Focus on Observatory Park
The Rise of the Duplex
Buying a whole duplex in Denver can prove to be difficult though as they rarely have just one owner. Currently in Denver there are only 14 duplexes for sale! Many duplexes in Denver have one owner for each unit. In Colorado the rules and regulations of a duplex are written up in a party-wall agreement. This agreement is similar to a condo’s HOA but it is between only two parties. It will outline how bills will be split, common areas, insurance and how structural issues will be handled. This agreement is a necessity since most duplexes in Denver sit on a lot that once housed a single family home so there is only one sewer line and water line. This means duplex owners typically have to split utility bills.
The party line agreement makes it a lot easier for a duplex to have one single owner per unit. Although, it makes it a little harder for people, like my clients, who are actually looking to be the sole owner of a duplex. It certainly is not impossible though! If you are working with an agent looking for both sides of a duplex, ask how they will work to find you the right duplex.
In addition to writing for Daigle’s Digs, Elizabeth works full-time as a Real Estate Agent with Keller Williams Realty Downtown, LLC. Elizabeth’s expertise is in buying and selling a home, first time home buyers, short sales, and investment properties. Contact Elizabeth for any real estate needs. Cell 303-819.73.71. Work 720-314-8352.
Pocket Doors
My client asked what other options they had if they chose to replace these doors. One of the options I love for closets are pocket doors. This would require the mirrored doors to be completely removed but who will miss them?
Personal Updates and Resale of Your Home
- How long do you think you are going to stay in the house?
- What changes are you thinking of making?
- What rooms are the changes in?
- What is your budget now and possibly for selling your home?
- Are you open to making changes to your home prior to selling it in the future if need be?
What to expect as a seller
- Multiple showings. The house I just listed had 82 showings in three weeks. Luckily the home was vacant so the sellers were not put out but there could be a number of people walking through your home.
- There may be multiple offers depending on how the home is priced.
- The market is moving quickly which means decisions needs to be made rather quickly.
- Depending on the price point- investors may take interest in your property.