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May 11, 2023Are you looking to buy a property in Montana? Kalispell should be at the top of your list!
Kalispell has plenty to offer whether you’re looking for a permanent home or an investment opportunity. This growing community in the Flathead Valley offers a rare mix of natural beauty, economic potential, and an exceptional quality of life. Read on to discover why Kalispell is the perfect place to buy your next property.
4 Reasons Why Kalispell is the Perfect Place to Buy a Property in Montana
Strong Real Estate Market
Kalispell’s real estate market is robust, with rising property values and increasing demand for rental properties.
The median home price in Kalispell is $538,500, an increase of 26.71% over the past year.
When renting in Kalispell, the monthly price ranges from $1,050 to $1,650 in 2023. For instance, the average rent for a studio apartment in Kalispell is $1,050 per month. In contrast, a one-bedroom apartment has an average rent of $1,250 per month. For a two-bedroom apartment, the average rent is $1,650 per month.
That could make it an attractive location for those looking to invest in rental properties or generate passive income through real estate investments.
An Abundance of Outdoor Recreation
Kalispell offers many outdoor recreational opportunities, such as hiking, fishing, skiing, golfing, and visiting national parks and lakes.
In 2021, Outside Magazine named Kalispell one of the “Best Towns” in the United States, citing its proximity to Glacier National Park. The area’s natural beauty and outdoor recreation opportunities could increase the appeal and resale value of a property in this area.
Diverse Economy and Economic Growth
Kalispell is more than just a pristine mountain town with scenic views. It’s also a thriving economic hub that offers diverse job opportunities across multiple industries.
The healthcare industry has seen a 180 percent growth since 1990 and is now the county’s largest employer. Economists predict a 21 percent increase in employment opportunities in the next decade.
Kalispell also boasts a strong manufacturing and technology sector, a thriving tourism industry, and a growing regional airport with access to 11 national hubs.
With these factors in play, Kalispell is a great place to consider buying property for personal or investment purposes.
High Quality of Life
Kalispell and the surrounding Flathead Valley are known for their outstanding quality of life.
The city and the valley have received multiple state and national awards. These include being recognized as one of the 25 Best Places to Retire by CNN Money in 2012. Kalispell was also listed as one of the top 10 towns for young families in Montana by NerdWallet Finance in the same year.
Niche.com also ranks Kalispell #3 in Best Places to Raise a Family in Flathead County.
Ready to own your Kalispell home?
Come and discover what makes Kalispell so special and find your dream property in this charming city today.
Montana Real Estate Experts
Are you interested in living near Glacier National Park? Click here to contact our team from P3 & Associates. We are local real estate experts with extensive knowledge of the surrounding area. Our team would be happy to help you find your dream home.
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