Is Pueblo Colorado a wise investment city?

[Nicholas Vandermolen]

I am currently living in Colorado Springs with interest in investing down south in Pueblo for lower prices of properties. Has anyone bought in Pueblo? I believe it’s a smart location but would love feedback from y’all!

[Rick Thomas]

@Steve W. Your correct on all your previous comments about the Springs. I represent a new builder here in Pueblo West and we have had 3 of the last 5 home sales go to buyers who have been priced out of the Springs market and those that simply can't find a home in the Springs. Colorado Springs is basically $100k more for the same homes plus in Pueblo West you get acreage and not a peep show into your neighbors bathrooms :) The eastside of Pueblo has for many years showed the biggest promise for both flip and buy and hold. The eastside gets a bad rap which I don't believe warrants it, and there is some hefty profits to be made there. And yes, if you're analyzing Pueblo you would be well advised to factor in Pueblo West. As far as growth is concerned it's happening more organically because of home prices and not necessarily job growth.