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This newsletter expresses a summary of the market for October and November 2020. This excerpt includes a monthly market snapshot, advice for buyers and sellers, and discusses the possibility of a surge of Foreclosures and short sales.

This newsletter expresses a summary of the market for September and October 2020. This excerpt includes a monthly market snapshot, advice for buyers and sellers, and discusses the election and what it will mean for home sales.

Whether you’re selling your home or if you’re looking for a change, these fall renovation projects will breathe some new life into your home and see a return! If you haven’t read the HomeLight Q2 Survey, you may not realize that the renovation project that’ll give you the most bang for your buck is going to be creating a dedicated home office out of any spare space you have. Yes, this project will cost somewhere around $12,000 and you’ll get an 87% return on investment, but because this is something buyers are looking for post-COVID-19, it’s very likely that your house is going to sell a lot quicker than if you didn’t have it. So, if you’re thinking about listing your home any time soon (or you just want to change things up a bit) consider these renovation projects with the best ROI, as per the 2020 Cost vs Value report issued by Remodeling magazine. 1. Remodeled kitchens In any home, the kitchen is probably one of the most used rooms in the house. People congregate there for entertaining, meal times, and even family bonding. With that said, it’s no wonder people want an updated, well-appointed kitchen! Buyers appliances that are energy efficient and stainless steel (naturally). They also want new granite countertops (concrete and marble are good choices as well), shaker-style cabinets, and sleek hardware. Remember, a fully upgraded kitchen will set you back around $23,000 for a modest renovation, but you’ll get 77% of that back when you sell. 2. New vinyl siding Vinyl siding is the standard type of siding on many houses, but over time it can fade and have weather-related damage. Your house will look run down and drab even if the yard looks amazing. Replacing the siding can cost around $17,000 for the average, 1,250 square foot home. Yet, you can expect to see a 77% return, which makes it worth it, in our opinion. 3. Installing energy-efficient windows Installing new windows is the perfect renovation for autumn because it’ll save on the energy bill. The best type of windows to get are low emissivity, simulated divided light vinyl windows painted whatever color matches the existing trim on the house. The new windows can cost about $17,000 depending on how many you’re going to replace, but you’ll get a 72% return on top of whatever you save on energy costs. 4. New garage doors You’d never think that replacing a garage door will pay for itself when the house sells, but it’s a cheap upgrade that gives a 94% return when the house sells. The average cost to install a new door and remove the old is going to be about $3,600 and it adds about $3,400 to the overall value of your home.  5. Boost curb appeal with stone veneers Along with new siding, you can go one step further in boosting your curb appeal, you can also create a beautiful entryway by installing a manufactured stone veneer. Along with boosting curb appeal which will appeal to more buyers, you’ll see a 95% return when it sells. Renovating is no cheap endeavor. You need to set a budget and stick to it, because while you may want the best of the best, it’s going to cost a pretty penny. Plus, there’s no way of knowing if the investment will pay off when you put your house on the market.  We recommend doing a little bit of research before plunging in. Find out what features buyers in your area are looking for and see how it fits into your budget. If you can’t spring for a new hardwood floor, consider laminate. If you can’t replace all of the cabinets in your kitchen, consider switching out the hardware and painting the cabinets. Even the smallest renovations can have a big impact!

These COVID-19 Real Estate trends are here to stay as Realtors, buyers, and sellers adjust to the new normal. The switch to a virtual world has created many opportunities for home buyers and sellers to experience showings and open houses from the comfort of their own home. These trends will help you stay up to date with the current market.

