Northern Colorado Real Estate • July 28, 2017

A Shocking Truth

by Fort Collins

Here’s a stat that may shock you.

Even in this hot market, all up and down the Front Range, one out of five homes for sale have been sitting on the market for more than 100 days.

When other homes are under contract within days or even hours, 20% sit on the market waiting for a buyer.

Why are these houses not selling? What’s wrong with them?

Perhaps the answer is obvious: the roof is in disrepair, the paint is peeling, weeds have overtaken the yard, a railroad track runs behind the home, the neighbor’s property looks like a junkyard – the list goes on as to the possibilities.

The important lesson for sellers is this- it is the dynamic of price relative to condition which generates offers.

If a buyer visits a home and they are (unpleasantly) surprised by the condition, they will not write an offer. Buyers conjure up a certain expectation of the home based on the marketing and the photography they see online. When the home does not live up to that expectation, the buyer will pass and move on to other options.

Sellers only have a small number of items within their control. Oftentimes the conditions which a buyer may not like cannot be changed by a seller (road noise for instance.)

The one condition a seller can control is price. The price of a home must be aligned with its condition, or the seller risks being one of the unlucky 20% of homes languishing on the market.

We have just completed a comprehensive report about this topic.

The Insider’s Guide to Selling Your Home (without any stress or surprises) is now available for you.

It is hot off the press and you can request a copy by emailing colorado@windermere.com or by calling (970) 460-3033.

Contact us to get your copy immediately so you can see everything you need to know to sell your home in today’s market.

Blog • July 27, 2017

Colorado in Windermere Living

by Fort Collins

Fort Collins Real Estate • July 24, 2017

Elegant And Timeless Custom Home

by Fort Collins

Featuring 3 Bedrooms, 5 Bathrooms, A 2-Story Library, An Elevator And RV Garage!

https://www.youtube.com/watch?v=_vWtXWChsQE

This elegant and timeless custom home, was built by master builder R. Clifford Construction. Luxurious features include: custom cherry and oak millwork, main floor master suite, 2-story library, beautiful sunroom, soaring Microllam beam ceilings, 2,700+ sq. ft. loft/recreation space, separate guest house, RV garage, craft room, billiard room, elevator to all three floors, radiant in-floor heat (garage and driveway too). There is nothing else like this in Fort Collins! Call Will for your personal tour.

For more information, please visit: http://windermerenoco.com/listing/63037523 or call Will Flowers at (970) 460-3033.

Fort Collins Real Estate • July 24, 2017

Immaculate Colorado Chic Ranch Home

by Fort Collins

Featuring 4 Bedrooms, 3 Bathrooms And New Stainless Steel Appliances!

https://www.youtube.com/watch?v=Avtg06dM65s&t=2s

Welcome home to Carriage Pkwy. This immaculate Colorado chic ranch home features 4 beds/3 baths, knotty pine cabinets, new stainless appliances (which all stay), river rock gas fireplace, newer windows, Corian countertops and an island work space. Enjoy the Colorado lifestyle, entertaining in the open floor plan and a spacious finished basement…Over-sized garage with 800 square feet, insulation and 8 cedar doors. Backs to greenbelt with trails. Private ponds for fishing too! Easy Access to I-25 and Old Town.

For more information, please visit http://windermerenoco.com/listing/62956726 or call Chris Guillan at (970) 460-3033.

Fort Collins Real Estate • July 21, 2017

Clean Ranch With Tons Of Outdoor Space

by Fort Collins

Featuring 3 Bedrooms, 2 Bathrooms, An Open Floor Plan And Large Deck!

https://www.youtube.com/watch?v=NH4WueyenKU&t=1s

Don’t miss out on the opportunity to own this super clean 3 bed/2 bath ranch home in south Fort Collins. This home is situated on a quiet cul-de-sac and backs to open space. On the main floor, you will find an open floor plan, updated light fixtures, hardwood floors in the kitchen and a gas fireplace. This home also has a full, unfinished basement for future expansion. The backyard is fully fenced, has a HUGE deck and storage shed. No HOA! This one won’t last, schedule your showing today!

For more information, please visit: http://windermerenoco.com/listing/62951678 or call Greg Rittner at (970) 460-3033.

Blog • July 17, 2017

Updated Cottage In A Great Location

by Fort Collins

Featuring 3 Bedrooms, 1 Bathroom, Hardwood Floors Throughout And A 1- Car Garage!

https://youtu.be/zjqZTCeGHtE

Welcome Home to 830 Collyer St. in the Heart Of the Old Town Historic District of Longmont. This Updated Bungalow features 3 bed, 1 bath and 1-car garage all on a large 10,168 Sqft lot with Alley Access. New Energy Efficient Windows, Newer Roof, Easy Maintenance Siding, 10 Foot Ceilings, Hardwood Flooring throughout, Updated Chef’s Kitchen with Stainless Stove and DW. Updated Electrical, Nexlight gig fiber and ethernet to each room. Be sure to check out the attic, which has over 1,000 square feet with plenty of room to grow into. Enjoy the Colorado Lifestyle within blocks of Main ST and Collyer park!

