5 Fun Colorado Decorating Ideas

Time to change up your décor? Since you live in Colorado, paying homage to the state in your decorating isn’t a bad idea. You don’t have to go totally mountain rustic, but use your imagination in how to weave in bits and pieces of the beauty and history of the state.

If you want to change up room colors, use the beautiful mountains for ideas

5 Fun Colorado Decorating IdeasBeautiful blue skies, slate grey of the high mountains, cool browns of the rich earth and evergreen trees make for amazing inspiration. Just paint alone can give you a great Colorado feel. Calm blue walls, with touches of deep green and brown will give you a mountain feel. The greys and even burgundy streaks of slate can make a room special. Use your imagination and take your cue from your surroundings.

Want more Colorado touches?

Add touches of wood. Beautiful hardwood floors, exposed ceiling beams or wood mantle will make the home feel more rustic. If you have a fireplace that is brick, cover it with slate or stone. You can go as rustic as you want from just a bit here and there to total cabin feel.

Don’t forget the history of Colorado in your décor!

The railroad was huge. Native American tribes and cowboys make the list. Search at estate sales, antique shops or thrift stores to find that perfect piece to tie in Colorado history in your home.

Do some research in your local library to see if there is something special or specific to your town and see how you can make that part of your decorating plan.

Is It Time To Sell Your “Upside Down” Rental Property

You had the perfect home, then the bubble burst. All of a sudden your perfect home was an upside down home that had Is It Time To Sell Your "Upside Down" Rental Propertyyou so far underwater you were drowning, and unable to sell. So you moved out and rented it out in order to pay the mortgage. Now the market is rebounding and your upside down home is finally righting itself. So is it time to sell?

The answer is easy, but complicated

The easy answer is yes, if the value of your home now exceeds the mortgage balance. The complicated answer is with tenants there you may not want to or be able to sell right away. Not right away because you probably have a lease in place that requires notice. Notice requirements won’t stop listing the home, but will add time to when you can sell. That aside, your tenants saved your butt when values tanked and made it possible to keep your property instead of losing it and your credit rating to foreclosure. Just throwing them out would be rude.

So what can you do?

If you’ve decided to sell you can sell with the tenant in place. For a buyer looking for an investment property, that’s a huge plus. They don’t have to find a tenant. No down time, income immediately. If you don’t want to sell it as an investment property then you’ll need to move your tenant out. You’ll need to work with your tenant to help them find another place to live. This is especially true if your tenant was a good one. Work with your Realtor to help them out.

Remember that this sale isn’t all about you

Another person or family is affected as well. If you alienate them they can make your sale particularly difficult, long and expensive. So, be kind to your tenants. Help them and you can finally be out from under your upside down home.

Want more info? Give Denver Realty and Rentals a call today! 303-452-5853

Can You Rent a Home You Have Lived In?

Can You Rent a Home You Have Lived In? Sometimes the idea of not selling your home and moving is a possibility. How? By renting your home and paying that mortgage while you move to a new home. Sounds great on paper, but can you rent a home in which you have lived?Sometimes the idea of not selling your home and moving is a possibility. How? By renting your home and paying that mortgage while you move to a new home. Sounds great on paper, but can you rent a home in which you have lived?

We’re not talking legally. Legally you probably can (although a quick call to the county or municipality about what you may need to do is in order), but can you rent it to someone else and be ok emotionally?

First ask yourself an important question: can you detach yourself from the home?

Can you remove your emotional attachment to a place that has been home for years? It’s harder than you think. Every room has memories attached.

If you raised your children in that home every wall has precious memories infused into them. Can you stand the thought of owning it and having other people living there, changing things and making it theirs?

One thing you shouldn’t do to make it easier to rent it is “awful-ize” it

Don’t redecorate to make it look worse to make you feel better. Don’t remove things from the home, such as expensive upgrades you made to it, and put in less expensive ones.

Yes, a tenant might damage your property, but that’s the chance you take. Keep it in great condition. You wouldn’t do that to sell it, so don’t do it to rent it either.

Access to the property

Once you sign that lease you no longer have unlimited access rights to the property. That lease provides for your tenants a right to “quiet use and enjoyment” of the property.

That means that you can’t drop by whenever you want. It means that they can do what they would like, within reason and lease restrictions, with the property. It’s not your home any longer, so just walking in when you want is not allowed.

The Perfect Colors To Use In Your Colorado Decorating

Decorating your home is always a personal decision. Your own mood and style play a huge role in what you choose. However different areas of the country have different stylistic choices as well.

Colorado is no different. With the expansive mountains setting a gorgeous backdrop for many homes here taking a cue from nature is always a good idea.

Colorado rustic decor

A lot of the décor in Colorado is more rustic in theme. If your home has those kinds of touches: wood ceiling beams, The Perfect Colors To Use In Your Colorado Decoratinglarge stone fireplaces, wood flooring and cabinetry throughout; painting a darker color will make the room feel closed in and smaller.

Cozy is one thing, smothered is another. Try using white, pale greys or pale beiges for wall and ceiling colors. It will make the space feel larger and brighter.

If you have stone touches, like a fireplace, take the cue from that to find your tone. If the stones are more grey/slate, go white or pale grey; if more red/orange toned think ivory or beige.

When deciding on colors, think about the outdoors

The light blue of the sky, white of the clouds, deep evergreen of the mountains. Choosing blues and greens give a calmer feeling in a room. You could also think of the warmer hues of the sunshine, the warm tones of the wood and stone. These give the room and your home a friendly, inviting feeling.

Keep these tips in mind as well

Dark or bright colors aren’t taboo. Use them for pops of color with pillows or furnishings. Accent walls are another great way to pull darker or brighter colors into a room. Don’t do that if the room is already small or has a low ceiling or you’ll make it feel closed in.

State of the Denver Residential Home Market – March 2017

If you’ve ever wondered if weather affects the real estate market, this late winter is proof positive. The spring selling season has gotten off to an early start due to unseasonably warm weather. Pair that with low inventory and high demand and you’ve got a great spring seller’s market in Colorado. It makes a difference in the tactics of the listing Realtor.

Activity declines during the winter

State of the Denver Residential Home Market - March 2017Usually the amount of activity for listings in the residential home market in the area declines during the winter. For instance, February saw a total of 3,878 units and the number of sales decreased by 12.21% compared to the previous month. The difference this rather warm February was that even though listings were lower, condo inventory was up 19.25% with single-family inventory down 7.6%. This caused extreme competition and frustrated buyers.

Median home details

So in the single family home market, the median home looks like this: detached single-family home has 1,742 square feet, four bedrooms, three bathrooms, spent 11 days on the market and was built in 1983. The median attached single-family home/condo was 1,151 square feet, two bedrooms, and two bathrooms, spent six days on the market and was built in 1984. These median homes sold for an amount that remained relatively unchanged at $447,838 while the median price rose 3.68 percent to $394,000.

This February

This February there was a surge of new listings with a monthly increase of almost 20%. Of course that increase was overshadowed by an even bigger increase in contracts. We’re talking to the tune of homes under contract increasing 17.82% from last month, and 4.79% from February of last year.

So what does this say? It says don’t be afraid to list. It’s needed and your home will sell.

source: Denver Metro Real Estate Market Trends Report – March 2017