If you want to live in a home with the Rocky Mountains in the background, Westminster, Colorado is the perfect city. For those relocating to the area, Westminster is a popular northwest suburb of Denver that boats many recreational opportunities including trails and golf courses. Living in Westminster, CO can elevate your lifestyle, but the key to avoiding home buyer’s regret is finding the right home that appreciates in value. According to an article by Money Under 30, there are savvy house hunting secrets you can follow to find your forever home in Colorado. Working with a reputable Realtor saves you time and money since they can often find value in the market. It’s a good time to hunt for homes in the Denver-area because of the rapid appreciation or increase in home values.
Choosing an established neighborhood
Some people take a risk by buying into a transitional neighborhood. While buying in an up-and-coming neighborhood can pay off if investors put money into older homes and build new shopping areas, it doesn’t always turn out as homeowners expect. A good Realtor who knows the neighborhoods in Westminster, Colorado, can help you find an established neighborhood.
Finding a home that needs TLC
If you aren’t a professional contractor with carpentry skills, you should avoid anything other than a mild “fixer.” A mild fixer is a home that just needs some fresh paint and new flooring. According to Money Under 30, there’s not a lot of room for appreciation if you pay top dollar for a home that’s completely renovated.
Understanding the upkeep costs
If you choose a home that has a swimming pool, you should plan to pay more in terms of utility costs. Living on a golf course can also be a dream, but make sure to budget for any membership costs as well as higher property insurance for protecting your windows from stray golf balls. Custom features also cost more, but are a value if you would choose certain upgrades in your home anyway.
Other house hunting tips include ignoring problems that are easily remedied such as unkempt lawns or a lack of landscaping. In some ways, it’s good if the seller neglected the curb appeal because you don’t have to spend a lot of money to freshen up the entryway and home.
At Peter Hauben Real Estate, we can help you hunt for homes and outline all the benefits of living in Westminster, CO, as well as other popular suburbs of Denver.