Market Update – COVID19 Special Edition
Taking a look at current market data and historic trends to keep you informed on the state of our real estate market. Continued updates to come over the coming weeks.
Virtual Home Buying
4/11/2020: Under Colorado’s Stay At Home Order in effect until 4/26/2020 and recommendation of National & Local Real Estate Boards Real Estate is operational but NOT business as usual. Businesses in the real estate industry have adjusted business practices to minimize risk of exposure to COVID19. Following is an info graph to illustrate how technology is being used to minimize in-person contact to keep the home buying process moving forward.
Any needed in-person activity will maintain a minimum of 6′ distance, individuals will wear face masks & wash hands or use hand sanitizer before/after touching anything.
Others involved throughout the process have adjusted their protocols.
For example an inspectors current process(3/27/2020):
We continue to practice social distancing and follow a strict cleaning process for our tools/ hands before, during, and after each inspection. We are asking NO ONE (sellers, agents, buyers) attend inspections during this time. While this is not our preferred method of service, we feel it is our responsibility to do what we can to limit contact with others. We are happy to make a call/Zoom Meeting from the property at the end of the inspection to go over our findings or answer questions. We are also available once you’ve read the report to clarify anything additional.
Optimal professional and spectacular marketing!
Jim & Toni W. (Seller in CKSII in Littleton)
Extremely professional REALTOR®
Gerardo & Molly S. (Buyer in Adona Aurora & Seller in Sunstone Aurora)
Nextdoor Neighborhood Favorite
Overwhelmed with gratitude to find out I’ve been named a Neighborhood Favorite on Nextdoor by being the #1 recommended REALTOR® in the area! Thank you to my past, present and future clients for the opportunity to serve your real estate needs!
Adding Value To Your Home
Are you considering making improvements to your property?
Before starting projects, ask yourself: “am I making updates for me or to add value to my property when I sell?”
Many homeowners think they need to undertake projects when preparing their home for the market. It takes an experienced professional to know which projects deliver value, yielding you a return on your investment and which will likely be an unnecessary expense. If you’re making improvements with the goal of increasing the value of your home please give me a call, I’d be happy to meet with you to help evaluate which projects make sense and work with you on a customized high value success plan in preparing to sell your home.
Here are the top remodeling/home maintenance projects homeowners take on with an estimated expense, reported from Homeadvisor.com and the Hanley Wood Media Inc. Cost vs Value Report (2018):
- AC replacement: $4,277
- Bathroom remodel: $19,113 (midrange), $61,703 (upscale)
- Exterior painting: $2,636 (midrange) $4,855 (upscale)
- Furnace replacement: $4,046
- Garage door replacement: $3,484
- Kitchen remodel: $21,193 (minor), $63,485 (midrange), $126,455 (upscale)
- Roof replacement: $11,250
- Water heater replacement: $1,345
- Window replacement $15,903
Do you need quality contractors to help with your improvements?
I’ve worked with many professionals and would be happy to put you in touch with reputable contractors. I know great plumbers, HVAC, handymen, interior designers, painters, housekeepers and more…
Please contact me to discuss projects you’ve been considering or if you’re looking for contractor recommendations. I’m never to busy to answer your questions and provide excellent real estate service to you and your referrals.
Denver Real Estate Update: Q4 2018
Putting your interest first
Thorough & detail oriented
John & Brenda H. (Seller in Highlands Ranch)