Located in a mountaineering paradise, Dakota Ridge is a popular destination for bird watchers, climbers and hikers. With just 32,005 residents, Dakota Ridge is small enough to support close community ties, yet large enough to offer a wide variety of employment opportunities and recreational activities. A grid pattern of large north-south and east-west roads makes getting lost a thing of the past in this city. On the western border, State Highway 470 allows quick access to US Highways 285 and 85 for rapid connection to all the major cities in the region.
Dakota Ridge, CO is a great place for affordable rent-to-own homes! With a median household income of over $101,248 and a median rent of $1,723, the Dakota Ridge, CO rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Dakota Ridge, CO. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
Dakota Ridge, CO is seeing rapid growth and Dakota Ridge, CO's' housing market remains not optimal with an average home price that is 81% above the 2022 national average. Dakota Ridge, CO is part of Jefferson county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2022 for county Jefferson is 0.7% which is below the national average, which is 0.99%.
Growing home prices! Median house prices in Dakota Ridge are slightly higher than the rest of the state. In 2012, homes averaged approximately $262,000 to Colorado's state average of $235,000. Perhaps this is due to the area's great mix of national and international restaurants, including Iwayama Sushi and Da Big Kahuna Bistro and Garbanzo Mediterranean Grill.
Close housing proximity to the tastiest food in Colorado! Renters in the market for apartments or rent to own homes can expect to pay an average of $1,133 per month. Those looking for a rental house can look at the neighborhood around Denver Street. There are also condos available in the community around Ralston Street. Those renting close to the downtown area give the variety of comfort food restaurants like Hardey's: A Hot Dog Revolution and Johnny Mac's Cafe a rave review. Of course, these pale in comparison to the refreshments available at Dakota Ridge's favorite annual event, the South Denver Beer Festival. One low ticket price gains admission to live music and an unlimited sampling of local and national brews.
Plenty of opportunities for outdoor enthusiasts! Camping at Bear Creek Lake Park is second to none and Dakota Ridge has a long list of high-quality retailers like 123 Mountain specializing in outdoor gear. If adding heart-stopping thrills to daily life sounds appealing, check out the expert guides at Rocky Mountain Adventure. They specialize in white water rafting and promise a once-in-a-lifetime experience.
Open spaces for recreation! Many Dakota Ridge neighborhoods boast close proximity to one of the area's many parks and green spaces. In the northwest corner, residents enjoy Weaver Creek and Weaver Hollow Parks. In the northeast corner, residents enjoy Harriman Lake Park. Homeowners and renters in the city center have nearby options including Trappers Glen Park and Blue Heron Park. The southern section of the city has easy access to Powderhorn and Westbury Parks.
Dakota Ridge, CO has a walk score of
Dakota Ridge, CO has a bike score of
The state tax rate is 4.55% on top of the federal tax rate of 10 to 37%.