Come see this amazing, new home in Colorado (Fremont County)! Located in the quaint town of Florence, CO, this ranch style home at 120 Rose Drive will be open this weekend, Saturday April 20th, from 10:00AM – 3:00PM. Be one of the first to see the beautiful finishes and fixtures throughout the home. Amenities include hardwood flooring, vaulted ceilings, granite countertops, stainless steel appliances, and much more. All located within walking distance of downtown Florence, CO the Antique Capital Of Colorado!
The PeakDream Group at Berkshire Hathaway HomeServices Rocky Mountain Realtors has been working hard and with summer right around the corner, sellers are pulling the trigger and getting their homes on the market. Check out these 3 new listings, coming soon to the market in the Colorado Springs area.
611 Hilltop Drive, Colorado Springs, CO 80905 $233,000
Cute, ranch style home in Ivywild area (specifically in the Foothills neighborhood) would be a perfect rental property or ideal as a primary residence. The location is stellar, just up from Ivywild School, a hotspot for music and events which includes a brewery, distillery, and bar. This home includes 2 bedrooms, 1 bathroom, a large 2-car attached garage plus a carport, storage shed, RV parking & deck with a relaxing hot tub. Easy care wood laminate flooring in the main living area and carpeted bedrooms. Walking distance to Bear Creek Park for nature hikes, dog walking, or bike riding. Just minutes from Downtown Colorado Springs. For more details contact Southern Colorado Realtor Marion Meyer
320 Childe Drive, Colorado Springs, CO 80906 $799,000
Your castle above the city in Broadmoor Hills Park. This home boasts of amazing views all up and down the Front Range, including breathtaking landmarks like Garden of the Gods. Enjoy the Colorado days and nights on the custom deck, complete with outdoor kitchen and built-in grill. When dinner is over, relax in your warm hot tub and marvel at the starry night. Plus, you’ll be right at home with the stunning interior with high vaulted ceilings, wood floors, and luxurious working, living, and playing spaces. Perfect for a quiet night at home in your personal theater, or reading your favorite book in one of the many rooms spread out over 5,182 square feet. Complete with 4 bedrooms, 4 bathrooms, and plenty of character. For more information, contact a favorite local Realtor, Wayne Jennings
4134 Anitra Cir, Colorado Springs, CO 80918 $300,000
Step out your door and you’re within walking distance from some of Colorado Springs’ Hot Spots, like University of Colorado at Colorado Springs or the outdoor experience of Palmer Park Open Space. Convenient location near parks, schools, golf courses and more in this 2,200+ square foot home in the Garden Ranch neighborhood. Versatile floor plan perfect for primary residence or an investment property in Colorado, with 3 bedrooms, 3 bathrooms and a 2 car garage. For more information, your experienced real estate agent is ready to help
Colorado real estate is diverse and unique, and the options are endless when you’re looking for an investment, primary residence, commercial property or even vacant land. Take a look at these unique Colorado properties that all have a unique real estate history and future.
Mobile Home Park Restored to Mid-Century Glory
In the small town of Canon City, CO you’ll find the magnificent results of creativity in real estate. The Rosedale mobile home park sits on about 0.70 acres and includes 5 mobile homes, but there’s a twist.
Remember the Sears catalog colors like mint green, sea-foam, and cherry pink that often inspired the decor throughout homes? These popular mid-century colors were used in bathroom sinks, toilets, bathtubs, countertops, and even exterior house paint.
This creative owner decided to purchase used mobile homes and renovate them to their former mid-century glory. He purposefully uses as many original period pieces as possible, from countertops to wood paneling on the interior walls. Even the decor and furniture matches the era. The team of renovators (including the owner) have made the old feel new again.
Plus, his business plan was obviously successful, with extremely high occupancy of renters. From traveling nurses to VRBO and AirBnB guests, many have enjoyed this creative twist on retro. And the vintage theme fits right in to its surroundings, ironically located right next to the Antique Capital of Colorado.
