Tips for Home Sellers

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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…
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Denver's inventory of available property is very, very low.  If homes are priced right and show well, they are in many cases receiving multiple offers and selling for more than they are listed for in the first few days on the market.  Unfortunately, many homes do not even get listed, and are sold as pocket listings.     We asked several LIVE Urban agents what their active buyers are looking for and put together the following list of Buyer Needs.  There are home-shoppers in every price range and looking all over the Denver Metro area.  If you have a home that might match one of these needs, or if you are thinking of selling, please contact one of these LIVE Urban agents, who can help you to determine what your house might sell for, and how…
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  The Denver market continues to heat up, and this sweet little Platt Park home is a great example...Under Contract in 2 Days, thanks to the hard work put in by LIVE Urban agent Paul Kourkoulis.   What does it take to sell a house so fast?  We asked Paul....   "There's a few reasons why I think Pearl St received multiple offers and went quick.  First is it's on a great block in a desirable neighborhood.  Walking to so much that's quality is huge reason.  Second, we priced it right and there's nothing under $300 in the Platt Park neighborhood.  Third, it showed very well.  I put it in the mls at 10 am on Saturday and held it open at 1pm.  Three of the groups that came through the open house ended up writing on it.  Location (top notch), price…
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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

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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.

$350,000.

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

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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.

1 Stapleton
2 Capitol Hill
3 Cherry Creek
4 Green Valley Ranch
5 Speer
6 Five Points
7 Congress Park
8 Highland
9 Cheeseman Park
10 Virginia Village

Looking at the list, I'm a little suprised by the order. Most of these, with the exception of maybe Green Valley

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It feels like my kitchen remodel has been going on forever, and it has, pushing two months now. Luckily, the cabinets and granite are in now and it is finally feeling like the end is in site. The granite instillation is more complicated and fun than I thought so I wanted I would share the process so you know all that is involved.

Once the cabinets arrived, it only took a day to have them in place. Once they were in place, the granite fabricator can come out and do their templating. I figured it would be a guy with a tape measure but I was sure wrong. Instead, the fabricator set up a tri-pod with a laser and outlined the entire countertops to perfection on his Ipad.  

Once the template was done, we then headed to the fabrication shop and sat down

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How important is staging to selling your Denver home? I firmly believe that it might be the most important single factor you can do to get top dollar for your home. I am always amazed by what a difference staging makes, even with homes that I think show perfectly and don't need a thing done. The major reason is that how a buyer looks at your home is going to be completely different than how you live in your home. Even if your home is Pottery Barn perfect, it may not be presented to the buyer in a way that they can see themselves living there and that is the beauty of staging. 

In homes with furniture already in them, staging is usually a pretty simple and painless process. I can't recommend Annette Knutson with It's Showtime Staging highly enough.

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Mayfair is a very hip neighborhood that includes a Krishna temple and vegetarian restaurant, eclectic architecture and a diverse population.  

The neighborhood plays host to a garden tour, the Denver Mod Living event,  Dog Daze parade and community concerts in the park. Tucked between Colfax, Monaco, 6th Ave and Eudora street, this micro neighborhood has become a neighborhood desirable to developers who are scraping small homes to build very large custom homes with a variety of architectural styles.  

Tucked among the new construction are mid century ranches with big yards and mature trees, Spanish style homes and century old Victorians.


121 Sold Properties

Median Sold Price: $ 375,000

Average Sold Price Per Square Foot: $ 289

Lowest

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We have now been living with the remodel for 5 weeks and believe me, are ready for it to be done. Unfortunately it looks like we won't be finished until early December now and not back upstairs in time for Thanksgiving which was our original goal. If things had gone as planned, the electricians would have come first, followed by the plumber, the hardwood floor company, the drywallers and finally the cabinets. As you can imagine, it has not gone as planned and the moral of this blog is that while a contractor will try to keep everything on schedule, expect things to not go as planned and that you are going to have to be very flexible along the way.

As of today, this is how our kitchen looks which is a huge improvement over a week ago. The cabinets have

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