It really depends on "why" you want to remodel. Do you plan to stay in your home for the next 5-10 years, or are you remodeling to improve your home's value to sell within the next few years.
Budget is, of course, the first consideration but prices are all over the board depending on what you'd like to do. Cosmetic changes are inexpensive: New countertops, sinks, faucets, lighting, appliances, etc. You can renovate your kitchen for as little as $5,000 in that case.
Where the BIG money starts happening is when you start tearing down walls, relocating electrical, etc. In other words, major renovations. Whatever you do, interview at least 3-5 contractors before making a decision. I'm a Realtor who owns my own renovation company called "Affordable Home Renovations." We can do large and small kitchen and bath updates, but definitely are not focused on anything major.
My advice is go to Angie's List and join if you're not a member. It's super cheap (I think around $50 per year) and it is the best resource around for any home improvement jobs. It'll be the best money you'll spend :-)
If I can help further, don't hesitate to reach out. Best wishes and Happy Holidays!
Cherry Creek Properties, LLC and Affordable Home Renovations
Hi Stephanie -- there are quite a few, so it depends where you'd like to live. Builders have finally caught on that this is a product in huge demand, so I would just Google "adult communities in Denver." New construction is pretty pricey, so that's another consideration.
There's a community in S Aurora called Heritage Eagle Bend, which is really nice. Anthem Ranch up north is beautiful; there are a few resale communities like Riverwalk in Littleton (all condos) and another one in Highlans Ranch (can't remember name) at Quebec and C470.
These area are in big demand so prices will likely continue to rise in 2015. Hope that helps.
Best wishes, Julie Montgomery, Cherry Creek Properties.... more
Hi Ashlie -- the lowest score is 580, but many bank will not go lower than 600. FYI, the interest rate you'll be offered when approved will be higher than someone over 700, but the bottom line is you CAN buy a home.
Many local mortgage lenders will help repair your credit at no cost if you'll work with them when you're approved to buy.
Cherry Creek Properties, LLC
You are not licensed, therefore, you cannot accept a commission. Words of advice: buying and/or selling a home LOOKS easy. You have no idea how vulnerable you trying to find a home on your own. Additionally, Denver is a super, super strong seller's market, and it's difficult for experienced agents to win contract battles.
The biggest problem you'll have is, everywhere in town and in every price range, homes in good condition and priced appropriately are gone, in many cases, before they ever hit the Internet. Are you aware that you can hire a professional agent to represent your interests at no cost?
Trying to buy a home without professional help is exactly like going to court without a good attorney. You can do, but the results won't be favorable.
Good luck, Julie Montgomery, Cherry Creek Properties, www.jmontgomery.com... more
The first person you should talk to is your accountant then a local mortgage lender. Sounds like you'll be able to easily make your next purchase, but definitely don't put the "cart before the horse." There's too much money at stakes to take chances.
If you'd like the names of a few great local lenders, let me know.
Cherry Creek Properties, LLC
Aurora near the hospital is an outstanding place to invest. Real estate in that community is probably the least expensive in town. It is by no means "hip," but I think you'll see a huge ROI over the next 5-10 years if not sooner.
Buy a rental -- there are a ton of young residents who will pay top dollar to live close to work.
Cherry Creek Properties, Inc.
The first thing I would do is go to Angie's List (join in you're not a member -- super cheap) and search for general contractors. I love Angie's List because you'll get to see past reviews, examples of their work, etc. Interview and least 3-5 before making such a big decision.
Good luck! Julie Montgomery, Denver, CO. www.jmontgomery.com... more
There are many mortgage lenders who will help repair your credit at no cost, as long as you use them when you're ready to buy. I've seen people raise their credit scores by as much as 100 points in a month.
Let me know if you'd like me to email their contact information to you.
Cherry Creek Properties, Inc., Denver, CO
How can I report bogus listings?There are several listings where people are listing LARGE (5 bedroom 4 bath) empty homes for rent at WAY under market (i.e. $1,000 per month when similar homes go for well over $2,500 per
Denver Foreclosures are hard to find and when they do come on the market, they don't last long. With investors fighting over the few bank owned homes on the market, potential homebuyers have been struggling