How to Choose a Home
Here are some tips to help determine which house is best for you.
Once you've settled on a couple of preferred neighborhoods for your
home search, it's time to pick out a few homes to view. Having a house
features “wish list” keeps you focused on which features are most
important to you.
When narrowing down your home search, consider the following:
know what types of home you want to buy
determine what age and condition of the house you want to buy
consider resale potential
use a features wish list to keep focused
use a home search comparison chart to keep organized
act decisively when you find the right home
Determine What Type of Home You Want to Buy
There are several forms of home ownership: single-family homes,
multiple-family homes, condominiums and co-ops.
Single-family homes:
One home per lot.
Multiple-family homes:
Some buyers, particularly first-timers, start with
multiple-family dwellings, so they'll have rental income to help with their
costs. Many mortgage plans, including VA and FHA loans, can be used
for buildings with up to four units, if the buyer intends to occupy one of
them.
Condominiums:
With a condo, you own "from the plaster in." You also
own a certain percentage of the "common elements" - staircases,
sidewalks, roofs, etc. Monthly charges pay your share of taxes and
insurance on those elements, as well as repairs and maintenance. A
homeowner’s association administers the development.
Co-ops:
In some cities, cooperative apartments are common. With co-
ops, you purchase shares in a corporation that owns the whole building,
and you receive a lease to your own unit. A board of directors, comprised
of owners and elected by owners, supervises the building management.
Monthly charges include your share of an overall mortgage on the
building.
Decide What Age and Condition of Home You Want to
Purchase
Weigh your needs, budget and personal tastes in deciding whether you
want to buy a newly constructed home, an older home or a "fixer-upper"
that requires some work.
Consider Resale Potential
Consider Resale Potential
As you look at homes, you may want to keep in mind these resale
considerations.
One-bedroom condos are more difficult to resell than two-bedroom
condos.
Two-bedroom/one-bath single houses generally have less appeal
than houses with three or more bedrooms, and therefore have less
appreciation potential.
Homes with "curb appeal," i.e., well-maintained, attractive and with
a charming appearance from the street, are the easiest to resell.
The most expensive houses on the street, or ones with anything
unusual or unique are not suited for resale. The best investment
potential is traditionally found in a less expensive, more moderately
sized home.
Use a Features Wish List to Keep Your Search Focused
Make a features wish list to clarify which features are most and least
important to you when looking for a home. Using this features wish list
will keep your house hunt focused and effective.
Use a Home Comparison Chart to Keep Your Observations
Organized
while house hunting, it's a good idea to make notes about what you see
because viewing several houses at a time can be confusing. Use a home
comparison chart to help you keep track of your search, organize your
thoughts and record your impressions.
Act Decisively When You Find the Right Home
Before you begin the home buying process, resolve to act promptly when
you do find the right house. Every REALTOR® has stories to tell about a
couple who looked far and wide for their dream home, finally found it,
and then said, "We always promised my Dad we'd sleep on it, so we'll
make an offer tomorrow." Many times the story had a sad ending -
someone else came in that evening with an offer that was accepted.
Resolve that you will act decisively when you find the house that’s clearly
right for you. This is particularly important after a long search or if the
house is newly listed and/or underpriced.
Buyer's Toolkit - Denver Real Estate and Denver Homes
Welcome to our Denver Division Buyer's Toolkit. We specialize in Denver Real Estate and Denver Homes.
Our tools allow you to review any real estate for sale in Colorado that is listed in the MLS/IDX. Please review or download our Buyer's Toolkit. We have over
70 Free Reports available for review or to download. Seller's Toolkit - Denver Real Estate and Denver Homes
Welcome to our Denver Division Seller's Toolkit. We specialize in Denver Real Estate and Denver Homes.
Our tools allow you to review any real estate for sale in Colorado that is listed in the MLS/IDX. Please review or download our Seller's Toolkit. We have over
70 Free Reports available for review or to download.
Neighborhood Information for Denver Real Estate and Denver Homes
Denver's vibrant metropolitan area full of cultural wonder and entertainment, as well as great
outdoor activities and recreation. Denver also has 300 plus days of sunshine we get each year, it's
no surprise at all, Denver Real Estate is something that everybody wants to own.
Well-Known across the world as the "Mile High City," Denver has been consistently rated as one of the
top places to live and work in the country. Originally built around the convergence of the Platte River
and the Cherry Creek River, Denver's outstanding lifestyle and great climate mixed with a wide array of
growing employment opportunities, have begun to characterize our city in the sky. Nothing beats our
spectacular Rocky Mountain views combined with the typical 150-mile visibility days. Home Owners in the
Denver Real Estate market feel fortunate to live in the beautiful "Mile High City".
Boasting more public parks than any other city its size in the nation, easy travel times to many great
attractions and an endless list of activities available, Denver has been attracting outdoor enthusiasts as
well as large corporations for decades. Six popular professional sports teams make the "Mile High City" home as
well as an award-winning Performing Arts Center complete with a theater and a symphony orchestra. Outdoor
recreational opportunities include world-renown skiing, mountain biking, hiking, fly-fishing, kayaking and
white water rafting, to name just a few. Denver also offers a diverse live music scene with multiple
entertainment venues from the Historic Red Rocks Amphitheater to the classic Fillmore Auditorium on Colfax Street.
The diversity of real estate options and locations in Metro Denver makes finding the right place to call home
easy as well. From the center of the city throughout each of the suburbs, Denver housing features include single
family and luxury homes to upscale lofts and condominiums.
Please allow me to assist you in your future real estate matters. I have up-to-date information available
on all of the Metro Denver Real Estate areas including Highlands Ranch, Cherry Creek, Lone Tree, Ridge Gate,
Centennial, Castle Rock, Castle Pines as well as the classic, more established areas of Denver including Cherry
Hills Village, Greenwood Village, Englewood, Littleton, Ken Caryl, Aurora, Parker ...and all other areas. Be sure
to check out the Interactive Subdivision Map too.
Corporate Office, Denver Colorado - 303 S. Broadway, Suite 200-278, Denver, CO 80209 sales@denverhomeliving.com (303) 816-9199 - Fax:(303) 845-9938, USA
Homes and Lifestyles Realty Office - P.O. Box 5136 Woodland Park, CO 80866 sales@pikespeakhomeliving.com (719) 216-2006 - Fax:(719) 213-2668, USA
Selling Report
