Real Estate Relocation Guide To Colorado

Relocating from Chicago to Colorado is a major move. You’re crossing state lines and heading 880 miles to find a new home in a different community. By familiarizing yourself with the local real estate market, whether your destination is Aspen or Denver you can get a good idea of the Colorado landscape and locate the best area for you and your family.

We’ll start with the big picture… Colorado has an estimated population of 4.7 million* and around 103,000 square miles of land. The total number of housing units is 2,095,235, of which about 1.2 million are owner-occupied and 578,000 are inhabited by renters. Roughly 248,000, or 11.8 percent, of the residences in the state are vacant. The median home value in Colorado is $232,900 and the median household income is $52,015. For an idea of how this sizes up with national averages – the median home value in the U.S. is $185,200 and the median household income is $48,451.

Statewide figures provide a good overview of Colorado, but when you’re planning to relocate to the region, knowing what types of housing are available is the most important thing. So here’s a breakdown of what Colorado real estate has to offer…

About 50,000 homes in Colorado are new construction, developed in 2005 or after (another 255,000 were put up between 2000 and 2004). Colorado has its share of vintage charm as well with 190,000 residences built prior to 1940. The total number of detached, single-family houses across the state is 1.3 million, and there’s also a good selection of multi-unit residences and condos. Most homes have 3 bedrooms, but size varies greatly depending on where you look. And, in case you’re wondering about how your budget will pan out in The Centennial State, monthly mortgage costs in [Alabama] generally hover between $700 and 2,000+.

Relocation Resources

Denver Apartment Locators
Provides a free apartment locator service for Denver, Colorado.

Find Denver Real Estate Here - Bill Kosena
Check out hot new listings, free reports, local school & community info here. Also serving Englewood, Cherry Hills, Littleton, and Arapahoe County

Breckenridge Summit County Real Estate with Kelli Bennett
Breckenridge homes for sale, as well as, many Breckenridge condos, townhomes, Land for sale and other Summit County Colorado Mountain Real Estate Properties in Frisco, Keystone, Dillon, Silverthorne COLORADO.

M. Wodehouse - Telluride Colorado Real Estate
Complete Telluride Colorado Real Estate Source! Homes, Condos

Boulder Real Estate, Denver Real Estate, Boulder County Homes For Sale - Rene Vellinga & Danna Hinz
Check out our hot new listings, interest rates, and free reports. Serving the areas of Boulder, Denver, Louisville, Lafayette, and Boulder County.

Snow Home Properties
Serving Summit County - Breckenridge

Colorado Real Estate
Find real estate listings in Breckenridge and all of Summit County Colorado. Also, find real estate companies and realtors in Summit County Colorado.

Telluride Colorado Real Estate
Luxury homes and condos from area real estate agents and brokers.

*All statistics are from the 2006 American Community Survey as shown on the U.S. Census Bureau website.
Sources: factfinder.census.gov and www.city-data.com