The property is currently available for sale, including all 5 mobile homes and the land for less than $400,000: https://www.peakdream.com/homes-for-sale-details/1535-ROSEDALE-LANE-CANON-CITY-CO-81212/56853/468/
Antique Store with Living Options, Retail Space, and More
In the Central Historic Business District in Downtown Florence, CO the old Vendetti’s Building has housed many businesses over the years dating back to 1922 when it was built. Currently, the multi-use building is home to Salvage, Antiques, Vintage, Etc., one of the favorite antique stores along Main Street (State Hightway 115). Now, the owner is ready to sell, providing a huge opportunity for the right buyer.
First of all, let’s look at a real estate term: Mixed Use Building. This means the zoning has been labeled as a live/work space and is available both as a commercial property, but also with the option of adding the residential element. Whether you’re planning on continuing to run the antique business, or using the space for your own purposes, there are multiple advantages and features on this property that make it very flexible.
The front retail space includes large windows, two separate shop spaces, and private parking immediately in front of the store. Plus, there’s a small adjacent lot that is vacant and ready for creative ideas, additional buildings, etc. which is also included real estate.
Also, in front is a garage door which leads into the large warehouse space in the back of the building. This enormous space (which can also be accessed by a rear garage door loading area) includes 2-story tall ceilings, plus an unfinished loft space which could be a potential residential living space after converted.
Best of all, the location is key in the gorgeous town of Florence, CO the Antique Capital of Colorado. The bustling downtown includes excellent restaurants and shops, and recreation is just around the corner on the Arkansas River, Pathfinder Park, and other amenities. Tourist often pass through to shop, or en route to major attractions like Royal Gorge Bride and Park.
This Colorado property is currently for sale under $400,000. More details and property photos are available at https://www.peakdream.com/homes-for-sale-details/208-W-MAIN-STREET-FLORENCE-CO-81226/60153/468/
This 1953 built rancher house has a lot going for it! It’s a brand new listing in Central Colorado Springs and checks many of the boxes for a buyer looking for a new home, but the outdoor spaces, interior upgrades and proximity to amenities set this home apart.
Outdoor Spaces Create Peaceful and Relaxing Moments
Sometimes the outdoor space in a home can be overlooked, but when considering a home these thoughtful environments can add value and livable space. Especially when you consider the moderate climate of Colorado Springs, with bragging rights of over 300 days of sunshine throughout the year. Even the winter months in this semi-arid climate, homeowners can enjoy comfortable evenings on the patio, outdoor grilling and al fresco dining.
This home at 1115 Foote Ave captures all the senses, with lush flower gardens lining the yard and a custom stamped concrete patio directly off the back sliding door. Enjoy your favorite streaming music service while you relax, thanks to the included speaker system both inside and outside the home. The large cement patio is versatile, with covered and uncovered portions. Just beyond the patio, the fully landscaped flat yard is very useable and a perfect location for barbecues with friends and family, or a quite afternoon in the sunshine with your favorite book.
Interior Upgrades Provide Peace of Mind and More Money
Besides the large backyard which adds extra living areas to the home, the interior of the house includes 2,468 square feet of interior living space, plus a 1 car garage not included in those figures. Thankfully, this home has been thoughtfully updated and remodeled and leaves a new buyer with few honey-do projects. From granite countertops and stainless steel appliances in the kitchen, to practical and luxurious bathroom updates, the inside of this brick home is nearly move-in ready. You’ll feel some of the upgrades as well, like the air conditioning and 2 cozy fireplaces.
There are upgrades around every corner, which leaves you one less thing to worry about. Instead, it leaves more money for customizing the home decor with new furniture, window coverings, and a few pieces of art from your local galleries.
