Land for Sale in Evergreen, Colorado
With the current shortage of existing homes for sale in Evergreen and the Denver Foothills, the demand for land for sale in Evergreen CO has seen a significant surge. Realtors in the area are witnessing increased movement in the land market, with more buyers expressing interest in purchasing land for development and spec homes. As a result, land values in Evergreen have been on the rise, and sale prices have shown consistent growth over the past few years. The average sale value of land has remained above $400,000, indicating its growing importance in the real estate market.
The Growing Trend of Land Value in Evergreen
One of the reasons behind the increasing value of land in Evergreen is the scarcity of easily developable parcels. Finding land suitable for construction, without the need for extensive blasting, excavation, or the installation of utilities over long distances, has become a challenge. As a result, the limited supply of land that meets these criteria has contributed to the upward trend in prices.
The Appeal of Buying Land in the Mountains
When the search for an existing home becomes challenging, buyers often consider purchasing land and building their dream homes instead. However, it's important to recognize that buying land comes with its own set of challenges. Particularly when looking for land in the mountains, there are specific factors to consider.
Factors to Consider when Buying Land in the Mountains
- Water Source and Wells: Most available land in Evergreen requires the installation of a well for a water source. Digging a well can be a costly endeavor, with potential expenses ranging from tens of thousands of dollars, depending on the depth required.
- Septic Systems: Once the well is taken care of, the installation of a septic system becomes necessary. This additional expense should be factored into the overall cost of purchasing land.
- Utilities and Infrastructure: Running utilities, such as electricity and internet, from the nearest connection point to the land can also be a significant undertaking. Buyers need to carefully review the land descriptions and conduct thorough research to determine the feasibility and cost of connecting utilities.
- Building Restrictions: It's crucial to examine the covenants, conditions, and restrictions (CCR's) and homeowners' association (HOA) documents to ensure that the desired type of structure, such as a tiny home, is permitted on the land. Additionally, confirmation from the county regarding the allowable structures is essential.
- Development Costs: Buyers must consider additional costs associated with land development, such as constructing driveways and preparing the land for construction.
Active Listings and Land Availability in Denver Foothills and Evergreen
Currently, the market for land in the Denver Foothills and Evergreen is vibrant, with active listings available to prospective buyers. However, due to the increased demand and limited supply, it is crucial to act swiftly and engage the services of a knowledgeable real estate agent specializing in land sales in the area. These professionals can guide buyers through the process, help navigate the intricacies of land purchase, and negotiate favorable terms.
Embrace the Opportunity to Build Your Dream Home
While buying land in Evergreen, Colorado may present its challenges, it also offers a unique opportunity to create a customized sanctuary in the mountains. With careful consideration of the factors mentioned above, buyers can overcome the obstacles and enjoy the fulfillment of building their dream home in a picturesque and sought-after location.
Invest in the Future: Explore Land for Sale in Evergreen, Colorado
If you're ready to invest in the future and embark on the journey of building your dream home in Evergreen, Colorado, there are numerous resources available to help you find the perfect piece of land. By working with a trusted real estate agent who specializes in land sales in Evergreen and the Denver Foothills, you can access a comprehensive list of available properties and receive expert guidance throughout the buying process.
The Benefits of Buying Land in Evergreen
- Location: Evergreen offers a picturesque mountain setting with close proximity to Denver, providing the perfect balance between peaceful natural surroundings and convenient access to urban amenities.
- Customization: Purchasing land allows you the freedom to design and construct a home tailored to your specific preferences and needs. You have the opportunity to create a truly unique living space that reflects your lifestyle and vision.
- Investment Potential: Land in Evergreen has shown consistent appreciation in value over the years. By acquiring land now, you can potentially enjoy a profitable return on your investment in the future.
- Privacy and Serenity: Building your home on a spacious piece of land provides a sense of privacy and tranquility, allowing you to escape the noise and congestion of densely populated areas.
Engaging a Real Estate Agent
When searching for land for sale in Evergreen, enlisting the services of a reputable real estate agent who specializes in the area is crucial. A knowledgeable agent will have a deep understanding of the local market, access to exclusive listings, and the expertise to navigate the complexities of land transactions.
- Experience: Look for an agent who has extensive experience in land sales and a proven track record of successful transactions. They should be well-versed in the unique considerations and regulations associated with purchasing land in Evergreen.
- Local Knowledge: An agent familiar with the specific neighborhoods and subdivisions in Evergreen can provide valuable insights into factors such as zoning restrictions, utility availability, and development potential.
- Network and Resources: A reputable real estate agent will have an extensive network of contacts, including land developers, builders, and other industry professionals. This network can be invaluable when it comes to finding the right resources to assist you throughout the building process.
- Negotiation Skills: A skilled negotiator can help you secure the best possible price and terms for the land you desire. They will advocate for your interests and guide you through the negotiation process with confidence.
Begin Your Journey to Land Ownership
With the guidance of a trusted real estate agent, you can embark on an exciting journey to find and purchase the perfect piece of land in Evergreen, Colorado. Be proactive in your search, consider your budget and requirements, and take advantage of the expertise offered by professionals in the field.
Remember to conduct thorough due diligence on any property you're interested in, ensuring it meets your specific needs and aligns with your long-term vision. Don't hesitate to seek advice from architects, builders, and other experts who can provide valuable insights during the land evaluation process.
Investing in land in Evergreen is not just a financial decision; it's a chance to build a home and a future in a breathtaking mountain community. With careful planning, professional guidance, and a clear vision, you can turn your dream of land ownership into a reality. Start exploring the available land for sale in Evergreen, Colorado today and unlock the boundless possibilities that await you in this stunning mountain paradise.
With the recent decline in available existing homes for sale in Evergreen and the Denver Foothills, land has been becoming a much more valuable commodity. Realtors are seeing a lot more land movement in the recent months. The calls from buyers are picking up as well as people buying land to develop and do spec homes. Land has increased in value and sale prices over the last few years. It has stayed over $400,000 average sale value for most of the time over the last few years. Land is seeing an upward trend as it is becoming harder to find land that is easy to develop and land that is able to be built on without a great deal of blasting, excavating or running utilities for 100's of yards.
Buying land in the mountains can sometimes be tricky
Sometimes buyers get frustrated when they can't find an existing home for sale so they think the next option is to buy a parcel and build a home. Sounds like a great idea... right? Well not always. Buying land has it's own challenges. When you are looking for land for sale in the mountains you need to know a few things. The first is that there are other factors to consider. Most of the land in Evergreen that is available is in the need of a well. Digging of a well can be costly. It usually (depending on the depth) can cost 10's of thousands of dollars. Then you need to put in a septic. After that is taken care of you need to run utilities from the nearest box. When you are searching for land you need to look at the description carefully. Then you need to do your own research. If you are looking for land to build a specific structure like a tiny home, you need to look at the CCR's and HOA docs to confirm that type of structure is allowed. Then you need to confirm with the county to confirm that type of structure is allowed. You also need to consider putting in the driveway and other costs involved with developing land. The nice thing about buying an existing home is all that leg work has been done for you already.