Real Estate 10/19/14 by Colorado Springs Gazette, LLC

RealEstate

Sunday, October 19, 2014

Experience Pinecrest at Pine Creek 9970 Highland Glen Place $1,000,000

W NE ICE PR

Overlooking the Pine Creek Golf Course, this beautiful home is just over 2 years old and offers endless custom features. The features include multiple living areas, six bedrooms all with adjoining baths, two family rooms, main level bedroom, main level office, huge gourmet kitchen and 4+ car garage. The outdoor spaces also provide flexibility for formal or casual entertaining with a large backyard, main level private courtyard, upper level private balcony and deck with fireplace. Call Today!

OPEN HOUSE, SUNDAY, OCTOBER 19th - 1:00-3:00 9830 Highland Glen Place $1,295,000

This sensational five bedroom + office, six bath custom home backs to Pine Creek Golf Course and offers sweeping uninterrupted golf course, Pikes Peak and Front Range views. Some of the features include a spacious gourmet kitchen, multiple walkouts, main level office, two main level bedroom suites which include the master and 4 car garage. The walkout lower level includes a family / recreation room with wet bar and wine room. Call Today for Your Private Showing!

OPEN HOUSE, SATURDAY, OCTOBER 25th - 1:00-3:00

Great Custom Home Building Lots Lot

Lot 24 NEW PRICE

Lot 29 Lot 1 Lot 2

Lot 36

Lot 35

Sale Pending

Lot 7

SOLD

1 2 7 11 24 29 35 36

Lot 11

Discover the Pinecrest Advantage Award Winning D-20 Schools Close to Shopping Near Both Memorial North and St. Francis

Pine Creek Golf Course Terrific Views Convenient Location Parks & Trails

See Every Home for Sale at PattersonGrp.com

Price $205,000 $205,000 SOLD $240,000 $250,000 $230,000 $180,000 SALE PENDING $170,000

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The Gazette · springshouses.com

Must-dos for first-time homebuyers BY POLYANA DA COSTA  BANKRATE.COM

Buying your first home can be nervewracking. As a first-time homebuyer, you will navigate a process that might include uncertainty, excitement, confusion and frustration. But preparation and knowledge can help you stay on the right track. Here are six steps that can improve your chances of having a good homebuying experience.

Some lenders will tell you that you prequalify for the loan based on the income and credit information you have provided. That’s not good enough for most sellers today. With a real preapproval, the lender will verify your income documentation and not just check your credit. “Have your finances really ready,” Da Silva says.

KNOW YOUR CREDIT If you think you may want to buy a home in the near future, your first step — and perhaps the most important one — is to watch your credit. Familiarize yourself with your credit history and make sure all the information in your credit reports is accurate. “The very first thing you need to do is to find out what your credit is and what’s being reported about your credit,” says Pava Leyrer, director of training for Northern Mortgage Services in Grandville, Mich. This will give you enough time to deal with any reporting errors on your report or improve your credit before you are ready to buy, Leyrer explains. If all looks good, keep it up and don’t max out your credit cards at the furniture store after you sign a contract for the home.

DETERMINE A BUDGET AND STICK TO IT Don’t wait until you are shopping for a house to find out how much home you can afford. Determine your budget and the monthly payments you can afford and qualify for early in the process. Most importantly, stick to the plan. “When you fall in love with a house, all common sense goes out the window,” Leyrer says. “Make sure you know what’s going to fit your budget and stay in control.” Remember that it’s not just about the mortgage payments. Also consider the costs of your property taxes and homeowners insurance.

HIRE A GOOD TEAM Buying a home for the first time is supposed to be fun, but it’s actually hard work, and at some point during this process you will feel overwhelmed. You’ll need to be surrounded by professionals who know what they are doing so they can guide you and provide answers to your questions. “Formulate a good team to help you,” says Rafael Castellanos, an attorney and managing director at Expert Title Insurance in New York. “You don’t want someone who is going to pressure you to buy the one or two exclusive listings that they have.” Find an experienced real estate agent, a reputable mortgage professional and a real estate attorney if you can. “You cannot have an inexperienced buyer and an inexperienced agent,” says Patty Da Silva, owner of Green Realty Properties in Davie, Fla. “Who you hire is truly one of the most important things.” GET PREAPPROVED FOR A MORTGAGE Homebuying does not begin with home searching — unless you are sitting on a pile of cash and won’t need a mortgage. Otherwise, make sure you get a preapproval from a lender before you even begin hunting for a home. And make sure it’s a true preapproval and not just a prequalification, Da Silva says.

TIME THE END OF YOUR LEASE How long will it take to find the home I love? When will I close? When will I move in? Until you actually sign a contract to buy your first home, these questions will remain unanswered. Still, you have to do your best to time your closing and moving with the end of your lease. As you begin your search for a home, revisit your lease agreement. See when the lease expires, learn about penalties for breaking the lease in case it comes to that and find out the options that are available, in case you need a lease extension. “Moving is one of the most stressful things you are going to do in your life,” Da Silva says. “Be prepared. Talk to your landlord and ask, ‘Would you be willing to give me a two-month extension if I need it?’” CONSIDER DOWN PAYMENT ASSISTANCE Many first-time homebuyers overlook down-payment assistance programs that may be available to them through state and local housing authorities. They often assume that these programs are for low-income buyers only, says Rob Chrane, president of Down Payment Resource. But there are numerous programs available for midincome buyers. Some of the programs offer no-interest loans or grants as down-payment assistance and have few strings attached. Be sure to check with your local housing authority and ask for a list of lenders that participate in these programs when you begin shopping for a home. 

