Colorado Springs Vintage Homes Blog
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Archive for June 16th, 2009
Colorado Springs townhome and condo sales continue to be slow, down 28% for the year
Colorado Springs Townhomes and Condos
Must Read Article: Townhome bargains in Colorado Springs
Search for Townhomes and condos in Colorado Springs
The Colorado Springs townhome and condo market continue to be a BUYERS Market, as there is currently a 11.6 month of supply of homes on the market. A 6 month supply of houses on the market is considered a “NEUTRAL MARKET”. 427 townhomes/condos have been sold in 2009 vs. 579 for the same period in 2008; a decline of 28%.
Current Market Read the rest of this entry »
Quick Explanation of Zoning in Colorado Springs and surrounding cities
Colorado Springs Zoning
For a free Buyers Guide, Email Kathy Torline at KTorline@msn.com
I recently had a client ask me about what R-1 Zoning in Colorado Springs. If one person wants to know, maybe more of you do? Here’s the most commonly used codes that I see as a Colorado Springs Realtor specializing in residential real estate.
| PUD | Planned Unit Development | Colorado Springs | COS |
| R | Estate Single-family Residential | Colorado Springs | COS |
| R-1 6000 | Single-family Residential | Colorado Springs | COS |
| R-1 9000 | Single-family Residential | Colorado Springs | COS |
| R-2 | Two-family Residential | Colorado Springs | COS |
| R-4 | Multi-family Residential | Colorado Springs | COS |
| R-5 | Multi-family Residential | Colorado Springs | COS |
If you are looking for even more information about Colorado Springs Zoning, the Colorado Springs web page gives a very comprehensive descriptions of each category, and here’s a sampling of the explanations.
R (Estate Residential): Intended for single‑family dwellings with a minimum lot size of 20,000 square feet.
- Maximum Lot Coverage: 20%
- Minimum Lot Width: 100′
- Minimum Front Yard Setback: 25′
- Minimum Side Yard Setback: 10′
- Minimum Rear Yard Setback: 35′
- Maximum Building Height: 30′
Appraisals and Inspections, 2 important steps for home buyers
The following information is the fifth in a series of Buyer Tips to provide tips for both the first-time home buyer and the most experienced home buyer. The goal is to help the consumer to become better educated about purchasing real estate in Colorado Springs and the surrounding area. This article includes tips #11 through 15.
For a FREE Buyer’s Guide, Email KTorline@msn.com
11. When making an offer to purchase a home, consider any minor repairs or defects when determining your offer 
price. If there are items you wish to be resolved at the time of purchase, include those items on the Purchase Contract.
12. Understand that the appraiser and the inspector are two different people. The appraiser is hired by the lender to determine whether sufficient market value in the property warrants making the requested loan. The home inspector is hired by the homebuyer to conduct a general home inspection, or a more specific inspection for environmental issues, such as lead-based paint, radon, asbestos, mold, etc.
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Home inspectors are NOT licensed in Colorado. and you should choose a home inspector who is a member of the American Society of Home Inspectors (ASHI). (See my previous post: One way to find a good home inspector)
13. Attend the property inspections. A good inspector will show you problems and potential problems with a property, but will also give you tips on how to care for a house.
