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Top 4 Home Renovations with Greatest ROI

by Alan Daniels

Many of our clients ask what home renovations provide the best Return on Investment (ROI).  Here is a helpful list whether you are selling your Colorado Springs home or just looking for the next home project in a long term home.

Colorado Springs Home Renovations

Conclusion:

  • These are just some of the best ROI projects you can do on your home whether you are looking to get the best bang for your buck when selling a home or if you are trying to prioritize what project to do for a long term investment.
  • Kitchen and bath remodels can have a great impact on a home's value but can end up being more costly and take longer to do.  You want to make sure to not over spend compared to finishes other homes in the neighborhood have.
  • Paint is another top ROI project that did not show up on this list so consider interior or exterior paint condition and colors to see if this could be an additional value added.

Sellers Market Snapshot - Timing to Sell

by Alan Daniels

 

     

 

Many people are gearing up for listing and selling their home in 2015.  There are many questions to ask when selling a home in Colorado Springs and surrounding areas.  Here are some of the main questions home sellers ask us when they are considering selling the home.  Odds are many of your questions will be the same.

  • When is a good time to list and what is the market doing in my area? 
  • How much is my home worth? 
  • What is the average days on market in my area? 
  • What is the selling price vs asking price in my area?
  • How many homes are for sale in my area?

I am sure you have other questions but wanted to provide a resource where you can instantly get answers to the above questions without talking to us.  Of course we are available anytime to answer your questions but some just want to research before speaking to anyone.  Just fill out the form to the left for an instant Market Snapshot and feel free to checkout the sample analysis to see what the report will look like.  Enjoy!

Selling Your Colorado Springs home can be difficult but not impossible.  Things are looking up for selling a home in Colorado Springs based on the latest data.  The average supply of homes has dropped from 9.44 months to 8.82 months.  Definitely a positive trend after all of the negative real estate press.  Take a look at the charts below and compare the last 6 months (chart one) to the last 30 days (chart 2). 

Selling A Colorado Springs Home

Where does your home stand in the numbers?  It is important to get a CMA (Comparitive Market Analysis) to find your Colorado Springs Home Value.  Pricing your Colorado Springs home properly will allow you to sell it much quicker than what the average supply is showing.  You can get a complimentary CMA sent to your email at www.COPropertyValues.com.  This is the best place to get started when trying to make a decision to sell a home. 

Buying A Colorado Springs Home

If you are looking to buy a Colorado Springs home or build a new Colorado Springs home, take a look at the saturated markets.  Some homes are moving quicker than others!  What price range are you looking at and what is the months supply?  This will directly effect the amount you pay compared to the seller's asking price.  It is important to have an experienced Colorado Springs Realtor who understands all of the different variables going into purchasing Colorado Springs real estate.

Colorado Springs Real Estate - Selling a Colorado Springs Home

 

 

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