colorado springs buying first home

First Time Home Buyer

Why Colorado Springs Is a Great City for Buying Your First House

Colorado Springs, also called ‘the city of millionaires’, is a great place to settle down. If you are looking into buying your first house, Colorado Springs offers plenty of affordable homes in addition to many attractive amenities.

In this article, we’ve discussed some of the reasons why Colorado Springs is a great place to live for first-time homebuyers.


What Makes Colorado Springs Perfect for Buying Your First House?

Buying your first house is a big decision. When looking into different places to buy your first home, it’s important to compare the cost of living, amenities, and the neighborhoods. Here are some of the reasons why Colorado Springs is a great place to live.


The Cost 

When buying your first house, the cost of living is the most critical factor that you need to consider. Fortunately, the cost of living in Colorado Springs is six percent lower than the national average. Utility payments, housing costs, and other living expenses are relatively affordable, which makes it a great place to live for first-time homebuyers that are just starting out.


The Location – Attractions & Amenities

The many natural wonders in Colorado Springs include the Broadmoor Seven Falls and the Garden of the Gods. The city is known for its astonishing scenery. Colorado Springs is also home to Cadet Chapel, which is an award-winning piece of modern architecture. 


The Homes 

The real estate in Colorado Springs is quite diverse. The city is a combination of new and historic homes, all of which have their unique charm. Whether you like Colonial homes or eclectic European designs, Colorado Springs has an abundance of real estate options for you to look at. Some of the most common types of home in the city are:

  • Colonial
  • Colorado Farm House
  • Contemporary
  • Craftsman
  • European Eclectic
  • Foursquare
  • Prairie
  • Victorian


The Neighborhoods

Colorado Springs hosts a variety of neighborhoods that appeal to all types of lifestyles. Each neighborhood has something unique to offer. For instance, if you enjoy outdoor activities, you may want to consider purchasing your first home in the Pikes Peak region. Or if you love having a tight-knit community, finding a home on the Westside would be a dream come true. 


Buy Your First Home in Colorado Springs

Colorado Springs is a charming, cost-friendly, and beautiful place to live. If you’re looking for an affordable place to buy your first home that has convenient access to the outdoors, then Colorado Springs could be perfect for you!


Ready to Settle Down in Colorado Springs?

Interested in buying your first house in Colorado Springs? Schedule a consultation with Mortgage Solutions Financial today to begin exploring your loan options.