Tag: Realtor in Mancos

Happy New Year from Mancos!Happy New Year from Mancos!

Happy New Year! What a busy fall! Lot’s of buyer even though interest rates for a 30 year conventional loan hovered around 7%. When I bought my first home the interest rates was 10%. Fall in love with the home not the interest rate. You can always refinance. Bad Credit? There are always some homes on the market that offer owner financing with very little down. If you plan to stay in the area more than 2 years definitely buy and not rent. The fall also brought some huge challenges for me with family and health, so I am happy that is in the past.

In December we hosted a community Christmas Dinner and we had 49 people! Long ago, Mancos always had one but it stopped so I felt that tradition should be brought back. Downtown Mancos is changing! The Mancos Commons building next to my office will be done this Spring and have 3 rentals plus a workshop. Raven House, the art gallery after 15 years is closing up shop due to rent being raised. The Absolute Bakery changed ownership and is now closed for 2 months for remodeling! I got a new stamped concrete sidewalk in December and love it! Stop by if you are in town- 145 W. Grand Ave.

We had very little snow in December and I am happy to say that it finally snowed this am!

How to Increase Curb AppealHow to Increase Curb Appeal

1. Replace Old Hardware – Replace the entry door hardware, outdoor light fixtures, and mailbox. Choose hardware that contrasts the exterior paint colors. 

2. Paint The Front Door – Make a statement with the front door. Paint it a bright color or install a custom wood door. Add a wreath or other door decoration for an added eye catcher. 

3. Add Porch Seating – Invite guests to pull up and stay awhile with cozy porch furniture. Rocking chairs or a bench are both great options. 

4. Install Outdoor Lighting – Light the walkway to your home with outdoor solar lighting. Hang porch string lights as well. 

5. Refresh Plant Beds – Remove old leaves, plant fresh flowers, and remove weeds. Use stones or concrete blocks to edge the planter. 

6. Install A New Gate – a charming and attractive new gate can welcome visitors into your yard. 

7. Renew Paint – Refresh the exterior paint, and replace any old or rotting siding. 

8. Upgrade House Numbers – Do you have worn house numbers? Replacing them is a cheap and quick fix, taking no more than 30 minutes. 

Why Zillow Home Values Should Not Be TrustedWhy Zillow Home Values Should Not Be Trusted

One of the most common questions I get is, “how accurate are Zillow home value estimates?”

The majority of the time, these Zillow home values a.k.a. “Zestimates” are NOT accurate. Zestimates are created by an automated system that cannot think for itself, or account for variations or unique characteristics that can alter the price.

One of the factors impacting the Zillow Zestimate is the property’s assessed value from tax records. Rarely does assessed home value have a correlation to market value. Assessed values are used by the county to collect taxes.

Another data point that Zillow uses is the most recent selling price of a property. The market is changing so quickly and a sale price that is years old is no way to estimate the current value of a home.

Zillow estimates the values of over 100 million homes across the country. It would be impossible for them to predict the value of each home accurately. Zillow does not enter properties but relies on their system instead. They have no idea that you spent $50,000 renovating your kitchen and bathrooms. Zillow also doesn’t know if you have a $20,000 structural crack in your foundation, or if your roof needs replacement. They also have not idea if your home is in a desirable area.

Zillow can be a useful tool, but it does not provide adequate accuracy on home prices to be used exclusively.  Want to know the accurate market value of your home? Call Carrie Summers with Colorado Ranch & Home Realty 970-759-2540.