Selling Crested Butte Home You Built
It can be hard selling Crested Butte home you built or had a hand in building. You invested years of your life into the vision, lot selection, design, construction, finish-out and decoration, and you probably collected unique pieces just for your mountain dream home. Maybe you still remember the first time you stood on the lot, the first renderings of the home, standing in the half built home looking out the master bedroom at the awesome views.
You are not just selling Crested Butte home you built; you are selling all the emotions and memories about how special this home has been. Some say when you spent years building a dream home, it is like selling your baby. If you built your Crested Butte home, you may have a hard time parting with it and coming to terms with the market value of your home. It is not uncommon to have a higher impression of the value of the home because you remember every detail, every dollar, and all the materials you selected to put into your home.
Example of Homebuilder and Seller
The seller of my current mountain home was the guy who built the home. He was a self made man and owned a custom home construction company and an excavation company. He moved snow in the winter and dirt and rocks in the summer, and he has built and sold about a dozen homes in Crested Butte. We have become friends and he has also become a client. I represented him on another home he built before he left for a couple of years to sail in the Sea of Cortez.
He returned to Crested Butte recently and called me about various lots for sale and said he was going to build another home. When I asked him about it he said, “This is what I know, and what I do.” Typically he builds a home, lives in it for two years, then sells it. He said, “I have a winning strategy. I like building for others, but I get to make all the decisions, and I don’t have to wait to get approvals for any change orders; I just make the change.”
Building With Others in Mind
My friend picks out quality materials but also said he is very attentive to costs. Most people that build a home are faced with hundreds of decisions. As an example, they can get tile for a bathroom that costs $400 or a nicer tile for $800. If they chose the more expensive option every time, then the cost to build the house can be double. My friend said, “I am building the house to sell, so I know where I need to buy the more expensive items, and where I need to save money.”
When an individual is building a custom home for themselves, they don’t usually consider the back-end. Selling Crested Butte home you built is not what you’re thinking of when you first start building. Many couples who have built a custom home select the more expensive items because that is what they want for themselves in their home. They are not considering the fact that they are also building for others.
It may be years down the road, but ultimately they will sell the home to someone else.
Years later, the buyers looking at a custom home may or may not appreciate these upgrades, and the market may not place the same value on the custom home as the homeowner thought. The home is no longer brand new, and the market may have changed. The market does not care what a seller has in his home. It only measures what other options those same dollars will buy.
Selling Crested Butte Home You Built Final Thoughts
I hope you see the level of detail and time and effort I put into this candid article Selling Crested Butte Home You Built. I have become a Top Real Estate Agent in Crested Butte by providing my clients with information and insight. This helps my clients to make informed decisions. Some decisions are not always easy.
This article is an example of what you can expect from me as your agent.
Thanks,
Chris.
How can I help you?
I have over 30 years of sales and marketing experience and am a top real estate agent in the mountain town of Crested Butte, Colorado representing affluent clients who are buying and selling their homes and properties. To see featured properties or search the MLS – visit chriskopf.com.
If you are Considering Selling Your Home in Crested Butte
Click HERE to get FREE Real Estate book by Chris Kopf, “The Complete Guide to SELLING Your Mountain Dream Home”
If you considering Selling your Crested Butte home and are interested in finding out what your existing property is worth – call me.
Chris Kopf
Global Luxury Property Specialist
Coldwell Banker Bighorn Realty
(970) 209-5405, or chriskopf@bighornrealty.com