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Real Estate Essentials Posts

Estes Park Sunset

Sunsets are beautiful but this one was incredible. Normally locals and tourists will pull over for Elk or other wildlife sightings but this time we all stopped to take in this extravagant view.

Photos taken by: Sean Gilliam Camera: Samsung Note 9

Longmont Market Update: July 2019

Want to know how prices are trending in Longmont? At the end of the video are average sales prices for Boulder, Larimer and Weld Counties. Mortgage interest rates are low so get in touch if you’re ready to purchase or sell your home.

Kind regards,

Sean Gilliam

New Listing: 31 Balsam Drive, Lyons, Colorado

Looking for that mountain retreat? Backing to National Forest, close to ATV trails, this home resides in the private mountain community of Big Elk Meadows. This community has a heated pool, several stocked lakes for fishing and kayaking, tennis courts, a basketball court, horse boarding opportunities and a designated area for hunting for members only. Easy access to Rocky Mountain National Park, Estes Park, Lyons and Boulder, this is a perfectly located mountain getaway for you.

You’re own mountain retreat!

New Listing: 47 Choctaw Road

Check out my new listing in Pinewood Springs!

Beautiful mountain home with panoramic views! This home has it’s own well, whole house water filtration system, reverse osmosis system for drinking water and energy efficient electric thermal storage heat. Large master bedroom on main floor that opens onto deck with walk-in closet and 5 piece master bath with in-floor radiant heat. Main floor laundry and oversized 2 car garage. Close to National Forest trailheads and an easy commute to Estes Park, Boulder, Longmont, Denver and the airport.

Longmont Market Update- April 2019

Want to see how the market is trending in Longmont? Just watch this video. Let me know if you have any questions.

About the author: Sean Gilliam is a Realtor® with RE/MAX Alliance in Northern Colorado.  Sean can be reached at seangilliam@remax.net or by phone at 970-313-6706.  For additional articles see Sean’s blog or to search for properties see his web page.

Interested in buying a home or selling your current home?  I am committed to your success.  Give me a call at 970-313-6706 to get started.

Want to Protest Your Home’s Property Tax Statement?


It’s that time again.  All homeowners are receiving the notice of valuation from our respective counties that we reside in.  Does yours seem a little high?  While our housing market has been appreciating in recent years, sometimes the county appraiser makes a mistake and values homes too high, thus causing your property tax that you will owe to go up significantly.  If you would like to protest, let’s set up a time to get together and review comparable sales to see if you have a good case to make.  Also, below is a link for the local county websites to help you get started with the process and give you more information about how it works. 

Larimer County:     https://apps.larimer.org/assessor/protest/

Boulder County:     https://www.bouldercounty.org/property-and-land/assessor/appeals/

Weld County:          https://www.co.weld.co.us/apps1/assessor/appeal/

How does the county come up with the valuation of your home? 

The county assessor looks at past sales in your area to come up with the valuation of your home.  Every odd-numbered year they send out a notice that tells you what their valuation of your home is and what your new property tax amount will be.  However, unlike in real estate, where we pull comparable sales from the last six months, they go back further in time.  For example, for our 2019 valuations, the county assessor reviewed sales from June 30, 2018 and went back twenty-four months to June 30, 2016.  Bear in mind, the county assessor looks at data from public records, they don’t go out to each home and compare them according to their specific location, views, amenities, finishes and other aspects that have an important impact on a home’s value.  As such, there is the potential for error in their calculations.  Your local county gives you the opportunity to protest their valuation of your home.  They also give you a time limit in which to do so, usually giving you until June 1st or 3rd, depending on your county.  In addition to information related to your property, they will want supporting evidence to establish why you think your property’s valuation is lower than what they assessed.  This is where I can help you.  I can pull comparable sales and look at the finer details to see which homes are good comps and then we can see if they justify you protesting the county’s valuation. 

If you would like to protest, let’s talk and we can review your case.  You can reach me at 970-313-6706 or send me an email at seangilliam@remax.net.

About the author: Sean Gilliam is a Realtor® with RE/MAX Alliance in Northern Colorado.  Sean can be reached at seangilliam@remax.net or by phone at 970-313-6706.  For additional articles see Sean’s blog or to search for properties see his web page.

Interested in buying a home or selling your current home?  I am committed to your success.  Give me a call at 970-313-6706 to get started.

Business photo created by freepik – www.freepik.com

When is the Best Time to Sell Your Home?

We all want to get the most money for our home and sell it in a short amount of time.  Statistically, when is the best time to put your home on the market?  Spring is the prevailing opinion.  Looking at the data from the Multiple Listing Service, Average Sales Price goes up, the Sale Price vs. List Price percentage goes up and the Days on Market figures go down between March and June typically. 

If you have the option to time the sale of your home, Spring is the best time to do it.  As an agent I would look at the hyper local data (i.e. local neighborhood) to see when homes start selling in your specific area.  However, not everyone has this luxury.  There are many other factors involved that don’t allow you to “time the market”.  Job transfers happen at all times of the year, family changes occur unexpectedly and sometimes you’re just not ready to make a move in the Spring.  Not to worry, most markets have another spike in home sales in the Fall.  Along the Front Range of Colorado that is typically in September and October. 

It is important to note that we are in a shifting, or normalizing market here in Colorado.  This is evidenced in flatter price appreciation of homes, more days on the market before going under contract and more price reductions.  While the market here has greatly appreciated in recent years, buyers are pushing back on what they are willing to spend.  If they have to spend $500,000 on a home, they want nice amenities such as backing to open space, nicely remodeled, a great yard, etc.  In other words, they will pay the price for the best homes in the neighborhood but not so much for the average home on the block.  As a seller, this is important to know so that you’re expectations of the market are on target.  You may need to price your home more conservatively depending on the circumstances. 

References:

IRES Multiple Listing Service https://ires-net.com/

About the author: Sean Gilliam is a Realtor® with RE/MAX Alliance in Northern Colorado.  Sean can be reached at seangilliam@remax.net or by phone at 970-313-6706.  For additional articles see Sean’s blog or to search for properties see his web page.

Interested in buying a home or selling your current home?  I am committed to your success.  Give me a call at 970-313-6706 to get started.

Longmont Market Update: March 2019

Want to see how the market is trending so far this year? Check out this video. Let me know if you have questions. Sean Gilliam, RE/MAX Alliance

About the author: Sean Gilliam is a Realtor® with RE/MAX Alliance in Northern Colorado.  Sean can be reached at seangilliam@remax.net or by phone at 970-313-6706.  For additional articles see Sean’s blog or to search for properties see his web page.

Interested in buying a home or selling your current home?  I am committed to your success.  Give me a call at 970-313-6706 to get started.