The Oscar Goes To...The Premier Condo Market

The Premier residential market was feeling the love in February with its sales volume increasing 6.18 percent month over month, and 12.12 percent year over year. Sellers loved that their homes were not taking as long to sell in February with the days on market down 32.74 percent from the prior month to 76 days. No President’s Day sales were happening in the Premier single-family segment of the market, as the price per square feet increased 4.32 percent from the prior month. The average price of a single-family home in the Premier market was  $589,683 - up 0.07 percent from the prior month. With 999 active residences (single-family) at the end of February, and 1.99 months of inventory, buyers had more to choose from compared to homes under $500,000, but needed to act quickly when a listing came on the market. In the category of highest year-to-date percentage increase in sales and sales volume, 2017 over 2018, the Oscar goes to…the Premier condo market at 24.83 percent sold and 23.93 percent sales volume at over $100 million. Days on market for Premier condos was striking at 237 days, down 27.30 percent from the prior month. There were 261 active listings and 3.18 months of inventory in this segment of the market, so buyers had more to choose from in the Premier condo market over other segments of the market.  Download the full March market trends report here.  

Plan Your Weeked! Open House At 3630 Lipan St, Denver

Come tour this new build in the heart of the highlands! Presented by Deviree Vallejo with Kentwood City Properties and hosted by Brigette Modglin and Mary-Carol Jones

Add a little flair to your house with tile

As we work out way into spring, many of my clients are coming to me and asking what they can do to upgrade their homes either to enjoy themselves or for when they decide to put their home on the market. There are so many great things one can do to keep their house looking fresh and up-to-date. I always recommend re-painting their home every 5+ years for the exterior and keeping the indoor colors tons that future buyers could enjoy. I talk to them about the exterior of their homes and how curb appeal is so important when trying to sell a house but also keeping a nice yard will have benefits for my clients as well.

When it comes to actually updating the house, everyone knows that the two most expensive rooms to remodel are the kitchen and the bathrooms. These rooms require a lot of changes when it comes time to remodel, upgrading appliances alone can cost thousands of dollars. Bathrooms, if budgeted right, can be better to upgrade because if you don’t have to buy the top of the line products, you can still find a lot of great bathroom materials that look expensive but don’t hurt the wallet.

One feature that many people invest a lot of time in when redoing these rooms are the backsplashes and the floors. There are so many different ways to do these both and one thing that can really add flair or keep a room looking crisp is the addition of tile.

Tiles have been around for quite a while but are now being used more and more as actual art pieces within bathrooms and kitchens. When it comes to backsplash for example, you have the opportunity to buy bright, colorful glass tiles that can take any white kitchen from looking plain to all of a sudden looking like a kitchen you might find in a magazine.

Terracotta tiles are a big hit in the kitchen because they have a very natural look to them and instantly bring warmth and comfort to the space.

Subway tile is classic and will continue to be around for a long time. One way to make it stand out more is to add a colored, dark grout to make the space look more unique.

Patterned tile can add so much flavor to a kitchen and can act as more of an art piece then actual tile.

Black and white tile was popular a while back but it has been making a comeback as more and more people are looking to have a classic feel within their homes.

Tile can be expensive so that is something to budget for when you are thinking to remodel. But it doesn’t have to break the bank and it can add so much to your home in the long run!

Sledding & Tubing In Colorad

ADVENTURE POINT

Keystone Mountain Resort

BARNUM PARK

360 Hooker Street • Denver

CARTER PARK

Three blocks east of Main Street • Breckenridge

COLORADO ADVENTURE PARK

566 Co Rd 721 • Fraser

COPPER MOUNTAIN TUBING AREA

509 Copper Road • Copper Mountain

CRESTED BUTTE ADVENTURE PARK

5200 N. Garfield Avenue • Loveland

CRESTED BUTTE NORDIC CENTER

620 Second Street • Crested Butte

DUTCH HENRY SLEDDING HILL

Just south of downtown on US-24  •  Leadville

FRISCO ADVENTURE PARK

621 Recreation Way • Frisco

GRAND LAKE NORDIC CENTER

1415 Co Rd 48 • Grand Lake

HAYMAKER TUBING HILL

Beaver Creek Resort

HIDDEN VALLEY

Rocky Mountain National Park • Fort Collins

HIGH COUNTRY TUBING PARK

3821 US-160 • Pagosa Springs

HISTORIC FRASER TUBING HILL

455 County Road 72 • Fraser

KENDALL MOUNTAIN

14th & Greene Street • Silverton

KROH PARK

5200 N. Garfield Avenue • Loveland

POWDERHORN TUBING HILL

48338 Powderhorn Road • Mesa

RUBY HILL PARK

1200 West Florida Avenue • Denver

SCOTT CARPENTER PARK

30th Street & Arapahoe Road  •  Boulder

SLEDDING HILL PARK

S. Kipling Pkwy & W. Ken Caryl Ave •  Littleton

THE MEADOWS AT ELK CAMP

Vista Trail • Aspen

VAIL ADVENTURE RIDGE

600 West Lionshead Circle • Vail

WALLACE PARK

8501 East Belleview Avenue • Denver

WOAH NELLY HILL

861 Maroon Creek Road • Aspen

YEE-HAW HILL

37350 Co Rd 179 • Steamboat

YMCA OF THE ROCKIES SNOW MOUNTAIN RANCH

1101 Co Rd 53 • Granby

The benefits of having LED lighting in your home

For those of you who haven’t changed to LED lights quite yet, this blog is for you. There are so many great benefits to switching over to LED lights including extended lifespans of the lights, lower maintenance requirements and reduced energy consumption. According to the DOE, it is estimated that LED lights can save 190 terawatt house of electricity per year which equals almost $15 billion dollars saved. These lights last longer and will cut your electricity bill, why wouldn’t you trade in your regular light bulbs for LED light bubs?

If those reasons aren’t enough, here are a few more to get you on the path to changing over to LED lights:

·      Energy efficiency – LED lights use about 50% less electricity then traditional fluorescent, incandescent and halogen options. This results in lower energy cost savings where lights might be on for longer periods of time. Because LED lights are mounted on a flat surface, they emit light hemispherically rather then spherically which reduces wasted energy and light.

·      Extended life – Unlike typical light bulbs, LED lights never actually burn out they merely dim over time. LED lights have a lifespan of 30,000-50,000 hours or even longer while a comparable fluorescent lasts 8,000-10,000 hours.

·      Durable – LED lights do not have any filaments or glass enclosures making them more resistant to breaking.

·      Cold temperature operation – LED lights function well in the cold unlike fluorescent lamps. LED performance increases as operating temperatures drop which means they work well in refrigerated display cases, freezers and outdoor applications.

·      Rapid cycle – LED lights are unaffected by turning them on and off in a rapid cycle unlike traditional lights that have a shorter lifespan the more they are switched on and off.

·      Instant on – Unlike traditional lights that do not provide full brightness from the moment they are switched on, LED lights come on at 100% brightness almost instantly.

·      No UV emissions

These are just some of the many positive reasons to switch over to LED lights in your home. I am seeing many new build homes that only use LED lighting and it saves my developers and buyers a great deal of money at the end of the day. Take a minute to go around your house and see what lights can be changed and do that for the environment and to save some money!