When you start looking at real estate in the Roaring Fork valley of Colorado, you have several unique locations to choose from. This article is meant to give you an idea of each of our towns.
Glenwood Springs, CO –
As a Colorado licensed real estate agent and member of the NAR (National Association of Realtors) Manwaring Properties serves the greater Roaring Fork region of Western Colorado. The service areas of Manwaring Properties range from Aspen to Rifle and everywhere in between. The real estate market in the Roaring Fork Valley is quite diverse. If you start in Aspen and head North down valley towards Glenwood Springs you will see home prices continue to decrease with each small town you pass. In between Aspen and Glenwood we have Snowmass, Old Snowmass, Basalt, El Jebel, and Carbondale. Depending on what you are looking for in a property, each of these areas offer unique options and their own little piece of history and culture.
Glenwood Springs, Colorado is a very unique mountain town. With nearly 300 days of sunshine annually, the #5 best place to live in the USA according to Outside Magazine and an incredible community, there really is nothing missing in Glenwood. Offering both public and private schools to children of all ages, Glenwood boasts a strong academic reputation. Unlike other small towns in Colorado, Glenwood Springs has a diverse economy made up of most major industries. When talking to someone who lives in Glenwood, it is very common to hear them say “we work here and we play here.” This is because Glenwood has incredible mountains, trails, rivers and recreation areas for just about any activity.
The real estate market in Glenwood Springs is fairly diverse but recent sales are trending upwards which reminds all of us realtors of the old rules of supply and demand. The combination of upward trending sales, low inventory and low interest rates make for a very competitive real estate market regardless of what you are looking for in Glenwood Springs. As a buyer looking for a condo or townhouse you should expect to start around the $200,000 mark in Glenwood Springs and for single family residences, one should expect prices to start in the low $300’s.
New Castle, CO –
One of the fastest growing towns on the Western Slope of Colorado is New Castle. New Castle is home to a small community that is only about 10 minutes from Glenwood Springs and 45 minutes to Vail. Results are still coming in on why everyone loves New Castle so much but things like a world class golf course, affordable real estate, a strong school system and weather that in second to none are at the top of the list. Whether you are visiting or live in New Castle year round, you should certainly take advantage of the beautiful rivers, golf course, recreation trails and local shops/restaurants. If you are looking for a place to settle in Colorado, New Castle is a “must see.”
The New Castle real estate market has recently caught fire. With surrounding towns (Carbondale and Glenwood Springs) continuing to see home prices rise and inventory fall, New Castle is becoming a more attractive option for more and more people. If you are shopping for a condo or townhouse you can expect to find prices starting in the high $100’s and single family homes are available for under $300,000. There are several lots available for people looking to build their dream home or spec property and so this has also become a real estate investors market to some extent as well. It seems like homeowners you talk to about real estate in New Castle always say the same thing…. “We are so glad we purchased property here!”
Rifle, CO –
Just an old oil and gas town loaded with Good Ol’ Boys. Until recently that was the stereotype of Rifle, Colorado. Although the oil and gas industry is still prevalent in Rifle, we have seen some diversity really start to unfold recently among the residents of Rifle. With the growing population on the Western Slope of Colorado, people are re-locating up valley from Grand Junction to Rifle and down valley from Glenwood Springs, Silt and New Castle to Rifle. Rifle is starting to catch up to surrounding towns in terms of amenities and community and we are definitely seeing that among the real estate market.
The Rifle real estate market provides an opportunity unlike any other town between Vail and Grand Junction. If you are shopping for a condo or townhouse, you can expect to find nice property in the $100’s and single family home start just around $200,000 in Rifle. The Rifle real estate market is also becoming appealing to families and teachers because of the school districts committment to the community and the new hospital that is being built. When the new hospital is completed, it is expected that world class doctors from around the world will try to re-locate to Rifle and this will also impact the real estate market.