  Wow, the events of 2020 so far have taken the whole world by surprise. Everyone is having to adjust to a new normal, including adding “face mask” to the list of things you need before you leave the house. Phone, Wallet, Keys, Face Mask, Gloves, Hand Sanitizer…. the list goes on, but with all these changes it can be hard to keep up! The shift to a virtual world can leave some people playing catch up as they start using new technology. We are here to help! Having hosted a live open house, we wanted to share some best practices to help you connect with your clients virtually.   Advertise/Invite People to Open House Let people know about your open house so they can share it with colleagues, friends, and family. Virtual open houses are a great way to connect with people from all over the world, so let people know about it! Facebook Live makes it easy to create an event and invite people to it. Invite people via email, Facebook, Twitter, and Instagram using the event link that Facebook live provides you. Utilize Facebook and Instagram Advertisements that will help you reach your target audience.   Utilize Live Video Live stream video gets more engagement, traffic, and views than competing content. People would rather watch a video they can engage with than read long content. Make sure to upload this live video to Facebook and YouTube. Live video is where the future of marketing is headed so stay ahead of the trends.     Utilize Content on all Channels Live videos can be downloaded and edited after filming and uploading. You can edit short clips to be posted on Instagram and Facebook stories to give your followers a taste of the whole video. After using the live video feature for your open house, film a shorter high-quality walkthrough video to give people a quick tour of the home. Upload the walkthrough video to YouTube, Instagram TV, Facebook, and Twitter.   Practice Makes Perfect Make a practice video first to make sure you know how to use the live video streaming service you choose for the best results. Before filming, research the best social channel to reach your target audience. If you are not a technological guru there are tons of free resources and videos to help you with your first live video. Sometimes having a partner to hold the camera and give insight as a viewer is helpful.   Give a lot of Detail Make sure to provide a lot of detail about features in the home and the surrounding area. Ask your viewers what questions they have during the video and answer them as they appear on the feed. Try putting yourself in your clients’ shoes and answer questions you think they would have such as, “What is the school district like? How close is it to town? What’s the neighborhood like?” Since people are viewing this home through their screen, try to make them feel like they are there with you by answering questions and giving plenty of detail.

How Home Buyers and Sellers Can Prepare Themselves for a Post COVID-19 World   Rearing into 2020, buyers and sellers alike were preparing for a roaring real estate market. According to real estate experts, at the beginning of February, the housing market of 2020 was off to a strong start, perhaps even stronger than last year. Then came the Coronavirus outbreak in the U.S. Whereas back in February real estate agents were expecting a booming year, now 44% (up from 5%) of surveyed agents are expecting a slow year.   On the upside, real estate inventory remains the same. However, Americans nationwide are practicing social distancing measures and are encouraged to avoid gatherings of 10 or more. This might put a stop to certain real estate techniques like open houses and showings. So how can you set yourself up for success?   You don’t have to pause your buying or selling process   As the world adapts, so will the real estate market. Real estate agents have already adapted by conducting virtual tours, digital closing tools, and remote client meetings. However, whether or not you’ll still be able to legally move forward in the selling or buying process depends on where you. Some state and local regulations have frozen all real estate services, while individuals are taking their own precautions.   Talk to your real estate agent about whether or not it’s a smart idea to move forward. If so, there are plenty of ways to safely conduct business. Those buyers and sellers who are more technologically advanced may find it easier to navigate virtual showings, closing tools, and meetings, while those willing to take the proper precautions may still be able to buy or sell a home safely.    Good news for buyers   Whereas 2019 was mostly a seller’s market, the COVID-19 outbreak may shift the curve to a buyer’s market. For those looking to buy in 2020, this is good news. In the past few years, there simply hasn’t been enough inventory for those looking to buy – making sales extremely competitive. However, now that buyers are hesitant to start their search in the midst of a pandemic, those ready to buy in 2020 might be faced with less competition.   Make it personal   Perhaps you were raring into 2020 with good finances, significant savings for your down payment, and a steady income. It’s a smart idea to reevaluate what your finances will look like in the future due to the current economic climate. Are you in an industry that has seen mass layoffs recently? Are you expecting salary cuts due to the current COVID-19 pandemic?    Ultimately, the decision of whether to dip your toes into the real estate market now or wait until 2021 is a personal one. If you were completely prepared to put your home on the market or purchase a new home this year, but you’re unsure what your future holds… it might be a smart idea to wait it out until 2021.    Take precautions    Beyond virtual routes, there are plenty of other ways to prepare. Talk to your agent to see how you could still conduct real estate business safely. Having buyers and agents drive separately, limiting the number of people per your, requiring all participants to wear masks, disinfecting the property before and after tours, and conducting as much business as possible virtually are all good practices.    For more help, contact me your trusted real estate agent in Colorado, and happy house hunting!  

