We Welcome Broker Associate Kathy Jonke to the Golden Real Estate Team

Kathy, who lives in downtown Golden, joined our brokerage this week. We’re no longer an all-male brokerage!

She was born and raised in Wheat Ridge. With her degree in Geology and Earth Sciences from the University of Colorado at Boulder and her career with the U.S. Forest Service in geophysics, she relocated often, which gave her the opportunity to renovate houses and historic commercial buildings, and also to design and build new homes. Her passion for real estate led Kathy to become a real estate broker, and she loves helping people navigate the buying and selling process in the local Golden market.

Kathy settled in Golden five years ago and had a home built in the 9th Street historic district. She is active in the community, where she volunteers with her friend Judy Denison (who I featured recently) at the International Rescue Committee. She also serves on the City of Golden’s Historic Preservation Board. 

Welcome aboard, Kathy! We’re excited to have you on our team!

New 3-BR Home Near Downtown Golden Just Listed by David Dlugasch

 This home at 1004 4th Street is truly one-of-a-kind. There are magnificent views of North and South Table Mountain from the floor-to-ceiling windows on the main level. It was just listed for $1,995,000. You are within walking distance to downtown Golden with its famous shops and restaurants. This is a 4-BR, 4-bath home on a corner lot. The wide-open main level floor plan is great for entertaining, or just appreciating the fabulous views and staying cozy near the gas fireplace. The state-of-the-art kitchen is a chef’s delight. It has a 6-burner stove with an additional griddle and double oven. The refrigerator is oversized, and there is a walk-in pantry. The primary suite has a spa-like feel with a walk-in steam shower with 3 shower heads. There are 2 sinks with quartz counter, a soaking tub an extra-large walk-in closet. The upper level has two bedrooms, and a tiled 3/4 bath. Outside the bedrooms, there is a wide-open bonus area with desks, bookshelves and fantastic views. Above the 2nd floor a rooftop office/reading room that opens to a private roof-top deck. The lower level could be used as a mother-in-law living space with its extra-large bedroom with a walk-in closet, large living area with a wet bar, and its own private patio. Included is a one-year builder warranty. Take the narrated video tour and find more details and still photos at www.NorthGoldenHome.com, then come to David Dlugasch’s open house this Saturday, June 17th, 11 am to 2 pm. Or call him at 303-908-4835 to set a private showing.

Survey of 2,500 UK Households With Heat Pump Heating Systems Showed 81% Satisfaction Level

Because of their higher fossil fuel costs, other countries are far ahead of the United States in the adoption of home electrification, including for heating. The United Kingdom is one of them, and The Guardian recently reported on a survey of 2,500 UK households that made that switch. I’m not aware of a similar survey here, where there may not be enough heat pump households to do a proper survey.

HVAC contractors here in America have been slow to offer or recommend the replacement of gas forced air and gas boiler heating systems with heat pumps, mostly because they are unfamiliar with them. When a homeowner needs to replace their current HVAC system, the vendor who has been servicing their system is most likely to recommend replacing it with a “newer, more efficient” model. So far, I have found only one company which installs and services both traditional gas-fueled heating systems and electric heat pump systems — always recommending the latter. That company, which I have mentioned previously, is Sensible Heating & Cooling, 720-876-7166.

Below are some key excerpts from The Guardian’s article. Click here for the full article.

The survey of more than 2,500 domestic heat pump owners and more than 1,000 domestic gas boiler owners in England, Scotland and Wales over the last winter is thought to be the largest investigation into how households have responded to date….

Households have been slow to take up government vouchers worth £5,000 to help cover the cost of replacing a gas boiler with a new heat pump. Slightly more than a third of the scheme’s grants were taken up in the last financial year.

However, the survey, which was undertaken by Eunomia Research and Consulting, found that 81% of households were     as satisfied or more satisfied with heat pumps compared with previous heating systems, including gas boilers, electric heating, or oil and LPG boilers….

On running costs, which is another key area of concern for households considering a heat pump, the survey found that two-thirds of heat pump owners and 59% of gas boiler owners were satisfied even without extensive energy efficiency upgrades….