Proximity To Amenities Make This Location Superb
Whether you are working, playing, relaxing or having a night out on the town, the location of 1115 N Foote Ave puts you in the right middle of the action. Amenities within a mile include UC Health Memorial Hospital Central, Patty Jewett Municipal Golf Course, U.S Olympic Training Center and Downtown Colorado Springs. Enjoying some of the excellent locally owned restaurants and great events and entertainment in Colorado Springs are just a short Lyft of Uber ride away. You’ll also enjoy parks and trails within walking distance of your new home, ready for your mountain bike, running shoes, or dog walks. Whether you choose to live in the home, or use it as a income-producing VRBO you’ll find the location meets many needs and provides plenty of convenience with its central location in the Top O The Town neighborhood.
So start the process today of placing yourself where you need to be! Request a showing of this beautifully renovated home and see if it’s right for you. If not, we have plenty more options to show you.
This home is listed by Berkshire Hathaway HomeServices Rocky Mountain Realtors Agent Gary Peacock. For more information and additional photos, see 1115 N Foote Ave, Colorado Springs, CO 80909 MLS#7099365
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Horseback riders and owners love the Colorado climate, which provides plenty of time during all four seasons to explore the Colorado mountains and plains on horseback. Horse owners are drawn to the endless trails and open space areas, plus the surrounding amenities and services for their beloved animals.
Just as important as recreational opportunities with horses is the need for affordable and adequate accommodations at home. Take a look at these exceptional horse properties, providing great spaces for everyone from equine to human.
More than 20 acres with a perimeter fence, this property in Fremont County includes: a nearly 2300 square foot home; detached 3 car garage and workshop; Cleary barn; horse barn with stalls; paddock; large chicken coop and shed; well. Great location with plenty of acreage to add more amenities or outbuildings, plus easy access to the Antique Capital of Colorado (Florence, CO), Canon City, or even Fort Carson Army Base. Enjoy mountain views of the Sangre De Cristo and Wet Mountains and privacy at your home on the range. Listed by Sylvia Jennings
40 acre ranch for less than $80,000! Property feels private and secluded, yet just minutes from downtown Florence, CO. With electricity at the property line and local services close by, it’s time to start designing your perfect house and pick the build site. Enjoy the beautiful mountain views and the warm moderate climate of sunny Fremont County. Plenty of amenities nearby, including Sumo Golf Village and outdoor recreation along the Arkansas River. Listed by Sylvia Jennings
An incredibly unique piece of property, located in Florence just 6 blocks from Main Street! The six bundled parcels make up 22 acres of land running along and crossing and Arkansas River! Zoned commercial and agricultural, this Colorado property has endless options and already includes a large metal building (5,760 square feet inside) with 3 garage doors, office area, and loft. Other existing structures include a pole barn and an secondary barn. Whether you’re an entrepreneur looking for a place to start a new business or a visionary wanting a barndominium, this lot provides a great backbone to start your adventure. In addition to the great location and unique terrain, the property includes 21 water shares from the Union Ditch. Listed by Wayne Jennings.
New homes are currently being built in Florence, CO (located in Fremont County just southwest of Colorado Springs). If you’re familiar with the Florence community, you probably know it’s hard to find new homes being built. Many of the homes in this area are historic, older homes especially within the city limits.
We want to change the housing trend because we know there’s a need and demand for affordable housing, including the recurring request for newer finishes and amenities. For instance, these new homes in Last Mile Estates are being built to include a large 3 car attached garage, granite countertops in the kitchen, hardwood flooring, fireplace, kitchen island, and much more. Even down to brand new stainless steel appliances in the kitchen, so there’s one less thing you have to worry about when you move into your new home.
And don’t worry, we’re not neglecting the other important finishes that buyers are desiring. For instance, the master bedroom has a 5-piece attached master bath ensuite, creating a private retreat and relaxing getaway.
Perhaps most importantly, these homes provide open-concept living with large flowing spaces and thoughtfully designed living areas. The vaulted ceilings add to the spacious feel and well-positioned walk outs to deck patios provide additional living space in the moderate Colorado temperatures.
These quality homes are tried and true ranch floor plans, built by an experience and long-time builder who noticed the need for affordable new homes in the Florence area. The one-level living is ideal for any situation and can easily be your forever home in Fremont County.
Take a look at these listings and know there are more coming! We would love to talk to you about the options, time frames, and features.
