New Construction Homes or Buying Resale? What are the Pro's and Con's?

Monday, Apr 01, 2019


At LC Home, we understand that when you are purchasing a new home, you want to feel confident that you are getting the best possible quality at the right price for that particular market. One of the most common questions we get is: “Should I buy a new construction home, or a resale home?” Assuming the goal is to ultimately purchase a home that you will e living in for several years to come, the answer can vary. Both types of homes have advantages and disadvantages to them. LC Homes has compiled a list of potential Pros and Cons for purchasing each type of home (new construction versus resale), and this is what we came up with:

New Construction Homes

Pro: Flexibility in choice and potential signing incentives

Regarding the flexibility in choice, when purchasing a new construction home, you have an advantage in selecting which particular lot you would like your home to be built in. So if there is a preference on which bedroom windows face east, west, north, or south, there is some choice in that. Would you like your new home to be built where your backyard opens up to a community playground? This can be done. Many people like to have control over such aspects for various reasons.

When mentioning incentives, some builders can offer you things such as free upgrades, lower down payments, no or reduced closing costs, free landscaping services, pre-installed appliances or other furnishings, or bonus cash to get you to sign a purchase agreement for a new construction home.

Pro: You receive a new home warranty

When you purchase a new construction home, you can sleep easy at night knowing that the new construction home is protected from any sort of damage or component failures for anywhere between 1 year and 10 years.

Con: Your new home warranty does not cover any homeowner damage

Just as it sounds, any damage that you, as the new homeowner, have caused to the structure (which can also include a misuse of an appliance that results in home damage) will not be covered under your new home warranty and you will have to pay such expenses on your own.

Con: There is often lots of ongoing construction in your neighborhood for the foreseeable future

As is the case with many new neighborhoods or communities that people move into, the construction and landscaping activities are ongoing, meaning an influx in dirt, dust, and noise surrounding your new home for a while.

Resale Homes

Pro: Much faster acquisition and move-in date

Obviously, a resale home is already built and the homebuyer is able to close on the sale of the home and move-in at a much sooner date than a new construction home.

Pro: A lot of the time, there is no need for landscaping or planting new trees

Part of the charm of a resale home is that it already has an established feel due to its current landscaping or vegetation growth. This can save the homebuyer a large amount of money and time.

Con: There will likely be some renovation or repair costs

Whatever money the homebuyer has saved on landscaping needs, they will likely need to dump back into structural repair costs at some point in the need future. A resale home is much more likely to have leaks, previous damage, or other nondisclosed repairs that will need to be addressed. More than likely, a resale homebuyer will be inheriting old and often outdated appliances that are near the end of their usable lifespan. Items such as air conditioners, furnaces, washing machines, ovens, driers, refrigerators, and carpets or other floorings can be expensive and pricy.

Buying a New Home in Fort Collins: 4 things you need to know heading into spring!

Monday, Apr 01, 2019


Fort Collins, Colorado is a wonderful place to call home, and for the majority of hopeful future homeowners looking into the Northern Colorado region, this can be quite the task. At LC Home, it is our job to help you find the best possible property to call your own in the Fort Collins area. But as the calendar turns over from the Winter of 2018 to the Spring of 2019, the experts at LC Home have come up with a list of 4 things that you need to know about the home real estate market in Fort Collins as it currently stands and as we move into the future.

1. The homes in the Fort Collins area are almost always selling for more than their listing price.

You may have read or heard that due to a downward trend in the stock market that housing prices throughout the Northern Colorado region have stagnated, or temporarily plateaued, creating wonderful real estate opportunities heading in to the Spring of 2019. While this is true, it is because this is true that most Fort Collins homes are selling for much more than their initial listing price. The experts at LC Home have noticed an abundance of investors trying to take advantage of the temporarily stagnated prices of the homes in Fort Collins, and oftentimes, such investors enter into bidding wars with one another over high-end, highly-desired properties. The result, of course, are that some homes in the Fort Collins area are still selling as if there was never a downward spiral in the stock market, lifting their overall price typically beyond what the potential person seeking a permanent residence in Fort Collins is willing to pay. The good news here, however, is that not all homes in Fort Collins are in such affluent areas, making the houses in much more rural and established areas affordable to the potential homebuyer. At LC Home, we can help you find the perfect home in Fort Collins for a price that isn’t much more than the initial listing price.

