Door to door move

If you’re like many homeowners, you’re interested in selling your current home to move on to the next chapter of your life BUT you’re afraid your house will sell faster then you can find your replacement home. Who wouldn’t prefer a door to door move over a temporary housing situation? Here are 4 potential solutions to help ease your anxiety and seamlessly move you from your current home to your new home.

1. Buy first. Some are fortunate enough to be in a position to buy then sell. If you don’t just have the cash lying around perhaps you have enough equity in your current home for a bridge loan toward a down payment, or you’re able to borrow money from a retirement account or receive a “gift” to be used as a down payment. Before pursuing this option be sure to speak with your lender if you’ll be financing a portion of the purchase price. There may be certain requirements that need to be met or documentation needed.

2. Rent back. If prospective buyers know up front you need to find a replacement home, many will be happy to work with you on a rent back. A number of details should be agreed upon up front between you and the Buyer if pursuing this option.

3. Extended close. Once again, if prospective buyers know up front you need to find a replacement home you may find one that would agree to a closing further out than 30 days. A number of details should be considered before entering in a contract with a prospective buyer with this option.

4. Conditional sale provision. Just like a buyer who’s contract is contingent upon the sale of their existing home, you can add language into the additional provisions of the contract providing you as the seller an out by a certain date if you haven’t successfully found your replacement home. There are likely fewer buyers who will agree to this provision, but it’s another option to weigh with your REALTOR and prospective buyer.

There are pro’s and con’s to each option. Be sure to consult with your REALTOR to discuss your options and the best way to achieve finding a buyer who is not only flexible but well qualified. For more information and a consultation on this topic, contact Jennifer Blake today!

Columbine

Columbine consists of more than 10 neighborhoods on the Southwest side of Littleton, Colorado (80123 and 80128). It’s a desirable area for families with convenient access to shopping, downtown Denver, the Rocky Mountains, parks, trails and top rated schools.  The majority of properties in Columbine are detached single family, with a few townhome communities and no condo’s.  The three High Schools servicing this community are: Columbine, Chatfield or Heritage High School.

  • Columbine Country Club – elite neighborhood sits East of Platte Canyon and South of Bowles. This community features custom homes with country club amenities. 2014 home sales ranged from $500,000 to $1.2 Million
  • Columbine Heights – well appointed neighborhood developed in the mid 1960’s-late 1970’s sits North of Coalmine and West of Platte Canyon. 2014 home sales ranged from $525,000-$610,000.
  • Columbine Hills – entry level neighborhood sits East of Pierce and South of Ken Caryl Ave. 2014 home sales ranged from $208,900-$380,000.
  • Columbine Knolls -mid level Columbine neighborhood developed in the mid 1960’s to mid 1970’s sits between Ken Caryl Ave, Coal Mine, Sheridan and Pierce.  2014 home sales ranged from $281,750-$472,900.
  • Columbine Knolls Estate – small development built mid 1970’s, sits between Ken Caryl, Wadsworth, Pierce and David. 2014 home sales ranged from $441,100-$490,000.
  • Columbine Knolls North – small, late 1970’s to early 1980’s development situated West of Pierce and North of Coal Mine.  2014 home sales ranged from $330,000-$400,000
  • Columbine Knolls South – established, mid level Columbine neighborhood built mid to late 1970’s situated between Wadsworth, Chatfield, Pierce and Ken Caryl. 2014 home sales ranged from $304,000-$529,000.
  • Columbine Knolls South II – sought after neighborhood, developed from 1980-the mid 1990’s, situated between Wadsworth, Chatfield, Carr and Ken Caryl. 2014 home sales ranged from $375,000-$525,000.
  • Columbine Lake – townhome community developed in the mid 1970’s to the West of Platte Canyon, just South of Bowles. 2014 home sales ranged from $143,325-$247,600.
  • Columbine Manor – One of the original Columbine neighborhoods, developed in the 1960’s situated West of Platte Canyon and North of Ken Caryl. 2014 home sales ranged from $327,000-$368,000.
  • Columbine West – entry level neighborhood developed in the early to mid 1970’s, situated between Ken Caryl, Wadsworth, Coal Mine and Pierce. 2014 home sales ranged from $126,000-$450,000.

View Columbine real estate market activity with information on homes actively for sale, under contract or recently sold.

Thinking about buying or selling in Columbine, I’m here to understand your goals, provide professional service and deliver outstanding results.

Jennifer Blake, Columbine Realtor®

Call/text/email 303.842.2306 or jblake5280@gmail.com

 

Certified Negotiation Expert (CNE)

Jennifer Blake
Receives 
“Certified Negotiation Expert (CNE®)” Designation

Professional negotiation skills are a must for all real estate agents helping home buyers and sellers, especially in the current market 

Jennifer Blake, Denver REALTOR has been awarded the Certified Negotiation Expert (CNE®) designation by the Real Estate Negotiation Institute (RENI). The CNE® is earned by real estate professionals after successfully completing formal negotiation training from the Real Estate Negotiation Institute. Agents who receive this certification are in the top 1% of all agents nationally.

With professional negotiation skills, agents are able to help clients obtain better results in the sale or purchase of their home. CNE® agents have a powerful competitive edge because of their ability to 1) communicate effectively to uncover more information, 2) help clients understand their options, 3) work collaboratively with others, and 4) resolve deadlocks. CNE® agents have a thorough understanding of how to negotiate effectively to help achieve their client’s goals.

