Are You Wondering Whether to Invest in Ankeny or Des Moines Real Estate?
If you’re considering investing in Central Iowa real estate, you may be weighing the pros and cons of Ankeny vs. Des Moines. Both areas offer fantastic opportunities, but each has its own unique advantages depending on your investment goals. Allison Hart, a leading Realtor with the Allison Hart Home Team, provides expert insight into where your real estate dollars might go further.
Why Investors Are Eyeing Ankeny and Des Moines
Both Ankeny and Des Moines have thriving real estate markets, driven by strong local economies, job growth, and increasing demand for housing. Here’s a closer look at what makes each city an attractive investment option:
Ankeny, IA: A Growing Suburban Market
Ankeny has experienced rapid growth over the last decade, transforming from a small suburban town into one of Iowa’s fastest-growing cities. With its top-rated schools, family-friendly atmosphere, and expanding commercial developments, Ankeny has become a hotspot for homebuyers and investors alike.
Key Benefits of Investing in Ankeny:
- Strong Population Growth: Ankeny’s population has surged, increasing demand for both single-family homes and rental properties.
- New Construction Boom: Many new housing developments offer opportunities for investors to purchase brand-new properties with modern amenities.
- High Rental Demand: Due to its proximity to Des Moines and growing employment opportunities, Ankeny has a strong rental market.
- Quality of Life: Ankeny’s parks, recreation, and community events make it a desirable place to live.
Des Moines, IA: The Urban Investment Hub
As Iowa’s capital and largest city, Des Moines offers a diverse real estate market with opportunities ranging from downtown apartments to historic neighborhoods. Investors seeking multi-family properties, commercial real estate, or affordable rental housing may find Des Moines a better fit.
Key Benefits of Investing in Des Moines:
- Diverse Property Options: From affordable starter homes to high-end condos, Des Moines has a broad housing market.
- Job Market & Economy: Home to many major employers, including insurance companies, financial institutions, and tech startups.
- Strong Rental Market: Young professionals and college students drive demand for rental properties, particularly downtown and in neighborhoods like East Village.
- Cultural & Entertainment Scene: With theaters, music venues, restaurants, and nightlife, Des Moines attracts a vibrant tenant pool.
- Public Transportation & Walkability: Downtown Des Moines offers easy access to amenities, making it a prime location for rental properties.
Investment Comparison: Ankeny vs. Des Moines
| Factor | Ankeny | Des Moines |
|---|---|---|
| Property Prices | Higher due to demand and new construction | More affordable options, especially older homes |
| Rental Demand | Strong, particularly for families and professionals | Strong, especially for young professionals and students and families |
| Market Stability | Steady growth with new development | More variability but opportunities for high returns |
| Job Market | Growing, with expanding local businesses | More established, diverse employment base |
| Lifestyle Appeal | Suburban | Urban, walkable, and entertainment-driven |
Which Market is Right for Your Investment Goals?
- If You Want Long-Term Growth: Ankeny’s steady population growth and new development make it a solid choice for long-term appreciation.
- If You Prefer Affordable Entry Points: Des Moines has lower property prices, allowing investors to enter the market at a lower cost.
- If You’re Looking for Rental Income: Both markets are strong, but Des Moines may offer higher rental yields due to lower property costs.
- If You Want a Suburban Investment: With the higher cost of entry to the market, Ankeny is ideal for buy and hold investors.
- If You’re Interested in Urban Living: Des Moines provides better opportunities for short-term rentals and multi-family investments.
Final Verdict: Ankeny vs. Des Moines – Where Should You Invest?
Both Ankeny and Des Moines have strong investment potential, but your choice depends on your goals. If you’re seeking long-term appreciation, Ankeny may be your best bet. If affordability and rental income potential are your priorities, Des Moines could offer greater flexibility.
Work with Allison Hart for Expert Real Estate Guidance
Navigating the Ankeny and Des Moines real estate markets requires local expertise. Allison Hart and the Allison Hart Home Team are here to help you make the best investment decision based on your unique goals. Whether you’re a first-time investor or expanding your portfolio, we provide the insights and resources you need.
Contact Allison Hart today to discuss your real estate investment opportunities in Ankeny and Des Moines!
Phone:515-210-5198
Email: [email protected]
Web: allisonharthomesales.com
