Mariana Wagner

Colorado Springs Real Estate Category

Colorado Springs Real Estate: Duplexes for Sale

(*Photo From: http://flickr.com/photos/grantmac/340884007/
Uploaded on January 1, 2007 by jgrantmac Flickr.com)

The Colorado Springs real estate market offers more than just single family homes for sale. In fact, there are some great opportunities to buy a home AND make some monthly income in the process.

If you are thinking of buying a home in Colorado Springs, have you ever considered buying a duplex?

Buying a duplex in Colorado Springs could give you the opportunity to live in one side, and rent out the other side. The rent from the other side can cover part of your mortgage payment, offering you a great opportunity to build equity AND have lower monthly expenses.

Right now (November 2011) there are 26 Duplexes for Sale in and around Colorado Springs. Prices range from $69,900 to $325,000 and rents range from $350 per unit to over $1,675 per unit. (Unit = one half of a duplex.) Some duplexes are 1 bed 1bath units, while others can be 3 bed 2bath units with private garages. It all depends on where in town you are buying and how old the duplex is.

Most duplexes in Colorado Springs can be found in the central/downtown part of town, but you will also find quite a few for sale in Old Colorado City (west Colorado Springs) and the Southwest part of town (near Fort Carson).

If buying a duplex in Colorado Springs sounds interesting, and you would like to know more about what kind of financing is available for duplexes, you can call us and we will direct you to a lender that can help you get approved: 719.434.7525

If you are interested in searching for Duplexes for sale in Colorado Springs, check out our Residential Colorado Springs Income Property Search [BELOW]. This search will include all types of residential income property for sale in Colorado Springs, including (but not limited to) duplexes.

Colorado Springs Income Property for Sale

Showing properties 1 - 5 of 111. See more Income Property.
(all data current as of 5/21/2012)

1. $237,900 : 110 W Cheyenne Rd, Colorado Springs
   
   0 beds, 0 baths

   Lot size: 15,699 sqft

   Listed with RE/MAX Properties, Inc.
2. $280,000 : 2610 King St, Colorado Springs
   
   0 beds, 0 baths

   Lot size: 11,100 sqft

   Listed with Plum Properties
3. $318,000 : 406 Columbia Rd, Colorado Springs
   
   0 beds, 0 baths

   Lot size: 10,324 sqft

   Listed with The Platinum Group
4. $190,000 : 112 S Murray Bl, Colorado Springs
   
   0 beds, 0 baths

   Lot size: 9,350 sqft

   Listed with Biggs Real Estate team
5. $178,900 : 1220 Cooper Av, Colorado Springs
   
   0 beds, 0 baths

   Lot size: 10,737 sqft

   Listed with RE/MAX Real Estate Group

Listing information deemed reliable but not guaranteed. Read full disclaimer.

[This is s re-post from an article written here in 2008. All information has been updated to reflect current MLS data.]

November 30th, 2011 by Mariana Wagner | 7 Comments »

55+ Communities in the Colorado Springs Real Estate Market

Colorado Springs is home to about several different 55+ communities. In addition to these age-restricted communities, there are other “active adult” neighborhoods, that are not strictly defined as 55+.

Here are some* of the available homes available for sale in 55+ retirement communities, in Colorado Springs:

Mackenzie Place Union Condos

• Location: Union and Circle
• HOA Dues: $250/month
• Dues Cover: fitness area, indoor heated pool, restaurant access, clubhouse, theater, 24-hour on-site staff and handyman, salon, exterior maintenance, snow and trash removal.
• Year Built: 2008
• Available Homes: Average home is 2 bed, 2 bath and sells for between the $200k’s-$300k’s.
• Pets: OK

Heritage Park Condos

• Location: Palmer Park and Union
• HOA Dues: $181/month
• Dues Cover: clubhouse, snow and trash removal
• Year Built: 1982
  
• Available Homes: Average home is 1-2 bedroom and 1 bathroom and sells for between $50k-$80k
• Pets: NO

Lutheran Village

• Location: Wooten and Galley
• HOA Dues: $87/month
• Dues Cover: clubhouse, snow and trash removal
• Year Built: 1987
  
• Available Homes: Average home is 2 bedroom and 2 bathroom and sells for about $85k
• Pets: OK

Elm Grove Villa

• Location: Bradley and Hancock
• HOA Dues: $80/month
• Dues Cover: lawn maintenance, snow and trash removal
• Year Built: 1984
  
• Available Homes: Average home is 2 bedroom and 1 bathroom and sells for about $80k
• Pets: OK

Brookdale Village at Skyline “Patriot Heights”

• Location: Lower Gold Camp Road
• HOA Dues: $206/month
• Dues Cover: gated community, pool, clubhouse, rec room, snow and trash removal
• Year Built: 1989
  
