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Displaying blog entries 1-10 of 115

Montana State University had 15,421 students enroll at MSU for the 2014-15 school year, its highest in its history. That was the 8th time in 9 years that MSU has set a new personal record for enrollment. 127 more students enrolled this year as oppose to last, a 1% increase.  The university has increased enrollment by 2,657 students, or 21% in the last 5 years. Currently, MSU is still the largest campus in the state, and the additional students could add more than 1 million dollars in additional tuition money. MSU officials pointed to new, coming buildings to deal with the influx of students. A new college of business building will open next year, adding additional classrooms and the school has invested $2.3 million into instruction and adding more classes to help students graduate on time.

For anyone considering purchasing a home in Bozeman, the prospect of more students means more tenants. A cheap college rental can really help with monthly bills, and if you read my previous article, there currently is next to no rental spaces available in the city. Feel free to give me a call if you’d like to discuss the potential of such a rental. 406-570-5730

Source: http://www.bozemandailychronicle.com/news/montana_state_university/article_65ff592a-4299-11e4-9227-5b0634570ab1.html?utm_medium=desktop&utm_source=block_649307&utm_campaign=blox

New Subdivision Coming for Bozeman Real Estate Market

by Tim Hart

Construction workers are updating and extending both Ferguson Avenue and Cattail Street to make room for a new subdivision, the Four Points. Crews started work on both roads on Wednesday. Once finished, Ferguson will be the only road between 19th Avenue and Love Lane that will directly connect Baxter and Huffine Lane. The west side of Bozeman has become very popular due to the decent prices of homes in that area, coupled with its solid infrastructure and transportation. The Four points subdivision will be adding several muli-family units. The already existing Sundance apartments will be adding 195 new residences. Bozemanites should see improved access and better traffic distribution with the improvement to the two roads. In terms of real estate, Bozemanites should expect to see a lot of new homes and apartments, with many looking for new occupants.

Source: http://www.kbzk.com/news/new-development-will-bring-road-changes-to-west-side-of-bozeman/

East Wilson School May Become Residential Area

by Tim Hart

It looks like Wilson School may see some new life as a residential area. Bridger Builders presented a case to the city to turn the area into 18 single household units. Looks like there will be a parking garage as well for new residents. I will be interested to see whether the city decides to move forward with these plans. The meeting is at 6pm on Monday the 25th.

Source: http://www.kbzk.com/news/future-plans-for-east-willson-school-to-be-presented-to-city/

Off-Leash Dog Park Coming to Bozeman

by Tim Hart

 

 

 

 

 

A new dog park will be coming to Bozeman. The park will provide off-leash options, which is even better news for dog owners. The new park will be located at Rocky Creek Farm off of Frontage Road. Starting today, owners will be able to visit the fully fenced 2-acre park. The 2-acre park will allow for dogs off leash and is only the first phase in an effort to create a much larger dog park with both off leash and on-leash options. Soon, new trails will be created that will provide dog owners with on-leash hiking options as well. The park is now accessible thanks to West Paw Design, who finished installing a new bridge, opening up access to the park. West Paw Design also chipped in $6,000 worth of fencing and other small projects to get the dog park starting strong. Dog owners can now look forward to another beautiful park to take their dogs. Having a park with off-leash access will also provide the dogs with a fun, friendly environment to meet other dogs and not be constantly on-leash in public. Having a dog in the home has become even more worry free in Bozeman with this additional dog park, providing a place for home owners to get their dogs out of the house and burning some of that seemingly never ending dog energy.

Gallatin County Economy Continues to Thrive

by Tim Hart

Despite the fact that Montana’s economic growth rate has slowed in recent years, Gallatin County continues to maintain high economic growth. The county’s growth was driven by wages earned in the construction, manufacturing and service industries. From 2012 to 2013, the county added 2,500 jobs. That number was more than double any other county in Montana. Unfortunately, the amount of wages brought in was proportionally low at 28 million. Experts believe the low numbers simply reflect the generally lower wages that are given to these three sectors. But, the growth in the county still dwarfed the growth in any other Montana county.

For real estate, Gallatin County continued to look strong, coming in second for the most new housing startups. Gallatin County has plenty of potential for continued growth in this sector, as this data still only reaches to 76% of the pre-recession peak.

