Investing In Boulder Real Estate May Earn CU Parents An A+ In Personal Finance

The University of Colorado located in Boulder is truly the Flagship University of the State of Colorado and offers a dynamic community of scholars and one of the most spectacular college campuses. CU has blossomed in size and quality since opening its first Boulder classroom in 1877 and students from all over the globe attend the University of Colorado for their strong programs in the sciences, engineering, business, law, arts, humanities, education, and music.

Parents considering sending students to reside in Boulder, CO to attend CU have several options when choosing housing. With rising tuition rates, investing in Boulder real estate makes sense financially when considering the costs associated with attending college in Boulder. Purchasing a Boulder condominium or townhome and renting the vacant bedrooms can equalize the cost of the mortgage, while creating a long standing investment that is much more secure than the stock market.

The Boulder real estate market it one of the strongest in the nation and condo’s start at just over $150,000 for multiple bedroom units within walking distance to campus. The rental market in Boulder is in extremely high demand with new construction limitations keeping the housing market strong and stable. Annual property taxes in Boulder are quite reasonable, at only .55% of the property value. Parents of University of Colorado students can also receive welcome tax benefits and may possible be able to classify a Boulder condo or loft as a second home.

With current mortgage rates below 3.5%, owning Boulder real estate is not significantly more than renting. Parents of CU students can also benefit from peace of mind knowing their college student resides in a safe location without the possibility of being forced to relocate from one rental to another. For those hoping to purchase Boulder real estate for their University of Colorado student from out of state, Armstrong Real Estate agents are available to pick up and show students properties at their convenience. The buying process can be closed in a paperless, electronic transaction that does not require parents to travel to Boulder for the closing. Contact an Armstrong Real Estate agent today to see available Boulder real estate ideal for your CU collegiate.

Home for Sale in boulder, Colorado