Renovations – Return On Investment

Renovations With The Highest Return On Investment

Whether you are trying to sell your home or not, paying attention to the renovations you do and how they affect your home’s value can be important. Some home improvement projects can yield a much higher return on investment than others.  We’ve compiled a list below of the best renovations you can do for your money. Enjoy!

Return On Investment
Photo Courtesy: mountainvillageestespark.com
  1. Minor Bathroom Remodel – There are two rooms that sell homes more than any others; the kitchen, and the bathrooms. Bathroom remodels actually provide the highest return on investment, averaging 102%. You don’t need to fully gut the room however, adding a good coat of paint and new fixtures is a great way to elevate the value of your home.
  2. Landscaping – Curb appeal is a very important aspect when listing a home. Fresh landscaping and a picked up exterior can make your home appear fresh and clean, which buyers want. Basic landscaping averages a 100% return on interest, even adding a few potted plants to your front porch can make a huge difference!
  3. Minor Kitchen Remodel – A minor kitchen remodel can really bump your home’s value up without much work. Start by upgrading outdated appliances with newer ones; prospective buyers will notice these additions. Painting or staining your existing cabinets can substantially increase your kitchens appeal. Modern hardware on all of your drawers and doors will help a lot too!
  4. Attic Bedroom Conversion – One of the best ways to increase the value of a home is by adding to the number of rooms it has. If you have an attic that can be converted to a bedroom, and you have the budget to do so, this addition can add a lot of value to your home while also adding to it’s usability! While not necessary, this is an option everyone should consider. The average return on investment for an addition like this is about 93.5%.
  5. Entry Door Replacement – While it may seem simple, replacing your front entry door is one of the most impactful renovations you can do to your home. If your home’s style can support it, a door painted a bright, primary color can really draw prospective buyers into a home. It makes the home more approachable and inviting! Even a fresh coat of paint can make a huge difference.
  6. Deck Addition – If you have the room to do so, adding a deck or porch is a great way to add perceived value to your property. If you already have a deck, make sure it has been painted or stained and is structurally sound. A deck increases usable living space and can be a deciding factor for some buyers! Outdoor living spaces have become especially desirable since the covid-19 pandemic.
  7. Basement Remodel – Although not all homes have a basement, the ones that do can sell for significantly more than homes that don’t! Converting your dark and dingy basement into a usable living space can bring your home value up quite a bit. Return on investment for this renovation sits around 90% on average and can draw in prospective buyers!
  8. Window Upgrade – Fresh, new windows can have a huge impact on the exterior image of your home! They will make the outside look newer and the interior brighter! In addition to the added curb appeal, new windows are typically more efficient and you may be eligible for a tax break when purchasing energy efficient windows. Although many may not notice, new windows will slide more easily too!

These are some of the best renovations you can do to add value to your home before selling! If you have any questions, or would like to talk with one of our brokers, give us a call at (970) 507-8655. To see the homes we currently have listed, click here!

Pet Friendly Pagosa Springs

Dogs Welcome!

Pagosa Springs is a mountain town full of people who love dogs. Whether you’re hiking up Pagosa Peak or grabbing a burger at Riff Raff, you are sure to see at least one furry friend. In addition to the National Forest and the many outdoor dining areas around town, Pagosa Springs has several dog friendly parks; with clean-up stations! If you’re looking for a place to walk your dog, or dogs in pet friendly Pagosa, this list is for you!

Pet Friendly Pagosa

Humane Society Bark Park – The Pagosa Springs Humane Society has done a great job of making a safe environment for your dogs to play! There are separate fenced areas for large and small breeds with awesome views of the San Juan mountain range. The Bark Park is equipped with kiddie pools, drinking fountains, and some shaded areas for your pup to cool off. Near the fenced areas is the Serenity Garden where you can walk along in peace. The garden features engraved memorial bricks along the path and benches to take in the views. There are restrooms in the Humane Society Lobby and dog toys available to purchase. Proceeds benefit the animals at the Humane Society! See their website here.

