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Blog Entry 1 of 2 Black Forest REALestate
Howdy, I'm the President of COhomefinder, the most popular website for Colorado Real Estate. Thousands of home buyers and sellers use our site every day, checking out our Google maps of over 45,000 properties for sale along the Front Range. Because of this large number of visitors, our website basically acts like a thermometer, constantly taking the temperature of the Colorado real estate market. I decided it might be fun to share some of the market insight, trends, and data generated by COhomefinder with the YourHub community. Real estate is a fascinating subject and seems to be on everyone's minds these days. No doubt, there is quite a bit of contradictory information, speculation, and downright misinformation out there about the real estate markets, so I may as well join the fray!

Colorado Springs Real Estate Roadmap
Contributed by: Lane Hornung   on 4/28/2007

Colorado Springs is made up of many different areas as you will find in your home search. The Northeast, East, Central, and Southeast areas make up the core of Colorado Springs. The Central area consists of many unique homes built at the turn of the century. Homes can also be found in the Central area that were built clear up to the 1960s. The majority of homes in the Northeast, East, and Southeast were built from the 60s to the 90s. The average price per SF in these areas is between $95-$115, where the Southeast is one of the least expensive areas to buy in.

Powers, Briargate, Northwest, West, Old Colorado City, Manitou Springs and Southwest are the areas just outside the core. These areas are quite different from one another. Powers is a large area that consists of homes built from the mid 60's in the south to homes that are currently being built as you move up north. Briargate is complete with homes built in the 70s where new construction is still available. The average price per SF in these areas is between $100-$120 per SF.

Northwest, West, Old Colorado City, Manitou Springs and the Southwest are areas that are tucked up against the foothills of Colorado Springs where some of the most high end properties can be found in Colorado Springs. Some of the oldest and most unique homes in Colorado Springs can be found at the base of the foothills in these areas, while newer luxury homes can be found as you climb up the foothills. The average price range for homes in these areas is between $110-$150 per SF.

Northgate, Black Forest, Tri-Lakes, Falcon, Fountain Valley, Ute Pass and Woodland Park are all areas on the outskirts of Colorado Springs. Northgate, Black Forest, and Tri-Lakes are just north of the core of Colorado Springs where many custom homes and acreage properties can be found. These areas are also popular for there location in comparison to Colorado Springs and Denver. The average price range for homes in these areas is between $110-$120 per SF. Many high end properties can be found in the Northgate, Black Forest, and Tri-Lakes areas.

Falcon and Fountain Valley are some of the least expensive areas to live in where the average price per SF is $90-$100. Falcon has a number of acreage properties, while Fountain Valley has all ages of homes including New Builds. Properties go down in price slightly as you travel further east.

Woodland Park & Ute Pass are areas deep into the foothills just west of Colorado Springs where many different properties can be found. Find anything from a cabin to a custom new build in these areas, where acreage is not uncommon. The average price per SF in these areas is between $120-$140.




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CONTRIBUTOR INFO

Lane Hornung

Colorado Springs , CO

Lane Hornung has posted 2 blog entries and 0 comments since joining on 4/28/2007. Lane Hornung 's average blog rating is 0.
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