203 Junior Court, Florence, CO 81226
120 Rose Drive, Florence, CO 81226
This real estate market has taken Colorado Springs Realtors on a wild ride, but is this slight change in the market a hint of what’s coming in future months?
We knew the skyrocketing prices and home values were not sustainable for very long and July brought some decreases in average sales price and more listings on the market. For the month of July 2018, our average sale price dropped $14,000 for single family homes to $347,517 which is a more significant month-to-month change than we’ve seen in over 2 years. Many of the past months have been constant increases and made for a highly unbalanced seller’s market. July has been the first we’ve seen buyers starting to feel some relief in our market, as sellers decrease prices and more people are selling. In fact, we exceeded 2,300 active homes on the market – an amount we haven’t seen since July 2017.
Interestingly, we have not seen a significant increase in “Days on Market” which means homes are selling just a quickly, but they are selling for less and there is actually more inventory (homes) to choose from. As of the end of July, our average days on market was 21 days for El Paso County. Keep in mind, various areas of town have different stats, like 45 days in Briargate versus 10 days in Central Colorado Springs.
So should you be worried? No. The market is correcting and finally allowing for a more balanced and fair market, for both buyers and sellers. Now, it should be more about the home and negotiations can become an interaction where both have to give a little. Also, this isn’t yet a verifiable trend – is just one month of changes – and we could see these trends reverse in August as families move before the beginning of school. We often see small ups and downs around this time of year, and then a quick pick up again in the Fall months.
For now, buyers, you should jump on the opportunity of lower prices before interest rates increase anymore. Sellers, most of you are still getting amazing appreciation on your home and full list price, but you may not have 15 offers within the first day…. But there are always exceptions!
Contact your favorite experienced real estate agent for more insights, stats and advice on how to handle your specific life changes and real estate transitions.
The Centennial State turns 142 years old on August 1st, 2018 (also known as Colorado Day). And we’ll gladly celebrate Colorado’s birthday with free admission to over 40 State parks on Monday, August 6th!
Plus, Colorado Springs was recently recognized at the “Most Desirable Place to Live” in a nationwide survey. That makes for a pretty amazing birthday, Colorado!
First, let’s talk about our birthday. Back in 1876, Colorado was added as the 38th State in the Union. Colorado is the 8th largest state (in terms of square miles) and has always attracted folks for the great outdoor activities, temperate climate, and quality of life. The national and state parks in Colorado give locals and tourists a wide variety of options, from exploring ancient cliff dwellings to a relaxing day on a mountain lake. Don’t miss your opportunity to see the 41 state parks throughout Colorado on August 6th, 2018 when you will be granted free admission. Start here to plan your trip and determine which of these Colorful Colorado parks you want to hit first: http://cpw.state.co.us/colorado-day
But the icing on the cake is Colorado Springs recent designation of Most Desirable City in the country! Yep, in a recent U.S. News survey people voted Colorado Springs #1 for a city they would want to live. Over the past few years, we’ve seen huge population growth which has created more urgency to continue improving the city. Downtown Colorado Springs has seen significant spikes in living options, entertainment, restaurants, recreation access and much more. Just last week, the city announced plans for a 10,000 seat outdoor stadium (which will be home to our major league soccer team, the Switchbacks FC) and a 3,000 seat indoor stadium for the Colorado College Tiger Hockey team. Plus, transportation and recreation are being thoughtfully tackled with additions of new services like PikeRide Bike Share System and the Legacy Loop Trail. Take a look at other improvements Colorado Springs is making to help with the continued growth.
We couldn’t be more happy to call Colorado home and we hope you feel the same way!
As we launch into the summer season, it’s going to be easier to sell a home but tough as a buyer. The May 2018 numbers have been released, and we continue to have more home sales each month and fewer homes being listed. Although our days on market are down even from the previous month (April 2018), our average home price continues to increase.
