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All About Cheyenne, Wyoming, Real Estate

Owning a piece of land is important to many people. The good news is that there is still plenty of undeveloped acreage for sale at affordable prices in the United States, and the Cheyenne Wyoming real estatemarket is where you will find some of the best value for your money.

About Cheyenne Wyoming

Cheyenne is the state capital of Wyoming. Even though it is the largest city in the state, it is still a small town compared to other metropolitan centers in the United States. It has a stable economy supported by the state government, an air force base, and the energy industry. Folks that move to the area from other urban centers enjoy the change of pace from big city life without sacrificing the conveniences they are used to. It has plenty of character. Its cowboy reputation is reinforced every year with the annual Frontier Days festival. The crime rate is low, and traffic congestion is almost unheard of.

Investing in Land

You will find some of the best real estate in Wyoming nearby. In addition to affordable single family homes in the city, large tracks of open land are still available throughout the state. Parcels located close to Cheyenne are the perfect places for those who want to embrace the quiet rural lifestyle without giving up all of the amenities they enjoy in town. Open land is versatile and can be developed or subdivided to your liking.

Property Value Trends

Wyoming real estate values have held steady throughout the most recent economic downturn in the United States, and prices are expected to continue to rise. Experts attribute this trend to low mortgage interest rates and the stable business environment. Wyoming also has a reputation for being very tax-friendly. Residents enjoy low property tax and are not required to pay any state income tax. The statewide sales tax is merely three percent.

Wyoming is one of the few places where open acreage is still available, but it won’t last forever. The beautiful, natural environment and stable economy make a real estate investment in Wyoming an attractive option. Call 877-468-9802 today to learn more about the real estate available from The Brooks Companies, a real estate developer with over 40 years experience in the industry.