Yamaguchi Park – Located at the South end of the San Juan Riverwalk, Yamaguchi Park is a great place to get out and get active! This park borders the San Juan River to the East and features over half a mile of trails with pet stations along the sidewalk! There are several spots where river access is available; so your dog can get his or her paws wet on their walk! There are bathrooms on-site as well as a skate park, playground, and large Terrazzo overlooking the river. Two laps around the perimeter of this park is about 1 mile.

Town Park/Mary Fisher Park – One of Pagosa’s oldest parks, Town Park is located right on the river in downtown. This is one of the most popular parks as it’s in the middle of downtown! For the pups, there are pet waste clean-up stations and water fountains in the park. Dogs should be on a leash or lead, as this park is close to Main Street. If you cross the walking bridge over the river, you enter Mary Fisher Park. Named after Dr Mary Fisher, a Pagosa Springs doctor born in 1868 in Illinois, this park has many places to lay out and watch the river flow or play fetch with fido. There is a changing screen if you want to get in the water with your dog and more parking than Town Park across the river.

Reservoir Hill Park – Reservoir Hill is well known by locals for it’s many trails and the star that lights up at the top of the hill, overlooking downtown Pagosa Springs at night. Your dog is sure to love the rugged terrain and winding trails heading up the hill. At the top you are greeted with great views of downtown Pagosa. There are benches and picnic tables on top as well. This hill is a great place to get some exercise with your dog! The Annual Folk Festival is held on Reservoir Hill as well.

Centennial Park – Centennial Park is located along the San Juan river, behind the courthouse. This park is home to the Geothermal Greenhouse Partnership’s geodesic greenhouse setup, a sustainable agricultural project. There is a small outdoor amphitheater in front of these greenhouses. You will find pet clean-up and water stations along the riverwalk, and an electric vehicle charging station if you need to juice up while you’re exploring with your dog! If your pup likes the water, there is a section of beach along a shallow part of the river perfect for pets and kids to swim.

With all the opportunities to explore and discover new things, you are sure to love pet friendly Pagosa. If you would like to learn more about Pagosa Springs, our town website has many resources available. To see the homes we currently have listed, visit our Featured Homes page here!

Fall Colors

The Best Drives For Fall Colors

Fall is here, and fall colors aren’t far behind! You can find beautiful scenery just about everywhere in this state, but the roads listed below are some of the best to see the bright yellows and oranges of autumn!

