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Denver Tax Assessment

Did you get your “notice of valuation” from the city of Denver? The city is working hard to accurately value your property so they can fairly tax households throughout the county and raise money for public services and projects. Denver recently launched a program called the Denver Tax Receipt where you can actually see exactly where your tax dollars go, I highly recommend checking it out!

Your valuation should be close to you Zestimate or actual market value of your property. If you are the worst house on the block, your property value probably came in higher than the actual market value. If the valuation is not accurate, you have the ability to protest it with the city by June 3rd. Please email me if you need help protesting this value (kassidy@LivingRoomDenver.com).

Did you know Colorado is ranked 5th nationally for most affordable property tax valuations? Our taxes here are actually very low. The median household in Colorado is paying about $1500 in taxes per year in property taxes. The highest state property taxes are in New Jersey where residents pay $7840/year. California has a bad reputation for high taxes, but residents are paying about $3414/year. The red state of Texas actually has very high property taxes, ranked 45 of 50 making it one of the most expensive state property taxes. We looked at tax rates at a state level, but remember that your actual taxes will be determined by the combination of state, county, and city taxes. 

Once I understood where your taxes go by using the Denver Tax Receipt, I felt very proud to be contributing to fund the important services that make our great city run. I’m also grateful to live in a state that has affordable taxes when compared to other places. It’s a whole new perceptive once you start looking at the big picture! 

Here is a video from The City of Denver

Posted in: Homeowner Tips

5280s Denver Market Predictions – video series posted

We have posted the entire series of videos that we made highlighting some of the most important things to know about Denver Real Estate.
Follow the link below to watch the youtube playlist.

Posted in: Uncategorized Tagged: 5280, buyers agent, Denver, real estate, sellers agent

5280 Magazine – “Fortune Teller’s Guide to Denver Real Estate”

I was honored to be chosen to be part of 5280s “Fortune Teller’s Guide to Denver Real Estate”. Taylor and I sat down to go thru the issue and give you our predictions for Denver’s market. We will be posting a series of videos in the upcoming days so make sure you come back to see them all.

https://livingroomdenver.com/wp-content/uploads/2019/05/INTRO.mp4

Posted in: Uncategorized

Investment Strategies

I love sharing with my clients the different ways to make their real estate purchases smart investments.  I want to share with you my six favorite ways to invest in the market. 

The Classic Move Up 
Start small and every few years sell your current home and upgrade into something bigger. Great for every phase of your life – condo, townhouse, single family to a mansion. As your life grows, your home grows with you!

Roommate Rental 
Live with roommates who pay the mortgage.  This is great for people who like communal living. Room size, privacy, and two living rooms are important. This is a great way to get started as a young person before you have permanent roommates aka a husband/wife and children!

AirBnB Rental
Find a place that has a separate area which can be rented short-term.  Great for people who travel a lot and live in highly desirable areas. It is smart to avoid HOAs and in Denver, it must be the primary residence to legally rent short term.

Handyman Renovations
Find a place that needs improvement.  This is great for people who are handy and have excess time and cash. Best if you can find these deals off the market! If you do it yourself, you must have cash for the materials. A renovation loan can also be an option if you plan to hire a general contractor. If you are doing a quick flip, remember that if you live in the home less than two years, plan to pay taxes equal about 30%.

Denver & Mountain Balance
Purchase a second home in the mountains and AirBnB your Denver place on the weekends or vice versa. Great for people who love to ski and hike but also have obligations in the city. Live the ideal Colorado life and make a great income while doing it!

Real Estate Retirement
Purchase a new primary residence every two years, converting your old primary into a rental, and never sell. Great for people who want to retire and not work anymore. If you focus on cash on cash return when you make the initial purchase, you should be able to cash flow each investment for monthly residual rental income. Within 10 years you could be making about $5,000 per month. After thirty years it is pure profit and ideally, the values of the homes have tripled. 

