Nestled between Fort Collins and the vibrant City of Denver, Longmont is teeming with real estate investment opportunities. With a historic downtown, good employment opportunities, crafting breweries, a variety of dining options and outdoor recreation, Longmont has plenty to offer.
Recognized as “one of the best places to live,”the city gives many reasons why it’s a smart move investing in Longmont.
Thriving job opportunities
The low cost of living and high quality of life has attracted many people in tech companies to make Longmont their home for both themselves and their companies. Job opportunities at Seagate, Micron Technology and other tech startups means the city is flourishing. The city is also a hub for professionals, service providers, as well as sales and office workers. This has fuelled a steady increase in the population of the area with an estimated 7.6% increase since 2010.
A well-educated city
42.91% of adults in Longmont have at least a bachelor’s degree, that’s double the national average and is an indication of the aspirant quality Longmont possesses. To support burgeoning wealth creation, there are many fine educational institutions like Colorado Schools of Mines, University of Colorado Boulder and Colorado State University that serve the area.
The voluntary accreditation program for aviation educators, Master Instructor Continuing Education Program (MICEP) , can also be found in Longmont.
Income Level
With a population of 98,000, the household median in Longmont is $91,000. This is considered an upper middle income relative to the rest of Colorado and compares very favorably compared nationally.
Crafted Breweries, Restaurants and more
The city is known for crafting breweries. Oskar Blues Brewery,Grossen Bart Brewery, the Wibby Brewing company, the Left Hand Brewery, and Longmont Brewhop Trolley are just some of the popular breweries in town.
There is also an eclectic variety of dining options from casual, high-end to artisan attracting both locals and tourists.
Outdoor Recreation
Named after Longs Peak mountain, living and working in Longmont gives you access to its great outdoors. This is a strong pull for many to invest in real estate in this city. Longmont is a short drive from the impressive Rocky Mountain National Park. It is even closer to the foothills which are wonderful for hiking and mountain biking.
If you like boating, kayaking, stand-up paddleboarding, fishing and camping, the Union Reservoir Nature Area provides 736 acres of outdoor enjoyment.
Hot housing market
With its attractions, quality of life and tremendous economic opportunities, it’s no surprise the housing market in Longmont is red-hot. With median sales prices at an average of $515,000, many homes are getting multiple offers. Because of the demand, buyers are even willing to waive contingencies.
Home appreciation in Longmont is up 17.7%. Longmont is a profitable property investment option especially if you’re looking for homes with an eye to flipping for profit.
Trust the Noel & Martinez Team to provide you with valuable local information in choosing the best real estate investment in Longmont and other areas in Colorado.Contact our team by clicking here!
