The average sold price for single family homes in the Greater Metro Denver Area (Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, and Park) is up an average of 5% year over year! Weeks of inventory is down 1 week from this time last year. Average days on market remained the same. Interest rates are lower now than they were last February!
APPRAISAL
The 6th edition of The Dictionary of Real Estate Appraisal provides this definition of appraisal:
“An appraisal is a supportable and defensible opinion of value.”
Just a friendly reminder to move those clocks forward 1 hour. Yes, its that time of year again, when we exchange 60 minutes of sleep for 1 extra hour of sunlight (not a bad trade off in our opinion). While the official change occurs at 2 a.m. Sunday, local time, who wants to get up then? Set your clocks ahead before going to bed tonight.
PRICE: $575,000 REPRESENTED BUYER
BEDROOMS: 4 BATHS: 1 SQ FT: 2608
Well maintained and lovingly cared for, immediate move-in condition.
Formal entry, living room w/ gas fireplace, adj. formal dining room both w/ ample south light due to deep side-setback, bespoke window coverings included.
Charming kitchen with a most inviting windowed breakfast nook.
Three(3) bedrooms on the main level and a spa-inspired bathroom.
Basement is 67% finished w/ custom walls/recessed lighting. Additional non-conforming bedroom/office in basement, can easily accom. egress. Consider adding additional bathroom(s) on main-level and/or basement, PVC. Additional laundry area (W/D…
Christine Rapert is the owner of HouseHome LLC, based out of Littleton, Colorado. She holds multiple awards for Best of Houzz Denver. She was offered two appearances on HGTV renovation shows, and has designed over 100 spaces - resulting in all five-star ratings from clients. Several clients asked that she find a house for them to purchase that she believes would work best with her designs. She also stages homes for numerous realtors in the Denver area.
Christine loves all things design, whether it’s architecture / interior / furniture / clothing or graphic design. She always gravitates toward style and is thankful to share this passion with others through…
Searching for something to do this weekend? Look no further. Denver has art crawls, clothing swaps, brewery events, an air guitar championship and even Oprah! So step out there and enjoy our beautiful Mile High City and this wonderful weather!
https://303magazine.com/…/03/this-weekend-denver-events-142/
TENANCY
When two or more people take title to real property in Colorado, they must decide how title will be held. Generally, there are two ways to accomplish this--the parties can take title as tenants in common or joint tenants. It is very important to understand the difference between between these two types of co-ownerships.
TENANCY IN COMMON
A tenancy in common is a form of ownership in which each co-tenant owns a separate fractional share of undivided property. This means that each co-owner has the non-exclusive right to possession of the entire property. Each tenant in common holds a separate and distinct title, and is considered sole owner of his or her separate share. At the same time, each co-owner also has the right to mortgage,…
Not all agents work the same way. The most important attribute of an agent is that he/she is well connected to the real estate industry. He/she should know the market and provide information on past sales, current listings, his or her marketing plan, and at least 4 solid references. In addition, you also want to look for an agent that is honest, assertive, and one that best understands your needs.
Try to go with a local agent. They can better serve your needs because they should be more familiar with the local market conditions, local prices, and what’s hot or not in your community.
The weather is perfection and leap day only comes once every 4 years so get you there and celebrate! https://denverite.com/2020/02/28/things-to-do-in-denver-this-weekend-feb-28-mar-1/
