Weekly Snapshot: Highlands Sept. 11 – 16

DenverSnapshot

 

For information on what’s newly listed or just sold in your neighborhood, click on the link below.

 

Lower Highlands

New Listings – 3

Sold – 7

 

West Highland

New Listings – 7

Sold – 1

 

Sloan’s Lake

New Listings – 6

Sold – 0

 

Sunnyside

New Listings – 3

Sold – 5

 

Berkeley

New Listings – 6

Sold – 4

 

Have any questions? You can reach us at 303-543-3083 or clientcare@8z.com.

 

Quick Tip Tuesday: Top 5 Fall Home Projects

#5. Organize the garage

When the cold temperatures roll in, you want to make sure you have room for your car in your garage and the appropriate tools on hand (snow shovels, leaf rakes, ect). These go hand in hand. If your garage is organized, then accessing everything in it should be easier as well as making space for your car.

 

Neat garage tool hanging storage

 

 

 

#4. Plant a tree

It is least stressful for a tree to be planted when it’s dormant, which means planting in the spring or fall, so give it a go and plant a tree this fall!

 

planting trees

 

 

 

#3. Clean the gutters

When all that melted snow/rain comes pouring down your roof in the spring, you want to be sure that your gutters are clear. That means this is a job for fall!

 

Fall Cleanup - Leaves in Gutter

 

 

#2. Become energy efficient

Winter is coming… that means you should try to keep that cold air out. Caulk around windows and doors to make sure that expensive energy stays inside.

 

 

 

 

#1. Insulate the attic

One of the best fall projects is to improve your insulation in the attic. It’s blistering hot up there in the winter, so why not take advantage of the cool temperatures and save yourself on energy costs at the same time?

 

Mineralwolle - mineral rock wool 02

 

 

 

Brought to you by HouseLogic

Weekly Snapshot: Highlands Sept. 4 – 10

DenverSnapshot

 

For information on what’s newly listed or just sold in your neighborhood, click on the link below.

 

Lower Highlands

New Listings – 5

Sold – 2

 

West Highland

New Listings – 6

Sold – 0

 

Sloan’s Lake

New Listings – 11

Sold – 3

 

Sunnyside

New Listings – 7

Sold – 1

 

Berkeley

New Listings – 6

Sold – 3

 

Have any questions? You can reach us at 303-543-3083 or clientcare@8z.com.

 

Ryan Carter Named 5280 Five Star Agent

5280_logo

8z Real Estate is proud to announce that Ryan Carter has been awarded the 2014 Five Star Real Estate Agent designation by Five Star Professional! The list of Five Star agents appears annually in Denver’s 5280 Magazine. The full list is currently available in the September issue.

 

Five Star Professional is an independent research firm that contacted thousand of recent homebuyers, as well as other consumers. Real estate agents were rated on criteria such as overall satisfaction and whether the client would recommend them to a friend. Realtors did not pay a fee to be included in Five Start Professional’s research or the final list.

 

No more than 7 percent of professionals within the industry are given the award.

 

Congratulations, Ryan!

 

Stwart Cherry Creek

 

 

 

 

 

 

 

Quick Tip Tuesday: 5 Problems With Older Homes

5. Pre-1978: Lead Paint

Lead paint has been linked to many health issues. If you’re house was last painted before 1978, your walls most likely have lead paint on them. But the most likely scenario is that it has been painted over. In this case, just be weary of paint chips coming off the wall.

 

Lead Paint

 

 

4. Pre-1970s: Fuse Boxes Instead of Circuit Breakers

Some older homes have a fuse box (or more than one) instead of a breaker. You have two choices here. Go out and buy a bunch of inexpensive fuses in case the power goes out, or replace the box with a circuit breaker.

Fuse Box

 

 

3. Pre-1960: Drafty Windows

Drafty Windows

 

These windows made of wood are certainly not air tight, meaning you could be losing a lot of money to your energy bill. Inspect and possibly replace these to save money in the long haul.

