Category Archives: Louisville

Home For Sale in Louisville Colorado

Louisville Colorado Real Estate Market Update

For this Louisville Colorado real estate market update we are diving into a bit of history to see what makes Louisville the great place it is to live today.

Like many towns in Colorado, Louisville began as a mining town in the late 1800s. The first mine in the Northern Coalfield, the Welch Mine, was started in what is now Louisville in 1877, and over the years the Northern Coalfield proved highly productive, growing the wealth of miners and townsfolk alike. Eventually there were 30 different mines within Louisville’s boundaries—which proved a good thing for Louisville, which did not become a “company town” (and later a ghost town) like others in Colorado, such as Gilman.

Of course, looking at the Louisville Colorado real estate market today, you wouldn’t imagine its rough-and-tumble mining history. The 2010 census shows that these eight square miles are home to about 18,000 people, living in 7,216 households. The houses they live in have a current average price of $514,063, with a median sold price of $445,000.

There are a number of reasons why Louisville Colorado is such an excellent place to live today, and many of them are aptly recorded by Money Magazine, which has twice ranked Louisville as the best place to live in the US, and ranked it #2 in 2013.

With awesome schools (a great indicator is that over 94% of the town’s students attend public schools), a safe community, and an active, vibrant lifestyle, Louisville residents enjoy 1,800 acres of open space and the many activities available in the amazing Rocky Mountains less than an hour away. Job growth in Louisville from 2010-2012 was 6.35%, and the median family income last year was $104,321.

Their Colorado Tech Center has a vacancy rate of under 10%, and they are constructing two more buildings. Columbine Plastics, a custom injection molding firm from Boulder, recently announced it is moving its manufacturing facility into the Center.

Things are hopping in the Louisville area after work as well, with almost 1,900 restaurants to choose from in a 15-mile radius, as well as 23 movie theaters and just under 200 bars (including the oldest operating tavern in Colorado). Weekends bring abundant Colorado sunshine, over 100 golf courses in the area, and trendy shops to visit in historic downtown.

While Louisville has grown beyond its mining history, there are clearly still abundant riches here, in the form of a great quality of life.  If you are considering relocating to Louisville Colorado, purchasing a home in Louisville, or renting in Louisville, give Housing Helpers a call.  We can help you explore all that the Louisville Colorado real estate market has to offer. 

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Louisville Colorado Real Estate Market

Featured Home For Sale in Louisville Colorado

 

 

Is Louisville Colorado the best place to live in America?

Louisville Colorado used to be a bit of a best-kept secret. Home town locals knew that the downtown area was filled with one-of-a-kind shops and the annual calendar included fairs and festivals that brought everyone out to share in the fun. It’s long been the sort of town where parents take an active role in the schools and the community; where everyone feels like they’re a part of something precious. Just knowing that it’s called Loo-ISS-ville and not LOOEY-ville was like knowing the secret password to a magical place.

Then slowly, but surely, the secret leaked out.

Money Magazine ranked Louisville, Colorado, No. 1 on its list of Best Places to Live in 2011, thanks to low crime, excellent schools, good weather, and proximity to essential and cultural services. (This year Louisville ranked second. We’re still thinking about asking for a recount!)

Family Circle named Louisville one of the 10 Best Towns for Families in 2012, pointing to things like the annual Winter Slam basketball tournament at the Louisville Middle School, where the 8th graders face the adults in a game of hoops and everyone in attendance is asked to bring an unwrapped toy to be donated to kids in need.

Rankings like these have made people take notice.

Louisville Colorado Real Estate Market

The local population has been rising fairly steadily, although it tops out at around 20,000, which still qualifies as “small town” for people used to living in Denver or Boulder. The median price of single-family homes has risen steadily as well—a sign of a strong, desirable real estate market. And even with median list prices hovering around $449,000 as of this writing, Louisville remains a cost-effective alternative to nearby Boulder.

Rentals in Louisville Co are also in high demand. Once seen as a more affordable option for renters spilling over from Boulder, now the Louisville rental market stands on it’s own with average rents hovering in the $1200 to $1500 fro one bedroom apartments.  Homes for rent in Louisville can easily fetch $2500 to upwards of $3000 per month in rent.

 

Craftsman Style Home in Downtown Louisville Colorado

Craftsman Style Home in Downtown Louisville Colorado

Downtown Louisville Colorado

Along with their commitment to keeping their community vibrant and strong, residents have a strong respect for Louisville’s heritage. Its roots go back to 1882 when it was a mining community, and you’ll still see quite a few buildings that date back nearly as far—including some that still harbor secret tunnels that the miners used to sneak from saloon to saloon.

Popular eateries are springing up offering a new vibe to downtown Louisville.  Try a slice of extraordinary unique pizza at Lucky Pie with a local brew from the dozens offered on tap, then top it off with home made almond joy ice cream at Sweet Cow next door.  Stop in at The Huckleberry for lunch or afternoon tea and they’ll tell you all about it. The Louisville Rex, another local favorite, occupies a building from 1908 that began life as a billiard hall and later became Louisville’s premier movie theater.

In a Norman Rockwell like setting downtown Louisville is also home to Winter Skate and Horse Drawn Carriage rides.  Located at the Steinbaugh Pavilion in Historic Downtown Louisville, WinterSkate is an old-fashioned ice skating rink complete with skate rental, concessions and traditional holiday music.  Celebrating its thirteenth year as the original outdoor ice skating rink in the community, WinterSkate presents the perfect opportunity to enjoy the winter season in a beautiful small-town setting.

If you want to dig deep into Louisville history, the Louisville Library, or the Louisville Chamber of Commerce is the place to go for information.   If you want to dig deeper into the Louisville Real Estate Market give us a call and we’ll show you why Louisville, Colorado, is an easy place—maybe even the best place in America—to call home.

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