Fall Colors
Photo By: Gavin Kiker 
  1. San Juan Skyway – The San Juan Skyway is one of the most beautiful stretches of road in the country. This 232 mile loop will take you through two National Forests, four mountain passes, and nine historic Colorado mountain towns. It takes roughly 7 hours to drive the loop all the way through, but we recommend taking your time and exploring along the way! Even if you choose to tackle just one section of the loop, you are sure to find large swathes of fall colors and beautiful scenery. Most of this drive is 2wd-friendly, but some parts may require higher clearance. If you are scared of heights, be warned there are some steep drop-offs as well as sections of road without guardrails in several spots on this drive.
  2. Boreas Pass – Boreas Pass Road stretches the 20 miles between Como and Breckenridge. This easily-accessible mountain road reaches 11,493 feet above sea level and eventually crosses the Continental Divide! This wonderful road has less traffic than others during the fall, making it a great area to see the colors change without crowds. The aspens on this road may form a tunnel in certain spots, making for a truly amazing view. This road is easily accessible by 2wd vehicles with low ground clearance.
  3. Kebler Pass – Kebler Pass is an awesome high-mountain pass connecting Crested Butte with Paonia to the West. This pass reaches 10,007 feet above sea level at it’s summit in the Gunnison National Forest. This drive takes you through one of the largest aspen groves in the United States, in the West Elk Mountains. You will travel West from Crested Butte to Highway 133, just north of the tiny mining village of Somerset. The road is accessible by low-clearance 2wd vehicles and takes roughly 2 hours to drive through. It is open seasonally, May through November.
  4. Trail Ridge Road – Trail Ridge Road is a stretch of US Hwy 34 that takes you from the East side of Estes Park to Grand Lake, CO in the West. It is the highest paved through road in Colorado, peaking at 12,183 feet above sea level. 11 miles of this road are above the tree line, making for great, almost aerial views of the autumn colors below. Driving straight through takes roughly 2 hours, but there are enough pull-outs, scenic overlooks, and side trails to make this drive a full daytrip!
  5. Last Dollar Road – Last Dollar Road is an unpaved, seasonal (Summer & Fall) route that takes you from Ridgeway, CO to Telluride, CO. This trail gives you fully unobstructed views of Wilson Peak and the Sneffels Mountain Range. The fall colors will really start to show around mid-September, making Last Dollar Road a great destination for photographers.
  6. Independence Pass – Independence Pass, the highest paved pass in the United States, passes over the Continental Divide between Leadville and Aspen. This pass is 32 miles long and summits at 12,095 feet above sea level. There are many places to stop and take in the views along this road. Roaring Fork River hugs the road for several miles and there are also several great aspen grove views along the way.
  7. Alpine Loop – Alpine Loop is a circular route that takes you over Cinnamon Pass and Engineer Pass. It connects Lake City with Ouray and Silverton. The loop is 65 miles long and can be completed in as little as 7 hours. There are several abandoned mining and old west features along the trail that you can explore; they make for interesting foregrounds in your fall color photos!
  8. Pikes Peak Highway – Pikes Peak Highway is 19 miles each way and takes about 2 hours round trip to drive. Once to the top, you are greeted with 360 degree views of the mountains, including the front range. Pikes Peak highway is a great place for large panoramas of the changing fall colors!
  9. Bachelor Loop Tour –  The Bachelor Loop Tour is a 17 mile loop that takes you through the historic mining district above Creede, CO. This 4wd-accessible road takes you through several ghost towns from the mining boom, some of which once rivaled Creede in size! There are many photo opportunities along this loop so be sure to bring your camera. High clearance vehicles are recommended for the best experience.

These are just a handful of the hundreds of places to see the Fall colors Colorado is so known for. If you are wanting to plan a trip, but can’t decide when, the Forest Service has a regularly updated Fall Color Report that tells you what stage the leaves are at! If all this talk about Colorado has made you want a home of your own here, you can view our featured listings or give us a call at (970) 507-8655!

Investment Property

What To Look For In Your Next Investment Property!

Have you been thinking about purchasing an investment property? Real estate can be a great investment if you know what you’re doing, but there are some risks involved. Below, we’ve compiled some things to look for when considering a rental property.

Investment Property
Photo By: Gavin Kiker
  1. Location – This first tip is an important one. When searching for a rental, location is the top thing tenants are interested in. Choosing an area that is close to schools, shopping, and healthcare is a good way to draw tenants in. Rentals in college towns or ski towns can be very profitable, but it can be difficult to lease one of these properties in the summer months, so that is something to keep in mind.
  2. Safety – Safety is very important to most people. Choosing a location with low crime rates is always smart when shopping for real estate to rent out. Installing quality locks and even a good security system can increase the appeal of your property!
  3. Parking – While not as crucial in rural areas, reserved parking for tenants in cities and more populated areas is a must. Rental properties with off-street parking or even a garage or carport can be a huge selling point to prospective tenants.
  4. Fresh Property – New builds or freshly renovated properties are usually more attractive to tenants searching for a rental. Moving into a new space is a fresh start for tenants, the rental should be as fresh as they feel!
  5. Open Space – An open floor plan with plenty of natural lighting feels a lot larger than a closed off space with no windows of the same size! Potential tenants will subconsciously lean towards a bright space over a darker one, so properties with lots of windows and lighting are preferable.
  6. Appliances Included – No one wants to buy appliances for a house they don’t own! Including essential appliances will add value to your rental property and will most likely get it rented sooner!
  7. Outdoor Space – Connecting with the outdoors is important to a lot of people; Especially in Colorado! An outdoor space like a backyard, deck, or even a small balcony to enjoy the mountain views can add a lot of value to your property. This is one feature that is typically more important in rural areas than it is in more urban environments.
  8. Pet Friendly – Pets are family to a lot of people, and no one wants to give up their family to move into a rental! Consider looking at more pet-friendly properties, as they will be more desirable to a lot of tenants. A house with a decent backyard and hard floors is ideal for a pet friendly rental.
  9. Job Market – Locations with a growing job market, or a strong established industry will draw more tenants. Job security is an important factor to consider when renting, so choosing a location with a strong job market is a good idea when looking for investment property.
  10. Trustworthiness – Tenants looking to rent a house want a landlord or property manager they can trust completely. Being honest with potential tenants and disclosing any negative aspects of the property that you are aware of is a good way to build trust as a rental owner. These people are depending on you to provide them with a safe and functional living space for months or even years at a time!

