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Don’t miss out on this great buy in Country Club West!

5126 W. 11th St. Rd.

5126 W. 11th St. Rd., Greeley CO http://www.5126w11thstrd.com

Custom home with wood floors on main level, main floor 5-pc master with 2 walk-in closets, spacious living room with plantation shutters, Bose surround system, main floor laundry & basement hook-ups, open kitchen with breakfast bar, pantry, Stainless Steel appliances, eat-in kitchen/living room, covered patio, private-shaded fenced yard.

Finished Basement with fireplace, built-in wall unit, perfect mother-in-law area with wet bar/kitchenette.  Oversized finished & insulated garage, bonus room on upper level plus so much more.  NO HOA FEES!

Considering a move to Greeley or other Northern Colorado areas?  Visit my website westrealtynoco.com or call me at 970-631-7111

For more information on this beautiful home or to schedule your personal showing:

 

 

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Top 12 Apps for Homeowners and Renters

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More than 77 percent of people own a smartphone.1 The average person checks their smartphone 46 times a day, with people under the age of 24 checking it an average of 74 times a day.1 We check it while we’re waiting in line and during our leisure time, whether we’re scrolling through social media, reading emails or getting up-to-date on the latest news.

Smartphones are not only a useful tool for communication. With the following apps, you can get organized (whether you plan to buy or sell), save money, learn about the homes in your neighborhood and get inspired for your next renovation project. If you’re like 81 percent of people, you have your smartphone with you during most of your waking hours; let it help you stay organized and make your life easier.3

Apps For Homeowners: Get Renovation Inspiration
These apps not only offer ideas for your next remodel or home décor project, some of them even give you a preview of what your home may look like once it’s finished.

1.) Houzz (Free)
The Houzz app is the number one app for home design and it’s no wonder; the app gives you access to all the inspiration, blogs and design ideas from the Houzz site on your phone or tablet. The app features View in My Room 3D, which allows you to view products in your home before you buy. Just take a photo of the space and a 3D version of the product will appear. Browse products, save photos of designs you’d like to view later and connect with local professionals in your area. Whether you’re gathering ideas for your next renovation and décor project or you’re just browsing, the Houzz app will satisfy all your design needs.
(Android, iOS)

2.) iHandy Carpenter ($1.99)
Make sure the photos, shelves, mirrors and other artwork you hang are even and aligned with this helpful app. It’s an all-in-one tool kit that features a plumb bob, surface level, bubble level bar, ruler and protractor. No need to purchase these tools separately; just hold your smartphone up to the wall and the app will take care of the rest.
(iOS, Android)

3.) Color911 ($3.99)
If you’re thinking of changing the color scheme of your home or want to find the right shades for lamp shades, rugs or throw pillows to match your vintage sofa, the Color911 app provides pre-selected color palettes to match any color scheme. Take a photo of the room or the furniture and the app will create a custom palette full of complementary colors. Write notes about your palette and organize it all into folders to share with family, friends or your design professional.
(iOS)

Bonus Apps for Homeowners:

AroundMe (Free)
Hungry and looking for a local hotspot? Meeting friends at a coffee shop nearby? Or just need to find the closest ATM? AroundMe allows you to search for the nearest restaurants, banks, gas stations, book a hotel or find a movie schedule close to where you live. Open the app and start learning more about your neighborhood. (iOS, Android, Windows)

BrightNest (Free)
From keeping things clean to making them colorful, Brightnest, developed by Angie’s List, is loaded with suggestions on how to make your home a better place to live. With categories of customized tips (money-saving, cleaning, eco-friendly, healthy, cooking, and creative) there are plenty of great ways to pull inspiration from the app. BrightNest will help you tackle important home tasks with easy-to-follow instructions, a personal schedule and helpful reminders. (iOS, Android, Web)

Apps For Sellers: List & Sell Your Home Quickly
Are you a homeowner who is thinking of selling? If you’re preparing to sell, you know there are a lot of tasks to complete before putting your home on the market. These apps help you manage your to-dos so you can list and sell your home more efficiently with fewer distractions.

4.) Homesnap (Free)
Using the Homesnap app, you can snap a photo of any home, nationwide, to learn more about it. When you’re ready to sell, snap a few of the homes in your neighborhood to find out their valuation. This app isn’t perfect, which is why you should always consult with a local real estate agent. However, it can give you a general idea of the value of your home compared to others in the neighborhood. (iOS and Android devices)

5.) Docusign (Free)
Use the DocuSign app to complete approvals and agreements in hours—not days—from anywhere and on any device. Quickly and securely access and sign any documents. The benefit to using the app (over your desktop computer) is you will receive push notifications when a document is waiting for your signature and you can view and organize all your docs on-the-go. Using the easily downloadable app, receive and sign documents for free. You can receive and sign documents for free, but will need a paid account to send documents; pricing starts at $10 a month. (iOS, Android, Windows, Web).

