Recession? Where? My House Hits the Market at Nearly $400 psf!

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Education & Training with Sell with Soul

Putting my own sweet little Denver Bungalow on the market today. Voluntarily. Intentionally. No, I don't have to sell, but my market is HOT! Yeah, seriously!

My part of town is known as Northwest Denver or Highlands... and it's quite the trendy spot. In fact, my zip code (80212) was written up last spring as being the 2nd highest appreciating zip code in Denver at something like 18%. And I believe it! Here's a virtual tour of my beloved 'hood.

Little houses like mine are selling like hotcakes - a few already over $400,000. Believe it or not, the list price of $369,900 for my 950 sqft is a bit of a deal! Okay, well, I have a full basement, but still... That's a lot of money!

But, it's cute and the location can't be beat. I'm optimistically expecting a quick sale; after all, I did everything my listing agent told me to do (that would be me)!

Here's my virtual tour...

And a few Before & Afters:

31st31

 

 

 

 

 

 

 

livingliving

 

 

 

 

 

 

 

kitchenkitchen

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The More Fun You Have Selling Real Estate, the More Real Estate You Will Sell! 
(True Story)
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Rainmaker
133,101
Kim Brown
Keller Williams Realty - Keene, NH
Keene, NH - New England at its Best!

Dahling--I love what you've done with the place!

Seriously, it looks fabulous!  Your listing agent has a stellar reputation, so you should be putting pen to paper in no time!

Sep 05, 2008 12:52 AM #7
Rainer
14,544
Jeff Glick
BCHloans - Dunwoody, GA

Terrific,

I was just out in Crested Butte for a week and at the end of the trip we stayed in Denver for a night.  We went downtown for dinner, drinks and College Football - AWESOME town.

Good luck with the sale.

Sep 05, 2008 12:55 AM #8
Rainer
129,115
Justin Ukaoma
Vizion KC - Kansas City, MO
Kansas City Real Estate Investments

Jennifer fantastic virtual tour the highlands sure looks like a great place to live in.  I bet your home will sell quickly those hardwood floors and natural lighting look amazing.  www.vizionk.com

Sep 05, 2008 01:07 AM #9
Rainmaker
485,057
Jennifer Allan-Hagedorn
Sell with Soul - Pensacola Beach, FL
Author of Sell with Soul

Justin - it really is a great place to live. And even though they're small, Bungalows are amazingly livable - they're probably the most popular floorplan in central Denver!

Jeff - Thanks for the Good Luck! Look me up next time...

Kim - Yeah, she rocks... but not as much as Rockin' Kim!

John - I think it will. I could have gone $20k higher and no one would have batted an eye, but I want a FAST sale!

Missy - I actually already moved - I rented a house on Sloan's Lake, just five blocks away. Didn't want to leave the hood, but didn't want to pay today's prices!!! Am I a hypocrit!?

Joan - I bought the house as an investment and with the recent surge in prices, I figured I'd cash out.

Susan - Thanks! I give most of the credit to my stager - www.stagingdenver.com

Neal - Ooooh, sorry. This price point is sweet here in Denver, but I'm sure we'll have a few stumbling blocks to overcome...

Laura - How come you can't list your own home? Is it an E&O issue?

Sep 05, 2008 01:14 AM #10
Rainmaker
224,127
Laurie Mindnich
Centennial, CO

Jennifer, with all of the out of state influx that Denver enjoys, your area remains one of the few in which big trees and classic styles are available (unlike the "subdivision" look so predominant out there). Now, if buyers of these gems would simply leave them alone, and not engage in "tear down" mentality...your house is WONDERFUL, and based on limited experience looking in that area, being offered at a great price.

Sep 05, 2008 01:16 AM #11
Rainmaker
485,057
Jennifer Allan-Hagedorn
Sell with Soul - Pensacola Beach, FL
Author of Sell with Soul

Options - Funny - I"ve always worked in this neighborhood, so I take the charm for granted! The nice thing about my house is that the lot isn't really big enough for a tear-down, although it could easily be popped, which was my original plan when I bought it.

Sep 05, 2008 01:46 AM #12
Rainer
137,703
Hope Goss
Ventura Property Shoppe - Ventura, CA
Ventura Real Estate

Good luck to you on the sale of your home and whatever awaits you on the other end of the sale!

