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Idaho Top Builders
Febrauary 2014 Report
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Top Selling Idaho Subdivisions

View complete list including average sales price and price per square foot. View Best Selling Subdivisions

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And how is this affecting home values?

Boise Real Estate Market Median Home Value

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A guide for first-time home buyers

Pursuing the American Dream of Home Ownership is a big deal and many consider is a step into adulthood. And now millennials are joining the party—the average first-time home buyer in the U.S. is 31 years old. But before you buy, here are some things to do.

1. Assess your need

You don’t want to be buying a home just because you turned 31 or because your friends have started doing it. Determine whether it’s better for you to buy or rent at this time in your life. Think about your family and whether you have plans to marry or have children in the near future. Factor in your job and if it’s stable, whether you plan to stay long term or if you are itching to try something new. Make sure you are buying a home because you want to and you are ready at this time.

2. It's a Math Question

Many people focus on the down payment when they think about buying a home. Yes, the down payment is usually a large chunk of money. But there are other upfront costs you need to think about—taxes, property insurance and closing costs for example. Insurance rates and property taxes will vary by state so you’ll want to check on what it would be. Closing costs encompass many fees including origination, underwriting, appraisal and title insurance. It can add up to a surprisingly large number so it’s good to know it ahead of time.

3. Start Preparing in Advance

You’ll want to have all your documents ready to make the process go smoothly. In most cases, you will need government issued ID, a credit report (you can get free copies every year), a verification form from your employer, W-2 forms, federal tax returns and bank and asset statements. Some of these documents would also have helped you to figure out how financially ready you are to buy a home. For example, you want to make sure your credit is in great shape before you try to get a mortgage and pulling your credit reports can help you see where you stand. You can also check your credit scores for free using the Credit Report Card, a free tool that gives you grades on the major credit scoring factors so you know where you can improve your scores.

4. Go Shopping

A house is likely the largest purchase you’ll ever make, so treat it like other large purchases. That means you want to shop around as you would for a car, TV or couch. It may be time consuming but it’s important to look at comparable homes in the area. You could work with a licensed real-estate agent or start your search online. You want to look at a variety of options to not only find the right one for you but to get a feel for the pricing in the area.

5. Step back and Be Prepared to Walk Away

If you aren't comfortable with the purchase, you may have to leave a near-perfect house for someone else to buy. Before you make this large of a purchase, you want to be sure you feel OK committing to a monthly mortgage payment.

New Subdivision resource
is a comprehensive list all the new subdivisions with vacant lots or new house for sale in Boise and surrounding Treasure Valley, Idaho. Subdivisions are displayed by MLS Area and categorized into lifestyle including Townhomes & Condominiums, Entry Level, Move-Up, Upgrade and Luxury Subdivisions. Each category lists lot sizes, lot prices and starting home values for those subdivisions. Community profiles are also available that include community amenities, HOA dues, schools, other information about the community and then view listings from the MLS for New Houses for Sale and Building Lots.

2015 is off to a strong start with new home construction. Home Values are rising which could slow the pace down but probably only for local buyers. Out of state buyers find Boise very affordable and love the lifestyle offered.

Tips to selecting a new subdivision

  1. Define your needs and priortize them: Location, Lot Size, Community Amenities, Schools, etc.
  2. Determine how much you can afford and stick to it.

Determining your selection criteria will help you quickly eliminate new communities that do not fit your criteria and narrow your search.

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  Total Sales Average Sales Price Average Price per SqFt 2016 Price Range of Homes
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Boise Idaho Overview

Most people did not know about Boise, Idaho until about ten years ago when the capital city and largest city in Idaho started consistently making the nations list of top places to Live, Work and Play. People started noticing businesses like Micron and HP as major innovators and the Boise State Broncos football team started winning games on the national stage in style. There are many reason people move to Boise from jobs to family but one theme everyone mentions is the LIFESTYLE! Spend a week exploring Treasure Valley and you will find this is a place you can feel safe living in and raising a family. Boise is also an affordable place to Live, Work and Play. Located along the Boise River and nestled against foothills of the Rocky Mountains, Boise offers many outdoor activities to local residents, from skiing at Bogus Basin Ski Resort to biking on the Boise River Greenbelt to boating at nearby reservoirs. The Boise Valley has it all - desert, rivers, mountains and lakes for hiking, camping, kayaking, river rafting, hunting, fishing and many winter activities including snowmobiling. If you like the outdoors and open space, you will be immediately attracted to Boise, Idaho. Boise has numerous recreational opportunities including extensive hiking and biking in the foothills to the immediate north of downtown. and an extensive urban trail system called the Boise River Greenbelt that runs along the river from north Boise to Eagle. The Boise River itself is a common destination for fishing, swimming and rafting. You may also want to check out the Rivers to Ridges trail system. The climate is characterized as semi-arid with four distinct seasons. The summers can be hot and dry with mildly cold winters with fair amounts of snowfall. Rainfall is usually infrequent and light, averaging 1 inch (25mm) per month. March is the wettest month with an average of 1.41 inches (36mm), August is the driest month in Boise and spring and fall are generally temperate in Boise, ID.

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April - Build Idaho - Boise Homes for Sale

Your March Recap is ready, Including your look forward into April

Boise, Idaho has been consistently recognized as one of America’s best cities by numerous sources for well over a decade now. We have a high quality of life with four seasons and a unique blend of natural beauty to downtown urban comforts. Explore the desert, recreate in the mountains, take in cultural events like ballet or Shakespeare.

It's been a busy month here at Build Idaho. We are constently adding content to the website. Here is a list of our most populare blogs in January; and what we are looking forward to doing in February. Build Idaho is your first stop on and when you're ready give us a call.

 

Learn more about the Local Real Estate Market :Build Idaho BlogsLearn more about the Local Fun :Build Idaho Explore Blogs

Build Idaho Featured Videos

Build Idaho - Featured Video - Cycle Bar Meridian IdahoBonus Video!!!

Build Idaho - Featured Video - MakyJames Grill FoodieBoise Fun Facts for April:

"Boise (pronounced boy-see) is nicknamed The City of Trees. Idaho's combined wilderness is over 4.7 million acres, which is greater than the US's three smallest states combined.The total land area of Rhode Island, Delaware, and Connecticut is collectively smaller than our state's combined wild, roadless areas."

March - Build Idaho - Market DynamicsBuild Idaho - New Home Buying Guide: Subdivisions & Lifestyle

January - Build Idaho - Market Dynamics

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BOISE'S ULTIMATE
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Idaho Builder Directory

The Ultimate Home Builder Guide

Directory

2018 Top Subdivisions

Best Selling, Most Affordable Communities with Pricing Insights.

Research

Building Lots

Find your homesite for your Custom Home.

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Thank you for your interest in Building Lots!

We will be following up with you as soon as we can. We're excited to help you find your ideal homesite. In the meantime, we have enclosed a few links that may interest you as you explore Boise and the surrounding areas.

Explore and Discover Boise

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Trey Langford, Idaho Real Estate Agent

Trey Langford
Build Idaho
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Keller Williams Realty Boise
959 S Allante Place
Boise, ID 83709
208.724.9636 | trey.Build-Idaho.com
www.BuildIdaho.com

 

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