With an average population of 61,000, Missoula is a western Montana city and home to University of Montana. This city has the perfect balance between the liveliness of an urban area and the beautiful views and peaceful environment of the country. It is considered one of the top ski destinations in the State of Montana and offers six world-class golf courses, high quality public and private schools, and amazing natural resources. Missoula is also one of the most resilient real estate markets in the country, as the average price per square foot has risen around 70% from last year.
The local real estate market is still on the affordable side, with an average listing price of $330,853. Missoula offers a variety of styles and construction types that range from 1950s brick homes to renovated ranch-style properties, but you can also find newer developments (even some rent to own places) that offer modern homes in amazing locations. As of August 2013, the market has 837 homes for sale, with a median sales price of $160,000, which is a really good opportunity for young professionals or retired citizens. Missoula is organized into 18 main neighborhoods, and price ranges vary greatly from one to another.
If you are interested in good and varied restaurant options, Missoula has a lot to offer. Being home to the University of Montana, Missoula has its fair share of breweries and wine bars. Two excellent examples are the Ten Spoon Vineyard and Winery and the Bayern Brewing Inc., where you can enjoy artisan beer. But if you are looking for great food, Missoula has options too. Restaurants like The Silk Road and The Pearl Caf offer a fine dining experience that meets the standards of the greatest metropolitan restaurants.
Missoula is called "the cultural center" of the State of Montana for a reason. The landmark event, held during the last days of August, is the River City Roots Festival. It offers live music and activities like the Family Fun Weekend, which is an event that prides itself on building strong community ties. The University of Montana also offers events for Missoulas inhabitants, such as "Shakespeare in the Parks" and ongoing seminars and conferences open to the general public. If you are interested in more traditional activities, a bingo night is held every week as well.
Each of the popular neighborhoods of Missoula has different characteristics and advantages. Here is a review of each:
Franklin to the Fort: Known mainly for the beautiful brick Franklin School building, which is almost a century old, and the historical fort built by settlers to prevent invasions, this neighborhood is located at the heart of the city. The average cost of a home in this area is $204,338
University: Located at the base of Mt. Sentinel, the University District is comprised of three lined streets covered by beautiful ancient trees. University of Montana campus is located here, as well as Mtrail, one of the most popular recreational spots in the city.
Rose Park: Located south of the river, Rose Park is known to have amazing restored homes, and it is known by the local people for its broad boulevards and lively environment. Rose Park offers a good balance between residential and business space and the average price of a house here is $229,000
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