Sun City Festival
Homes for Sale
Sun City Festival Homes for Sale
55+ Community in Buckeye, AZ
The community opened for sales in 2005 and they are still building, so there are resale homes and new homes available. All homes are single-level with a huge variety of sizes and features to choose from. New construction homes offer a range of base prices but do not include lot premiums, upgrades, or design center options. As a general rule of thumb, most people will spend an additional 15% – 25% over “base price” for design options and lot premiums for their new home. Obviously, your cost will vary depending on how much you decide to upgrade your new home.
If you don’t want to wait for new construction, you can purchase a resale home that is just a few years old. Del Webb has offered several phases, with approximately 15-20 models per phase, so whether you decide to buy a new home or a resale home, it’s easy to find one that will fit your style and budget.
The Town of Buckeye assesses a $3,500 – $4,000 infrastructure fee called a “CFD tax” (CFD stands for “Community Facilities District”) on each lot at Festival Ranch, including Sun City. A home buyer can choose to pay off the total of the CFD assessment at the time of purchase and save about $400 year on taxes, or you can choose to amortize the principal amount with interest over the course of 20 years. Most home buyers choose the latter, usually because of lesser initial costs or because they may have plans to sell the home within a few years. When you purchase a home and the CFD has not been paid off, it can be a negotiable item, and you can ask the seller to pay it and remove the lien. Most sellers want the buyer to assume the balance owed on the assessment.
IMPORTANT NOTE: We can represent you when purchasing a resale home OR a new home (sales staff represent the BUILDER!). Builders in Arizona all cooperate with agents, and you are entitled to your own representation at no cost to you, but we MUST accompany you the first time you visit the sales office or model homes. We have often been able to save our buyers thousands of dollars!
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