• Available Homes: Average home is 2 bedroom and 3 bathroom and sells for about $195k
• Pets: OK

Valley Hi

• Location: Airport and Chelton
• HOA Dues: $198/month
• Dues Cover: pool, clubhouse, exercise room, utilities, snow and trash removal
• Year Built: 1965
  
• Available Homes: Average home is 2 bedroom and 2 bathroom and sells for about $60k
• Pets: OK

Skyway Plaza

• Location: South 8th and Cheyenne Blvd.
• HOA Dues: $267/month
• Dues Cover: clubhouse, rec and exercise rooms, snow and trash removal
• Year Built: 1989
  
• Available Homes: Average home is 2 bedroom and 2 bathroom and sells for about $86k
• Pets: NO

Encore at Flying Horse - Active Adult Community

• Location: Flying Horse
• Year Built: NEW HOME COMMUNITY
  
• Available Homes: Prices start from the $320k’s. View available floor plans.
• Comments: Taken from the Encore website:
  “Whether you’re ready for retirement or simply want to enjoy the benefits of a rewarding active adult lifestyle, Encore offers a true sense of community where the club is the heart of the community and your neighbors become your friends.  With a selection of floor plans featuring stucco and stone exterior, these detached ranch-style homes come fully landscaped with sprinkler systems and the low cost HOA includes landscaping maintenance, snow removal and trash service.  Your new home purchase also includes a social/fitness membership to the Flying Horse Club and Spa.”

*Not all 55+ communities list their available homes for sale in the local MLS. Sale price info as of 2011 MLS data, and is subject to change. There are also several 55+ apartment/rental communities that are not listed here. For more information, please contact the Wagner iTeam. (719) 434-8346

An alternative to 55+ communities is buying a patio home. Patio homes are lower maintenance and there are several communities to chose from, but they may not offer the same amenities that 55+ communities offer.

For more information on any homes for sale in Colorado Springs,
please contact the Wagner iTeam (719) 434-8346

November 16th, 2011 by Mariana Wagner | 1 Comment »

Colorado Springs Real Estate Market Snapshot for October 2011

Here is a Colorado Springs real estate market snapshot for the different areas of Colorado Springs, for October  2011.

Black Forest Real Estate Market

• 146 available homes and 19 sales
• Average sales price: $384,486
• Days on Market: 147
• Search Homes for Sale in Black Forest

Briargate Real Estate Market

• 193 available homes and 46 sales
• Average sales price: $309,527
• Days on Market: 59
• Search Homes for Sale in Briargate

Central & Downtown Real Estate Market

• 232 available homes and 44 sales
• Average sales price: $160,411
• Days on Market: 89
• Search Homes for Sale in Central and Downtown Colorado Springs

Eastside Real Estate Market

• 188 available homes and 52 sales
• Average sales price: $165,381
• Days on Market: 91
• About East Colorado Springs

Northeast Real Estate Market

• 268 available homes and 51 sales
• Average sales price: $200,935
• Days on Market: 87
• About NE Colorado Springs

Northwest Real Estate Market

• 148 available homes and 22 sales
• Average sales price: $336,797
• Days on Market: 73
• About NW Colorado Springs

Northgate and Flying Horse Real Estate Market

• 150 available homes and 24 sales
• Average sales price: $350,384
• Days on Market: 95
• Search Homes for Sale in Flying Horse

Old Colorado City Real Estate Market

• 78 available homes and 14 sales
• Average sales price: $111,271
• Days on Market: 105
• Search Homes for Sale in Old Colorado City

Powers and Stetson Hills Real Estate Market

• 257 available homes and 74 sales
• Average sales price: $188,101
• Days on Market: 70
• About Stetson Hills and the Powers Area Real Estate Market

Southeast Real Estate Market

• 156 available homes and 49 sales
• Average sales price: $126,277
• Days on Market: 58
• About SE Colorado Springs

Southwest and Broadmoor Real Estate Market

• 271 available homes and 55 sales
• Average sales price: $337,538
• Days on Market: 77
• Search All Homes for Sale Near the Broadmoor Hotel

Westside Real Estate Market

• 87 available homes and 14 sales
• Average sales price: $228,264
• Days on Market: 81
• About West Colorado Springs

COMMENTS:

• Homes in Briargate and S/E Colorado Springs sold the quickest, both areas averages less than 2 months on the market for homes that sold.
• Southeast Colorado Springs also had the highest percentage of listings sell in October, at 32%. The lowest percentage of home sales was in Black Forest, at 13%. The average across all areas was 20%.
• Black Forest saw the highest average home sale price at $384,486, and Old Colorado City saw the lowest, at $111,271.
• Northgate and Flying Horse home sellers got the highest percentage of asking price, at 98.9%. The lowest percentage was in Old Colorado City, at 87.5%

Based on Colorado Springs real estate information from the Pikes Peak REALTOR Services Corp. (”RSC”), Colorado Springs MLS, for October 2011.  RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market.

