Boulder, Colorado is known for being very restrictive on housing in an effort to control growth and while it can be frustrating during the home buying process, it’s one of the things that makes Boulder such a great place to live. For anyone who has purchased a home in Boulder (or is starting the process), you know how difficult it can be to find what you’re looking for. So what do you do when you’ve seen all the houses in your budget or in the area you’d like and haven’t found “the one”? Simply put, you remodel.
We discussed remodeling to sell your home last week, but it’s not generally thought of to remodel to buy. Most people have their ideal home in mind and search that out, but in a place like Boulder, that’s not always possible. Finding a home that is in the area you want, but might be a lot less than your budget (and a lot less than ideal) is something to consider. This gives you the ability to get your location, but also the ability to really make your new purchase your own.
If your budget is $800,000-$1,000,000, think about dropping it down to half of that on the purchase then spending the remainder of your budget to upgrade or expand the home. This will open up a new world of options in your search. Just remember that Boulder has a lot of restrictions with zoning and what you can and cannot do with your home. Boulder County has a great site that answers a lot of common planning and zoning questions: http://www.bouldercounty.org/property/build/pages/planningfaq.aspx.
As always, we’re here to help as well. Starting with a realtor is always your best bet when considering a new purchase, but consulting with an architect to see if your home remodel is achievable should be your next move. Working together, a realtor and an architect can help you to find that home in Boulder that might not necessarily be perfect right now, but it can be with a few adjustments. Fänas Architecture can be reached by calling 303.444.5380 or emailing us at firstname.lastname@example.org.
Image courtesy of: http://www.bouldercounty.org