5 Things You Need to Know Before Buying a Home in Fort Collins
Kevin Dwyer 9/16/19
As a part of Beyond the Oval’s mission statement: “Fort Collins is two places at once. A permanent home where families have or create roots. A launch pad to send students around the world.” For those seeking to plant their roots in Fort Collins, here are some things you should consider:
1) The housing market is safe. The combined stability of being a tech hub, a college town, and an alcohol industry town makes Fort Collins the number one most stable town to buy a house, according to Realtor.com.
2) The average price of a home here is $420,000 and increasing. There is a wide range of home prices depending on the location, and they can be in excess of $1 million in close proximity to Old Town. The price of homes may sound expensive, but it is a modest price point when compared with Boulder or Denver.
3) The tax rate is relatively low compared to other cities such as Boulder and Denver. Also, Colorado has much lower property tax rates compared with the rest of the country. When considering a forever home, this is an important plus for the home buyer.
4) Fort Collins is very event friendly. Events are a great part about living here, but in the summer you may get tired of revelers coming too close to your front yard depending on your street. Events like Taste of Fort Collins, New West Fest, and Tour de Fat draw large crowds from across the state and even nationally.
5) Housing close to campus commands a steep premium. Depending on your reason for buying a house, this can be a pro or a con, but students and faculty have a sky-high demand for places they can live and bike or walk to campus.
