What can you buy for $2,000 a month?

Phoenix

Address: 4237 N. 31st St.
Price: $499,000
Square feet: 2,478
Cost per square foot: $201

This 1950s ranch home was completely renovated and updated last year, and the results are stunning. There are four bedrooms and three baths and a kitchen to die for — stainless-steel appliances, a large island prep area, marble counter tops and subway glass backsplash. The kitchen blends into the great room with its new hardwood flooring and gas fireplace. The bathrooms are all glass and tile, and two of the bathrooms are part of master suites. Both the front and back patios are covered, too, so you can enjoy Arizona weather but not bake under Arizona sun. In the backyard are two standout features: a kidney-shaped pool and a 288-square-foot guest house (which is included in the overall square footage). In terms of size and cost per square foot, this desert residence falls right in the middle of our slide show.

See more photos of this Arizona home.

Contact: Tiffany Carlson of Realty One Group at 480-213-1105.