Comparing Homes for Sale in Lone Tree, Colorado as a potential buyer can often be quite challenging. With such a large variety of homes to compare, many people often leave this task to a professional such as a real estate agent. By learning how to employ some simple strategies and tips, finding some great homes in the area should be achievable.
Create A List of Areas You Are Interested In
Many people will simply look at houses they are interested in throughout a major metropolitan area. It is important to narrow the scope of your search outright. Factors such as the commute time from your place of employment, recreational activities available in the local area and the selection of restaurants are all important. If you have a family, the crime rate can also be important to evaluate.
Evaluate Home Prices
Being informed about home prices in the local area is essential since it will give you an upper hand in any negotiation with a real estate agent or home owner. According to SFGate, "Use the Internet to help you find the sold prices in your neighborhood that meet your criteria. Websites such as Trulia.com and Zillow.com list sold homes in your area, including homes sold by owner, foreclosures and short sales. Enter your criteria in the search fields and a list of sold homes meeting that criteria will appear. Pick a group of about five homes to make your comparison."
Bide Your Time
Take your time when it comes to exploring markets that interest you. You should be looking long enough to see homes sell that you scheduled a showing at in the past. The logic behind this is the fact that many similar houses, even houses that are almost exactly the same will have slight differences which can make the difference between a sale and staying on the market for three years unsold.
Be sure to contact us if you have any questions about comparing homes for sale in Lone Tree, Colorado.
The city of Lone Tree is a small town of a little more than 11,000 people. It became a Colorado Home Rule city in 1998. Lone Tree is a place that provides a variety of activities for its residents.
Do you like seeing Historic Places? Try the Schweiger Ranch
The Schweiger Ranch sits among approximately 40 acres southeast of the RidgGate Parkway. The ranch was created in 1874 by Austrian Emigrant brothers with the last name Schweiger. They are among the areas first settlers. People who visit the ranch are able to see a valuable historic site surrounded by urban living. The Schweiger Ranch Buildings and the area around it have been designated as an historic landmark. Within the building are old photographs as well as the writings from one of the children raised on the ranch and more. Self-guided tours are available on Saturdays and Sundays.
Like Golf? Need a Hotel? Try Lone Tree Golf Club & Hotel
This golf course is an 18-hole golf course that is an Arnold Palmer design. It is a Par 72 championship course. People who go there are able take golf lessons from PGA and LPGA trained Professionals. The course also has a grass driving range as well as putting and chipping greens and practice bunkers.
The hotel has 15 luxury hotel suites with wireless internet available. There is an onsite restaurant as well as a half dozen conference and meeting rooms. Parents will enjoy the playgrounds available and picnic pavilions to available for use. It’s a great place to have a wedding, private party or business event. The hotel is known for providing families with a place to rest and play.
Exercise, Games and More
The Lone Tree Recreation Center is a facility that is over 50,000 square feet. The residents who go here can enjoy swimming as well as exercise in the huge gymnasium. Weather won’t affect runners who can go here and use the indoor running track. There’s even a multipurpose room for theatrical productions and more. It even has a kitchen for special available for special events.
Anyone who can see the advantages of buying a home in Lone Tree, CO needs to realize the many opportunities in the neighborhood for activities and fun. If you want to know more about the homes in Lone Tree, Lori Corken & Company can help. Contact us today and learn more.
Buying a home in Lone Tree, CO is a sound investment for a number of reasons; however, that doesn’t mean the decision should be made lightly. If you’re considering a new home purchase, here are some things you should think about in order to make the choice that’s right for you.
How much house to buy
This is perhaps the biggest consideration you should think about when investing in real estate. Generally speaking, your new home should be no more than 2 ½ times your annual salary. It should also not cause your total amount of debt to exceed more than 40 percent of your total gross income.
Getting pre-approved for a loan is another way you can be sure you are buying a home you can afford. Not only that, but you could potentially catch any problems with your credit report early on, and be able to correct these deficiencies before they are able to hinder your loan application.
Compare Mortgage Options
When it comes to mortgages, there’s more than just the interest rate to consider. Think about the term, amount of down payment needed, and whether or not a balloon payment is required near the end of the term. There are pros and cons to each type of loan, and making a list of the advantages and disadvantages can go a long way toward helping you decide.
Drive through different neighborhoods at various times of the day in order to see what they’re really like. A quiet peaceful neighborhood just might be anything but that once the sun goes down. If you haven’t visited after dark, you’ll be in for an unpleasant surprise once you begin unpacking your belongings. You can also visit your local police department to find out about crime rates in a given area, or search one of a number of websites such as neighborhoodscout.com or crimereports.com.
Buying a new home requires you to invest a great deal of time and effort if you are to be happy with your choice for years to come. We have a wide variety of homes available, so contact us for help with your house hunting search.