November 9th, 2011 by Mariana Wagner | 1 Comment »

Luxury Homes for Sale in Cathedral Pines

Cathedral Pines is a luxury home neighborhood located in the northern area of Colorado Springs, in Black Forest. Cathedral Pines is part of Academy School District 20. Both luxury custom homes and lots are available. Existing homes range from $700k – $4M and lots range from $200k-$400k, as of 2011.

Below are both the featured and available homes for sale in Cathedral Pines.

Featured home for sale in Cathedral Pines: 4040 Saunderton Grove:

More Luxury Homes for Sale in Cathedral Pines

Showing properties 1 - 10 of 18. See more Cathedral Pines.
(all data current as of 5/21/2012)

1. $769,000 : 13795 Tewkesbury Ct, Colorado Springs
   
   4 beds, 5 full baths

   Home size: 5,388 sq ft

   Lot size: 2.72 ac

   Year built: 2006

   Parking spots: 4

   Days on market: 21

   Listed with Nextage Pikes Peak Properties
2. $1,799,000 : 4780 Foxchase Wy, Colorado Springs
   
   6 beds, 6 full baths

   Home size: 8,163 sq ft

   Lot size: 31.90 ac

   Year built: 2007

   Parking spots: 4

   Days on market: 42

   Listed with Polaris Properties, LLC
3. $1,395,000 : 4940 Saxton Hollow Rd, Colorado Springs
   
   6 beds, 7 full baths

   Home size: 6,524 sq ft

   Lot size: 2.91 ac

   Year built: 2007

   Parking spots: 5

   Days on market: 52

   Listed with Prudential Rocky Mountain
4. $699,900 : 4580 Foxchase Wy, Colorado Springs
   
   4 beds, 4 full baths

   Home size: 4,775 sq ft

   Lot size: 2.51 ac

   Year built: 2012

   Parking spots: 4

   Days on market: 55

   Listed with ERA Shields Real Estate
5. $1,400,000 : 13965 Staffshire Ln, Colorado Springs
   
   6 beds, 6 full baths

   Home size: 6,058 sq ft

   Lot size: 3.56 ac

   Year built: 2005

   Parking spots: 6

   Days on market: 63

   Listed with RE/MAX Advantage Realty, Inc.
6. $4,000,000 : 4040 Saunderton Gr, Colorado Springs
   
   7 beds, 10 full baths

   Home size: 16,180 sq ft

   Lot size: 46.00 ac

   Year built: 2007

   Parking spots: 6

   Days on market: 68

   Listed with Keller Williams Partners
7. $1,675,000 : 4020 Foxchase Wy, Colorado Springs
   
   5 beds, 8 full baths

   Home size: 8,202 sq ft

   Lot size: 2.51 ac

   Year built: 2008

   Parking spots: 7

   Days on market: 97

   Listed with RE/MAX Properties, Inc.
8. $897,500 : 14285 Farnham Royal Ct, Colorado Springs
   
   7 beds, 9 full baths

   Home size: 6,084 sq ft

   Lot size: 3.04 ac

   Year built: 2012

   Parking spots: 4

   Days on market: 109

   Listed with Fuller Castle Pines Sotheby's
9. $825,000 : 14155 Marble Arch Ct, Colorado Springs
   
   4 beds, 4 full baths

   Home size: 4,600 sq ft

   Lot size: 2.53 ac

   Year built: 2012

   Parking spots: 4

   Days on market: 112

   Listed with Dennis C. Grover
10. $775,000 : 14670 Millhaven Pl, Colorado Springs
    
    4 beds, 4 full baths

    Home size: 4,600 sq ft

    Lot size: 2.51 ac

    Year built: 2012

    Parking spots: 4

    Days on market: 133

    Listed with Dennis C. Grover

Listing information deemed reliable but not guaranteed. Read full disclaimer.

November 8th, 2011 by Mariana Wagner | Leave A Comment

Featured Home for Sale in Flying Horse | 13722 Firefall Court

13722 Firefall Court ~ Flying Horse
MLS# 781511

Beautiful 4 bedroom home with great open floor plan and stunning Pikes Peak views. Formal dining and living rooms. Large kitchen w/plenty of counter/cabinet space. Two main-level bedrooms. Master w/5pc bath. Full finished walk-out basement has family room, 2 more bedrooms, laundry & storage. Large upper deck. Covered lower patio. Backs walking trail.
Academy School District 20. Flying Horse real estate market.

13722 Firefall Court Information and Photos

For more information on this home fore sale in Flying Horse,
please contact the Wagner iTeam (719) 434-8346

November 5th, 2011 by Mariana Wagner | Leave A Comment