Quick Tip Tuesday: Neighborhood Newsletter

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Want to get the latest real estate news going on in your neighborhood? Go to 8zNewsletter.com to sign up for your monthly community newsletter. From there you can pick your neighborhood to get tailored monthly market status and the inside scoop on your community!

 

 

 

 

 

April 2014 Market Update for Willow Park

As your local 8z REALTOR and market expert, it is my pleasure to recap data and provide this market update for Fort Collin’s Willow Park neighborhood. Stay tuned each month as I post updated information on our market’s activity, and follow Troutman Park Pulse on Facebook.

 

At the moment all 3 homes for sale in Willow Park are under contract and priced between $255,000-$259,000.

 

Sold in March

 

4212 Goldenridge Way, Listed at $225,000, Sold for $231,900, 3 beds, 2 baths, 1,288 sq. ft., sold after 38 days on the market, under contract in 3 days, $180.05/sq. ft.

 

4248 Goldenridge Way, Listed at $249,900, Sold for $255,000, 4 beds, 3.5 baths, 1,822 sq. ft., sold after 29 days on the market, under contract in 12 days, $139.96/sq. ft.

 

While the volume of sales was comparable from 1st quarter 2013 to 2014, the price per square foot increased significantly.

While the volume of sales was comparable from 1st quarter 2013 to 2014, the price per square foot increased significantly.

 

The 1st quarter of this year was fairly comparable to last year’s in Willow Park. Both saw just 2 home sales with the total volume of $471,000 in 2013 and $486,900 in 2014. What did change is the average cost per square foot in your neighborhood. That went from $117.84/sq. ft. in the 1st quarter of 2013 to $156.56 so far this year.

 

With the pent up demand for affordable housing in Fort Collins and lack of current supply, neighborhoods like Willow Park are noticing significant appreciation.

 

I would expect that all 3 houses currently under contract in Willow Park sell for more than their list price and home values in your neighborhood will continue to escalate at around 10% or better over the next year.

 

At 8z Real Estate we understand the value of property in the neighborhoods surrounding Troutman Park. Our systems have helped some of your neighbors realize all time highs in sales prices. It is easy to sell in today’s market, but far from everyone is doing what it takes to maximize their home’s value. If you’re interested in the sales process and marketing techniques that 8z Real Estate used to sell your neighbors’ homes at 4336 Hummingbird Dr. (highest priced home ever sold in Larkborough) and 4419 Hollyhock St. (highest sales price in the Woodlands since 2005) give me a call or send an e-mail and I’ll be happy to share.

 

Please call me if you need any assistance in the Willow Park neighborhood or any other Fort Collins area. I’d be more than happy to discuss the current market’s activity, show homes from the current inventory and help you with your real estate needs. You can always reach me at 970.215.1573 or bidwell@8z.com

April 2014 Market Update for Larkborough

As your local 8z REALTOR and market expert, it is my pleasure to recap data and provide this market update for Fort Collin’s Larkborough neighborhood. Stay tuned each month as I post updated information on our market’s activity. Follow Troutman Park Pulse on Facebook!

 

Right now the 3 homes for sale in Larkborough are all under contract at listing prices of $210,000-$235,000.

 

There was only one property that sold in Larkborough through the first 3 months of 2014. The house at 4407 Goshawk Dr. was purchased on February 28th for $213,000.

 

Compare this to the 5 sales during the 1st quarter of 2013 from $175,000-$190,000 and it’s easy to see what’s happening.

 

While the 1st quarter of 2014 only saw one sale, it was almost $30k higher than the average of the 5 during the 1st quarter of 2013.

While the 1st quarter of 2014 only saw one sale, it was almost $30k higher than the average of the 5 during the 1st quarter of 2013.

 

With the diminishing supply of inventory in neighborhoods like Larkborough and the increase in demand for affordable housing in Fort Collins, values have appreciated significantly. The rate of appreciation for your neighborhood over the last year was 15.5%.

 

Even less desirable layouts that back to the railroad tracks or Harmony are selling at a premium. For a good example of this, take a quick look at the reviews of 407 Towhee St. and 4318 Hummingbird Dr.

 

With some strategic remodeling, homeowners are really able to maximize their return on investment right now. It may be easy to sell in today’s market, but far from everyone is doing what it takes to get the most out of their home’s value. If you’re interested in the sales process and marketing techniques that 8z Real Estate used to sell your neighbors’ homes at 4336 Hummingbird Dr. (highest priced home ever sold in Larkborough) and 4419 Hollyhock St. (highest sales price in the Woodlands since 2005) give me a call or send an e-mail and I’ll be happy to share.

 

Please call me if you need any assistance in the Larkborough area or any other Fort Collins neighborhoods. I’d be more than happy to discuss the current market’s activity, show homes from the current inventory and help you with your real estate needs. You can always reach me at 970.215.1573 or bidwell@8z.com

4419 Hollyhock Street: A Done Deal in Troutman Park

Sold REview

4419 Hollyhock Street was just evaluated in the Troutman Park neighborhood in Fort Collins. Was this a good deal? Our 8z Neighborhood Expert knows and dishes the scoop on this recently sold home. Follow Troutman Park Pulse on Facebook!

 

Listed at: $260,000

Sold for: $265,000

 

After putting this home through 8z Real Estate’s preview marketing program and full sales process there were multiple offers competing with one another. This property ultimately sold to some neighbors who lived right around the corner on Bitterbrush. They’re upgrading in size and love the Troutman Park neighborhood so this ended up being a great option for them.

 

This home had been recently remodeled and sits on a nice cul-de-sac lot. It was pretty much move in ready and other than the original windows there was not much in the way of objections that buyers had. With that being the case the new owners were comfortable offering $5,000 over list price to make sure they were able to secure this property for themselves. At $265,000, 4419 Hollyhock St. is the highest priced home to sell in the Woodlands since 2005! If you would like to know more about the sales process and marketing techniques we used to make that happen just give me a call or send me an e-mail and I’ll be happy to share.

 

The listing agent for this property is Brandon Bidwell with 8z Real Estate. For a list of inclusions and the details on the home’s design features, click here to visit the property’s profile: 4419 Hollyhock Street, Fort Collins, CO 80526

 

Need a market expert’s assistance? To see homes in the area contact 8z REALTOR Brandon Bidwell at brandon.bidwell@8z.com.

 

Have you viewed the home above? Do you agree with Brandon? Let us know! Please feel free to submit your comments below.

1036 Butte Pass Dr, Fort Collins: A Willow Park Review

1036 Butte Pass Dr was reviewed over the past few days in the Willow Park neighborhood in Fort Collins. Read below to find out more about 8z Real Estate’s take on the listing!

 

 

The Specs:Butte Pass

Address: 1036 Butte Pass Dr, Fort Collins, CO 80526

Price: $255,000

Original List Date: 4/04/2014
Style:
2-Story

Bedrooms: 3

Bathrooms: 3

Total Square Feet: 2,151

Approximate Lot Size Square Feet: 6,098

Year Built: 1986

Location: Willow Park

 

The Scoop:

There had been at least 15 showings by the time I previewed this home  it’s 2nd day on the market. It went under contract a couple of days later on April 8th.

 

This may not be the most desirable location in Willow Park, backing up to the church parking lot and just a couple doors from Shields St. It did have a pretty cool 4 level floorplan that has a master bedroom with a half level step up (4 stairs) to the master bathroom. Unfortunately the interior does still need some love. The commercial grade carpets are pretty well worn out and the interior trim and some window sills are noticeably scratched up by dogs. The exterior paint is fading and will probably need to be taken care of before too long. This place does have some potential but needs quite a bit of help to get there.

 

The Score:

Below are our overall ratings for 1036 Butt Pass Dr, Fort Collins, CO 80526:

Layout/Floor Plan: 4

Finishes: 2

Condition: 2

Curb Appeal/Landscaping: 3

Neighborhood/Outdoor Amenities: 2

Overall Value: 3

 

The listing agent for this property is Christopher Guillan with RE/MAX Eagle Rock. For additional photos, a list of inclusions and the details on the home’s design features, click here to visit the property’s profile: 1036 Butte Pass Dr, Fort Collins, CO 80526

 

Need a market expert’s assistance? To set up a showing to see this home contact 8z Broker Brandon Bidwell at 970-215-1573 or bidwell@8z.com.

 

Have you viewed the home above? Do you agree with our listing review? Let us know your comments below!

A Neighbor’s Review: 4500 Seneca Street #9, Fort Collins, CO 80526

4500 Seneca Street #9, Fort Collins, CO

4500 Seneca Street #9, Fort Collins, CO

Clean and cozy – those words describe this condo perfectly. The open stairwell provides light and openness. Both bedrooms upstairs are of a generous size and the basement with its own bedroom and bathroom would be great for a teen or a home office. This is a good find for an entry level home in this neighborhood.

 

Other important details to know include:  3 bedrooms, 3 bathrooms, 3 levels, 2 car garage, 1,889 square feet and convenient location to shopping, FRCC, Harmony Library and Horsetooth Reservoir.

 

This home is listed at $219,000 and is listed by David Fredlake of ReMax Alliance South. Please feel free to call your 8z Realtor, Brandon Bidwell to view this property and it would be our pleasure to assist you with this or any property that interests you.

 

Have you viewed the home above? Do you agree with our listing review? Let us know your comments below!

 

 

4500 Seneca Street #9, Fort Collins, CO 80526
MLS # 728618

 

 

 

My ratings (from 1 to 5 stars):

I would hang out in the yard/patio/deck/balcony ****
I won’t have to change a thing after we close ****
My score on family friendliness ***
My score on pet friendliness ** (great walking neighborhood and close to Cathy Fromme Natural Area)

 

A Neighbor’s Review: 4500 Seneca Street #34, Fort Collins, CO 80526

4500 Seneca Street #34, Fort Collins, CO

4500 Seneca Street #34, Fort Collins, CO

This condo/townhome is bright and cute and in a great location tucked off the main road of Seneca. The front patio is perfect for southern exposure. (Actually when I arrived, the realtor was enjoying the spring sun on the patio). There is also a pantry right when you enter from the garage – perfect for grocery days. There are two bedrooms upstairs that share a bathroom, the main level has the kitchen, dining area, powder room and living room. The basement has another bedroom and bathroom. This is a great starter home for a couple or a young family.

 

Other important details to know include:  3 bedrooms, 3 bathrooms, 3 levels, 2 car garage, 1,889 square feet and the HOA covers many amenitites.

 

This home is listed at $209,900 and is listed by Tim Anderson of Realty Executives. Please feel free to call your 8z Realtor, Brandon Bidwell to view this property and it would be our pleasure to assist you with this or any property that interests you.

 

Have you viewed the home above? Do you agree with our listing review? Let us know your comments below!

 

 

4500 Seneca Street, Fort Collins, CO 80526
MLS # 728458

 

 

My ratings (from 1 to 5 stars):

I would hang out in the yard/patio/deck/balcony ****
I won’t have to change a thing after we close ****
My score on family friendliness ***
My score on pet friendliness *** (fenced patio and great walking neighborhood)

 

Quick Tip Tuesday: Who Wants What You Got?

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It’s Tuesday, and that means it’s time for another Quick Tip Tuesday. This week 8z Real Estate is introducing a feature on COhomefinder.com called “Who Wants What You Got,” where you can find out how many people are searching for a home just like yours. You can find it at ShouldISell.8z.com

 

With this tool, you can find out if people are interested in houses like yours and whether that means it’s a good time to sell your house or not. COhomefinder has over 200,000 registered users who are doing searches everyday for homes. If you fill out the Who Wants What You Got form, we’ll tell you how many people are doing just that!

 

We are currently in a low inventory market. Buyers are in excess. More people are searching now for homes than ever before. Use this tool to help decide if you should start thinking about selling!