Consumers expect fully automated homes in the next decade NATIONAL ASSOCIATION OF HOME BUILDERS

Living like the Jetsons is not quite so far off anymore. In fact, fully automated homes may soon become the norm in home construction, especially if consumers have anything to say about it. And they do. According to recent surveys on home automation, home buyers expect smart-home technology like voice-controlled lights and appliances, heating and cooling systems that adjust based on who’s home, and refrigerators that can track and make grocery purchases, to be standard features within a decade or so. In fact, more than half of respondents to the 2014 State of the Smart Home survey estimated that within the next 10 years home owners will be able to use a single remote to control their entire house. (This survey was commissioned by Icontrol Networks, a smart-home technology software and services company.) Although a little more than 70% of home owners currently have at least one smart-home feature, many would like to see more in their next home purchase, according to NAHB’s most recent What Home Buyers Really Want survey. Consumers overwhelmingly agree

that security is the most important feature of a smart home. In fact, a wireless home security system tops the list of most desired technology features for 50% of home buyers. Right now, only 15% of home owners currently have this feature in their home. Home buyers also want smarthome technology to help them save money and be more environmentallyconscious. Seventy-eight percent of respondents to the 2014 State of the Smart Home survey ranked energy management, such as programmable and remotely-controlled HVAC, outdoor water and lighting systems, as a top smart home feature. Nearly a third of home buyers surveyed by NAHB also want remotecontrolled and/or automated home audio and entertainment systems. Home owners who already have these types of systems rank in the single digits, so there is potential for growth in this market. A majority (51%) of those surveyed by Icontrol Networks indicated that they would pay up to $500 for a fullyequipped smart home; a third would be willing to pay between $500 and $3,000. 

Sunday, Oct 19, 2014

THE MORTGAGE PROFESSOR:

Introducing the Kosher HECM reverse mortgage BY JACK GUTTENTAG THE MORTGAGE PROFESSOR

The kosher stamp on a food means that it has been certified as fit for human consumption. We need a comparable certification process for financial instruments sold to consumers, with the need most pronounced for the more complex instruments. When scaled by the need for certification, HECM reverse mortgages are at the top. They are extremely complex, and markedly different from the standard mortgages that many seniors learned about when they took one earlier in their lives to purchase homes. This article describes the major features of a kosher HECM reverse mortgage. It does not yet exist, but it will soon. Meanwhile, knowing what a kosher HECM would look like may help some seniors navigate the existing non-kosher market. While a kosher stamp on a food certifies only the food, there is often a carryover to the food provider and the food preparation methods employed. A “kosher butcher,” for example, is one who only sells kosher meat prepared using kosher processes. Similarly, a kosher HECM is one offered by a kosher HECM loan advisor using kosher HECM systems. KOSHER HECM LOAN ADVISORS All loan advisors take borrower loan applications and guide them through the lending process. A Kosher HECM LA, in addition: • Counters the common senior bias toward excessive cash withdrawals by stressing the importance of long-range planning. • Develops a plan based on the best combination of cash withdrawal, monthly payment, credit line, and the senior’s other resources and obligations. • Offers multiple combinations of upfront charges and interest rates. (This option has long been available on forward mortgages but is uncommon on HECMs.) • Advises the senior on the combination of interest rate and settlement costs that has the greatest likelihood of minimizing costs over the period the senior has the HECM. • Uses the kosher HECM system to: • Develop and demonstrate a unique plan for each applicant. • Provide price transparency, so that seniors can shop and monitor the prices on their transaction at any time. • Provide lock-price integrity, which means that the lock price is identical to the price that would be quoted to the senior’s identical twin pricing the same transaction on the lock day.

KOSHER HECM SYSTEMS A kosher HECM system has the following major features: • It simplifies comparisons of available options. A senior’s borrowing power under a HECM can be employed to draw any combination of cash upfront, monthly payment for a specified period, and unused credit line for future use. The senior can select one option or a combination of two or three. The kosher system makes it easy to compare one combination of options against another. • It discloses projected future values of alternative option combinations. A senior selecting among different option combinations might want to know how each is likely to affect their HECM status in the future: loan balance, equity remaining, unused credit line, and potential conversion options. A kosher HECM system provides such information. • It offers seniors choices between upfront charges and interest rates. Seniors who don’t expect to have their HECM very long can opt for low settlement costs in exchange for paying a higher interest rate. • It generates competitive prices. The system includes an online network where kosher loan advisors representing different lenders post their prices using a uniform format, which makes it easy for seniors to find the best deal. KOSHER HECM REVERSE MORTGAGES It follows that a kosher HECM reverse mortgage has the following features: • There are no unanticipated surprises down the road that would make the senior regret taking a HECM. • The set of options for drawing funds is the best of those available to the senior. • The combination of interest rate and upfront settlement costs is also the best available, given the senior’s expected future tenure. • Price quotes are competitive, reflecting offerings of multiple loan providers. • The final price set on the lock date is immune to manipulation. I have it on reliable authority that at least one kosher HECM system with kosher loan advisors will appear in 2014.  Jack Guttentag is professor emeritus of finance at the Wharton School of the University of Pennsylvania. Comments and questions can be left at http://www.mtgprofessor.com.

