Hi Kylie & Edwardo
The objective of today's meeting is to review and share valuable data & updates on your property, similar to your annual check-up with your doctor. For this real estate review, we will talk through market stats & also review an analysis of your current home value. Based on what comparable homes have sold for in the last six months, the market suggests your home is worth $300,000-330,000.
-Pepe & Alan
National Home Stats
Click "View File" to compare how Colorado homes have appreciated in value vs other states. The data shows how well Colorado performs, even through the great recession. Homeownership in Colorado has been a great investment!
Colorado Home Stats
This information shows how Colorado real estate has performed since 1992, specifically, through multiple recessions. Being a homeowner in Colorado is a great place to be!
What is your HOME worth?
This contains information about homes that are currently for sale, under contract, or have sold within the last year. This is the most impactful information for you. Based on this information, the market suggests your home is worth $300,000-330,000.
Rental Potential
This contains information regarding the rental potential of your property. Along with a breakdown of 8z Rentals Property Management fees, if you wish to have the home rented & managed by another entity.
Netsheet
This outlines all of the estimated costs associated with selling your home. Along, with an estimated profit amount after the sale of your home. I've completed this for a few price points so you can see the change in the estimated net take-home amount. Click the file link to view the net sheet!
What Happens to Home Values in a Recession? (InfoGraphic)
A few things to remember...
1) Not every recession is tied to a housing market crisis. Today's factors are not like the ones we saw in 2008
2) In 4 out of the last 6 recessions, home values appreciated, which is nearly 70% of the time!
3) Rental rates increase during a recession. So, If you're thinking about upgrading but not looking to sell, it would be a great opportunity to rent your home
What does buying in today's market look like?
Today's current market has offered buyers a variety of opportunities. One of the main opportunities is more elbow room for negotiations. Also, the ability to keep all contract contingencies within the offer.
Your Real Estate Review!
If you want to talk about any of this in more detail, please don't hesitate to reach out!

Please reach out anytime with any questions!