2. At the onset of Spring 2019, the average Fort Collins home is listed at $388,200.

Of course, this figure doesn’t account for the area of the city the home is in, or the countless variety of floorplans and overall square footage that can be found throughout different homes in the Northern Colorado region. The figure above was generated by averaging the listing cost of all properties throughout Fort Collins, Colorado. Realistically, there are areas of Fort Collins where the initial listing price is in the low 300s, as well as areas of Fort Collins where the initial listing price is over 1 million dollars. At LC Home, we can help you build a reasonable and manageable budget for purchasing a Fort Collins home, but a good starting point or starting floor for purchasing a home in Fort Collins would probably be $300,000.

3. There aren’t a great number of Fort Collins homes for sale in comparison to surrounding Northern Colorado cities.

At LC Home, we’ve noticed that the majority of properties that are being sold in Fort Collins tend to be either brand-new homes that were recently constructed and typically start at a listing floor of $400,000 (and remember, Fort Collins homes sell for more than their listing price) or other recently built high-end, affluent homes. In both cases, it is generally investors purchasing such properties. Very few older, more established rural homes are hitting the market in Fort Collins during the Spring of 2019, and at LC Home, we project this to change as the stock market rebounds from an unfortunate 2018 winter season. The Fort Collins area is continuing to grow and appreciate in value for this momentary hiccup to hold true. Look for more affordable Fort Collins homes to hit the real estate market during the Summer and Fall of 2019.

4. Fort Collins home values will continue to appreciate despite any future “housing crash” you may have heard about.

It held true during the “housing crash” of 2008, and if another “housing crash” occurs, it will hold true again. Northern Colorado exists in one of the nation’s only economically-safe and continuously growing regions across the United States, and Fort Collins is at the heart of it. At LC Home, our advice is to not let any potential “housing crash” scare you away from purchasing a home. No matter what, your Fort Collins home will continue to appreciate and gain value over time.

At LC Home, our experts would like to help you discover your next home in the Fort Collins area. Give us a call today!

New Homes in Loveland at the Ridge in Mariana Butte

Tuesday, Feb 19, 2019


Those of us that live here in Northern Colorado know that the Front Range has a lot to offer. It’s one of the reasons that so many people choose to live here, and why more and more people move to here each and every month.

LC Home is proud to call Northern Colorado our home, and is committed to building and developing communities that encompass everything that we love about this Colorado lifestyle. One of our communities in Loveland, Colorado is the Ridge at Mariana Butte. What we like to refer to as just “The Ridge”, it is the last subdivision to be developed on the original plan around Mariana Butte Golf Course.

The Mariana Butte Golf Course is one of the most unique golf courses in all of Colorado, and the housing communities around it share the character and style of the area. The subdivision consists ranch-style homes that have many different interior options available. You can read more about the details of this community on the official page for the subdivision, and you can contact LC home for more information on options available.

There’s never been a better time to buy in Mariana Butte in Loveland! Call us to learn more about special financing options in 2019.

New Home Building in Fort Collins

Friday, Feb 15, 2019


We all know that buying a home in Northern Colorado can be a tiresome and troubling process right now. The process of finding an agent, scrolling through lists and lists of potential homes, scheduling showings, and securing lending can be overwhelming, to say the least.