Source: Bacaj, Jason. “Gallatin economy growing, state slowing.” Bozeman Daily Chronicle. 6 August 2014.

Bozeman Education Taxes to Dip Slightly

by Tim Hart

New construction, continued growth in Bozeman and a larger tax base have allowed the City of Bozeman to lower property tax rates, but still spend more money on education. The Department of Revenue reported that the elementary district has grown by 2.74% while the high school district grew by 2.97%. These numbers reflect the positive growth in Bozeman over the last couple of years, as both construction and real estate seem to have fully recovered from recession. With a larger tax base, Bozemanites can expect to see lower property taxes, yet the schools should be able to hire up to 12 more teachers or counselors for this coming fall semester. The education budget has asked for 70.4 million to spend this year, which is up 1.8% from previous years. As more and more people move to Bozeman looking to raise families in the right schools, Bozeman schools have continued to shine. They have shined so much so that they continue to attract more families, bringing in more money to improve schools, which again attracts more families. Hopefully, this positive trend continues, and Bozeman can help foster the next generation of smarter, more creative leaders.

Bozeman has set up plans to add a 4 bay Tesla recharge station at the local Hilton. Tesla wants all of its drivers to be able to travel across the United States for free, a daring goal, considering rising gasoline prices. Tesla is building stations across major roads in the US and Bozeman seems to have fit the bill. Billings also added a Tesla station about a week ago. These super chargers can recharge a Tesla Model S in 20 minutes compared to an hour from a normal outlet.

Plans have been handed over to the city-planning department and they are waiting for approval. By adding the station, Bozeman can attract a wider variety of people into the city. Tesla owners crossing the country would have to go to Bozeman or Billings (if not both) if they wanted to go through Montana. And for local Bozemanites, owning a fully electric car has become much more feasible. Anyone looking to move to Bozeman now has fully electric alternatives to gasoline.

City of Bozeman Buys Land for Future Sports Complex

by Tim Hart

The City of Bozeman finalized the purchase of an 80-acre piece of land to build a new sports complex. They paid 2 million dollars for the land and will spend 7.5 million dollars in total to build the necessary infrastructure for such a complex. Bozeman plans on building 10 or 11 fields on 40 acres for the first stage of the project, followed by 7 or 8 more fields in the second phase. If private donors are able to raise enough money from private donations, then one of these fields would be turned into a turf field. The sports complex will cost half of the Park and Recreation Department’s budget, the most bond money given to any project like it. The sports complex will be in the same area as an aquatics center that has also been approved. The city will also improve the nearby roads to deal with future traffic, widening both Baxter Lane and Flanders Mill Road. Local residents can now look forward to a new place to pass the football, shoot hoops, or throw a Frisbee.

US Forest Service Acquires Sourdough Trailhead

by Tim Hart

The Sourdough Trailhead has new ownership. The US Forest Service, and specifically the Gallatin National Forest, has acquired the trailhead after seven years of negotiations. The previous owners, the Gallatin Valley Land Trust, donated the 5.9 acre piece of property containing the trailhead. Since 2005, they had put almost $200,000 into the infrastructure of the trailhead, improving recreational facilities and safety issues. Now, trail-goers will have unlimited access into the Custer-Gallatin National Forest from that trailhead because of the ownership change. In addition, putting such a trail under forest service watch will guarantee the preservation of Sourdough Trail for many years to come. One of the most popular trails in Bozeman, the trail sees a plethora of daily visitors and has become part of the lifestyle of all homeowners in the Sourdough/Kagy area. Visitors may not notice a difference between ownership. But they may notice their own peace of mind, knowing the land is now public, and that it won’t be in danger of development anytime soon.

In early June, the Bozeman City commission approved plans to partner with the YMCA to build a new aquatics center in Bozeman. The YMCA plans to build the land at Vaquero Parkway, a piece of land they already own. City commissioners approved the partnership, voting 3-2 in favor. The city also had the choice of either building the aquatics center at Rose Park with the YMCA, or without them, but instead chose to partner with them and build it near Regional Park. Regional park also provides locals with amazing opportunities such as the Dinosaur Park, two ponds, a beach and other facilities. The new aquatic center will only add to the fun and utility of this Bozeman park.

Displaying blog entries 1-10 of 115

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