May 2024 Grand Valley Real Estate Today

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ADVERTISER INDEX

chicken coop, and garden area all make this a property you have to see! MLS #???? Call Chris Young 970-640-1642

Check out this incredible property located just minutes from the heart of downtown Fruita! The home features a large living room with a wood stove to keep you warm on those chilly nights and beautiful heated-stamped concrete flooring throughout the home. The kitchen highlights spacious hickory cabinets and a newer gas stove. The knotty pine doors and wooden beams accents, and cozy window seat give this home a very luxurious feel. Some of the walls of the home are built with a 10” Superior concrete wall system for outstanding insulation qualities. Outside the home you will find a beautiful pasture with corrals and loafing sheds, a chicken coop, 2 storage sheds, an oversized garage/shop with covered outside storage, a 12X30 hay/RV storage shed, garden area, and beautiful landscaping.  3 shares of irrigation water are also included.  Development opportunities may also be available. Schedule your showing today!! MLS #20234136

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• Homes starting at 1800 square foot

• 3-6 bedroom

• 3 car garage minimum

• RV parking and storage on site

• Stucco exteriors with optional stone accents

• Architectural 30-year shingles

• Nature’s Composite fencing

• Pressurized irrigation

• Parks & walking paths

• LOTS FOR SALE

3. 40 acres of future development, great view lots, etc....$2.85mm Fantastic home, shop and 20 +/- acres in DeBeque! The 2336 square foot home features 4 bedrooms plus an office, 2 bathrooms and an

townhouse units and 39 single family - $1.3mm

10 ACRE COLORADO VINEYARD |

10 ACRE COLORADO VINEYARD | 3107 A 1/2 Rd, Grand Junction

10 ACRE COLORADO VINEYARD | 3107 A 1/2 Rd, Grand Junction

3107 A 1/2 Rd, Grand Junction

10 ACRE COLORADO VINEYARD | 3107 A 1/2 Rd, Grand Junction

10 ACRE COLORADO VINEYARD |

VINEYARD

3107 A 1/2 Rd, Grand Junction

Opportunity to own an established production Colorado vineyard with the potential for RSF4+ development. Adjacent to sewer and other utilities. Outstanding building sites. Senior water rights on the Colorado river. Includes 8.5 acres of Cabernet Sauvignon, Chambourcin, Riesling, Rkatsiteli, and Merlot grapevines.

Opportunity to own an established production Colorado vineyard with the potential for RSF4+ development. Adjacent to sewer and other utilities. Outstanding building sites. Senior water rights on the Colorado river. Includes 8.5 acres of Cabernet Sauvignon, Chambourcin, Riesling, Rkatsiteli, and Merlot grapevines.

Opportunity to own an established production Colorado vineyard with the potential for RSF4+ development. Adjacent to sewer and other utilities. Outstanding building sites. Senior water rights on the Colorado river. Includes 8.5 acres of Cabernet Sauvignon, Chambourcin, Riesling, Rkatsiteli, and Merlot grapevines.

Opportunity to own an established production Colorado vineyard with the potential for RSF4+ development. Adjacent to sewer and other utilities. Outstanding building sites. Senior water rights on the Colorado river. Includes 8.5 acres of Cabernet Sauvignon, Chambourcin, Riesling, Rkatsiteli, and Merlot grapevines.

Opportunity to own an established production Colorado vineyard with the potential for RSF4+ development. Adjacent to sewer and other utilities. Outstanding building sites. Senior water rights on the Colorado river. Includes 8.5 acres of Cabernet Sauvignon, Chambourcin, Riesling, Rkatsiteli, and Merlot grapevines.

Opportunity to own an established production Colorado vineyard with the potential for RSF4+ development. Adjacent to sewer and other utilities. Outstanding building sites. Senior water rights on the Colorado river. Includes 8.5 acres of Cabernet Sauvignon, Chambourcin, Riesling, Rkatsiteli, and Merlot grapevines.

4 Bedroom | 3 Bathroom | 3,562 SF | 1 Acre

Bedroom

Sandstone Realty, LLC

1153

Bonnie Walker, GRI Broker/Owner

Primrose Lane • $455,000

Rancher in 55+ community, built in 2004, this home offers three bedrooms, 2 baths and two car garage.  Country porch with swing and private patio off dining room with gate to driveway. Living, dining, nook and hall to bedrooms with prefinished hardwood, tile in the kitchen and both baths.  Corner gas log fireplace in living room.  Kitchen with all appliances (gas range), oak cabinets and formica countertops, separate pantry and access to two car garage.  Primary bedroom 15x12, primary bath with double vanities, walk-in shower with seat, walk-in closet and separate closet for linens.  Two other bedrooms and guest bath with tub/shower combo and pedestal sink.  For more information call on MLS #20233788.

710 Curecanti Circle •

$875,000

*  25 Acres in the prestigious River Terrace Subdivision.

*  Covenant controlled

* Minimum square footage of 2,500 sq. ft.

* Pressurized irrigation system, each parcel has .50 acre for irrigating around house area, remainder in natural landscape.

* Requires an engineered septic system.

*  Views of the Grand Valley

* Aerial View:  https://youtu.be/w1KPvM50eZ8 MLS#20221597

Three Tips for First-time Home Buyers

By REAL ESTATE TODAY

Real estate has garnered considerable attention since 2020, and for good reason. Though speculators and real estate professionals may point to a number of variables that have affected the market for homes in recent years, the pandemic certainly was among those factors. Real estate prices and mortgage interest rates increased significantly during the pandemic and have remained well above pre-pandemic levels ever since.

The spike in home prices and interest rates has had a significant impact on young home buyers, some of whom feel as though their dream of home ownership may never be realized. And data from the National Association of Realtors indicates the median age of home buyers is now significantly higher than it was two decades ago. In 2023, the median age of buyers was 49, which marked an increase of 10 years compared to the average buyer age 20 years ago.

First-time home buyers may face a more challenging real estate market than they would have encountered just a half decade ago. The following three tips can help such buyers successfully navigate the market as they look to purchase their first home.

Expect to Move Quickly

Inventory remains very low, which means buyers are in heated competition for the few homes that are on the market. In late 2023, NAR data indicated the rate of home sales were the lowest they had been in 13 years, so buyers will likely need to move quickly and make an offer if they see a home they

like, as chances are the property won’t be on the market too long before it’s sold. In fact, the NAR noted that homes spent an average of just 23 days on the market in October 2023.

Apply for Mortgage Preapproval

The competitive nature of the market for buyers means it’s in their best interests to arrange financing prior to beginning their home search. A mortgage preapproval can be a competitive advantage, as it indicates to sellers that buyers won’t be denied a mortgage or lack financing after making an offer. The financial experts at NerdWallet note that buyers will be asked to provide details about their employment, income, debt, and financial accounts when applying for mortgage preapproval. Gather this information and clear up any issues, such as credit disputes or delinquent accounts, prior to applying for preapproval.

Set a Realistic Budget

A financial planner and/or real estate professional can help first-time buyers determine how much they should be spending on a home. In the current market, buyers should know that they will likely need to pay more than asking price for a home. For example, the NAR reports that 28 percent of homes sold for above list price in October 2023. With that in mind, first-time buyers may do well to look for homes that are under budget in anticipation of offering more than list price after seeing a property.

The real estate market remains competitive for buyers. First-time buyers can utilize three strategies to increase their chances of realizing their dream of home ownership.