Additionally, home prices all across the Front Range are expected to rise between 3 to 5 percent in 2019 in the cities of Fort Collins, Loveland, Windsor, and Timnath. With all of these factors weighing heavily on finding that dream home in Northern Colorado, there’s never been a better time to contact LC Home about our beautiful new home builds in Fort Collins and Loveland.

Spring Creek

In Fort Collins, our Spring Creek Community is located right in the heart of the city. Located nearby to Jessup Farms and Edora Park, the area is one of the best in the city, and is not much further than 10 minutes to Old Town Fort Collins with quick access to I-25 as well. In terms of new home builds in Fort Collins, the Spring Creek community is among the best in the city.

Fox Grove

In addition to the Spring Creek homes, we also have the premier Fox Grove community which is located in North Fort Collins. No two homes in Fox Grove are designed the same, as we offer many different options, styles, and layouts that really turn the house into a home. Fox Grove has nearly instant access to I-25, and is nearby to North Fort Collins. This means quick access to Old Town as well as all of the restaurants, breweries, and events that are a staple of Fort Collins living.

Choosing LC Home

When you build with LC Home, you get to choose from our many different layouts and styles to customize a home however you would like. All of the homes that LC Home builds – in all of our communities – are Energy Star certified. This means that we save money for our home buyers each and every month with lower utility bills while also leaving a minimal footprint.

LC Home is committed to serving the Northern Colorado community. Our motto is “Mindfully Creating Community” because we love Northern Colorado just as much as you do. We focus on strengthening the homes, jobs, and economy of the place that we all live, work, and play!

To get in touch with LC Home about new builds in Spring Creek Fort Collins or Fox Grove Fort Collins, call us at (888) 807-5230. We look forward to helping you find that new dream home!

LC Real Estate Group is using Mindful Based Stress Reduction

Thursday, Jan 10, 2019


We all know what it feels like to be stressed. It can make you anxious, less focused, and unable to sleep. For any business, it’s obvious why it could be bad for productivity to have employees that are stressed because of work or personal issues. To add onto this, there are a number of real physical issues that can result from stress such as high blood pressure or chronic pain.

LC Home and LC Real Estate group are going through the Mindful-Based Stress Reduction (MBSR) program in order to promote happier, healthier living for our employees! At its core, MBSR brings together mindfulness to promote healing or prevention of stress and overall wellbeing. This is done through mindful and intentional yoga, meditation, and greater awareness of one’s unity of mind and body.

More than 50% of adults report having high stress daily, and work-related issues can contribute a large portion of this stress. At LC Home and LC Real Estate Group, our mantra is to strive to make Northern Colorado a better place to work, live, and play – and we choose to invest in our employees as much as we invest back into the community itself. This is why we are going through the MBSR program as a company, in order to promote the wellbeing and mindfulness of our company as a whole!

To learn more about MBSR and the benefits of the program, please visit the website for Mindful Living Programs.

Last Chance at Low Interest Rates in Fox Grove!

Wednesday, Jan 02, 2019


U.S. interest rates have actually been rising for a while, now, but at a glacier-slow pace that many people would have not noticed unless they were in the business of making home loans. In fact, you might be surprised to know that interest rates for a thirty-year home loan are now around 5.25% for a borrower with good credit. According to Forbes Magazine, long term interest rates are at a secular decision point that is likely to result in significant, if not surprisingly higher interest rates over the next several quarters.

If you are in the market to buy a new home, the good news is that LC Home has year-end special on its move-in ready homes. LC Home is providing a large financing incentive to buy down your interest rate to 3.25% year one, and 4.25% year two. As if that weren’t enough, LC Home will provide seller prepaid mortgage insurance, which will save you hundreds of dollars per month on your mortgage payment. On a $400,000 loan, this could save you up to $700 per month in your first year.