Apartments pushed up US homebuilding in September BY JOSH BOAK THE ASSOCIATED PRESS

WASHINGTON — Construction firms broke ground on more apartment complexes in September, pushing up the pace of U.S. homebuilding. Housing starts rose 6.3 percent to a seasonally adjusted annual rate of 1.017 million homes, the Commerce Department said Friday. Almost all of the gains came from apartment construction — a volatile category — which increased 18.5 percent after plunging in August. The sluggish recovery and meager wage growth has left more Americans renting instead of owning homes. Apartment construction has surged 30.3 percent over the past 12 months. Starts for single-family houses rose just 1.1 percent in September, contributing to an 11 percent gain during the past 12 months. Applications for building permits, a good sign of future activity, increased 1.5 percent to an annual rate of 1.018 million. That also reflected the strength in apartment building. Permits for multifamily buildings rose 7 percent in September, compared to a 0.5 percent drop in permits for singlefamily houses.

Other indicators reflect the continued to shift to rentals. The residential component of the American Institute of Architects billing index stood at 58.1 in August. That index is more heavily-weighted to multi-family housing and any reading above 50 signals growth. Meanwhile, real estate sales have failed to get much traction in recent months. Price growth is slowing, yet the surge in home values through the middle of last year has made affordability a challenge for many would-be buyers. Homebuilders are also feeling slightly less optimistic. Prices rose 6.4 percent in August compared with a year ago, according to real estate data provider CoreLogic. This marks a substantial slowdown. Home values had chalked up annual gains of as much as 12 percent toward the end of last year. Those increases are substantially larger than wage growth, which has barely exceeded inflation by increasing at roughly 2 percent a year. Without wages rising more strongly, it becomes difficult to save for a down payment and qualify for a mortgage. This has boosted the share of Americans

who rent, which has sparked construction of apartment complexes and simultaneously caused monthly rental costs to rise. Online real estate firm Zillow estimates that it takes 29 percent of people’s household income to pay for rent, compared to 24 percent in 2000. The share of adults doubling-up with a roommate to cover rent has also increased to 32 percent from 25 percent in 2000. And fewer buyers are searching for homes, causing homebuilders to become less confident in September. A sentiment index sponsored by the National Association of Homebuilders and Wells Fargo slipped to 54 in September compared to 59 in the prior month. Any reading above 50 represents growth. But the portion of the index dedicated to traffic from would-be buyers fell to 41 last month from 47. Though new homes represent only a fraction of the housing market, they have an outsized impact on the economy. Each home built creates an average of three jobs for a year and generates about $90,000 in tax revenue, according to data from the Home Builders. 

Sunday, Oct 19, 2014

The Gazette · springshouses.com

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How builders make new homes more spacious, inside and out BY MARCIE GEFFNER NEW HOME SOURCE

Homebuyers who want a new house that feels spacious, open, connected and welcoming need look no further than today’s newly built homes. That’s because today’s homes are larger, on average, than homes built in yesteryears and builders’ newer floor plans and architectural designs create both the reality and illusion of more space. Builders completed 569,000 new detached houses in 2013, according to a U.S. Census Bureau report. Based on a statistical sampling, 305,000, or nearly 54 percent, of those houses had two or more stories; 251,000, or 44 percent, had at least four bedrooms; 188,000, or 33 percent, had three or more bathrooms and 166,000, or 29 percent, had a full or partial basement. The average home size was just two feet shy of 2,600 square feet. Spaciousness isn’t all about square footage, however. HIGH CEILINGS Perhaps the best way to make a house feel much larger is to raise the ceilings to 9, 10 or even 12 or 15 feet, says Trey Bitteker, general sales manager at Pulte Homes in Arizona. “High ceiling heights will certainly open up a house. When someone

walks through it, every room feels a little bit larger,” he says. New homes today commonly have double-height or one-and-a half height ceilings in one or more rooms such as an entry hall, family room or formal living room, says Michael Malone, principal at Michael Malone Architects in Dallas. “No matter how small a room is,” Malone says, “that extra vertical height makes a lot of difference.” TWO STORIES Higher ceilings can be paired with a two-story home and grand staircase that add a feeling of even more space. Two stories adds square footage in a home that’s still affordable, says Julie Hauge, sales manager at Drees Homes in the Dallas-Fort Worth area. “Buyers want a three-car garage,” Hauge says. “They want four bedrooms. They want a good-sized kitchen, family and dining areas. They want a game room and media room. To get all that, you almost have to go to a two-story.” But not always. Builders also offer larger single-story homes, though they typically cost more since a larger lot (i.e., more land) is necessary to accommodate plenty of space on one level.

