(Disclosure: Rose Law Group represents Meritage Homes.)
By Gabriela Rico | AZ Daily Star
A 20-year-old master-planned community, once considered to be “out in the boondocks,” is getting renewed attention on Tucson’s far southwest side.
Star Valley, near Valencia and Wade roads, is more than 1,400 acres and zoned for about 7,000 homes.
About 1,500 homes have been built, but last year, homebuilders began eyeing the area for new development as improvements to both Valencia Road and Ajo Way have made access to town easier.
Homebuilders pulled 172 building permits in Star Valley in 2021, versus 29 permits in 2020 and are aiming for prices in the low $300,000 range as the average new home price in the Tucson area now stands at nearly $430,000, and the average resale home price is $360,000.