LET’S LOOK AT SELLING PRICES FOR EVERGREEN COLORADO REAL ESTATE
The historical rule of thumb in the Real Estate business is that a resale should be about 10% less than new construction. Or to look at it another way new construction is worth a 10% premium. With the EVERGREEN COLORADO REAL ESTATE market down over 10% or more building new homes is now more like a 20% premium. This is too much of a gap to over come in today’s market place.
There are plenty of homes for sale that were built in the last few years that have all the bells and whistles that any new home would have. Buyers are buying the resales and are not interested in the new homes. This problem is complicated by the fact that new homes have very little equity. Most of the price of new construction is hard costs and there is little wiggle room in price negotiations. If the builder is dealing with construction financing the interest payments each month just add additional cost to the home and further limit price negotiation.
We have built many new homes in the Evergreen and Conifer area and know all the problems the builders face. We can help you negotiate the best deal on new construction. We are Mark English Real Estate and Discount Mortgage Services and can show You how to make money, and keep Your money, by investing in EVERGREEN COLORADO REAL ESTATE. Now is a great time to invest in EVERGREEN COLORADO REAL ESTATE and CONIFER COLORADO REAL ESATAT. Interest rates are at an all time low, and we can help you finance your purchase, or refinance you EVERGREEN COLORADO HOME LOAN. Please, call us today at 303-674-0148, Email us at markenglishrealestate@msn.com, or visit us on the web at www.evergreencoloradoliving.com. We are THE on stop shop for all your Real Estate needs; from Real Estate, to Commercial, to Financing, to Construction – WE WILL SAVE YOU TIME AND MONEY.