All throughout Utah there is an upward trend in real estate investment. Southern Utah is no exception, with both Cedar City and St. George seeing major growth right now. St. George is one of the fastest growing cities in the nation. Cedar City is booming in new home construction as well as in home sales. The current home inventory on the market in Cedar City is very low, creating a seller’s market right now. That’s not to say there aren’t still some really great buying opportunities out there.
In fact, one of the best opportunities to buy land and build a new home is in the Canyon Ridge area. If you want prime Cedar City real estate, this has been one of the most popular areas to build in the city. People love how Canyon Ridge is nestled and hidden behind large hills. It’s also on the golf course. If you love golf, you’ll love having a home in this area.
In addition to being somewhat secluded from the rest of town, this subdivision is governed by an HOA and is well maintained. There is a large park area in the middle of the subdivision, which is great for families or homeowners who have pets they like to walk and take to a park.
Another great feature of this particular subdivision is the diversity of lots and views. Purchasing a lot that is high along the mountain base offers breathtaking views of most of Cedar City. Lots start at around $80,000 and peak at around $100,000. You will pay more for a great view on an upper-level lot, but you’ll also get a larger parcel.
There have been numerous homes built in this particular area in the last year. The demand and the location make it a safe place to invest, build, and live. If you haven’t been to Canyon Ridge yet, take a look before you buy property anywhere else. It’s one of the best neighborhoods in town.