Colorado is a big and beautiful state. Just the thought of its natural beauty brings to mind visions of cozy mountain living spaces and ample time for outdoor adventures. Colorado has something for everyone, making Colorado land for sale that much more appealing.
Bustling college towns such as Boulder and Fort Collins bring young energy to the state through their art endeavors and their nightlife. The major U.S. city of Denver brings people from all over to watch sports games in their three major sports stadiums, as well as bringing touring artists from all over to play on some of the best stages in the country. Yet, if you’d rather just get away from it all and buy land somewhere where you can’t even see your neighbor, that’s an option too.
How Much Does an Acre of Land in Colorado Cost?
Colorado is a vast state, and much of it is still scarcely developed. In these areas, you may be able to buy an acre of land for under $2,000. However, in more highly populated areas such as cities along the Front Range, the price of land can be well over $100,000. Keep in mind that even though some areas might be relatively cheap, it can still be expensive to access necessities such as power, water, and sewer depending on how far away from everything the land ends up being.
So although cheap land certainly does exist in Colorado, the end result might require you to spend a lot more money than you anticipated, so be sure to ask all of your burning questions before you start the purchasing process.
What is the 35 Acre Rule in Colorado?
The 35 Acre Rule ensures that there must be an approval process when subdividing agricultural or rural land that creates plots of less than 35 acres. Failure to go through the correct process can have disastrous consequences, including being barred from building upon that land at all or getting essential utilities to the plot of land.
So if you’re planning on dividing a piece of land for estate planning purposes or planning to sell only part of your land, you’re better off making sure that each part of the land is over 35 acres or making a request to have an exemption before doing anything. Because the law can be fairly strict and the requirements may vary between counties, you’re best off contacting a lawyer to go over your options and see if you’re a candidate for an exemption from the 35 Acre Rule.
Is It a Good Idea to Buy Land in Colorado?
However, there are some things to consider when you’re thinking of buying land in Colorado.
For one, the winters can be harsh, especially if you’re planning on buying land in a more mountainous region. Because of this, road closures are common, and it can create long detours to certain destinations during the winter. Plus, because much of Colorado is relatively rural, you’ll want to check how close it is to any major cities. Some areas of the state might require a few hours of travel just to see another person.
Why is Land so Cheap in San Luis, Colorado?
The land is cheap because there is not much demand to live in San Luis Valley. The area is not very populated, and the crime rates in the area are higher than average. Not to mention the area does not have ample access to electricity, water, or a sewage system because it is so far away from any cities. While the land can be so cheap that buying a plot of land might seem like a steal, the reality of the situation is much starker. Remember, if a deal seems too good to be true, it probably is.
No matter where you plan to buy land or property for sale in Colorado, you must do your due diligence and find out all relevant information before making a commitment, otherwise, you might be in for a wake up call.
Why is Land in Colorado So Expensive?
Much of the reason land in Colorado is so expensive is due to strict zoning laws, which means there isn’t necessarily as much supply as there is demand, especially in densely populated areas. Plus, many people are attracted to Colorado for its natural beauty, stunning views, recreational opportunities, and abundant wildlife, so it isn’t a shock that people desire to flock to the state in droves. In addition, Colorado has a higher cost of living than the national average, which impacts the cost of land and commercial property for sale.
However, it’s worth noting that property tax in Colorado is lower than the national average, which could save you lots of money in the long run in comparison to other states.
Where Should I Look for Colorado Land for Sale?
While there are many places online where you can browse Colorado land and commercial property for sale, we believe that Nestfully is one of the best places to look. Our website design is simple and uncluttered to avoid jarring advertisements and unnecessary information inhibiting your buying experience.
So when you’re looking for Colorado real estate, it just makes sense to use Nestfully to examine your options. Try Nestfully today!
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