If your budget is in the $500’s range and you are considering moving to Evergreen Colorado then you may wonder just what kind of homes are available in your budget. Below I have put together some images of Evergreen homes that have recently sold to help you get an idea of what homes look like in your price range.
As of November, 2018 the homes displayed on this page had sold in the $500k range and are characteristic of homes in the Evergreen area. Homes is this price range won’t necessarily be in very specific neighborhoods as Evergreen in general is not the product of a master planned community. Having said that you may find a 3,000 sqft home next to a 1,600 sqft house in some areas.
Characteristics Typical of $500k Homes In Evergreen, CO
Square Footage: 2,000-2,700 sqft
Acres: 2 acre or less
Bedrooms: 4 or less
Condition: Average & may require some renovation
Example 1
List Price: $495,000
Sold Price: $500,000
Finished Sqft: 1,657
Acres: .78 Acres
Beds: 3
Baths: 3
Days on Market: 7 days
Example 2
List Price: $575,000
Sold Price: $580,000
Finished Sqft: 2,707
Acres: 2.32
Beds: 3
Baths: 4
Days On Market: 4
Example 3
List Price: $525,000
Sold Price: $530,000
Finished Sqft: 2,286
Acres: 1.13 Acres
Beds: 3
Baths: 3
Days On Market: 4
Example 4
List Price: $474,900
Sold Price: $525,000
Finished Sqft: 2,419
Acres: .47 Acres
Beds: 3
Baths: 2
Days On Market: 8
Common Evergreen Neighborhoods In This Price Range
Mountain Park (Central Evergreen)
Craigmont (South Evergreen)
Buffalo Park (Central Evergreen)
El Pinal (North Evergreen)
Brook Forest
Demand for Evergreen Homes in the $500k Range
Single-family Homes in this price range are in the second highest demand for several reasons. The first reason is this price range is more affordable and a larger population can afford these homes. The second reason is the limited inventory of homes in Evergreen. A prime home in this price range in the past few years could easily have multiple competitive offers and these homes will typically go under contract within the first week of listing. Every house example on this page sold for more than list price.
Tips On Buying a Home in Evergreen CO
Buying a home in the mountains is not like buying a home in the city. Mountain homes are more likely to be on well & septic and propane vs natural gas as well as various zoning assignments and may be located on multiple land parcels. It is important to have a real estate broker that specializes in mountain properties in the Denver foothills area. Having an experienced mountain broker can also give you an advantage when presenting and winning the offer process. I also recommend having a local mortgage lender that is familiar with working with Mountain properties.
Evergreen Alternative – Get More Home For Your Money
If you have trouble finding exactly what you want in a home in Evergreen, I would encourage you to explore Evergreen’s sister community, Conifer. Conifer is a mountain community just located South of Evergreen and you can typically buy a comparable home for $50k – $70k less.
Winning the Offer & Getting to The Closing Table Stress Free
Having an experienced mountain area real estate / mortgage / title team can make all the difference between a smooth closing process and one that craters. This can be incredibly frustrating and stressful especially if you consider the domino effect it can have on your buyers (if you are selling a house) and the sellers of the house you are trying to purchase. Believe me, I have seen clients have bad experiences by going with online lenders who were enticed with a fraction of a point better rate than a more reputable lender.
If you are not sure about your housing budget or credit, I would encourage you to talk to a Mortgage broker to get pre-qualified for a loan. Having this conversation will help you to identify early if there are any credit issues so you will have time to address them prior to applying for a loan. Below are two local mortgage brokers that mainly deal with mountain properties. My past clients as well as I have had an excellent experience with both of them.
Caliber Home Loans
Mike Sadowski
Direct: 720-280-0622
Email: mike.sadowski@caliberhomeloans.com
Home Mortgage Alliance, LLC
Robin McGlone
Phone: 303-378-5973
Contact an Evergreen Colorado Real Estate Agent
Shad Philips – Certified Mountain Area Specialist 303-218-6926
To learn more about any Evergreen Colorado homes for sale or to receive email notifications when homes are listed for sale in Evergreen Colorado, call 303-218-6926 or contact an Evergreen Colorado REALTOR®.
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