We Know Boise Real Estate
February, 2018
Found 2 entries for February, 2018.

Real Cost of Owning a Home in Boise, ID

If you’re considering a move to Boise, you’ve probably already seen articles hailing the City of Trees as a highly livable, low-cost area. Boise consistently receives accolades and mentions from publications like Forbes and Outside Magazine for its family-friendliness, outdoor appeal, and affordability. But what’s the true cost of owning a home in Boise?

Boise’s vibrant community and low cost of living make it an appealing prospect for many homebuyers. The cost of owning a home, however, isn’t only about a local area’s cost of living.

With homeownership, there are many types of expenses to take into account. Some of these costs vary wildly based on where you purchase your home—such as property taxes and homeowners association fees—while others

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Seasonality Evaporates in Boise’s Hot Housing Market

Treasure Valley home prices reached new highs in January with both Ada and Canyon counties setting new records.

Single-family median home prices jumped 16.63 percent in the Ada County to $279,900. The largest year over year increase in four years. Early bird sellers are benefiting from the lack of competition with packed open houses and multiple offers on anything under $220,000.

Prices in Canyon County leaped an astounding 21.46 percent to finish the first month of the year at $194,450. An appreciation rate we haven’t seen in since 2014.

The median price of a single-family home in Boise grew 13.93 percent to $256,000. Total number of homes on the market fell to a 0.76 month supply.

Keep in mind that January 2017 was the peak of Boise’s

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