New Homes from the $400s

Fox Grove is one of the few places you can find affordable new home construction with the benefits of a Fort Collins address. The neighborhood is a celebration of great architecture with a blend of craftsman, prairie, and modern farmhouse styles. Homes have a modern color pallet, stained trim accents, wood panel style garage doors, generous amounts of stone, and accent can lights that create a beautiful nighttime streetscape. Homes are designed with oversized windows for ample light and to take advantage of the rolling landscape and sweeping views of Horsetooth and Longs Peak.

Know Your Neighbor

Here’s the thing about an LC Home community, its not about new houses, but the people who live in them. With 67 homes, the community is big enough to have a diverse group of people but small enough to know your neighbor.

Features You Won’t Find Anywhere Else

No two homes are the same at Fox Grove with unique finishes selected by interior designers and a variety of fixtures and floor plan options. Homes come with granite/quartz counters, wood and tile flooring, gas range, stainless appliances, full tile backsplashes, and more.

If you love cars or want to have a shop in the garage, all homes have either a 3 car tandem garages, 2 ½ car garage, or a 4 car tandem garage.

EnergySmart Homes

All of the homes in Fox Grove are ENERGY STAR certified and have a five star plus home energy rating (HERS) score. You will never run out of hot water again as all homes come with oversized tankless hot water heaters.

Accessible and Convenient Location

Fox Grove is accessible and convenient to I-25 to make your commute shorter and faster. Take East Mulberry Street for a quick drive into Downtown Fort Collins to enjoy restaurants, breweries, and festivals. From Harmony Road, you can also access the new Banner Medical Center. Visit the ample shopping and dining opportunities along the Harmony Road corridor including Front Range Village, Villagio, Costco, Super Walmart and more.

Get Ready for New Prospect Middle/High School

East Fort Collins is now one of the best places to live if you are starting a family or have young children. New Prospect is a Middle/High School that is expected to be completed in the fall of 2022 and includes a regional athletic field with a 4,500 seat stadium for those aspiring young athletes. This school once complete will be exclusively for students east of I-25. If you have older children, be rest assured there are lots of great public, private, and charter school options nearby and Fort Collins has a school of choice program so they can attend wherever you want.

Sales Information

Want to find out more about homes in Fox Grove? Contact Anita Pool at our sales office at (970) 744-9501 or visit the Fox Grove page on our website.

Loveland Habitat for Humanity Home Dedication

Friday, Dec 07, 2018


Loveland Habitat for Humanity is a non-profit that works with people in need to provide affordable housing and make it a reality for low-income family. Habitat for Humanity has done wonderful work across Northern Colorado for many low-income families by providing homes at no profit and no interest.

On Saturday December 15, Habitat for Humanity is dedicating a Faith Home build in Loveland that LC Real Estate Group had the honor in helping build!

As always, LC Real Estate Group is proud and honored to be a part of projects across Northern Colorado that help make the community a better place to live, work, and play. If you’d like to learn more about LC Home and our community projects, please contact us.

LC Home Recognized by the U.S. Environmental Protection Agency

Thursday, Nov 29, 2018


LC Home is proud to be recognized by the United States Environmental Protection agency for outstanding commitment to building energy-efficient homes accross Northern Colorado!

Every year, home builders are recongized for a commitment to building Energy Star certified homes and contributing to healthier, energy-efficient communities across. In 2017, LC Home constructed 73 Energy Star certified homes in our Northern Colorado housing developments. This is equivalent to reducing CO2 emissions by 108 metric tons, or:

>Growing 2,701 tree seedlings for 10 years

>Avoiding the consumption of 245 barrels of oil

>Removing 23 passenger vehicle from the road

LC Home has always been committed to making Northern Colorado a better place to live, work, and play - and part of this is building energy-efficient homes in Northern Colorado. Our developments include:

The Ridge at Mariana Butte

Fox Grove

Wal Mar

Mountain Gate

LC Home is Nominated for the BBB Torch Award

Monday, Nov 26, 2018


Have you heard about the Torch Awards for Ethics from the Better Business Bureau? If you haven’t it’s a great way to learn about Northern Colorado businesses and what they are doing to contribute to the Northern Colorado community.

