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CONTENT ISSUE NO. 158 | MARCH 2021
FEATURE REAL ESTATE BOOM
10
With no signs of slowing down, the real estate market in Douglas County is on fire. Better strike while the iron's hot.
PHOTO COURTESY OF ROCKIN MEDIA NE TREE LO
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Search South Aurora ©2021 is published by Tueller Publishing, LLC. All rights reserved. Reproduction in any form without prior written permission is strictly prohibited. Search South Aurora is mailed monthly to households and businesses in the greater South Aurora area free of charge. Mail inquiries to Search South Aurora 13009 S. Parker Road #120, Parker, CO 80134, or call 303-805-9455.
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Groundhog Phil might have been the bearer of bad news for some, but seeking out the silver lining of this extra six weeks of winter is easier than you may think. As we wait a bit longer to crack open our windows, a relatively easy way to break the monotony of the walls within is through the magical power of redecorating. I know, I know… redecorating can be a terrifying word. For even though we are excited by the vast possibilities of our Pinterested bedroom coming alive, we become paralyzed in the how-to of the real life details with seemingly minimal skill, a tight budget, and only optimism to light your way. But you don't have to be a professional interior designer to shake things up. Moreover, redecorating doesn’t have to be costly, daunting, or reserved only for folks rich in creativity and artistic talent. To get you started, here are a few entirely attainable resources and creative ideas:
DIY : refresh YOUR SPACE
Tip: Using a paint roller, apply a thin film of clear premixed wallpaper paste on the back of the paper.
• Utilizing items for purposes other than what they’re intended for is a sure way to spend absolutely nothing. E.g. Stack up vintage suitcases to create a table; convert old wooden ladders into a new home for books; use drapes as a shower curtain, shutters for headboards, etc.
• Craigslist is a phenomal resource for furniture, wall hangings, and materials for projects.
Room Swap
Tip: To get the most bang for your buck, look for postings more than a week old, or search keywords such as "moving", "must go today," etc.
8 SEARCHSOUTHAURORA | MARCH 2021
• Wallpaper today is not what Grandma has glued onto her walls. This may require the help of a friend, and a vacant bathtub to soak the rolls, but wallpaper is another brilliant option that will alter a room in less than a day.
Tip: Paint/stencil furniture; contact paper the inside of bookshelves; recover chairs, etc.
Tip: Make note of store hours for sale days, as well. Often thrift stores have half-price days. And, if you snooze, you lose!
Tip: Another resource to pay special attention to is the hours of the event. Dealers love to be at the entrance at doors opening - join the big dogs!
Tip: I have undying love for paint edgers. For less than $5, there’ll be no more hand brushing trim for this less-than-meticulous painter!
• Repurposing and re-stylizing is all the rage these days, and what Pinterest was practically founded on. Utilizing trinkets you already own, and making them new again is fun, cheap, and can make for great projects with your children.
• Thrifting has become quite trendy, so scouting the details of your local thrift shops is key to snagging treasured items.
it’s still too chilly for yard sales.
• Painting does require a bit of care and effort, but it’s relatively inexpensive, and transforms an entire room.
Upcycle
Resale
• Estate sales are great when
Paint & Wallpaper
Barter • Trading pieces with friends is sure to get some new-to-you goodies in your home for no cost at all, and make space by offering them yours. Tip: Having an oral agreement that items are all on permanent loan will increase the likelihood of convincing your pals to swap their gems with you!
• Walls can’t always be moved, but rooms can! The layout of your home doesn’t have to be any certain way. Look for ways to change the purpose of the spaces you have. Tip: Are your living room and dining room interchangeable? Is the dining room hardly ever used? Throw up a rod, some drapes, and create a cozy reading nook.
