Colorado Springs homes' have really low utility bills. In fact, in a recent cost of living study, Colorado Springs "combined electric and natural gas monthly bills ranked ninth lowest among the 311 participating nationwide." The national average monthly utility bill is $178. a month.

Among other Colorado cities, Colorado Springs is the cheapest, with an average ersidential bill of just $120. a month. Colorado average is $144. a month.

Here is the breakdown of average residential bills for Colorado cities:

• Colorado Springs $120
• Boulder $154
• Denver $155
• Grand Junction $156
• Greeley $141
• Gunnison $147
• Loveland $131
• Pueblo $149

Read the full report here: Colorado Springs Utilities Rates and Regulations

Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Clients Choice Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs

The Colorado Springs Real Estate Connection welcomes the Wermers Allstate Insurance Agency as they answer some fequently asked questions about Homeowner's Insurance.

Q: How can I save money on my homeowners insurance?
A: Raising your deductible is one way to save money. Consider a deductible of at least $500 or even $1,000. You could also save by insuring both your home and car with the same company or qualifying for other discounts.

Q: I have a policy with "replacement cost." Does that mean my insurance will pay to rebuild my home?
A: Typically, replacement cost means your insurance will pay the cost (up to the policy limits) of rebuilding or repairing your Colorado Springs home without a deduction for depreciation. However, it may not take into consideration price increases for labor and supplies. A policy with extended replacement costs may provide better protection by paying a percentage over the limit to rebuild your home. For example, if you purchased insurance with an extended replacement costs of 20% on a $200,000 policy, you could get up to an extra $40,000 in coverage to pay for the additional expenses of replacing your home.

Q: If I file a claim, do I have to work with the insurance company's contractors?
A: The process for selection of a repair company may vary by your insurance company. With Allstate, you can choose the repair firm, and an Allstate claim representative will work with them to agree to the cost. Or, you can choose the contractor participating in the Allstate vendor referral program, and workmanship guarantee will be issued on behalf of the vendor for up top three years from the date the repairs on your Colorado Springs home are completed.

Q: Does a homeowner's policy include flood insurance?
A: Homeowners polices usually do not provide coverage for flood damage. However, if your community participates in the National Flood Insurance Program, you may be able to purchase flood insurance from a local insurance company. The cost varies based on a number of factors. What happens if you decide not to buy this type of insurance and your home is flooded? You'll only receive federal disaster assistance if the flood is declared a disaster by the U.S. President. The assistance is typically a loan, which must be paid back with interest. If you buy flood insurance from an insurance company, claims are paid even if the U.S. President does not declare a disaster. Better yet, there's no payback requirement.

For more information on Homeowner's Insurance in Colorado Springs, please contact the Wermers Allstate Insurance Agency at
(719) 264-9272 or visit their Allstate Website.

Here is the July 2008 report for the Stetson Hills Real Estate Market. For more information on Stetson Hills and to view the full report, please visit the Stetson Hills Real Estate Blog.

Single Family Homes in Stetson Hills

• There are currently 305 Stetson Hills homes for sale Colorado Springs.
  • Price Range: $43,900 - $499,900
  • Median Price: $225,000
  • Average Days on Market: 119 days
    
• As of August 13, 2008, there are 66 homes under contract in Stetson Hills.
  
• From 7/1/2008 - 7/31/2008, 61 single family homes SOLD in Stetson Hills.
  • Median Sales Price: $225,000
  • Average Sales Price: $237,205
  • Sale Price to List Price Ratio: 97.4%
  • Average Days on Market: 106 days (1-788 days)
  • 39 of the 61 sales were VA or FHA government loans

Townhomes and Condos in Stetson Hills

• There are currently 29 townhomes and condos for sale in Stetson Hills, Colorado Springs.
  • 8 Condos and 21 Townhomes
  • Price Range: $124,900 193,695
  • Median Price: $160,000
  • Average Days on Market: 131 days

• From 7/1/2008 7/31/2008, 4 townhomes and condos sold in Stetson Hills.
  • 2 Condos and 2 Townhomes
  • Price Range: $133,500 - $165,695
  • Median Sold Price: $147,950
  • Average Days on Market: 73 days (48-119 days)
    Down from 98 days in June
  • 2 VA loans and 2 conventional loans

Posted By: Mariana Wagner Wagner iTeam at Keller Williams Clients Choice Realty
Colorado Springs Real Estate Agent Stetson Hills Real Estate Expert

The north Colorado Springs real estate market for July 2008 includes the Colorado Springs MLS areas of Black Forest, Briargate, Northgate, Northeast and Northwest Colorado Springs.

