University Hills — Homes for Sale

University Hills is bound by highways 83 and 285, but still feels like a quiet oasis with easy access to restaurants, grocers, entertainment venues, and retail stores. Popular grocery stores such as King Soopers and Sprouts are easy to access and convenient to shop.

Culture and Beauty Throughout the Neighborhood

The Chez Artiste, a Landmark movie theater focusing on independent film exhibition, is also in close proximity to the neighborhood.  Most of the homes in University Hills feature 1950’s ranch style and are on long winding streets – making great walking paths throughout the neighborhood. Large lots and mature landscapes remain the most attractive aesthetic features of the area as well as the easily accessible pool and recreation center at Mamie Doud Eisenhower Park.  

Find the Ideal Property

Properties in University Hills are much more likely to be owned than rented – the current population is 5,640 people with the median age being 40. Another benefit to the neighborhood of University Hills is the options for private and public schools, which include Hamilton Middle School, Thomas Jefferson High School, the Denver Academy, and Colorado International School.

With the modest homes, upscale renovations, and beautiful surroundings, University Hills is an ideal neighborhood for all walks of life. Contact the experts at Elevation Realty to help you find the best home suited for you and your family. Looking to sell? Our team has all the information you need to accurately price your home.

View the Current Market Trends for University Hills

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Homes For Sale in the University Hills Denver Neighborhood

 

Finding the Right Home Inspector Before Closing on Goldsmith Real Estate


September 12, 2018

Buying a home is an exciting time for most people, and it’s easy to get so swept up in the process that you might want to overlook some of the more mundane details just to get to the closing. But items such as the home inspection are crucial to the process, so it’s important that you find the right home inspector before you close on Denver or Goldsmith real estate.
A home inspection is important because it offers buyers a layer of protection. For example, if you are purchasing a home that looks good as you walk through, this doesn’t tell you how the HVAC system runs or if the plumbing is in good shape or if the roof is sound. An inspection goes beyond what your inexperienced eye can see and makes sure the systems of the house are in good working order. If you make an offer on a house only to learn that it needs a new roof or has mold in the basement, this can provide you with an opportunity to either back out of the sales contract or negotiate with the seller to either pay for the repair or lower the purchase price of the home.
How can you ensure you find a reputable home inspector? Gather the following information before you make a decision to hire someone.

Get Information on the Inspector’s Prior Experience

The more experience the inspector has, the more likely he or she is to unearth problems in the home that might go unnoticed by others.

Make Sure You Can Attend the Inspection

You should be present at the home inspection, and any home inspector who does not want you there should raise a red flag.

Ask About the Inspection Report

You want to make sure you get a detailed report on all the areas of the home. You should ask to see a copy of a past inspection report. It’s also a good idea to find out if the inspector has discovered major problems with houses he or she has inspected in the past.
Find out more about the home inspection report from the American Society of Home Inspectors’ article Find Your Answers to Home Inspection Cost and Home Inspection Service Questions.

Find Out an Estimated Cost for the Inspection Ahead of Time

If you like what the inspector has to say about other areas of the inspection, then it’s time to find out about fees. Although you shouldn’t base your decision on cost alone, sometimes you get what you pay for. Fees should weigh in on your decision, but they shouldn’t be the ultimate decider.

If you’re thinking about purchasing Goldsmith real estate, Elevation Realty can help with everything from the home search to the inspection to the closing. We can tell you more about the Goldsmith market and help you whether you are looking for a starter home or if you want to find your forever home. Contact us online or give us a call at 303-579-3566 to begin your search.   
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Buying University Hills Real Estate With Less-Than-Perfect Credit


