New Home News!

 

 

Nationally, sales of new homes are stronger than they have been in a long time. March was the best month since 2007 and April was the third-best month in that same time period.

 

This research comes from the National Association of Home Builders who show that we are on pace to sell 673,000 new homes this year across the Country.  5 years ago there were roughly 450,000 sales of new homes.

 

For the first four months of 2019, new home sales are 6.7% ahead of the sales pace of the initial four months of 2018.

 

What is interesting is that those gains have distinct regional clustering. Year-to-date sales are up 10.3% in the South, 6.7% in the West (concentrated in the Mountain states), and 1.3% in the Midwest, while recording a 17.6% decline in the Northeast.

 


Posted on May 31, 2019 at 10:24 am
Fort Collins | Posted in Blog, Fun Facts | Tagged , , , , , , , ,

Bright Home with Lake Access!

1408 Hearthfire Drive is a move in ready home in desirable Hearthfire at Richard’s Lake! Light and bright open floor plan with main floor living and 2 master suites. Enjoy cool evenings on the patio or snuggle up in the living room with the gas fireplace. Alley access for parking in the garage and a front porch with mountain views. Lake access, community pool, open space, and a clubhouse are all part of your amenities with this home. Contact Sarah Schilz at (970) 817-0906 or Jennifer Cuningham at (970) 646-1921 for your private showing for more information or click the link below for more details.

http://windermerenoco.com/listing/95799230

 

 


Posted on May 28, 2019 at 2:55 pm
Fort Collins | Posted in Fort Collins Real Estate, Virtual Tours | Tagged , , , , , , , , , , , , ,

Contemporary Home near Old Town!

This newer contemporary design with premium luxury finishes is just blocks to the breweries, Old Town, and the Poudre River Whitewater park. 350 Pascal Street features an open floor plan, hardwood floors, sleek gourmet kitchen with premium appliances and large island. Master suite with a private patio and a 5-piece bath with a free-standing tub. Control 4 integrated smart home system. Enjoy the Colorado lifestyle in this designers home. Contact Chris Guillan for your private showing at (970) 310-9357 for more information or click the link below for more details.

http://windermerenoco.com/listing/95799231

 


Posted on May 28, 2019 at 1:30 pm
Fort Collins | Posted in Fort Collins Real Estate, Virtual Tours | Tagged , , , , , , , , , , , , , , ,

Avoiding the Pitfalls of Home Addition Construction

Posted in Architecture by John Trupin 

When dissatisfaction with your current home strikes, it can be exciting to launch into a plan for a new addition. A new living room, bedroom, or more can add value to your home while improving your quality of life.

On the other hand, even a modest addition can turn into a major construction project, with architects and contractors to manage, construction workers traipsing through your home, hammers pounding, and sawdust everywhere. And although new additions can be a very good investment, the cost-per-square-foot is typically more than building a new home, and much more than buying a larger existing home.

 

Define your needs

To determine if an addition makes sense for your particular situation, start by defining exactly what it is you want and need. By focusing on core needs, you won’t get carried away with a wish list that can push the project out of reach financially.

If it’s a matter of needing more space, be specific. For example, instead of just jotting down “more kitchen space,” figure out just how much more space is going to make the difference, e.g., “150 square feet of floor space and six additional feet of counter space.”

If the addition will be for aging parents, consult with their doctors or an age-in-place expert to define exactly what they’ll require for living conditions, both now and over the next five to ten years.

 

Types of additions

Bump-out addition—“Bumping out” one or more walls to make a first-floor room slightly larger is something most homeowners think about at one time or another. However, when you consider the work required, and the limited amount of space created, it often figures to be one of your most expensive approaches.

First-floor addition—Adding a whole new room (or rooms) to the first floor of your home is one of the most common ways to add a family room, apartment or sunroom. But this approach can also take away yard space.

Dormer addition—For homes with steep rooflines, adding an upper floor dormer may be all that’s needed to transform an awkward space with limited headroom. The cost is affordable and, when done well, a dormer can also improve the curb-appeal of your house.

