In each of the last five years, SmartAsset has sifted through 25 years of data to identify the housing markets that represent the best investment value in the U.S. Boulder once again took the #1 spot while two other Colorado metros rounded out the top ten. Some highlights:
Boulder
Ranked #1 in this study for the fifth year in a row, Boulder shows consistently strong performance. It has seen a 268 percent increase in housing value since 1994, the fourth-highest percentage of any metro area in the study and fifth-highest in the study overall. It also has a zero percent chance of a home losing at least 5 percent of its value in the 10 years after purchase. According to SmartAsset, “For those looking to invest in real estate, Boulder is a safe bet and is one of the best states in the country for homeowners.”
Fort Collins
Ranked #4, Fort Collins has seen 245 percent growth in home values from 1994 through 2018. Fort Collins homeowners have a 2 percent chance of seeing their home decrease at least 5 percent in value within the first 10 years of purchase.
Denver metro
The Denver-Aurora-Lakewood metro area moved up one spot to #8 overall in this year’s study. The average metro home has grown 279 percent in value over the past 25 years. That’s the third-highest rate in the top 10 as well as the third-highest rate out of all 358 metro areas in the entire study. However, homeowners here have a 17 percent chance of seeing their home decrease at least 5 percent in value within the first 10 years of purchase.
For investors, it’s interesting to note that a neighbor to the north has earned the #10 spot for the second year in have grown by 170 percent over the past 25 years, and SmartAsset says there’s zero percent chance of the average home losing at least 5 percent of its value within 10 years of purchase.
