When deciding to invest in real estate, your final decision is often based on a blend of logic and emotions. You don't want your investment to depreciate, but you also want to select a house that you can make into a home. Investing in Casper, Wyoming real estate can help you achieve both of these objectives.
Even though much of the nation experienced decreased or stagnant real estate values due to the housing market crisis, this was not the case for Casper, Wyoming real estate. Wyoming has experienced a notable rise in real estate values, but real estate in Casper has risen faster than average. Since 1990, Casper, Wyoming real estate has risen 210.15%, a figure that works out to an average annual appreciation rate of 4.63%.
Though it is the second largest town in Wyoming, Casper has a small town feel. A 2010 study by Forbes Magazine ranked Casper as the 8th best small city to raise a family. Living in a desirable, family friendly area is a simple way to help ensure that the value of your investment continues to appreciate.
Don't let Casper's small town atmosphere deceive you; there is still plenty to do in this charming little city. Skiing, ice skating, hockey, hiking and golfing are all readily available activities. Casper's natural beauty also makes all manner of outdoor activities a top choice for its residents. And, the bustling recreational center, museum and events center, makes sure that entertainment abounds all year long.
Investing in a home is a significant financial decision. But, you can take solace in the knowledge that Casper, Wyoming real estate has experienced steady appreciation for the past 25 years. Casper's small town feel, natural beauty and ample opportunities for recreation encourage property values to continue to rise and ensure the happiness of its citizens.