About Pueblo County, CO

Pueblo, Co had a late season storm which produced large and damaging hail. Many homeowners have not yet had a chance to get their roofs repaired. Here are some things homeowners should know before signing a contract.

First call local supply companies or building departments and ask for references. They know which companies can be trusted and which ones should be avoided. Never work with a contractor who wants you to pull a permit for them. This most likely means they are not licensed in the area or have had some problems with the building department. If they ask for money up front be suspicious, but smart. Some smaller companies have been taken by homeowners and want to make sure they get a true commitment before scheduling or want the money to make sure they aren't left covering a material bill and without getting paid. One way to satisfy both you and the contractor in this instance is to pay for the material yourself and have him supply labor only. This is a good idea under many circumstances, it makes sure that no liens may be filed against your property if your contractor finishes the job but doesn't pay his material bill. The contractor may still be able to file liens on your property if he finishes the job and you don't pay him, but you know the material costs were taken care of. It is not always better to go with the biggest and best known companies in town, they often times have more jobs than their regular crews can handle and will hire unfamiliar crews to get the jobs done, planning on going back and fixing problems later if necessary.

Local companies rely on their reputation to stay in business, so research the firm you decide to go with and make sure they are in good standing with both the building department and the local suppliers.

Written by Pam Simmons

For more information or to contact Pam Simmons @ Allied Building Supply 719 560-0401

Like most of the rest of the country Pueblo is struggling with the real estate market.

New contruction on Single Family homes was down -44.6% from last year.

New construction permits issued by area for 2007:

• Pueblo West 51%
• Colo City and Rye 5%
• Mesa 4%.

Permits by Builder for 2007:

• Premier Homes pulled 74 permits
• Owner builders 69 permits
• Family Home 41 permits
• Cowan Concept 23 permits
• Pioneer West 22 permits
• Mid-West 21 permits
• Oakwood 17 permits
• Gem 13 permits
• Domega 11 permits
• Legacy homes 11 permits
• RE-IS 10 permits

Pueblo West Market report for 2007

A total of 636 site built houses in P.W. were sold in 2007

• Median price $124,900
• Average price $121,200
• Average Days on the market 96
• Average price per square foot $94

A total of 289 vacant lots were sold in P.W. in 2007

• Median price $22,000
• Average price $27,600
• Average days on the market 170

There are 351 houses on the market as of January 5, 2008

1. Median price $199,900
2. Average price $246,000
3. Average days on the market 131
4. Average price per square foot $126

There are 721 vacant lots for sale as of January 5, 2008

• Median price $25,500
• Average price $ $47,019
• Average days on the market 272

A total of 5 homes were sold on Hatchet Ranch in 2007.

• Median price $320,000
• Average price $301,800
• Average days on the market 210
• Average price per square foot $137

A total of 14 land parcels were sold on Hatchet Ranch in 2007

• Median price $60,450
• Average price $70,057
• Average days on the market 235

There are currently 6 homes on the market as of January 2008 (40+/- acres)

• Median price $245,000
• Average price $318,000
• Average days of the market 101
• Average price per square foot $151

There are currently 48 land parcels on the market as of January 2008 (40+/- acres)

• Median price $67,900
• Average price $76,600
• Average days on the market 229