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Elevation Realty
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Hilltop West 2016 Q4 Market Trends in Denver: Hilltop West, the neighborhood that borders Colorado Blvd. and Alameda Ave. has some of the most coveted real estate in Denver. In the fourth quarter of 2016, these beautiful homes had an average sold price of $1,130,598 with an average ask price of $1,180,662 - a -3.8% average discount of sold listings. The houses in this area spend an average of 57 days on the market, which is a bit longer than other neighborhoods in Denver. The Hilltop West neighborhood is a prime location, with excellent schools, markets, bars and restaurants. For more information about buying in this area, contact the staff at Elevation Realty! http://observatoryparkrealestate.net/blog/10807/Hilltop-West-2016-Q4-Market-Trends-in-Denver?utm_source=dlvr.it&utm_medium=gplus #blog
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University Park 2016 Q4 Market Trends in Denver: The market trend update for the University Park neighborhood during the 4th Quarter of 2016 includes an uptick in housing prices. Since 2007, there was a drop in housing prices between 2008 and 2011, with a increase in housing prices over the past 5 years. For the 4Q 2016, there were 17 active listings, 9 under contract listings, and 20 listings sold. The average sold price for a home was $996,607.  University Park is a popular neighborhood especially with University of Denver near by. It is located on the south side of I-25 and north of Iliff Ave. It borders University Blvd. and Colorado Blvd. There are several shops and restaurants near by for after work happy hours or dinners out on the weekends. With easy access to I-25, University Park is an ideal place to work. If you would like to learn more about the neighborhoods in Denver, contact the staff at Elevation Realty. They have a lot of experience in home buying and selling in Denver and can help you find the home of your dreams. Call them today at 303-579-3566.  http://observatoryparkrealestate.net/blog/10775/University-Park-2016-Q4-Market-Trends-in-Denver?utm_source=dlvr.it&utm_medium=gplus #blog
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University Hills 2016 Q4 Market Trends in Denver: University Hills is a growing neighborhood on the south east side of Denver. In the 4th quarter of 2016, University Hills had three active listings, nine listings under contract, and there were 36 listings sold. The average sold price of a home was $505,929.  This area has become more popular due to its proximity to the Light Rail system, just minutes from Cherry Creek and Downtown Denver. Since 1995, home prices have risen around $300,000, with an average price of active listings around $824,667. If you're looking to buy or sell a home in the University Hills neighborhood, contact Dave Easton at Elevation Realty. He can update you about all the latest neighborhood trends and help find a beautiful Denver home for you. Call him today at 303-579-3566.  http://observatoryparkrealestate.net/blog/10774/University-Hills-2016-Q4-Market-Trends-in-Denver?utm_source=dlvr.it&utm_medium=gplus #blog
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Montclair 2016 Q4 Market Trends in Denver: Residing on the South side of Colfax and East of the Hale neighborhood, Montclair is another Denver hot-spot for real estate. With the average home price increasing more than $350,000 in 10 years, sellers in this neighborhood have greatly profited from the sale of their home. In Q4 there were 15 active listings, seven under contract listings, 33 listings sold, and the average sold price of a home was $576,205.  More interestingly is the average price of active listings in Montclair was $797,113, more than $200,000 off from the average sold price of a home in the area. Seemingly, there are many different sizes and qualities of homes in this area. If you're looking for something in your budget, Montclair has a range of options.  Contact Elevation Realty to help you in your Denver housing search. Dave knows all the best neighborhoods and areas and can help you find the home of your dreams.  http://observatoryparkrealestate.net/blog/10773/Montclair-2016-Q4-Market-Trends-in-Denver?utm_source=dlvr.it&utm_medium=gplus #blog
Montclair 2016 Q4 Market Trends in Denver
Montclair 2016 Q4 Market Trends in Denver
observatoryparkrealestate.net
