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Bailey Home For Sale

by Bob in Conifer on June 19, 2009

in Denver Real Estate Market News, Featured Listings

A beautiful home for sale in Bailey, Colorado 300 N. Pine Drive.

On the North side of Bailey, just a mile from US Highway 285 is Friendship Ranch. This quaint little community is known for its large home sites and a beautiful combination of broad meadows, Aspen Groves, Ponderosa forest and interesting rock outcroppings.

We just listed a great home in Bailey’s Friendship Ranch that is a perfect candidate to take advantage of the first time home buyers tax credit we’ve been talking about lately. This home is a must see for those looking for a new home.

When the current owners first walked into this home with me, years ago—it was far and away the best home on the market in Bailey in its price range. We think it continues to be the best Bailey real estate deal.

This is a great combination of an ideal home site, well maintained home and attractive design elements. From the very beginning, as you walk up the stairs to the entrance of this raised ranch it becomes evident that the design of the home lends itself very well to taking advantage of the wealth of open space all around. Barbeques, hot tubbing, entertaining or just kicking back on the large, wrap around deck is a treat from here. The views are very impressive with mountain peaks, across the beautiful valley and often times show the plentiful wildlife that frequent the area.

Inside, This Home Will Knock Your Socks Off!

The well maintained wood floors shine and highlight a bright and airy, vaulted great room which is open to a large kitchen with all of the appliances and beautiful window coverings being sold with the property.

This great room/kitchen combination creates a great first impression and a very comfortable home.

The vaulted master bedroom and one other large bedroom round out the upper floor –along with a full bath. The lower level has a gigantic family room with a ton of natural light and a large sliding glass door leading out to the yard and outdoor garden and seating area. The family room has an almost new pool table and plenty of extra space for a multimedia/entertainment center.

A Second Master Creates A Lot Of Options

The lower level also has a large second master which is currently set up as a well appointed home office. A large laundry and full bath room round out the lower level.

Quick Summary: Address: 300 N. Pine Dr. Square Footage: 1638 Bedrooms: 3 Bathrooms: 2 MLS# 779707 City/ST: Bailey, CO Zip Code: 80421

Overall, this is a very nice home on the Denver side of Bailey that is well kept with new paint, nice features and upgrades, a beautiful kitchen and stone fireplace and its priced to sell at $217,000.00. If you like what you see please call (720)273-4262 to set up a showing or send me an email at BobMaiocco@kw.com. Click here to SEARCH ALL BAILEY HOMES FOR SALE.

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Tagged as: bailey colorado, bailey home for sale, bailey homes, bailey homes for sale, bailey real estate, highway 285

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Custom Home For Sale Above Littleton and Conifer

by Bob Maiocco Denver Real Estate Guy on June 17, 2009

in Conifer real estate, Denver Real Estate Market News, Featured Listings, Littleton Real Estate

The Bear Dance Ranch is a spectacular custom home on large acreage in the Conifer foothills above Denver. This home is a magnificent estate on 35 acres of horse property with amazing views of the city and offering a high level of privacy, elbow room and seclusion while having all the conveniences of Conifer and Littleton, just a few minutes away.

This is a Luxury Horse Property in the Conifer Community

with extensive natural light, intelligent use of windows, archways and vaulting to create an impressive experience from the moment you drive through the log gated entry to the grandeur of the front entry, past the massive stone fireplace and the meticulously handcrafted, focal point stairway, really through the entire home.

The attention to detail in both construction and materials is evident everywhere you look. Prestigious brand names are attached to each amenity and the blend of warm, natural tones with stone, Aspen, Pine, Alder, Marble, Granite and Large Diameter Log accents all in an inspiring location with mind boggling views and open space makes this one of the best places to live! In addition the main floor master suite allows for easy living with no stairs between the majority of living space and the sumptuous master. A private large suite on the lower level could be the perfect nanny quarters.

The Kitchen in this custom home is a work of art.

The kitchen is a very well designed and built chef’s delight. It offers an efficient work triangle for creating the perfect meal, while allowing an open concept across the breakfast bar the nook and great room. The custom hand crafted Alder 42" cabinets over granite slab counter tops are highlighted with many extra features such as full granite back splash above the commercial grade stainless cook top, built in wine bottle rack, built in wine glass rack, under cabinet lighting, crown molding on both cabinetry and ceiling, even a custom vented hood shroud adds an extra level of detail. A vegetable prep sink is a great convenience in addition to the primary Kohler sink. All this over a rich, warm, slate floor that is heated with in-floor radiant heat. No corners have been cut in this kitchen. This is one of those rare places where the closer you look at the features the more impressive this home becomes.

