This 3 bedroom 3 bathroom at 1030 Akin Ave is a completely updated home that offers an open floor plan, gourmet kitchen, newer appliances, gas range, granite counter tops, and cabinets. Main floor master suite and private bath. Basement family room, 3/4 bath and a study. 2 car garage with alley access, fully fenced yard, mature irrigated landscaping,1 year old furnace and AC. Close to CSU, 2 blocks from City Park, 2 blocks to the trolley and walking distance to downtown. Call Chris Guillan for your private showing at 970-310-9357 or click the link below for more details.
Today we are looking at one of the hot topics in Northern Colorado. Is the new CSU football stadium impacting real estate values in the surrounding neighborhoods?
The answer, based on the research we’ve done so far, is… yes!
Here are the details…
We looked at the residential properties in the 1-mile radius surrounding the new stadium. We pulled the sales over the last three years in that area. Then we compared that area to the market as a whole.
Let’s talk about prices first. Residential prices inside the City Limits of Fort Collins went up 11% last year and 12% the year before that. Within the stadium’s 1-mile radius, prices only went up 1% last year, but 14% the year before that. It seems that recent construction has impacted prices.
It does seem that the stadium has had an impact. We will continue to keep our eye on this trend!
*One footnote is that last year had more condominium sales than the year before which has an impact on average price.