The Real Estate Negotiation Institute is the leading negotiation training and coaching company in the real estate industry. Tom Hayman, the CEO and Co-Founder of the Real Estate Negotiation Institute, is a professional negotiator with 35+ years of negotiation experience, including 25 years with The Procter and Gamble Company (Fortune 50 company). Hayman asserts “Any Buyer or Seller who hires a CNE® agent can feel confident they have one of the best trained negotiators in real estate. They should achieve superior results and have better resolution of all issues when represented by a CNE® agent.”

 

For more information visit www.theRENI.com.

With multiple buyers for every available home, listings that are priced appropriately, marketed professionally and show nicely are moving quickly. Check back as new listings are added or contact me to subscribe you to an MLS search with email notifications on listings that match your search criteria.

6495 E Happy Canyon Rd #65, Denver 80237 – UNDER CONTRACT

2 bed / 2 bath / 1,224 sq ft

Listed for $189,900

2 spacious bedrooms with 2 bathrooms in close proximity to Tech Center, Downtown, Lightrail, I-25 and 225. Both bedrooms have large walk-in closets and master has private ensuite bath. Unit includes washer, dryer, fireplace, skylight, balcony and carport. Updated windows and laminate flooring. Buyer will receive a Fidelity National Comprehensive Plus Home Warranty. Canyon Club Condos offers amenities such as fitness center, pool, hot tub, clubhouse and game room. Complex is FHA, VA and Conventional approved! Approximately .5 mile to the Southmoor station on the H line or less than 1 mile to the Belleview station on the E, F and R lines.

6495 E Happy Canyon Rd #63, Denver 80237 – UNDER CONTRACT

3 bed / 2 bath / 1,584 sq t

Listed for $280,000

Highly desirable low maintenance, single story living in Canyon Club! Spacious floorplan with vaulted ceiling, gas fireplace, walk-in pantry, 3 bedrooms, 2 bathrooms and fenced patio. No stairs, no one above you or below you and low maintenance outdoor living space! Amazing location with easy access to Tech Center, Downtown, Lightrail, I-25 and 225. Master has remodeled private ensuite bath with double sinks. Full hall bath has been beautifully remodeled. Updated windows, furnace/AC replaced 2015 and newer stainless appliances. Approximately half mile to the Southmoor Station on the H line or less than 1 mile to the Belleview Station on the E, F and R lines. Buyer will receive a Fidelity National Comprehensive Plus Home Warranty. Canyon Club Condos offers amenities such as fitness center, pool, hot tub, clubhouse and game room.

9760 Gilpin St, Thornton, CO 80229 – UNDER CONTRACT

3 bed / 1 bath / 1,583 finished sq ft

Listed for $269,000

Located on a quiet cul-de-sac in McCoy Hills. Convenient access to I-25 and future N lightrail station (opening 2018). Desirable ranch floorplan with spacious eat-in kitchen, newer roof replaced 2014, newer windows, remodeled bathroom, central AC, bonus sunroom and the park like backyard you’ve been dreaming of. Spacious master retreat with walk-in closet and large private sunroom to enjoy the serene backyard year around. Living room has a wood burning fireplace and the large eat-in kitchen is open to the family room. With 1,573 finished sq ft you’ll have plenty of room for guests and entertaining. Private fenced backyard includes covered patio, mature landscape, large storage shed with loft and 2 smaller sheds for plenty of storage. All appliances included and Buyer will receive a Fidelity Comprehensive Plus Home Warranty. This home has been well cared for, is move-in ready and one of the best values in Denver under $300,000.

16938 E Stanford Pl, Aurora, CO 80015 – SOLD

3 bed / 1 bath / 854 total sq ft

Listed for $248,500

This cute single family ranch is located on a quiet cul-de-sac in Cherry Creek School district. Living room has vaulted ceilings, including a wood burning stove and is open to the spacious kitchen and dining area. 3 bedrooms, 1 full bathroom. Bathroom recently remodeled. Step out to the spacious fenced backyard with covered patio for relaxing or entertaining. 1 car attached garage, all appliances included. Excellent location with easy commute to Tech Center/Inverness or DIA. Located approximately 3 miles from both the Nine Mile and Iliff Lightrail Stations on the R & H lines. Enjoy the nearby Quincy Reservoir and Cherry Creek State Park. Water heater replaced 2017, newer windows. Buyer will receive a Fidelity Comprehensive Plus Home Warranty.

9473 Clermont St Thornton 80229 – SOLD

3 bed / 2 bath / 1,971 total sq ft

Listed for $290,000, Sold for $302,000

You’ll feel right at home in this 2 story with open concept living. Main level features recently updated wood flooring, living room with gas burning fireplace, dining area, bar seating in kitchen and a walk-in storage area for pantry and washer/dryer. Upstairs is 3 bedrooms, 2 full bathrooms, including master with ensuite. Step out to the spacious fenced backyard with deck and pergola perfect for relaxing or entertaining. Downstairs you’ll find an unfinished basement, great for additional storage or to finish to your desire if you’d like additional bed/bath or rec room or man cave. Excellent location with easy access to I-25, I-76, several blocks to the South Platter River Trail (18 miles of paved trail), walking distances to 2 neighborhood parks and less then .5 mile to the future N light rail line opening 2018. Water heater replaced 2014, Central AC installed 2012. Buyer will receive a Fidelity Comprehensive Plus Home Warranty.

3700 S Bannock St Englewood 80110 – SOLD

2 bed / 1 bath / 830 finished sq ft

Sold for $285,000

Charming ranch in Old Englewood. Desirable location, approximately half mile to the Englewood Lightrail/RTD with easy commute to downtown Denver! Easy access to S. Broadway, Santa Fe, Riverpoint and endless entertainment options. This historic home has been updated with raised ceilings, new drywall, updated kitchen with gas range, updated bathroom, new carpet in living/bedrooms – with hardwoods below, walk-in pantry. Concrete has been recently replaced on the large covered front porch, sidewalk and stairs. Step out to the fenced backyard with covered deck, utility shed and oversized, heated 4-car garage! Unfinished basement is great for storage. Fidelity Comprehensive Plus Home Warranty Included.