Being recognized is truly a great honor for any Northern Colorado business, and LC Home is proud to be nominated for this prestigious recognition in 2019!

The BBB Torch Awards Program spotlights Northern Colorado businesses that exemplify outstanding ethics – and has been awarding and recognizing businesses since 1999. The program recognizes businesses through an awards presentation in front of the Northern Colorado Business community, press releases, social media, and a dedicated profile page on the BBB website. The aim of the program is to recognize businesses that contribute to the overall wellbeing of the Northern Colorado community as a whole.

LC Home and LC Real Estate Group have always been committed to making Northern Colorado a better place to live, learn, work, and play. We have tried to do this through developing housing communities that envelope all of the aspects of Colorado that we all love, as well as community outreach programs and charity (have you read about the Coats and Boots program yet?).

The BBB partners with college students from Northern Colorado Universities including Colorado State, University of Northern Colorado, and Wyoming to research and meet with the leadership teams of businesses to prepare application papers. The programs provides an out-of-the-classroom ethics experience for students to discover ways that local businesses meet the BBB’s requirements.

You can learn more about the Northern Colorado award by visiting the BBB’s website:

Coats and Boots Program a Success in Loveland

Wednesday, Nov 14, 2018


LC Real Estate Group raised money – and continues to raise money – for a program that provides warm winter coats and boots for Loveland elementary school students at multiple schools.

We all know that Colorado can have extremely cold winters, but what we may not know is that many children don’t have the coats and boots that are appropriate for the weather. Recently, LC Real Estate Group was featured in the Loveland Reporter Herald for a community effort that helps raise money to provide these trappings for children at low-income schools that don’t have them. The goal is to provide warmth and happiness to children whose families are in need.

LC Real Estate Group’s own Nathan Klein saw the impact that the program has in Fort Collins, and decided to bring the same program to Loveland schools. In Fort Collins, the program provides for more than 1,000 students across more than 20 schools in Poudre School District. Being such a great success in Fort Collins, Klein expanded the program to the Thompson School District to cover Winona, Truscot, Monroe, and Edmonson schools.

The goal is to expand the program within the next five years to cover all of the elementary schools in the Thompson School District – and help as many children and families as possible.

LC Real Estate Group and Klein expanded the program to Loveland three years ago, contributing $3,000 and buying 50 sets of coats and boats from Jax Mercantile at a large discount. Last year, LC Real Estate Group again contributed $3,000 with a matching contribution from Loveland business partners to add a second school to the program. This year, the program has tripled since its inception to 150 coats and pairs of boots. LC Real Estate again contributed $3,000, with another $3,000 being raised by the STIR Loveland through the Chamber of Commerce, and with the final $3,000 still to be raised.

LC Real Estate Group is proud to be a community partner in Northern Colorado and the Coats and Boots program is only one of the ways in which we try to contribute to the community to make it a better place to work, play and live

How can you help?

 If you would like to help, LC Real Estate group continues to raise money to fund the program within the Thompson School District. Whether you are an individual or a Loveland Business Partner, any amount can help bring us towards the goal of continuing to provide coats and boots for children and families.

You can send donations to Northern Colorado United for Youth C/O LC Real Estate Group, 1712 Topaz Drive, Loveland, CO 80537 or donate online at

New Prospect Schools and Athletic Complex

Thursday, Oct 11, 2018


The Poudre school system is about to get a little bit bigger.

Poudre School District (PSD) has plans to open a new high school, middle school and elementary school east of I-25 on Prospect Road. Currently, the land is owned by the District and PSD is planning to have the schools built and ready by as early as fall of 2021. In addition to the schools, the district is will build a new athletic complex as well, with a multi-purpose field that can seat more than 4,000.

