Western Slope Home Just Listed by Kim Taylor

Perhaps you remember Kim Taylor. She was our office manager and licensed broker associate before moving to the delightful Western Slope community of Cedaredge two years ago. Now she has a listing in that town which we’re happy to feature here. I haven’t seen it myself, but here’s how Kim describes it.  This charming 3-bedroom/2-bath home with oversized garage offers one-level living in a quiet neighborhood just 1.5 miles from Cedaredge’s main street with its shops, grocery store, restaurants and the new Grand Mesa Arts & Events Center.  Just a 15-minute drive north takes you to the top of the Grand Mesa with over 300 lakes, miles of trails for hiking, skiing, snowshoeing, snowmobiling and spectacular views of the mountains and valley! Just a 15-minute drive south takes you to the Gunnison River with its world class fishing, canoeing, and rafting and the modern Delta Rec Center for staying in shape “off season.”  The house sits on its lot in a way that maximizes the tranquil setting! Sit on the front porch and enjoy the views of the San Juan mountains with the wildlife running through the open pasture in front of you, then relax in the hot tub on the secluded back patio and view the abundant stars at night! You will love the open floor plan designed for entertaining. Learn more by visiting www.CedaredgeHome.info or come by the open house Saturday, April 6, 1-4 pm — or call Kim at 303-304-6678.

You Can ‘Sell High/Buy Low’ and Stay in Colorado

We Coloradans love where we live, and few of us would ever leave it for another place. Our climate appears to be responding less quickly than elsewhere to global climate change, which is, like it or not, yet another reason people are drawn here from other states.  This steady influx of new residents inevitably has the effect of raising local real estate prices.

But there are other beautiful places in Colorado which remain affordable and which are drawing metro area residents. Last fall, a client sold their Arvada home for $385,000 and bought a bigger home on two acres in Cedaredge for only $230,500. A colleague of mine bought a 6-acre parcel with a home and two outbuildings in that same town for $270,000.  If you don’t have to be in the metro area and like living in a quiet (and beautiful) rural community on the western slope, Cedaredge sounds like a great alternative.

I have a client who sold their Lakewood home for almost $600,000 and are currently renting. They’re looking at lower-priced homes around the state and are ready to pounce when the right one pops up. Now that our MLS (REcolorado) serves much of Colorado (including Cedaredge), I set up a search for this client based on price per square foot under $200, and they are considering quite a few properties outside our metro area.

As more and more out-of-staters find the Denver metro area to be a desirable (and more climate-friendly) alternative to their current home, more and more current residents are looking to leave for greener and more affordable locales. This is a trend that is likely to increase over the coming months and years.

For years I have explained to metro area homeowners that they shouldn’t be afraid of high prices if they are buying and selling in the same market. If prices are high, they’ll probably sell high and buy high. If they’re low, they’ll sell low and buy low. (That was my experience in 2012 when I sold a home for less than I had paid for it but also bought my current home for a fraction of what it is worth now). Ideally of course, you’d like to sell in a high market and buy in a low one, something that is certainly possible for those who are willing to relocate. It’s nice to know you can find that lower market within Colorado.