16335 W 62nd Ln #B Arvada 80403 – SOLD

2 bed / 3 bath / 1,521 total sq ft

Sold for $327,500

Better than new townhome with many upgraded finishes throughout. Located in beautiful Boyd Ponds surrounded by views, yet close to everything. Main level features open concept living with cozy gas fireplace, dining area and kitchen with bar seating area. Kitchen has upgraded cabinets, slab granite, stainless appliances and gas stove. Large master bedroom complete with a serene ensuite, oversized shower, double sinks and walk-in closet. Second bedroom has a private ensuite bath and oversized closet. Washer and dryer hookups conveniently located on 2nd floor. Enjoy the fenced patio with hardscaped sitting area. 2 car attached garage. Close to the mountains with easy access to I-70 and Golden. 15 miles from downtown Denver and 18 miles from Boulder. Buyer will receive a Fidelity Comprehensive Plus Home Warranty.

465 W Caley Cir Littleton 80120 – SOLD

3 bed / 3 bath / 2,684 total sq ft

Sold for $400,000

Charming ranch in Old Littleton. Walk to Ketring Park, Gallup Park, Bemis Library, approximately 1 mile from Sterne Park, Historic Downtown Littleton & Lightrail! Main level features beautiful hardwoods, updated kit, family room w/fireplace, dining room w/brick wall & brick oven BBQ/fireplace inset, master bed with 3/4 bath ensuite, full hall bath, 2nd bdrm & office – could be converted into 3rd main level bedroom. Step out to the large private backyard w/mature landscape featuring covered patio, hot tub, 2 water features, utility shed w/workbench & power, greenhouse & gated side yard w/concrete pad ready for RV/boat! Finished basement has 3rd bdrm (non-conforming but window could be converted to egress); entertaining area w/fireplace; full bth & utility space for storage. Newer roof (2014), newer furnace (2012) PRE-PAID solar panel lease to save on energy bills – current owners saving approx $1000 a yr since panels were installed.

6495 E Happy Canyon Rd #106 Denver 80237 – SOLD

2 bed / 2 bath / 1,024 sq ft

Listed for $183,500, Sold for $188,000

Nicely updated, ground level unit in close proximity to Tech Center, Downtown, Lightrail, I-25 and 225; across the street from Cherry Hills. Master bedroom with ensuite bath. Large fenced patio with tall privacy fence. Washer and dryer hookups in unit. Canyon Club Condos offers amenities such as fitness center, pool, hot tub, clubhouse, game room. Roofs were replaced 2012-2013, exterior was painted 2014. Updated windows, furnace and AC are new. Complex is FHA and VA approved!

7318 S Zephyr Way Littleton 80128 – SOLD

4 bed / 4 bath / 3,266 sq ft

Listed for $456,000

3 days on the market, sold for $456,000

Beautiful remodel, ready to call home in Columbine West! Enjoy the spacious living area on the main level with living room, formal dining room, large kitchen featuring solid cherry cabinets, slab granite counters, island, walk-in pantry, and family room with fireplace open to kitchen. Step out to the peaceful backyard with deck, natural gas tap, utility shed and side yard ready for your RV! Upstairs you’ll find a private master with vaulted ceiling, 5 piece ensuite with jetted heated tub and walk-in closet with custom built-ins. Down the hall are 2 additional bedrooms and a full bath. Finished basement has a 4th bedroom (non-conforming but window could be converted to egress easily); entertaining area; flex room perfect for home gym, office, craft room or convert into a 5th bedroom; powder room and storage space. Recent upgrades: new carpet, travertine floors, gutters, windows/glass, window coverings, interior doors, pine trim, texture, interior & exterior paint. Pride of ownership! Visit http://tours.virtuance.com/public/vtour/display/587791 for pictures and call Jennifer Blake for questions or to schedule your private showing, 303-842-2306

6495 E Happy Canyon Rd #71 Denver 80237 – SOLD

2 bed / 2 full bath / 1,224 sq ft

Listed $186,000

2 days on the market, sold for $190,000

Location! Location! Location! 2 bed, 2 full bath condo in close proximity to Tech Center, Downtown, Lightrail, I-25 and 225. Master bedroom has a large closet with ensuite bath. Unit includes washer, dryer, fireplace, balcony and carport. Updated windows and newer water heater. Buyer will receive a Home Warranty. Canyon Club Condos offers amenities such as fitness center, pool, hot tub, clubhouse and game room. Roofs were replaced 2012-2013, exterior was painted in 2014. Complex is FHA approved! Visit http://tours.virtuance.com/public/vtour/display/557710 for pictures and call Jennifer Blake for questions or to schedule your private showing, 303-842-2306.

6495 E Happy Canyon Rd #80 Denver 80237 – SOLD

2 bed / 2 full bath / 1,024 sq ft

Listed $167,500

2 days on the market, sold for $180,000

Location! Location! Location! Ground lever condo in close proximity to Tech Center, Downtown, Lightrail, I-25 and 225. Master bedroom has a large closet with ensuite bath. Large fenced patio area. Washer and dryer hookups in unit. Buyer will receive a Home Warranty included. Canyon Club Condos offers amenities such as a fitness center, pool, hot tub, clubhouse, game room. Roofs were replaced 2012-2013, exterior was painted in 2014. Updated windows, electric panel and newer water heater. Complex is FHA approved! Visit http://tours.virtuance.com/public/vtour/display/553262 for pictures and call Jennifer Blake for questions or to schedule your private showing, 303-842-2306.

