Top Reasons Why North Dakota is a perfect place to buy a Rent to Own
Lots of affordable housing! The median cost of a home in 2012 was just over $130,000, making North Dakota property very affordable. Smaller cities, like Minot and Dickinson, are growing, but still have plenty of room to accommodate newcomers.
Low cost of living! Compared to much of the rest of the country, North Dakota is a pretty inexpensive place to live. When you combine the low costs of mortgages and rental homes with comparatively high incomes, the state starts looking pretty attractive.
Plenty of fun when the weather turns cold! North Dakota definitely gets freezing cold in the winter, but that doesn't stop the residents from getting out and having a good time. In Great Forks, head to Splasher's of the South Seas Water Park and explore the Fargo Air Museum for a look at the history of aviation.
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Stable housing market! The number of homeowners who are underwater in their mortgage is far below the national average. Buying property in North Dakota is easy as well - many builders offer flexible options such as rent to own homes and apartments.
Established arts and culture scene! The arts scene is alive and well in North Dakota. Two of the best venues in the state to experience live entertainment are the Fargo Theatre and the popular Medora Musical in the town of Medora, which has performances all summer.
Super low unemployment! Thanks to the flourishing economy, the unemployment rate here hovers at levels way below the national average. This means that newcomers to many neighborhoods often find it pretty easy to find work.
Live amongst the American bison! In the past, North Dakota was home to millions of bison. They were almost entirely wiped out, but their numbers are on the rise once again thanks to protections for these amazing animals. To check them out up close, head to the city of Jamestown, home to The Bison Ranch and the National Buffalo Museum.
Thriving economy! Thanks to the business-friendly environment, the economy is doing great. Two of the largest employers in the state are Bobcat Company, based out of Fargo, and high-tech data storage heavyweight Imation Corp., which has operations in Wahpeton, ND.
Explore the colonial prairie heritage! North Dakota has a rich colonial history, which you can still experience today. The town of Dickinson is a great place to see what it was like to live back then. While there, visit Prairie Outpost Park and the Ukranian Cultural Institute.
Fantastic golfing in the summer! The larger cities offer the most opportunities for golfing. Good choices are the Rose Creek Golf Course in Fargo and the Hawktree Golf Club in Bismarck.
Low home rentals! While the oil boom has sent rents spiking in certain areas, others still offer tremendous value. The cheapest rents in North Dakota can be found in Grand Forks and Morton Counties.
Visit Fort Abraham Lincoln State Park! Head to Mandan, ND, to get a taste of history at this beautiful park and historic site. While you are in town, you can also check out The Custer House.
See dinosaurs! The plains of North Dakota were home to large dinosaur populations, and their bones are still being uncovered. See them at the Dakota Dinosaur Museum in Dickinson and the Long X Visitor Center in Watford City.
Reasonable new construction costs! The average house price for new construction in North Dakota last year was over $184,000, which was only slightly higher than the year before.
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