A new 'city within a city' is springing up in the Arizona desert offering people the chance to own an 'affordable home'. The master-planned Teravalis community in Buckeye is situated between the White Tank Mountains and the Belmont Mountain Range, about 30 miles west of Phoenix, and will see 100,000 homes constructed on the 37,000 acre site. It has been developed by Howard Hughes Communities and will eventually have 300,000 residents living there. Project leaders celebrated the grand opening of the project last month.
There are seven builders involved in the development - Century Communities, Courtland Communities, DRB Homes, KB Home, Lennar, Meritage Homes, and New Home Company - constructing properties that will start around $324,990. Is that affordable by today's standards? Sound like a high price to pay to live in a desert where the nearest ocean is 500 miles away in Southern California.
Buckeye, Arizona summers are extremely hot, with average highs often soaring above 100° and frequently exceeding 90°+ for extended periods, with days reaching well over 110°, making it hotter than many nearby Phoenix areas due to its desert microclimate. Good luck with that...
I live about 10 miles from this new development. Yes, it is hot out here in the desert and we are not near the ocean. But 110° and 1% humidity isn't as bad as many (most?) places in the South. And out here we don't worry about hurricanes, sinkholes, humidity and bugs. I've lived in Florida, Georgia and South Carolina, so I do know what all those things are like.
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