5350 S Bahama Ct Centennial CO 80015 – SOLD

3 bed / 3 bath / 2,356 sq ft

Listed $339,000

2 days on the market, sold for $350,000

Wonderful home on cul-de-sac with desirable floorplan! This home offers many desirable features including oversized garage; large master suite; eat-in kitchen and bar seating area; family room with fireplace open to kitchen; and formal dining room. Master has vaulted ceiling, skylight, 5 piece ensuite and large walk-in closet. Unfinished basement great for storage or finish if you desire. Spacious fenced yard with deck. Newer roof replaced 2014, newer carpet replaced 2014. Home Warranty included. Cherry Creek Schools. Visit http://tours.virtuance.com/public/vtour/display/552121?idx=1 for pictures and call Jennifer Blake for questions or to schedule your private showing, 303-842-2306.

8099 S Yukon St Littleton 80128 – SOLD

3 bed / 3 bath / 3,444 sq ft

Listed $499,000

3 Days on the Market Sold for $500,000

Remarkable home in an ideal setting for entertaining! This home offers many desirable features including 3 car garage; larger bedrooms + office with custom built-ins; eat-in kitchen with quartz counters and bar seating area; family room with fireplace open to kitchen; and formal dining room. Master is a true retreat with vaulted ceiling, setting area with fireplace, balcony over looking serene backyard, large walk-in closet, 5 piece ensuite with jetted tub and walk-in shower with dual shower heads. Additional bedrooms are large with walk-in closets. Basement has rough in and egress windows, ready to finish if you desire or use as storage. Private backyard is stunning and functional: covered patio equipped with natural gas tap for grilling, park like landscape with room to play, fenced dog run in side yard. New C4 impact resistant roof and exterior paint. Pride of ownership! Home Warranty included. Walk to Coronado Elem, a Gifted & Talented Center School. Visit http://tours.virtuance.com/public/vtour/display/537085?idx=1 for pictures and call Jennifer Blake for questions or to schedule your private showing, 303-842-2306.

8106 S Yukon Way Littleton 80128 – SOLD

4 bed / 4 bath / 4,195 sq ft

Listed $495,000

12 Days on the Market – closed for $490,000

Fall in love with all the extra’s this meticulously maintained home has to offer. With 4,100+ finished sq ft on 1/3 acre lot you’ll have plenty of room to play and entertain. Featuring 4 large beds + office; eat-in kitchen with newer stainless appliances including gas range and convection double oven/microwave combo; sunroom; 2 EPA rated fireplaces; formal dining; Romeo & Juliet balcony. Finished basement boasts custom bar; built in Sub-Zero beverage fridge; workshop with dedicated sub panel. Basement finished with DRIcore subflooring system. Private backyard with paver patio, retractable awning, mature landscape & hobby greenhouse. Over $70K in recent improvements. New C4 impact resistant roof, new energy efficient windows, Hunter Douglas window coverings (including motorized coverings for hard to reach windows); new furnace, new exterior paint. 14 month Blue Ribbon Warranty included. Walk to Coronado Elem, a Jeffco Gifted & Talented Center School. Visit http://tours.virtuance.com/public/vtour/display/482213?a=1 for pictures and call Jennifer Blake for questions or to schedule your private showing, 303-842-2306.

7638 S Ammons Ct Littleton 80128 – SOLD

4 bed / 3 bath / 2,471 sq ft

Listed $438,000

2 Days on the Market – closed for $438,000

Meticulously maintained home on an oversized corner, cul-de-sac lot. Be the envy of your neighbors with best yard on the block; featuring oversized covered deck, flagstone front patio, plenty of room for yard games, professionally landscaped with dramatic landscape lighting, shed and riding mower included. Main level has wood floors, large eat-in remodeled kitchen, formal dinning room and sunken family room open to kitchen with gas fireplace. Master suite has vaulted ceiling, walk-in closet and 5 piece bath includes jetted tub. Coveted 3-car garage, new roof (2014), new insulated garage doors, new sump pump, new refrigerator. 14 month Home Warranty included. Basement is unfinished with rough in plumbing, ready to add 3/4 bath. Home is located in desirable Columbine Knolls South II, elementary school is Coronado – a Jeffco Gifted & Talented Center School. Visit http://tours.virtuance.com/413081 for pictures and call Jennifer Blake for questions or to schedule your private showing, 303-842-2306.

6495 Happy Canyon #38 Denver 80237 – SOLD

2 bed / 2 bath / 1,224 sq ft

Listed $164,000

2 Days on the Market – multiple offers – closed for $178,500

Spacious ground level, end unit condo in close proximity to Tech Center, Downtown, Lightrail, I25 and 225. Master bedroom has walk in closet and onsuite bath. Kitchen and both bathrooms have been recently updated. Spacious fenced patio, with bonus side yard from being corner unit. Water heater replaced 2013, furnace replaced 2015. Carport is conveniently located right next to unit. Buyer will receive a 14 month Blue Ribbon Home Warranty. Canyon Club Condos offers many amenities such as a fitness center, pool, hot tub, clubhouse, game room and nicely manicured courtyards. Roofs were replaced 2012-2013, exterior was painted in 2014. Visit http://tours.virtuance.com/public/vtour/display/395086 for pictures and call Jennifer Blake for questions to schedule your private showing, 303-842-2306.