Posted in: Homeowner Tips

Happy Earth Day

For every closing, I donate a $150 to The Park People to plant one tree in Denver. On Saturday, April 27th they are distributing trees those trees and can always use volunteers. It is a wonderful organization that is helping to make Denver more beautiful. To find out more information see the link below. 
To learn more about The Park People and sign up to volunteer. 

Also, on SEPT 5th they are celebrating their 50th anniversary. I’ve been helping plan the celebration at Denver’s City Park Pavilion and it is sure to be a fantastic evening. SAVE THE DATE and attend! 

Posted in: Blog

LUNCH & LEARN

Thank you to everyone who came and made the LUNCH & LEARN such a success. If your company would like to host a similar event PLEASE REACH OUT TO ME. It is a great presentation to learn about the Denver market, first-time real estate investments and home ownership. I look forward to scheduling an event with you soon. 

*MORE dETAILED information about what LUNCH and LEARN will teach you.

Posted in: Uncategorized

2018 Real Estate Market Update

In 2018 we saw the same pattern of the past with a very hot spring market that cooled down when inventory came on in June. September was an unusually slow month due to the midterm elections. The blue columns behind show the percentage of ask price. At the first circle where demand and supply are very tight, you can see that sellers were getting over their asking price. As inventory increased, many listings were going under asking in the Fall.

We definitely saw prices go up in the first half of the year as the Spring bidding wars escalated prices. The highest prices were in April, which would have been clients shopping for homes in March when you see the under contracts peak in the first graph. Although prices dropped after June, they didn’t dip under $415K where we started the year in 2018.

In 2018, listing went under contract faster than average in the beginning of the year, but at the end of 2018 homes actually stayed on the market longer than average between 2013-2017. You can see that in March, April, and May homes were only on the market for about five days. That means they get listed on Thursday, have an open house on Saturday, and are under contract by Monday. This is a very typical pattern for Denver during the Spring market.

Posted in: Blog, Housing Market Update

Thornton Townhouse

4761 E 98th Pl, Thornton, CO 80229

This immaculate townhome was built in 2016 with numerous upgrades. Upon entering the main level, you are welcomed with natural light and a very spacious entertainment area. The kitchen features granite countertops with maple wood cabinetry. It has an open concept layout that creates a fluid transition from the kitchen into the living and dining spaces. The townhome has a comfortable front patio with unobstructed views and a private back-patio space that leads into a joined grassy open area. There are two bedrooms, a master and second bedroom. Both rooms are located on the top level and have vaulted ceilings and their own private bathroom. The washer and dryer are conveniently located on the top floor. The home also has a tandem two car garage with a storage closet. The neighborhood is conveniently located near the RTD light rail station. The Cornerstone Clubhouse is large and can be reserved for special occasions plus it has an outdoor pool, fitness center, and community playground.

Check out Taylor’s Listing Video

Posted in: Blog, Listings with Living Room

Happy Clients in Arvada


7283 Eaton Cir, Westminster, CO 80003
Kassidy Benson, Buyer Representative
Learn more about this listing or read the client review on Zillow.

Back Story: Ashley and Ezra were out with their dog when they saw my listing sign for a property in Arvada and called me on a Saturday. I met with them that evening to show them my listing and a few others nearby. They got really serious right around Christmas time and we found their house on January 1st. We were able to get it $25K under asking price and $7K of concessions! Their dog Ella was a major motivating factor and we were all devastated by her unexpected death while they were under contract. 💔 They stayed strong and we close last Friday. This week they moved into their house during a crazy snow storm. They plan to do a kitchen overhaul, can’t wait to see final result!

Want to relive their home buying experience? Go to @kassidybenson on Instagram and check the stories under “Ash&Ezra Buy”

Posted in: Blog, Our Clients

Living Room Real Estate Featured in Denverite

One thing that sets Living Room Denver apart of other real estate firms is our knowledge about Accessory Dwelling Units (ADU) — also known as granny flats, carriage houses or casitas. LivingRoomDenver.com is the only website that identifies ADU zoned properties. Most real estate agents don’t even know what an ADU is, let alone the specific zoning codes and lot size. It was an honor to get recognized by Denverite for this contribution. This is an exciting time for ADU enthusiasts as the city of Denver pushes forward on a plan to make ADUs allowed throughout the city with the new Blueprint Denver planning tool which will be reviewed by city council on April 22nd. Being on top of policy, understanding the zoning code, and being a leader in developing better ways for our clients to find properties are a few ways we stand out!