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Join Search South Aurora and leave your competition in the dust. bret@tuellers.com | 303-805-9455 MARCH 2021 | SEARCHSOUTHAURORA 9
REAL ESTATE BOOM
Strike While the Iron is Hot Historically low rates have spawned a real estate boom in Douglas County BY AMY DENICOLO
Colorado’s real estate boom has been cause for many headlines this year and the experts will tell you that the market hasn’t even peaked yet. The boom arrived as a result of historically low interest rates, changing homeowner needs, and a mass exodus from large cities by a new generation of buyers. Colorado has long been a vacation destination for many, but with increasing numbers of tech companies moving to the Denver Metro area, work from home jobs, and 300 days of sunshine per year, we are seeing large numbers of people relocating to the state. For many people moving from metro markets like San Francisco, Colorado real estate prices are affordable and “site unseen, cash offers” are becoming a norm. Those of us who have lived in Parker, Castle Rock, or South Aurora, have seen new neighborhoods popping up for two decades. These three cities are the fastest growing cities in Colorado, considering just five years ago, these areas were 7-9% smaller than they are currently. This has given way to beautifully planned developments, parks, award winning schools, and phenomenal economic growth. Realtors familiar with these areas will tell you that while it’s a seller’s market, due to historically low interest rates it’s a win for buyers as well. With today’s rates, buyers who may not have been able to purchase a year ago are now able to realize their dream of home ownership while move-up buyers are able to qualify for a higher purchase price than expected. While the winter months are typically slower in real estate, historically low interest rates and growing home equity and demand have many buyers considering new construction. As realtors prepare for a busy spring real estate season, sellers who list their homes have little competition as Colorado is experiencing extremely low housing inventory. Many current homeowners are taking advantage of the significant increase in home equity they have gained in recent years and moving up to design their dream homes in one of the new award-winning, master planned communities. Let’s take a closer look at three such neighborhoods in Parker, Castle Rock, and South Aurora, and what the driving force is that makes these communities so popular. 10 SEARCHSOUTHAURORA | MARCH 2021
PHOTO COURTESY OF ROCKIN MEDIA
PHOTO COURTESY OF EPIC HOMES - TRAILS AT CROWFOOT
TRAILS AT CROWFOOT Parker, Colorado - pop. 61,492
#1 Healthiest Counties in America (2020 US World & Report) #2 Best Places to Live in America (2020 Money.com)
#6 Wealthiest Communities in America
#6 Best Places to Work from Home (2020 Money.com)
#7 Fastest Growing Communities in Colorado (2020 Census)
Surrounded by more than 100 acres of open space, 4 miles of looped trails, several pocket parks, and resort style amenities, this new Parker community will feature 890 residential homes and the 17-acre “Trails Great Park,” a new public park owned and operated by the Town of Parker. Trails Great Park will include baseball and soccer fields, basketball courts, tennis/ pickleball courts, 9 hole disk golf, and play and shade structures. And for those living in the Trails community, an enormous clubhouse and pools, complete with cabanas to lounge in, will complete the development. The Trails at Crowfoot and its neighboring communities, Anthology, Meadow Lark, Stepping Stone, The Timbers, and Stone Creek Ranch will complete the most recent housing developments in the Parker area. With through access to Parker Road via North Pinery Parkway almost completed, and quick access to Parker, Castle Pines, Castle Rock, and Franktown, the homes in the Trails at Crowfoot community are the talk of the town. Five homebuilders in the Trails at Crowfoot community including Epic Homes, Tri Pointe, Taylor Morrison, DR Horton, and KB Homes, give future residents several floorplan and pricing options starting in the low $400k’s to the mid $900k’s. We were fortunate to be invited to explore this community by two of its builders, Epic Homes and Tri Pointe homes, who combined have sold over 40 new homes in the past two months. Upon our visit to Epic Homes' newest model, Craig Dunkelberger, Sales Director, told us: “We have unveiled our newest floor plan, The Invite. At nearly 5000 sqft, this stunning 2 story floor plan will hypnotize you right as you enter the front door. This newly modeled floor plan compliments the rest of our award-winning floor plans that have the market buzzing in Parker. Equally as stunning are our 31 home sites in phase 1. At an average size of 1/3 acre, all 31 back to natural open space and sit up at the highest point in the community, creating an exclusive enclave of semi-custom built homes in Parker’s newest master plan community” And hypnotize it did! We left the model home awestruck by both the beauty of the finishes and open space to the thoughtfulness that went into planning each feature of the home. No doubt, justifying all the “talk” of this new Parker community. MARCH 2021 | SEARCHSOUTHAURORA 11
PHOTO COURTESY OF RICHMOND AMERICAN HOMES - CRYSTAL VALLEY
C R Y S TA L VALLEY Castle Rock, Colorado - pop. 75,452 #1 Place to find a job in Colorado (Nerdwallet)
#4 Best Place to Live (Money Magazine 2011, 2012, 2014)
#6 Best Places to Work from Home (2020 Money.com)
#4 Fastest Growing Cities in Colorado (2020 Census)
#1 Healthiest Counties in America (2020 US World & Report)
#14 Fastest Growing Cities (US Census Bureau 2018)