CONNECTEDNESS Interior spaces such as a family room, kitchen and dining area that flow into one another without the interruption of walls can make a new home feel bigger, too. “One big, open space does lend itself to making the home feel a lot larger,” Hauge says. An interior that’s connected to the exterior extends the dramatic feeling of spaciousness, says Erik Koss, president of Koss Design + Build in Phoenix, Ariz. Using the same materials for walls, ceilings and floors inside and outside makes the space feel bigger and inspires homeowners to develop more secondary space outside as well, Koss says. Or as Malone puts it: “That connection of the interior space with the exterior is a big part of the effect of making a small footprint feel bigger and a big footprint feel luxurious.” BONUS ROOMS Instead of such rarely used rooms as a traditional formal dining or living room, and hallways, which are typically dark and narrow, builders today add bonus rooms that make a home’s space more useful for the homeowners. Examples Bitteker cites include an

“owner’s retreat” off the main bedroom that could be a sitting area, workout facility, office space or TV room; a “planning center” off the kitchen that could be used to drop keys and other belongings, pay bills and organize family meals and an “everyday entry” off the garage with space for shoes, coats, backpacks, hats and the like. DOUBLE-DUTY ROOMS Flexible, or “flex,” rooms create space by giving buyers options to use one room in multiple ways. Koss says these spaces, which he calls “double-duty rooms,” can combine a home office with a guest bedroom, a TV room with a kids’ playroom or a laundry room with a crafts room. Properly outfitted, one room could even function as a workspace, playroom and overflow sleeping area, he suggests. BIGGER, BETTER WINDOWS Properly placed, windows also create spaciousness, again because they extend the indoors to the outdoors and add light to a room. “We strategically place windows for optimal views so you can look out and see that pool or beautiful landscaping you put in your backyard,” Bitteker says. “The windows are larger than

some you may have seen in the past, which will also make the rooms feel bigger.” Bitteker also points to the threepanel sliding glass door as a step toward greater spaciousness. This door doubles the opening’s size and allows people to move freely out to a patio. The strategy isn’t just more windows or bigger windows, but smartly placed windows, Koss says. “Years ago, (the thinking was) put in as many windows as you want and add on as many air-conditioners as you need to make it work,” he says. “Today, we have better glass and builders and architects are paying more attention to how to maximize where each window goes so it adds light, but not a lot of heat. It’s about being sensitive to placement.” LIGHTER FINISHES Once the house is completed, lighter paint colors and finishes are used today to reflect light and further enhance the effect of large, open and spacious rooms, Malone explains. “You can never put enough light on a dark finish to make a room feel bright,” he says. “You can put a very small amount of light on a white finish or blond wood and it makes the whole space seem much bigger and brighter.” 

Featured Houses Featured Home of the Week

Featured Home of the Week

GATED BROADMOOR RESORT COMMUNITY - RIGHTS TO MEMBERSHIP AT Broadmoor Golf Club

Classic Homes in Meridian Ranch

740 Silver Oak Grove | $1,695,000 Neighborhood: Southwest Agent/Company: Linda Mason, 719-491-2800 Mason Properties, Inc.

Exquisite walkout ranch home on treed lot with close up Front Range Mt. views designed w lg window & door assemblies in every room to enjoy the mt setting! Beautiful custom features include reclaimed white oak floors from France, barrel vaulted ceiling w & floor to ceiling stone fireplace in lving rm, main level study. Kitchen has Clive Christian cabinets, Haversham accent cupboards & granite stone countertops plus NEW WOLFF DUAL FUEL RANGE & MICROWAVE, NEW SUB-ZERO REF. Decks off Liv &Family rooms are outstanding! Lower level has 2ND master bdrm plus 2 more bdrms, theater rm, huge rec rm, high ceilings thru out! 4 fireplaces, 4 bdrms, 4 baths, 4 car garage. New hot water heater, new A/C, new phone, lighting & alarm systems & new landscaping & watering systems added to this comfortable, elegant & dynamic Colorado home!

10447 Mt Columbia Drive | $297,524

Neighborhood: Meridian Ranch Driving Directions: This home is sold from Classic’s model home. I-25, exit #149 at Woodmen. East on Woodmen, past Powers. North at light on Meridian Rd. East on Londonderry Dr. North on Rainbow Bridge Dr. East on Mt Columbia Dr. Right on Mt Lincoln Dr. and model is on the right. Agent/Company: Carolyn Crowley, Classic Homes 719-494-1101, www.classichomes.com The Capstone is a 3,010 sq. ft. 2-story plan offering 5 bedrooms, 3.5 baths, 2-car garage, 10x18 deck off dining, and 10x10 patio off basement rec room. Hardwood in entry, hallway, powder bath, family room, kitchen, and family dining. Expanded kitchen w/island, large pantry, canned lighting, upgraded cabinets, granite countertops, stainless steel appliances and undermount sink. Large master w/2 walk-in closets, oval soaking tub, shower w/seat, and dual sinks. MLS# 781345

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The Gazette · springshouses.com

Sunday, Oct 19, 2014

Featured Houses Featured Home of the Week

Featured Home of the Week

Classic Homes in The Village of Siena

Affordable, Move-In Ready Downtown Rancher!

13066 Cupcake Heights | $437,156

517 N. Royer | $179,000

Neighborhood: Flying Horse Driving Directions: I-25 to Interquest Exit 153; East on Interquest to Flying Horse Club Dr; West on Flying Horse Club Drive to first round-about, right on Barossa Valley; Left on Sea Smoke Circle (turns into Cupcake Heights). 13066 Cupcake Heights is on the right! Agent/Company: Classic Homes, 719-495-7297, flyinghorse@classichomes.com Located just east of The Club at Flying Horse, the “Landau” Model Home is now available for leaseback! The home is a 3,195 sq. ft. ranch-style patio home featuring 4 bedrooms, 3 baths, and 2-car garage. It has stucco & stone exterior, covered expanded deck, and is fully landscaped with sprinkler system and all landscape maintenance is included! This spacious patio home offers a finished basement with 1’ taller ceilings, fireplace, and wet bar rough-in plumbing. All new Classic Homes in Flying Horse include Social Fitness Membership in The Club at Flying Horse!