Why We Love Living in Colorado February 15, 2019 By Your Castle Real Estate There is a reason why 700+ dedicated agents spend their days eating, sleeping, and breathing everything Colorado. Actually, there are about a million reasons. Colorado is an amazing state full of… well, everything. Here are a few reasons why we are making Colorado our Valentine this year, and every year for the rest of our lives. The weather in Glenwood Springs, Colorado. The Weather! Spring, Summer, Fall, Winter… it doesn’t matter, all seasons are our favorite here in Colorado! Spring brings an abundance of wildlife to Colorado, which you can experience at one of our world-class state parks. Although 300+ days of sunshine is more myth than fact, it definitely doesn’t feel like it! The summer season still helps our state rack up an average of  245+ days with sun a year. This makes summer the perfect time to enjoy all of the outdoor activities that Colorado has to offer, including camping, hiking, fishing, biking, and other classic outdoor summer activities! Fall brings apple picking, pumpkin patch visits, and some of the most beautiful fall sights in the country. Winter, of course, is one of our most beloved seasons. Of course, it almost goes without mentioning that Coloradans and other people from all over the world wait all year to enjoy wiling away the winter hours at one of Colorado’s 28 ski resorts. For those who do not harbor a particular affinity for hurdling down a mountain on a long piece of plastic, fear not! There is so much more to do in Colorado during the winter – we have something for everyone! The Scenery! When you think “Colorado”, you likely think “mountains”. You are definitely not wrong. The beautiful Rocky Mountains (pictured above) are the crown jewels of Colorado. Yes, that really is what our view looks like basically all of the time. One of Colorado’s biggest claims to fame — literally — is its 58 fourteeners (peaks exceeding 14,000 feet) (Colorado). This is the most of any state in the U.S. Our state’s most famous peaks hold a beauty that is unmatched, but there is a lot more to Colorado’s good looks than just her peaks. Denver itself has a fun, colorful skyline complete with a theme park and a Ferris Wheel! Denver locals begin their mornings driving towards the city while the bright Colorado sun rises above the silhouette of the Rockies and glistens off of the newly renovated downtown high rises. Yes, that really is what our view looks like basically all of the time. The Entertainment! The local entertainment industry in huge in Colorado! We are lucky to have a multitude of professional sports teams to root for, including professional sports such as basketball, hockey, soccer, lacrosse, and rugby. Coloradans love to rally around our local teams, and that becomes most obvious during fall and summer! During football season in the fall, our Broncos play at the Sports Authority field at Mile High stadium. The city is littered with people boasting the team’s signature orange, white, and blue colors. You can tell who is going to a Rockies baseball game in the summer as Coloradans of all ages sport our team’s purple, black, and white colors. Locals love watching our team play at Coors Field on warm summer days! During the 4th of July and a few other scheduled games, Coors Field hosts a post-game fireworks show for free! Aside from sports, Colorado also has a really awesome music scene. We have venues and artists for everyone! The Pepsi Center hosts large shows for big names ranging from Ariana Grande to Bob Seger to Kenny Chesney. We also have a large handful of small but popular theaters that pull in local acts and underground artists. A few favorites are Ophelia’s, The Fillmore Auditorium, and Ellie Caulkins Opera House. Our outdoor amphitheaters attract music lovers from far and wide during the summer, and for good reason! Fiddler’s Green Amphitheater  is the biggest amphitheater in the Denver metro area. Our most notorious concert spot is Red Rocks Amphitheater, one of the most rad concert areas in the world! We’re not sure if we can claim that factually, but it is definitely a widely held belief. The Beer! People moving to Colorado in 2019 and beyond moved here just in time to experience the luxury of being able to purchase Colorado’s delicious full-strength brews in grocery stores for the first time! Colorado has so many beer options, we are not even sure where to begin. This Colorado Craft Beer Map is pretty cool, though. We also have this comprehensive Colorado Brewery List, which covers the 300+ breweries Colorado has to offer. With nearly 100 new breweries set to open across the state in the new future, it’s no wonder Denver has been crowned the “Napa Valley of Beers”. The People! Last, but farthest from the least, Colorado has given us lifelong friends and family! We always receive comments from visitors about how nice everyone here seems to be. With so much sunshine, endless sites to see and activities to keep us busy, it’s hard to not be in a good mood while you are living in the Centennial State! It’s also hard not to be in a good mood while you work at Your Castle! Your Castle is always at the top of our list of reasons why we love Colorado. Our job as realtors allows us to travel around our state and experience all of the aspects of Colorado that we adore so much. We get to work with people every day who love our state as much as we do; we always have an excuse to learn, share, and love more about this incredible state we call home.        

