Yes, we are at the Westernmost tip of the state and don’t often get included with the bigshot cities in the middle of the state. That doesn’t mean, however, that El Paso doesn’t have its fair share of exciting news to share with the rest of the world. In fact, El Paso has seen — especially in the last couple of years — a lot of changes.
#1 Affordable Prices
El Paso median household income is about 14, 790 dollars lower than the median Texas income. El Paso cost of living is also very affordable and this makes for beautiful homes at a bargain price. The median price of a home in El Paso is currently listed as 126, 700. Compare that price to a typical San Antonio listing at 249,024. This makes quite the difference for a homeowner looking for a family home. In a study reported by Forbes magazine ranking cities where people can live comfortably for less than $60,000, El Paso was high on the list.
#2 Buyer’s Market
A report in 2018, stated that El Paso was a healthy buyers market and had positive growth prospects for the upcoming year. The city’s market is seeing a formidable buyers and sellers market, as buyers from other places like Colorado, California, and Florida are coming in to snatch up these luxury homes at a low price. This creates higher demand for city homes and keeps the market viable, growing, and strong.
#3 New Neighborhoods
The city has a growing population that went from 676,391 in 2015 to 683, 577 in 2017. El Paso has several areas that have been showing a lot of development. From the Northeast to the downtown area, to far East, to NorthWest part of the city. Palo Verde, for example, builds homes all across the city including newest and pristine neighborhoods of Cimarron Sage. This neighborhood is the Westside’s new pride with tree-lined, walking trails, parks, open spaces, and scenic views of the Franklin Mountains. Another burgeoning neighborhood is the Tierra del Este, east of Loop 375 and in the midst of the picturesque desert landscape of the El Paso area. Can’t beat the breathtaking sunsets from the sandy terrain of the East.
#4 Great Weather
They don’t call us the Sun City for nothing. El Paso has an average of 297 sunny days a year. It is why many people with an aversion to cold, hurricanes, storms, tornadoes, or earthquakes, end up here. We have none of that. So, yes. This can save you a lot on a house on damages, insurance, and repairs. It also makes it a great place to raise a family, retire, or enjoy the great outdoors.
#5 Great Place to Raise a Family
Aside from its unique border culture, El Paso is a safe city with low crime rates. Its state University is growing every year and the city has prestigious institutions of higher learning with its community college system and other technical schools. There is a wide variety of entertainment, events, and opportunities for family events like rodeos, fairs, amusement parks, farmers markets, and more. The city has also invested a lot of money in recent years in its downtown revitalization project. This has brought great venues, events, entertainment, and art to the city including a baseball team, science museums, a new arena, etc.
Start Your New Life with Palo Verde Homes
Whether you are new to the city or have lived here your entire life and are looking for your first home, El Paso is a fine western town with the Southwest living, an influence of the cowboy, an air of Hispanic influence, a friendly population, scenic mountains, plenty of outdoor activities, and much much more. Get your new life started with a beautiful, newly-built, and modern Palo Verde Home.