Mid-Century Modern Ranch in Fort Collins!

Completely remodeled & updated mid-century ranch at 1624 Smith Place! Sellers have added $40K of additional updates since last purchased. Updates include: Solid hickory floors throughout, stainless appliances, large kitchen island, open floor plan, new carpet & tile, upgraded electrical, new water heater, radon mitigation & ring doorbell. Gorgeous custom low maintenance landscaping! Next to Spring Creek Trail, a bike ride to Old Town & the newly updated Midtown shops at Foothills. Location! Location! Location! Call for your private showing at 970-481-5689 for more information or click the link below for more details.

http://windermerenoco.com/listing/87785649

Posted on October 22, 2018 at 10:02 pm
Kyle Basnar | Category: Fort Collins Real Estate, Virtual Tour | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The Cost of Waiting

It’s true, certain parts of our market are cooling off. We are seeing fewer multiple offers, fewer bidding wars, and fewer inspection concessions.
However, homes that are priced right and in great condition are selling, and in many cases, selling quickly.

As buyers feel the market cool a bit, it may cause them to want to wait. They sometimes feel like it’s a better choice to ‘wait and see what happens.’

The reality is, there is a real cost to waiting given two specific facts.

1. Interest rates will continue to rise
2. Prices will continue to rise

Interest rates are a little more than 0.5% higher than a year ago and experts predict them to be another 0.5% higher by this time next year.

Prices have been appreciating at roughly 10% per year for the last four years. Based on the numbers, we see that appreciation could be 5% per year for the next two years.

So, let’s look at a house priced at $450,000 today. If prices go up “only” 5% for the next 12 months, that home will cost $22,500 more in a year.

And, if rates go up another half percent, the monthly payment will be $206 higher. That’s an 11% increase!

In an environment of rising prices and rising rates, there is a real cost to “wait and see.”

Posted on September 10, 2018 at 11:30 pm
Kyle Basnar | Category: Fort Collins Real Estate, Northern Colorado Real estate, Northern Colorado Realtor | Tagged , , , , , ,

Luxury Brownstone Town Home in the Heart of Fort Collins!

At 1034 W Mountain Ave each plan presents an open and flowing floor plan with high quality construction and finishes, designer kitchen, 2 beautiful master suites, and flex space (plumbed) which could be converted into a 2nd living space! Designed with privacy in mind, each has a large front patio and fenced yard in the back. The perfect setting for low maintenance lock-and-leave living! Individual garages with additional parking and all within walking distance to Old Town. Call for your private showing at 970-481-5689 for more information or click the link below for more details.

http://bornandraisedfoco.com/listing/80540301

Posted on June 19, 2018 at 10:09 pm
Kyle Basnar | Category: Fort Collins Real Estate, Virtual Tour | Tagged , , , , , , , , ,

66% Off!

This just in…

For the month of April, the average price of a home in the city of Boulder was $1,247,000. This is according to the latest from our IRES MLS system.

If you want to own a home about an hour down the road in another really nice college town and get a 66% discount, you may want to check out Fort Collins 🙂

Yes, despite the recent uptick in prices here locally, we are still a bargain compared to Boulder. Here are median single-family prices for our markets and their relative price to Boulder:

  • Fort Collins = $414,237 (66.8% off)
  • Loveland = $360,150 (71.1% off)
  • Greeley = $290,000 (76.7% off)
  • Windsor = $306,450 (75.4% off)

Grab a copy of our Investment Kit so you can see the simple steps to get started without stress or complication. Email us at colorado@windermere.com and we will send you a video which clarifies the process and our Investment Checklist so you can see what to do first.

Posted on May 11, 2018 at 4:37 pm
Kyle Basnar | Category: Northern Colorado Real estate, Northern Colorado Realtor | Tagged , , , , , , , ,

Under $300,000

If a real estate buyer walks into one of our offices in Northern Colorado and tells us they are looking for a single-family home under $300,000, unfortunately there will not be many properties to choose from. Depending on where they are looking the choices may be very limited.
Here is a list of the number of single-family homes currently for sale (excluding manufactured homes) in Northern Colorado:

  • Fort Collins = 0
  • Loveland = 7
  • Windsor = 0
  • Wellington = 0
  • Timnath = 0
  • Greeley = 27
  • Evans = 8
  • Milliken = 2

If our active market has you thinking about investing in real estate in Northern Colorado. Check this out…

Grab a copy of our Investment Kit so you can see the simple steps to get started without stress or complication. Email us at colorado@windermere.com and we will send you a video which clarifies the process and our Investment Checklist so you can see what to do first.


Posted on April 27, 2018 at 9:38 pm
Kyle Basnar | Category: Fort Collins Real Estate, Northern Colorado Real estate | Tagged , , , , , , , , , ,

10,000 Short

Northern Colorado isn’t the only place with limited inventory.

Metro Denver is short by 10,000 listings.

The average number of homes for sale for this time of year in the Denver area, going all the way back to 1985, is 14,309.

Right now there are 4,084 residential properties on the market. This is a difference of 10,225 listings compared to the long-term average.

The peak was 2008 when there were 25,037 listings. The lowest year was last year with 3,878 (a drop of 21,159 in 9 years?!).

The good news for buyers is that inventory is up 5% compared to last year. Another piece of good news is that the Spring tends to produce the highest amount of inventory for buyers to pick from.

Posted on March 10, 2018 at 3:40 am
Kyle Basnar | Category: Fort Collins Real Estate, Northern Colorado Real estate, Northern Colorado Realtor | Tagged , , , , , , , ,

Get Real

Get Real

A story ran this week which highlighted the number of people who have moved out of Colorado.

Let’s get real, there are still a large number of people moving to Colorado.

In fact, 223,000 moved to Colorado from another state last year according to the latest American Community Survey from the U.S. Census Bureau.

The net migration into our state (after subtracting out people who left) was 30,859 people.

In Northern Colorado the net migration looks like this:

  • Larimer County = 7,001 people
  • Weld County = 7,117 people

So what does that mean for housing? Knowing that, on average, 2.5 people live in each household, the number of new housing units required for these new residents looks like this:

  • Larimer County = 2,800 new housing units
  • Weld County = 2,847 new housing units
Posted on December 11, 2017 at 6:08 pm
Kyle Basnar | Category: Uncategorized | Tagged , , , , , ,