Black Forest - Colorado Springs Real Estate Market - July 2008

Single Family Homes in Black Forest

• Active homes for sale: 472
• Homes sold in July 2008: 39
• Average Sale Price: $304,339
• Median Sale Price: $302,500
• Average Days on Market: 86 days
• Average Sale Price/List Price: 97.9%

The Black Forest real estate market is made up of several Colorado Springs neighborhoods, to include: High Forest Ranch, Black Forest Reserve, Pine Cone Acres  and Cathedral Pines.

Search Homes for Sale in Black Forest

Briargate - Colorado Springs Real Estate Market - July 2008

Single Family Briargate Homes

• Active homes for sale: 352
• Homes sold in July 2008: 81
• Average Sale Price: $317,093
• Median Sale Price: $300,000
• Average Days on Market: 106 days
• Average Sale Price/List Price: 97.4%

Townhomes and Condos in Briargate

• Active homes for sale: 47
• Homes sold in July 2008: 5 
• Average Sale Price: $196,900
• Median Sale Price: $208,000
• Average Days on Market: 35 days
• Average Sale Price/List Price: 97.3%

The Briargate real estate market is made up of several Colorado Springs neighborhoods, to include: Wolf Ranch, Cordera, Charleston Place, Fairfax, Pine Creek and other smaller Briargate neighborhoods.

Search Homes for Sale in Briargate

Northgate - Colorado Springs Real Estate Market - July 2008

Single Family Northgate Homes

• Active homes for sale: 242
• Homes sold in July 2008: 32
• Average Sale Price: $390,348
• Median Sale Price: $372,000
• Average Days on Market: 107 days
• Average Sale Price/List Price: 96.8%

Townhomes and Condos in Northgate

• Active homes for sale: 17
• Homes sold in July 2008: 8
• Average Sale Price: $231,265
• Median Sale Price: $223,673
• Average Days on Market: 51 days
• Average Sale Price/List Price: 83.4%

The Northgate real estate market is made up of several Colorado Springs neighborhoods, to include: Trail Ridge, Flying Horse and Gleneagle.

Search Homes for Sale in Northgate

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The east Colorado Springs real estate market for July 2008 includes the Colorado Springs MLS areas of East, Powers Area, Southeast and Northeast Colorado Springs.

East Colorado Springs Real Estate Market - July 2008

Single Family Homes in East Colorado Springs

• Active homes for sale: 274
• Homes sold in July 2008: 48
• Average Sale Price: $186,339
• Median Sale Price: $168,450
• Average Days on Market: 58 days
• Average Sale Price/List Price: 98.2%

Townhomes and Condos in East Colorado Springs

• Active homes for sale: 274
• Homes sold in July 2008: 13
• Average Sale Price: $100,798
• Median Sale Price: $88,500
• Average Days on Market: 100 days
• Average Sale Price/List Price: 94.5%

The East Colorado Springs real estate market is made up of several Colorado Springs neighborhoods, to include: Village Seven, Villa Loma and Old Farm.

Search Homes for Sale in East Colorado Springs

Powers Area - Colorado Springs Real Estate Market - July 2008

Single Family Homes in Powers Area Colorado Springs

• Active homes for sale: 500
• Homes sold in July 2008: 94
• Average Sale Price: $231,630
• Median Sale Price: $227,000
• Average Days on Market: 106 days
• Average Sale Price/List Price: 98.1%

Townhomes and Condos in Powers Area Colorado Springs

• Active homes for sale: 85
• Homes sold in July 2008: 5
• Average Sale Price: $178,824
• Median Sale Price: $143,220
• Average Days on Market: 139 days
• Average Sale Price/List Price: 94.5%

The Powers Area Colorado Springs real estate market is made up of several Colorado Springs neighborhoods, to include: Greenhaven, Stetson Hills, Springs Ranch, Claremont Ranch and Cimarron Hills.

Search Homes for Sale in the Powers Area of Colorado Springs

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