This great room is a perfect place to entertain guests

or simply unwind with an impressive wall of stone around a large, real wood burning fireplace when the focus moves from the kitchen to relaxing,. The mantel is a handcrafted local log from the woods and rounds out the overall feeling of true mountain living. Just to the right of the stone fireplace is a beautifully custom built, Tucumcari style entertainment center with intricate doors, shelving and cabinetry as well as customized lighting for artwork display. The lower level family room has similar attention to detail and quality craftsmanship with personality of it’s own!

Outdoor living is one of the highlights of a home on acreage

and the enormous decks and patios provide the perfect place to entertain or relax. Just imagine evenings spent overlooking the mountains from this high vantage point across your own acreage spreading out below.

This home is in one of the original conservation ranches developed in Colorado: Chaparral Ranch at Wrangler Road and Kuehster Road was developed to maximize the availability of wilderness access for its homeowners. It provides an extensive network of horse back riding trails and atv trails as well as some pristine camping and picnic spots.

The engineering and built green, energy efficient aspects of this home are so comprehensive that they can overshadow the luxurious and custom features so I am writing about those in a different post. However, I’ll quickly mention that this home started with a pre-construction consciousness of state-of-the-art systems and techniques and a passion for creating an extremely energy efficient home that is self-sustainable, beautiful and comfortable.

Quick Summary: 16911 Wrangler Trail Littleton, MLS # 777437 4 bedrooms (plus a Multimedia room) 4 bathrooms, 4,810 square feet built in 2003 on 35.01 acres. In floor radiant heat, Photovoltaic Solar generator, RV Garage, 3 Car garage. Zoned A-2 for horses with a domestic well. $950,000.00

Overall this is a perfect home for those who appreciate being off the beaten path, perhaps a hidden gem in the Colorado Rockies, and have a demanding expectation of superior architecture, design, craftsmanship and materials. Bear Dance Ranch is a rare find for the horse lover or even nature lover ready to take advantage of all that Colorado offers!

We have several homes for sale in the mountains above Littleton and Conifer:

If you’d prefer a slightly smaller home just a few miles further on Kuehster Road, take a look at this house for sale in Conifer at $550,000.00.

Or if you’re in need of a custom home with a turn key horse operation try clicking this 40 Acre Horse Ranch in Littleton for sale for $900,00o.

And you can search all Conifer homes for sale here: Conifer real estate

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Tagged as: Conifer, Conifer Acreage home, conifer colorado real estate, Conifer custom home, Conifer homes for sale, Conifer real estate, Custom home in Conifer, Denver Real Estate, equestrian trails, Littleton custom home, littleton horse property, Littleton mountain home, Littleton Real Estate

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Get The Most Out Of Your First-Time Home Buyers Tax Credit

by Bobby Verenna The Bike Racing REALTOR on June 11, 2009

in Denver Real Estate Market News, The State of the Real Estate Industry

Many Programs and states are offering different ways to get the $8,000 credit to first-time buyers faster and more efficiently.

When it comes to the $8,000 tax credit for first-time homebuyers, it seems there’s a new program every week to help tap that money today.

The credit can be claimed on 2008 or 2009 tax returns. Homebuyers who get a loan backed by the Federal Housing Administration (FHA), can use the money to cover closing costs and other fees, and at least 10 states offer ways to use the tax credit faster.

To be eligible as a ‘first-time home buyer’, a person cannot have owned a home in the past three years. So if you’re ready to take the leap,here are some helpful and insightful tips on what to do with that $8000:

INCOME LIMITS: The tax credit, for homes purchased through the end of November 2009, comes with income thresholds, $75,000 for individuals and $150,000 for joint filers. Above those limits, the credit begins to phase out. If you bought a home this year and expect your 2009 income to be higher than your 2008 income, it makes sense to file for the credit this year using a 2008 amended return.

However, if you think your income will decrease, due to job loss, wage cuts or hour reductions, it makes more sense to file for the tax credit on your 2009 tax returns to get the most out of the credit.

TAX WITHHOLDING: Another benefit to waiting until 2009: You can increase your take-home pay. By taking the credit next year, you can change your tax withholding status with your employer now and get more on a paycheck-to-paycheck basis.

You’ll be giving up a bigger tax refund next year, but each month you’ll have more money in your account to spend on that new house.

One last tax strategy to employ is to reduce your federal and state tax withholding to adjust for the tax deduction you can take on the mortgage interest and property taxes you pay.