Obviously, this is great news for the real estate picture for the area, as schools and parks are a great way to attract developers to nearby land. When schools get planned, so do nearby housing developments. This paves the way for more growth and opportunity in real estate, and for home-seekers to move from inner city Fort Collins, Wellington, or Windsor to a more convenient location and for commercial investors to take interest in the surrounding real estate.

 The other good news is that by the team these schools go in, the housing market could be lower than what we see today, making the possibility of moving into the nearby area much more realistic for first-time homeowners.

Planned projects include a new elementary school, two new combined middle and high schools, as well as the mentioned athletic complex and other district improvements. The district isn’t sure what the total cost of the project will be, but the timeline of the project has given them time to review and improve upon initial designs. The area will be just south of the Fox Grove development by LC Home.

What's New at TPC Colorado and Mariana Butte

Friday, Jul 06, 2018


     Lots of excitement has been surrounding the development of Northern Colorado’s newest golf course. The new Berthoud TPC course is definitely in a league of it’s own. It would only be fitting that the member price tag matches!

     It’s Summer 2018, and TPC Colorado members will soon have access to a 5,500 square feet clubhouse featuring a golf shop and cafe. In about a year (2019), TPC Colorado members will enjoy a 40,000+ square foot Clubhouse that will serve as a focal point for dining, hospitality and relaxation. Included in the clubhouse will be TPC Colorado’s full-service Golf Shop featuring an assortment of golf apparel and equipment.

     In addition to TPC Network championship golf, the development will include a residential neighborhood with new homes ranging anywhere from custom estates to a mix of townhomes and condos. Serving as an epicenter of the community, the TPC Colorado clubhouse will include a pro shop, grill, bar and dining room, expansive meeting and banquet spaces and a separate pool and exercise facility. The mixed-use master plan is also zoned for a 30-acre commercial component, allowing small businesses to provide products and services in what has been dubbed "Heron Lakes Golf Community."

   Just North of this new development, Northern Colorado is also home of the well-established, scenic, world renowned Mariana Butte Golf Course Community in Loveland, offering the same gorgeous views in a well situated area nestled in the foothills right off the river.  Wildlife galore,  and is also open to the public. The final addition of homes to be added to Mariana Butte, are currently under construction with some lots backing to fairways and open space. You can choose from estate lots, giving the buyer full customization options. The ridge lots will feature several builders and floorplan options as well. Eric Holsapple, Owner/Partner at LC Real Estate Group and LC Home, who is also a TPC member, built his home in Mariana Butte and currently resides there today. "We were the first ones in on the golf course. We built our home in 1995 and still love it here. The neighbors are great! We have Big Thompson River and the new bike trail that the city has tied in here. I can't say enough about it".  

Memberships are going to be a lot different per golf course. The new TPC Course in Berthoud is currently accepting a limited amount of non-resident memberships starting at $25,000 for up-front fees and $400 a month until the club house is built, in which time the monthly dues will increase to $500 a month. Since Mariana Butte is a public course it offers memberships at $800-$900 a year, or a hole pass for $35, it brings a lot of its residents, locals and even international guests to this amazing mountain backed course.  Be sure to stop by both courses to check out the progress of what's to come! LC Home is currently constructing several homes in Mariana Butte that will have options like walk-out basements, granite or quartz countertops, and all Kitchen Aid Brand appliances. Some lot will have views of the foothills, and others a view of the meticulously manicured golf course. The LC Home Model is now open from Friday through Tuesday, from 10:00 AM to 6:00PM. Stop by 4805 Mariana Hills Circle to check it out, and don’t forget to come for the Parade of Homes 2018. For more information or visit our website at

Escalating construction costs hampering new construction

Tuesday, Apr 24, 2018


FORT COLLINS —  Developers are hesitant to take on large residential projects in Northern Colorado despite there being an increasing demand for them, citing deterrents of higher construction costs and water-tap fees, and the lengthening of the entitlement process.