6495 Happy Canyon #107 Denver 80237 – SOLD

2 bed / 2 full bath / 1,224 sq ft

Listed $173,000

2 Days on the Market – multiple offers – closed for $178,000

Location! Location! Location! Spacious condo tastefully updated and in close proximity to Tech Center, Downtown, Lightrail, I-25 and 225. Master bedroom has a large closet, ensuite bath and peaceful views of open space. Private, tranquil balcony back to open space. Windows recently replaced, 2010 kitchen remodeled, 2014 both baths remodeled and water heater replaced. Buyer will receive a 14 month Blue Ribbon Home Warranty. Canyon Club Condos offers many amenities such as a fitness center, pool, hot tub, clubhouse, game room and nicely manicured courtyards. Roofs were replaced 2012-2013, exterior was painted in 2014. Visit http://tours.virtuance.com/369486 for pictures and call Jennifer Blake for questions to schedule your private showing, 303-842-2306.

6495 Happy Canyon #106 Denver 80237 – SOLD

2 bed / 2 full bath / 1,024 sq ft

Listed $153,000

2 Days on the Market – multiple offers – closed for $160,000

Location! Location! Location! Ground level condo nicely updated and in close proximity to Tech Center, Downtown, Lightrail, I25 and 225. Master bedroom has a large closet with ensuite bath. Large patio area that backs to greenspace. All appliances included – even washer and dryer. Buyer will receive a 14 month Blue Ribbon Home Warranty. Canyon Club Condos offers nice amenities such as a fitness center, pool, hot tub, clubhouse, game room and nicely manicured courtyards. Roofs were replaced 2012-2013, exterior was painted in 2014.  Visit http://tours.virtuance.com/public/vtour/display/317436 for pictures and call Jennifer Blake for any questions or to schedule your private showing, 303-842-2306.

8088 S Yukon St Littleton CO 80128 – SOLD

4 bed / 3.5 bath / 3,820 total sq ft (2,828 finished)

Listed $449,900

7 Days on the Market – multiple offers – closed for $456,000

Remarkable home in desirable Columbine Knolls South ll. Fall in love with the layout and all the little extras this home had to offer. Main level: large eat-in kitchen with island and quartz counters, formal dinning room and family room open to kitchen with gas fireplace. Upper level: master suite with vaulted ceiling, remote control fireplace, incredible walk-in closet, heated bathroom floor, jetted tub, oversized shower with silestone surround. 3 additional bedrooms,2 additional bathrooms, including a Jack and Jill. 3-car garage with work bench, cabinets and large sink for convenient clean up. Large backyard, utility shed, triple pane windows. Buyer will receive 14 month Home Warranty. Visit http://tours.virtuance.com/public/vtour/display/317436 for pictures and call Jennifer Blake for any questions or to schedule your private showing, 303-842-2306.

8159 S Yukon St Littleton CO 80128 – SOLD

 4 bed / 3 bath / 3,717 total sq ft

Listed at $424,900

Sold $425,000

This beautiful home has too many desirable features to list, you must see for yourself. Highlights include: updated kitchen, stainless appliances, solid surface counters, island, 2 ovens, pantry. Main level is perfect for entertaining with a formal dining room, family room with gas fireplace that is open to kitchen. Spacious master retreat with jetted tub and walk-in closet. Flex loft space, currently being used as an office or you could use as a playroom or extend the master suite. Large fenced backyard with oversized deck, 2 sheds and garden beds. Basement has been partially finished with a fifth conforming bedroom and more storage. Located in desirable Columbine Knolls South II. Convenient access to shopping, dining, excellent schools, public transportation, Chatfield Reservoir, Lockheed Martin, a short drive to downtown Denver and the Tech Center. The elementary school is Coronado – one of Jeffco’s Gifted and Talented Center Schools!!Visit http://tours.virtuance.com/307396 for pictures and call Jennifer Blake for any questions or to schedule your personal showing.

8622 S Balsam St Littleton CO 80128 – SOLD

4 bedrooms / 2 bathrooms

Listed at $284,900

2 Days on the Market – multiple offers – closed for $293,000

Beautifully maintained home in desirable Meadowbrook Heights. Featuring high-end bathroom remodel, new furnace, new central AC, newer roof and windows, large fenced backyard, oversized deck with pergola, garden, playground, shed and RV parking. 11,849 sq ft lot and NO HOA. For more photos and information visithttp://tours.virtuance.com/282906  or call Jennifer Blake @ 303-842-2306

16702 E Kentucky Ave Aurora CO 80017 – SOLD

4 bedrooms / 3 bathrooms

Listed at $249,900

2 Days on Market – multiple offers – closed for $250,000 with no concessions

Beautifully updated and well maintained, spacious detached home. Open living floorplan with vaulted ceilings. New windows, roof, carpet, water heater. Remodeled eat-in kitchen with new cabinets and stainless steel appliances. Remodeled bathrooms. Private mater suite, with walk-in closet and on-suite has huge soaker tub. Enjoy the gas fireplace on cool nights. Formal dining room and covered patio great for entertaining. 2 car garage. Tollgate Village is close to it all, shopping, dining, transportation, recreation, DIA and Buckley Air Force Base. For more photos and information visit  http://www.obeo.com/945678 or call Jennifer Blake @ 303-842-2306.

12907 Lafayette St #E Thornton CO 80241 – SOLD

2 bedrooms / 2 bathrooms / 1 car garage

Listed at $169,000

2 Days on Market – multiple offers – closed for $169,000 with no concessions

Immaculate condo in desirable Hunters Glen. Open living space with vaulted ceilings. Spacious kitchen with stainless steel appliances. Enjoy the gas fireplace on cool nights and your balcony overlooking green space. Bedrooms are spacious with walk in closets. Private master with on suite. 1 car garage with built in storage located closest to the building. HOA includes a pool, water, trash, exterior maintenance, snow removal.  For more photos and information visit http://www.obeo.com/931352 or call Jennifer Blake @ 303-842-2306.

