Idaho Falls real estate is perfect for people looking at East Idaho property with a city feel. The city is in the middle of some of the best rural and recreational lands you'll find in Idaho. It is about 1.5 hours to Yellowstone National Park and 3 hours to Salt Lake City International Airport. But the city also has a mall, many restaurants, sporting goods stores, a regional airport, and entertainment. It's the best of both worlds.
Idaho Falls has a very diverse housing market. You will find homes in the Idaho Falls MLS for sale anywhere from $150,000 to well beyond $1,000,000. You can buy horse property, live in a planned unit development, or go for a low maintenance townhome. The population of Idaho Falls is about 65,000. When you include Ammon, Iona, and other smaller cities next to it the number gets closer to 100,000.
At the time of this writing, there were hundreds of existing homes for sale that our Idaho Falls real estate agents can show you today. Inventory changes with the weather around here. The winters are cold and snowy. That tends to drop the level of inventory. So if you are wanting the most options possible, start looking in the early spring to mid-summer. If you are looking for a great deal, put your snow boots on and a jacket, and start looking. Inventory is lower, but you can often find some great deals. Homeowners selling in the winter often have an urgent reason to move, so they will negotiate. Idaho Falls, Ammon, and surrounding cities are growing fast. Existing home sales are a part of the real estate market. But there is plenty of building going on to0.
New homes for sale in Idaho Falls are becoming available on a regular basis. In fact, to date, contractors are having a hard time keeping up with demand. There are several factors. First, people are looking for new homes. Second, companies like Melaleuca, Basic American Foods, and Idaho National Labs provide employment. and there are many small businesses. This creates demand for housing. And the cost of living is low in Idaho. Third, new homes in Idaho are still affordable and property taxes are not out of control.
There are many small custom home builders in the area. Idaho Falls also has some great developers. They include Fall Creek Homes, Castlerock Homes, Rockwell Homes, Liberty and Guardian Homes. So whether you are looking for an existing new home or want to have one built for you, there are many options.
There are plenty of small homes in Idaho Falls. Many of them are older which makes sense. Years ago they built homes smaller. This is a great thing first time home buyers and people looking to downsize. Many of the small homes in Idaho Falls are on smaller lots, have lower taxes, and need less upkeep. If you have a smaller budget and a little time, you can buy one of these fixer-uppers and remodel them into a great low-cost home. Inventory on these homes fluctuates. In the spring and summer, you may find 10 or 20 homes below $150,000 available to buy. But don't hesitate. In our current market, these smaller homes can go quickly. Have your financing ready, have your loan pre-approval in hand, and be ready to make an offer quickly.
Condos are another great solution for a small home. But you'll have to act fast if you want one. These are some of the fastest moving real estate in Idaho Falls. At this writing, a new condo is going to start somewhere around $150,000 up. Another popular variation of this type of property is the duplex where two residences are under the same roof.
Idaho Falls has a vibrant for sale by owner market. Sometimes you can get a great new home for a decent price with FSBO homes. But buyer beware. Make sure you receive property disclosures. And if the home is not new, make sure there are lead disclosures as well. We have many old homes in the area that have lead-based paint. Also, be aware research has shown that sellers often net less money when selling on their own. And using an Idaho Falls Realtor can help you avoid costly financial and legal mistakes.
Remember, your Idaho Falls real estate agent can represent you with FSBO transactions. The seller will pay your agent's commission. So don't hesitate to call us if you'd like to see a FSBO home. We can set up the showing, do the paperwork, and manage the transaction for you. We will lower your risk and get the best value for you.
Idaho Falls has open space all around it, which means you can find homes for sale with acreage, even in town. If you are looking for horse property or want to have animals, you can often find homes for sale that allow animals. Some areas are subject to HOA's with acreage restrictions of no less than 5 acres per lot. Some are even larger. These restrictions preserve the purpose of the land and often protect home values. One important thing to remember is that not all acreage is equal in value. You can have two 10 acre lots right next to each other with very different prices. Some land has water rights that go with it, which will increase the value. Some land can be developed while other land must remain agricultural. When you look at land, your Realtor will help you sort through why there are different valuations. You don't want to by 10 acres to grow food only to find out that there are no water rights!
Homes With Acreage In Idaho Falls (Link)
Idaho Falls is surrounded by mountains and farmland. One popular style of home in this area is lodgepole pine cabins. You will find these cabins from time to time in Idaho Falls. Many of them are luxury cabins. You can also go right outside Idaho Falls and find a variety of cabins and recreational homes. You can find cabins in Swan Valley and recreational properties near the Palisade reservoir.
Team Greene Real Estate has some incredible real estate agents in Idaho Falls that are ready to help. As Realtors, we have access to the latest real estate market data, home pricing, and community information. Our goal is to elevate your real estate experience and give you the best customer service in the area. You can begin searching the Idaho Falls MLS here or give us a call to talk about buying or selling a home. Find our Idaho Falls Real Estate Agents now.