Neighborhood: Downtown Directions: Take Wahsatch to Willamette. Go east on Willamette to Royer, then turn south on Royer. Property will be on your left hand side Agent/Company: Lori Jones, 719-337-3955, Cliff Johnson Realty

Have you been looking for a downtown home with a large garage and a private fenced yard? Well, look no further than 517 N. Royer! This newer 2-bedroom home has an open concept great room w/fireplace, a nice kitchen, separate dining room and a laundry/utility room all on one level! And wait until you see this garage!! It is more than 600 sq ft with room for 2 or more cars plus a work area and storage! Brand new roof, fresh interior paint, new xeriscaping and a stucco exterior make this home low-maintenance and ready for a new owner!Ready for quick move-in. Call today for more info or an appointment to see it! Won’t last at this price! www.517nroyerstreet.com

More Open Houses Open House of the Week Custom Home in Sunset Ridge 5735 Flintridge Drive | $289,900

Hours: 12 – 2 p.m. Sunday, October 19 Neighborhood: Northeast Driving Directions: Academy to Vickers; East on Flintridge; take a right and home is on the left. Agent/Company: Bianca Taylor, 719-229-6488 ERA Shields Hosted By: Jesse Hagedorn, 570-730-9970

Beautiful custom home with fabulous Pikes Peak Views! Professional Landscaping in front and back yards. Xeriscaping in front, new sod in back. Two decks off the kitchen add to the outdoor ambience. Wonderfully remodeled kitchen to include Granite countertops, stainless appliances and porcelain tile floors. Main level living with a large master suite, living room with gas fireplace, kitchen & nook, powder room and walkout to lovely yard. Two additional bedrooms, loft and Jack and Jill bath upstairs. Basement has a nice family room with gas firepalce; bar area for entertaining and bath. Oversized two car garage.

Open House of the Week Custom home in the upscale neighborhood of Skyway Park Preserve 1274 Capricorn Court | $499,500 Hours: 1 – 4 p.m. Sunday, October 19 Neighborhood: Skyway Park Preserve Driving Directions: Minutes from downtown offices, restaurants and entertainment. Only 1.5 miles from the Broadmoor Hotel.

Custom home in the upscale neighborhood of Skyway Park Preserve. This nearly-new, one owner, move-in ready home features many sophisticated amenities including a gas fireplace, a very private master suite on the main level with spacious closet, double sink vanity, tile shower and separate jetted tub. With attention to detail and quality, this 4 bedroom, 3.5 bath home features 9-12 ft. ceilings, two heating units and two A/C units. The home sits in a very private cul-de-sac. A MUST SEE gem of a home within walking distance of the fabulous District 12 schools. Realtors welcome. Special incentive offered to buyers’ agents. Go to FSBO.com for additional details and photos.

Open House of the Week

THREE BEAUTIFUL HOMES UNDER CONSTRUCTION! 12425 Black Hills Dr. | $474,900

Neighborhood: The Estates at Meridian Ranch Agent/Company: Jene Bullock, 719-963-7983, Majestic Custom Homes Open House: October 18 & 19, 12pm-5pm Driving Directions: From Powers, take Woodmen Rd. east to Meridian Rd. Go north on Meridian to Rex Rd. and turn right, go to Mt. Gateway and turn left, then right on Black Hills Dr. Follow signs to Open House. Pick your plan and your colors! Three different homes currently underway with quicker move-in including two beautiful open-concept ranch plans and a large family-friendly two-story. Situated on oversized lots in great communities, these homes will include amazing features, gourmet kitchens, finished basements, oversized garages and so much more! Prices from the mid-$300’s on dirt starts. Specs starting at $439,400. Best Value! Come see them this weekend!

Open House of the Week

New Home At Mackenzie Place Active Adult Campus 2836 Elm Meadow View | $326,155

Neighborhood: Mackenzie Place Driving Directions: North on union on the Southwest corner of Fillmore and Union Agent/Company: Mark Brantley, 719-963-5427, Triton Communities Open House: Tuesday – Saturday, 10am – 5pm

Cottage home with loft plan has main floor living, 3 bedrooms, 2½ baths, and attached 2-car attached garage. Inviting kitchen is finished with 36” Maple cabinets, Granite kitchen countertops, tile backsplash, and GE microwave, dishwasher & smooth cook top range. Vaulted ceilings and Optional gas fireplace in the Grand Room. A spacious master bedroom with coffered ceiling, walk-in closet and private master bath with double sinks, and a walk-in shower w/bench. Laundry room is conveniently located in the owner’s entry next to the garage, and the second bedroom has a nearby bath. Covered front porch and covered patio provide the perfect place to enjoy spectacular Colorado evenings.