9107 W Chestnut Ave Littleton CO 80128 – SOLD

3 bedrooms / 2 bathrooms / cul de sac adjacent to park

Listed at $272,500

1 Day on Market – multiple offers – closed for $276,500 with no concessions

Beautiful, move-in ready house in a great neighborhood. Located on a cul-de-sac adjacent to a park. Great schools, elementary school is Coronado which is one of Jeffco’s Gifted and Talented Center Schools. Kitchen is gorgeous with updated cabinets, solid surface counters and integrated sink. Bathrooms have been renovated with high end finishes. Open living area with lots of natural light. Need more, how about a new roof, private fenced backyard with garden and shed, built-in cabinets in garage and no HOA dues. From the location to the high quality remodeled finishes you’ll love this house and want to call it home!

5409 Wagonwheel Trl Castle Rock CO 80104 – SOLD

3 bed / 3 bath / cul de sac adjacent to green space

Listed for $225,000

1 Day on Market – multiple offers – closed for $230,000 with no concessions

Great home at a great price in a great neighborhood. This well maintained home is on a quiet cul-de-sac adjacent to green space and walking trails. Master has a walk-in closet and 5 piece bath. Living area is open with vaulted ceiling, skylights and lots of natural light. New roof, new windows, new furnace, private fenced backyard, built-in cabinets in garage. Best value in all of Castle Rock!

7815 S Kalispell Cir Englewood CO 80112 – SOLD

3 bedrooms / 2 bathrooms

Listed for $187,500

2 days on market – closed for $185,000 cash

Perfect townhome for first time buyer or anyone seeking maintenance free living. This immaculately clean and well cared for home has an open floor plan on main level, fenced patio, attached garage, central air, newer roof and hot water heater. Located in desirable Southcreek, award winning Cherry Creek schools and just minutes away from shopping, dining, Meridian, Inverness, DTC, Cherry Creek State Park, neighborhood trails, E470, I-25, and RTD public transportation.

6495 Happy Canyon Rd #120 Denver CO 80237 – SOLD

2 bedrooms / 2 bathrooms

Listed for $156,000

1 day on market – closed for $157,500

Location! Location! Location! Ground level condo with custom upgrades and in close proximity to Tech Center, Downtown, Lightrail, I25. Unit is a 2 bedroom, but has been modified from a 3 bedroom. Can easily convert back into a 3 bedroom. Master bedroom has a large walk-in closet with onsuite bath. Second bedroom is nicely sized with a walk-in closet. Kitchen has been converted into an island with eat in space. Large patio area with storage closet and paver area with lovely gardens. Canyon Club Condos offers nice amenities such as a fitness center, pool, hot tub, clubhouse, game room and nicely manicured courtyards. Roofs were replaced 2012-2013, total exterior painting of all buildings to begin summer 2014.

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5 Tips for anyone Buying or Selling Real Estate in 2015

5. Translating Real Estate Predictions for 2015

Every year experts make predictions on what the future has in store, based on the many predictions I’ve seen, here’s what I see in the crystal ball most likely to affect the Denver Real Estate market. Interest rates on the rise, rates have remained in the low 4’s for the past several years and many experts predict rates will reach 5 by the end of 2015. What this means is affordability will decrease when rates increase, likely causing home values to stabilize. Record high home sales in Denver, with the combination of first time millennial buyers, growing population in Denver, move up buyers who have been waiting for their homes value to provide the equity needed for their next stage in life, empty nesters looking to downsize or move to a warmer climate, and the large number of boomerang buyers who went through a short sale or foreclosure when the market fell approximately 5 years ago – Denver will have extremely high home buyer demand in 2015 and I suspect we will see a record high number of homes sold in 2015. Increase home prices in Denver, values will likely see modest increases this year as values slow from the double digit increases we’ve seen for the past 2 years. We are still in a sellers market with more demand than availability inventory – demand is expected to stay strong in 2015 but when interest rates increase, buyers affordability will counter balance the jumps we’ve been seeing in price. Bottom line, now is a great time to buy or sell property in Colorado. Often times you move because of a life altering event and it’s a necessity, if you’ve been waiting for the right time to move there may not be a better year than 2015!

  1. Understanding Market Value vs Appraised Value

As a buyer or seller, it’s important to understand value is driven by a variety of factors in the market. Market value is the amount a buyer is willing to pay for a property, this is sometimes higher and sometimes less than the appraised value. In a perfect world, an appraiser will come up with a value equal or slightly higher than the purchase price. Why might a buyer be willing to pay more than similar homes recently sold for? Perhaps it’s the only house that check’s every box off your list or the house has a unique feature or desirable location that is difficult for an appraiser to justify an adjustment, or perhaps this is your favorite house and you’re up agains fierce competition with other buyers who have offers on the table. We are still in a strong sellers market, exceptional houses in certain price ranges may attract buyers who either offer more or are willing to pay more than the appraised value. This is a complicated matter that as a buyer or seller you may find yourself in and need to have a realistic idea of an estimated “appraised” value before making an offer or countering/accepting an offer.

  1. Strategize a Door to Door Move

No one wants to move into temporary housing. With realistic expectations paired with a smooth real estate transaction, more often than not you should be able to move directly from your current property to your desired new home. Here are several things that can assist you with a successful door to door move. 1) Have broad search criteria with a realistic price range, be looking in a several mile radius or in multiple neighborhoods with a price range that is within the “average sales price” for the area. The “average sales price” varies across the Denver Metro in some areas you can find a detached single family for $200,000-$250,000 and other areas you’ll need at least $400,000. 2) Have a realistic timeline, from contract to close you’ll typically need 4-6 weeks. In certain circumstances you can close in 2 weeks but that is not the norm. Even with a 4 week close you should plan a little buffer time to plan and prepare. 3) Work with a team of professionals. On your team it’s imperative you have an experienced REALTOR and lender (unless you’re a cash buyer). This is likely one of the largest purchases of your lifetime, do not underestimate the complexity of details involved and the unexpected turns that could happen. Your lender is just as important as your REALTOR, especially if you’ve had a credit event in recent years such as a short sale, foreclosure, NED or bankruptcy – you may be able to qualify but DO NOT take that risk with anyone other than an trusted expert in purchase loans.