Our Area Events

Grand County Listings

New
$875,000
MLS# 21-454
For Sale
33 Trademark
Winter Park, Colorado 80482
4 BR | 3 BA | 1,764 Sqft | Condominiums
This is the one you have been waiting to buy. Location is amazing with back deck over the Fraser River and less than 1 / 2 mile walking distance to Winter Park Ski Resort. A beautifully well thought out remodel with SS appliances, granite (more...)
Your Castle Mountain Properties, Lls
New
$2,950,000
MLS# 21-474
For Sale
120 Gcr 4110
Granby, Colorado 80446
6 BR | 5 BA | 6,188 Sqft | Single Family
Experience breathtaking lake and mountain views with this exceptional luxury log home. This gorgeous log home sits on 19.7 acres tucked away from the world, yet only 10 minutes to Lake Granby and the Town of Grand Lake. This six-bedroom, fi (more...)
Keller Williams Top Of The Rockies
New
$669,900
MLS# 21-472
For Sale
57 Gcr 4983
Grand Lake, Colorado 80447
2 BR | 2 BA | 3,034 Sqft | Single Family
This home with two car attached garage is located on a flat treed lot in a very quiet cul-de-sac in the Columbine Lake Subdivision. Large open vaulted living area has a woodburning stove to keep you cozy warm in the winter or sit out on the (more...)
Crabtree Company, Grand Lake
New
$2,600,000
MLS# 21-470
For Sale
76 Gcr 812
Fraser, Colorado 80442
5 BR | 4 BA | 7,727 Sqft | Single Family
An incredible opportunity to own this exceptional home located 4.8 miles outside of the Town of Fraser. Perfectly located on top of CR 812, this home has magnificent views of the ski area, Byers Peak and Sheep Mountain, and the five-plus ac (more...)
Keller Williams Top Of The Rockies
New
$799,000
MLS# 21-469
For Sale
296 Gcr 611
Granby, Colorado 80446
3 BR | 2 BA | 4,190 Sqft | Single Family
5 acres in Granby! No HOA's Built in 2017. Gorgeous views in every direction. Located in the county. Very quiet, rural feel, but conveniently near town, and within walking distance to middle school and high school. Dead end road adds t (more...)
Resident Realty North Metro
New
$799,500
MLS# 21-467
For Sale
114 Gcr 494
Grand Lake, Colorado 80447
4 BR | 2.5 BA | 2,184 Sqft | Single Family
This 4 bd / 3ba home on a flat treed lot in Columbine Lake has been extensively remodeled from top to bottom including new hardwood flooring, carpet, all new furniture and furnishings, baths, barn wood walls and barn style sliding doors, li (more...)
Crabtree Company, Grand Lake
New
$53,000
MLS# 21-465
For Sale
230 Gcr 4
Grand Lake, Colorado 80447
0.26 Acres | Vacant Land/Acreage
Lake and Mountain Views from this sunny lot on the North side of CR 4. Close to Nat Forest and Lakes! Gas, sewer, and electricity in road. (Connect fees need to be paid) Drill a well and you're set to build! Walk to Lake Granby and fish or (more...)
Re/max Resorts Of Grand Co-gl
New
$69,000
MLS# 21-466
For Sale
Tbd Gcr 4631
Grand Lake, Colorado 80447
0.31 Acres | Vacant Land/Acreage
Secluded lot close to the N. Fork of the Colorado River. Listen to the river from this sloping and wooded lot on a private road. Access from the top of the lot or the bottom. Perfect spot for a bench or swing at the tip fo the lot with lak (more...)
Re/max Resorts Of Grand Co-gl
New
$165,000
MLS# 21-464
For Sale
Corner Of Zermatt & Chamonix
Granby, Colorado 80446
1.48 Acres | Vacant Land/Acreage
BUILD YOUR DREAM HOME HERE! Close to 1.5 acres in this great neighborhood. Enjoy Granby Ranch activities: hiking, golfing, biking and recreation trails in Val Moritz Village. Awesome mountain views are offered in this private and secluded s (more...)
Real Estate Of Winter Park LLC
New
$499,000
MLS# 21-463
For Sale
159 Hi Country Drive
Winter Park, Colorado 80482
2 BR | 2 BA | 1,003 Sqft | Condominiums
Wow! This light and bright 2 bed 2 bath condo has been updated throughout - kitchen, bathrooms, flooring, lighting, sliding door and more. Large open floor plan with access to the private deck over the river. Master bed with ensuite bath an (more...)
Real Estate Of Winter Park LLC
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© 2021 Grand County Multiple Listing Service (GCMLS)
Information deemed reliable, but not guaranteed

Listing Data last updated: 11th April, 2021 02:00 MST Service by Buying Buddy IDX CRM

