Sunday, August 07, 2005

"Show Low Bluff" - New Homes Planned for Show Low

As the White Mountains Arizona area new homes/resale homes inventory becomes increasingly tighter pushing prices higher and higher, some relief may be on the way.

For September 13, 2005 Update - Click Here

Bruce & Pam, your White Mountains Realtors, recently attended a presentation detailing plans for a new housing development called, "Show Low Bluff". While the ultimate plans for this subdivision call for some 3800 homes, initially, the developers have filed plans for some 101 lots to be developed. Developers Show Low Too, L.L.C. reports that it will begin development commencing in September 2005.

The subdivision is located west of Penrod Road and north of Show Low Bluff, encompassing approximately 34.19 acres, with a minimum lot size of 0.16 acre, a maximum lot size of 0.41 acre, and an average lot size of 0.23 acre. The subject property is a portion of the property formerly known as White Mountain Meadows. This development was approved by the City Council through Ordinance No. 454 on August 17, 1999. The preliminary development plan was approved by the City Council on March 18, 2003.

Although as yet unconfirmed by us, proposed new home prices are reportedly targetting the $200K range. In addition to single family homes, condominiums and townhomes are also in the works. As with any PUD (Planned Urban Development), the development also proposes to have restaurants, lodging, shops, community centers/residents' recreation areas/neighborhood areas.

Although this is great news for The City of Show Low's bottom line, and we applaud the developer's initiative, it's even better news for local and not-so-local buyers who've been frustrated in the past several months by the market in the White Mountains. We've noted more modestly-priced new construction homes increasing in asking price from month to month in an ever-dwindling inventory squeezing out many buyers. Hopefully, Show Low Bluff will do much to ease that situation and offer buyers affordable new homes in our beautiful White Mountains.

For information on Show Low Bluff as it becomes available email: Show Low Bluff Update

Click here for a map of Show Low Bluff