Open House of the Week

STUCCO RANCHER HANDICAPPED ACCESSIBLE

Classic Homes in Meridian Ranch

4014 Ascendant Drive | $279,900 Hours: 12 – 3 p.m. Sunday, October 19 Neighborhood: Springs Ranch (Northwest) Driving Directions: North Carefree east from Powers Blvd. Cross Peterson Rd. LEFT (north) onto Springs Ranch Dr. From Springs Ranch, LEFT onto Knollvale, and then left onto Ascendant Dr. House is on the left. Agent/Company: Toni Sparks, 719-359-2410, The Rawhide Company Realtors 4BR/3BA/3C stucco rancher. BIG rooms – BUILT for true Handicapped accessibility. 2900+ sf. Wide hallways, wheelchair elevator in garage, ramp off rear TREX deck to yard. All appliances incl. except washer & dryer. Main level laundry. Living/dining room combo---not now set up for dining, but evident due to presence of lovely chandelier. Kitchen island, pass thru window to dining area, Central Air, lots of storage, fully finished basement. All offers considered.

10483 Mt Columbia Drive | $299,703

Hours: 1 – 3 p.m. Saturday, October 18 and Sunday, October 19 Neighborhood: Meridian Ranch Driving Directions: This home is sold from Classic’s model home. I-25, exit #149 at Woodmen. East on Woodmen, past Powers. North at light on Meridian Rd. East on Londonderry Dr. North on Rainbow Bridge Dr. East on Mt Columbia Dr. Right on Mt Lincoln Dr. and model is on the right. Agent/Company: Carolyn Crowley, Classic Homes 719-494-1101, www.classichomes.com The Vail is a 3,430 sq. ft. 2-Story plan offering 4 bedrooms, 2.5 baths, 2-car garage, 10x18 deck off nook, and 10x10 patio off basement rec room. Hardwood floor on most of main level. Expanded kitchen includes built-in desk, designer uppers, slab granite countertops, and stainless steel appliances. Un-finished walk-out basement with 1-foot taller ceilings. 8,958 sq.ft. home site. MLS #6116805

Open House of the Week

Price is Drastically Reduced

Beautiful Pine Creek Home

3677 Pronghorn Meadows | $295,000 Hours: 12 – 3 p.m. Saturday, October 18 and Sunday, October 19 Neighborhood: Powers Driving Directions: From Powers go East on N. Carefree, North on Antelope Ridge, West (left) on Pronghorn Meadows. Agent/Company: Mark Davis, 719-388-3030, Keller Williams Partners

Imagine approaching this 5Bd/3Ba, 3479 sf home with brand new front door w/leaded custom glass window; enter onto 3/4” Golden Oak floors. To one side a formal DR - To the other a Music room w/pony wall to give the open feel. The kitchen boasts custom cabinets w/pull-outs, crown molding, tile counters w/tile backsplash, 2-mode sprayer faucet. Vaulted ceilings on main lvl. New interior paint. Finished & insulated 3 CG. All bathrooms have 36” cabinets; mstr bath shower has frameless glass door. Archways throughout main level. Bsmt is fully finished w/Harry Potter room and plenty of storage. 92% efficiency furnace, Pre wired and pre plumbed for A/C, two 50’ hoses for the front and bkyd with wall mounts. Special $4,000 incentive just for attending open house.

3241 Sand Flower Drive | $348,000

Hours: 12 – 4 p.m. Sunday, October 19 Neighborhood: Pine Creek Driving Directions: From Briargate Parkway, go north on Pine Manor, first right onto Stone Glen, right on Sand Flower, 7th house on the right. Agent/Company: Don Stark, 719-574-4633, ABC Realty

This 5 bedroom, 3.5 bath home boasts a 3 car oversized garage, vaulted ceiling in the large living room, fireplace in dining room, walkout finished basement, stunning views of Pike’s Peak and an open floor plan with built-ins and upgrades! Completely remodeled kitchen! The friendly, multi-generational neighborhood and District 20 schools make this a great place for a growing family. 5-minute walk to Pine Creek Splash Park, close to shopping, dining and I-25. Priced to sell!

Open House of the Week

Move Right In!

Breathtaking Views!!

5475 Stetson Meadows Drive | $269,900

16 Kreg Lane | $ 520,000

Hours: 2 – 4 p.m. Sunday, October 19 Neighborhood: Stetson Hills Driving Directions: East on Stetson Hills. Right turn on Stetson Meadows Agent/Company: Waynette Rand 719-237-1893 Harris Group Realty, Inc. 719-227-9900

Hours: 1 – 4 p.m. Sunday, October 19 Neighborhood: Crystal Hills Driving Directions: West on Colorado Avenue. Left on Crystal Hills Blvd to Kreg Ln. Turn Right on Kreg Lane Agent/Company: Barbara Harris 719-338-0827 Harris Group Realty, Inc. 719-227-9900

Clean and ready to occupy property with over 3000 sq. ft. 5 bedrooms and 4 bathrooms with finished basement. Mountain views! Xeriscaped front yard with stamped concrete walkway and new exterior paint makes this property easy to maintain. Enjoy apple trees, garden and BBQ grill from the stamped concrete patio in the backyard.

This contemporary 2 story home has views from every window including picture perfect views of Garden of the Gods! The great room is filled with light from the windows & skylights, and complimented by a wood burning fireplace, ledges and a loft retreat. Imagine entertaining on the full length deck surrounded by scrub oak privacy, open space & views that will knock your socks off! Main level master suite. Finished walk-out basement opens to a patio with hot tub.