Keep in mind, these stats are for the entire Pikes Peak MLS, which includes El Paso County as well as other surrounding counties including parts of Teller, Chaffee, Custer, Douglas, Elbert, Fremont, Lincoln, Park and Pueblo.
Average Home Price: $355,927 (Single family homes and patio homes – doesn’t include condos/townhomes)
This has increased from $348,527 only a month earlier in April 2018. As the average home price increases, we see more sales activity in the $300,000-$400,000 price range. Just a few months ago, almost half of the sales activity was in the $200,000-$300,000 price range. As of May 2018, each price range now make up about 30% of sales. That means over 60% of home sales between $200,000-$400,000. If you’re a buyer in this price range, you’re competing in an extremely competitive market, and homes on average are selling for 100.54% of list price (meaning, over the listed price).
Average Days on Market: Dropped to 22
If you’re just looking at El Paso County, the average days on market is 21. However, for our entire PPMLS area, it’s 22 days which is the average across all price ranges. This has decreased from April as well, so homes are selling quicker even in the past month. Also, if you’re in that “hot spot” price range of $200K-$400,000 the average days on market for the past 90 days = 6 days on market. Homes in that high demand bracket are selling in less than a week.
Sold Homes and New Listings Both Up
We saw an increase in the number of homes sold in May, jumping from 1,286 in April to 1,568 in May. So, nearly a 22% increase in sales of homes and as mentioned above, they’re selling for an average of $7,000 more than they sold in April.
Also, our total number of new listings in May was 2,080, just about 100 more new listings than we saw in April (1,972). It’s almost exactly what we saw in May 2017 as well, when we had 2,053 new listings so year-over-year there was no significant change.
What to Expect for Summer 2018
We have no reason to believe this market will slow down, even in the next few years. It will remain a seller’s market and prices will likely continue to increase with homeowners seeing drastic appreciation (probably averaging 13-18% per year). Whether you’re looking at statistics for single family homes, or condos and townhomes, all area appreciating very well and at a steady rate. It matters more on the area, rather than the style of home. Contact your favorite agent to find out stats on your specific neighborhood and how it’s appreciating in value.
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We’re pleased to announce Berkshire Hathaway HomeServices has been names the Real Estate Agency Brand of the Year, along with the Most Trusted Real Estate Brand according to the Harris Poll EquiTrend® survey earlier this year. Click for the full press release: Real-Estate-Agency-Brand-of-The-Year-Press-Release
Over 77,000 U.S. consumers were polled and rated 3,000 brands in 300 categories. This was the 30th annual Harris Poll EquiTrend® study and consumers took this online poll rating Berkshire Hathaway Home Services (BHHS) based on consumers’ perception of its brand familiarity, quality and purchasing consideration, as well as additional factors.
The 2018 Harris Poll EquiTrend® study measures and compares the brand health of companies.
Respondents offer their perceptions of brands, gauging their emotional connection to them plus brand
awareness, influence and familiarity. The study confirmed that consumers want to align with brands they know and trust. Our goal and way of business is creating that environment of trusted real estate advisers guiding you through the real estate process.
Just last year, Warren Buffett’s Berkshire Hathaway HomeServices was awarded by J.D. Power “Highest Overall Satisfaction for Repeat Home Sellers Among National Full Service Real Estate Firms” in the J.D. Power 2017 Home Buyer/Seller Satisfaction Study. The Harris Poll award is another great recognition from consumers who are seeing the value, professionalism and trust our agents bring to the table.
Thanks to our past, current, and future customers who see the value in partnering with the best! As always, we remind folks that we sell in any price range, any area. We would love to show you the Berkshire Hathaway difference when you’re ready to buy or sell your next home.
Berkshire Hathaway HomeServices received the highest numerical Equity Score and the highest numerical score relating to Trust among Real Estate Agency brands included in the 2018 Harris Poll EquiTrend® Study, which is based on opinions of 77,031 U.S. consumers ages 15 and over surveyed online between January 3, 2018 and February 15, 2018. Your opinion may differ. “Highest Ranked” was determined by a pure ranking of a sample of Real Estate Agency brands.
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