Buena Vista, CO is a growing community that is ideal for those seeking an investment property in the new real estate market. This charming town is located in the heart of the Rocky Mountains and offers a wide variety of outdoor activities. It’s also one of the most affordable places to live in the United States. In this blog post, we will discuss why Buena Vista is such a great option for real estate in 2023.
#1. Affordable Living
Buena Vista is one of the most affordable places to live in the United States. The median home price in Buena Vista is $302,800 – well below the national average. Low housing costs make it an attractive option for those looking to invest in real estate without breaking the bank. Additionally, there are a wide variety of rental opportunities available for those looking to capitalize on the strong rental market.
#2. Low Unemployment Rate
Buena Vista has an extremely low unemployment rate, currently sitting around 2.0-3.4%. This is well below the national average and gives buyers assurance that their investment will remain secure even in a turbulent economy. Furthermore, with a highly educated population and plenty of job opportunities, the city continues to attract new businesses and families looking to purchase homes.
#3. Low Crime Rate
One of the biggest draws for Buena Vista is its low crime rate. The city has a violent crime rate that is well below the national average and its police department consistently ranks among the highest in Colorado. The fact that the city is so safe further adds to its appeal.
These are just a few of the reasons why Buena Vista, Colorado is one of the best options for real estate in 2023. With an affordable cost of living, low unemployment rate, and low crime rate, this city is an ideal destination for those looking for Buena Vista homes for sale.