Nicole Happel

bourke-exterior

5750 Bourke DR Colorado Springs CO 80919

Nicole Happel

3D Tour 5750 Bourke DR Colorado Springs CO 80919

Photos do a great job of showing each room of a home, but a video does a great job of showing how the house flows. Travel room to room in this home through the virtual tour.

This Home's Great Features

Built in 1983, this charming tri-level located in the desirable Northwest area features 3 bedrooms, 2 baths, vaulted ceilings, formal living room, spacious family room with wood fireplace, updated bathrooms, some new windows, new patio door, large yard with mature trees and plenty of privacy! Great location...up the street from Pinon Valley Park. Near trails, schools and shopping!

3

Bedrooms

2

Bathrooms

1,372

Sq Ft

4,950

Lot Sq Ft

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Colorado Springs School District D11 Schools

This home is located in the D11 Colorado Springs School District. Here is some additional information about the schools in this district.

Colorado Springs School District 11
1115 N. El Paso Street
Colorado Springs, CO 80903
(719) 520-2000
Espanol: (719) 520-2012
Automated System for Recorded Information:
(719) 520-2300 or 1-866-433-8411 from outside the calling area.
Website – www.d11.org

Elementary Schools

Middle Schools

High Schools

Northwest Area Market Value

This home is located in the Northwest area of Colorado Springs. Here is some additional information about the home values in this area.

Median Sales Price for Northwest

Northwest Days on Market

Northwest Sales Price to List Price Ratio

Northwest Sales Statistics

Learn more about the Northwest Neighborhood

Contact Us with Questions About this Home

ashwood-exterior

3450 Ashwood CR Colorado Springs CO 80906

Nicole Happel

3D Tour 3450 Ashwood Circle Colorado Springs CO 80906

Photos do a great job of showing each room of a home, but a video does a great job of showing how the house flows. Travel room to room in this home through the virtual tour.

This Home's Great Features

Located on one of the largest lots in the neighborhood, this spacious 2-story home offers plenty of privacy w/ no neighbors in back. Features brand new wood laminate floors and new carpet, formal living and dining rooms, cozy family room w/ fireplace, 5 good sized bedrooms, finished basement, central air, oversized garage, radon system, and all appliances stay!

Great location...close to Quail Lake, shopping and schools!

5

Bedrooms

4

Bathrooms

2,593

Sq Ft

14,475

Lot Sq Ft

Schools

HOA/Covenants

Lot Map

Monthly Utilities

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Southwest Area Market Value

This home is located in the Southwest area of Colorado Springs. Here is some additional information about the home values in this area.

Median Sales Price for Southwest

Southwest Days on Market

Southwest Sales Price to List Price Ratio

Southwest Sales Statistics

Learn more about the Southwest Neighborhood

Contact Us with Questions About this Home

DCIM100MEDIADJI_0016.JPG

3113 N Prospect ST Colorado Springs CO 80907

Nicole Happel

3D Tour 3113 N Prospect ST Colorado Springs CO 80907

Photos do a great job of showing each room of a home, but a video does a great job of showing how the house flows. Travel room to room in this home through the virtual tour.

This Home's Great Features

Built in 1961, this charming stucco home is right across from a park and features 4 bedrooms, 2 baths, plenty of living space, wood floors, newer vinyl windows, stainless appliances, attached 2 car garage, rear wood deck and large fenced backyard. A new roof is being installed. Enjoy the convenient downtown location...walk to nearby park, shops and restaurants!

4

Bedrooms

2

Bathrooms

1643

Sq Ft

7577

Lot Sq Ft

Schools

HOA/Covenants

Lot Map

Monthly Utilities

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Colorado Springs School District D11 Schools

This home is located in the D11 Colorado Springs School District. Here is some additional information about the schools in this district.

Colorado Springs School District 11
1115 N. El Paso Street
Colorado Springs, CO 80903
(719) 520-2000
Espanol: (719) 520-2012
Automated System for Recorded Information:
(719) 520-2300 or 1-866-433-8411 from outside the calling area.
Website – www.d11.org

Elementary Schools

Middle Schools

High Schools

Downtown / Central Area Market Value

This home is located in the Downtown / Central area of Colorado Springs. Here is some additional information about the home values in this area.

Median Sales Price for Central

Central Days on Market

Central Sales Price to List Price Ratio

Central Sales Statistics

Learn more about the Central Neighborhood

Contact Us with Questions About this Home

vale-exterior

106 Vale St Palmer Lake CO 80133

Nicole Happel

3D Tour 106 Vale St Palmer Lake CO 80133

Photos do a great job of showing each room of a home, but a video does a great job of showing how the house flows. Travel room to room in this home through the virtual tour.