Sunday, Oct 19, 2014

The Gazette · springshouses.com

OCC

Central

Sunday, October 19, 1:00-4:00pm

1108 N. Meade Ave. • $259,900 “Divine Redeemer Rancher”

Completely updated rancher with 3 Bed, 2 Bath, 1 Car Garage with Pikes Peak views. Over 1,300 sq ft on the main lvl with a main lvl laundry room. Updated kitchen, baths, roof, electrical, furnace, windows & landscaping. Fully finished basement with a second master bedroom & oversized family room. Beautiful backyard with stamped concrete patio. Come See!

Walston Group Real Estate

SU OP ND EN AY 14

Jennifer Lohrig 719-290-6757

SH 5

Open Sun., October 19 2-4pm 1526 W. Kiowa St. $310,000

Here’s your opportunity to own a piece of Old Colorado City history!

You’ll love the original woodwork & hardware, beautiful windows, traditional covered front porch and many updates in this 3 bedroom, 2 bath home built in 1905. Enjoy the large yard w/garden area and the oversized 2-car garage. This is the one you’ve been waiting for! Don’t miss it!

Lori Jones

592-9700

Selling – Buying ...I Can Help! Call to subscribe

Tina 2523 W. Dale Street • $214,900 • MLS#2232386

Innovative Design! Fresh Ideas In This 3 Bdrm, 2 Ba Westside Home. Brand New Kitchen Features Gorgeous Stainless Steel Appliances, Granite Slab Counters W/ Custom Glass Tile. One Of A Kind Stone Fireplace. Brand New Plush Carpet. Bathrooms Feature Custom Tile & Vanity. Relax In Beautifully Landscaped Backyard Complete W/New Sod & Large Privacy Fence! New Roof Too! Directions: Uintah to 25th Street. North on 25th. West on Dale Street

1-719-229-2153 Cell 1-800-325-0466 Toll Free

1-866-632-NEWS

Swonger

GRI, QSC, LHP, ABR, CDPE 719-229-2153

www.TinaSwongerRealty.com tina.swonger@wesellmore.net

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Palmer Lake

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The Gazette · springshouses.com

Pikes Peak New Homes HIGBY RD.

14 9

2 SHOUP RD.

• Custom-Semi Custom Homes • Energy Star 3.0 Certification • Nine Exceptional Floor plans Available • Diverse Selection of Home sites – View Lots and Golf Course Lots now available.

BURGESS RD.

KISSING CAMELS & CATHEDRAL RIDGE VOL LM

KW Y.

RO N

AU ST IN

• We’ll build on any lot anywhere • No one tops our luxury but we compete with anybody on price • Luxurious custom home builders

Custom Homes From The $400,000s • Parade home winners since 2006 and 2014 People’s Choice Award

719.598.8900

Colorado Springs

24 PLATTE AVE.

• Custom & Semi-Custom Homes • Any location, style, size, or price • Building custom homes for the most satisfied clientele in the Pikes Peak region – Find out why!

AIRPORT RD. ACADEMY BLVD.

CIRCLE DRIVE

Colorado Springs Premier Custom Builder

www.copperleafhomes.com

85 87

ST.

BL UF

FS P

CIM

MARKSHEFFEL RD.

1FILLMORE ST.

NEVADA AVE.

GARDEN OF THE GODS RD.

(For Gate Access)

WOODMEN RD.

POWERS BLVD.

Mike Woelke 719.623.2669

5 3

3310 Mesa Road

Air Force Academy

Manitou Springs

Gated Westside Neighborhoods

MERIDIAN RD.

BLACK FOREST RD.

ROLLER COASTER RD.

HODGEN RD.

Sunday, Oct 19, 2014

Award Winning Custom Homes • Visit us in the Lodge at Cathedral Pines - 13977 Milam Road • Saturday through Wednesday 10-5 (12-5 on Sunday) • www.Alliancebuilders.com

DRENNAN RD. ST. AS EG

SV LA

719.495-4408

Security

5 FONTAINE BLVD.

Quality and Affordable Custom Homes 10851 Glen Canyon Drive Model Open Mon-Sat 10-5, Sun 12-4 or by appointment

Widefield MESA RIDGE PKWY

115

Winner 2013 People’s Choice (Parade of Homes)

85 87

SQUIRREL CREEK RD.

Fountain

www.gjgardnerfalcon.com

719.495.8800

Quality and Affordable Custom Homes

Fort Carson

10888 Mt Evans Drive Model Open Mon-Sat 10-5, Sun 12-4 or by appointment

• • • •

Available Now! $248,000

Quality and Affordable Custom Homes 17215 Papago Way MLS# 2997017 $449,000 Model Open Saturday 1-4PM

REIMAGINE YOUR REIMAGINE YOUR www.gjgardnerfalcon.com DREAM HOME. LIFE LIFE SIMPLIFIED. SIMPLIFIED. DREAM HOME. 719.495.8800

A Golf & Recreational Community

Models open daily until 6pm • Antler creek Golf Course and CreekView Grill North on Woodmen Rd., east on • New homes from the low $200s to the $500s

Model Home located at

5620 Leon Young Dr. 719-368-7945

Londonderry Dr. and follow the signs to builder models.

www.MeridianRanch.com

www.CreekStone-Homes.com

Winner 2013 People’s Choice (Parade of Homes) • 6 bed, 4 bath, 3 car garage • 5 acre horse property • Pond on back of lot • Backs to open space

A low A low maintenance maintenance community community connected connected by by green green spaces spaces andand walking walking paths, paths, justjust minutes minutes from from downtown. downtown. Charming Charming architectural architectural styles andand floor floor plans plans thatthat fit any fit any lifestyle. lifestyle. 11styles

LIFE SIMPLIFIED. LIFE SIMPLIFIED.