Realtors and developers on Tuesday at BizWest’s CEO Roundtable on Real Estate said that the short supply of homes coupled with the growing population is driving up home costs in Northern Colorado, impacting companies trying to recruit workers and putting a damper on economic development for the area.

“A homeowner is in good shape, because equity is at an all-time high,” said Brandon Wells, president of real estate brokerage The Group Inc. “Current conditions —  being undersupplied with costs that are too high — is driving home value appreciation,” he said. “We are approaching double-digit appreciation.”

Wells and Nathan Klein, a partner with LC Real Estate Group, said homebuyers entering the Northern Colorado market from the Bay Area are bringing “a lot of cash” and the prices here don’t bother them. But people coming from the Midwest are concerned about prices here. In the meantime, the high prices are creating a generation of renters.

“We’ve no product to fill that gap,” Wells said. “The entitlement process is now up to three years before a developer can bring a project to market.”

Kris Pickett, manager of consulting firm Olsson Associates, said it is difficult to find lots on which to build; plus, there isn’t a new wave of developers to take on the challenges.

“There’s no money to be made as a developer,” Klein said. “Every input is costing more — water, asphalt, wood … and water is a significant undertone here … there needs to be more efficient water-distribution systems.”

Kevin Brinkman, chief executive of real estate development firm Brinkman, is concerned over President Trump imposing tariffs on imported steel and aluminum.

“It’s amazing how much steel is used in constructing a building,” Brinkman pointed out.

Stu MacMillan, owner of MacMillan Development, said right now is a difficult time to develop, because of water driving up costs. He also said in Fort Collins, there is an abundance of requests to develop student housing.

Connie Dohn, co-owner of Dohn Construction Inc., said a shortage of skilled construction labor force adds to the length of time it takes to complete a project, increasing costs.

“There aren’t a lot of young people entering the building trades, and we have to pay more than what they (inexperienced) are worth,” she said.

Dohn believes there are opportunities in the condominium market, but because of the state’s construction-defects laws, it is difficult for a developer to get insurance to cover a project.

“There is a greater risk is this lower end of the market,” she said.

The CEOs in the room agreed that a reform of construction-defects laws passed last year to help spur condominium development fell short of its goal.

Wells is fearful that proposed slow-growth initiatives will exacerbate the problems of high housing prices. “We need to solve the condo market problem, he said.

Commercial insights

The hottest sector for commercial construction has been in industrial and warehouse buildings.

Steve Kawulok, managing director of SVN/Denver Commercial LLC, said industrial lots are selling in the region, being termed as “spillover from Denver,” as land costs increase in and around that city.

Kittie Hook, a broker with Newmark Knight Frank in Denver, predicted development sprawl from Denver “has already begun to move north” and will continue.

Kawulok observed that a lot of commercial property is being snapped up more and more by outside capital.

“One out of four buyers are bringing in fresh money, and one-third of the dollars being spent is by outside buyers, adding a new dimension,” Kawulok said.

Klein said larger investment groups, such as real estate investment trusts, are more apt to invest and build here, because they don’t require the same return on investment as a local developer.

Lease rates

Josh Guernsey, a principal at Waypoint Real Estate, said the office market is tight, but lease rates haven’t been going up that much. He also said companies are downsizing space to keep rates lower.

Guernsey believes technology is allowing companies to work with less space.

“Now, a person’s office can be in their  iPad.”

Guernsey said companies in the past may have leased space to provide 225 square feet of space per worker, but when they rework their lease, they drop that to 175 square feet per worker. “It’s a substantial cost-savings,” he said.

Mark Bradley, owner of Realtec Commercial  Real Estate Services in Greeley, said as companies recovered from the recession, “they squeezed space and created open office concepts to save money.”

New construction of office space in Northern Colorado is almost nonexistent, Klein said, because construction costs are up and lease rates are not keeping pace.

“Current lease rates don’t warrant new construction,” he said.