 

2. Pre-1940s: Steel Pipes

Steel water pipes have all sorts of issues associated with them including rust and even bursting. You’ll be better off replacing them than waiting for an issue if there isn’t already one.

 

Burst Pipe

 

1. Pre-1940s: Grade Issues and Moisture Problems

 

With homes this old, builders typically built a house above wet soil, but over time, the moist ground can change and may be touching the house, which can cause moisture issues.

Moisture Damage

 

 

 

List courtesy of BrightNest

 

 

 

Denver Streamlines Permitting

 

If you’ve ever tried to get a permit in Denver, you know that it takes a LONG time! Good news is Denver has decided to streamline the process. They have launched a new, dedicated customer service center to improve the customer experience and expedite interaction with the Development Services permit counter.

 

This is good news for everyone trying to get a permit, and good news for Denver since more permits equals more revenue. If you’d like to learn more, check out the full article over at Inside Real Estate News.

 

 

 

Weekly Snapshot: Highlands Aug. 27 – Sept. 2

DenverSnapshot

 

For information on what’s newly listed or just sold in your neighborhood, click on the link below.

 

Lower Highlands

New Listings – 1

Sold – 2

 

West Highland

New Listings – 4

Sold – 4

 

Sloan’s Lake

New Listings – 3

Sold – 3

 

Sunnyside

New Listings – 3

Sold – 5

 

Berkeley

New Listings – 6

Sold – 0

 

Have any questions? You can reach us at 303-543-3083 or clientcare@8z.com.

 

Quick Tip Tuesday: 5 Home Upgrades Under $500

If you want a quick home upgrade for under $500, here’s a list of 5 of them to get you started!

 

#1: Paint – Paint is an easy way to change the whole feel of a room. Use this paint calculator to see how much paint you need! A gallon of paint will cost about $30-$40 and covers about 350 square feet (Paint: 350 sq. ft. per gallon, Primer: 200 sq. ft. per gallon).

painting

 

 

#2: Backsplash – A backsplash is a fun and easy way to transform the look of your old kitchen. The pricing can vary depending on the material that you want to use and the size of your kitchen, but can definitely be done for under $500 if you install it yourself!

backsplash

 

#3: Carpet Cleaning – Sometimes you just need to hire a cleaning service to clean your carpets. They have special tools and cleaners that you don’t have access too. Rented carpet cleaning machines just don’t have the high-pressure steam needed to do this job right. These services can cost around $200-$250.

Carpet_Cleaning_Machine_Rug_Doctor

 

#4: Install A Programmable Thermostat - For every degree you lower your thermostat for an 8-hour period, you cut energy use by about 1 percent. Set it back 10 degrees overnight, and that’s a 10 percent savings right there!

Not This!

Not This!

#5: Area Rugs – New rugs can give a room a quick update. Think of it like paint for your floor. It’s easy to change a rug but it’s difficult to change the actual floor.

Sophisticated-Rectangular-Area-Rug

September Market Update for Lower Highlands

As your local 8z REALTOR and market expert, it is my pleasure to offer you this current market update in Denver’s Lower Highlands. Stay tuned each month as I present updated information for this market.

 

Lower Highlands continues to be a hot Denver neighborhood. The number of homes for sale and the demand for these properties has remained steady. This area is no longer considered up and coming, and, like many established neighborhoods in the Denver area, the appreciation in value has slowed from the steep, rapid increases we were seeing last year and two years ago, and now seems to be occurring at a steady, healthy pace.

 

The homes in Lower Highlands are within walking distance to many of Denver’s most popular bars, restaurants and retail sites. Many buyers are willing to pay for the neighborhood amenities here, as well as the proximity to downtown, and highway access.

 

The average days on market (DOM) for the month of August was 50 in August of 2014, which has been fairly consistent in this calendar year. We saw that the market was moving just slightly faster than that in May of this year, at 34 DOM, moving to 50 DOM in June, and slowing to 107 DOM in July. This year is on pace with the DOM from last year.

 

Lower Highlands Sept Update DOM

 

The data shows us that buyer demand is continuing to meet, if not outweigh, demand. The properties that are sitting on the market for longer than a month in this area tend to be above the $500k price point, or overpriced for the value of the home. While buyers are still aggressively seeking this neighborhood, in general, they are still not willing to pay over market value. A home that is priced well in this area will sell very quickly.

 

New Listings

 

Address Price Beds Baths Above Sqft
1539 Boulder Street #Zenith HI $1,281,050 3 3 2,569
1539 Boulder Street #Apex HI $1,110,100 2 3 2,078
1539 Boulder Street #Zenith LO $1,091,825 3 3 2,569
1539 Boulder Street #Apex LO $933,150 2 3 2,078
2538 W 37th Avenue $890,000 3 3 2,493
3705 Mariposa Street $800,000 3 2 1,200
1932 W 35th Avenue $719,000 4 4 2,532
3557 Decatur Street $599,000 4 3 2,240
3717 Inca Street $595,000 3 3 1,883
3607 Mariposa Street $489,950 4 2 1,550
3249 Clay Street $486,000 2 2 1,386
3728 Mariposa Street $445,000 3 2 1,206
2640 Central Court #102 $319,000 1 1 770
1521 Central Street #1D $309,000 1 1 832

 

Due to the increasing population in Denver, steady demand for housing, and the continuation of retail establishment in this area, things are looking good for property values in Lower Highlands.

 

August has shown us that it is still a great time to sell in the Lower Highlands neighborhood. If you plan to sell this year, make sure that you are pricing your home appropriately compared to the sold comps nearby. Know that buyers viewing your home are also viewing all of the other homes in the area at similar price points. If you were a buyer, would you choose your home over the others are the same price?

 

Sold in August

 

Address Sold Price Beds Baths Above Sqft
2225 W 34th Avenue $850,000 3 5 2,220
2934 Wyandot Street $752,000 4 3 2,142
2917 Umatilla Street $699,000 3 3 2,070
1842 W 33RD Avenue $659,000 3 4 2,463
3336 Tejon Street #3 $620,000 3 4 1,972
2508 W Caithness Place $592,000 3 3 1,610
1886 W 32nd Avenue $539,000 2 4 1,461
3526 Clay Street $530,000 4 2 1,433
2746 W 37th Avenue $495,000 3 2 1,894
2441 W CAITHNESS Place $465,000 3 2 1,547
3610 Wyandot Street $465,000 3 1 1,300
3349 Navajo Street $430,000 1 1 649
2951 Wyandot Street $415,000 1 2 862
3139 Vallejo Street $412,500 2 2 1,066
2741 W 38th Avenue $392,000 4 4 1,628
3343 Mariposa Street $345,000 2 2 1,185
1735 W 36th Avenue $340,000 2 1 855
3548 Tejon Street $325,000 3 1 1,008
1417 W 34th Avenue $288,000 2 1 782
3327 Eliot Street $198,000 1 1 538

 

Please call me if you need any assistance in Denver’s Lower Highlands area. I’d be more than happy to discuss the current market’s activity, show homes from the current inventory and help you with any of your real estate needs in the neighborhood. You can always reach me at 303.993.9770 or lauren.gates@8z.com.

Weekly Snapshot: Highlands Aug. 20 – 26

DenverSnapshot

 

For information on what’s newly listed or just sold in your neighborhood, click on the link below.

 

Lower Highlands

New Listings – 3

Sold – 5

 

West Highland

New Listings – 5

Sold – 2

 

Sloan’s Lake

New Listings – 3

Sold – 1

 

Sunnyside

New Listings – 4

Sold – 1

 

Berkeley

New Listings – 3

Sold – 6

 

Have any questions? You can reach us at 303-543-3083 or clientcare@8z.com.