Norwood, situated in the scenic San Miguel County of Colorado, is a quaint town that offers a unique blend of serene mountain living and community spirit. Surrounded by the natural beauty of the San Juan Mountains, Norwood provides a peaceful lifestyle while being a short drive from larger towns and amenities. This article highlights the best residential areas in Norwood, focusing on their characteristics, housing options, and average prices.
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Downtown Norwood
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Downtown Norwood serves as the central hub of the community, featuring local shops, restaurants, and various services. This area is perfect for residents who appreciate convenience and vibrant community life.
Characteristics of the Downtown Norwood
* Culture: Rich local culture with events and markets.
* Transportation: Walkable area with some public transport options.
* Services: Grocery stores, cafes, local businesses, and libraries.
* Environment: Friendly and bustling atmosphere.
Housing Options in the Downtown Norwood
Single-family homes, Townhouses.
Average Home Prices in the Downtown Norwood
* Buying: $250,000 – $350,000
* Renting: $1,200 – $1,800/month
Norwood Estates
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Norwood Estates is a residential community known for its spacious lots and modern homes. It offers a family-friendly environment with plenty of outdoor space.
Characteristics of the Norwood Estates
* Culture: Community-oriented with family events.
* Transportation: Car recommended for commuting.
* Services: Access to parks, schools, and community centers.
* Environment: Suburban and peaceful.
Housing Options in the Norwood Estates
Single-family homes, Larger properties.
Average Home Prices in the Norwood Estates
* Buying: $300,000 – $450,000
* Renting: $1,400 – $2,000/month
Redvale
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Redvale, located a short drive from Norwood, offers a more rural setting with a close-knit community feel. It’s ideal for those seeking tranquility and connection to nature.
Characteristics of the Redvale
* Culture: Ranching and agricultural lifestyles.
* Transportation: Car necessary for travel.
* Services: Limited amenities; residents often travel to Norwood for shopping.
* Environment: Quiet and agricultural.
Housing Options in the Redvale
Ranches, Farmhouses.
Average Home Prices in the Redvale
* Buying: $250,000 – $400,000
* Renting: $1,000 – $1,500/month
San Juan Valley
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The San Juan Valley area is known for its breathtaking views and outdoor recreation opportunities. It’s a perfect spot for nature enthusiasts and adventure seekers.
Characteristics of the San Juan Valley
* Culture: Focus on outdoor activities such as hiking and skiing.
* Transportation: Car required; remote living.
* Services: Limited services; primarily outdoor amenities.
* Environment: Scenic and adventurous.
Housing Options in the San Juan Valley
Log cabins, Custom-built homes.
Average Home Prices in the San Juan Valley
* Buying: $350,000 – $600,000
* Renting: $1,500 – $2,200/month
Happy Canyon
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Happy Canyon is a residential area characterized by its charming homes and proximity to nature trails. It boasts a peaceful ambiance and is ideal for families and retirees.
Characteristics of the Happy Canyon
* Culture: Emphasis on nature conservation and outdoor family activities.
* Transportation: Car required; local roads.
* Services: Basic amenities available; larger services found in Norwood.
* Environment: Tranquil and family-friendly.
Housing Options in the Happy Canyon
Single-family homes, Eco-friendly houses.
Average Home Prices in the Happy Canyon
* Buying: $280,000 – $450,000
* Renting: $1,300 – $1,800/month
Norwood Lake Area
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The Norwood Lake Area features beautiful lakeside properties and stunning views, making it an attractive choice for retirees and vacation home seekers.
Characteristics of the Norwood Lake Area
* Culture: Lake activities for community bonding.
* Transportation: Car is essential; some walking paths.
* Services: Limited amenities; community gatherings and events.
* Environment: Relaxed and nature-centric.
Housing Options in the Norwood Lake Area
Lakefront homes, Vacation rentals.
Average Home Prices in the Norwood Lake Area
* Buying: $450,000 – $700,000
* Renting: $1,800 – $2,500/month
Frequently Asked Questions About the Best Residential Areas in Norwood:
The best residential areas include Downtown Norwood, Norwood Estates, Redvale, San Juan Valley, Happy Canyon, and Norwood Lake Area.
Norwood Estates is known for its spacious lots and family-oriented community events.
Redvale typically offers more affordable housing options compared to other areas.
Downtown Norwood features grocery stores, cafes, post offices, and various local shops.
Public transport is limited; owning a car is highly recommended for getting around.
Housing prices in Norwood are generally lower than in more urban areas of Colorado, but vary based on location and property type.
The San Juan Valley and Norwood Lake Area are ideal for outdoor enthusiasts seeking hiking, fishing, and camping opportunities.
Real estate appreciation in Norwood has been steady, with an increase of about 4-6% annually over the past few years.
There are limited healthcare facilities in Norwood, with more extensive services available in neighboring towns.
The real estate market in Norwood tends to be most active in the spring and summer months.
Conclusion on the Best Residential Areas in Norwood:
Norwood, Colorado, offers a diverse range of residential areas, each boasting its unique charm and benefits. From the community-centered Downtown Norwood to the tranquil nature of the Norwood Lake Area, there's something for everyone. Whether you prioritize convenience, tranquility, or outdoor adventures, Norwood enables a fulfilling lifestyle amidst stunning landscapes. Prospective residents should consider their lifestyle preferences and requirements when choosing the right neighborhood in this beautiful region.
About the Author
Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.