This Home's Great Features

Built in 2003, this spacious townhome located in desirable Palmer Lake backs to open space with scenic mountain views! Interior features gas fireplace, large kitchen with eat-in nook and newer appliances, pantry, 2 good sized upper-level bedrooms plus an additional bedroom and private bath in basement, attached garage and upper-level laundry. Great location...near hiking trails and rock formations!

3

Bedrooms

3

Bathrooms

1483

Sq Ft

635

Lot Sq Ft

Schools

HOA/Covenants

Lot Map

Monthly Utilities

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Lewis Palmer School District D38 Schools

This home is located in the D38 Lewis Palmer School District. Here is some additional information about the schools in this district.

Lewis Palmer School District 38
146 Jefferson St.
Monument, CO 80132
(719) 488-4700
Website – http://www.lewispalmer.org

Elementary Schools

Bear Creek Elementary
Ray E. Kilmer Elementary
Prairie Winds Elementary
Lewis Palmer Elementary
Palmer Lake Elementary
Monument Academy

Middle Schools

Lewis Palmer Middle School
Monument Academy

High Schools

Lewis Palmer High School
Palmer Ridge High School

TriLakes / Monument Area Market Value

This home is located in the TriLakes / Monument area of Colorado Springs. Here is some additional information about the home values in this area.

Median Sales Price for TriLakes

TriLakes Days on Market

Trialkes Sales Price to List Price Ratio

TriLakes Sales Statistics

Learn more about the TriLakes Neighborhood

Contact Us with Questions About this Home

homeowners insurance refund check

Getting Your Homeowner’s Insurance Refund

No one likes to leave money on the table at the end of a real estate transaction. During the sale process, home sellers can get so focused on the big items like purchase price, inspection items and closing costs they miss the smaller items that can actually enhance their bottom line as well.

One of the most overlooked items in this category is homeowners insurance. This is because so few homeowners understand how homeowners insurance works and more importantly what happens to the policy when they sell their home.

If you had a mortgage on your home, you also had a homeowners insurance policy that would have been required by your lender. Additionally, unless you made a substantial down payment, more than 20%, your mortgage lender would have paid your insurance and taxes through an escrow fund they set up.

If you remember when you purchased the property, there was a category of closing costs referred to as “Prepaids”. The first year of Property Insurance was included in this category.

Each month when you made your payment a small portion went towards the next year’s homeowners insurance policy, that money was deposited into the escrow account that your lender maintained. Annually when these expenses came due, your lender paid them for you.

There are essentially two categories of insurance monies. The first is what you’ve paid into your current years escrow account. After the sale of your home, your lender should automatically mail you a refund check for the monies still sitting in your escrow account. That check usually arrives within 3-6 weeks of closing.

The second type of money is what you have already prepaid. The insurance company already has this money. When you sell your home, there will most likely be a surplus of funds from months you won’t own the house.This surplus is what you are looking to get back from the insurance company.

Example, if your homeowners policy begins every November 1st, then your annual premium is paid at that time, for the upcoming 12-months. If you sell your home six months later, you have only used six months worth of your policy. Since you have already paid for the entire year, a refund is now due for the unused portion.

In order to get this money, you are going to need to actually cancel the Homeowner’s Insurance policy. If you do not actually cancel the policy, then the premium already paid will not be refunded.

    1. Determine your mortgage anniversary date-This is generally your closing date. Find your original closing documents. If you can’t find your closing documents, your Realtor can help you find these documents as well as Supply you with your closing date.
    2. Check your escrow account– Do this to see how much you paid your insurance company check your statement or online portal for your account.
    3. Calculate the unused portion of your policy based on your closing date-You do this by taking the total policy amount paid (#2) and dividing it by 365 days, this will give you your per day policy rate. Now add up them remaining days in the year after your closing date. Multiply this number by your per day policy rate
    4. Contact your insurance provider– To cancel policy and initiate the cancellation and refund
    5. Keep your Personal Property Covered-Don’t forget to make sure you have some kind policy in place to cover your personal property.

The insurance company has to be notified in order to cancel the policy. Once you do that, they have to refund the portion of the year’s policy which you did not use.

You should call your insurance Agent or Carrier’s Customer service line. Each company handles cancellations differently. Some might ask you to sign a document, formally indicating the desire to stop coverage while others might want you to write a letter stating your intent.

While you’re on the phone, it’s also a good idea to discuss coverage options for your personal property during the moving process. Unless you have a specific policy in place, once the homeowners policy goes away, so does the coverage on your personal property. Moving and storing stuff often leads to unexpected damages, so it’s best to have some type of coverage in place to protect your property.

