Is Cheyenne Wyoming a good place to invest in real estate?
Is Cheyenne Wyoming a good place to invest in real estate? Cheyenne is one the leading real estate markets in Wyoming. Even with a population that is slightly above 62,000, the median home value is higher than the national average. Home values have increased by 11.3% over the past year and are expected to rise by 2.2% in 2019.
Is buying land in Wyoming a good investment? One of the highlights of looking to purchase land in Wyoming can definitely be attributed to the many tax benefits. No income, estate, inheritance, real estate, excise tax, and low property taxes make this investment a no-brainer for most. When comparing Wyoming’s taxes with other states, the value will be undeniable.
Why are people buying property in Wyoming? Wyoming is the most tax friendly state in the country: No tax on the sale of real estate, no state income tax, no tax on out of state retirement income, no state gift tax, no inheritance or estate tax, low property taxes, no excise tax, no tax on mineral ownership, no intangible taxes and dynasty trusts.
Are people moving to Cheyenne WY? Cheyenne is expected to grow at a rate of approximately two percent, per year in the near future. Taking our current population of approximately 60,000 to 135,000 by 2030.