If you're paying cash when buying a home in Lone Tree, Colorado, then you can skip this post. But if you're not, you'll need to qualify for a mortgage. Lenders look at your down payment and income to decide if you're a worthy risk. But they also want to know how responsible you are in handling money. They find that information by looking at your credit report.
You can check out what they see by ordering your own copy of that document, preferably before you begin your house-hunt. By law, you're entitled to one free report each year from each of the three main credit bureaus: Equifax, Experian and TransUnion. Many websites claim to send you this report as a come-on so they can sign your up for paid credit services. There's only one place you can get your truly free report: AnnualCreditReport.com.
Once you receive your information, check it carefully for any errors. Look at merchant names and addresses, account number, balance histories, amounts, and payment frequencies. If you spot anything wrong, contact both the merchant that is involved and the credit bureau that reported it. Ask them to correct it immediately.
Red flags that lenders look for include bankruptcies, foreclosures, and a pattern of late payments. If this information is accurate, there's nothing you can do except give it time. It takes about seven years for such data to drop off from your report. While lenders will not automatically deny your loan because of these financial incidents, they may ask you about them. Be prepared with a good explanation.
If you want more help in buying a home, please contact us.
Buying a home in Castle Pines, CO is a major investment, which means you should carefully consider each detail involved in the process. Whenever you’re viewing real estate, here are some things to look for that will let you know whether a home is solidly built or likely to cause you problems later down the road.
View a home during daylight hours if possible, as this will let you see details that might not be visible whenever it’s dark outside. One of these details is the roof, and some things to look for include:
Shingles that are missing or curled on the edges
Obvious dents or depressions in the roof
Mold or algae growing on the surface
After checking the roof, walk around the outside of the home and look at its foundation. Check for signs of moisture damage at the base of the foundation as well as broken or cracked mortar.
Look at the windows carefully, checking for rotted windowsills or broken panes. Inspect the area between the window frame and exterior walls to see if there is an unusual amount of space there, as this can indicate the home may be difficult to heat during the winter months.
Once inside, take a good look at the furnace, air conditioning unit and water heater. Are they relatively new or do they appear to have some age on them? Look for rusty panels and obvious leaks, as this could indicate a worn system that could need replacing in only a short while after the sale.
Other things to inspect on the inside of a home could include:
Underneath sinks in order to check for leaks
Ceilings for signs of mold or water damage
Floors for loose or creaking boards
Doors that do not seem to open and close properly
Many times, buyers are influenced by the décor of a home, and tend to forego checking for structural defects as a result. By looking at these things first, you can avoid being lured by the home’s aesthetics, because you will be focused on what really matters: structural integrity.
To see quality homes in the Castle Pines, area, contact us today.
Unless you're paying cash for home sales in Colorado, you'll need a mortgage to finance your purchase. You may be paying for your investment for up to 30 years, so it makes sense to figure out what the current interest rates are and what monthly costs you can expect. Bankrate offers examples of such figures, using a $410,000 loan with 20 percent down and no fees, for someone with excellent credit of 740 or more. Rates and payments vary according to whether you take out a fixed-rate or adjustable-rate loan.
With this option, you pay a constant amount every month for the life of the loan, allowing you to budget your expenses accurately for as long as you remain in your home. Rates for this type of mortgage are typically higher than for other options, so qualification requirements are more stringent. Two loan terms are the most common.
30 years, which is the most traditional, have national rates that average 3.67 percent. In the Denver and Lone Tree area, interest ranges from 4.38 to 4.76 percent. This yields estimate monthly payments of $2,047 to $2,139.
15 years, which is suitable for those in a hurry or who want to have a lower total cost. Although interest rates are lower, monthly payments are higher because of the shorter term. The national average runs 3.66 percent. Local rates range from 3.28 to 4 percent, which equals $2,881 to $3,022.
ARMs boast easier qualification terms because their interest rates are typically one percentage point less that fixed-rate options. However, this teaser rate is only good for a specified fixed period. After that, the rate adjusts to meet market conditions, which usually forces payments to go up.
For example, a 5/1 ARM fixes payments for the first five years of the loan. It averages 3.61 percent across the nation and ranges from 2.75 to 3.18 percent in the state. Monthlhy payments range from $1,674 to $1,870.
For more information on how rates and payments affect home buying or selling, please contact us.
Located less than 20 miles from downtown Denver, Lone Tree boasts easy access to big city attractions. Yet this small community also enjoys a 130-acre entertainment district, and multiple parks and trails. According to Zillow, home values here have risen by over 10 percent in the past year to $458,900. This is the median price of properties for sale and houses that are not on the market.
The median list price is $619,000, up 17 percent.
The median sale price is $473,000, up 30 percent.
Median rents are down by 8.6 percent to $1,340.
About 77 percent of Lone Tree residents are homeowners, compared to 66 percent nationwide, with 72 percent in single-family homes and the rest in condos. The median home size runs 2,595 square feet and was built in 1997.
