Intro to Bozeman

What Should Affordable Housing Look Like in Bozeman?

by Liz Nitz

Affordable Housing In Bozeman

Affordable housing in Bozeman is one of the biggest issues right now.  Affordability feels especially critical because of how tight the market has become since the pandemic. A huge influx of out-of-town buyers helped drive inventory down to record lows and prices up to record highs. The median price of a home in Bozeman is now up to $615,000 according to the latest Gallatin Association of Realtors Market Watch. 

The city commission recently approved a future growth plan that will increase the city’s footprint from 20.4 square miles to 70.8 over the next 20 years. As Bozeman grows, there will be opportunities to provide more affordable options. But it’s not just about the housing itself. I believe it’s also important to consider the bigger picture of creating healthy and thriving communities. Let’s take a look at what affordable housing should look like in Bozeman.

 

More Missing Middle Housing

Pictured is an apartment complex on the corner of Koch St. and Third Avenue. This multi-unit courtyard building sits right in the heart of the historic district in downtown Bozeman and blends in well with the single-family homes around it. It’s a great example of missing middle housing, which is defined as a type of housing that sits in the middle between detached single-family homes and mid-rise to high-rise apartment buildings. Missing middle housing often makes neighborhoods that would otherwise be out of reach more affordable. Many of the really nice, well-planned subdivisions in Bozeman like West Meadows, Flanders Mill and Valley West also feature smaller townhomes and missing middle options in their communities.

 

More Mixed-Use Neighborhoods

A mixed-use neighborhood is one where residential and commercial buildings intermingle in a way that encourages walking, biking, social connections and a real feeling of community. There is an organic vibrancy and diversity to mixed-use neighborhoods if they’re done right. The historic districts in downtown Bozeman are a great example. Take a walking tour and you will see lots of examples of missing middle housing options like duplexes, fourplexes, cottage courts and courtyard buildings mixed in with modest, single-family homes and multi-million dollar mansions. And best of all, the retail, restaurants and coffee shops on Main Street are just a quick 10- to 15-minute walk or bike ride from your door. The result is an engaged and lively neighborhood where college kids and young families mingle with empty-nesters and elderly neighbors.

Some great information on missing middle housing and mixed-use neighborhoods can be found at:

www.bluezones.com 

www.missingmiddlehousing.com 

In a future post I will highlight the new Bridger View project that was recently approved by the city commission. It will feature 31 market-rate homes set aside for working families in Bozeman who have been priced out of the market. If you’re a first-time homebuyer or just have questions about the Bozeman market, feel free to contact me at liz@windermere.com.

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The following homes listed below were just listed in the last 7 days. This seller’s market is hot so we keep a close eye on the latest inventory. Subscribe below for instant updates of your ideal criteria.

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334 Herstal Way, Bozeman, Montana 59718

334 Herstal Way, Bozeman, Montana 59718

4Bedroom(s)
1Bathroom(s)
0.08Acre
2,096Sqft
Form & Function are on display in this concise and well-appointed plan by Higher Standard Homes. Living room with laminate hardwood seamlessly flows through the dining area and into the kitchen which features quartz counter tops, stainless appliances, modern Bellmont cabinets and large slab island. Upper level boasts spacious master with dual vanities, tile surround shower and walk-in closet.
$719,900

3010 W Villard Street 1F, Bozeman, Montana 59718

3010 W Villard Street 1F, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
1,308Sqft
Well maintained and move-in ready upper level 3B/2B condo in Morgan Creek. This home also has a 1 car detached garage and spacious bedrooms. Fantastic central Bozeman location.
$415,000

391 Annie Glade Drive, Bozeman, Montana 59718

391 Annie Glade Drive, Bozeman, Montana 59718

4Bedroom(s)
2Bathroom(s)
0.30Acre
2,529Sqft
This lovely, light-filled home in Elk Grove is located at the end of cul-de-sac on a larger lot with a beautifully landscaped & fenced yard that backs to open space. This well-appointed home includes 4 bedrooms, 2.5 baths plus office and guest cabin. The main level master features a large ensuite bathroom with soaker tub. Beautiful hardwood floors cover the main living spaces and bedrooms.
$749,000

1028 Boylan Road, Bozeman, Montana 59715

1028 Boylan Road, Bozeman, Montana 59715

3Bedroom(s)
3Bathroom(s)
0.24Acre
2,712Sqft
Fantastic and flexible single level floor plan in Bridger Creek Subdivision is under construction and expected to be completed by mid-March 2022. High quality finishes include an extensive cabinetry package, custom built ins, tile, luxury vinyl flooring and quartz counters. Matte black fixtures enhance the sleek modern flair of this 2700 + Sf home.
$995,000

1045 Boylan Road 3, Bozeman, Montana 59715

1045 Boylan Road 3, Bozeman, Montana 59715

3Bedroom(s)
3Bathroom(s)
2,205Sqft
Great condo in a great location! Situated on the number 6 hole on Bridger Creek Golf Course, this light filled condo is central to all that is great about living in SW MT! Minutes to downtown Bozeman, surrounded by trails, and easy to hop on the walking or bike path to the M and Drinking Horse Mountain. Golf all summer and xc ski on the groomed trails out your back door all winter.
$775,000

2400 Durston 8, Bozeman, Montana 59718

2400 Durston 8, Bozeman, Montana 59718

3Bedroom(s)
2Bathroom(s)
1,755Sqft
Beautifully updated and move in ready, single level home in the desirable Willwobrook Condos. This home features a large master suite w/walk-in closet, private fenced patio and a remodeled 3/4 bath with gorgeous walk-in shower. Luxurious new wool carpet. Granite counters in kitchen and 2nd bath. Kitchen features newer stainless appliances, pull outs in lower cabinets and a sizable pantry.
$725,000

6651 Gooch Hill Road, Bozeman, Montana 59718

6651 Gooch Hill Road, Bozeman, Montana 59718

4Bedroom(s)
3Bathroom(s)
6Acre
3,908Sqft
Great horse property just minutes to downtown. This home has had many updates, including new paint, flooring, fixtures, hardware, lighting, bathroom etc. in 2021/2022. Perfect set-up for the horse lover, with multiple pastures, barn with stalls, tack area, hay storage, round pen, and various outbuildings. 4 beds and 3.5 baths in the house gives you plenty of room.
$1,895,000

305 Michael Grove Avenue 2A, Bozeman, Montana 59718

305 Michael Grove Avenue 2A, Bozeman, Montana 59718

2Bedroom(s)
2Bathroom(s)
953Sqft
Single-level, 2-bedroom 2-bath, newly painted, ground floor, corner unit condo with lots of natural light from north and eastern-facing windows. Open concept living and dining area, opening up to small patio. Main entry is a preferred south facing entry. Condo has central air conditioning(!), a 1-car detached garage with loft storage, and a reserved parking space.
$340,000

439 N 10th, Bozeman, Montana 59715

439 N 10th, Bozeman, Montana 59715

4Bedroom(s)
1Bathroom(s)
0.18Acre
2,200Sqft
GREAT LOCATION! Close to Bozeman Senior High School 4BR 2BA Rancher with full basement and CONVERTED SHOP to a 400SF+ STUDIO/COTTAGE, additional living space in the backyard. Studio has 3/4 bath, small kitchenette w/sink, AC/Heat Mini split, stacked W/D, gas stove heater and walk-in closet. EXTRA PARKING accessed from alley.
$685,000
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Windermere Downtown logo Bozeman Real Estate Agent Liz Nitz

Windermere Downtown Bozeman

135 E Main St.

Bozeman, MT 59715

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