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Lowry Field 2016 Q4 Market Trends in Denver: The market trend update for the Lowry Field neighborhood shows a rapid increase in housing prices from 1995 to 2016. There are currently nine active listing in this area with four listings under contract. There were 24 listings sold in the fourth quarter of 2016 with an average sale price of $725,154. These homes spend an average of 30 days on the market.  Lowry Field is a popular area in Denver for families. It is a great neighborhood because there is so much to do. With open spaces for outdoor activities to bars and restaurants to the Common Ground Golf Course, you won't be bored living in Lowry. Next time you're in the area, stop by the Lowry Beer Garden to grab a few drinks in their relaxing outdoor space or spend time at Wings Over The Rockies Air & Space Museum.  If you're looking to settle in the Lowry area, contact Dave at Elevation Realty. He can help you find the home of your dreams and in your budget.  http://observatoryparkrealestate.net/blog/10772/Lowry-Field-2016-Q4-Market-Trends-in-Denver?utm_source=dlvr.it&utm_medium=gplus #blog
Lowry Field 2016 Q4 Market Trends in Denver
Lowry Field 2016 Q4 Market Trends in Denver
observatoryparkrealestate.net
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Have you ever wondered why some homes have large for sale signs in their yards, while others have smaller signs that simply say "for sale by owner"? If a seller chooses to work with an agent to sell his home, the agent will place a large, branded sign in the yard to advertise that the home is available. But, some homeowners try to sell their home without an agent's help, and in this case the home is referred to as being "for sale by owner." If you're considering buying one of these homes in Observatory Park, here's what you should know: It may be difficult to negotiate. There are many reasons why a seller would choose to sell his home on his own rather than work with an agent. One reason is that he does not want to pay an agent's commission after the deal is over. Another could be that he does not agree with the value that local real estate agents have placed on his home. What does this tell you? Money is very important to these sellers. Because of this, it may be much more difficult to negotiate a fair price for a home that is being sold by the owner. If you're seriously interested in a home, ask your agent to be direct with the owner and find out if there is any wiggle room in the price. If he's not willing to come down at all, don't waste your time submitting an offer unless you are willing to pay full price. Always get an inspection. You never want to assume that someone is trying to hide a major problem with a home, but you shouldn't trust someone you don't know, either. It's always important to get a home inspection before closing, but even more so when you're buying a home that is for sale by owner. If the owner makes a fuss about you asking for an inspection, this is a red flag that you should think twice about purchasing the home. Here's what to know about the home inspection. Ask your agent to hold the seller accountable. Unless the seller is a licensed real estate, he may not be familiar with the legal duties of a seller in the state of Colorado. It's up to your agent to hold the seller responsible and ensure he complies with the law. For example, sellers in Colorado have to provide buyers with a disclosure statement that covers whether the property is in a special taxing district, the home's source of drinkable water, and any new transportation projects that may be taking place in the community. Make sure your agent stays on top of the seller to ensure he is fulfilling all of his legal obligations.   When in doubt, it's best to trust your agent's advice. If you're ready to find a home that fits all of your needs, contact the professionals! Contact Elevation Realty to be connected to a team of experienced real estate experts ready to help you on your home buying or selling journey. http://observatoryparkrealestate.net/blog/10777/Buying--For-Sale-By-Owner--Homes-in-Observatory-Park?utm_source=dlvr.it&utm_medium=gplus #blog
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Hilltop East 2016 Q4 Market Trends in Denver: In the fourth quarter of 2016, Hilltop East average housing prices have almost made a come back to their 2007 home value. With 20 homes sold in this quarter at an average price of $896,848, it is easy to see that this neighborhood is considered one of the pricer in the Denver zip code. Located near what once was part of the Buckley Airforce Base, bordering Severn Ave, E. Alameda Ave. and Holly Street divides East Hilltop from West Hilltop. Denver's Hilltop East was developed during the nineteen-forties and nineteen-fifties. Many of the homes in this area split-level and made out of brick, on medium sized lots. Many developers took advantage of the real-estate boom in Denver in the 1990's and practiced lot-splitting, changing the architecture and elegnace of the neighborhood.    For more information about Hilltop real estate and the Denver housing marketing, visit Elevation Realty and talk to Dave! http://observatoryparkrealestate.net/blog/10771/Hilltop-East-2016-Q4-Market-Trends-in-Denver?utm_source=dlvr.it&utm_medium=gplus #blog
