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717 Marquette Avenue
Buena Vista, CO 81211
$1,225,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2244
Property Description
Luxury new construction home with pristine views of the Collegiate Peaks Mountains exquisitely located near parks and nature trail, the Arkansas River, biking and hiking, as well as the amenities of downtown Buena Vista and South Main. Delight in the upgraded finishes of this mountain modern home currently under construction including a floating metal staircase to the second floor living space, balcony off the upper level primary bedroom, oak cabinets with quartz counter tops, abundance of windows, and low maintenance exterior finishes of stucco, metal and stone. Welcome into the open concept of the main floor which boasts an office on the front of the home, a powder bath, formal dining area, corner kitchen with terrific cabinet space and quartz countertops, and spacious living room. Access the second floor living space via the custom metal floating stairs to a primary suite including a lovely ensuite bathroom with two vanities, walk-in closet and spacious tiled shower. Two additional bedrooms, full bath, laundry room and bonus space which would be ideal for library, music room, den or crafts with impeccable views of Mt Princeton. This design offers flexibility and space for everyone including fun in the fenced backyard with opportunity for gardening, storage options in the attached 2 car garage and attractive covered front porch. This is the first of five homes to be built on this block by this custom home builder. Front landscaping, fencing and final completion is scheduled for late fall. Call for a private showing and to find out more about the upgraded appliance package, finish details, lighting selections, and door/trim specifics. This is an active construction site - please make an appointment.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2024
MLS Number
4139000
Location
Address
717 Marquette Avenue
City
Buena Vista
State
CO
Zip Code
81211
County
CHAFFEE
Listing
Provider
First Colorado Land Office Inc, original listing
Name
First Colorado Land Office Inc
Phone
(719) 539-6682
Office Name
First Colorado Land Office, Inc.
Office Phone
(719) 539-6682
Agent Name
Julie Kersting

Local Real Estate Expert

JP
Jeff Post
First Colorado Land Office
Call Today!: (719) 539-8909

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.