  1. How to handle a competitive offer situation

In Denver’s currently strong sellers market, as a buyer or seller you need to be prepared for multiple offers. For a Seller, the highest offer is quite possibly not the best – let your REALTOR advise you on the various factors to evaluate to determine which Buyer is most likely to successfully close on your property. For a Buyer, first and foremost, you need to be pre-approved with a reputable local lender to be competitive. I stress pre-approved as this means your financial background has been seen and verified by your lender and you’ve gone beyond simply completing an online loan application. As mentioned previously, working with a trusted expert in purchase loans will greatly benefit you, a good listing agent will vet your lender before discussing offers with their client and be more comfortable advising the Seller to work with a lender they have a positive track record with. While there are many lenders out there, few have a highly esteemed reputation that will increase your competitiveness. Other considerations as a buyer is having tight deadlines; no contingency if possible; increasing your earnest money; making your offer stick out; and having a clean offer, you’d be surprised at the number of individuals who have a Colorado Real Estate License but do not professionally complete the Contract to Buy and Sell.

  1. Talking through your real estate needs and expectations

Buying or selling a house is a big decision. It’s important to understand what is motivating you to make the move, set your goals and prioritize your wish list. If you are a current homeowner, be sure your REALTOR provides you with your estimated net proceeds – based on a realistic market value for your home, this will be needed to help determine a realistic budget for your next home. Whether you’re a seasoned homeowner or a first time homebuyer be sure to work with someone who is there to understand your needs and work hard to serve YOU.

If you’ve been thinking of buying or selling a home in the Denver Metro contact me to discuss your situation and develop a plan customized to your needs. Find out the services I offer to assist my sellers earn more money in less time and my buyers increase their odds of having their offer accepted in multiple offer situations.

-Jennifer Blake, Denver REALTOR

A look at Denver Real Estate – November 2014

Denver real estate stats

 

 

 

 

 

Despite typical seasonal cooling the Denver real estate market continues to outpace year over year demand. As seen above, available inventory of homes available for sale in the Denver Metro is nearly half of last year (source Metrolist). Most areas and price points remain in an extreme sellers market. With skyrocketing rents, growing population, record low interest rates and steady increases to the employment rate, the demand for buying property in the Denver area is high.

The average sales price has risen to $318,477 – up 8% from this time last year. In most parts of the metro this will buy you a nice detached single family home with an estimated monthly payment of $1,800 on 5% down. Average rent on a 1 bedroom apartment in Denver is currently approximately $1,300 a month and for a detached home you’re looking at $1,800 to upwards of $2,500 a month. If you’re paying more than $1,200 a month, I’d encourage you to speak with a lender to see which programs are the best fit for your qualification, set a budget and begin working with a REALTOR who can provide expert guidance on your path to home ownership. While the average sales price in Denver is currently $318,477, you can find a nice condo or townhome for approximately $150,000 – give or take depending on location and size. I’ve assisted countless first time home buyers this year who purchased a property nicer than they were renting and their payments are several hundred dollars a month less. In Aurora, Castle Rock and Thornton you can find a nice detached home for approximately $250,000. As you move into other parts of the metro such as Littleton, Arvada, Parker expect to pay approximately $300,000 for comparable homes and upwards of $400,000 to be in neighborhoods such as Platte Park, Wash Park and the Highlands.

If you’ve been thinking of buying or selling a home in the Denver area contact me to discuss your situation and develop a plan customized to your needs. Find out the services I offer to assist my sellers earn more money in less time and my buyers increase their odds of having their offer accepted in multiple offer situations.

-Jennifer Blake, Denver REALTOR

A look at Denver Real Estate – August 2014

The return of equity
As reported by the Wall Street Journal, home values across the country have regained momentum since the market bottomed out in 2011. Looking at the real estate Denver specifically, according to Case-Shiller, the summer of 2014 put us 10 points higher than the July 2006 recession peak. This is excellent news for homeowners who have been patiently waiting to sell their home to move on to the next chapter of their life. Many household’s have been waiting for a strong equity position to either move-up into a larger home or to downsize and use the profits for their retirement nest egg.

The current market is strong for both buyers and sellers. Buyers are able to afford more bang for their buck with historic low interest rates and sellers are able to maximize their profits with record high values.

How long before the market changes or tips in a different direction? No one knows for sure, but homeownership is part of the American Dream and it’s consistently rated as the best investment possible so I’d suggest you consider homeownership as part of a long term strategy. Not satisfied with the bureaucratic answer,  here are a couple of predictions from industry analysts and experts.

1. Interest rates will reach 5% by 2015 and likely reach into the 6%’s in the foreseeable future.

2. Home values will cumulatively appreciate 19.5% by 2018. As reported by Pulsenomics surveys, a nationwide panel of over one hundred economists, real estate experts and investment & market strategists.

3.  The average homeowner has a net worth of $174,500 while the average net worth of a renter is $5,100 (according to a study conducted and published in June of 2012 by the Federal Reserve ).

No matter where you are in the cycle of homeownership, now is a great time to either invest in your future or cash in the gains from your long term investment.

