For years I have been bringing my clients a clear understanding of the Denver real estate market in many ways. While the Realist Property Report and Comparative Market Analysis are […]
For years I have been bringing my clients a clear understanding of the Denver real estate market in many ways. While the Realist Property Report and Comparative Market Analysis are more precise tools for tracking specific Denver home values, one of the easiest overviews is here in the Denver Homes Value map. Exclusive to Your Castle Real Estate agents, this color-coded map gives you concise information about Denver home values neighborhood by neighborhood, with a year-to-year comparison. I remember when this map was more pink and red than green, do you? How does your neighborhood look today on the
I can answer that, but my question for you is does the rise in Denver home values make you more you ready to make a move? We are now very close to being in a balanced market, meaning it favors neither buyer or seller. So many sellers have held on to their homes, waiting until Denver home values rose again and they have. Smart cookies.
Take a look at the map and you will get an idea of how your neighborhood is performing. If you’ve had a recent appraisal or I’ve done a CMA for you within the past year the math is easy. And though Zillow can give you a “Zestimate”, as a Realtor specializing in Denver home values, I am more than willing to give you a “Zactimate”. Many of you purchased rental property during the market downturn, do you know how much equity you hold today? Have you outgrown your current home or has it outgrown you? It may be the perfect time to move up or downsize. The current inventory of homes for sale is still quite low and there are buyers ready and able to move in before the holidays. If you are considering a home purchase or sale and you’d like to know more about Denver home values in your area or the value of your own home, give me a shout. If you don’t see your part of town on this map, call or email me and I’ll create a custom map of your area for you. It just might be time to make your move.