Cheap Homes in Ridgway, CO

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Foreclosure Homes in Ridgway, CO

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Ridgway, CO area at Get information on foreclosure homes for rent, how to buy foreclosures in Ridgway, CO and much more. Save thousands at closing with home foreclosure listings in Ridgway, CO — up to 75% off market value!

Top Reasons To Live In Ridgway, CO In 2022

Ridgway is located in Ouray, Colorado, with an estimated municipal population of 1,039 residents. All of the best foreclosed homes for sale in Ridgway are located in the following zip code areas on 81432. The estimated population per square kilometer (.62 miles) in Ridgway is 217.

Cost Of Living In Ridgway, CO

So, about how much do homes cost in Ridgway? The most recent median value of resident-owned homes in Ridgway is 412,351. An estimated 59.6 percent of households in Ridgway own their homes, with an average family size of 2.58. The median household income in Ridgway is 53,235, with27.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ridgway, the median commute time of resident workers (in minutes) is 33.3. And last, but certainly not least, are you looking for homes to rent in Ridgway? If so, the average rent price paid by renters in Ridgway is 1,120, according to recent statistics.

Diversity And Demographics In Ridgway, Colorado

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Ridgway, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Ridgway is 50.1, split between 50.4 percent male versus 49.6 female. The percentage of residents who report being married in Ridgway is 56.5, with an average family size of 2.58.

The percentage of residents who report their race in Ridgway is as follows:

White 97%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0.3%
Multi-racial 2.7%
Other 0%

Looking for family-friendly neighborhoods in and/or near Ridgway? Or maybe you are searching for 55+ active adult communities in and/or near Ridgway?

The percentage of residents who report their age in Ridgway is as follows:

Under 10 8.3%
Aged 10-19 7.8%
20s 9%
30s 10.3%
40s 14.1%
50s 17.3%
60s 26.7%
70s 5.8%
80+ 0.5%

Best Schools In Ridgway, Colorado

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Ridgway with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Ridgway.

Pros And Cons Of Living In Ridgway, Colorado

How do you know that living in -- or moving to -- Ridgway is right where you need to be? Perhaps you grew up in Ridgway or already live nearby; therefore, the decision to buy a home in Ridgway is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Ridgway for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Ridgway:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Ridgway.

Reasons To Move To Ridgway, Colorado, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Ridgway can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Ridgway, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Ridgway, CO


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