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Foreclosures in Genoa, CO

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Living in Genoa, CO

Genoa, Colorado is a serene, small town that boasts a friendly community and beautiful natural landscapes. With a focus on agricultural living, the town provides a unique investment opportunity for those interested in rural properties. Residents enjoy a variety of outdoor activities and easy access to nearby amenities.

Current Market Conditions in Genoa, CO

The real estate market in Genoa is characterized by affordable property prices and a steady demand for rural living. Investors can expect a favorable market trend as more people seek quieter lifestyles away from urban centers. The area's low population density can be attractive to those looking for spacious homes or land.

Growth in home prices has been modest, but the potential for appreciation exists as the interest in rural areas continues to rise. Investors should keep an eye on developments while recognizing that properties in Genoa may provide good long-term returns, particularly if marketed to buyers seeking tranquility and a slower pace of life.

Home Value Estimator For Genoa, CO

There are currently 122 real estate properties in Genoa, CO, with a median automated valuation model (AVM) price of $209,775.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Genoa, 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 Genoa, CO, is $297,837.00, with the most expensive house in Genoa, CO, topping out at $3,713,300.00 and the cheapest home in Genoa, CO, clocking in at $18,378.00. In other words, there’s something for every potential homebuyer or savvy investor in Genoa, CO!

Rent Prices In Genoa, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Genoa, CO, is on a rollercoaster ride. The average rent price in Genoa, CO, is $1,118.00. Indeed, when looking to rent in Genoa, CO, you can expect to pay as little as $550.00 or as much as $2,560.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Genoa, 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.

Genoa, CO Foreclosures


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