“The government should now have the confidence to move forward quickly with its proposal   to.… streamline out-of-date planning rules to make it easier and cheaper for everyone to make the switch to cleaner, safer and more efficient heating with a heat pump,” [said Clem Cowton, director of external affairs for Octopus Energy, a local energy supplier.]

Are You Interested in or Curious About Cohousing?

Cohousing is an intentional, collaborative neighborhood that combines private homes with shared indoor and outdoor spaces designed to support an active and interdependent community life.

Here in Jefferson County and Denver, we have several successful cohousing communities, including Harmony Village, a 27-unit townhome community in Golden, and Hearthstone Cohousing, a 33-unit townhome community built on the former Elitch Gardens site in northwest Denver. Both communities have common houses for group meals and other community activities. The common houses also have guest apartments that members can rent for visiting guests.

Cohousing communities like these are self-managed. Members pitch in to help with community chores. Typically, everyone knows each other by name. It’s all about being in community.

That doesn’t interest most people, but if it interests you, you can join Women in Sustainability and CohoUS on June 14th, 5 to 8 pm at Hearthstone Cohousing’s common house, 4700 W. 37th Ave., Denver, for a discussion and networking event. Attendees can take a tour of the complex starting at 5pm. At 6:30pm, there will be a short talk from CohoUS executive director Trish Becker-Hafnor, followed by a discussion of what it means to live in a cohousing community, myths about cohousing, and how cohousing benefits the environment.

I wrote about cohousing in my Dec. 29 column, which you can read at www.JimSmithColumns.com.

Trish Becker-Hafnor gave a TEDx Cherry Creek talk about co-housing. Here’s the link: https://www.ted.com/talks/trish_becker_hafnor_cohousing_the_future_of_community_and_human_connection/

Littleton Ranch With Hi-Tech Features Just Listed by Chuck Brown

Remodeled in 2016 and again in 2020, this home at 3 Meadowbrook Road is located on a 0.61-acre lot in the quiet Ridge View neighborhood at the end of a cul-de-sac and just steps from Lee Gulch Trail with access to the High Line Canal trail. Chuck Brown just listed it for $1,589,000.  This expansive light-filled home has five bedrooms and four baths, an open floor plan and a chef’s kitchen. The stainless steel 6-burner Thermador range with double oven and the Thermador refrigerator complement the dramatic 12’x4’ island, making food prep and hosting a breeze. The tranquil primary suite features an extraordinary newly remodeled bathroom which includes radiant floor heating, marble vanities and floors, custom wood cabinetry, and many other features too numerous to mention. Additional amenities include a professional grade wired and wireless internet, Sonos system throughout, and home theater. The backyard features expansive park-like grounds with a covered patio perfect for entertaining. The newly remodeled garage accommodates two cars, and has a lighted workbench, cabinets, wall storage, EV charger, epoxy flooring and ceiling-mounted storage racks. View the narrated video tour below, then visit www.LittletonHome.info, where there are lots of magazine-quality photos and a second video tour of the home technology features of this home. Then come to the open house on Saturday, June 10th, from 11am to 2pm.

Innovative Startup to Make ‘Carbon Negative’ Building Materials From Grass

One of the most common lumber products used by home builders is OSB, which stands for Oriented Strand Board. It is not to be confused with particle board, which is basically sawdust and resin. With its limited structural strength, particle board is used primarily in furniture, cabinetry and countertops, typically under Formica.

OSB is a structural replacement for plywood, and is used extensively by builders for roof, wall and floor sheathing. It is also used in manufactured floor joists and is the skin material for structural insulated panels (SIPs).

Www.Naturallywood.com explains that OSB “is made from wood strands 8 to 15 centimeters long. It uses the whole tree and makes use of crooked, knotty and deformed trees that would otherwise go unused.” Although that’s an economical use of waste timber, OSB is not as sustainable as the product invented by Plantd, an Oxford, NC, startup which won the “Most Innovative Startup” award from the National Association of Home Builders at this year’s International Builders Show (IBS) in Las Vegas.