Aaward-winning lowaward-winning maintenance community connected by green spaces and A low maintenance community connected by green spaces and Featuring Featuring 4 local, 4 local, builders: builders: minutesCharming from downtown. Charming architectural walking paths, justwalking minutespaths, from just downtown. architectural CreekStone, CreekStone, Hi-Point, Hi-Point, JM JM Weston, Weston, and Vanguard Vanguard Homes. Homes. styles and plans thatand fit any lifestyle. styles and floor plans that fitfloor any lifestyle. Featuring 4 local, award-winning builders: Featuring 4 local, award-winning builders: • •Townhomes Townhomes from from thethe $180s $180s to $230s to $230s and and REIMAGINE YOUR CreekStone, Hi-Point, JM Weston, and Vanguard Homes. CreekStone, Hi-Point, JM Weston, and Vanguard Homes. single single family family homes homes from from the the $260s $260s to $500s. to $500s. DREAM HOME.

More New Homes in the Pikes Peak Region

• We have 1/3 to 1 acre lots available • Award winning designs • Homes starting at $325,000

REIMAGINE REIMAGINEYOUR YOUR DREAM DREAMHOME. HOME. • 30,000 square foot recreation center with pool • Miles of paved hiking and biking trails • Neighborhood parks and playgrounds

2014 Parade of Homes Winner!

Banning Lewis Ranch – Richmond American Homes From the mid $200s 7092 Mountain Spruce Drive 719.573-7950 - www.RichmondAmerican.com

• Master level office or 2nd 11424 Neutra Grove bedroom & full bath 9 New Plans from the High $100s • Main level laundry w/free W/D Brand New Neighborhood Robert Harasimowicz 719-338-9089 • 2 bedrooms in basement w/ full bath

New CreekStone Homes in District 20!

Wolf Ranch – Richmond American Homes From the upper $200s 5766 Paladin Place 719.282.3783 - www.RichmondAmerican.com

719.495.8800

• Main-level living • Gourmet kitchen with free refrigerator HANOVER RD.

• Priced from mid $300s • Landscape Package! • Generous Design Center Allowance! • Free W/D and refrigerator • Window Covering Allowance

www.gjgardnerfalcon.com

Landscaped & Fncd Yard

New Townhomes in District 20

Lori@CreekStone-Homes.com Open Mon-Sat 10-6 / Sun 12-6

Winner 2013 People’s Choice (Parade of Homes)

Desirable Wolf Ranch 3BR, 2½ Bath, 2 Car Garage $187,000 - $229,900

8989 Meadow Rose View • Award Winning Builder East on Research past Powers, • 3 Floor Plans including left on Grand Cordera Parkway Main Level Master Sales Office on your left • JMWestonhomes.com 719-571-9737

RD.

115

UEBLO

OLD P

• We have 1/3 to 1 acre lots available • Award winning designs • Homes starting at $325,000

Meridian Ranch – Richmond American Homes From the $200s 10258 Mt. Lincoln Drive, Peyton 719.494.0182 - www.RichmondAmerican.com Lorson Ranch – Richmond American Homes From the mid $200s 6518 Alliance Loop 719.573.7950 - www.RichmondAmerican.com

• Townhomes theand $180s to $230s and • Townhomes from the $180s tofrom $230s LIFE SIMPLIFIED. single homesto from thespaces $260sand to $500s. single family homes fromfamily the $260s $500s. A low maintenance community connected by green walking paths, just • •Models Models open open daily. daily. minutes from downtown. Charming architectural sytles and floor plans that fit any lifestyle. LIFE SIMPLIFIED. A low maintenance community connected by green spaces and Featuring 4 local, award-winning builders: • JM Models open daily. walking paths, just minutes from downtown. Charming architectural • Models open daily. CreekStone, Hi-Point, Weston, and Vanguard Homes styles and floor plans that fit any lifestyle. • Townhomes from the $180s. Single Family Homes from the $260s. Featuring 4 local, award-winning builders: • Models open daily. CreekStone, Hi-Point, JM Weston, and Vanguard Homes.

WWW.GOLDHILLMESA.COM WWW.GOLDHILLMESA.COM WWW.GOLDHILLMESA.COM WWW.GOLDHILLMESA.COM • Townhomes from the $180s to $230s and single family homes from the $260s to $500s.

INFO@GOLDHILLMESA.COM 719.633.2202 719.633.2202 INFO@GOLDHILLMESA.COM INFO@GOLDHILLMESA.COM 719.633.2202 719.633.2202 INFO@GOLDHILLMESA.COM • Models open daily.

WWW.GOLDHILLMESA.COM 719.633.2202

INFO@GOLDHILLMESA.COM

To Feature Your New Home Inventory on this Map Call 476-1642