Now take a look at Northern Colorado’s front range. Still lots of space, right? Well, yes and no.
It’s true that there’s still farm land, and that it does get sold to make room for housing. But the companies who are buying that land can make considerably more by parcelling it out in less-than-quarter-acre plots and building houses right next to each other. That’s not the house you want.
That’s why it’s important to keep your eye open for land that doesn’t come up that often…the property that’s “too-small-for-a-farm” but “whoa-look-at-all-that-land-surrounding-that-one-house.” This is the kind of property, let’s say between 3 and 15 acres, that can truly be investment real estate here in Colorado.
This kind of acreage often comes from farms that have been sold off all around it, leaving a sizable parcel that’s just right for those who want space in a convenient location. The house may already be on it, but it’s probably not what you’re looking for. Buy the property, raze the house, and build the luxury home you’ve always wanted.
Just like every piece of investment advice, we can’t guarantee that your investment will go up in value. And as good a blog as this is (thank you!), there are many other factors to consider before investing. But what we can tell you is that Colorado is a hot market and that it continues to draw people from across the country. Think a luxury home in Colorado might be the right choice for you? Contact us today.