September 5. 2018

Buying a home. For many, it’s the equivalent of the American dream, but it can be out of reach for some people, particularly those who have credit scores that are less than ideal. But the good news is that buying University Hills real estate is still possible. Although the better your credit, the better your loan terms (such as a more favorable interest rate), there are still steps you can take to become a homeowner—and with today’s appreciation, it might be well worth it.
Find Out What Your Credit Score Is
There are a number of ways to find out what your credit score is. Referred to as a FICO score, this number reflects the amount of debt you have, the amount of credit that is available to you, whether you have made payments on time, and so forth. Knowing your score will help you figure out whether or not you will qualify for the best loan terms or not.
You should also check your credit report to find out whether or not there are errors on it that are lowering your credit score. Get those corrected as soon as possible.
Here are some tips from the experts at My FICO on bumping up that credit score if there is room for improvement: How to Repair My Credit and Improve My FICO® Scores.
Mortgages Specifically Designed for Those With Poor Credit
The Federal Housing Administration (FHA) offers loans you can get with a lower down payment and a lower FICO score. FHA loans are one of the most popular types of loans for first-time homebuyers as well. But there are some other costs involved.
Since you can get an FHA loan without the standard 20 percent down payment, you will have to carry mortgage insurance on the loan to protect the lender in case you default. These are usually paid in the form of monthly premiums that are tacked on to your mortgage, tax, and insurance payment each month.
You’ll have to carry this insurance until you have equity in the home, at which time you can refinance your mortgage to drop this extra payment.
In addition to FHA loans, there are other government programs available for first-time homebuyers and those with less-than-perfect credit.
Determine How Much House You Can Afford
Although some of this is simply a matter of budget—and what you can reasonably afford to pay each month for housing—there are other limits you should know about. The maximum loan values for FHA loans vary across the country, so you’ll need to speak with a lender.
If you’re thinking about purchasing University Hills real estate, Elevation Realty can help. If you are concerned that your credit score will hinder the process, set up a meeting with us and we can go over the numbers. Homeownership does not have to be out of reach. Contact the Elevation Realty team when you are ready to purchase your dream home or give us a call at 303-579-3566 to begin your search.   
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University Hills Real Estate: Your Guide to Purchasing a Fixer-Upper


August 29, 2018

Given the popularity of television shows on home improvement stations, buying a fixer-upper is something more and more people are willing to do. While it may look easy on TV, the truth is that buying a fixer-upper can be wrought with challenges—unless you know how to do about it properly. Since you can get a fixer-upper below neighborhood market value, this is a very attractive option for home buyers looking at University Hills real estate.
The advantages are clear:
  • In this competitive real estate market, you will probably face less competition since not everyone is ready, willing, or able to deal with a fixer-upper.
  • Your potential for resale profit is high.
  • You will learn—a lot!—about home repairs and about how to properly maintain a home.
  • You can have fun putting your own touches into a home. (Are you a fan of HGTV’s show “Fixer-Upper”? Here are some tips for bringing Joanna’s style into your home.
  • You will derive much personal satisfaction once the project is completed, and you can enjoy the fruits of your labor.
Let’s take a look at how you can make sure you do it the right way.

What to Look for in a Fixer Upper Home

Many homebuyers—first-time buyers, in particular—cannot look at a home and see past its imperfections to its potential. You need to be able to look at the bones of the house to see what is correctable.
Other items of importance:
  • The location. You want to buy an ugly house in a good neighborhood whenever possible. Take a look at how well the surrounding homes are maintained. Are they primarily owner-occupied? This will have an impact on resale.
  • The configuration. A two-bedroom home with one bath is not going to be as attractive to buyers in the future as a three-bedroom home with two baths—or a four-bedroom home, and so on.
  • The layout. If the layout doesn’t flow, you might end up taking down or moving walls, which may or may not be practical given your budget or level of expertise. Homes with bedrooms on two different floors probably won’t appeal to buyers with children. Homes with a choppy floor plan won’t appeal to as many buyers in this open-concept era.
  • The condition. If the house needs extensive work, such as a new roof or a new HVAC system, this can add a significant amount to your rehab budget. Cosmetic needs, such as painting and flooring, are more affordable—and easier for the do-it-yourselfer.

Estimating the Costs of Repairs

Be realistic about your budget when approaching the purchase of a fixer-upper. There are easy fixes—and there are fixes that will cost you more because you will probably have to hire professionals.
Easy fixes include items such as:
  • Patching walls and painting
  • Putting in new flooring
  • Installing new fixtures
  • Replacing toilets
  • Putting in new baseboards
Fixes that will run you quite a bit more money include:
  • Taking down or moving walls
  • Reroofing
  • Replacing the HVAC system
  • Remodeling kitchens and bathrooms
  • Replacing all plumbing or electrical systems
If you’re ready to move to a great neighborhood, such as University Hills, Elevation Realty can help. The University Hills area is great for singles and families—especially if you are interested in purchasing a fixer-upper. Whether you want to make your purchase your home or if you plan to flip the property, we can help you find the ideal University Hills real estate. Contact the Elevation Realty team when you are ready to find the right fixer-upper property or give us a call at 303-579-3566 to begin your search.   
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What First-Time Homebuyers in University Hills Need to Know About Real Estate


August 22, 2018

If you are a first-time homebuyer, you don’t need anyone to tell you that this is a big decision. Buying a home is probably the biggest financial investment you’ll ever make. You are likely very excited about buying University Hills real estate, and you probably have many questions about. Here are some of the most common questions first-time homebuyers usually have.