If you have any other questions, feel free to give me a call.

kingston-heath-exterior

9167 Kingston Heath RD Peyton CO 80831

Nicole Happel

3D Tour 9167 Kingston Heath RD Peyton CO 80831

Photos do a great job of showing each room of a home, but a video does a great job of showing how the house flows. Travel room to room in this home through the virtual tour.

This Home's Great Features

Built in 2005, this spacious stucco rancher backs to open space, a pond and natural preserve! Home features vaulted ceilings, hardwood floors, large kitchen with granite counters, 42"uppers, island, gas range, two fireplaces, finished basement with 2 large bedrooms, rec room, wet bar, security system, A/C, air purifier, large deck and oversized garage with built-in shelving. Professionally landscaped yard includes flowering shrubs, mature trees and auto sprinkler. Great location...near to trails, rec center & neighborhood pools!

5

Bedrooms

3

Bathrooms

3738

Sq Ft

7875

Lot Sq Ft

Schools

HOA/Covenants

Lot Map

Monthly Utilities

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Falcon North Area Market Value

This home is located in the Falcon North area of Colorado Springs. Here is some additional information about the home values in this area.

Median Sales Price for Falcon North

Falcon North Days on Market

Falcon North Sales Price to List Price Ratio

Falcon North Sales Statistics

Learn more about the Falcon North Neighborhood

Contact Us with Questions About this Home

coyote-willow-exterior

79 Coyote Willow Dr Colorado Springs CO 80921

Nicole Happel

3D Tour 79 Coyote Willow DR Colorado Springs CO 80921

Photos do a great job of showing each room of a home, but a video does a great job of showing how the house flows. Travel room to room in this home through the virtual tour.

This Home's Great Features

Want views? Enjoy Pikes Peak and AFA views and city lights from this stunning Stucco & Stone Rancher! Built in 2015, this semi-custom home features main level great room with 10' ceilings and gas fireplace with stone surround, hand troweled walls/ceilings, crown molding, slab granite counters throughout, white and birch cabinetry, oil-rubbed bronze hardware and lighting, Finished basement w/ second master suite, Spacious Master w/ Luxurious 5-Piece Bath & Walk-in Closet, Sonos Stereo system with built-in speakers, Security system, Central air, Dual zone high efficiency heating system, 3 Car Finished & Heated garage, 18x11 Covered Concrete Patio, and tasteful landscaping with stamped concrete, boulders & mature trees! Great D-20 location...near to schools, shopping and restaurants!

5

Bedrooms

4

Bathrooms

4060

Sq Ft

10629

Lot Sq Ft

Schools

HOA/Covenants

Lot Map

Monthly Utilities

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Northgate Market Value

This home is located in the Black Forest area of Colorado Springs. Here is some additional information about the home values in this area.

Median Sales Price for Northgate

Northgate Days on Market

Northgate Sales Price to List Price Ratio

Northgate Sales Statistics

Learn more about the Northgate Neighborhood

Contact Us with Questions About this Home

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desoto-exterior

6103 Desoto DR Colorado Springs CO 80922

Nicole Happel

3D Tour 6103 Desoto DR Colorado Springs CO 80922

Photos do a great job of showing each room of a home, but a video does a great job of showing how the house flows. Travel room to room in this home through the virtual tour.

This Home's Great Features

Tasteful 2-story home on one of the largest lots in neighborhood! Features front porch, formal living and dining room with wood laminate floors, vaulted ceilings, gas fireplace, family room off kitchen, eat-in kitchen with stainless appliances, 4 spacious bedrooms, 5 piece master bath, new roof, new backyard landscaping including auto sprinkler, trees, lush lawn, fire pit and even a play area! Large unfinished basement is perfect for future expansion. Great location...walk to nearby park and elementary school. Near to shopping!

4

Bedrooms

3

Bathrooms

2,864

Sq Ft

8,480

Lot Sq Ft

Schools

HOA/Covenants

Lot Map

Monthly Utilities

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Powers Area Market Value

This home is located in the Powers area of Colorado Springs. Here is some additional information about the home values in this area.

Median Sales Price for Powers

Powers Days on Market

Powers Sales Price to List Price Ratio

Powers Sales Statistics

Learn more about the Powers Neighborhood

Contact Us with Questions About this Home

Does Your Home Have a Firewall?

Last Wednesday on November 15th this home in Rapid City, South Dakota sustained minimal fire damage. The damage could have been much worse and completely destroyed the entire home were it not for the firewall which saved it.  Most people don’t understand what is a firewall in a house. A firewall is a fire-resistant barrier used to prevent the spread of fire for a prescribed period of time. In this case, the firewall between the storage area and living space was able to contain the fire and prevent it from consuming the whole house.

