The University of Colorado Boulder is a major educational institution, drawing students, faculty, and researchers from around the world. The consistent influx of individuals associated with the university contributes to a strong demand for rental properties, making real estate a lucrative investment.
The state's heightened cost of living, strong demand for homes driven by its natural beauty and economic stability, limited housing supply, high real estate taxes, and above-average mortgage rates all contribute to the pricey market. Bidding wars are common, and properties move quickly.
With a median home price of $1,899,316 and a median rent of $1,948, Githens Acres is the most expensive neighborhood on our list. Based on the growth in home prices in Githens Acres over the last 3 years, it ranks No. 1 among all the neighborhoods in Boulder.
Boulder's cost of living is higher than the Denver Metro area average, due primarily to housing costs that are comparable to other high-tech, progressive and well-educated cities offering a desirable quality of life.
Buying real estate in Colorado is generally considered a good investment opportunity. Rental properties in Colorado can generate continuous passive income while also being profitable long-term investments thanks to rising home values.
Over 30 Years, a Degree at University of Colorado Boulder is Worth $1,113,000. Setting aside the time value of money, after 30 years, an undergraduate degree from University of Colorado Boulder is worth about $1,113,000 more than what it would cost you.
The Boulder housing market is somewhat competitive. Homes in Boulder receive 2 offers on average and sell in around. The median sale price of a home in Boulder was $995K last month, up 2.7% since last year. The median sale price per square foot in Boulder is $582, down 1.5% since last year.…
Today's mortgage rates in Boulder, CO are 6.279% for a 30-year fixed, 5.435% for a 15-year fixed, and 7.548% for a 5-year adjustable-rate mortgage (ARM).
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