montana

Understanding Infrastructure’s Impact on Commercial Land Values

Matt Mellott | CCIM, SIOR Contact Matt Montana commercial land prices show significant variation, ranging from $10,000 to over $4.5million per acre in the first half of 2023. Many factors influence these prices, including locationand parcel size. A key factor in determining land prices is the availability of infrastructure. What is Infrastructure?Infrastructure encompasses facilities and […]

Understanding Infrastructure’s Impact on Commercial Land Values Read More »

Do Commercial Real Estate Agents Need a Special License? 

Claire Matten Contact Claire If you’re considering buying, selling, or leasing commercial property, you may be wondering if you need to find an agent with a special commercial real estate license.  In Montana, there is no specific credential required to buy, sell, or lease commercial real estate besides a basic real estate license – the

Do Commercial Real Estate Agents Need a Special License?  Read More »

Why is Housing Expensive in Missoula? Part 2

Why is housing so expensive in Missoula? Learn more in part 2 of Sterling CRE’s series on affordable housing. We’re answering questions like, what factors drive up housing prices? Matt digs into local data to show the trends guiding Missoula’s housing availability. Matt covers limited land, high building costs for developers, materials, and other factors

Why is Housing Expensive in Missoula? Part 2 Read More »

Why is Housing so Expensive in Missoula?

Affordable housing is a real concern for Missoulians. Missoula, as well as places like Bozeman, have seen housing prices rise precipitously in recent years.  In Missoula, the Office of Housing & Community Development reported that a majority of respondents said housing was too expensive in the 2020 Community Needs Assessment. What’s the deal with affordable housing in

Why is Housing so Expensive in Missoula? Read More »