Interested in Pagosa Springs Real Estate?
Don't Make These Costly Errors!
When you buy a home, there is much more to know than the price. If you are selling your property, you need knowledgeable advice and an aggressive marketing strategy.
Call 970-403-5025 or email us to get an experienced Pagosa Springs Realtor working for you!
Buying a home in Pagosa Springs
The natural beauty of Pagosa Springs real estate can easily seduce you. But before you buy, there's so much more you need to know than the price of your new home. If you're visiting from another area, you probably don't know all the critical questions you need to ask. Even a local needs savvy advice and representation.
The weak economy and recent spate of foreclosures has played havoc with real estate prices. Pagosa Springs is a small enough market, that a few recent sales made under duress can distort the statistics and make a realistic evaluation of home prices difficult. Whether you are buying or selling, you'll need a broker with many years of experience in the Pagosa Springs market to help you evaluate a property. You need to know which locations have traditionally appreciated well, and which have spottier records.
Use a Buyer's Broker
Did you know that a listing agent is legally obliged to look after the best interests of the seller? When you use your own "Buyer's Broker" you get an agent who is there specifically to look out for you. Your agent can help you avoid nasty surprises and evaluate a fair market value. Then, you'll be prepared to make an informed offer and go after the best possible price. Your buying agent can also go to bat for you during negotiations. Best of all, there is typically no extra cost involved.
Watch Out for Money Pits!
Of course you'll inspect the neighborhood to get a feel for the quality and upkeep of the nearby homes. But you must also ask your realtor about these (and other) potentially expensive problems. Failure to do so could cost you a lot of money.
Is the roof well designed for heavy snows, or is it at higher risk of damage? Will the snow slide off into inconvenient areas?
What is the water source? Some areas around Pagosa Springs have a lot of problems with water wells drying up or producing unsatisfactory water.
Is there a local road maintenance district? Is your road designated as "Unmaintained"?
What is the local soil composition? Some popular neighborhoods are built on soil with high clay content, and may cause cracks in floor tiles and drywall as the soil expands and contracts in different seasons.
What are the current taxes and how will they likely be affected by the upcoming reassessments?
Will you have access to natural gas for your heating, or propane only? (There can be a huge difference in cost).
Can you get cable TV? What about high speed Internet and your cell phone service? Many neighborhoods in the mountains are not well covered by these services.
There is a good possibility of a "Big Box" store moving into Pagosa Springs. Do you know how the planned location could affect your property value?
Pagosa Springs, CO is a place where wilderness, rustic charm, and culture blend pleasantly. Pagosa Springs and Southwestern Colorado abound with leisure and outdoor activities. Surrounded by the largest contiguous wilderness area, you'll find yourself in the center of nature's playground. Our area offers hiking, biking, and horseback riding. Fly fishing in the San Juan mountains is unsurpassed, with some of the most diverse terrain in Archuleta County.
When you are looking for Pagosa Spring real estate, Riverside Properties Realty is here to help you, and answer any of your questions regarding homes, vacant land, Colorado mountain ranches for sale, or investment property in Pagosa Springs and the neighboring areas.
Search for Pagosa Springs CO homes for sale here, and get an experienced Pagosa Springs Realtor on your side!