6.) Wunderlist (Free)
Designed for use on the Web and mobile devices, Wunderlist is a well-designed to-do list and task management program that makes it easy to create a list and add tasks, due dates and reminders. Organize your ideas or focus into separate lists or create tasks within one list. You can also email them with whomever you collaborate, such as a spouse or your real estate agent. (Android, iOS, Windows Phone, Web)

Bonus App for Sellers:

Real Estate Dictionary (Free)
Not sure what all those industry specific terms mean? Search thousands of words and phrases from real estate, mortgage, and financial dictionaries for clear, in-depth definitions. This is a handy app for anyone who’s buying or selling and wants to learn more about the process. (iOS, Android)

Apps For Renters: Get Ready to Buy
Not ready to buy a home just yet? These apps will help you get into the perfect rental while you save money, build a budget and get on track for homeownership.

7.) Mint (Free)
Do you know where your money goes each month? Manage your bills, budget and credit score all in one place. Mint is a free app that helps you view your complete financial picture and track your spending. We recommend this app to anyone, but it’s especially useful for renters who need to crack down on their spending in order to save for a down payment. Use Mint to look for areas you can cut spending in order to save a little extra each month. (iOS, Android)

8.) Acorns ($1 a month to start)
Acorns is modernizing the practice of saving loose change with their automated savings tool. The app rounds up your purchases on linked credit or debit cards, then sweeps the change into a computer-managed investment portfolio. Acorns is free for four years for college students and everyone else pays $1 a month until their account balance hits $5,000, then 0.25% of their account balance per year. This is a useful tool for those who have a hard time saving. (iOS, Android)

9.) Neighborhoods & Apartments
Built for the on-the-go apartment hunter, this app from Walk Score takes the hassle out of finding your next home or apartment and helps you live near the people and places you love. They collect listings from top rental listing sites and we like them because they share how walkable each address is, determined by access to public transit, things to do, bike trails, shorter commutes, etc. (iOS, Android)

Bonus Apps for Renters:

Wally (Free)
Wally is a personal finance app that helps you compare your income to expenses, so you can understand where your money goes each month, and set and achieve goals. Wally lets you keep track of the details as you spend money: where, when, what, why, & how much. We love how simple it is to set a personalized savings target and scan receipts. (iOS, Android)

Credit Karma (Free)
If you’re preparing to buy, boosting your credit score is likely a goal you’ve set. Credit Karma is a free app that allows you to safely monitor your score and receive updates on ways you can improve it over time. They provide financial calculators and educational articles to help you better understand what credit is all about. Check as often as you want, and it doesn’t hurt your score. (iOS, Android, Web)

Apps for Buyers: Find the Perfect Home

When you’re ready to buy, there are several apps that can help you stay on top of the process. Whether you’re browsing online at different neighborhoods and homes and can’t seem to remember where all your saved data and information went or you want to save an important task or a neighborhood or listing clipped from the Web, these apps help you keep it all straight.

10.) Dwellr (Free)
Dwellr is run by the U.S Census Bureau and provides demographic information about the neighborhoods you are considering moving to. You get a variety of education/school, real estate, transportation, and population statistics to give you an idea of what it would be like living there. If you want to get the feel of a potential neighborhood, then Dwellr may just be the app to help you find the best home. (iOS, Android)

11.) Evernote (Free for the Basic version, $34.99 per year for Plus and $69.99 per year for Premium)
Collect ideas, notes and images in one place to access later on your computer, tablet or smartphone. Categorize your notes so you can find them quickly and easily and share them with others in a group notebook. Add the Web Clipper feature to your browser and clip and save articles, blogs and images from the Web. Whether you’re collecting research on a business idea or you’re looking for inspiration for a home renovation, Evernote can help you keep it all together. (Web, iOS, Android)

12.) Mortgage Calculator (Free)
There are a lot of free mortgage calculators available for download that will help you quickly determine what your monthly payment will be while you’re house hunting. We recommend picking your favorite and using it to help you shop in your price range. These numbers should be used as a guide, work with your agent and mortgage professional to learn exactly what type of loan you’ll qualify for. (Web, iOS, Android)

Bonus App for Buyers:

Google Maps (Free)
Google Maps is a must-have for anyone who’s house hunting. When you’re ready to visit a property or check out a neighborhood, you can use Google Maps to give you turn by turn directions to the house. You can use their satellite view to get a good idea how far important things like schools, parks, shopping, bus stops, and restaurants are to a home you are interested in and check out the other houses on the street. (Web, Android, iOS,)

