Home for Sale at 1055 Broadview Place, Colorado Springs, CO 80904

1055 Broadview Place
Colorado Springs, CO 80904

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Property Details

List Price:	$1,149,000
Beds:	5
Baths:	5
Status:	Pending
SqFt:	4503
Agency:	Redfin Corporation

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Description/Comments

Lot Size:	2 acre(s)
Property Type:	Residential
Year Built:	1991
Notes:	Nestled on the serene westside of town, just minutes from downtown, Old Colorado City, and the awe-inspiring Garden of the Gods, this remarkable property offers a rare blend of tranquility and convenience. Set upon almost 3 acres of land, it boasts unparalleled panoramic views stretching from the majestic Pikes Peak to the iconic Cheyenne Mountain and the downtown Colorado Springs skyline. Tucked away in the peaceful Broadview Ranch community, this home provides utmost privacy while still being within easy reach of all essential amenities. The neighborhood, characterized by its small, quiet single street cul-de-sac, fosters a close-knit community atmosphere, with many original homeowners who look out for one another. Stepping into the backyard, you'll find yourself immersed in the natural beauty of Sonderman Park, offering a seamless extension of outdoor living space. Enjoy leisurely games on the sand volleyball court or simply unwind amidst the expansive greenery. The backyard is primed for entertaining, featuring a main level patio wired for a hot tub, as well as a built-in gas grill area. Inside the home, attention to detail is evident at every turn. Vaulted ceilings in the great room accentuate the breathtaking views, while the chef-worthy kitchen boasts newer appliances & seamless connectivity to the living spaces. With wiring for sound system speakers throughout, including in-ceiling speakers in the family room and primary bedroom, as well as motion-sensor lighting, every aspect of modern comfort and convenience has been thoughtfully integrated. The property also features a solar panel array tied into the city grid electric power system. Recent updates, including a remodeled basement, new LVP floors, interior doors & trim, landscaping enhancements, and a new mini-split A/C system. With 2 main level bedrooms, 2 basement bedrooms, and a luxurious primary retreat, there's ample space everyone. Multiple living areas offer versatility & functionality. Welcome home!
MlsNumber:	3680416

Listing Provided By:	Redfin Corporation, original listing
Name:	Redfin Corporation
Phone:	(303) 548-6868
Office Name:	Redfin Corporation
Office Phone:	(303) 536-8941
Agent Name:	Mercede Ragghianti ABR GRI SRES
Disclaimer:	Copyright Â© 2024 Pikes Peak Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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