Second-story addition—For homes without an upper floor, adding a second story can double the size of the house without reducing surrounding yard space.

 

Garage addition—Building above the garage is ideal for a space that requires more privacy, such as a rentable apartment, a teen’s bedroom, guest bedroom, guest quarters, or a family bonus room.

 

Permits required

You’ll need a building permit to construct an addition—which will require professional blueprints. Your local building department will not only want to make sure that the addition adheres to the latest building codes, but also ensure it isn’t too tall for the neighborhood or positioned too close to the property line. Some building departments will also want to ask your neighbors for their input before giving you the go-ahead.

 

Requirements for a legal apartment

While the idea of having a renter that provides an additional stream of revenue may be enticing, the realities of building and renting a legal add-on apartment can be sobering. Among the things you’ll need to consider:

  • Special permitting—Some communities don’t like the idea of “mother-in-law” units and therefore have regulations against it or zone-approval requirements.
  • Separate utilities—In many cities, you can’t charge a tenant for heat, electricity, and water unless utilities are separated from the rest of the house (and separately controlled by the tenant).
  • ADU Requirements—When building an “accessory dwelling unit” (the formal name for a second dwelling located on a property where a primary residence already exists), building codes often contain special requirements regarding emergency exists, windows, ceiling height, off-street parking spaces, the location of main entrances, the number of bedrooms, and more.

In addition, renters have special rights while landlords have added responsibilities. You’ll need to learn those rights and responsibilities and be prepared to adhere to them.

 

Average costs

The cost to construct an addition depends on a wide variety of factors, such as the quality of materials used, the laborers doing the work, the type of addition and its size, the age of your house and its current condition. For ballpark purposes, however, you can figure on spending about $200 per square foot if your home is located in a more expensive real estate area or about $100 per foot in a lower-priced market.

You might be wondering how much of that money your efforts might return if you were to sell the home a couple years later? The answer to that question depends on the aforementioned details, but the average “recoup” rate for a family room addition is typically more than 80 percent.

 

The bottom line

While you should certainly research the existing-home marketplace before hiring an architect to map out the plans, building an addition onto your current home can be a great way to expand your living quarters, customize your home, and remain in the same neighborhood.


Posted on May 27, 2019 at 12:00 pm
Fort Collins | Posted in Blog, Home Inprovement, Housing Trends | Tagged , , , , , , ,

Down Again

Mortgage rates dropped again for the fourth week in a row.

The average 30-year rate is now 4.06% which is the lowest it has been all year.

Rates today are actually the lowest they have been since early 2018.

The main factor driving rates down is the trade war with China.

Investors are shifting money from stocks into bonds which causes the yield on the 10-year Treasury to drop.

Mortgage rates are closely aligned with the 10-year Treasury.

At the beginning of the year, most experts believed that 2019 would have a trend of increasing mortgage rates eventually reaching 5.5%.

Instead, the opposite has happened which is good news for real estate.


Posted on May 24, 2019 at 12:36 pm
Fort Collins | Posted in Blog, Fun Facts | Tagged , , , , , , ,

Five quick tips to organize your home

Posted in Living by Katherine Garsi 

Enough is enough! It’s time to get organized.

I asked some of my more meticulous friends how they keep their homes so neat and organized. Here are their top tips along with a few from some famous organized people:

    1. Have an “inbox” for your home.
      If all of your table and counter space occupies a different pile of mail, bills or magazines that you want or need to look at, the home inbox is a great trick to at least keep the piles in one stack. An easy method is to put a stylish container  next to your door. If you get mail or write yourself a note to do later, put it in the box (unless it’s extremely urgent). Each week, sit down and process everything in your inbox. File it away permanently or take care of it right now, but do not put it back in the box! (via David Allen author of Getting Things Done)
    1. Kitchen: Skip the spice rack.
      Does anyone really use all the spices in a spice rack? Try heading to your local organic market which carries bulk spices so you can buy just what you need. Bulk spices are especially helpful if a recipe calls for a pinch of something new to you, so you don’t have to buy an entire jar.
    1. Living room: Put the DVDs away please.
      You can always discover something interesting about  someone’s personality by the DVDs they have, but all those bright cases can also be a cluttered distraction. Instead, store your DVDs in shoebox-style boxes with the spines facing up so you can quickly pull them out and find your favorites. Bonus points if you sort them by alphabetical order, genre or director.
    1. Bedroom: Tuck your charging station into your nightstand.
      We’ve all seen those bulky “valets” intended to organize your electronic necessities as they charge while you sleep. I must admit I own one, but it takes up too much space. Instead, drill a hole in the back of your nightstand (if you dare) and keep your phones and more out of sight while charging overnight.  (via Martha Stewart)
    1. Closets: Turn all the hangers in your closet to face one way.
      As you wear an item, turn the hanger the opposite way. After a few months if there’s anything you haven’t worn, it might be time to donate it.

What’s your secret to keeping your home organized?

 


Posted on May 22, 2019 at 11:30 am
Fort Collins | Posted in Blog, Living | Tagged , ,

Here’s Your Spring Maintenance Checklist

Posted in Living by Kenady Swan 

 

Now that spring has sprung, let’s clear the cobwebs and get your home ready! Here is our quick guide to spring home maintenance:

 

Inspection top to bottom: Now that the weather is temperate you will want to check on how your home weathered the winter. Check the roof for leaks, the gutters for damage, and the siding for cracks. You will also want to inspect your basement or foundation for any shifts. Make repairs now to prevent further damage.

 

Clean out the gutters: April showers bring May flowers… so clear out the gutters to keep rain from pooling on your roof or near your foundation.

 

Pest control: Spring is mating season for eight-legged critters, so sweep out cobwebs, clear debris, and check the nooks and crannies. If you live in an area prone to dangerous species like brown recluse or black widows, you may want to contact your local pest control, but otherwise, household spiders do help eliminate other bugs.

 

HVAC system: If you have an air conditioner now is the time to check to make sure it is ready before summer gets here and everyone else is clamoring for maintenance. Now is a good time to check your home air filters and replace or upgrade to keep allergens at bay.

 

Clear the clutter: Do a sweep around the house and get rid of junk that you don’t use! Take a little time each week to tackle a room. Closets, playrooms, and basements can be especially daunting, but getting rid of old stuff and refreshing your space will go a long way!

 

Deep clean: On a nice day open the windows, dust, wipe, scrub, and clean. You will get a nice workout and your home will look and feel so fresh after a winter of being cooped up.

 

Update your décor: Add a splash of color to your home with small embellishments. Add a colorful vase, a lighter throw for your sofa, pretty pastel pillows, or spring-time candles, to upgrade your living space.

 

Take it outdoors: Let your throw rugs, curtains, and other tapestries air our outside. Shake off the dust, spot clean what you can and let everything bask in the sun for an afternoon.

 

Don’t forget the back yard: It may not be time to start up the grill, yet, but you can get started on your outdoor entertaining checklist. Check your lawn, and if you have some spare spots start filling in with seed. Check your outdoor plants, prune, plant bulbs, start to replenish the soil for your garden, and mow, so you are ready to start when the season allows.

Speaking of the grill – if you have a gas grill you will want to pull this out and perform a maintenance check. Clean everything up and check to make sure all the gas lines are clear, as these can get clogged after sitting idle all winter. Make sure the grill is clear of spiders too, as they can build webs in the tubes, causing damage to your grill. You can start to bring out your garden furniture too, or clean it up if you left it covered outside all winter. Because before you know it, it’ll be barbeque season!


Posted on May 20, 2019 at 2:00 pm
Fort Collins | Posted in Blog, Uncategorized | Tagged , , , , , , , , ,

Wonderful Home with Mountain Views!