What the company invented was an OSB substitute made from a proprietary grass that grows to 20 feet tall in a single season, drawing CO2 out of the atmosphere far quicker than trees do. The company claims that 14,000 acres of grass plantations can produce as much material as 400,000 acres of managed timber lands. These qualities make Plantd’s grass a superior crop for addressing climate change, which was the original objective of the company’s founders. “At Plantd,” says the company’s press release, “we are leading a shift to materials made from renewable grass and building the factory of the future to ensure atmospheric carbon captured in the field is locked away inside the walls and floors of new homes.” Here’s a great 10-minute video: https://youtu.be/tzuuEFemVDY

With $10 million in venture capital, the company will manufacture its “carbon negative building materials” in a former cigarette factory. Moreover, the farmers who previously grew tobacco will now be growing the grass needed by the factory, helping the local economy recover from the closing of the cigarette factory.

The company has been getting lots of national press, which you can read at www.PlantdMaterials.com.

Plantd is now constructing the first of its automated, modular, all-electric production lines at its new facility, with a target to open within the next 12 months, according to the May 3rd press release.

Here’s an excerpt from the website’s home page: “Throughout history, civilizations have advanced at the speed of material innovation. Timber, steel, and concrete enabled remarkable progress, but today they are the problem, not the solution. Continuing to build with these materials accelerates climate change and promises to impede progress by threatening our future on this planet. We see a world built from grass. A world where buildings no longer cause climate change but are central to the solution. Where they are stronger, more durable, and more affordable.”

Plantd’s founders, left to right: Josh Dorfman, CEO; Nathan Silvernail, COO; and Huade Tan, CTO. The latter two were formerly engineers at SpaceX.

The website claims that their product will be stronger, lighter, more moisture resistant, carbon negative, and will cost the same as regular OSB.

Plantd’s panels have just two ingredients: the perennial grass plus a small amount of resin (with the formaldehyde reacted out before reaches Plantd’s factory). This creates a low-VOC product with fewer chemical additives compared to other products, according to Plantd.

What Listing Agents Don’t Understand About Legal Descriptions

Every piece of real estate has both a mailing address and a legal description. The latter needs to be cited in MLS listings and on the deeds recorded with each County Clerk & Recorder.

Most listing agents copy the full legal description which they find on Realist, the property records section of the MLS. However, in the case of property located in a subdivision, that information contains way more than the legal description. Here is an example of a Golden home’s legal description as shown on Realist:

SECTION 28 TOWNSHIP 03 RANGE 70 QTR SW SUBDIVISION CD 108795 SUBDIVISION NAME CANYON POINT VILLAS FLG NO 2 BLOCK LOT 0001 SIZE: 1379 TRACT VALUE: .032

Because this property is in a subdivision which is itself recorded with the County, the true legal description is simply the name of the subdivision plus the block and lot number. In the above example, there is no block number, so the legal description is simply the following:

CANYON POINT VILLAS FLG NO 2, LOT 1.  That’s all that would appear on the deed recorded by the Jefferson County Clerk & Recorder.

Governor Polis Signs into Law Massive Tax Credits for EVs and Home Electrification

A package of new climate-related legislation signed this year by Governor Polis is designed to make it more attractive for Colorado households to ditch fossil fuels.

Many of the discounts are designed to be combined with other incentives, but not all the savings will be available right away.

Here’s a guide to what’s coming and when:

Electric Vehicles: Right now, Colorado has 80,000 registered plug-in hybrids and battery EVs, a long way from the state’s goal of 940,000 EVs on the road by 2030. The new incentives are intended to speed up their adoption through a $5,000 tax credit on the purchase of a battery-electric or plug-in hybrid vehicle with a suggested purchase price of less than $80,000. For cars priced under $35,000, buyers can get an additional $2,500 credit. Any Colorado resident qualifies, beginning on July 1, 2023. After Jan. 1, 2025, the base rebate decreases until it’s phased out in 2029. 

E-bikes: Denver proved the power of e-bike rebates last year. The state is now hoping for similar success. The Colorado Energy Office plans to launch an e-bike rebate program for low- to moderate-income residents this summer but hasn’t detailed the size of the discounts. 

