SW Colorado Real Estate News
Spring Selling Season Is Here! Are You Ready?
We’re officially approaching the spring selling season, which is historically one of the peak times for real estate activity for the year. We did a recent blog post about tips to get a jumpstart on putting your house on the market (see it here: https://thedurangoteam.com/spring-selling-tips-get-a-jumpstart-now/), but now it’s time to get the rest of the house ready. Spring snow starts melting fast, and we will see an uptick in...
How To Make Your Durango Rental Beat The Competition
How To Make You Durango Rental Beat The Competition Durango properties are hotting up, with 194 new apartments ready for their grand opening in Escalante Drive. For landlords, this is the prime opportunity to get their investments off the ground and lure in the ideal tenants. With so many rental options, however, competition is tight,and landlords will need to ensure they have all the boxes ticked plus a little extra to ensure they...
Highlights from the 2019 Wells Group Forecast
Last week was our annual Wells Group Forecast, and in case you missed it, we wanted to share a few of the highlights. First, below are some of the predictions heading into the 2019 La Plata County real estate year. We predict it will be a similar real estate market in 2019 that we saw in 2018. Interest rates may affect affordability for some buyers, and as we’ve mentioned in the last few weeks, the year has had a slower start due to a...
County Emergency Officials Plan for Spring Floods
Find out what emergency agencies are doing to prepare for possible spring flooding from this year’s snowfall. Snowpack was about a 130% of average.
February La Plata County CAR Numbers
This week, we have the latest real estate numbers for La Plata County for the month of February. The attached charts show a detailed breakdown of several market segments in La Plata County, showing La Plata County as a whole, Durango In-Town, Durango Rural, Bayfield In-Town, Bayfield Rural, Ignacio In-Town, Ignacio Rural, and Durango Mountain Area. These charts indicate the statistics and key metrics for single family homes and...
La Plata County Residential Sales for February
This week we have the latest La Plata County residential real estate numbers for the month of February. There were 56 total sales, which is a lower amount than the last couple of February results for La Plata County; however, this number falls in line with several of the years prior. Year to date, there have been 120 total sales compared to 137 total sales at this time last year. The median sales price is $365,750, which is lower than...
Spring Driving Safety Tips in Durango
Spring Driving Safety Tips in Durango Spring in southwestern Colorado brings warmer temperatures, but also more precipitation and water as snow melts. Although winter is best known for its treacherous driving conditions with snow, ice, and slush on the road, maneuvering your car in spring can equally become demanding. There are many possible road challenges and conditions such as unexpected weather changes and increased traffic that...
Do You Need to Shovel Your Roof Before It Caves In?
As the snow piles up, so does the weight, and county emergency officials warn that it may be time to shovel the snow off your roof before it collapses.
New Home Build and Interior Design Features for 2019
It’s the time of the year we start seeing trends and predictions for both home design and interior design. Last week, the National Association of Home Builders revealed the top trends at the NAHB International Builders’ Show. This is fascinating news, as it shows us what to expect in new builds, and also reflects on the industry as a whole.So what are the top preference in new homes? Laundry rooms and energy-saving features and...
Pagosa Winter Wonderland – Vacation Rentals
IT’S A WINTER WONDERLAND IN FEBRUARY CALL TEAM PAGOSA TODAY (970) 731-8599 AND GET 15% OFF OF ANY BOOKING. WOLF CREEK SKI RESORT HAS AMAZING POWDER. COME PLAY IN THE SNOW AND COZY UP WITH HOT COCOA IN A BEAUTIFUL VACATION RENTAL. Post courtesy of Pagosa Springs Realty Blog. Read more here or search Pagosa real estate.
Durango Fire & Rescue needs your help with the snow…
Post courtesy of Jim Wotkyns Blog. Read more here or search Durango real estate.
The Wells Group Real Estate FORECAST – March 13th
Post courtesy of Jim Wotkyns Blog. Read more here or search Durango real estate.
Spring Selling Tips—Get a Jumpstart Now
With the amount of snow we’ve had recently, it’s hard to imagine spring selling season is right around the corner. However, as the winter turns to spring, we typically see a spike in La Plata County real estate. Many sellers choose spring as the ideal time to sell a house. If this is you, we have some suggestions to start preparing and readying your home for the season. A Fresh Coat of Paint: This step may seem laborious, but...
HOMEOWNERS INSURANCE – How rates are calculated
Many factors are considered in calculating the cost of home owner’s insurance, such as: Credit Scores – review your credit report annually, and clean-up as needed. Location – is your home, or the one you are considering purchasing, in-town or in a high fire risk area? Prior claims – either by the policy holder or the property can increase rates. Age and condition – if the home’s major systems or roof are 40+ years old, or if there is...
January La Plata County Real Estate Transactions
This week we have the La Plata County residential real estate transaction numbers for the month of January. With 64 total sales, it was slightly lower than the totals we saw for the last couple of Januaries; however, the differences are minor. January tends to be one of the slower months of the year, so it will take a handful of months before we see a trend to gauge the pacing of 2019 real estate. The median sales price is $370,500,...
Structure Snow Loads
Our REAL winter in Durango continues, although we have a little break between snow storms to let the sunshine melt the ice & snow, and provide us good weather for a week of SNOWDOWN winter festival activities. Snow loads continue to be of interest to many, so here is a quick update from www.durangogov.org. The minimum snow load in most areas of the City of Durango is 40 pounds. However, depending on the location of the structure,...
New 2019 OWTS Regulations
As of January 1, 2019, it is now mandatory that most on-site wastewater treatment systems are inspected prior to a sale. This applies to La Plata County, San Juan County, and Archuleta County. This is a rather large new development for real estate in our area, so we want to be sure to educate and inform our clients. According to San Juan Basin Public Health (SJBPH), “this requirement helps identify failing and hazardous systems and...
Rocky Mountain Commercial Brokers and Durango Commercial Numbers
Most of the communication we send to our clients revolves around La Plata County residential real estate. However, commercial real estate is a notable portion of La Plata County Real Estate. Max is involved with the Rocky Mountain Commercial Brokers—a group that meets quarterly to “collectively provide in-depth, local knowledge and experience to commercial real estate investors who are looking to buy or sell commercial properties in...
La Plata County December/Year-End Numbers
This week, we have the latest real estate numbers for La Plata County for the month of December, which also gives the year-end comparison to last year. The attached charts show a detailed breakdown of several market segments in La Plata County, showing La Plata County as a whole, Durango In-Town, Durango Rural, Bayfield In-Town, Bayfield Rural, Ignacio In-Town, Ignacio Rural, and Durango Mountain Area. These charts indicate the...
December/Year-End La Plata County Residential Sales Numbers
This week we have the December/year-end numbers for 2018. With 76 total sales for the month of December, it was a decent month, although slightly lower than several recent December transaction totals, and also lower than the total number of sales for December 2017. With 1,155 total sales for the year, it was a solid year, although still slightly behind the total for 2017. Still, this has been the second-highest total number of...