For more information, please visit: http://windermerenoco.com/listing/62072328 or call Chris Guillan at (970) 460-3033.

Northern Colorado Real Estate • July 14, 2017

Odds Are…

by Fort Collins

As you drive around Northern Colorado and see homes with “For Sale” signs in the front yard, there is a simple rule of thumb.

If the home is priced under $400,000, the odds are that home is under contract on its way to closing.

If the home is priced over $400,000, the odds are it is still available.

For example…

In Fort Collins there are 275 homes priced under $400,000 on the market (with signs in the front yard). 168 of those are already have a buyer and 107 are still for sale. So, 38% of the homes priced under $400,000 are available to purchase. (Check out the live feed of the homes for sale in Fort Collins under $400,000 HERE.)

For homes priced over $400,000 there is a different story. 454 are on the market in Fort Collins. 171 of those are spoken for which means 62% are still available. (Check out the live feed of the homes for sale in Fort Collins over $400,000 HERE.)

For the rest of Northern Colorado the numbers are very similar. Roughly a third of the homes priced under $400,000 are still available for sale and about two thirds of homes priced over $400,000 are available.

Another important point is this – there is a perception that ALL homes priced under $400,000 are already sold. This is not true. Yes, inventory is tight but there are opportunities for buyers.

►► If you would like a detailed report on the market, we just released our quarterly market report called The Scoop. Contact us to receive a copy. (970) 460-3033 or NoCo@windermere.com ◄◄

Fun Facts • July 7, 2017

The Wellington Explosion

by Fort Collins

What if we told you there is a real estate market that has seen a 300% increase in sales volume in only 5 years?

What if we told you that market was right in our back yard?

The market is Wellington and what is happening there is extraordinary.

Because price increases in Fort Collins have eliminated virtually all options for the sub $300,000 buyer, Wellington has become a very popular place to buy a home.

In June of 2012, the average price there was $185,000. Today it is $300,500!

In 2012 there were 222 residential sales in Wellington. This year is on pace to eclipse 500.

Yes, Wellington has exploded and we don’t see it slowing down anytime soon!

To see homes that are for sale in Wellington, just click here: www.WindermereNoco.com/WellingtonHomesForSale

Fun fact about Wellington:

The Town of Wellington was an oil, coal and agricultural hub throughout the 1800s and became a stopping location for wagon trains, travelers, and military movement between Cheyenne, Wyoming and Fort Collins, Colorado. The town was founded in 1902, incorporated in 1905 and named after C.L. Wellington, an employee of the Colorado and Southern Railroad.

Around the same time the population began to grow in Wellington, woolly mammoth remains were discovered by a construction crew while digging foundations for new homes. The remains were carefully excavated by a University of Colorado team while residents watched with excitement. Unfortunately, after being taken back to the University for further examination, the tusks were dropped and shattered on a floor. In recognition and remembrance of this event, the subdivision where they were found named a street Mammoth Circle.

Wellington maintained a population around 500 throughout the 20th century and grew to about 1,000 until the early 2000s. Today, Wellington is home to a population of nearly 8,300 residents.

Fun Facts & Image Source: www.townofwellington.com

Loveland Real Estate • July 3, 2017

Ranch Home Near Mehaffey Park

by Fort Collins

Featuring 4 Bedrooms, 3 Bathrooms, Mature Landscaping And A Finished Basement!

https://www.youtube.com/watch?v=YmnVXrPr3nI

Showings resume Monday 7/3! Don’t miss out on this ranch style house in West Loveland. Close to shopping, parks and schools. The mature landscaping is great for entertaining or a gardener’s paradise. Finished basement with a wood stove, recreation room, bedroom and a bonus room. Open kitchen/dining room area with built-in bookcases. Backyard includes raised garden beds, sprinkler system, covered patio/deck and a hot tub that needs power and in-ground swimming that needs a liner. Call for more info!

For more information, please visit: http://windermerenoco.com/listing/61523061. You may also contact either Susan Ruff at (970) 581-5775 or Jennifer Cuningham at (970) 646-1921.

Fort Collins Real Estate • July 3, 2017

Beautiful Ranch On A Quiet Cul-De-Sac

by Fort Collins

Featuring 3 Bedrooms, 2 Bathrooms, A Gas Fireplace And A Fully Fenced Yard!

https://www.youtube.com/watch?v=vQSf9WnncYU

Don’t miss out on the opportunity to own this 3 bed/2 bath ranch, in Waterglen. Situated on a quiet cul-de-sac, backs to open space and is close to the neighborhood park. Features include: laminate flooring and newer appliances in the kitchen, a 5-piece master bathroom with a walk-in closet and a third bedroom that could be used as a study/office. Yard is fully fenced, ready for the Colorado summer nights. HOA includes non-potable water for landscaping. Offers due 7/1 by 1:30 pm.

For more information, please visit http://windermerenoco.com/listing/61520620 or call Greg Rittner at (970) 460-3033.