In Niagara Falls, you’ll find yourself surrounded by beautiful waterfalls, vibrant green spaces, and a thriving neighborhood– but this area isn’t just for visitors! It’s also a great place to live. The real estate market is booming, and it may seem hard to find your dream home, but don’t worry. Our guide covers all you need to know, from finding and buying property to things to see and do locally.
The Appeal of Niagara Falls
Niagara Falls has much more to offer than being just a natural wonder with its deafening roars, endless cascades, and over 48,000 residents. What makes the place unforgettable is that while there’s beautiful scenery enough to take your breath away, it also feels like one very lively city– making it an appealing spot popular among tourists who come from every corner of the globe!
People from around the world are drawn to Niagara Falls because of its incredible quality of life. Who wouldn’t want to live with beautiful waterfalls and views all around them? In addition to natural beauty, there are plenty of other reasons why living here is so great, including fantastic shopping options, dining opportunities galore, and lots of museums and cultural festivals! Residents can enjoy a wide range of outdoor activities by visiting parks such as Whirlpool State Park and Niagara Falls State Park. There are also some great schools here, including Harry F Abate Elementary School and Maple Avenue Elementary School. With so much on offer, it is little wonder that this area attracts residents who want to enjoy and thrive!
Economic Opportunities
In Niagara Falls, there are a lot of economic opportunities for residents as well as investors. The city has significant employers in the tourism, health care, and manufacturing industries. Two examples of well-known companies that have offices here are Seneca Gaming Corporation (which is part of a group ranked among the top 500 most successful businesses in the USA) and Sheraton Niagara Falls Hotel.
Since Niagara Falls has a stable job market and its unemployment rate is at par with that of other American cities (6%), people who want to work can usually find jobs here. This creates an environment that looks good for both developing a career (for individuals) and starting a business (if you’re an investor).
The Real Estate Market in Niagara Falls is Growing
Affordability and Value
If you’re considering buying property in Niagara Falls, it’s important to think about affordability and value. The good news is there are lots of great homes available in this lovely town! Some of the most popular neighborhoods to settle down are:
- Port Dalhousie: Port Dalhousie has beautiful lake views and an inviting community vibe. It blends old-world charisma with new conveniences, making it perfect for people at any stage of life who want both peace and action near home.
- Chippawa: Chippawa also draws plenty of interest from folks shopping for houses; they like its cozy small-town atmosphere and the fact that residents are tight-knit. Tree-lined streets plus good upkeep on properties make Chippawa an affordable option!
- University Heights: If you want a lively urban lifestyle, University Heights is the place to be. Situated close to the University at Buffalo campus, this area gives residents easy access to university facilities and a range of local entertainment venues.
- Lundy’s Lane: For those who prefer suburban life, Lundy’s Lane could be an attractive choice. Here, you can find single-family houses as well as townhouses– and property prices are reasonable, too.
Real Estate Market Insights
There is a surge in the housing market in Niagara Falls, NY. On average, home values have gone up by 6.6% over the last year, and it only takes 11 days for properties to go from listing to pending.
This indicates high demand for housing in the region— as well as significant potential when it comes to investment opportunities. In addition to a robust rental market that serves many different groups– including students, tourists, and young families– there are also various exciting development projects underway. For example, the Rainbow Centre Mall is being redeveloped, while new tourism schemes could help push up property values even more!
Living in Niagara Falls
Cultural and Recreational Activities
Niagara Falls, NY, is famous for more than just its stunning waterfalls; it also has a lively cultural scene and lots to do. For example, people can visit the Castellani Art Museum to see modern art or check out history at places like Niagara Aerospace Museum— which displays things like missiles and aircraft.
Outdoor lovers have plenty of options, too, including cycling down Riverwalk Trail or kayaking in Lake Ontario. If you prefer birdwatching, Whirlpool State Park is perfect; for hiking, try Devil’s Hole State Park. There is an activity for everyone around Niagara Falls– so why not come and explore for yourself?
Education and Healthcare
Residents of Niagara Falls have access to excellent schools and opportunities for advanced education. The area has a strong schooling system with public and private options– all of which have great academic programs.
The city boasts some top-rated schools like Niagara Elementary School, Maple Avenue Elementary School, and Niagara Catholic High School. When it comes to higher education, one standout choice is Niagara University!
Niagara Falls boasts an outstanding healthcare system, too, which guarantees top-notch service provision to its residents. There are several state-of-the-art hospitals in the city, including Mount St. Mary’s Hospital and Niagara Falls Memorial Medical Center, where patients can access a wide range of medical treatments.
In addition, there are numerous government schemes designed to promote total coverage that helps keep prices down while still providing people in the area with quality care when they need it.
Community and Lifestyle
Niagara Falls boasts a tight-knit community whose members are not just friendly but welcoming, too. Its residents can also take advantage of some lovely parks and trails, which are great if you like walking in the fresh air while enjoying scenic views.
On top of that, there are loads of events such as cultural festivals plus farmers’ markets- so lots going on to which everyone is invited; overall, it’s a lively place where people enjoy coming together.
Residents highly recommend dining at De Dee’s Dairy and La Tavola Trattoria for their delicious food. If you love coffee, head to Power City Eatery or Third Street Retreat. Urban Wanderlust is great for unusual clothes shopping; Niagara Falls Outlet Mall has big discounts on well-known brands, too!
Transportation and Accessibility
In Niagara Falls, you can see some of the world’s most stunning waterfalls– and it’s easy to get there too! Whether you like driving, flying or going by train, this city has lots of transport options.
There are two large airports nearby- Buffalo-Niagara International Airport and Niagara Falls International Airport– and public transport services are provided by NFTA (Niagara Frontier Transportation Authority), so getting around is fine.
And because of the well-designed interstate highways running through the city— specifically I-90 and I-190— it’s easy to get around quickly in the city. Also, unlike many big cities, this place isn’t very crowded, so you usually don’t have to worry about traffic congestion, all of which makes daily commutes a breeze!
Overall Conclusion on Living and Buying Real Estate in Niagara Falls
In conclusion, residing in and purchasing property in Niagara Falls, NY, has many advantages. The city appeals to young professionals seeking jobs because of its strong community feel, affordable cost of living, and overall quality of life.
Furthermore, families and retirees can rest assured knowing that this lively city offers a secure environment to call home. What’s more, given the healthy real estate market, buying property here is a wise move as you can craft your ideal lifestyle while seeing your investment appreciated.
