Blog > Why Should I Invest in Boone, NC?
Boone, North Carolina is a charming mountain town located in the western part of the state. It is a popular tourist destination due to its beautiful natural scenery, outdoor recreational activities, and cultural attractions. If you're interested in investing in short-term rental real estate, Boone is a great area to consider. In this blog, we'll discuss the tourism drivers to Boone and why it's a good area to invest in short-term rentals.
Tourism Drivers to Boone, North Carolina
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Outdoor Recreation - Boone is surrounded by beautiful mountain scenery, making it an ideal location for outdoor enthusiasts. Visitors can enjoy hiking, fishing, camping, kayaking, and mountain biking. Additionally, the town is located near several state parks, including Grandfather Mountain State Park and Elk Knob State Park.
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Appalachian State University - Boone is home to Appalachian State University, which is one of the largest employers in the area. The university attracts a large number of visitors for sporting events, performances, and other campus activities.
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Cultural and Historical Attractions - Boone has a rich history and culture, which is reflected in its many cultural and historical attractions. Visitors can explore the historic downtown area, which features a variety of unique shops, restaurants, and galleries. The town is also home to the Hickory Ridge Living History Museum, which provides a glimpse into life in the 18th and 19th centuries.
Real Estate Market in Boone, North Carolina
The real estate market in Boone is currently experiencing strong growth. The median home price in the town is $282,000, which is higher than the national average. However, home values have been steadily increasing over the past few years, making it a good time to invest in property in the area.
Short-term rental properties are also in high demand in Boone. With the town's proximity to Appalachian State University and its many outdoor recreational activities and cultural attractions, there are plenty of opportunities for investors to rent out their properties to visitors. Additionally, the town's location near the Blue Ridge Parkway and other popular destinations makes it a popular stop for travelers.
In conclusion, Boone, North Carolina is a great area to invest in short-term rental real estate. With its stunning natural scenery, outdoor recreational activities, and cultural attractions, the town is a popular destination for visitors. Additionally, the strong real estate market and high demand for short-term rental properties make it an ideal location for investors.
Tyler Coon
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