Houses usually have a firewall between the garage and the interior living space. This firewall consists of fire rated sheetrock which can contain a burn up to one hour before it penetrates the interior of the home. The intent of it is to slow the spread of fire from the garage to the living space.

In order to accomplish this, several components of a house must be made of fire resistive materials, and all must be working together for the system to work. Drywall used on the garage side of walls shared with living space must have a one hour fire resistive surface.

Firewall House: What is a Firewall in a House

If the garage ceiling is not covered with drywall, then the common walls between the garage and living space must be covered all the way up to the underside of the roof sheathing. You may see open rafters in the garage which is OK as long as there is no living space above the garage. In this example, if a fire starts in the garage, it cannot easily spread to the living space or the attic above the living space. It will be contained in the garage.

If there are breaches in the firewall they must be addressed to restore the integrity of the firewall. A breach in firewall could be a hole or crack in the sheetrock or even voids where sheetrock is missing altogether. Smaller breaches could include a missing switch plate cover to an electric outlet.

When a buyer gets a home inspection, the inspector will examine the firewall(s) in the home ensuring they are intact. Any voids will be noted as hazardous and should be addressed between buyer and seller prior to closing.

Sheetrock isn’t something we think about every day. And most of us don’t go around wondering if our sheetrock can contain a fire. But I’m sure the owners of this Rapid City home are grateful their sheetrock was intact and worked properly.

fall-foliage

2017 Real Estate Market Heads Strong into the Fall

This year Colorado Springs real estate market made the list of top 10 cities in the nation for hottest real estate markets, according to Realtor.com, and it’s no wonder.  Home prices continue to rise. Home sales are abundant. And there is significantly less inventory (homes for sale) than in years past. Here is a breakdown of what is happening in our little boom town this year.

Single Family Home Sales =  UP 5.6% over last year

Average Price for a Home =  UP 11.2% over last year (currently at $313,652)

Total Homes for Sale =  DOWN 15% from last year

Condo/Townhome Sales = UP 15% over last year

Average Price for a Condo/Townhome = UP 10.5% over last year (currently at $193,564)

Total Condos/Townhomes for Sale = DOWN 25.9% from last year

Supply is low. Demand is high. More buyers are buying and relocating here. And there are less homes for them to choose from. Competition is steep, driving home prices way up. Bidding wars are the norm, especially in the under $500,000 price range.

I recently had two listings which received multiple offers within 24 hours of going on market. And both ended up selling for above asking price!  We call this a seller’s market where homes sell fast and at top dollar.  Buyers, on the other hand, are at a disadvantage. They have less homes to choose from and prices are higher than ever.  The only fortunate thing is interest rates remain low, enabling buyers to qualify for higher amounts.

The big question? Will this trend continue?  And for how long? My belief is we will see this robust market for awhile, and definitely well into next year.  But eventually there will be a correction. History has proven markets like this always correct at some point. If you are looking to buy or sell and want to find out more about the market, give me a call.

This year Colorado Springs real estate market made the list of top 10 cities in the nation for hottest real estate markets, according to Realtor.com, and it’s no wonder.  Home prices continue to rise. Home sales are abundant. And there is significantly less inventory (homes for sale) than in years past. Here is a breakdown of what is happening in our little boom town this year.

Single Family Home Sales =  UP 5.6% over last year

Average Price for a Home =  UP 11.2% over last year (currently at $313,652)

Total Homes for Sale =  DOWN 15% from last year

Condo/Townhome Sales = UP 15% over last year

Average Price for a Condo/Townhome = UP 10.5% over last year (currently at $193,564)

Total Condos/Townhomes for Sale = DOWN 25.9% from last year

Supply is low. Demand is high. More buyers are buying and relocating here. And there are less homes for them to choose from. Competition is steep, driving home prices way up. Bidding wars are the norm, especially in the under $500,000 price range.

I recently had two listings which received multiple offers within 24 hours of going on market. And both ended up selling for above asking price!  We call this a seller’s market where homes sell fast and at top dollar.  Buyers, on the other hand, are at a disadvantage. They have less homes to choose from and prices are higher than ever.  The only fortunate thing is interest rates remain low, enabling buyers to qualify for higher amounts.

The big question? Will this trend continue?  And for how long? My belief is we will see this robust market for awhile, and definitely well into next year.  But eventually there will be a correction. History has proven markets like this always correct at some point. If you are looking to buy or sell and want to find out more about the market, give me a call.

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