BRIDGE LOANS: Ten states (and more joining every day) are offering so-called “bridge loans” for the federal tax credit, so homebuyers can take advantage of the $8,000 before the 2010 filing season. Qualified homebuyers in Colorado, Delaware, Idaho, Kentucky, Missouri, New Jersey, New Mexico, Ohio, Pennsylvania and Tennessee can receive a ‘bridge’ loan with little to no interest and repay it with the tax credit refund next year.

Each state program varies slightly with some requiring a minimum down payment contribution from the buyer.

Even nonprofit organizations like NeighborWorks America are also offering bridge loans for the tax credits.

ADVANCE CREDIT: In May, the FHA started to allow first-time buyers to receive advances on the $8,000 first-time homebuyer tax credit from lenders. This way they don’t have to wait to get the money next year from the Internal Revenue Service. Buyers still have to come up with the FHA’s required 3.5% down payment, but the advance from the tax credit can be used towards closing costs, fees or to increase the down payment amount.

Many believe that not all lenders will participate because the process involves more work for the lender. However, some lenders are charging an additional fee up to 2.5% for the additional work. A fee that is regulated by the FHA.

The bottom line for anyone that is receiving this economic stimulating $8,000 is to speak with a credible tax accountant about the best way to apply the credit to your personal situation. Not one application is the best for everyone, which is why the FHA is being flexible and truly allowing this credit to be an economic stimulus.

For more information on the first-time buyer tax credits check out these earlier Denver’s Real Estate News articles:

http://www.denversrealestatenews.com/frequently-asked-questions-about-the-first-time-home-buyer-tax-credit/

http://www.denversrealestatenews.com/why-you-should-buy-your-first-home-in-denver-now/

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Tagged as: Denver homes for sale, Denver Real Estate, first time home buyer, first time homebuyers, real estate, tax credit

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Highland and Highland Real Estate For Sale

by Bobby Verenna The Bike Racing REALTOR on June 3, 2009

in Denver Metro Community Info, Denver Real Estate Market News

The Highland neighborhood, most often referred to as ‘The Highlands,’ is in the northwest corner of Denver in what began as the incorporated Town of Highland. The Highland neighborhood (almost all of zip codes 80211 and 80212) currently has a population of about 57,000 people. The Highland neighborhood has undergone drastic changes in the past several years. From unsavory to chic, Highlands Real Estate, in all its charming glory, is in high demand and on the rise. Highland is now a fantastic destination of chic restaurants, eclectic stores and martini bars just outside the bustle of Lower Downtown Denver.

Bordered by west 38th Ave. on the north, west. 32nd Ave. on the south, Zuni St. on the east, and Federal Blvd on the west, the 250-acre neighborhood has always been known for its ethnic diversity since its founding in 1858. As the population of Highland grew, it did not remain as exclusively wealthy as its original planners had intended. Many of the subdivisions allowed small homes to be built on 25-foot wide lots. However, the town did remain residential and the housing was primarily owner-occupied, with great pride shown by the owners. It was home to Scottish, German, Italian and English immigrants during the early 19th century, and has more recently been given life by its Spanish-speaking population. Remnants of Highland’s motley history are apparent in the Scottish and Spanish street names, and historic landmarks like the mission-style St. Patrick’s Cathedral.

Highlands’ residential district is, for lack of a better term, just plain awesome. Its eclectic mix of Victorian architecture and bungalows has made it a sought-after destination for young families and LoDo business professionals. Building interiors are characterized by their exposed brick walls, winding staircases and other unusual attributes of Victorian architecture. Highland is currently undergoing a housing revival with the construction of a number of new houses, condos and rentals in a variety of architectural styles. Its six recreational parks with youth baseball diamonds, basketball courts, flower beds and picnic benches complement the area small neighborhood ambiance.

Highland Real Estate has been one of the few shining stars in metro Denver of the past couple of years. With multiple new single family, condo and townhome developments coming online and selling through, even in the lowest of real estate markets. The zip codes 80211 and 80212 have been listed as two of the ‘hottest’ zip codes in Denver during that same time period.

Speaking of hot Highland Real Estate, check out Perry 6, Highlands Condos for sale!

Kick start your Highland Real Estate search with the results in the map below.

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Tagged as: condos for sale, Denver, Denver Real Estate, Denver's Communities, downtown denver, highland neighborhood, Highlands, Highlands Condos, highlands neighborhood, highlands real estate, martini bars, north neighborhood, northwest corner, real estate, West Denver, West Highlands, zuni st

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How To Price Evergreen Real Estate

by Bob Maiocco Denver Real Estate Guy on June 2, 2009

in Denver Real Estate Market News

How Much is a Home Worth In Stanley Park in Evergreen, CO?

