Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in Simla, CO. There are 33 discounted homes for sale in Simla, CO we think you'll love.
Simla, CO, is a charming small town that provides a peaceful escape in a beautiful rural setting. It's known for its friendly community and outdoor recreational opportunities, making it ideal for families and individuals alike.
There are currently 407 real estate properties in Simla, CO, with a median automated valuation model (AVM) price of $285,835.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Simla, CO, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Simla, CO, is $344,300.00, with the most expensive house in Simla, CO, topping out at $7,269,100.00 and the cheapest home in Simla, CO, clocking in at $14,685.00. In other words, there’s something for every potential homebuyer or savvy investor in Simla, CO!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Simla, CO, is on a rollercoaster ride. The average rent price in Simla, CO, is $1,362.00. Indeed, when looking to rent in Simla, CO, you can expect to pay as little as $440.00 or as much as $2,420.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Simla, CO -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
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