Over a third of the homes are sized between 2,400 and 3,600 sq. ft., with a quarter from 1,800 to 2,400 sq. ft., and 17 percent at 3,600 sq. ft. or more.
Almost two thirds of the homes were built from 1980 to 1999, with remainder constructed from 2000 to the present.
Average property taxes run $4,667 per year, compared to $3,025 nationally.
The population numbers over 11,000.
The median household income is $96,308 per year, more than double the national median of $44,512.
Only about 15 percent of the population is single, with 72 percent married, 10 percent divorced and 1 percent widowed.
Almost two-thirds of households have no kids.
The average commute time is 26 minutes although almost a third of the commutes last from 10 to 20 minutes.
If you are looking to buy a home in Colorado, Lone Tree can offer you the perfect location to settle down in. With a wonderful neighborhood, many local events and activities and a great selection of beautiful homes, Lone Tree is an excellent choice for any home buyer. For those interested in buying a home in Lone Tree, CO, here are some of the great qualities that the location can offer you.
Safety Comes First
When searching for a home it is important to determine if the neighborhood is right for you and your family. Lone Tree is a safe and entertaining place to live. In addition to the local police department, a strong and active neighborhood watch helps to deter crime in the town. Rest easy knowing your family will be safe and secure no matter where they are in Lone Tree.
Fun Options for Everyone
There are many activities available for all ages in Lone Tree. Various events such as the Lone Tree Art and Food Festival and Casino Night are hosted throughout the year. Free pool days and golf events are options for those wishing to enjoy a warm summer day. A wide selection of shopping and dining is also available. Whether you are single, raising a family or retired, Lone Tree has something for everyone.
Finding the Perfect Home
There is an amazing selection of homes in Lone Tree. Real estate ranges from beautiful custom homes to lots to even family style homes. If you are considering buying a home in Lone Tree, Lori Corken & Company is a dedicated and reliable real estate company that can help find you the house of your dreams. With over 20 years of experience, Lori Corken & Company can offer top of the line service to help you buy or sell a home. If you would like more information about our services, please do not hesitate to contact us and we would be happy to answer any questions you may have.
Whether you're buying your first home or relocating, choosing a neighborhood can be overwhelming. After all, you're balancing a number of factors: real estate availability, commute, lifestyle, and more.
The city of Castle Pines recently released a survey of their residents' opinions of the area, placing a spotlight on this wonderful Colorado community.
Community involvement. At least 9 out of 10 respondents had read the City’s newsletter, visited a neighborhood park or visited the City’s Web site in the last year.
Quality of life. More than 9 out of every 10 residents ranked their overall quality of life as "excellent" or "good"--which is well above the national average.
Planning for the future. Residents also weighed in on how they'd like to see their community grow, with the majority supporting a recreational center in the city for swimming and exercise.
With a population of around 3,600, Castle Pines is a community of great potential that still maintains its small town charm. The natural beauty of the region, coupled with a variety of new restaurants, cafes, and shopping destinations, makes Castle Pines a wonderful place to buy a home.
And if you wish to explore buying a home in Castle Pines, you won't find a better real estate partner than Lori Corken & Company, whose results-driven focus is evidenced by an excess of $65 million in sales in the past three years.
Lori specializes in luxury and semi-custom homes across the south metro Denver area, and you can benefit from both her diverse inventory and her wide experience.
Contact us to explore our properties and learn more about our services!
When it's time to buy a new home, you don't want to settle for any house. Therefore, you should not settle for just any realtor. A Top Realtor in Lone Tree, CO will offer a higher degree of service to fulfill your home buying needs. To help you understand why you should not just settle for any Colorado realtor and why you need a pro focused on the Lone Tree area, check out our list below.
You don't know everything and that's ok! Hiring a Top Realtor in Lone Tree, CO will allow you to focus less on what you don't know and more on finding the home of your dreams. At Lori Corken & Company, we focus on exceeding the expectations of our clients. We bring our expertise of the local luxury market and combine that with what is important to you for a winning formula for success, as a matter of fact Lori has lived in Lone Tree for over 10 years and understands the community and all of its amenities. Our list of experts includes everything from handymen, inspectors, decorators and even rental assistance will cover all of your buying needs.
You deserve a dedicated realtor. Home buying in today's market can be extremely aggressive. You need to know that you have a dedicated realtor who will close the deal. As your real estate partner, we are committed to working as hard as it takes so that you buy the home you always wanted.
Time is money. Life doesn't stop just because you are buying a new home. With personal and professional responsibilities, having a realtor that values your time should be non-negotiable. At Lori Corken & Company, your new home purchase is our top priority. Satisfaction guaranteed.
Now that you've taken these home buying essentials into consideration, it's time to stop dreaming about your dream house and start moving in. Partner with Lori Corken & Company when buying your next home.
We invite you to learn more about the dedication and innovation we provide our clients.
Please let us know if you have questions for
assistance on your next home purchase contact us direct. It would be our pleasure to serve you