Vail Listings

New
$4,350,000
MLS# 1002615
For Sale
595 Vail Valley Drive, Unit #E-278
Vail, CO 81657
2 BR | 2 BA | 1,503 Sqft | Residential
One of the original 17 Penthouses built in 2008, this stunning residence will wow you the moment the elevator opens directly into the living room. Unobstructed views of Golden Peak and sounds of Gore Creek from the bedrooms create a true mo (more...)
Berkshire Hathaway Homeservices - Villa Montane
New
$530,000
MLS# 1002613
For Sale
570 Homestead Drive
Edwards, CO 81632
2 BR | 2 BA | 1,073 Sqft | Residential
This beautifully updated 2 bedroom home is move in ready. It features an open main level with hardwood floors, an updated kitchen, new carpet upstairs, vaulted ceilings, a fireplace and tons of storage including a large attic and easily ac (more...)
Mountain Sky Realty, LLC
New
$877,000
MLS# 1002614
For Sale
47 Elk Lane, Unit N 1/2
Eagle-vail, CO 81620
3 BR | 3 BA | 1,784 Sqft | Residential
Giant trees grace the entrance to this privately located property in Eagle-Vail. The living area is open, light and airy, with lots of windows to enjoy the views. Updated kitchen with new Stainless refrigerator, range / oven, dishwashe (more...)
Parliament Properties
New
$449,500
MLS# 1002612
For Sale
3 Shedhorn Court, Unit B2
Eagle, CO 81631
2 BR | 3 BA | 1,050 Sqft | Residential
Newer Construction Townhome in Eagle at Eagle Landing-Clean architectural lines, modern interior finishes, functional floor plans. Home features include 2 generous upper level en-suite bedrooms, open kitchen / living area on main level wit (more...)
Mountain Vailley Homes Real Estate LLC.
New
$27,500
MLS# 1002611
For Sale
100 E Thomas Place, Unit 3053-Week 49
Beaver Creek, CO 81620
2 BR | 2 BA | 1,410 Sqft | Partial Ownership
Own a beautiful 2-bed, 2-bath Residence at Park Hyatt for December Week 49...forever! Deeded ownership includes a summer float week plus 3 off-season nights. Incredible views of village, ice rink and Strawberry Park skiing. Enjoy all the am (more...)
Berkshire Hathaway Homeservices - Villa Montane
$459,500
MLS# 1002609
Under Contract
1 Shedhorn Court, Unit B4
Eagle, CO 81631
2 BR | 3 BA | 1,050 Sqft | Residential
Newer Construction Townhome in Eagle at Eagle Landing-Clean architectural lines, modern interior finishes, functional floor plans.. This townhome also has 3 extra windows on South side of home. Home features include 2 generous upper level (more...)
Mountain Vailley Homes Real Estate LLC.
New
$1,150,000
MLS# 1000085
For Sale
1280 Village Road, Unit 412
Beaver Creek, CO 81620
2 BR | 3 BA | 1,307 Sqft | Residential
Rare offering of mountain-facing Strawberry Park property (as opposed to overlooking road). True ski-in / ski-out at the base of the Strawberry Park Express Lift. Underground parking, ski lockers, outdoor pool and hot tub, spa, steam, and (more...)
Vail Realty - Vail
New
$545,000
MLS# 1002608
For Sale
2821 Basingdale Boulevard, Unit 2
Vail, CO 81657
2 BR | 1 BA | 864 Sqft | Residential
This 2 bedroom condo has great space, a great location and is very cute and cozy. The home has many nice upgrades including granite counters, wood floors, new cabinets with soft closing drawers, new wiring and plumbing, new appliances and (more...)
Fortius Realty
$449,500
MLS# 1002607
Under Contract
14 Uneva, Unit C1
Eagle, CO 81631
2 BR | 3 BA | 1,050 Sqft | Residential
Newer Construction Townhome in Eagle at Eagle Landing-Clean architectural lines, modern interior finishes, functional floor plans. Home features include 2 generous upper level en-suite bedrooms, open kitchen / living area on main level with (more...)
Mountain Vailley Homes Real Estate LLC.
New
$65,000
MLS# 1002584
For Sale
53 Foxprowl
Gypsum, CO 81637
0.71 Acres | Land
Almost 3 / 4 acre lot with eastern views to mountains. Brightwater has been extremely active for the past nine months and offers great values for owners who want to build their home.
Berkshire Hathaway Homeservices - Edwards
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The data relating to real estate for sale on this website comes in part from the Resort Data Exchange program of the Vail Multi List Service Inc. and Mountain Region Multi List Service. Real estate listings belonging to brokerage firms other than are marked with the RDX logo or icon. The detailed information about them includes the listing brokers name.
Copyright © 2021 Vail Multi List, Inc. (VMLS). The information displayed herein was derived from sources believed to be accurate, but has not been verified by VMLS. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers' personal, non-commercial use. Any republication or reproduction of the information herein without the express permission of the VMLS is strictly prohibited.

Listing Data last updated: 11th April, 2021 02:00 MST Service by Buying Buddy IDX CRM