Why Buy Instead of Rent?

There is no doubt that renting is “easier,” but you don’t get the perks of homeownership as a renter. Some of these include:
  • A portion of your monthly mortgage payment goes toward reducing how much you owe on the home, so your money is actually working for you instead of a landlord.
  • Your mortgage interest and property taxes are tax deductible, so this will help reduce how much you owe to the IRS each year.
  • You can build equity as the value of your house goes up over the years.

Is Now a Good Time to Purchase a Home?

Now is a great time to buy a home because interest rates are still low. Of course, you need to assess your own financial situation to determine whether or not it is a good time for you to buy. You also need to have enough money saved for a down payment, and you’ll need to have a decent credit score.
How Much Will I Need for a Down Payment?
This will depend on a number of different factors, but it usually is about 1 to 3 percent of the price you are offering for the home. In general, you have to have enough money up front to cover the earnest money that accompanies your offer to purchase, the down payment, and the closing costs of the transaction.

How Much House Can I Afford?

Here’s a calculator you can use to help determine how much home you can afford. This is a good way to figure out if now is a good time for you to buy. If the average price of homes in the area are more than you can afford, you’ll need to continue saving up for a down payment.

What Is the Closing All About?

The home closing is the meeting you’ll have—usually at a bank or title company—where all the fees, costs, and paperwork is finalized. Be sure to ask questions if there is something you don’t understand. There will be a stack of documents for you and the home seller to sign, and the mortgage and deed will be recorded with the county. You’ll get a copy of all the documents as well as the keys to the home.
If you are a first-time homebuyer who is on the fence about buying real estate in University Hills, the professionals at Elevation Realty can help. We can tell you more about the University Hills real estate market and whether now is a good time for you to buy based on your current financial situation as well as on current interest rates. Contact the Elevation Realty team when you are ready to buy and want to find your dream home or give us a call at 303-579-3566 to begin your search.   
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Preparing Your Home in the University Hills Real Estate Market for a Quick Sale


July 18, 2018

When you decide to sell your home, you want it sold as quickly as possible. If your home is in the University Hills real estate market, you have the added advantage of being located in a desirable area. But you want to make the most money possible with the sale, so it is to your advantage to take a bit of extra time and a small amount of money to spruce up your home to get top dollar.
Here are some ways you can do that.
Here are some additional tricks of the trade from the folks at HGTV: 10 Best-Kept Secrets for Selling Your Home.

Planning

Pick a day in the future that you will list your home—and work backward from that date so you get everything done. You are anxious to list, but be reasonable to give yourself enough time to get everything done. to list in the future and work backward from it.

Get Outside Opinions

Have a real estate agent go through your home and make a list of suggestions on work that needs to be done. You are so familiar with your home, you probably don’t even notice the chipped trim around the doorway or other imperfections that will be spotted by potential buyers.

Declutter

Get rid of the majority of your personal items. This is no longer your home, but it is a business transaction for which you want to get top dollar. Without your personal belongings all over the home, potential buyers can envision their own things in the house.

Learn About Home Staging

Staging a home properly is an important element in selling for top dollar. Showcase each of the rooms to its best advantage. For instance, an oversized California king bed in a small bedroom will make it look even smaller. A queen-sized bed in the same space, however, can make all the difference.

Paint

Nothing adds more value to your home than a coat or two of fresh paint on the walls. It makes everything feel fresh and clean. Stick to neutral colors to appeal to as many buyers as possible.

Spruce Up the Outdoors

Nothing makes a better first impression than a lovely front yard. Curb appeal can sometimes either make or break a sale. If the outside of your home isn’t appealing, you might not even get potential buyers through the door. Spend some time and money to add some color and greenery, clean up debris, and so on. People do judge a book by its cover, so keep that in mind.

Getting your home ready for a quick sale might seem overwhelming because there is so much to do. This is just one of the many reasons it’s so crucial to have an experienced real estate agent by your side. Don’t leave anything to chance; make sure you are working with someone who has the experience you need to have success selling your home in University Hills. Let Elevation Realty be your guide in managing those tasks. Contact us today.
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