A look at Denver Real Estate – July 2014

Have you been waiting for the right time to sell your home and move on to the next chapter of your life? Now is an amazing time for you to speak with your REALTOR to determine how much your home has appreciated in value and estimate your net proceeds if you were to sell your home. If you’ve been in  your current home for 5 or more years, odds are you need more space, need a more functional home or perhaps are ready to downsize. No matter your situation, now is an amazing time to sell a home in the Denver market.  With skyrocketing rents, record breaking first time home buyers, historic low interest rates and a growing population in Denver – multiple prospective home buyers are lined up waiting for homes to buy.

Contact Jennifer Blake today to discuss your real estate needs and questions. When speaking with your Denver REALTOR be sure to ask how they will differentiate your home to maximize your profits and the types of tactics and strategies they use to achieve your goals – whether that’s a door to door move, quick close or selecting the best buyer.

A Look At Denver Real Estate – June 2014

Understanding market value vs what the market will bare

Denver is still in a strong sellers market which is causing challenges for sellers to obtain their true maximum sales price. With inventory at all time lows and multiple qualified buyers for every available house for sale, the market is running into issues with agreed upon purchase prices over appraised values. So what’s the problem with this, you may ask? Well if a buyer is financing the purchase of a house they are only allowed to finance based on the appraised value, not on what the buyer is willing to pay. For sellers, it’s important to find out the realistic market value of their home before listing and have a contract strategy in place so you don’t suffer from losing out on a purchase price that buyers may agree to in the beginning. For buyers, you too should have a realistic idea of market value before making an offer and a strategy in place in the event your agreed purchase price is above the market value.

I’ve recently been on both sides of this scenario representing sellers and buyers. When handled properly in the beginning everything works out smoothly. But, given current market conditions and subjective appraisals be sure to discuss this situation with your Denver REALTOR before submitting or accepting an offer.

A look at Denver Real Estate – May 2014

Home values rapidly rising

There is no question the Denver Real Estate market is heating up quickly this year. Median sales prices have risen approximately 10% from March 2013 to March 2014 and the number of homes sold month over month compared to last year is pacing nearly 50% higher. At the end of April there were 22,871 home sales in metro Denver compared to 15,542 in 2013! Demand is skyrocketing from first time buyers, relocations to the area, boomerang homeowners who lost their home to foreclosure or short sale several years ago are able to qualify again and existing home owners who have been holding on waiting for values to rise.

It’s an amazing market for sellers but I’m not going to lie, it can be a little scary for buyers. If you’re a current home owner thinking of selling be sure to talk through strategies with your agent for a door to door move, sometimes it works out best to go into temporary housing but it’s not always necessary. If you’re a buyer be sure your agent is utilizing tactics to help your offer stand apart, a strong offer extends far beyond the purchase price.

If you’ve been thinking of buying or selling a home in the Denver area contact me to discuss your situation and develop a plan customized to your needs. Find out the services I offer to assist my sellers earn more money in less time and my buyers increase their odds of having their offer accepted in multiple offer situations.

-Jennifer Blake, Denver REALTOR

A look at Denver Real Estate – April 2014

The year of first time buyers

According to a recent report from the National Association of Realtors (NAR), Millennials now account for the greatest market share of recent home purchases. 74% of Millennials view now as an excellent or good time to buy the things they want or need.Now is a great time for first time buyers, especially in Denver where it’s currently 43% cheaper to buy than rent as reported by the Denver Post and fantastic financing programs are available such as Neighborhood Lift, Metro Mortgage Assistance Plus, Mortgage Credit Certificate and CHFA. There is no question there are many advantages of owning over renting.

If you’ve been thinking of making the move to home ownership, I’m here to understand your goals, provide professional service and assist in preparing you on a successful path to owning your home. Jennifer Blake, Denver Realtor®

A look at Denver Real Estate – March 2014

market snapshot march14Demand for residential real estate is still outpacing available inventory. Twice as many homes either sold or went under contract than we saw in new listings between March 7 and March 14. A recent study by LendingTree shows that 71% of homeowners are thinking of selling in 2014. Also, twice as many first time buyers are expected to enter the market in 2014 compared to 2013. What does this mean? With the increase in property values and confidence in the market there should be extensive activity happening in 2014. We are still in a sellers market, but perhaps we will see the market even out by the end of 2014.

A look at Denver real estate – Feb 2014

denver supply and value trends

 

Denver’s real estate market hit it’s turning point in late 2011 when demand began to increase, supply (number of active listings) began to decrease, resulting in rising sales prices. As seen in this chart, inventory in the Denver metro is currently at it’s lowest point in 5 years and the average sales price has increased by more than $60,000 or 26% in the past 2 years. We are currently in the perfect storm for both home buyers and home sellers.

For current home owners in Denver, this is excellent news as your home has appreciated in value. If you’ve been waiting for the market to strengthen to increase your equity position in the sale of your home, there won’t be a better time in the foreseeable future to make a move. Inventory is at record lows and demand is high with buyers lined up for great properties to hit the market.

For soon to be home owners in Denver, buying now will allow you to afford more house for the money.  Home values are at seasonal lows and will only increase over the next several years. Mortgage rates are also still near historic lows with experts predicting rates to rise a full point by the end of 2014. What this means in numbers is principle and interest rate payments on a $200,000 loan today (4.5% interest rate) are comparable to a $180,000 loan expected this time next year (5.5% interest rate). In other words, now is an excellent time to buy low to begin building your equity and sell high!

No matter where you are in the cycle of home ownership, I’m here to offer resources and keep you informed to make educated decisions related to your greatest investment.

Jennifer Blake, Denver Realtor® – Call/text/email 303.842.2306 or jblake5280@gmail.com

Neighborhoods – Urban

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