Luczak Group - The Blog

Information for happenings in the Real Estate Market in the Pikes Peak Region... and some things we just find interesting!

Tips for Home Buyers

Choosing a Home with Resale Appeal... Part 1

Without doubt, the perfect time to think of promoting Colorado Springs real estate houses is before you get it. The truth is, there’s a saying in skilled real estate circles that, “You make your capital when you obtain.” Unlike prior generations, today’s house owners will ordinarily sell their house inside 5 to seven years. That might seem like a long time within your personal individual life, however it is just minutes inside the globe of Colorado Springs real estate sales.

Wouldn’t it be nice to go into your buy with a strategy in mind? Here are a number of strategies on the best way to pick Colorado Springs houses, while also locating a house which you certainly really like.

Acquire Value. Maybe the largest lesson learned from the housing crisis is usually to not overpay for a property. This might be tough once you completely fall head over heels for a household. But paying a fair cost nowadays signifies you’ll be capable of accept a fair price tag tomorrow. So check your feelings in the door, and proceed along with your head. It is worth taking time to study pricing trends in Colorado Springs real estate location neighborhoods before committing to a buy you may regret when it’s time to sell. We have the resources, years of marketplace insight, community expertise and negotiation skills to ensure all our buyers pay only what they must for Colorado Springs houses for sale.

Place, place, location! Location can either be your most beneficial friend or your worst enemy when acquiring a residence, and in essence, can make or break a home’s resale value. Colorado Springs real estate location communities give the life force for dwelling rates. High ranking school districts, recreation facilities, and shopping are just a few amenities which you can bet will capture the eye of future property buyers. Researching future advancement and zoning regulations will also assist guarantee your new property could be an asset when it comes time to sell.

Noting the particulars of the place is critical too. Does the lot back onto a busy street? How about a shopping center or hospital? Targeted traffic noise, parking lot lighting and trash receptacles bordering your backyard will absolutely have an impact on resale. Noting the problem of neighboring houses will also play a key role in determining resale worth. Most neighborhoods will have similar lot sizes, with smaller and bigger lots to fill in awkward spaces just like cul-de-sacs and road curves. And although larger lots are frequently more desirable, you could wind up paying a premium that you won’t recoup when it’s time to sell your Colorado Springs real estate are residence.

Repairs, Remodeling, and Fixer-uppers. When deciding on Colorado Springs homes for sale, know the distinction among acceptable and unacceptable repairs and upgrades. Cosmetic modifications which include ugly wallpaper, paint, and door hardware are straightforward fixes and worth the time and revenue. Foundation cracks, water damage, and roof harm are not as kind to resale worth. These are repairs that are essential to preserve the current worth of the home and, unless the property is priced below market, won’t add a penny to resale worth when it is time to sell.

And most importantly, you’re not alone in purchasing a home!

Our Buyers have the peace of mind to focus on locating the best Colorado Springs property while we look with a vital eye at each and every home’s prospective resale worth.

If you would like to be sure that you invest in a dwelling with solid resale value, Contact Us and we will make certain that you not merely like Colorado Springs houses today, but also appreciate its resale worth tomorrow!