Situated on the Rocky Mountain’s eastern incline, Colorado Springs has an attractive setting and a high-altitude continental climate with sparse precipitation. Since it’s usually sunny and clear, you’ll enjoy spectacular views of endless prairies to the east and majestic mountains to the west.
Colorado Springs was once hailed as a resort city, but it now has an emerging commercial economy and a strong military presence. The latter includes the Space Command and the U.S. Air Force Academy. Numerous software giants, venture capital firms and big data companies conduct business in the Colorado Springs area.
Residents enjoy a low unemployment rate, good wages and many recreational opportunities. Because it experiences no humidity, Colorado Springs has the ideal climate for outdoor enthusiasts. While located in proximity of Vail and Aspen, Colorado Springs lacks the intense traffic and steep costs of living that are normally associated with renowned ski resorts. Groceries, utilities and transportation costs are lower than the national average.
While the median age for homes is 31 years, construction is booming. New homes are springing up near parks, schools and cultural attractions. Properties have appreciated over 5 percent in the last decade, but the median value is quite affordable at around $225,000. This translates to approximately $130 per square foot. Home owners also benefit from property tax rates that are more than 50 percent lower than the national average.
School districts in Colorado Springs consistently rank among the best in the state. Almost 40 percent of the local public schools have GreatSchools ratings of 8 or better. The area is also home to 28 charter schools, seven of which have perfect ratings of 10. Parents can opt to send their children to any of the 31 private schools in Colorado Springs.
Colorado Springs is home to dozens of attractions. It can lay claim to one of the most visited mountains in the world, Pikes Peak, and the only zoo in the country that’s located on a mountain, Cheyenne Mountain Zoo. The Garden of the Gods, an unusual park that is home to tall red rock formations, ranks highly with visitors as well. Sports fans will love touring the Olympic training center, which functions as the headquarters of the national shooting and swimming teams.
Investor opportunity!! This home needs a lot of work, professional rehab or fix and flipper. There is a ton of potential, and the home has a ton of character! Zone R-4!! ...
Listing courtesy of House Hunters, LLC.
Beautiful remodeled home with RV parking. Features hardwood on the main level and the upper level bedrooms. Family room features a fireplace and a walk out to the backyar...
Listing courtesy of Keller Williams Premier Realty, LLC.
Wonderful Home located in widefield area which backs to parks with frisbee Gold and walking trails. Home is a 3bd 2bath home with spacious backyard and covered patio. Hom...
Listing courtesy of Keller Williams Clients Choice Realty.
Fabulous light & bright townhome in desirable Briargate. This 4 bedroom, 4 bath, 2300 sq ft home lives large. The main floor features a 2 story vaulted ceiling Great R...
Listing courtesy of COLDWELL BANKER RESIDENTIAL 28.
Inviting ranch-style home nestled in towering trees near the Olympic Center, UC Health Memorial Hospital and downtown, perfect for homeowner or investor for a rental prop...
Listing courtesy of Nicholas Scott Real Estate.
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