Unfortunately, the same can't often be said of the standard 50's ranch in Denver. However, I would say a good majority of the buyers that start out looking for the sexy home, end up buying a 50's ranch because it offers so much more space and a more usuable floor plan. When we get to this point I try to offer my buyers the option of a 50's ranch and give ideas on how to improve the curb appeal to achieve the…
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Is Another Seller's Market Coming?
Currently, in the City of Denver, there are less than three months of housing inventory on the market, and the average home is on the market for only 40 days. That’s in contrast to this time last year, when there were four months of inventory and homes were, on average, selling in 60 days. Common real estate wisdom suggests that when inventory numbers drop to less than a six month supply, it’s a ‘sellers’ market.’
(Find out more about this property here.)
So, if you’re thinking of selling your house, now is a great time. At the beginning of 2013, housing prices were predicted to increase around 3%. Instead prices skyrocketed with a 12% rise in the Denver area. Will we have that same kind of growth this year?…
In the past few years I've had the pleasure of helping a handful of clients buy and sell age-restricted housing, which typically requires at least one member of the household to be 55+ years old. My clients and I have been shocked at the dearth of available housing. So it's no surprise that this type of housing is at a premium.
A condo I recently sold in popular Centennial at Riverwalk sold in 2 days for full price. Following the contract, I received several calls from agents whose buyers have been looking for months and not finding much in the affordable range (under $300,000). This particular 2b/2b unit with 2 underground parking spaces went for $185,000. Similarly sized duplexes and single family homes in communities such as Heritage…
Tax Tips for Home Sellers
Tax season is approaching fast, and for those who sold a home this year, it's important to start thinking about how this may impact your taxes. Below are several of the need-to-know facts about tax season for home sellers.
Under $250,000? You may be able to exclude gains. Just because you profited on your home sale does not mean you have to pay taxes on it. In fact, if you're eligible to exclude your gains, you don't even need to note that you sold your home at all when you file.
To be eligible, you need to have made a profit of less than $500,000 on a joint return or $250,000 on an individual return, and the home must have been your primary residence for at least two years prior to sale.
You may not have to report…
Investment properties are in HOT demand in the Denver metro area...and this sweet little bungalow in Bonnie Brae is a perfect example!
With inventory still ridiculously low, investors and buyers who are willing to put in some sweat equity or some cash to see a great return on their investment are hungry for properties with potential...and this sweet property meets the ideal formula...untouched, well-maintained, and surrounded by high-end properties in a very popular, city-close neighborhood.
2929 Ohio Way Denver CO 80209.
2 Bedrooms. 1 Bathroom. 1067 Square Feet.
Listed by Nicole Winsauer for LIVE Urban Real Estate.
If you would like more information about this property, would like to submit a backup offer, or would like to…
What are the ten most popular neighborhoods in Denver? One way to find out is to look at what the ten most searched neighborhoods in Denver are right now. To find out on a broad scale, I turned to one of the more searched websites for Real Estate, Trulia.com. According to Trulia, here are the ten most searched neighborhoods for 2013 in Denver.
|4||Green Valley Ranch|
Looking at the list, I'm a little suprised by the order. Most of these, with the exception of maybe Green Valley…