Ready to move beyond the app?
If you’re thinking of buying or selling your home, or know someone who is, keep us in mind because we’re happy to help!  Give us a call at 970-631-7111

Source:

1. Pew Research Center, January 12, 2017 http://www.pewresearch.org/fact-tank/2017/01/12/evolution-of-technology/
2. Deloitte, 2016 global mobile consumer survey: US edition https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/global-mobile-consumer-survey-us-edition.html
3. Gallup, July 9, 2015 http://www.gallup.com/poll/184046/smartphone-owners-check-phone-least-hourly.aspx

 

 

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At the Women’s Council Of Realtors meeting, we had the opportunity to hear Jake

At the Women’s Council Of Realtors meeting, we had the opportunity to hear Jake Hallauer, VP of Chrisland Real Estate Companies tell us some facts and predictions of what is happening in NOCO.

Trends in NOCO

Hallauer, VP of Chrisland Real Estate Companies tell us some facts and predictions of what is happening in NOCO.

In Summary:

Current Population:  Larimer and Weld County:   635,000+

Apartment Market – Both Ft. Collins/Loveland and Greeley/Evans have a significant increase in appreciation

Ft. Collins/Loveland
Occupancy Rate: 96.69%
Rental Rate: $1.50 $/SF/Month (Does not include garage, pet deposits etc.)

Greeley/Evans
Rental Rates $1.22 $/SF/Month
Occupancy Rate: 95.27%

Cost to build an apartment: Mid $200/SF
Problem: Shortage of Labor Contractors

East of I-25 the Fastest Growing Cities in NOCO
1. Johnstown
2. Milliken
3. Timnath
4. Windsor

Industrial Market
6.1% Vacancy in NOCO
Rental Rates are up 3.6%
Significant Owner/Users Locally: High Country Beverage, Swine Coca-Cola, Woodward Governor, Canyon Bake House

Retail Market
3.9% Vacancy
Rental Rates up 17%
Global Trends:
1. Increasing online sales
2. Fewer Store Openings
3. Category Killers
4. Discounters
5. Entertainment
6. Fast Casual Restaurants
7. Hotels

Office Market

10.2% Vacancy in NOCO
Rental Rates up 14.5%
Locally: Woodward Governor, Broadcom, Banner, UCH, Eye Center of NOCO, Orthopedic Center of the Rockies (OCR)

NOCO Threats to Economic Growth

-Transportation Infrastructure
-Water (How to Store It)
-Building the Talent Pipeline/Additional Employers
-Lack of Significant Wage Growth
-Affordable Housing & Attainable Housing

Expansion Phases
-Construction is expanding at a  faster rate than balance of the economy
-Prediction that these trends will continue in 2nd half of 2017 and 2018
-NOCO expected to continue to grow

We are in an expansion phase of the Real Estate cycle
– Retail is in the hyper-supply phase
– Apartments are in the furthest along in expansion phase
– Office Retail is just moving into the expansion phase

If you would like more information on this or the Residential Single Family Homes, feel free to contact West Realty  at 970-631-7111

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Rehab or Rent Out? Real Estate Investment Tips for Beginners

 

With mortgage rates still hovering near historic lows, more people are turning to real estate investments as a way to build and preserve wealth. Whether you start fixing and flipping properties or buying and renting them out for monthly cash flow, either investment style can make your money work harder for you.

 

Before you start investing in real estate, it’s important to line up professionals to help you make offers when you find them. Among your team members, you will want to include:

 

            A savvy, local real estate professional

 

      A mortgage broker or banker to help you get financing

 

      A real estate attorney to write and reviewing contracts

 

      An appraiser who knows the market and will help you get a correct property appraisal

 

      An accountant who is well versed in real estate investments

 

      A good contractor, for rehabbing or repairs

 

 Then, you’ll need to determine your real estate investment style.

 

 Rehab or wholesale properties for short-term ROI

 

The advantage of flipping properties is that you can end up with a good return on investment(ROI) in the short term. For example, you buy a property for $100,000, and invest $50,000 into repairs. Once it’s rehabbed, your property is valued at $200,000, and you sell it for a $50,000 profit.

 

Once you know where to find rehab opportunities, you can easily repeat the process by reinvesting proceeds from a previous flip into the next property. This is where working with savvy real estate professional can help. They can help you find the right fixer-uppers that may be under market value. A Realtor will have access to many properties that may not be publicly available.

 

When you are evaluating a property, you will need to look at the whole picture to ensure it will bring you a profit once you resell it. Beyond the actual purchase price and rehab costs, your budget should include carry mortgage payments, property taxes, utilities, and insurance. If it looks good on paper, you can get your real estate team to help you quickly make the offer.

