Study reveals what those mountain views are really worth

AZBigMedia

 

AZBigMedia

How much value does a mountain add to a home? Are some mountains, and their views, worth more than others? These are the questions The Hill Group of Coldwell Banker Residential Brokerage set out to answer in their new study – the first of its kind – called “What’s That Mountain Worth?

Doug and Kirsten Hill and their team of realtors worked alongside Fidelity National Title to calculate average values of home sales based on various elevations among nine mountains in the greater Phoenix area, including Camelback Mountain, Mummy Mountain, Piestewa Peak, South Mountain, Red Mountain, Black Mountain, Scottsdale Mountain, McDowell Mountain and Pinnacle Peak.

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