{"id":5796,"date":"2018-09-13T05:47:59","date_gmt":"2018-09-13T12:47:59","guid":{"rendered":"https:\/\/www.arizonafoothillsmagazine.com\/in-house\/?p=5796"},"modified":"2018-09-12T10:48:11","modified_gmt":"2018-09-12T17:48:11","slug":"study-puts-value-on-mountainside-living-in-valley","status":"publish","type":"post","link":"https:\/\/www.arizonafoothillsmagazine.com\/in-house\/in-house-news\/study-puts-value-on-mountainside-living-in-valley","title":{"rendered":"Study Puts Value on Mountainside Living in Valley"},"content":{"rendered":"

\"\"<\/p>\n

Does living near a mountain really add value to one’s home? During a recent study conducted by\u00a0The Hill Group of Coldwell Banker Residential Brokerage,\u00a0<\/a>the team set out to calculate average values of home sales based on various elevations among nine mountains in the greater Phoenix area:\u00a0Camelback Mountain, Mummy Mountain, Piestewa Peak, South Mountain, Red Mountain, Black Mountain, Scottsdale Mountain, McDowell Mountain and Pinnacle Peak.<\/p>\n

\u201cI learned very early on as an agent that mountains matter to both buyers and sellers, especially in the greater Phoenix area,” says Kirsten Hill, co-founder of The Hill Group, in a press release. \u201cBut the big question that has always remained is how much value does a mountain add to a home? Having a higher elevation (and better views) can make a big difference, as can the location of the mountain and what neighborhoods and attractions surround it. This study takes all of those factors into account and puts a number on the top nine mountains in the area.\u201d<\/p>\n

Below are the group’s findings:<\/p>\n

Camelback Mountain (elevation: 2,707 ft)<\/p>\n

On the mountain: $1,701,971<\/p>\n

Off the mountain: $1,160,758<\/p>\n

Mummy Mountain (elevation: 2,264 ft)<\/p>\n

On the mountain: $1,881,901<\/p>\n

Off the mountain: $1,670,106<\/p>\n

Piestewa Peak (elevation: 2,612 ft)<\/p>\n

On the mountain: $945,457<\/p>\n

Off the mountain: $885,838<\/p>\n

South Mountain (elevation 2,690 ft)<\/p>\n

On the mountain: $316,684<\/p>\n

Off the mountain: $252,188<\/p>\n

Red Mountain (elevation: 2,832 ft)<\/p>\n

On the mountain: $376,676<\/p>\n

Off the mountain: $322,708<\/p>\n

Black Mountain (elevation: 3,403 ft)<\/p>\n

On the mountain: $736,605<\/p>\n

Off the mountain: $493,415<\/p>\n

Scottsdale Mountain (elevation: 4,057 ft)<\/p>\n

On the mountain: $754,209<\/p>\n

Off the mountain: $492,374<\/p>\n

McDowell Mountain (elevation: 4,057 ft)<\/p>\n

On the mountain: $1,368,790<\/p>\n

Off the mountain: $747,203<\/p>\n

Pictured:<\/em> Pinnacle Peak (elevation: 3,173 ft)<\/p>\n

On the mountain: $1,591,693<\/p>\n

Off the mountain: $1,152,191<\/p>\n

To view the full study and findings from each mountain, visit www.WhatsThatMountainWorth.com<\/a>.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"Does living near a mountain really add value to one’s home? During a recent study conducted by\u00a0The Hill…\n","protected":false},"author":16,"featured_media":5797,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[3280,3276,1648,3282,3275,3277,3278,2741,3279,3281,2826,3274,3283],"class_list":{"0":"post-5796","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-in-house-news","8":"tag-black-mountain","9":"tag-camelback-mountain","10":"tag-featured","11":"tag-mcdowell-mountain","12":"tag-mountain-living-az","13":"tag-mummy-mountain","14":"tag-piestewa-peak","15":"tag-pinnacle-peak","16":"tag-red-mountain","17":"tag-scottsdale-mountain","18":"tag-south-mountain","19":"tag-the-hill-group-of-coldwell-banker-residential-brokerage","20":"tag-whats-that-mountain-worth","21":"cs-entry","22":"cs-video-wrap"},"yoast_head":"\nStudy Puts Value on Mountainside Living in Valley<\/title>\n<meta name=\"description\" content=\"Does living near a mountain really add value to one's home? 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