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The Real Estate Blog

Another Just Listed: 8990 East 29th Avenue

LOCATION.. LOCATION. LOCATION. yes, this 2-story Tudor Stapleton home is a must have! With nearly a 5,000 SqFt corner lot located directly across a greenbelt with an expansive trail, this immaculate 3 bedroom PLUS loft offers 3 full bathrooms and over 2,600 total SqFt. Te bright and open floor plan features a spacious living room, gorgeous study French doors, great room open to the gourmet kitchen with eat-in island, upgraded appliances, kitchen nook providing fantastic natural light and  access to your private backyard with brick-paver patio, raised vegetable garden and 2-car detached garage.

The second level offers a spacious left, three bedrooms including a spacious master bedroom, mater bath with soaker tub, two tall sink vanities and wonderful walk-0in closet. AND...the unfinished basement is awaiting your creativity. Do you need more bedrooms, a rec room, theater room? You decide as this home has tons of wonderful space. This lovely home also features maple cabinets, upgraded appliances, gleaming oak flooring, crown molding, ceiling fans, surround -sound and so much more.


Affordable Energy-Saving Window Ideas

Ever notice in older homes that radiators and vents are placed right below windows? They are placed there as a measure to combat heat-loss during the winter and to combat heat-gain in the summer. It’s no surprise that windows are poor regulators to bridge the gap between outside and inside temperatures but it’s good to be aware of the measures you can take to reduce heating and cooling costs.

1. Double or triple pane your windows to create more pockets of air for heat to pass through. Air spaces act similarly to the foam or rigid insulation which exist between your exterior and interior walls – both are poor conductors of heat, meaning that it takes longer for heat to leave your home during the winter and to enter your home during the summer. 

2. To increase the insulation effect of air spaces in double and tripled paned windows, either Argon or Krypton gas can be used instead of common air. Odorless, non-toxic and chemically non-reactive, both gases are denser than air, thus further decreasing the rate of heat transfer. Krypton is more effective than Argon, but it costs more.

3. Low-emissivity Coatings (films) applied to windows during the manufacture process help reflect both Ultra-Violet light and Infrared Light (heat causing energy) while permitting visible light to pass through the window. Heat will be trapped inside during the winter and reflected back towards the sun during the summer.

4. South-facing windows receive the most sun-exposure while north-facing windows receive the least. If you are experiencing significant amounts of temperature change in south-facing rooms, one idea is to plant a tree to shade the windows. Not only do the trees provide shade for your windows during the summer, but also they allow for beneficial heat gain during the winter because there are no leaves blocking the sun.


State of the Market

When there are more buyers than sellers in the market, a high demand for homes is created and the state of the current market is referred to as low-inventory.

What does this mean for sellers? Luckily for Sellers, they will have more prospective Buyers willing to pay top dollar and usually a quicker sale.

Unfortunately for Buyers, the search will be tougher and bidding more competitive. What can Buyers do to prevent getting discouraged? Learn about the intended market. Buyers should talk to their realtor: learn enough about recent sales to be able to recognize when prices for new listings are underpriced, at market value, or over-priced, be able to predict which listings will be more competitive. When buyers do make a competing offer and end up empty-handed, it is important not to hastily grab the next listing because Buyers may get Buyer Remorse. Keep in mind a home is usually a Buyer’s largest financial investment, and a place to make memories for generally many years.

On January 20th this year, REColorado released its annual report on the Denver Housing Market for 2014. Specifically reporting about the state of the market they published the following.

Based on information from REcolorado®, Inc. for the period January 20, 2015.

“Following an active summer selling season, inventory levels dropped throughout the fourth quarter of 2014. Weeks of inventory began the year at an 11 week supply, hovered around eight weeks throughout the summer selling season, and ended the year at a record low six-week supply. Homes spent an average of 35 days on the market, 13 days less than the 2013 average, with homes in the $150,000 to $300,000 price range selling the quickest.

The year ended...