, motorized window shades, and built-in audiovisual systems. Not to mention onsite fitness centers, club rooms, and golf simulators.
No need to compromise on location
Scottsdale has nearly ideal weather year-round and access to major highways. The area offers fantastic shopping and dining in Old Town Scottsdale and a thriving arts scene. Outdoor lovers appreciate the adjacent McDowell Sonoran Preserve, which has nearly 200 miles of trails through a diverse desert landscape. Baby boomers prioritize living near top health centers, such as the Mayo Clinic Hospital, 13 miles from downtown Scottsdale, offering access to world-class healthcare and upscale culture and activity.
How to buy a home in Scottsdale: Strong projections for the market
Industry analysts expect the luxury condo market in Scottsdale to remain highly desirable as more affluent households downsize their living arrangements across the country in the coming years. Trulia reports that over 41% of baby boomers have already moved from the spacious suburban homes where they raised families – seeking more accessible living spaces with less required maintenance. This influx of buyers focused on convenience and lifestyle oversize rapidly shapes Scottsdale’s real estate landscape – with no signs of slowing.
Scottsdale real estate market
The Scottsdale real estate market is one of the country’s hottest. Home prices in Scottsdale have risen over 20% in the past year due to high demand and low inventory. The desirable climate, thriving job market, and abundant amenities make Scottsdale extremely popular, especially with remote workers and retirees. Luxury homes are in demand, with the median price breaking $1 million. Experts predict continued price increases but warn that the market may slow down if interest rates significantly rise.
Scottsdale luxury homes
Scottsdale is home to some of Arizona’s most exclusive and expensive properties. The sprawling luxury homes dot the hillsides, with spectacular views of the mountains and city below. Architectural styles range from Santa Barbara-inspired estates to sleek modern designs. Properties have amenities like home theaters and guest houses. Many luxury homes are in guard-gated communities for added privacy and security.
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