These are just a few tips to help you in your search for the perfect investment property! To speak with a NextHome RMR agent about purchasing your investment property, give us a call at (970) 507-8655. If you want to view our current inventory, visit our featured rentals page here!

 

Ranch House For Sale

13750 Highway 151

13750 Highway 151 is a beautiful 45 acre property backing up to the National Forest and Reservation land. There are 3 stick-built dwellings as well as several outbuildings sitting on this wonderful property. The main ranch house is a 2 bedroom with in-floor heating, a woodstove, and an awesome wraparound deck. There are several large living spaces, so adding a 3rd bedroom would be easy!

Ranch House
13750 Highway 151

There is also a guest house and a bungalow just steps from the main house, as well as a barn and a large detached carport! Outside of the buildings, there are many mature fruit trees on the property, as well as enough fenced pasture to let your horses run free. This property is just minutes from Lake Navajo, it backs to National Forest and Reservation Land, and has it’s own water well. This property is not going to last long!

If you are interested in this property, you can view the full listing here. Our other available listings can be viewed here. To talk to a NextHome RMR agent, call (970) 507-8655!

 

Congratulations!

231 Tiffany is SOLD!

Big congratulations to Chris and Mariana on the sale of their home! 231 Tiffany Place sold for $585,000 and features a fully finished basement and incredible views of Squaretop Mountain. The Letchfords have their home at 1551 Cattle Trail listed with us as well. See this beautiful ranch home here!

Sold!
Photo: 231 Tiffany Place
Sold!
Photo: 1551 Cattle Trail Place

Thank you Mariana & Chris for choosing NextHome Rocky Mountain Realty & Rentals to list your Pagosa Springs real estate! We appreciate your business and friendship! If you would also like to work with NextHome RMR, give us a call at (970) 507-8655.

Crazy Colorado Weather

Snow In September!

Colorado is having trouble making up it’s mind on the weather this month! The beginning of the month held several 90F+ days and forest fires throughout the state. September 8th however, we experienced a temperature drop of nearly 50 degrees and enough rain and snow to leave the ground muddy! Wolf Creek Pass got 13 inches of snow, A full 13 days before the solstice!

Snow In September
Wolf Creek Ski Area

This moisture is greatly appreciated, even if it’s a little early! Visit our website to view property available for sale in this winter wonderland!

 

Fall Home Selling Tips

Fall is Upon Us!

It is common knowledge that Spring and Summer are the peak seasons in the real estate industry, but that doesn’t mean that fall can’t be productive! In this post we’ve compiled several tips for anyone wanting to list their home this Fall. Enjoy!

