Colorado remains a hot real estate market, as demand for houses in the state outstrips supply. Northern Colorado and Denver in particular are seeing double-digit increases in home sales and median prices. While the market is good, you may be considering upgrading your home. A relatively easy, affordable way to boost your home’s curb appeal without increasing the maintenance requirements is with TruLog™ steel log siding. To get a free estimate, call our Loveland, Colorado business at 970-646-4490.
Median Price of Northern Colorado Homes continues to rise
Home values and median home prices across Colorado continue to increase. Especially in Northern Colorado, home values are rocketing upward. The median price of a home in the region of Boulder, Broomfield, Larimer and Weld is currently at $294,000, according to BizWest. BizWest also says Larimer County has the greatest year-to-date median home price increase of 21.1 percent.
Like Northern Colorado, Denver and its surrounding areas continue to be ranked in lists of the most expensive places to buy a home. CBS says property values in Denver have risen 29 percent, and that as property values rise, homeowners across the state will begin to see increases in property taxes. In Colorado as a whole, property values have jumped 10.9 percent in the past year and are expected to keep rising, according to Zillow.
Why upgrade in a Hot Market?
As a homeowner, you want to take advantage of the Colorado home market in the most beneficial way possible. Are you considering moving? Selling? Perhaps delaying a new home purchase? Here are a couple scenarios in which re-siding your home with TruLog™ steel siding may be used to your advantage:
- Increase your home’s value if you are considering selling while the market is good. If you want to take advantage of the market by selling your home, consider upgrading the exterior to make it stand out to buyers. Siding your home with TruLog™ steel log siding not only appeals to your potential buyers’ sense of aesthetics, it also appeals to their desire for a low-maintenance, energy efficient home, which RealtorMag says is important to today’s home buyers.
- Instead of trying to size-up when homes are so expensive, update your home for a new look and feel. With median home prices expected to keep rising in the near future, you may be putting off a decision to move into a new home. TruLog™ steel log siding provides a way to update your home, and make it feel more comfortable and rustic, without adding maintenance to your schedule. While additions like a pool mean a lot of upkeep, steel log siding creates a genuine log-home look without any maintenance required.
TruLog™ steel log siding requires only a rinse with water when is gets dirty, and needs none of the re-sealing, re-painting or log replacement like log homes do. We ship directly to your construction site and include an installation DVD with your order. You can also have a local contractor install it for you. It’s an easy way to increase your home’s value and style.