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The Market Insider - Everything I would share over a beer, without the extra calories
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Top stories this month:
1) Northern Colorado Regional Airport adds flight service.
Avelo Airlines announced that they are adding commercial flights to Las Vegas, twice per week, commencing December 15th. What will be next? My prediction: Flights to Phoenix / Scottsdale.
2) Mobile Home Park Approved
The Fort Collins Planning & Zoning Commission approved a 201-unit manufactured home community in south Fort Collins, near Trilby and College Ave.
The plan will feature a clubhouse with a pool, pocket parks and a small convenience store. Home prices are expected to be approximately $200,000 with 15% of the homes deeded as affordable housing.
3. Final Water Valley tract in Windsor slated for Luxury Homes
Prices will start in the high $700,000's. Eleven floorplans, including ranch and two-story plans, will be available ranging in size from 2,199 to 3,746 sf.
Many of these homes will be lake front with easy access to Water Valley's amenities including private beaches, clubhouse, tennis courts, and 27 holes of golf.
Fort Collins Market Statistics
October 1st - November 1st detached single family home stats:
- Average sale price / SF has remained nearly flat
- Inventory has remained nearly flat
- Fewer new listings
- More details and November predictions in video below!
Prediction: Higher Prices
Watch video above for Top 3 Reasons the housing market will continue to appreciate in Northern Colorado.
Coming Soon!
Want to buy an investment condo one block from CSU?
• Big Horn Condos, 1221 University: Portfolio investment opportunity. 7 condos available in the $250,000 - $260,000 range. Can be purchased all together or separately.
• All units leased to well-qualified tenants at $1,200+ / month
• All have 2 beds, 2 baths, 870 SF, gas fireplaces, and storage closets
• 2nd and 3rd floor units have decks, main floor units have patios
• Building constructed in 2000 with central air, gas forced-air heat, and on-site bike parking
• Ample off-street parking available
Contact Greg to receive more details. Groeder@waypointRE.com
Hidden Gem Neighborhoods
I get asked this question a lot: Where do you see value in the current market? Saddleback and Solar Ridge are near the top of my list.
- Large Lots, Mature Landscaping
- Mountain Views, Open Space
- Proximity to Old Town and nature trails
- Open floor plans ready for remodel
November is Movember!
Join the men of Waypoint this Movember to raise awareness for men's health, including suicide prevention and premature deaths from prostate and testicular cancer. Interested in learning more about Movember? Please click the photo below for more information!
Greg Roeder
Owner
Waypoint Real Estate, LLC
Madalyn Winner
Broker
Waypoint Real Estate, LLC
125 South Howes St, Suite 500, Fort Collins, CO 80521
