720-724-8187 rogelio@vidabroker.com
Doing Your Own Remodel

Are you considering taking on a home remodel project on your own? If so, you may be wondering a few things:

1. Do you need to pull a permit?
2. Is there a chance you may start a project than find out that you don’t have the time, tools or skills  to do the job?
3. Will you run out of funds before completing the project?
4. Will the job even turn out as you thought?

Those are good questions. First of all, according to the City and County of Denver, “No permit is required for simple projects that only replace (like-for-like) existing cabinets, countertops, tiling, flooring in the same configuration, and/or like-for-like electrical, plumbing or ventilation fixtures.” You will need one if you’re changing the floor plan, making structural changes or if you will have new or relocated electrical/plumbing fixtures. Now, did you know that there is a homeowner’s exam to show proficiency in doing the project? If you pass, you can do the project yourself instead of hiring a contractor.
How about the cost? Get a few quotes from professionals with a separate figure for labor and materials. Run your numbers and compare them.

Here are some useful links:
Denver’s Project Guide for Interior Remodel Projects
Cost Estimates of Projects
AsktheBuilder Videos
HomeAdditionPlus Videos
Home Depot Workshops

Good luck with your project!

Can I assist you with your real estate needs? Just email at rogelio@rentandbuyhome.com or text 720-253-8513.

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YOUTUBE

As we settle into spring 2025, Denver’s real estate market is revealing some critical shifts. Whether you’re buying your first home or preparing to sell a property you’ve outgrown, understanding the market’s current temperature—especially through the lens of months-of-supply—can help you move with clarity and confidence.

📊 What Is Months-of-Supply?

Months-of-supply tells us how many months it would take to sell all current homes on the market at today’s pace, assuming no new listings come in. It’s one of the best ways to gauge whether buyers or sellers have the upper hand:

  • 0–4 months: Seller’s market
  • 4–6 months: Balanced market
  • 6+ months: Buyer’s market

📍 What’s Happening in Denver?

Denver currently has a 3.1-month supply, nudging close to a balanced market. While still favoring sellers slightly, inventory is rising fast—up 11.2% year-over-year and a striking 70.6% above 2019 levels. New listings also rose by 18.1% over the past year, though still slightly below pre-pandemic levels.

Now here’s a key point: closed sales in April 2025 were down 3.2% from last year. Fewer completed transactions suggest that buyer activity is cooling even as more homes hit the market. This shift reflects growing caution among buyers, likely tied to higher mortgage rates and affordability pressures.

In simple terms: we’re seeing more homes for sale, fewer homes being sold, and slightly longer time on market. This is a clear signal that the market is transitioning—and that timing, strategy, and pricing are more important than ever.

🏙️ Comparing Other Cities

Miami Area – 7.8 months of supply

Buyer’s market with inventory up 37.5%, but closed sales flat. Homes are sitting.

Austin, TX – 5.4 months

Moving toward balance. Listings up 19.7%, but also seeing a slowdown in closed deals.

Phoenix, AZ – 3.6 months

Still seller-friendly, but inventory has surged 54.6%. Like Denver, the pace is slowing.

In comparison, Denver’s sharp inventory rise paired with declining closings indicates one thing: competition is heating up—especially for sellers.

🤝 Buyers: Opportunity Is Knocking

  • More Inventory = More Choice

  • Stronger Negotiation Power: Fewer bidding wars, more room to talk terms.

  • Act Smart, Not Fast: It’s not about “the deal”—it’s about the right deal.

💼 Sellers: Stay Strategic

  • Price It Right: With fewer sales happening, homes that are overpriced are sitting.

  • Presentation Wins: You’ll stand out when your home is clean, staged, and easy to show.

  • Act Now While It’s Still a Seller’s Market: We’re on the edge—waiting could cost you.

📲 Let’s Talk—No Pressure

Whether you’re dreaming of a new home or prepping to sell, let’s have a free, no-obligation conversation to map out your next move.
📞 Text/call me directly at 720-724-8187
📅 Or grab a time that works for you: Book Here

You’ll get real insight, no pressure—just a smart path forward based on your goals.

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