As one of the nation’s fastest growing cities, Castle Rock’s new “Top 5 Master Planned Community,”Crystal Valley is just minutes from the heart of Castle Rock and boasts access to more than 600 acres of open space and hiking and biking trails. Their motto, “The Nature of Happiness,” encompasses all that this community offers its residents… gorgeous homes built to take in all that we love about Colorado living. With four builders currently offering homes in this community, including Century Homes, Richmond, DR Horton, Kauffman Homes, and prices starting in the low $400k’s to the mid $700k’s, this community strives to give families the feeling of being outside of the city while being just five minutes from downtown Castle Rock and less than 30 minutes from the Denver Tech Center. Crystal Valley offers its residents the newly completed Pinnacle Park with outdoor sport courts, amphitheater, dog park, and play areas. And Pinnacle Rec center is a YMCA-operated program, which includes swimming and group fitness classes, as well as seasonal community activities. With construction of a new interchange at Interstate 25 and Crystal Valley Parkway, “the town’s No. 1 transportation priority," gives residents the added benefit of an easier commute. With two decades of experience and four new construction homes under contract in the past couple of weeks, Realtor® and new construction expert, Medra Volpi, explains how it may make sense to take advantage of the current low inventory and list your home for sale, even if it results in a double move. “Over the last few months, several of my clients have realized unexpected equity gains which has more than offset the cost of a double move. In addition, the base price of their new construction homes have increased dramatically during the build period, allowing them to close with positive equity. So while it might seem scary and cumbersome to make a double move, it’s possible that it could reap financial rewards.” 12 SEARCHSOUTHAURORA | MARCH 2021
PHOTO COURTESY OF TOLL BROTHERS - SOUTHSHORE
SOUTH SHORE Aurora, Colorado - pop. 388,783 #24 Best Park Systems in the United States
#1 Best-Run City in Colorado (WalletHub)
#17 Cities Where Millennials are Moving (2020 SmartAsset)
#3 Hottest Housing Market in the Country (Redfin)
#12 Hardest Working Cities in America (2020 WalletHub)
#7 Cities to Buy a Family Home (Smart Asset)
#21 Best Large Cities to Start a Business &
#25 Best Cities for Young Professionals (Smart Asset)
Best Large City to Live in (WalletHub)
#24 Cities with the Best Public Schools (Niche)
South Aurora is home to Colorado’s largest Lifestyle District, Southlands. This area is a perfectly planned district of residential living, outdoor activities, retail and dining, award winning Fitzsimmons Medical Center, and Cherry Creek schools, along with easy access to DIA, Buckley AFB, Denver Tech Center, and neighboring Parker communities. There are many communities that make up the Southlands District, one of the biggest and most popular is Southshore. Since 2005, Southshore has offered its residents “Life at the Lake.” A “Top 5 Colorado Master Planned Community” and a rare find in Colorado’s dry climate, this lakefront community seems to have it all. Three builders continue to offer new construction homes here: Toll Brothers, Taylor Morrison, and Richmond, with prices ranging from the mid $400k’s to mid $800k’s. There are many things that draw homebuyers to this community. For starters, the Aurora Reservoir is one of the cleanest in the country and has its own collection of awards and accolades. Surrounding the lake is an 8-mile looped trail where you’ll find residents biking and jogging as they access the lake and trail system from several access points throughout the various neighborhoods. On its banks sits Southshore’s Boathouse, a popular hangout for residents to picnic and fish. You’ll also discover Sandy Beaches, Southshore’s own non-motorized marina. Pick up your dive gear and dive in to discover a mock airplane wreckage under the waves or head over to Senac Pond where you can paddle board, canoe, and pedal boat. Touting resort-style amenities, the newest 9000 sq. ft. addition, The Lighthouse, is set to open this Spring. In the meantime, residents continue to enjoy The Lakehouse for swimming in the saltwater pool, firepits, movie nights in the theater, childcare, and community events. MARCH 2021 | SEARCHSOUTHAURORA 13
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MEDRA VOLPI Douglas County's Premier Real Estate Agent
Medra Volpi of Coldwell Banker Realty is celebrating her 20th year as an award-winning Realtor® serving the greater Denver Metro area. Her clients know her for her quirky directives – a quick visit to her website yields several client video testimonials, delighted to tell of their experiences with Medra. One client retells his story: “I’ve been a client of Medra’s for many years. I started this transaction telling her I wanted an “Ooops Card” and sure enough she had our house under contract in just two days! She did a fabulous job with the marketing analysis, staging the house, negotiating with all the potential buyers… it couldn’t have been easier! It was all so professionally managed, we couldn’t be more pleased”. Jerry, Aurora The testimonials of ecstatic clients seemed endless as I sifted through experiences going back through years and a variety of different markets. Medra has successfully navigated the highs and lows of real estate throughout her career. Medra’s list of awards and designations is as long as her list of satisfied clients. She has earned the coveted CRS designation achieved by only 2% of realtors nationwide. For the last 10 years, Medra has been a recipient of the 5280 Five Star Award – an award based solely upon input by clients and held by only the top 5% of agents in the Denver Metro Area. She recently ranked in the top 1000 Realtors® within Coldwell Banker nationally (3Q 2020). I asked Medra to share her thoughts about the current market. She told me, “Listing a home in today’s market can be financially rewarding but a bit scary in finding a replacement home with our low levels of inventory. If you are thinking about buying new construction, an important factor to consider is that you may be in a higher net equity position than you realize on the sale side with builder base prices increasing rapidly, putting you in a positive equity position prior to closing, it may be cost-effective to consider a double move. Several of my clients have taken this approach in the last few months quite successfully.” Medra brings her innovative marketing strategies to each transaction, including staging, professional photography, 3D virtual tours, drone footage, videography, a unique property website, and professional social media marketing. Her online prelisting marketing and pricing strategy is successful in driving a high level of interest and multiple offers quickly for her sellers. Certified in luxury home sales, relocation, and an expert in new construction, Medra's concierge level of service will turn anyone into a client for life. What truly sets Medra apart is not only her passion for and knowledge of the industry, but her love for her community. Although you will never hear her say much about it, those that know her best know she pays it forward every chance she gets.
To learn more about Medra Volpi, visit her website at www.MedraVolpi.com.
MARCH 2021 | SEARCHSOUTHAURORA 15
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