Colorado Real Estate Markets Named Best in the CountryPosted on Nov 03, 2017
While hurricanes in Texas and Florida deterred potential buyers from relocating, buyers continue to migrate to Colorado. A recent report named several Colorado real estate markets as the best in the country. According to a piece by thedenverchannel.com, Denver is No. 10 on the list of best cities for buying real state. Compared to similar cities with more than 300,000 residents, Denver came in No. 3. The report by WalletHub also showed top rankings or Aurora, Thornton and Arvada, Colorado. Some of the factors that go into making a real estate market the best include rapid home appreciation, less time on the market, low vacancy and low mortgage delinquencies or foreclosures. Other Colorado cities included in the top 50 best cities in the U.S. for real estate included Colorado Springs, Fort Collins, Lakewood, Greeley, Longmont, Westminster, Centennial and Pueblo. Based on the report, consider a few factors that often matter to potential home buyers searching in Colorado.
Showing your home is low maintenance
Experts point out part of what goes into a top real estate market is low maintenance costs as a percentage of income. When selling your Colorado home, strive for energy efficiency and low-maintenance landscaping. If possible invest in heating and cooling units, new windows and doors as well as insulation to reduce costs.
Drawing attention to your home’s great location
Whether your Colorado home is in a top school district or close to the best companies in the area, make note of the great location in your home listing. Potential buyers like to know they are within walking distance to favorite health food stores, restaurants, public transportation, hiking and nature trails. If possible, create a map of favorite places in your neighborhood.
People buying a home also like to know a home will likely go up in value. By nicely staging your home and having it move-in ready when listed, it will reduce the number of days the home sits on the Colorado real estate market. Your real estate agent will point out any attractive statistics to potential buyers. To help, share stories with flair about local favorite markets, craft beer spots or annual festivals or fitness events so your real estate agent can pass the information on to buyers. For more tips on selling in the hot Colorado real estate market, please contact us.