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Market Conditions in Aurora : Real Estate Advice

  • All248
  • Local Info25
  • Home Buying84
  • Home Selling16
  • Market Conditions6

Activity 19
Fri Jan 30, 2015
Nicole Montano answered:
It depends on the size of the home, the demand for rentals and the exact location in 80015. $1100 does not sound bad for rent right now in the Murphy Creek area. I have a property that is renting for $1600 in the Barnum neighborhood of Denver Metro and it is not nearly as nice as the properties out here. What is he trying to raise the rent to? ... more
0 votes 2 answers Share Flag
Fri May 23, 2014
Ryan Valdez asked:
This question was asked from http://www.trulia.com/rental-community/9000024156/Highline-Village-Apartment-Homes-490-S-Joplin-St-Aurora-CO-80017/?sem=1.2.12.1.7.1.0.87&gclid=CPH0sf_7wr4CFY0WMgodulMAxg
0 votes 0 Answers Share Flag
Tue May 13, 2014
Ray Stanley answered:
Hello Shanda, my name is Ray Stanley I'm with Keller Williams and I show properties in the Aurora area often. Please feel free to contact me if you would like me to find and show you some properties!
By the way you can search the Realtor MLS on my web site at raystanley.kwrealty.com
... more
0 votes 3 answers Share Flag
Wed Apr 30, 2014
Carlene Harris answered:
Hello,
While no community is completely crime free, Douglas County is ranked one of the lowest in crime rates. The lowest rate for crime in Douglas County is Roxborough, which is slightly South West of Highlands Ranch. With a budget of $200,000. it's going to be very hard to find a 3 bed, 2 bath home there. You would need to raise your budget slightly as home prices are on the rise throughout the Denver Metro area. ... more
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Wed Apr 16, 2014
jon.buckley answered:
I have two children in Elementary School as well. The system goes from 0 being the worst to 10 being the best. There are a number of factors that play into those ratings. A few big ones are Test scores from the previous years TCAP (Transitional Colorado Assessment Program) results from the state of Colorado. Those are defined as the Median Growth Percentiles in Math, English Language Arts, and Writing from the state's standardized, timed assessment tests. I believe it does have an impact in the reputation of the area you are looking into for your move. As a parent I say stay involved in your children's education as the school my kids attend is a 1 on that scale but I do not feel that my kids are being impacted by that rating. The majority of schools with these low rating in my opinion is lack of support from the parents. Schools are not public babysitting institutions. It takes both teachers and parents to educate our children and unfortunately when one of those factors is missing the test scores show that result. You can always use that as a factor to decide where to look for a home but I would take it with a grain of salt and always drive around the neighborhoods you plan to look. ... more
0 votes 13 answers Share Flag
Sat Sep 28, 2013
Jean Oxford answered:
I would have more than one Realtor do a comparative market analysis. As with all statistics, you can make them say whatever you want. Ask questions about the CMA they give you.
0 votes 2 answers Share Flag
Sat Sep 7, 2013
Robert McGuire answered:
Cstudio,

This will affect the home value positively. Any finish in the basement is a plus. An additional bedroom and bath should add $5,000 -$10,000 depending on the level and quality of of finish. .

Robert McGuire ASR
Broker/Consultant
Your Castle Real Estate
Direct - 303-669-1246
http://about.me/robertmcguire33
... more
1 vote 1 answer Share Flag
Fri Sep 6, 2013
Darrick Gilliard answered:
Hi Jorvis,

the average days on market here in the Denver Metro area as of the 4th of September is 62 days for an average list price of 339k. Depending on the area the number could be higher or lower based on supply in the area. ... more
0 votes 8 answers Share Flag
Sat Aug 31, 2013
Robert McGuire answered:
Kbri,

If I understand your question correctly, I don't think so. If you are wanting to rent a property, Trulia has a rental site that is free for you to post your rental. All the best.

Robert McGuire
Broker/Consultant
Your Castle Real Estate
http://about.me/robertmcguire33
... more
0 votes 2 answers Share Flag
Sat Jan 19, 2013
James Charleston answered:
In the area bounded on the North by Kent Pl, the South by Mansfield, the West by Chester and the East by Kennedy Golf Course, there is some variation of pricing. Two units in the area currently for sale vary from $137 to $179 PSF. The sold units over the last 6 months from $91 to $141 PSF. Depending on size, condition, view, inventory and complex the prices range from $108,000 to $310,000. This variation could also occur because of changing market conditions. The market was entirely different last August when the unit for $91 PSF sold and the unit on the market now for $179 PSF. ... more
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Fri Aug 24, 2012
Rhyan Diller answered:
Did you have any other questions on the neighborhood?
0 votes 2 answers Share Flag
Tue Sep 7, 2010
Jay Feaster answered:
If you want an unbiased and accurate assessment, try looking at DenverPropertyValue.com Yes it's a realestate website, but it's free and will give you all kinds of currently listed and recently sold comparable homes. The big thing I really like is all the graphs and breakdowns. The biggest thing you want to watch is the asking -vs-selling price statistics. ... more
0 votes 6 answers Share Flag
Wed Aug 26, 2009
Dave Sachleben answered:
Aurora South currently has an absorption rate of 3.0 which technically makes it a sellers market. That does not mean your home will sell for more than you purchased it but it does indicate it will sell relatively quickly for a decent price and prices should be going up. Since Oct. 2008 the average days on the market for Danbuy Park subdivision is 43 (4-103) which is not bad. The non-bank owned properties have sold within a few percentage points of the county tax appraised value. You can follow homes in your neighborhood - list and sale prices - on the web by going to web reference below.
- Dave Sachleben
... more
0 votes 6 answers Share Flag
Sun Mar 29, 2009
Brian Burke answered:
I did not see that you were a Realtor Before. Did you get your info? Do you have MLS? If you Pull solds on the MLS you can go back 30 days and get the info. The MLS offers classes to teach you these skills. ... more
1 vote 4 answers Share Flag
Tue Oct 14, 2008
Antonio Abundez asked:
Fri Apr 11, 2008
Kathryn Carlson answered:
Annel: It depends where the house is located in Aurora. Southern Aurora-- has higher vallue than Northern Aurora. Aurora is flooded with homes for sale-- including bank owned properties. Homes are on the market longer these days, as Buyers are more selective. Average days on market: 95-200 ... more
0 votes 4 answers Share Flag
Tue Nov 27, 2007
Darrick Gilliard answered:
Hi Allene,

I live and actively market in 80016. The traffic has slowed down considerably over the beginning of the year; which in this area has been consistent for the last several year. People looking to make sure there children are settled in before school starts. The busy months are February to May for this area.

Housing values remain slight appreciation to unchanged for the most part.

Thanks!
Darrick Gilliard
... more
0 votes 5 answers Share Flag
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