With regard to potential appreciation -- the outlying areas got hit first, the hardest and will generally recover the slowest. The more mature parts of town got hit last, and will generally recover first.
Final thought -- make sure you are considering all of your purchase options in Goodyear -- it is possible that there are foreclosure, bank-owned, spec or wholesale opportunities in Goodyear that might allow you to pick up some additional square footage at a price better than you expect.
Let me know if you need any assistance -- always happy to help.
If your time frame for selling is three years, odds are you're not going to see a great return in either Buckeye or Goodyear. But that's just a best guess based on what we're seeing.
The question really becomes where do you want to live? If you're comfortable with driving the extra 10 to 12 miles one way every day from Buckeye (assuming you work in town), then take a look at Sundance. (And also keep in mind when it comes time to sell you'll have to find someone else who doesn't mind the extra miles.)
If you're not up for the elongated commutes, come back into Goodyear and look at some communities with somewhat comparable prices - Centerra, Rancho Mirage, Canyon Trails, etc.
Good luck with the search!
I am not sure about the return in this market, however location is key. Many people move far out and then realize that the commute isn't worth it.
I think you can find some awesome values much closer to the City. Of course this depends on your needs, how much you want to spend, or if it is an investment property.
Feel free to contact me if you have any questions!
Use the Old Fashion "Standard Rule" in real estate: Location, Location, Location!
With gas prices up - Location really matters!
I would buy in Goodyear over Buckeye simply based on location. There are a lot of other advantages too.
I hope this helps.
Free list of BANK OWNED HOMES in Buckeye, Goodyear, Avondale, Litchfield Park & Wadell go to: http://www.623ForeclosedHomes.com