Rio Verde Foothills Real Estate Arizona

Rio Verde Foothills Real Estate

Rio Verde Foothills Real Estate is a very sought after market due to the views the area affords and the amenities such as:  road biking, mountain biking, horse activities, hiking and access to protected recreational areas.  Real Estate in the Rio Verde Foothills is not without its challenges though.  The informed buyer should know some things about the area that are not readily apparent.

 

Scottsdale Arizona Water Well

Rio Verde Arizona Drilling Rig

 

Rio Verde Foothills Real Estate

Number 1…….just because there is a well on the property or you are a part of a shared well DOES NOT NECESSARILY MEAN that you may have potable water in adequate quantities without supplementation by a water hauling company.

Number 2…..just because there is a faucet on the outside of the home and sinks in the home that there is water readily available without hauling.

Rio Verde Foothills Real Estate Water Wells

There has been much debate about the volume of accessible water in the Rio Verde Foothills area.  There are some rough studies that have been performed identifying two sources of ground water in the area. A group of residents recently reviewed and updated a paper on water in the Rio Verde Foothills.  The entire document can be found here:  https://www.jeffmcdowell.me/wp-content/uploads/2017/09/13WATER.pdf

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Purchasing Real Estate in the Rio Verde Foothills

During the inspection period of purchase of real estate in the Rio Verde Foothills clear information regarding water, shared well vs. private well, produced volumes, trends of production and other items of interest should be thoroughly researched by the potential buyer.  While there is a “Well Disclosure Document“, this should not be relied upon totally by the buyer.  Your best source of information is provided by members and the manager of the “Shared Well”  if there is a shared well on the property.

If there is a “Shared Well” servicing the property research if there is active monitoring of the well production and individual household consumption.  Many disputes have arisen from perception that one party is using more water than another.  A “Shared Well Agreement” will be filed in Maricopa County Recorder’s Office.

If one does not exist…….BEWARE!…and ask for more details about why one does not exist.

Check with the well manager to see what records he or she will have regarding production including daily volume.

Note how many “Shared Well Members” exist.  Typically it  is 4 but it can be more on a good producing well.  Are there “Shared Well Members” that have not yet built a home on the property?  If so, adding new homes may tax the well to the point of non or reduced available water production.

Ask the well manager if a “Well Repair Reserve” exists and what that amount is.  Recent replacement of a pump and a few sections of pipe resulted in a cost approaching $5,000.  If a reserve is not in place, a mad scramble will be made of  the “Shared Well Members”  to contribute their prorata share before the work is authorized.  In the meantime you may have NO WATER or be paying for HAULED WATER while the pump is repaired.

Ask other home owner’s in the immediate area if they have encountered any decline in water production.  Neighbors love to talk and they can be a fairly reliable source of information.  I have seen wells within 500′ of each other produce totally different quantities of water even though being drilled to the same depth.

In the case of a private well you will have to rely on the information given you in the “Well Disclosure”.  You can also access the Arizona Department of Water Resources and by using the 55-xxxxxx number assigned by them research the information relating to the drilling of the water well.

Lastly, know that availability of water is not GUARANTEED.  Think of our water resources as a big margarita glass with a lot of straws in it.

And, utilize the services of a REALTOR that KNOWS the AREA and the water trends.  There are several in the area, myself included, that understand the areas that traditionally provide water and those areas that do not.