The plan for all Coloradans regardless of income is clearer. Under legislation signed into law this year, the state will offer a $450 discount on e-bikes starting on April 1, 2024 and continuing through 2032. The discount will be applied at the point of sale. 

Electric lawn equipment: Because gas-powered lawnmowers and other lawn equipment is a major source of ozone pollution, the state will institute a 30 percent discount on electric lawnmowers, leaf blowers, trimmers and snowblowers, applied at time of purchase, starting Jan. 1, 2024 and continuing through December 2026.

Heat pumps: Heat pumps for household space heating and water heating, powered by electricity, are seen as key to reducing pollution from natural gas. Colorado currently has a rebate worth 10 percent of the cost of installing heat pump equipment. It was scheduled to expire at the end of this year, but recent legislation extended it through 2024. The same bill also includes new incentives depending on the technology. 

For air-source heat pumps, a resident is eligible for a one-time $1,500 tax credit from 2024 through 2026. After that, it drops to $1,000 until 2029, then to $500 through the end of 2032. 

For ground-source heat pumps, residents are eligible for a $3,000 tax credit from 2024 until 2026. After that, it drops to $2,000 until 2029, then again to $1,000 through the end of 2032. 

For heat pump water heaters, residents can apply for a $500 tax credit from 2024 until 2026. After that, it drops $250 until 2032. 

You can expect vendors of such equipment to be well versed on all these discounts and rebates.

Nine Signs Your Home May Have a Water Issue

Water damage can lead to serious structural issues and health concerns if not addressed promptly. Here are nine signs that could indicate you have a water problem.

Unexpected Increases in Water Bills: If you notice a sudden spike in your water bill without a corresponding increase in usage, it could signify a hidden leak or other water-related problem in your home.

Wet Spots on Floors, Walls, or Ceilings: Look for persistent damp spots on your floors, walls, or ceilings. This could be an indication of a hidden water leak or poor drainage.

Sudden Appearance of Mold or Mildew: Excessive moisture in your home can lead to mold or mildew growth. Not only does this signify a severe water issue, but it can also negatively impact your health, causing allergies and respiratory problems. Keep in mind that mold requires a steady source of water for it to grow.

Sagging in Walls or Ceilings: Water accumulation can lead to structural damage over time. If your walls or ceilings start sagging or warping, it’s a clear sign of prolonged water exposure.

Persistent Musty Smell: A recurring, unpleasant odor in your home may indicate the presence of hidden mold or mildew, suggesting a water issue. If the musty smell persists despite cleaning, investigate further.

Cracking or Buckling in Floors: Water damage can cause wooden floors to buckle or tiles to crack. If you notice these changes and can’t attribute them to normal wear and tear, it might signal a water problem.

Stained or Discolored Areas: Unusual stains or discolorations on your home’s surfaces can indicate water damage, especially if they are yellow or brown. This could be due to roof or plumbing leaks.

Changes in Lawn or Garden: A leaking water line can lead to unusual changes in your yard. Look for patches of particularly lush vegetation or sinking areas in your yard due to the excess water.

Decreased Water Pressure: A drop in water pressure could indicate a significant leak in your home’s plumbing system.

Water issues in your home should never be ignored. If you notice any of these signs, addressing them immediately is essential to prevent further damage. Remember, the quicker you act, the better.

—Courtesy PunchListUSA.com

Build Your Dream Home Creekside in Cedaredge CO

Our good friend and former broker associate Kim Taylor, who now lives in Cedaredge on the Western Slope, has listed these parcels in the Will-o-Way subdivision along Surface Creek. All four lots have infrastructure in place and range in size from 0.438 to 0.716 acres. Lots 1-3 have between 118’ and 200’ of creek frontage (but are not in a flood zone). The subdivision is within Cedaredge town limits, adjacent to a golf course and a walking path into town, and are near the scenic byway over the Grand Mesa. Envision your energy efficient home on any one of these lots. Conceptual architectural drawings are available. Lots priced individually from $80,000 to $112,000. For more info, call 303-304-6678, or visit www.WOWsubdivision.com.