Vail is usually the first name that pops up when people search for the best ski areas in Colorado. Outdoor activities and an energizing environment are the highlights of the region. But there’s so much more to this city than that. Vail is a great place to consider if you are looking to live or invest in a well-developed mountain city in Colorado. Homes for sale Vail, CO generally go out fast because of the exciting lifestyle that the city offers. If you are searching for Colorado properties from a business point of view, land for sale Vail, CO can serve well for commercial use.
Vail is a home rule municipality located on the east side of Eagle County in northwestern Colorado. It was founded as a ski resort in 1962. Given the tremendous traction it gained and the subsequent rapid development in the region, it was incorporated as a town just four years later. Vail became a Home Rule Charter in 1972 as it has been continuously growing in social and economic prospects.
Vail welcomes vacationers all around the year. Currently, the city is home to over 5,400 permanent residents. The population has been increasing at a steady rate of 3% since 2010.
Vail boasts the title of the best place to live in Eagle County. Combining an alpine atmosphere with a friendly, small-town feel, this is a city that provides residents and visitors with luxury lodging, dining, shopping, and plenty of indoor and outdoor activities.
There is a range of restaurants, cafes, boutiques, and other unique shops. You can indulge in culinary delights, exotic spas, and tour the Colorado Snowsports Museum. Or head out for snowboarding, snow tubing, snowmobiling, sleigh rides, and, of course, skiing.
In other words, the city is both family-friendly and business-driven. No matter what your real estate investment goals might be, Vail is a place where you can bring them to fruition quite easily.
The median listing price of homes for sale Vail, CO is $775,000. It is significantly higher than the national average home value. But given the prime location of the properties and all the amenities that the city offers, Vail homes for sale are quite reasonably priced.
Most homes stay on the market for about 30-40 days, meaning they are hot properties as they sell fast. If the prices in the region are too high for you, you can look into nearby towns and cities that have a similar environment and facilities. Popular neighborhoods in Vail include Rancho del Lago, Santa Rita Foothills, and Four Seasons. You might also be interested in Avon, Beaver Creek, Edwards, and Silverthorne.
Vacant lots in Vail sell for an average of $165 per sq ft. Large parcels next to mountainsides are ideal for building a vacation home or even primary family home as all amenities are only a short distance away.
If you are in it for profit, you can buy a property next to the highway or the Vail ski area. Commercial setups, be it motels, cabin homes, restaurants, or sport supplies shops, can yield nice returns in Vail.
View the complete listings for homes and land for sale Vail, CO here.
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