Trulia Voices—Colorado Springs

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We are looking to buy a 2nd home in colorado Springs to live in and rent our current home until the market

improves. How much rent would be appropriate for a 1999 2 level with walk-out fenced back yard near Old Ranch Rd and HWY 83 ?
 
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Brian L. A. … was FIRST TO ANSWER
Probably $1400 to $1500. Most of the area near Old Ranch and Hwy 83 is pretty nice, especially if you are in Charter Green. It might go for as much as $1600. Some of the Ashton Woods townhomes by Pine Creek fetch that much.

Tue Jul 1 2008, 16:05
 
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I would estimate rent between $1000 and $1600 depending on condition of the home. I would be happy to drop by and give you a FREE anaylsis on the rental market in your area. You can contact me by phone or email.

Sun May 18 2008, 11:31
 
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FIRST ANSWER
Your Question is very difficult to answer with any accuracy without specifics like amenities, how many Bedrooms, Bathrooms, garage spaces and how much finished and total square feet the property has.

In the last 6 months there have been properties within 1.5 Square miles of HWY 83 and Old Farm that have rented for:
$950/ month for a 3 BR, 3BA, 2 Car, 1236 Square foot property
$1395/ Month for a 4 BR, 4BA, 2 Car, 2704 Square foot property
$1600/ Month for a 6 BR, 5 BA, 3 Car, 3160 Square Foot Property
$1600/ Month for a 4BR, 3BA, 2 Car, 4235 Square foot property

There is also a competing property the is currently available for lease at:
$1100/Month for a 4BR, 3BA, 2Car, 1557 Square foot property

What you can successfully rent for will depend on the kind of amenities the property has. compared to what has rented and what you are competing against.

Sat May 17 2008, 21:12
 
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