Homeowners November 20, 2020

Remodeling Impact

Man Remodeling Kitchen

 

Americans spend $400 billion per year remodeling their homes.

So, which remodeling investment gives the best return when it comes to resale value?

It should come as no surprise, especially leading up to Thanksgiving, that the best money to spend upgrading your home is in the kitchen.

It’s the place where most homeowners spend most of their waking hours.

According the research from the National Association of Realtors, it’s where remodelers will see the biggest return on investment.

Here is the ranking of various projects in terms of the value it adds to the home:

1. Complete kitchen remodel
2. Kitchen upgrade
3. HVAC replacement
4. Owner’s suite renovation
5. Bathroom renovation
6. Finishing a basement
7. Adding a bathroom

Colorado Economy December 2, 2019

Grateful For

Here’s something to be grateful for…

Colorado’s healthy real estate market!

The research continues to show that there is no better place to own real estate over the long term than right here in our own backyard.

The Federal Housing Finance Authority tracks real estate prices in close to 300 markets across the Country. We frequently use their Home Price Index as a trusted source to study the market.

According to their data, Colorado ranks as the #1 state for home price appreciation over the long term, better than any other place.

We are thankful for that!

Northern Colorado Real Estate November 27, 2019

Why You Should Buy a Home at the End of the Year

If you have ever thought about owning a new home, the last two months of the year are usually the best time to make that happen.

Here’s Why…

Many builders have year-end goals and sales quotas to hit. If they have a “standing inventory” of homes that are completed but not sold, they are typically motivated to sell these homes by the end of the year.

This dynamic can be especially true for publicly-traded builders who are even more motivated to hit year-end sales numbers.

Up and down the Front Range there are beautiful new homes in fantastic neighborhoods. The builders of these homes may be happy to make concessions and provide incentives as long as you close by year-end.

We just recently helped a buyer with a very compelling incentive package from a builder which included a lower price, additional landscaping and window coverings.