Sep 05, 2008 02:47 AM #13
Ambassador
463,598
Terrie Leighton
Ferrari-Lund Real Estate - Reno, NV
Reno Real Estate Agent ~ Selling Homes in Reno

I am sure your little cottage will sell. The pictures are great. I love older homes (I am assuming this one is older) We have a terrific neighborhood in Reno that have the best homes in it, just like the one you are selling, and they have held their value even in today's market where other neighborhoods have not been so fortunate!

Have a great weekend.

Sep 05, 2008 06:52 AM #14
Rainmaker
1,142,648
Bryant Tutas
Tutas Towne Realty, Inc and Garden Views Realty, LLC - Winter Garden, FL
Selling Florida one home at a time

Jennifer, Location sure does make the difference.I just sold a cute little 100o sq ft bugalow with beautiful hard wood floors. The kitchen and bath had just been completely gutted and redone. It sold for $55,000!!! 

Sep 05, 2008 10:49 AM #15
Rainer
104,648
Sherry Peckhoon Sim
Sims & Company - Cayucos, CA
Broker/Owner, Covering the Beautiful Central Coast

Cute and looks like it's positioned to sell.  I like your choice of lighter-color furniture.   The remodeled  kitchen looks great.  Best of luck! 

Sep 05, 2008 01:16 PM #16
Rainer
14,867
PJ Belle
Long and Foster - Moneta, VA
ABR, GRI, SFR

I like what you did with the floors good luck

Sep 06, 2008 12:17 AM #17
Rainmaker
342,974
Kim Peasley-Parker
AgentOwned Realty, Heritage Group, Inc. - Sumter, SC

Jennifer, great pics thanks for sharing.  Your home looks wonderful and I wish you a quick sale!  Your home really is cute!

Sep 06, 2008 07:13 AM #18
Rainmaker
266,343
Dora & Vincent Kwok
HomeSmart Real Estate - Chandler, AZ
CNE - Chandler, Arizona Real Estate

Good luck with your sale.  The pictures are vitural tour look great

 

Sep 06, 2008 06:02 PM #19
Rainmaker
262,036
Lynn Afton
Greenridge Realty Oakmont - Big Rapids, MI
REALTOR® Near Big Rapids, MI, Mecosta County

Amazing prices out there!  Very sweet home - good luck on your sale.

Sep 07, 2008 11:56 AM #20
Rainmaker
544,684
Shirley Parks
Sands Realty 210-414-0966 - San Antonio, TX
Broker, 210-414-0966, San Antonio TX Real Estate

I love your cute "little cottage." It should sell quickly. $400 per square foot. Wow!

Sep 08, 2008 07:11 AM #21
Rainmaker
485,057
Jennifer Allan-Hagedorn
Sell with Soul - Pensacola Beach, FL
Author of Sell with Soul

Okay, so I got a little feedback that my basement finish wasn't quite up to expectations (sheesh, whaddya' want for $400 psf!?), so I reduced my price $10k (after a whopping 3 days on the market) and am getting lots of showings... three interested parties, so far! Woo hoo!

Sep 08, 2008 10:22 PM #22
Rainer
49,189
Dianne Barody
Century 21 AmeriSouth Realty - Pensacola, FL
Pensacola Florida Real Estate

Jennifer:   Wow!  It is a beatiful cottage.  You did well.

Sep 16, 2008 08:38 AM #23
Rainmaker
183,995
Laura Gray
RE/MAX Realty Group - Gaithersburg, MD

Great looking space and tons of curb appeal. You should have no trouble selling that charming cottage. I personally prefer a home with character , instead of those McMansions that are stamped out at the factory. One kit fits all !!

 

Laura

Sep 16, 2008 09:53 AM #24
Rainer
4,752
Matt Makowski
One Stop Realty, Inc. - Boulder, CO

On a different tack, thanks for recommending the Expired program.  I like what I heard and have bought it.  We'll see.  Keep well,

Matt

Matt Makowski

matt@mattmakowski.com

www.BoulderCountyHome.com  

Sep 16, 2008 12:10 PM #25
Ambassador
891,667
Janna Scharf
Keller Williams Realty Coeur d'Alene - Coeur d'Alene, ID
Coeur d'Alene Idaho Real Estate Expert

I put my house on the market o July 1 in Fort Collins, also listening to the sage advice of my favorite Realtor (ME, of course).  I listed it at $450K and had competing offers in less than a week, and sold it 3 weeks later for $446K.  It was a good illustration of what can happen in a down market when you do things RiGHT.  Cleaning, staging, fixing, clearing, proper pricing, etc.  I find that my sellers always pick and choose which things they want to do instead of just doing what I tell them! 

Sep 16, 2008 05:37 PM #26
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