A Description of Boulder Colorado Real Estate and the Surrounding Cities

A Description of Real Estate in Boulder Colorado and The Surrounding Area

The beautiful city of Boulder Colorado, located approximately 45 minutes Southwest of Fort Collins, and a half an hour Northwest of Denver, is a fantastic place to make a home. Right next to the Rocky Mountains in Colorado, Boulder has a good deal to offer residents. Real estate in Boulder Colorado often is the most costly in the area, but with good reason. For one; it is just about impossible to construct any new housing in the city of Boulder due to a moratorium on new home development. The limitation on supply has simply made demand increase (and has caused prices to go up right along with that high demand.) Unlike surrounding communities (which we'll describe below), the city of Boulder Colorado has top rated schools, the most recreation facilities (4 city owned, and dozens of privately owned facilities), a high employment rate, the largest trail system, and of course -- "The Flatirons" in Chataqua Park. The Flatirons can be seen for miles, are used by several thousands of residents and visitors a year, and are recognizable across the globe as a landmark of Colorado.

Boulder's population is a little more than 100,000, and prices for real estate in Boulder Colorado begin at about $125,000 for a starter 1-bedroom condominium. The going rate for single family homes start at about $250,000, and that probably will get you a 3 bedroom, 900 square foot home. When you get closer to downtown Boulder, home costs tend to be higher.

With a population of about 70,000, Longmont is the second largest city in Boulder County. Longmont CO is located just about fifteen to twenty five minutes Northwest of Boulder via hwy 119 (sometimes known as The Diagonal). Different from other cities in Boulder County that are intertwined with Boulder, a lot of people in Longmont like to think of themselves as a lot more independent from Boulder. Longmont has great shopping, major employers, a transportation system, and has an old town and a new section of town. Longmont has beautiful Victorian charmers, as well as stylish new home communities. On average, Longmont CO home prices tend to be 20 to 35 percent less expensive than Boulder prices. Prices depend largely on what section of town that houses are in.

Niwot Colorado is another city that is just Northwest of Boulder. Although Niwot is beginning to expand and seeing more custom, and semi-custom home development, it is largely considered a bedroom community of Boulder. Real estate in Niwot CO is fairly limited, and the average price of a house fluctuates a great deal. Average house prices are so fluctuant primarily due to the fact that at any time, there are probably only about fifty to seventy homes that are available for sale. With so few homes available, two to three sales on one side or the other of the price scale can drastically alter the average home price for that particular month. (A lot of cities and towns are going to have several hundred, if not several thousand houses that are for sale, and average house prices are a great deal more steady than when there's only a few dozen homes that are for sale - such as with Niwot Colorado.) Overall, Niwot is a really attractive small town that is just about as close to Boulder as possible without actually living in Boulder itself.

Just about 15 or 20 minutes East of Boulder through Baseline Rd, South Boulder Rd, or Arapahoe Road -- is Lafayette, Colorado. Lafayette is one of the fastest growing areas in Boulder County, with Indian Peaks being the biggest part of that development. Lafayette CO real estate prices are frequently as much as 35% lower than Boulder prices. Additionally with getting a bigger home for the money in Lafayette, residents in Lafayette appreciate the ambiance of a small town with draws such as fascinating antique shops, family operated businesses, fast access to I-25, and of course, the Indian Peaks Golf Course - one of the most handsome public courses in the community.

If you are considering residing in the city of Boulder Colorado, but aren't thrilled with Boulder home prices, Louisville is only about ten or fifteen minutes East of Boulder. There are four easy routes allowing access to Boulder from Louisville; South Boulder Road, Baseline Road, Arapahoe Road, and Highway 36. Additionally with easy access via car, Boulder County has a wonderful transportation system, and there are multiple city bus routes that go into town if you'd rather not drive. Real estate in Louisville Colorado is on average up to 30% less expensive than house prices in Boulder. Though the starting price for a town home or condo in Louisville is similar to Boulder's, you get more for your money. It's the same with single family houses. A starter home in Louisville will usually sell for approximately $250,000, but rather than a 900 square foot house without a garage, you'd probably get 1000 to 1200 square feet and a one or even two car garage. Louisville isn't only a suburb to Boulder either. Really, a lot of people who live in Boulder often come to Louisville for the wonderful amenities the city has, including a movie theater, shopping at Costco or Target, or one of the delicious small town diners.

For specific details or current market statistics on any of the communities that we've talked about in this article, or for details on other communities in the area, visit www.BenchmarkRealtyLLC.com or contact your Benchmark Realty agent.

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J Mcdonald is a content writer for www.benchmarkrealtyllc.com that writes about just how to get only the very best real estate in Colorado. Find information on Boulder home prices additionally with information on the community and surrounding area in Boulder County.

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