Fall Home Staging
Photo Courtesy Of: Houzz.com
  1. Keep the Yard Clean! – Be sure to keep your front yard clear of dead leaves and other fallen debris. Trimming tree branches and bushes can let more light hit the house; which can help attract buyers! Make a yard clean-up checklist so you don’t forget to do anything before showings.
  2. Autumn Curb Appeal – Solid curb appeal can really help your house stand out in the fall months. Place potted yellow or orange flowers by the front door and pumpkins/squash by walkways to help potential buyers envision how they would decorate the home! Adding a tray for wet shoes is a good way to keep the interior flooring clean during showings.
  3. Fire Up the Woodstove – If your home has a wood-burning stove or fireplace, be sure it has been cleaned and it is functional for showings. A clean stove indicates a well maintained stove! Plus, there is nothing cozier than a fire burning in the woodstove on a fall day.
  4. Clean Your Windows! – Windows can gather a lot of dust and grime throughout the spring and summer months that you may not notice as an owner. Prospective buyers will notice dirty windows, so we recommend going through the house and cleaning them before listing. This is an easy way to clean up the front of your house without adding anything!
  5. Fall Colors Everywhere – Using Fall accent colors such as oranges, yellows, and reds can really dress up the interior of your home and tie the moods from autumn back into your property! You can even use pine cones and candles as decorative pieces throughout the home. Throw pillows are also an easy addition.
  6. Make it Brighter – As days get shorter, homes get darker. Turn all the lights on and open windows, blinds, and curtains everywhere you can. Natural light will really brighten the space up and open windows can make your home appear larger!
  7. Be Creative With Photos – With trees losing their leaves and grass beginning to die, fall real estate photos can start to look pretty drab. You need to be creative with how you photograph and display the home to sell. Twilight photos and staged decorations are two great ways to set your house apart from other listings!
  8. Treats! – Buyer comments are a great way to learn what is working and what isn’t during showings. Leaving treats out next to a comment book is a great way to get people to leave their comments on the showing experience. Plus everyone gets a treat on the way out! Halloween candy works great for this.

Following these tips will make your home stand out from other listings this Fall! Don’t forget to like our Facebook page for weekly Virtual Open House videos and updates.  If you have any questions, or if you would like to speak with one of our licensed brokers, you can contact us here. We would love to help sell your home this Fall!

 

Off to the Sand Dunes

Great Sand Dunes National Park

Sometimes staying in the same place for too long can be tiring, especially in the midst of a pandemic. Luckily, Southern Colorado is full of places to explore! If you are having trouble deciding where to go or just looking for somewhere to escape for the day, Great Sand Dunes National Park is a great place to start!

Topping out at around 755 feet high, these impressive sand dunes are the tallest in North America. The dunes are surrounded by the 14,000 ft. peaks of the Sangre De Cristo mountain range, the Southernmost range of the Rocky Mountains. The contrast between the light sand of the dunes and the dark greens and blues of the mountains makes for a truly stunning view. If you like taking photos, you are sure to enjoy this area!

Sand Dunes
Photo By: Gavin Kiker

In addition to taking in the views, visitors to the Great Sand Dunes can enjoy hiking and camping all throughout the park, splashing in Medano Creek when it’s flowing, and even sand-boarding and sledding. (Think snowboarding but with sand.) Sand toys are available to rent right before entering the park.

If driving slow offroad is more your speed, the Medano Pass Primitive Road may be for you! This 22 mile 4wd-only trail connects the Great Sand Dunes with Wet Mountain Valley and Colorado State Highway 69. The trail crosses Medano Creek nine times, and also takes you through some deep sand and even Bighorn Sheep habitat at the higher elevations.

Whether you want to backpack in and spend the night, or just pack a picnic and take some photos, Great Sand Dunes National Park makes for a wonderful Southern Colorado day trip! If you would like to see our featured homes in the area, click here. Don’t forget to like NextHome Rocky Mountain Realty & Rentals on Facebook for weekly virtual open houses and more!

Neighborhood Highlight #2

San Juan River Village

San Juan River Village is located just 6 miles from Pagosa Springs down Hwy 160. This neighborhood is divided by the highway into two sections, the River Side and the Mountain Side. The river side of this neighborhood has private access points to the San Juan River, stocked annually with trout. There is also an annually stocked fishing pond available to residents! This is just one of the many common areas in this neighborhood.

River
Photo: San Juan River Village

There is a second stocked fishing pond on the mountain side of this neighborhood, so there’s no need to cross the highway to satisfy that fishing itch!  Residents also have access to the San Juan National Forest; 1.8 million acres to camp, hunt, fish, hike and more, all just a short walk or drive away. This neighborhood is closer to Wolf Creek Ski Area than most, making it the perfect spot for the avid skier or snowboarder!

San Juan River Village is a beautiful, serene neighborhood in a great location. With many wonderful amenities, you are sure to find something you love about this community! You can click here for more information on the neighborhood. If you would like to see our featured homes in the area, click here!