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Rent To Own Homes in Rico, CO

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Rico, CO Foreclosures

How much do homes sell for in Rico, CO?
The average home price is currently $502,831.
In Rico, CO, how many homes are available?
There are currently 1 active home listings available in Rico.
What’s the average rental cost in Rico, CO?
The average rental price in Rico is $1,282.
What is the most expensive home in Rico?
The most expensive home sold in Rico had a price of $1,436,030.
What is currently the cheapest priced home in Rico, CO?
The cheapest home for sale in Rico is priced at $88,054.

Living in Rico, CO

Rico is a small, picturesque town located in the heart of the San Juan Mountains of Colorado. Known for its stunning scenery and outdoor recreational activities, it offers a unique blend of history and natural beauty. The area is popular for skiing, hiking, and mountain biking, making it an ideal location for nature enthusiasts.

Current Market Conditions in Rico, CO

The real estate market in Rico remains relatively stable, with demand for homes primarily driven by seasonal visitors and outdoor recreation enthusiasts. The market has seen gradual appreciation in home values as more buyers seek properties in the picturesque area for vacation homes or retirement residences.

Over the past few months, there has been a noticeable uptick in interest for properties in Rico, particularly as more people prioritize remote living in scenic environments. Investors are looking towards Rico for potential rental income opportunities given its proximity to popular attractions.

Home Value Estimator For Rico, CO

There are currently 70 real estate properties in Rico, CO, with a median automated valuation model (AVM) price of $480,553.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rico, 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 Rico, CO, is $502,831.00, with the most expensive house in Rico, CO, topping out at $1,436,030.00 and the cheapest home in Rico, CO, clocking in at $88,054.00. In other words, there’s something for every potential homebuyer or savvy investor in Rico, CO!

Rent Prices In Rico, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rico, CO, is on a rollercoaster ride. The average rent price in Rico, CO, is $1,282.00. Indeed, when looking to rent in Rico, CO, you can expect to pay as little as $660.00 or as much as $2,340.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Rico, 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.

Rico, CO Rent To Own Homes

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