Buying a Home In Colorado: 5 Things You Really Need To Know

Buying a home in Colorado? Whether you’re a first-time buyer or just new to the area, here are 5 things you really need to know when it comes to buying a home in Colorado.

1. Say No To Hail Damage

If you’re buying a home in Colorado, you’ll definitely want covered parking or a garage to protect your vehicles from golf-ball size hail damage. Year-after-year, this mountainous state gets record-breaking hail. According to rmiia.org, Colorado hailstorms have caused more than $3 billion in insured damage over the last 10 years

2. Steep Driveways Are a Deal Breaker

Don’t buy a house with a steep road or driveway. In mountainous states like Colorado, driving up a steep driveway in snowy or freezing conditions can be difficult and even dangerous in bad weather. Not to mention, you’ll have to deal with the hassle of keeping your driveway snow-free all season long.

Photo Credit: Serendigity (Flickr).

3. Make an Aggressive Offer

You always want to be aggressive in your search efforts for real estate, especially in a competitive market like Colorado. If you find the home of your dreams in Colorado, you’ll want to be prepared to act fast and make a strong offer to the seller. Never underestimate the importance of reacting quickly.

4.  Find The Best Neighborhood

Like any big city, crime can increase as the population grows. Do your research ahead of time to find out if your new potential neighborhood is safe for you and your family. Be on the lookout for communities that are gated, supported by neighborhood watch programs, or even HOA’s that provide security.

Photo Credit: JamesBrey (iStock).

5. Gives Yourself Extra Space

From local tourist attractions to family visits, Colorado is a popular destination for many. You may want to consider a home with extra space or bedrooms for these purposes. Whether you decide to create a cozy guest room or even rent out spare rooms in your home to local travelers, it’s a great idea to find a home with a little extra space.

Buying a home in Colorado certainly has its list of perks and disadvantages. Guide yourself through the process of home ownership in Colorado using these simple tips.