Top 5 Emerging Neighborhoods to Invest in Around Grand Junction
Are you considering real estate investments in the Grand Junction area? This is a topic I am extremely passionate about. I started investing in my early 20s and haven’t stopped! It’s where I’ve been able to grow my net worth and create a financial plan that will allow me to retire comfortably in the future. If you’re wanting to get into investing or looking to add more homes to your portfolio, here are some neighborhoods in Grand Junction I recommend taking a closer look at.
These areas are gaining traction for a multitude of reasons, making them not only excellent places to live but also promising avenues for long-term growth.
1. Redlands Mesa
Redlands Mesa combines luxury living with a serene backdrop of natural beauty. This neighborhood features upscale homes, many of which offer breathtaking views of the Colorado National Monument. The allure of Redlands Mesa lies in its exclusivity, proximity to hiking and biking trails, and a golf course that attracts enthusiasts from all over. While not for the first-time investor, this upscale area offers long-term appreciation at a higher price point.
2. Downtown Grand Junction
The heart of any city is often a focal point for revitalization, and Downtown Grand Junction is no exception. In recent years, this area has experienced a resurgence in popularity as more people are drawn to the vibrant city life combined with a touch of historic charm. The revitalization efforts, including improved infrastructure and the creation of cultural spaces, have breathed new life into the downtown core.
3. Orchard Mesa
Orchard Mesa's idyllic charm and natural beauty are huge selling points for future homeowners and investors. Nestled against the backdrop of the Grand Mesa and Colorado River, this area boasts stunning views, open spaces, and outdoor recreational opportunities. Its proximity to local wineries, farmers' markets, and the vibrant downtown scene also adds to its allure. As more individuals recognize the appeal of a balanced lifestyle, Orchard Mesa's real estate value is expected to experience steady growth.
4. Fruita
Fruita has evolved from a hidden gem to a destination of choice for many. Its small-town charm, vibrant downtown, and proximity to outdoor recreation have led to a surge in popularity. As Fruita's reputation grows, so does its potential for investment returns. With a diverse range of properties, from historic homes to modern developments, Fruita offers options for various investment strategies.
5. Clifton
Clifton is undergoing a transformation that's catching the eye of both investors and homebuyers. With its affordability compared to some neighboring areas, Clifton offers potential for value appreciation. The local government's focus on revitalization and community development is breathing new life into this neighborhood. For investors looking for an area with growth potential, Clifton is the place to be.
Investing in real estate is a strategic venture that requires careful consideration. I would love to share my resources and tips with you if you’re thinking about investing in the Western Slope area of Colorado. From property management companies to pointing out potential red flags, I have decades of experience to help you make smart decisions when it comes to long and short-term rentals. Contact me today to get started!
