DENVER (KDVR) — Denver metro homebuyers are shelling out record quantities above asking price. In March, Denver prospective buyers compensated an average of 105.8% of the asking value, the greatest ever recorded.
It is just one of the explanations some people claimed they’re leaving Colorado entirely.
A true estate listing posted on Coldwell Banker Properties 22 days back offers a glimpse at how warm the housing sector continues to be in our condition.
The listing is for 3301 S. Glencoe St. in Denver. It is a 3-bedroom, 1 comprehensive toilet, 1 partial bathroom house with 1,300 square toes. It also has a 2-car or truck garage.
It is shown for $429,000, but a sale is pending.
But here’s the kicker: The dwelling is explained in the listing as a “total disaster”.
“This household is a complete catastrophe! Bought “as is” such as all the “stuff” on the house. A terrific garage, however. You require to carry your creativeness. 1 of the worst attributes on the market.”
Pics of the house showcase a garage covered in stains and several hues of paint. The house itself is crammed with stained partitions, trash, and random furnishings and bins. The property is also covered with random home furniture, bins, and piles of stuff.
In September of 2000, the home sold for $182,900. Approximately 20 decades later, it’s pending a sale of $429,000, practically a quarter million bucks much more.