I recently replied to a question on a national real estate site from a home buyer or home seller (no way to know for sure)– a general question about how to determine the value of a home in Evergreen. I’ve taken the answer I wrote and added it to here since I think you’ll find it helpful. The inquirer was hoping to use averages for appreciation to help determine the value of a home on Stanley Park Road—an Evergreen community on top of Bear Mountain. The fact is, averages and statistics just shouldn’t be used for determining a home’s value. The home and the home’s history is unique while averages and statistics, by their very definition are the antithesis of unique. The practice of applying the average appreciations for any home ignores the specific negotiations that occurred during the first purchase and subsequent maintenance, improvements (or wasting) as well as the current Seller’s motivations, and relevant information about the current competitive factors effecting the specific neighborhood.

What Info Should I Use To Determine My Evergreen Home’s Value?

A better approach is consider the home’s size, location and condition relative to today’s active listings, recently sold similar homes and the number of qualified prospects trolling the neighborhoods looking to purchase. I frequently run statistics for Evergreen homes in terms of general overviews to provide people with averages and an idea of what the market conditions are– but a closer analysis of specific property features, characteristics and specific active competition is required to craft a pricing strategy for effectively marketing a home for sale… I believe the best approach to valuing a home is to consider the three P’s of marketing real estate:

What Are The Three P’s Of Marketing Real Estate?

1.) Product -what the house is, what it isn’t and how does it compete against specific competitors, 2.) Pricing- The importance of finding the “Sweet Spot” in which the home is priced below superior and/or equal competitors, above inferior competitors and at a compelling price to attract attention from Buyers who wouldn’t otherwise look at your offering. 3.) Promotions-Is the good word of your homes offering broadcast out to as many marketing conduits as possible? Are you taking advantage of a hybrid mix of “old school” marketing tools AND the newest technologies to tell would-be-buyers of your home? When marketing a home each of the “P’s” effects the others for example you may be able to sell an inferior Product relative to the competition if the Pricing and Promotion is better than the competition. Of course, the Price can be higher if the home is better and Promotions are superior.

What If My Home Isn’t As Nice As Others On The Market?

Conversely, if the home (Product) is inferior or equivalent to the competition and the Price is average or high-no amount of Promotion is going cause a sale-other than to bring Buyers into your neighborhood and sell the competition. Ultimately the best pricing strategy comes from a comprehensive knowledge of all of the 3 P’s specific to the subject property. In addition knowledge of the Buyer’s search process, methods of valuation, fluency with every competing home and the terms of each recent sale– all add up to the most qualified approach to structuring a home sale in Evergreen’s fiercely competitive selling market

For the record—I did also provide the 5 year approximate appreciation, which specific to Stanley Park and Bear Mountain is roughly 0% appreciation IN FIVE YEARS!

In Five Years Home Appreciation for Evergreen Real Estate is About 0%

Regardless, don’t use stats—use an expert! Since many homes have appreciated significantly while others have lost value.

If you must, Trulia does a great job of providing different sale statistics:

Click here for my Previous Post about Evergreen Real Estate .

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Tagged as: Evergreen CO real estate, Evergreen home appreciation, Evergreen homes, Evergreen real estate

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← Previous Entries

Denver Real Estate and Home Search Tools

Bailey Home For Sale

A beautiful home for sale in Bailey, Colorado 300 N. Pine Drive.

Inside, This Home Will Knock Your Socks Off!

A Second Master Creates A Lot Of Options

Custom Home For Sale Above Littleton and Conifer

This is a Luxury Horse Property in the Conifer Community

The Kitchen in this custom home is a work of art.

This great room is a perfect place to entertain guests

Outdoor living is one of the highlights of a home on acreage

Get The Most Out Of Your First-Time Home Buyers Tax Credit

Many Programs and states are offering different ways to get the $8,000 credit to first-time buyers faster and more efficiently.

Highland and Highland Real Estate For Sale

How To Price Evergreen Real Estate

How Much is a Home Worth In Stanley Park in Evergreen, CO?

What Info Should I Use To Determine My Evergreen Home’s Value?

What Are The Three P’s Of Marketing Real Estate?

What If My Home Isn’t As Nice As Others On The Market?

In Five Years Home Appreciation for Evergreen Real Estate is About 0%

Denver’s Newest Homes For Sale within the last 48 hours!

BobTheBroker on Twitter

Denver’s Most Expensive Homes For Sale! The Best of The Best!

Bob on Trulia

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