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Rent To Own Homes in Ridgway, CO

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Ridgway, CO Foreclosures

How much do homes sell for in Ridgway, CO?
The average home price is currently $1,098,975.
In Ridgway, CO, how many homes are available?
There are currently 15 active home listings available in Ridgway.
What’s the average rental cost in Ridgway, CO?
The average rental price in Ridgway is $2,201.
What is the most expensive home in Ridgway?
The most expensive home sold in Ridgway had a price of $19,038,000.
What is currently the cheapest priced home in Ridgway, CO?
The cheapest home for sale in Ridgway is priced at $26,608.

Living in Ridgway, CO

Ridgway, Colorado, known for its stunning landscapes and vibrant arts scene, is a charming town nestled in the heart of the San Juan Mountains. With breathtaking views, an abundance of outdoor activities, and a friendly community, it's an ideal location for those seeking both adventure and tranquility. Residents enjoy a slower pace of life while being just a short drive from more bustling areas, making Ridgway a perfect blend of serenity and accessibility.

Current Market Conditions in Ridgway, CO

The Ridgway real estate market has shown resilient growth over the past year, with increasing demand for homes as more people are drawn to the area's natural beauty and outdoor lifestyle. Inventory levels have tightened, leading to competitive bidding situations for many properties, which in turn has resulted in rising prices.

In addition to the steady price appreciation, there has been a noticeable increase in the number of second-home buyers seeking vacation retreats in the area. This trend signifies a growing appreciation for Ridgway as a desirable living destination, leading many to compete for limited properties.

Home Value Estimator For Ridgway, CO

There are currently 1,726 real estate properties in Ridgway, CO, with a median automated valuation model (AVM) price of $923,094.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ridgway, 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 Ridgway, CO, is $1,098,975.00, with the most expensive house in Ridgway, CO, topping out at $19,038,000.00 and the cheapest home in Ridgway, CO, clocking in at $26,608.00. In other words, there’s something for every potential homebuyer or savvy investor in Ridgway, CO!

Rent Prices In Ridgway, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ridgway, CO, is on a rollercoaster ride. The average rent price in Ridgway, CO, is $2,201.00. Indeed, when looking to rent in Ridgway, CO, you can expect to pay as little as $710.00 or as much as $4,300.00, with the average rent median estimated to be $2,160.00. The good news is that finding an affordable and desirable property to rent in Ridgway, 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.

Ridgway, CO Rent To Own Homes

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