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Goldsmith 2016 Q4 Market Trends in Denver: During the 4th quarter of the Denver real estate market, the area of Goldsmith had approximately 7 active listings with an average price of $531,971. The under contract listings had an average price of $469,714 - compared to sold listings with an average price of $467,628 with 18 sold properties during this quarter.  On average, the asking price for sold listings was $465,404 with a discount of about .60%. Generally, the average days properties were on the market before being sold was 11 days.  Stay up to date witht the most recent market trends in Denver with Elevation Realty.  http://observatoryparkrealestate.net/blog/10769/Goldsmith-2016-Q4-Market-Trends-in-Denver?utm_source=dlvr.it&utm_medium=gplus #blog
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Hale 2016 Q4 Market Trends in Denver: In the Hale area of Denver, market trends for homes for sale and sold homes during the fourth quarter had an upward trend over the course of the last 20 years. Beginning in 1995 the average price for homes was in the $100,000-$200,000 range. Currently, the average is above $500,000 starting in 2015. There were 3 active listings at the close of the 4th quarter, with an average price of $609,500. There were 9 listings under contract with an average price of $487,600 - slightly lower than the active listings.  There was a whopping 28 homes sold in the Hale area in Q4, and the average asking price for sold homes was $564,914 with a .70% discount on average. The sold price was $564,768 on average - only very slightly lower than the asking price. The average number of days homes were on the market before being sold was 44 days.  Check in with Elevation Realty to get the latest market trends in your neighborhood in Denver! http://observatoryparkrealestate.net/blog/10770/Hale-2016-Q4-Market-Trends-in-Denver?utm_source=dlvr.it&utm_medium=gplus #blog
Hale 2016 Q4 Market Trends in Denver
Hale 2016 Q4 Market Trends in Denver
observatoryparkrealestate.net
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Tips for Buying a Fixer Upper in University Park in Denver: Looking for a deal on a new home? The market is fairly competitive right now, so it may be frustrating to see that prices are higher than you had hoped. But, one way to save money on a home is looking for a fixer upper, which is a home that needs a bit of work before it's perfect. Not just any fixer upper in University Park in Denver will do, though. To find the perfect fixer upper, follow these tips: Know what the tough fixes are. Some repairs are inexpensive and easy to fix, while others will require a lot of effort. Before buying a fixer upper, you have to know the difference so you understand how much work will need to be put into the home. For example, applying a fresh coat of paint is an inexpensive way to completely transform a room, and it doesn't take long to do it, either. However, replacing a roof or HVAC system is something you will need to call a professional for, so it will be much more expensive and take a bit more time. Knowing the difference between simple and tough repairs will help you find a fixer upper that is worth fixing. Find a reliable home inspector. Before you close on a home—whether it's a fixer upper or not—you should always have a home inspector come take a closer look. There could be a lot of hidden problems with a fixer upper, and a home inspector will be able to spot them before you agree to do a deal. An inspector could notice signs of mold or a potential problem with the foundation. It's important to know every single problem that the fixer upper has so you can use them as bargaining chips during the negotiation. Learn about the common problems found during home inspections. Look into loans. Buying a home may drain all of your savings, so how are you going to pay for the renovations? Don't put an offer on a fixer upper until you have talked to a lender about financing the renovations. Most people who purchase a fixer upper take out a renovation loan either through a mortgage or a home equity line of credit. Almost every lender offers these loans, but that doesn't mean you'll automatically be approved for one. Make sure you have this conversation with your lender prior to making an offer on the home—and come to the meeting prepared. The lender will need to know the approximate cost of repairs and the value of the home after the repairs are complete. This will help them determine whether it's wise to approve the renovation loan. Are you ready to look for a new home in University Park? Regardless of whether you're looking for a fixer upper or a move-in ready home, talk to the professionals! Contact Elevation Realty to be connected to a team of experienced real estate experts ready to help you on your home buying or selling journey. http://observatoryparkrealestate.net/blog/10737/Tips-for-Buying-a-Fixer-Upper-in-University-Park-in-Denver?utm_source=dlvr.it&utm_medium=gplus #blog
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