News from the Knoff Group

Belgrade residential impact fees to double

The city has held off for 12 years on instituting the full recommended total in order to spur development. Belgrade is the ‘new frontier’ for new construction – it will be interesting to see how this affects pricing in an already accelerating market Belgrade residential impact fees to double Belgrade News, Michael Tucker, editor May …

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Market Update: Q1 2019 Year Over Year Breakdown

Please enjoy our quarterly Southwest Montana real estate market analysis and breakdown of statistics for Quarter 1 2019 as compared with the previous two years. Single Family Homes Single family homes are seeing continued median sales price appreciation across most areas of the market with the exception of Big Sky which had a drop as …

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City of Belgrade considers forming park district

Belgrade’s park haven’t been focused on for some time. A park district that extends out of city limits may be a hard sell unless there are resources within the parks that draw people to the city core. City considers forming park district by Dennis Gaub, BELGRADE NEWS Mar 7, 2019 Although Belgrade has an estimated …

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Belgrade School bond passes

This is big news for Belgrade Schools – Belgrade is experiencing the biggest new construction boom in its history and there is huge need for expansion. Belgrade School bond passes Belgrade News Staff Report Feb 27, 2019 Belgrade voters approved a $48 million bond Tuesday to heal growing pains experienced by the Belgrade School District. …

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Market update: Q3 2018 statistics and commentary

Overall trends – Quarter 3 2018 as compared to previous year. Single Family Higher median sales price – increases between 9-20+% Fewer properties selling for more money Days on market are up as prices climb City of Bozeman $442K!, Outside city limits $575K, Belgrade $322K, Manhattan $392K, Big Sky $1.5M Livingston $275K. Sales volume is …

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Q2 2018 Y/Y Real Estate Market Update

Knoff Group Quarter 2 2018 Year over year market update and report     Single Family Homes City of Bozeman is seeing the same reduction of inventory that is being seen in other markets – lack of quality inventory is pushing pricing higher and creating high buyer demand for well-priced properties. Median sales price has …

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Belgrade cheers changes to liquor license laws

This is a huge step for the service sector in Belgrade – hoping to see some new inspired restaurants and bars enter the scene as a result of this change. Belgrade cheers changes to liquor license laws by Freddy Monares, staff writer Dec 21, 2017 Belgrade News A bill that passed during the special legislative …

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