Equity Insights

The real estate research firm Core Logic just produced their latest Homeowner Equity Insights report.

Some interesting tidbits:

· 63% of all properties nationally have a mortgage

· Homeowners with mortgages collectively realized a $428 billion rise in equity over last year, an increase of 4.8%

· Only 3.8% of all mortgaged properties have negative equity (where the loan is greater than the value of the home)

· 10 years ago 26% of all mortgaged properties had negative equity


Posted on October 21, 2019 at 9:18 am
Aaron Pearson | Posted in Uncategorized | Tagged , , , ,

Prepare Your Home for Winter

As the days shorten, you can mitigate many mid-winter headaches with some preemptive prep. Proper weatherizing can help protect your home from preventable damage, save money on energy costs, and, most importantly, keep you and your loved ones safe and warm throughout the winter season. Here is a useful checklist to manage your weatherization project. Setting aside some time on a couple of weekend days should be more than enough to knock this out:

 

Cracks & Leaks

Examine your entire house for any cracks and leaks, from your roof to your baseboards, to your basement and foundation. With unpredictable winter weather, these cracks and leaks are how the outside gets in, causing cold drafts and water damage.

Luckily, most cracks don’t require a professional to handle it. Depending on your house type and age, it’s likely you’ll be able to do it yourself with supplies from your local hardware store.

 

Windows & Doors:

Gaps and breaks in windows and doors is another way to let the winter in your home, and they can let heat escape, raising your heat bill throughout the season.

Make sure seals are tight and no leaks exist. If you have storm windows, make sure you put them on before the cold season begins. Additionally, add weather-strips and or a door sweep to prevent drafts and keep the heat in.

 

Rain Gutters: 

Clean your rain gutters of any debris. In colder climates, the buildup will cause gutters to freeze with ice, crack and then leak.

Once you have removed the residue from the drains, test them by running hose water to make sure cracks and leaks have not already formed. Even in warmer locales, the buildup can put undue stress on your roof and home.

 

Pipes: 

Protecting your pipes from freezing should be your number one priority this winter. A burst pipe can quickly become a disaster in any home.

Remember to turn off your exterior water source and take in your hose. Internally, wrapping your pipes is a recommended precaution to take.

 

Heating System:

Annual checks are vital in avoiding dangers such as house fires. Replace filters if you use a furnace and clear out any vents and ducts that carry heat through them. If you have baseboard heat, wipe them of dust and remove any debris that might catch fire.

 

Fireplace & Wood Burning Stoves:

Make sure to have chimneys and air vents cleaned early in the season if you are planning on warming your home with a wood-burning source. When your fireplace is not in use make sure to close the damper, some resources estimate an open damper can increase energy consumption by as much as 30%, increasing your bill about $200.

 

Outside: 

Bring your patio furniture inside or cover it for the winter. Don’t forget other, smaller items such as your tools, including the hose and planting pots. Clear out any piles around the side of your house, checking for cracks and holes in your home and foundation as you go so to avoid providing shelter for unwelcome guests over the cold season.

If your property has large trees check for loose branches and call someone to trim back any limbs that may fall in your yard, on your roof or even damage a window.

 

Emergency Kit: 

Lastly, make sure your emergency kit is up to date with provisions, batteries, fresh water, food for animals, entertainment for kids – especially if you live in an area prone to power outages.

For a more complete emergency preparedness guide, visit https://www.ready.gov/winter-weather.


Posted on October 23, 2019 at 10:29 am
Aaron Pearson | Posted in Fort Collins Real Estate, Northern Colorado Real Estate, Windsor Real Estate | Tagged , , , , , , , , , , , , , ,

Net Worth

It’s no surprise that for just about every homeowner, their real estate represents the largest portion of their net worth.

Check out these numbers from the Federal Reserve’s Survey of Consumer Finances:

  • Median Net Worth in the U.S. = $97,300
  • Median Net Worth of a Renter = $5,200
  • Median Net Worth of a Homeowner = $231,400

Posted on October 14, 2019 at 8:10 am
Aaron Pearson | Posted in Economics 101 | Tagged , , , , , , , ,

Beautiful Brick Home in Sunnyside Neighborhood!

Want old world charm combined with the worry-free simplicity of a modern home that has been fully updated? Check out this sun-drenched turn of the Century brick home at 4211 Alcott Street in Denver nestled on a beautifully landscaped yard on a great block in popular Sunnyside neighborhood. The main floor boasts a stylish gourmet kitchen with granite counters, cherry cabinets & stainless appliances. The living room has the original craftsman fireplace, exposed brick and the dining room has a bay window. The 2nd floor is a private master suite with walk-in closet, custom tile shower with European glass doors, dual sinks, toilet closet, skylight and gigantic soaker tub. New Hickory wood floors can be found throughout the house including all 3 bedrooms. The basement is finished with a bonus room for movies or an office. Enjoy the private backyard on the deck with French doors to the mud room. Parking is not a problem with an over-sized two car garage. Newer roof, plumbing, electrical wiring, furnace and A/C. Just a block and a half to the restaurants & shops at Cobbler Corner. Call for your private showing at (970) 646-3035 for more information or click the link below for more details.

https://www.windermere.com/listing/CO/Denver/4211-Alcott-Street-80211/99827566


Posted on September 6, 2019 at 8:30 pm
Aaron Pearson | Posted in Denver Real Estate, Virtual Tours | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Gorgeous Home in Water Valley in Windsor!