Read the Denverite Article

Posted in: ADU, Blog, Denver News & Community Updates

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Featured Properties

10 S Irving Street $415,000

10 S Irving Street Denver, Colorado

3 Beds 2 Baths 2,101 Sq Ft 0.180 Acres

Sale Type: Active Listing courtesy of American Home Agents

3350 W Louisiana Avenue $430,000

3350 W Louisiana Avenue Denver, Colorado

4 Beds 2 Baths 1,580 Sq Ft 0.160 Acres

Sale Type: Active Listing courtesy of HOME TAG TEAM

401 S Osceola Street $439,000

401 S Osceola Street Denver, Colorado

3 Beds 2 Baths 2,517 Sq Ft 0.230 Acres

Sale Type: Active Listing courtesy of HomeSmart Realty

1903 S Wolcott Court $440,000

1903 S Wolcott Court Denver, Colorado

4 Beds 2 Baths 1,353 Sq Ft 0.180 Acres

Sale Type: Active Listing courtesy of Brokers Guild Real Estate

260 S King Street $440,000

260 S King Street Denver, Colorado

3 Beds 2 Baths 1,398 Sq Ft 0.140 Acres

Sale Type: Active Listing courtesy of 8z Real Estate

8295 W 10th Avenue $445,000

8295 W 10th Avenue Lakewood, Colorado

4 Beds 2 Baths 2,372 Sq Ft 0.260 Acres

Sale Type: Active Listing courtesy of Sterling Real Estate Group Inc

1487 W Cedar Avenue $450,000

1487 W Cedar Avenue Denver, Colorado

3 Beds 2 Baths 1,031 Sq Ft 0.110 Acres

Sale Type: Active Listing courtesy of inMotion Group Properties

521 S Decatur Street $450,000

521 S Decatur Street Denver, Colorado

4 Beds 2 Baths 1,752 Sq Ft 0.140 Acres

Sale Type: Active Listing courtesy of inMotion Group Properties

5330 Zuni Street $450,000

5330 Zuni Street Denver, Colorado

4 Beds 2 Baths 2,224 Sq Ft 0.220 Acres

Sale Type: Active Listing courtesy of The Agency - Denver

2700 W Bates Avenue $450,000

2700 W Bates Avenue Denver, Colorado

3 Beds 2 Baths 1,529 Sq Ft 0.140 Acres

Sale Type: Active Listing courtesy of MB HINKSON & CO

1236 S Osceola Street $465,500

1236 S Osceola Street Denver, Colorado

3 Beds 2 Baths 1,506 Sq Ft 0.170 Acres

Sale Type: Active Listing courtesy of COLORADO REALTY & PM INC

4718 Vine Street $474,900

4718 Vine Street Denver, Colorado

2 Beds 3 Baths 1,128 Sq Ft 0.070 Acres

Sale Type: Active Listing courtesy of eXp Realty, LLC

3316 W Walsh Place $475,000

3316 W Walsh Place Denver, Colorado

3 Beds 2 Baths 2,605 Sq Ft 0.150 Acres

Sale Type: Active Listing courtesy of ALL PRO REALTY INC

4651 Lincoln Street $475,000

4651 Lincoln Street Denver, Colorado

2 Beds 2 Baths 1,095 Sq Ft 0.110 Acres

Sale Type: Active Listing courtesy of RE/MAX Alliance-Longmont

4651 Lincoln Street $475,000

4651 Lincoln Street Denver, Colorado

2 Beds 2 Baths 1,095 Sq Ft 0.110 Acres

Sale Type: Active Listing courtesy of RE/MAX ALLIANCE

4900 W Gill Place $479,900

4900 W Gill Place Denver, Colorado

4 Beds 2 Baths 1,412 Sq Ft 0.140 Acres

