Ashley McMurray, Hayden Economic Development Commission Chair/Town of Hayden
The demand for affordable housing – particularly single family homes – in Routt County and the state of Colorado is on the rise.
As Colorado’s population grows faster than any other state, adding 77,000 new residents just last year, its affordable housing market correspondingly shrinks. In some Mountain cities, like Steamboat Springs where ‘entry level’ homes are $600K, purchasing a home can be unattainable for many working middle-class families.
The Town of Hayden offers a promising and unique opportunity for these families, and even business, who are looking to purchase a home – not a small condo – for their family, to enjoy the benefits of a yard and room to grow, without being so strapped – that is, “house-poor,” as some call it – that they cannot maximize their quality of life.
Currently, three-bedroom, two-bath homes that are brand new construction, in Hayden average $290,000 (ranging from $280,000 to $310,000) and single family developable lots start at $40,000. This is of course in stark comparison to lots and homes in Steamboat Springs, just 20 miles down the road, that start at $250,000 for lots and $650,000 for homes on the very lowest end. (All of this information was pulled from Realtor.com as of 02-16-2018.)
In an effort to attract family buyers seeking quality of life and more affordable housing, while still being able to enjoy all that Steamboat and the Yampa Valley have to offer, the Town of Hayden has recently undergone a shift in marketing and messaging strategy aimed at promoting their Town’s housing opportunities and opportunities for development. More information can be found at haydencolorado.com.
“Hayden, Heart of the Yampa Valley”