2017 was another great year for real estate (especially in Bozeman). In spite of low inventory, we saw an increase in residential units for the entire Big Sky Country MLS up 9% and total volume sold up 13.6%. The low-interest rates continue to give buyers a stronger buying power, offsetting some of the increased sales prices of homes in the area. Experts expect some of these trends to continue into 2018 with moderate and steady gains in the market, both nationally and locally.
Here's a look ... read more
When we begin the process of searching for real estate, nowadays, we go directly to the internet. Back in the day, you may have been more used to the the booklet you’d find at a local market that had homes for you to browse through. With the advancements in the internet and technology, there are applications for your phone that allow you to browse through homes with specific filters and requirements set so you are searching only the homes that fit your specifications.
Your resources, as a consumer, are get... read more
Whether it is students moving to Bozeman to attend college, or professionals moving to Bozeman to work with Bozeman’s largest employer, Montana State University has long been a key part of Bozeman’s growth. According to the U.S. Census Bureau population estimates from 2014 to 2016, Bozeman, Montana was the second fastest growing micropolitan area in the country and this is largely in part to the quickly-growing Montana State University. Montana State has over 3,000 faculty members and 16,703 stude... read more
#1) EVER INCREASING DEMANDDemand is at an all-time high in Bozeman. If you’ve been thinking of selling your home, there is no better time than now! The number of new residents moving to the area has made Gallatin County one of the fastest growing counties in the nation. Demand for housing in Bozeman priced under $400,000 is extremely high. Through November 2017, 459 single family homes were sold in the price range of $200,000 -$400,000, while the second highest was 295 single family homes in the $401,000 to $... read more
Property taxes in Montana range from county to county. Looking at Montana altogether, the median property tax that is paid per year is $1,465. This is for a home with a value of $176,000. Montana is ranked 29 out of the 50 states in order of the average amount of property taxes collected.
Each county in Montana has its own method of assessing and collecting taxes. Missoula County collects the highest property tax in the state of Montana, with an average of almost $2,200 a year, which equals out to about 0.93% of t... read more