re: Bozeman Montana Real Estate, wow -

We live in BZN and love it. Housing is ridiculous but is starting to come down. New build What I consider a basic starter home 1500sf 3bed 2 bath on 8k sf lot is $500k. Lot of new build 2500sf on 10k sf lot push $900k. Alternative is 30-40 yr old 2500 sf that needs updating for $800k. Then it just goes up to however much you want to spend. Google Running Elk Ranch.
Tax is generally around 0.6% of assessed value which aren’t far off from actual list / sale prices. The problem for many is that assessed values have 2-3x in the past 6-8 yrs. Many complain about out of staters coming and buying “everything” up but none complain about getting 3-4x for their house they bought 15yrs ago.
Benefits of BZN are based around location to year round activities, airport, Yellowstone , big sky, and slightly further Tetons and glacier. fishing, hiking, skiing, hunting, anything outdoors. Yes winter is cold but you get use to it and gear these days is so much better and it’s not that often it’s -30 even with wind chill.
Economy is weird. Not much as big business / corporate work but skilled trades pay well and hourly at Taco Bell is like $22 and then all the tourist guide stuff.
No place is perfect but this is close to it for us as of now.