Despite the market we are in, I'm still seeing success in the Ravencrest Condo community. I just sold one there - we were under contract in 23 days and I had multiple offers for my seller. We sold for full asking price and paid the buyer's closing cost. The key to this deal was a motivated seller who understood the importance of doing it right the 1st time. By this, I mean she had her home in excellent condition the day we went on the market. Certainly, it was an incredible unit (an end unit of the building located in the back of the complex and backed to open space) but the seller was a huge help in the quick sale of this property. From little details, like keeping the condo in great shape for showings, to being flexible for showings anytime, I couldn't have sold it this quick without her! Sellers: buyers notice the small things. They'll spend much more time focusing on the things that are problems rather than appreciating the things that are done well.
Also, I got more sign calls off this listing that any listing I've ever had. There is a HUGE demand in this area and this complex for the right unit at the right price. I was amazed to find that buyers don't mind the lack of garages when there's so many other benefits such as low HOA fees, a pool, and great central location. In fact, with the brand new University Village Shopping Center located just down the street, I think we'll see this area continue to develop and grow in popularity. Now's a great time to take advantage of the market and get a condo in this complex, whether you use it for a residential rental, corporate rental ($$ cha-ching), or personal residence. With the extended tax credit, low interest rates, and amazing prices in this market, it's a great time to buy a home in the Colorado Springs area!
As a native of Colorado Springs and now a Colorado Springs Realtor, it's important for me to stay on top of the trends and the latest information in the local real estate market. The Gazette newspaper has just released a study in cooperation with the Pikes Peak Association of Realtors (PPAR) which breaks down each neighborhood in Colorado Springs and compares them over the last 11 years (since 1996). There's a lot of great information here, from the overall appreciation of each neighborhood to the average price per square foot.
I grew up in the Woodside neighborhood in Briargate so this subdivision is of particular interest to me, plus I have a wide range of knowledge of the history of the area. With an average of 65.05% appreciation over the last 11 years and an average price per square foot of $145 in 2007, this Academy District 20 neighborhood is quickly becoming the "center of town" as Colorado Springs continues to sprawl to the East and North. Check out all the statistics about Woodside in Briargate and take a look at other neighborhoods in Colorado Springs.
Click here to see the full report: http://www2.gazette.com/neighborhoods/index.php
As always, if you know someone who is thinking about moving I would love to talk with them. Whether they need a great agent in another State to help them find a home or if they're looking to buy or sell in Colorado Springs I can help them.
As a Colorado Springs real estate agent, I do my best to know the trends and stats about our local market. The Gazette (the daily newspaper here in Colorado Springs) has recently released a very comprehensive analysis of the local Colorado Springs market over the last 11 years. It focuses very specifically on the neighborhoods and subareas of Colorado Springs. Check out the full article and the specifics for Rockrimmon. Overall, Rockrimmon has seen 80.8% appreciation in the past 11 years (just above the average for El Paso County) and houses pull a price of around $170 per square foot.
Please contact me if you would like more information about the Rockrimmon area or other neighborhoods in Colorado Springs.
As a professional Realtor in Colorado Springs, I specialize in residential real estate. I can help you sell or buy homes, town homes, condos, or new homes in Colorado Springs and surrounding areas
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