Steve Schroyer, director of real estate for Blue Ocean Enterprises Inc., said buying dilapidated buildings and repurposing them is becoming harder to do.

“It’s a tough environment. With increasing construction costs, it’s hard to complete a project and hold down rents.”

New floor plan by LC Home coming to Fort Collins

Monday, Mar 12, 2018


Coming soon in Fort Collins, LC Home is working on building their never-before-seen floor plan, called the Winter Park

The latest 2-story plan designed by LC Home will be debuted for the first time in the Spring Creek neighborhood in southeast Fort Collins. 
This new layout emphasizes efficient space, while also a contemporary open feeling. Of the 8 homes that will be built, all will have 3 upstairs bedrooms with an open loft area, and 2 of the plans will include a finished basement with a 4th bedroom, bathroom, and open living area.
The large covered front porch is not obstructed or crowded by a large garage door, as it is situated in an alley-style configuration. Each home will back to a private road, which will access the spacious 2-car garage. Apart from the added privacy, this design brings a warm, welcoming feeling to the front of the home. 
The Winter Parks are situated on lots ranging from 4,800 - 5,600 SF and are the closest homes in the neighborhood to the park, the south facing lots will abut the community park, and give owners an open, green view out their front door. The plans will feature some new interior products from LC, such as HanStone Quartz countertops, contemporary designed lighting packages, and Evoke flooring
The first 4 homes have now been started, and are in the framing stages. One of the first homes to be ready, located at 1915 Charles Brockman, has been priced at $440,000. Presales are open for reservation, with the first home scheduled to be completed by April of 2018. Come in and lock in a Winter Park now before they are gone!
For more information on this plan or any of our communities, you can reach out to Alec Martinez via call, email, or text at:

Featured Home of the Month at Storybook - 2232 Chesapeake

Tuesday, Feb 06, 2018

Looking for a gorgeous home, with plenty of space, in an amazing community? We’ve got the perfect solution! This brand new home is available in Storybook at 2232 Chesapeake Dr., Fort Collins, CO 80524.


2232 Chesapeake Dr. showcases our popular Avon floor plan, which features an open concept and with plenty of luxurious details you’re sure to love! The home includes 3 bedrooms, 2.5 bathrooms, 1,980 square feet of living space, full unfinished basement, full yard landscaping and backyard privacy fence.


Storybook lies within a great school district, including Tavelli elementary, which is located down the road from the community. Located just off of Mountain Vista in Fort Collins, Storybook provides a quiet feel without sacrificing convenience. Just minutes from downtown, where you’ll find historic Old Town with charming local restaurants, coffee shops & unique gift shops! Bike to nearby breweries, play golf at the Fort Collins Country Club, or go shopping at the new King Soopers Marketplace. You’ll love the community!


Ready to learn more and take a look inside of 2232 Chesapeake Dr.? Let’s start with the open living area. This space is full of natural light, a gas fireplace & perfect for entertaining! Whether it’s family game night, the holidays, or just preparing dinner, your family will love spending time together here.



The kitchen features an island, stunning Nutmeg Shaker cabinets, granite countertops & backsplash. Loads of storage space, paired with stainless steel gas appliances combine form & function to provide a gorgeous kitchen. You’ll love preparing dinner in this beautiful space!



The home features a 2 car garage, with an entrance leading into the mudroom, with a built-in design for catching your purse, bags and other belongings.


This beautiful home is move-in ready and available now. Don’t forget to ask about the $2,500 lender incentive! Ready to see 2232 Chesapeake Dr. in person? Call Alec today at 303-548-6059 to schedule a showing, or email With only a few opportunities remaining to live in Storybook, this home won’t last long! Checkout the community page to find out more about other available homes.

LC Home
1712 Topaz Drive,
Loveland, CO 80537

Phone (303) 588-8808

Monday-Friday: 8am-5pm
Call or Text Wayne at (303) 588-8808