As the former owner/occupant of a few homes in the Arrowhead Ranch area and Hillcrest Ranch over the years, I feel the "defect" of being so close to the freeway will hurt the resale value and restrict number of potential buyers. First you have the noise: Sound travels further and "stronger" in denser substances, so during hot summer months when the hot air is less dense, the freeway won't sound as loud. But the noise will be much more noticeable when air is cooler (hence, denser), such as at night, after a monsoon, or during winter months. I once owned a home at Bell and 72nd Avenue and I could hear the freeway miles away much clearer/louder at night. You also have the detrimental effects of air pollution on you and your family's health. My personal rule of thumb is to live no closer than 1 mile from any freeway. There are newer-looking subdivisions immediately north of 101 Freeway (Sierra Verde, Patrick Ranch) and near the mal (Park Paseo, but yards are small). You might also consider buying closer to 59th Avenue because of its proximity to Midwestern University, pool of future renters and buyers.
-- KB
Former residennt of 85310, 85382 zip codes.
Not a real estate professional - Sun Aug 2 2009, 07:40