Colorado - Real Estate
Move to Colorado
Famous for its Rocky Mountains, Colorado is a great place to live if you’re an outdoor enthusiast looking for a home surrounded by breathtaking views and close-knit communities. Towering mountain ranges, rushing rivers and bountiful natural wonders gives way to a spectacular backdrop to wake up to each and every day. It’s this majestic scenery, the year-round array of activities and a thriving economy that fuels the great number of families and individuals choosing to move to Colorado each year.
Whether it’s urban living in Denver or resort-style in Aspen, home options include everything from spectacular mountain homes, to luxury estate houses, to modern single-family homes and trendy condominiums. Whether they’re living in the bigger metropolitan areas or settled in one of the smaller cities or mountain communities, homeowners in Colorado are seeing a rise in property value, rising at a faster pace than the rest of the nation. The median home price statewide in Colorado is around $223,300, whereas the nation is at about $167,500. The median housing price in Denver is around $229,000. High property values are met with steady job growth and a healthy average annual household income. Over the last ten years, Colorado has developed one of the most diversified economies in the United States. The main source of economy comes from scientific research and high-technology industries, as well as Denver’s financial center.
Families considering relocating to Colorado embrace communities rich in family values and school systems that consistently exceed national standards. School performance in Colorado is strong with 88.7% of residents over the age of 25 attaining a high school diploma, one of the best ratings for high school graduation in the country. The state has a host of higher learning opportunities with 28 public and 48 private institutions of higher education.
With career opportunities abound, a growing population and positive national attention on the rise, Denver is becoming a popular relocation destination. In addition to great museums, thriving neighborhoods, an array of real estate and homes, a flourishing arts scene and an ethnically diverse population, Denver boasts a happening downtown full of restaurants, shopping, galleries and cultural activities.
People moving to Colorado should expect mild, dry summers with an average temperature of 59 degrees and a winter season that is very cold and wet, with an average temperature of 28 degrees and March and April being the snowiest months. The location of mountain ranges and surrounding valleys affect local climate greatly. As a general rule, with an increase in elevation comes a decrease in temperature and an increase in precipitation. To much surprise, most Denver residents do experience up to 300 days of sunshine every year.
National forests occupy 20% of the state’s land area making outdoor activities the hobby of choice for most who call Colorado home. Famous for its world-class ski resorts, Colorado will keep you busy summer and winter with camping, hiking, snowshoeing, fishing, golf, tennis, boating, cross-country skiing, snowmobiling and much more.
To learn more about specific communities in Colorado, request a Free Relocation Packet prepared by a HomeRoute Preferred - local community expert. This exclusive guide will be customized to your specific home search and help you prepare for your upcoming move to Colorado.
Information provided courtesy of HomeRoute.