Sale Type: Active Listing courtesy of Keller Williams Preferred Realty

2080 S Sheridan Boulevard $480,000

2080 S Sheridan Boulevard Denver, Colorado

4 Beds 2 Baths 1,728 Sq Ft 0.170 Acres

Sale Type: Active Listing courtesy of Keller Williams Realty LLC

1001 Raleigh Street $489,000

1001 Raleigh Street Denver, Colorado

4 Beds 2 Baths 1,682 Sq Ft 0.140 Acres

Sale Type: Active Listing courtesy of MODUS Real Estate

5 S Jay Street $489,900

5 S Jay Street Lakewood, Colorado

3 Beds 2 Baths 1,972 Sq Ft 0.240 Acres

Sale Type: Active Listing courtesy of BA Group Advisors

3095 Adams Street $495,000

3095 Adams Street Denver, Colorado

3 Beds 2 Baths 2,095 Sq Ft 0.130 Acres

Sale Type: Active Listing courtesy of THE SERVANT CORP

311 S Leyden Street $495,000

311 S Leyden Street Denver, Colorado

3 Beds 2 Baths 1,628 Sq Ft 0.160 Acres

Sale Type: Active Listing courtesy of Guardian Real Estate Group

142 S Xavier Street $499,000

142 S Xavier Street Denver, Colorado

7 Beds 3 Baths 1,292 Sq Ft 0.180 Acres

Sale Type: Active Listing courtesy of Megastar Realty

1980 S Dexter Street $499,995

1980 S Dexter Street Denver, Colorado

3 Beds 2 Baths 1,670 Sq Ft 0.200 Acres

Sale Type: Active Listing courtesy of Gather Realty

2540 S Irving Street $510,000

2540 S Irving Street Denver, Colorado

3 Beds 2 Baths 1,436 Sq Ft 0.140 Acres

Sale Type: Active Listing courtesy of Megastar Realty

1626 S King Street $510,000

1626 S King Street Denver, Colorado

3 Beds 2 Baths 1,994 Sq Ft 0.140 Acres

Sale Type: Active Listing courtesy of Humble Bee Realty LLC

1455 S Lowell Boulevard $519,000

1455 S Lowell Boulevard Denver, Colorado

4 Beds 2 Baths 1,820 Sq Ft 0.170 Acres

Sale Type: Active Listing courtesy of The Old Country Real Estate Group LLC

4504 W Gill Place $519,900

4504 W Gill Place Denver, Colorado

3 Beds 2 Baths 1,448 Sq Ft 0.110 Acres

Sale Type: Active Listing courtesy of Brokers Guild Real Estate

6085 W Arkansas Avenue $520,000

6085 W Arkansas Avenue Lakewood, Colorado

5 Beds 2 Baths 2,184 Sq Ft 0.140 Acres

Sale Type: Active Listing courtesy of Keller Williams Realty Urban Elite

1870 W 51st Avenue $530,000

1870 W 51st Avenue Denver, Colorado

4 Beds 2 Baths 1,393 Sq Ft 0.130 Acres

Sale Type: Active Listing courtesy of Keller Williams Realty Downtown LLC

842 S Quitman Street $539,000

842 S Quitman Street Denver, Colorado

3 Beds 2 Baths 1,024 Sq Ft 0.120 Acres

Sale Type: Active Listing courtesy of Vente Realty

426 Knox Court $539,900

426 Knox Court Denver, Colorado

3 Beds 3 Baths 1,550 Sq Ft 0.140 Acres

Sale Type: Active Listing courtesy of INTEGRITY TRANSITIONS REAL ESTATE LLC

4870 Tejon Street $540,000

4870 Tejon Street Denver, Colorado

4 Beds 3 Baths 1,823 Sq Ft 0.130 Acres

Sale Type: Active Listing courtesy of Paisano Realty, Inc.

