We find ourselves in the middle of one of the greatest wealth transfer periods of all time. Those with wealth must decide whether they want to make transfers, and if they do, they must decide how much, to whom, when and in what structure?
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Among the content:
• Writer Jeff Thomas describes a conundrum for those interested in buying or selling a high-end property, especially properties with an asking price above $5 million. The problem? Lack of available comparable sales, known as “comps.” The local market has not provided enough of these sales for air-tight appraisals. That, of course, can make securing a loan somewhat problematic.
• What trends are being seen across Boulder and Broomfield counties when it comes to property-tax assessments? Writer Jeff Thomas explores what increases (or decreases) are being experienced in communities across the Boulder Valley, based on assessments of 2012 and appeals this year.
• Michelle Venus provides a great writeup of how local home builders and architects customize their home designs for people of different cultures. Michelle interviewed Fernando Pages Ruiz, an Argentinian-born builder and developer who relocated to Boulder. People of different cultures have very different ideas about home design, and catering to those different tastes can set a builder apart from the rest of the pack.
• Writer Sally McGrath takes a look at the market for luxury homes in the Boulder Valley. The inventory for luxury homes is growing, particularly in Boulder. The Boulder Valley overall has luxury homes on the market ranging from $1 million in price to $16.9 million.
This edition of Distinctive Homes includes a number of other interesting articles and features. As you look to buy or sell a home — or if you’re simply an interested home owner — and see other trends that would make good features, please contact me.
Christopher Wood can be reached at 303-440-4950 or via email at firstname.lastname@example.org.