I love the Phoenix area, but I would not expect any big gains there. There is so much space to develop, both virgin and infill/teardown. Any newly developed suburban area with 350k+ houses there is going have good schools, that does not make Chandler unique. And in 15 years you’re competing with a lot of brand new places with the latest smart home cool features fully built in.
With the area’s excellent and mostly new and wide highway system, and general decentralization, living far away isn’t a big deal.
To look at it another way, the Dallas metro area is much larger, fairly well off (until the oil bust), and also has lots of wide open spaces. Even with its huge population, prices are pretty low there. Check out what 550k gets you in Plano:
