Quick Tip Tuesday: Adding A Bath

renovation - planning

 

In 2011 bathrooms became more important to home buyers than kitchens. When people are narrowing down houses to look at, one of the first considerations is number of beds and baths. If there aren’t enough of either, it doesn’t even make the list.

 

Once you’re included in “the list” because you meet the basic requirements, you’re still going to get the financial benefit of adding a bathroom. A half bath can add up to 10.5% to a home’s value. And a full bath can add an additional 20%. These numbers will vary based on your specific market, but they will give you a general idea of what you can expect.

 

 

 

 

4300 Table Mesa Place, Fort Collins: A Willow Park Review

4300 Table Mesa Place 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:IMG_20140718_101631_587

Address: 4300 Table Mesa Place, Fort Collins, CO 80526

Price: $249,000

Style: Tri-Level

Bedrooms: 4

Bathrooms: 2

Total Square Feet: 2,097

Approximate Lot Size Square Feet: 6,245

Year Built: 1989

Original List Date: 07/16/2014

Location: Willow Park

 

The Scoop:

The home at 4300 Table Mountain Pl is one of the best deals I’ve seen in Willow Park as of late. There is so much going for this updated Tri-Level with the lot alone. It’s situated just a block away from Troutman Park at the end of the street and is adjacent to the open space that separates Table Mountain Pl. from Blue Mountain Dr. The curb appeal was fantastic and the huge deck out back will surely appeal to those who enjoy spending time outdoors.

 

The only complaints I would imagine buyers may have had about this house were some of the interior paint colors (Plum, Mustard, Aqua Teal & Canary Yellow) and more importantly the lack of a true master bathroom.

 

4300 Table Mountain Pl. went under contract after just 3 days exposure to the market. I wasn’t surprised to hear that several parties expressed interest in this home. After looking at this place for myself I thought that the owners could have been asking $10,000-$15,000 more than they were at $249,000. The reason I say that is because I’m comparing this property to the less desirable, older houses currently under contract at 4313 Hummingbird Dr at $269,900 & 4324 Hummingbird Dr. at $275,000. Table Mountain is 150 square feet smaller than the houses on Hummingbird but has both of them beat hands down in every other respect!

 

The Score:

Below are our overall ratings for 4300 Table Mesa Place, Fort Collins, CO 80526:

Layout/Floor Plan: 3

Finishes: 4

Condition: 4

Curb Appeal/Landscaping: 5

Neighborhood/Outdoor Amenities: 5

Overall Value: 5

 

The listing agent for this property is Amy Black with Elevations Real Estate, Llc. For additional photos, a list of inclusions and the details on the home’s design features, click here to visit the property’s profile: 4300 Table Mesa Place, 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!

3818 Granite Ct, Fort Collins: A Four Seasons Review

3818 Granite Court was reviewed over the past few days in the Four Seasons neighborhood in Fort Collins. Read below to find out more about 8z Real Estate’s take on the listing!

 

 

The Specs:

3818 Granite Ct, Fort Collins

3818 Granite Ct, Fort Collins

 

Address: 3818 Granite Ct. Fort Collins, CO 80526

Price: $287,000

Original List Date: 07/05/2014

Style: Two Story

Year Built: 1986

Total Square Feet: 2,124

Approximate Lot Size Square Feet: 10,890

Bedrooms: 4

Bathrooms: 4

Location: Four Seasons

 

 

The Scoop:

 

**Under Contract** I was impressed with my preview of 3818 Granite Ct. The home had some original finishes and a little updating but was very clean and obviously well cared for. My favorite feature here is the deep, private, nicely landscaped back yard. The Master Bedroom showcases vaulted ceilings and 2 closets! The only real complaint that some will have with this house is that one of the garage bays is extremely short and may only fit a small compact car.
This home has a lot going for it and will appeal to many buyers.
At $287,000 I felt that 3818 Granite Ct. was a pretty good deal. I certainly thought the owners could have been asking a little more and I’ll be surprised if this property doesn’t end up selling for more than the list price.

 

 

The Score:

 

Below are our overall ratings for 3818 Granite Ct. Fort Collins, CO 80526

Layout/Floor Plan: 4

Finishes: 3

Condition: 4

Curb Appeal/Landscaping: 5

Neighborhood/Outdoor Amenities: 5

Overall Value: 4

 

The listing agent for this property is Jerry Tomberlin with Resident Realty. For additional photos, a list of inclusions and the details on the home’s design features, click here to visit the property’s profile at 8z.com: 3818 Granite Ct. 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!

1042 Butte Pass Drive, Fort Collins: A Willow Park Review

1042 Butte Pass Drive 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:IMG_20140714_112732_251

Address: 1042 Butte Pass Drive, Fort Collins, CO 80526

Price: $269,900

Style: Tri-Level

Bedrooms: 3

Bathrooms: 3

Total Square Feet: 2,097

Approximate Lot Size Square Feet: 6,245

Year Built: 1987

Original List Date: 07/10/2014

Location: Willow Park

 

The Scoop:

There is a lot left to be desired at 1042 Butte Pass Dr. The exterior paint and deck need a noticeable amount of help with painting and the yard is far from being on par with the rest of Willow Park. The first thing you notice after opening the front door is the huge black stain in the carpet of the entrance stairway. That kind of sets the tone for the rest of the viewing of this property. At that point I couldn’t help but notice all the other issues this home has which is too bad because it’s actually a pretty cool floorplan for a Tri-Level.

 

This owner is certainly asking a lot at $269,900 for a house in this bad of condition on one of the least desirable lots in Willow Park (adjacent to Shields & backing up to the church). I would bet that they will need to re-evaluate their pricing strategy and improve the showing condition before they’re able to attract any interest.

 

The Score:

Below are our overall ratings for 1042 Butte Pass Drive, Fort Collins, CO 80526:

Layout/Floor Plan: 3

Finishes: 2

Condition: 1

Curb Appeal/Landscaping: 2

Neighborhood/Outdoor Amenities: 1

Overall Value: 1

 

The listing agent for this property is Jennifer Grindel with Re/max Alliance. For additional photos, a list of inclusions and the details on the home’s design features, click here to visit the property’s profile: 1042 Butte Pass Drive, 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!

3906 Benthaven Street, Fort Collins: A Four Seasons Review

3906 Benthaven Street was reviewed over the past few days in the Four Seasons neighborhood in Fort Collins. Read below to find out more about 8z Real Estate’s take on the listing!

 

 

The Specs:

3906 Benthaven Street

3906 Benthaven Street

 

Address: 3906 Benthaven St. Fort Collins, CO 80526

Price: $240,000

Original List Date: 07/07/2014

Style: Tri-level

Year Built: 1986

Total Square Feet: 1,707

Approximate Lot Size Square Feet: 6,641

Bedrooms: 3

Bathrooms: 2

Location: Four Seasons

 

 

The Scoop:

 

This in a unique layout for a Tri-Level home. There are 2 bedrooms on the main level and the master is upstairs. The house itself is very original in terms of finishes but appears to be well taken care of. The best features it has going for it is the privacy of the back yard which is adjacent to the open space behind the home. That and the fact that it’s right around the corner from Lopez Elementary and Troutman Park give this property some great potential.

 

This is a nice opportunity for buyers who are interested in putting a little sweat equity into their home and pick their own remodeling updates.

 

When I previewed 3906 Benthaven St there had been at least 6 other realtors who had showed the home. It quickly went under contract a few days later on July 14th. I would expect that this house sells for very close to $240,000 if not a little more.

 

 

The Score:

 

Below are our overall ratings for 3906 Benthaven St. Fort Collins, CO 80526:

Layout/Floor Plan: 3

Finishes: 2

Condition: 3

Curb Appeal/Landscaping: 2

Neighborhood/Outdoor Amenities: 4

Overall Value: 4

 

The listing agent for this property is Beth Phillips with Group Harmony. For additional photos, a list of inclusions and the details on the home’s design features, click here to visit the property’s profile at 8z.com: 3906 Benthaven St. 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!

4401 Hummingbird Drive, Fort Collins: A Larkborough Review

4401 Hummingbird Dr was reviewed over the past few days in the Larkborough neighborhood in Fort Collins. Read below to find out more about 8z Real Estate’s take on the listing!

 

 

The Specs:

4401 Hummingbird Drive

4401 Hummingbird Drive

Address: 4401 Hummingbird Dr, Fort Collins, CO 80526

Price: $250,000

Style: 1 Story/Ranch

Bedrooms: 3

Bathrooms: 2

Total Square Feet: 1,223

Approximate Lot Size Square Feet: 6,795

Year Built: 1980

Original List Date: 07/03/2014

Location: Larkborough

 

 

The Scoop:

 

This is a pretty nicely remodeled little home. I’m told the owners were planning on living here for a while when an opportunity with a job relocation came up.

 
When I previewed the place for myself I noticed that the curb appeal could use a little help with exterior trim that needed fresh paint. On the inside it looks as if the owners paid quite a bit of attention to details with all the updating. For a home this small the kitchen is huge! The soft close drawers and all the counter top space will please most chefs. There is also ample storage with all the closet space for a house this size. If the owners take care of the pet smell (which was pretty strong) I would imagine they will have some interest. As of right now (July 21st) this home has been available for 18 days.

 

This house will make a nice little place for a young couple, single individual or first time buyers with a small family.

 

 

The Score:

Below are our overall ratings for 4401 Hummingbird Dr, Fort Collins, CO 80526

Layout/Floor Plan: 2

Finishes: 5

Condition: 4

Curb Appeal/Landscaping: 3

Neighborhood/Outdoor Amenities: 4

Overall Value: 2

 

The listing agent for this property is Andrea Woodhams. For additional photos, a list of inclusions and the details on the home’s design features, click here to visit the property’s profile: 4401 Hummingbird 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!

3807 Granite Court: A Done Deal in Four Seasons

 

3807 Granite Ct, Fort Collins

3807 Granite Ct, Fort Collins

3807 Granite Court was just evaluated in the Four Seasons 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: $295,000

Sold for: $296,000 with $2,608 in seller concessions towards the buyers closing costs and pre-paid expenses. 

 

This is an interesting example of the appreciation that Four Seasons has noticed over the last two years. 3807 Granite Ct. sold in June of 2012 for $253,900 with $650 in seller paid concessions towards the buyers closing costs. If we take the net (sales price minus seller concessions) sale of $293,392 this July and compare it to the net of $253,250 from the sale in 2012 there is a $40,142 difference. That is an increase of 15.85% in 25 months.

 

The home on Granite has a lot going for it. It was clean, well cared for and situated at the end of the cul-de-sac. With that and it’s proximity to Troutman Park & Lopez Elementary it’s easy to see why buyers have been willing to pay a premium for this property over the past couple years. With some modest updating I could certainly see this home being worth something in the mid $300′s in the very near future.

 

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.

Quick Tip Tuesday: Automated Home Alerts

real estate - easy button

Quick Tip Tuesday time! This week you can learn how to get Automated Home Alerts sent right to your email when new homes go on the market that match your criteria.

 

With COHomefinder.com, after you search for homes with specific criteria, there is a button at the top of the search that says “Save Search.” When you click this button, you can sign up to receive a summary email daily, weekly or monthly. This email will include all of the new and modified listings in the search that you set up. They look like this.

 

Screen shot 2014-07-15 at 10.35.21 AM

 

 

The best part about getting these home alerts is that you aren’t committing to anything. You are just keeping yourself up-to-date on inventory. Some people set up a search years in advance looking for their dream home to come onto the market.

 

Click below for an example!

 

Screen shot 2014-07-15 at 10.07.09 AM

 

 

 

July 2014 Market Update for Four Seasons

As your local 8z REALTOR and market expert, it is my pleasure to bring you this monthly update for Fort Collin’s Four Seasons neighborhood. Tune in each month for updated information about one of life’s biggest investments: your home. Or, even better, have it delivered right to your Inbox: 

 

Join Troutman Park Pulse

 

 

There have been some nice properties hitting the market in Four Seasons recently with 3 current listings.

 

The newest neighborhood listing is 807 Marble Dr., $329,000, 4 beds, 2.5 baths, $110.07/sq. ft. This home was last sold in August of 2001 for $239,900.

 

Sold in June

 

900 Arbor Ave. #28, Listed for $225,000, Sold for $225,000 Cash, 2 beds, 2 baths, 1304 sq. ft. 30 days on the market, 1 day until under contract, $172.55/sq. ft.

900 Arbor Ave. #20, Listed for $225,000, Sold for $228,000, 2 beds, 2 baths, 1346 sq. ft. 34 days on the market, 3 days until under contract, $169.39/sq. ft.

913 Burgundy Ct., 7 Listed for $265,000, Sold for $265,000 with $3,618 in seller paid concessions, 4 beds, 2 baths, 1628 sq. ft. 62 days on the market, 31 days until under contract, $162.78/sq. ft.

819 Coronado Ave., Listed at $270,000, Sold for $270,000 with $3,000 in seller paid concessions, 5 beds, 3 baths, 2824 sq. ft. 36 days on the market, 3 days until under contract, $95.61/sq. ft.

 

Increase in sales and decrease in days on market  in 1st 1/2 2014

Increase in sales and decrease in days on market in 1st 1/2 2014

There were 12 homes sold in Four Seasons through the 1st half of 2014. They ranged in price from $218,000-$312,000 at an average of $256,791 and in an average of 46 days on the market.
There were 9 sales during the same time frame last year that ranged from $202,800-$275,000. The average price was $232,866 and they sold after 78 days on the market.

 

Homes in Four Seasons have appreciated 10% over the last year and are selling in almost half the time it took in 2013.

 

There have been quite a few people taking advantage of the new MAX system this summer. With the popularity of that I would expect the demand for housing in close proximity the MAX stations to increase. Homes in your neighborhood will continue to draw a lot of attention.

 

Right now it’s amazing what buyers are willing to pay for “Move-in Ready” condition. If you’re considering selling a house in Four Seasons it will be well worth your time to merchandise it properly.

 

Get more specifics on merchandising here or feel free to give me a call with any questions.

 

Please call me if you need any assistance in the Four Seasons 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.

July 2014 Market Update for Willow Park

As your local 8z REALTOR and market expert, it is my pleasure to bring you this monthly update for Fort Collin’s Willow Park neighborhood. Tune in each month for updated information about one of life’s biggest investments: your home. Or, even better, have it delivered right to your Inbox: 

 

 

Join Troutman Park Pulse

 

 

It’s good to see a couple reasonably priced homes in cul-de-sac’s become available in Willow Park.

 

You’ll find three total listings with 2 new on the market this month:

 

713 Great Plains Ct. Listed for $235,000, 3 beds, 1.5 baths, $165.26/sq. ft. (under contract)

 

4124 Granby Ct. Listed for $264,500, 4 bed, 2 baths, $117.92/sq. ft. (under contract)

 

Sold in June: 

 

4125 Snow Ridge Cir. Listed at $229,000, Sold for $231,750 (with $1,500 in seller concessions), 3 beds, 2 baths, 2,051 sq. ft. 59 days on the market, 3 days until under contract, $112.99/sq. ft.

4212 Wolf Creek Ct. Listed at $249,000, Sold for $249,000, 4 beds, 2 baths, 2,080 sq. ft. 48 days on the market, 1 day until under contract, $119.71/sq. ft.

906 Deer Creek Ln. Listed at $265,000, Sold for $265,000, 4 beds, 2.5 baths, 1,882 sq. ft. 51 days on the market, 8 days until under contract, $140.81

 

1st 1/2 of 2013 compared to 1st 1/2 of 2014 days on market

1st 1/2 of 2013 compared to 1st 1/2 of 2014 days on market

 

Through the 1st half of 2014 there have been 10 sales in Willow Park. They ranged in price from $215,000 to $275,000 at an average of $250,315 and 40 days on the market.
Compare that to the same time frame last year when there was 8 sales. The price range was $220,026 to $275,000 with an average of $250,078 and 61 days on the market.

 

Most will look at these number and scratch their head to make sense of them. Why in an escalating market would a neighborhood as desirable as Willow Park not be noticing the same appreciation as neighboring communities? Larkborough right next door has seen a 7.8% appreciation in average price over the same time period. The only significant difference in Willow Park over last year at this time is the speed at which homes are selling. They’re moving in 2/3 of the time it was taking last year so it’s apparent that the demand is still strong for Willow Park. From what I’ve seen the plateau is due to the condition of Willow Parks sales this year. It’s not that these homes were in bad shape (although some of them were). It’s that very few owners are putting freshly remodeled homes up for sale in your neighborhood. That is exactly what’s happening in Larkborough and what buyers are willing to pay absolute top dollar for right now.

 

A lot of people have been taking advantage of the new MAX system this summer. With the popularity of that I would expect the demand for housing in close proximity the MAX stations to increase. Willow Park is one of the more affordable neighborhoods along that corridor and homes in your neighborhood will draw a lot of attention. Especially if they’re recently remodeled!

 

If you’re considering selling a house in Willow Park right now it will be well worth your time to merchandise it properly.

 

For more information on merchandising refer to: Merchandising Matters or feel free to give me a call with any questions.

 

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