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Rent To Own Homes in Drake, CO

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Drake, CO Foreclosures

How much do homes sell for in Drake, CO?
The average home price is currently $476,739.
In Drake, CO, how many homes are available?
There are currently 3 active home listings available in Drake.
What’s the average rental cost in Drake, CO?
The average rental price in Drake is $1,460.
What is the most expensive home in Drake?
The most expensive home sold in Drake had a price of $4,783,900.
What is currently the cheapest priced home in Drake, CO?
The cheapest home for sale in Drake is priced at $24,390.

Living in Drake, CO

Drake, Colorado, is a small yet vibrant mountain community known for its stunning natural beauty and outdoor recreational activities. Nestled near the Cache la Poudre River, this area offers residents a peaceful lifestyle with ease of access to nearby national parks. With a friendly atmosphere and a variety of activities, Drake is a perfect choice for nature lovers looking for a tranquil escape.

Current Market Conditions in Drake, CO

The real estate market in Drake is currently experiencing a steady increase in demand, largely due to its appealing natural surroundings and accessibility to recreational activities. While small, the market is competitive, with a range of properties available from quaint cabins to larger homes.

Interest in vacation homes has surged, leading to developers looking to expand housing options. As more people discover the beauty of the foothills, the potential for vacation rentals and seasonal residences is encouraging investment in the area.

Home Value Estimator For Drake, CO

There are currently 768 real estate properties in Drake, CO, with a median automated valuation model (AVM) price of $443,250.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Drake, 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 Drake, CO, is $476,739.00, with the most expensive house in Drake, CO, topping out at $4,783,900.00 and the cheapest home in Drake, CO, clocking in at $24,390.00. In other words, there’s something for every potential homebuyer or savvy investor in Drake, CO!

Rent Prices In Drake, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Drake, CO, is on a rollercoaster ride. The average rent price in Drake, CO, is $1,460.00. Indeed, when looking to rent in Drake, CO, you can expect to pay as little as $620.00 or as much as $3,460.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Drake, 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.

Drake, CO Rent To Own Homes

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