Land Around Tempe Lake Is Skyrocketing.
Friday, March 30, 2007
Get this. Tempe Town Lake is the third most popular private tourist attraction in Arizona according to the Arizona Office of Tourism. Only Chase Field in downtown Phoenix and the London Bridge in Lake Havasu enjoy more visitors.
Checkout this Arizona Republic article of March 30, 2007 which states that privately-owned land within the 743 acres that surrounds the Lake went up in value from $15.4 million to $93.6 million in the past nine years.
This is obviously great news for those that were willing to buy the land before much of the new development in and around the Tempe Town Lake took place before the dramatic land appreciation began to skyrocket including the condo complexes that are being built on the shores of the Lake.
Homeowners in the area are no doubt enjoying the ripple effect. Click here for more information about Tempe, Arizona.
Checkout this Arizona Republic article of March 30, 2007 which states that privately-owned land within the 743 acres that surrounds the Lake went up in value from $15.4 million to $93.6 million in the past nine years.
This is obviously great news for those that were willing to buy the land before much of the new development in and around the Tempe Town Lake took place before the dramatic land appreciation began to skyrocket including the condo complexes that are being built on the shores of the Lake.
Homeowners in the area are no doubt enjoying the ripple effect. Click here for more information about Tempe, Arizona.
posted by Team Best Phoenix at
3:02 PM
