Are you in the market for a new home? Are you looking for something affordable? The least expensive dwelling in Grand Junction is for sale right now, and you could walk away with this for under $30,000.00.

I can remember a time when you could by a nice three-bedroom two-bath house in Grand Junction for around $30,000.00. Yeah, it was 1970, and I was two-months old. Nowadays, even a modest house will run you at least $150,000.00. Believe me, I know. In addition to my own house, I own a number of comparable income properties. Why? Because I'm stupid.

This unit is on the market (pending) and comes in at the sweet price of $29,200.00. Take a little tour.

I hate to sound envious, but the living room, the bathroom, and the master bedroom are all far nicer than what you'll find in my house. Rest assured, I paid a LOT more than $29,900.00.

Let's crunch a few numbers and see how much this place is going to ultimately cost you.

Assuming a down payment of $4,485, with a mortgaged balance of $25,415, your monthly payment on a 30-year fixed rate mortgage at 3.75% would be: $118 per month.

Let's say your credit is not so good, and you can't get that rate. Your monthly payment on a 30-year fixed rate mortgage at 5.75% would be $148 per month.

For those of paying closer to the $1,000 a month range, this looks like a pretty good deal. A single-person apartment in Grand Junction will cost you at least $600 per month.

Check this property out at 516 31 1/2 Road in Grand Junction. As of January 5, 2018, it's the least expensive dwelling on the market in Grand Junction. Perhaps this is the way to go. Think of all the things you could with the money you aren't forking over for rent or mortgage.

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