Real Estate
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...
Real Estate Investing in 2019
As we begin a new year, you may be considering your financial goals and priorities. Perhaps you are considering investments and making plans. Is real estate investing on your agenda? There are several positive reasons to consider adding a real estate investment to your portfolio. We’ll take a high-level approach to some of the benefits. Intrinsic Value: Real estate is a “real” asset. You can see, feel, and touch it. Whereas some...
HomesFund Record-Breaking Year
2018 was a record-breaking year for HomesFund, providing: 47 Mortgage Assistance Loans to 38 households containing 112 people $917,467 in Mortgage Assistance Loans for low- and moderate-income families Homebuyer Education to more than 275 people Homebuyer Counseling to more than 100 households Visit www.jimwotkyns.com and click “Homebuyer Education Class” at the bottom of my homepage to view the class schedule. I currently serve on...
Traveling This Holiday? Remember These Home Safety Tips
This time of year, many will be traveling to spend Christmas and New Years with family or friends. While Durango is one of the safest places to live, it’s still prudent to exercise caution when you leave your home over the holidays. Here are a few tips: Don’t let packages, newspapers or mail pile up. If you expect deliveries (as many Americans utilize Amazon, Target, and other online retailers for shopping), be sure to ask a neighbor...
Winter Heating Safety Tips from DFRA
Do you use wood-burning stoves or fireplaces to warm your home in winter? While they may be convenient and inexpensive, wood-burning appliances can be dangerous. Here are a few safety tips for winter heating.
Durango to Chicago O’Hare air service on American Airlines seasonally in 2019
American Airlines Announces Seasonal Chicago Service for 2019 The Durango-La Plata County Airport (DRO) is pleased to announce that American Airlines will add seasonal nonstop service between Chicago O’Hare International Airport (ORD) and Durango in 2019. One round trip flight will operate each Saturday beginning June 8th through August 17th, on a 70 seat Bombardier CRJ-700 aircraft.Tickets for the new route can be purchased at...
November Colorado Association of Realtors Numbers
This week, we have the latest real estate numbers for La Plata County for the month of November. 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...
The Wells Group Holiday Block Party
The Wells Group recently moved office locations, and we are now located at 1130 Main Avenue, just up the street from our previous office. This is an exciting move for our company, as it is a larger space, we now own the building, and we love the look of the office! This Friday evening, December 14, we are hosting a block party, in conjunction with the Bank of Colorado. It will go from 5-9 between 11th and 12th street. If you bring an...
Featured Real Estate
Jim Wotkyns – Real Estate Blog
- D&SNG Railroad is rolling from Durango to Silverton! May 10, 2019
- Durango area GOLF COURSES tee up for the summer May 7, 2019
- Newer homes and furniture burn faster April 29, 2019
- Durango is positioned for a great summer tourist season! April 24, 2019
- Consider a 1031 Exchange to invest in real estate April 22, 2019