Looking to buy a home in Columbus? Or thinking of acquiring an investment property? You need to watch this video!
The Columbus metro area has added 500k to its population over the last 15 years, a remarkable +30% growth rate. That's well above its Midwest-neighbors (Pittsburgh, Cleveland, Cincinnati) and on-par with hot growth markets in the South (Nashville, Tampa).
Due to all of this tremendous growth, the average home owner in Columbus has added +$100k of equity to their net worth in the last decade. Values have gone up by an astounding +57%!
But - despite all of that growth - Columbus maintains one essential characteristic: it is still affordable! The metro area's average home value of $229k is well below the US average and provides buyers with a lot of value for their money.
Most of the action in the Columbus metro is situated in Franklin County, which accounts for 70% of the area's population and is experiencing the highest levels of real estate appreciation.
Certain ZIPs/neighborhoods within Franklin County have experienced ridiculous real estate growth. We're talking doubling of values in the last 10 years! They are:
Old Towne East (43205)
German Village (43206)
South Hilltop (43223)
Short North (43201)
Grandview (43212)
Linden (43211)
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Want to find out how Reventure Consulting can help you achieve your real estate investment goals? Do two things:
1) Subscribe to the Reventure Consulting RU-vid Channel.
2) Visit our website at reventureconsulting.com/. Submit a contact form and we will make sure to reach out to you.
Until then - enjoy and stay safe!
8 июл 2024