738 Campfire Drive is located in a great neighborhood minutes to old town and fast access to I-25! Brand new city of Fort Collins park to be built in 2019. HOA covered amenities include trash and non-potable water for lawns. Large bonus rec room upstairs. Wonderful mountain views and large lush green belt behind the home. Well-lit walkout basement! Contact Kyle Basnar for your private showing at (970) 481-5689 for more information or click the link below for more details.

http://windermerenoco.com/listing/95501154

 


Posted on May 17, 2019 at 1:49 pm
Fort Collins | Posted in Fort Collins Real Estate, Virtual Tours | Tagged , , , , , ,

The Question of the Day

As we are helping people understand their new property assessments and putting together information so that they may protest their new valuation, here is the most common question we hear…

Did my property really go up that much?

Here are some stats that will help you answer that question.

First, you need to know that property assessments are done by the County every two years. So, as you look at how much your property increased in value according to the County, keep in mind that this increase is over a two-year period.

 

Next, it will help you to know how much our markets increased, on average, over the last two years. This data comes from our most trusted source, the Federal Housing Finance Authority.

Two Year Appreciation:

• Metro Denver = 18.65%
• Larimer County = 17.60%
• Weld County = 22.31%
• Boulder County = 16.28%


If you have questions about your new valuation or how to protest your property’s assessment, we would be happy to help. Just reach out and let us know.

 


Posted on May 17, 2019 at 11:29 am
Fort Collins | Posted in Blog, Fun Facts | Tagged , , , , , , , , , , , , ,

Windermere and YouthCare – Helping Homeless Youth

Posted in Community and Windermere Foundation by Marilou Ubungen 

Pictured from left to right:  Cassie Walker Johnson, YouthCare Board Member & Windermere Broker; Jill Jacobi Wood, Co-President, Windermere Real Estate; Christine Wood, Executive Director, Windermere Foundation; Geoff Wood, CEO & Co-President, Windermere Real Estate.

 

For the past 30 years, Windermere Real Estate has supported more than 500 non-profit agencies dedicated to helping low-income and homeless families through donations from the Windermere Foundation. We have worked with many worthy organizations that provide shelter, food, youth/children’s programs, emergency assistance, education/counseling, school assistance, scholarships, and other services to those in need in our communities. One organization that we have been honored to partner with these past three years is YouthCare, a non-profit in Seattle, Washington that provides critical services to homeless youth. YouthCare works to end youth homelessness and to ensure that young people are valued for who they are and empowered to achieve their potential.

Three years ago, we embarked on a campaign to #tacklehomelessness with the Seattle Seahawks and YouthCare. Together, our goal was to bring resources to help homeless youth move forward, and to inspire our neighbors and friends to take action. Windermere committed to donating $100 for every Seahawks home game defensive tackle to YouthCare. During the three seasons of the campaign, a total of $98,700 was raised to help fund housing and residential care for homeless youth.

 

In addition to the #tacklehomelessness campaign, Windermere offices throughout the greater Seattle area came together each fall to hold a “We’ve Got You Covered” winter drive for YouthCare. Over three years, a combined total of over 14,600 hats, gloves, scarves, socks, and an assortment of other accessories and cash donations were collected through the drives.

 

    

 

“We fielded a mountain (literally!) of donated items from the Windermere Community,” said Jody Waits, Development & Communications Officer for YouthCare. “Windermere understands the power of home, and that a safe and welcoming place to call your own causes joy. We are so honored to have cheered for the Hawks and had this incredible partnership to tackle homelessness, together! While our friendship is evolving, we know that, united, we’ll always be working to help homeless youth be safe today and build a thriving future for tomorrow. Thank you!”

 

Although our campaign with YouthCare has come to an end, Windermere is still actively involved with the non-profit. Cassie Walker Johnson, managing broker at the Windermere Wedgwood office, is a member of YouthCare’s Board of Directors.

 

Windermere is proud to partner with non-profits like YouthCare, and we are thankful for all the generous donations made to the Windermere Foundation, which enable us to continue to support them.

 

If you would like to learn more about the Windermere Foundation, please visit windermerefoundation.com.


Posted on May 15, 2019 at 11:30 am
Fort Collins | Posted in Blog, Windermere Foundation | Tagged , ,