Over 6,500 square feet in this luxury 2-story home located at 1508 Pintail Bay in desirable Water Valley. This floor plan works! Kitchen features granite counter tops, and custom alder wood cabinets. Formal dining room with tray ceilings. Gorgeous main floor master retreat, main floor features great room that opens to above. 2nd floor features bonus room, 3 bedrooms, 2 bathrooms (1 jack and jill), loft and laundry. Basement has theater room and framed for additional rooms. Outdoor living with water feature and large pergola is an entertainer’s dream! Call for your private showing at (970) 646-3035 for more information or click the link below for more details.

http://windermerewindsor.com/listing/98654966


Posted on August 8, 2019 at 7:35 pm
Aaron Pearson | Posted in Virtual Tours, Windsor Real Estate | Tagged , , , , , , , , , , , , , ,

Beautiful Two-Story Home in Greeley!

Fabulous 4 bedroom, 4 bathroom home at 2262 82nd Avenue in Greeley in Owl Ridge. New paint and flooring throughout the home. Main level has open floorplan, vaulted ceiling in great room, dining area & spacious kitchen with upgraded appliances and gas range. 3 beds upstairs with laundry. Finished, permitted basement has bedroom/study, wet bar and rec room. Large covered front porch with mountain views and huge deck/patio in backyard for entertaining. Garage has bonus storage area, built in cabinets & work benches. Windsor/Severance schools! Call for your private showing at (970) 646-3035 for more information or click the link below for more details.

http://windermerewindsor.com/listing/96882691


Posted on June 24, 2019 at 7:49 pm
Aaron Pearson | Posted in Greeley Real Estate, Virtual Tours | Tagged , , , , , , , , , , , , , , , ,

Ranch Style Home in Cul-De-Sac!

Welcome home to this well maintained all brick ranch style home at 906 Vista Court sits on a quiet cul-de-sac in the heart of Windsor with No HOA. Don’t miss out on seeing this home featuring a recently finished basement with kitchenette, over-sized rec room, bonus room and more. Backyard oasis provides mature landscaping, sprinkler system, expansive deck and separate dog run/garden beds. Fully insulated garage with attic storage. Radon system, new furnace and water heater in 2019. Call for your private showing at (970) 646-3035 for more information or click the link below for more details.

http://windermerewindsor.com/listing/95744848


Posted on May 24, 2019 at 4:21 pm
Aaron Pearson | Posted in Virtual Tours, Windsor Real Estate | Tagged , , , , , , , , , , , , , , , , , , ,

Beautiful Meritage Home in Timnath!

Beautiful Meritage Telluride model at 6822 Rock River Road in desirable Timnath Ranch. Main floor has study, formal dining, large eat-in kitchen with a double oven & gas stove top and a spacious family room. Upstairs has 4 large bedrooms, a loft and 3 full baths. Master suite has a 5-piece bath with his & her closets. Covered back patio (gas grill line & outdoor speakers) with mountain & open space views. Poudre School District schools and Bethke Elementary! Call for your private showing at (970) 646-3035 for more information or click the link below for more details.

http://windermerewindsor.com/listing/95470877


Posted on May 17, 2019 at 5:18 pm
Aaron Pearson | Posted in Timnath Real Estate, Virtual Tours | Tagged , , , , , , , , , , , , , , ,

Beautifully Maintained Home in Windsor!

Fantastic 6 bedroom, 4 bathroom home at 1575 Edenbridge Drive in desirable Windshire Park with over 4,300 finished square feet! Main level has a formal living and dining room as well as an eat-in kitchen and family room. Upstairs has 4 large bedrooms and a loft. The finished basement has 2 additional bedrooms, full bath, huge rec room with wet bar and additional bonus room for crafts/home gym. Backyard has a big trex deck, storage shed and garden boxes. This home’s solar panels make the home net zero for electricity! Call for your private showing at (970) 646-3035 for more information or click the link below for more details.

http://windermerewindsor.com/listing/94462759


Posted on April 19, 2019 at 3:42 pm
Aaron Pearson | Posted in Virtual Tours, Windsor Real Estate | Tagged , , , , , , , , , , , , , , , ,

Well Maintained Home in Westminster!

Fully remodeled 2 story home at 5656 W 110th Circle in desirable Sheridan Green. New luxury vinyl tile, carpet & interior paint. The kitchen has been refreshed with new paint, new stainless-steel appliances and countertops. New roof, gutters & exterior paint done 9 months ago. This home has a large master suite on the upper level, 2 additional bedrooms upstairs and a second master bedroom suite on the main level. The main floor also has a formal dining area, living room, family room and is handicap accessible. The finished basement provides a large bonus room, craft/workout space or a fantastic game room. Outside you’ll love the location. This home sits on a quiet cul-de-sac and backs to the Big Dry Creek open space with incredible views of the 4th of July fireworks. The large lot offers RV storage and no HOA. Just a short walk or bike ride to the elementary school, movie theater or to one of the many restaurants in the Westminster Promenade. Relax on the covered back patio and enjoy the view! Call for your private showing at (970) 646-3035 for more information or click the link below for more details.

http://windermerewindsor.com/listing/93896184

 


Posted on April 12, 2019 at 9:22 pm
Aaron Pearson | Posted in Virtual Tours, Westminster Real Estate | Tagged , , , , , , , , , , , , , , , , , ,