 

Buy-and-hold rental properties for monthly cash flow

 

If you find the right long-term buy-and-hold rental property, you can earn consistent cash flow each month. However, you’ll need to carefully review the operating expenses on the property and what tenants are willing to pay for the space to know if you’ll make or lose money each month.

 

Does your long-term investment make sense on paper? In other words, you will need to understand if your monthly cash flow will be positive or negative.

 

For example, say your total costs to buy a duplex was $20,000, including down payment and closing costs. You can rent each of the units for $600. Assuming your building is 100% occupied, you’ll make $1200 per month in income. Your expenses include mortgage payments, taxes, insurance, utilities, and management fees, and you want to set aside some cash each month for capital expenditures and routine repairs. You calculate that your expenses add up to $1100 per month. Once you subtract your expenses from your income, you’ll have a positive cash flow of $100 per month.

 

You can also add amenities, such as coin laundry and vending machines, to increase your potential monthly income. If your property has space to add a billboard, you can earn advertising revenue from renting that space, too. And when you decide to sell, your property’s value will likely have increased both from the overall rising property values and by the improvements you made to increase the cash flow.

 

Where should I start investing?

 

Contact us at West Realty by calling 970-631-7111 if you want to learn about investment properties in your local area. We can help you find the right properties that will fit into your budget and your overall goals.

 

 

 

 

 

 

 

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THINGS YOU’LL WANT TO KNOW ABOUT ST. MICHAELS IN GREELEY, CO

HOME VALUES

Median Estimated Home Value

Median Estimated Home Value: $347K
Estimated Home Value 12-Month Change: +8.9%
Median List Price: $350K
List Price 1-Month Change: +0.9%
List Price 12-Month Change: 18.6%

This chart compares the price trend and sales volume for homes in an area. Home prices typically follow sales volume, with a time lag, since sales activity is the driver behind price movements.

Median Sales Price in St. Michaels

Median Household Income: $69,368
Household Income Brackets
Income Per Capita: $32,558
Median Home Age: 10
Own: 58%
Rent: 42%

WALKABILITY SCORES:

Walkability Scores (out of 5)
Overall Score  0.4
Amenity Score  0.4

This neighborhood or ZIP code is rated for walking access to general points of interest, reflected in the overall score, plus amenities (such as retail stores) and leisure (such as restaurants and parks). Other factors considered in the scores are street types, weather, public transportation and population density

TRAVEL TIME

This chart shows average commute times to work, in minutes, by percentage of an area’s population

Travel Time to Work (in minutes)22
Average Commute Time

POPULATION:

Population: 5.57K
This chart shows the distribution of the population of children by age range — from birth to 17 and the distribution of the population of adults by age range — from 18 to 75-plus

Households With Children
Households with children

Median Age: 33
Population of Adults in St. Michaels
Male / Female Ratio: 52%

OCCUPATIONAL CATEGORIES:

2-Year Degree: 37%
Bachelor Degree: 26%
Post-graduate degree: 11%

This chart shows categories of employment within an area.
Occupational

NEIGBORING AREAS

Orchard Park in Evans, CO

Median Estimate:

Homes:   Pop: 2,012

Ashton Estates in Greeley, CO

Median Estimate: $575,430

Homes: 43  Pop: 5,572

Grapevine Hollow in Evans, CO

Median Estimate:

Homes:   Pop: 2,012

West Fork Village Condominiums in Greeley, CO

Median Estimate: $174,920

Homes: 144  Pop: 5,572

West Ridge in Greeley, CO

Median Estimate: $446,410

Homes: 121  Pop: 2,067

Meadowview at West Bone in Greeley, CO

Median Estimate:

Homes:   Pop: 5,572

Drakes Crossing in Greeley, CO

Median Estimate: $317,060

Homes: 149  Pop: 2,067

Covington Knolls in Greeley, CO

Median Estimate: $769,900

Homes: 56  Pop: 2,067

West Bone Ranch in Greeley, CO

Median Estimate: $315,950

Homes: 203  Pop: 5,572

Considering a move to St. Michaels in Greeley?
Call Bev West at West Realty @970-631-7111
http://www.westrealtynoco.com
Get a Free Market Report Today!

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We’re here to help first time homebuyers sift through the myths and the truths about buying your first home. West Realty wants you to be a smart homebuyer and will inform you about the whole process at every stage.

Learn about:
What’s your price range?
Balancing Budget and Home Size
Process Details
The Closing Process
Myths and Truths

Get started today and before you know it, you will be in your first home.  How exciting!! If you have any questions, always feel free to call Bev at 970-631-7111.

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