218 Irving Street $546,331

218 Irving Street Denver, Colorado

5 Beds 3 Baths 1,866 Sq Ft 0.220 Acres

Sale Type: Active Listing courtesy of Malman Commercial Real Estate LLC

4854 N Lincoln Street $549,900

4854 N Lincoln Street Denver, Colorado

3 Beds 2 Baths 1,674 Sq Ft 0.220 Acres

Sale Type: Active Listing courtesy of MITCHELL REALTY SERVICES

2551 S Perry Street $550,000

2551 S Perry Street Denver, Colorado

4 Beds 2 Baths 2,228 Sq Ft 0.150 Acres

Sale Type: Active Listing courtesy of Realty One Group Premier

517 S Dale Court $550,000

517 S Dale Court Denver, Colorado

4 Beds 2 Baths 1,608 Sq Ft 0.140 Acres

Sale Type: Active Listing courtesy of Paisano Realty, Inc.

1620 S Chase Street $554,500

1620 S Chase Street Lakewood, Colorado

4 Beds 2 Baths 2,106 Sq Ft 0.140 Acres

Sale Type: Active Listing courtesy of West Rock Realty, LLC

5310 W 4th Avenue $559,900

5310 W 4th Avenue Lakewood, Colorado

4 Beds 2 Baths 2,083 Sq Ft 0.140 Acres

Sale Type: Active Listing courtesy of HomeSmart

2234 S Lafayette Street $565,000

2234 S Lafayette Street Denver, Colorado

3 Beds 2 Baths 1,360 Sq Ft 0.140 Acres

Sale Type: Active Listing courtesy of Compass - Denver

89 Ingalls Street $567,000

89 Ingalls Street Lakewood, Colorado

5 Beds 2 Baths 1,960 Sq Ft 0.160 Acres

Sale Type: Active Listing courtesy of Keller Williams Advantage Realty LLC

2520 S Lowell Boulevard $569,000

2520 S Lowell Boulevard Denver, Colorado

3 Beds 2 Baths 1,237 Sq Ft 0.160 Acres

Sale Type: Active Listing courtesy of Redfin Corporation

1590 S Perry Street $570,000

1590 S Perry Street Denver, Colorado

4 Beds 3 Baths 2,416 Sq Ft 0.170 Acres

Sale Type: Active Listing courtesy of DREILING REAL ESTATE CO

2425 Pierce Street $575,000

2425 Pierce Street Edgewater, Colorado

3 Beds 2 Baths 1,061 Sq Ft 0.200 Acres

Sale Type: Active Listing courtesy of Madison & Company Properties

2282 S Xavier Street $580,000

2282 S Xavier Street Denver, Colorado

4 Beds 2 Baths 2,146 Sq Ft 0.220 Acres

Sale Type: Active Listing courtesy of Keller Williams Realty Urban Elite

1261 Brentwood Street $585,000

1261 Brentwood Street Lakewood, Colorado

4 Beds 2 Baths 1,552 Sq Ft 0.180 Acres

Sale Type: Active Listing courtesy of Kentwood Real Estate Cherry Creek

2574 S Vrain Street $585,000

2574 S Vrain Street Denver, Colorado

4 Beds 2 Baths 1,589 Sq Ft 0.170 Acres

Sale Type: Active Listing courtesy of Addison & Maxwell

5860 W Louisiana Avenue $585,000

5860 W Louisiana Avenue Lakewood, Colorado

4 Beds 3 Baths 2,566 Sq Ft 0.210 Acres

Sale Type: Active Listing courtesy of Fathom Realty Colorado LLC

1672 Kendall Street $589,000

1672 Kendall Street Lakewood, Colorado

3 Beds 2 Baths 1,723 Sq Ft 0.230 Acres

Sale Type: Active Listing courtesy of DG REALTY & ASSOCIATES LLC

215 S Julian Street $589,500

215 S Julian Street Denver, Colorado

3 Beds 3 Baths 1,608 Sq Ft 0.140 Acres

Sale Type: Active Listing courtesy of Mile High Luxury Real Estate LLC

589 S Dale Court $589,900

589 S Dale Court Denver, Colorado

3 Beds 2 Baths 1,602 Sq Ft 0.140 Acres

Sale Type: Active Listing courtesy of Your Castle Real Estate Inc

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