HomeBlog Home
Recommended Reads

Ten Ways to Get the Best Deal Selling a Denver Home

Brian Lee BurkeBrian Lee Burke
Jun 4, 2024 • 7 min read
Share to X
Share to Facebook
Share to Linkedin
Copy Link
Ten Ways to Get the Best Deal Selling a Denver Home

The best deal on a Denver metro home is the highest net number at closing, not the highest offer on paper. Ten decisions produce it: the list price from closed comps, the roof and inspection work done before the sign goes up, the photos and timing that pull the most buyers in the first 14 days, and the offer terms and Colorado contract deadlines that keep the money in the deal. Here are the ten, with Front Range costs and numbers.

1. Price on closed comps, not on what you need

Value comes from the last 90 days of closed sales within a mile in your city: same square footage within 15%, same bed and bath count, same basement finish. Your payoff, your next down payment and your neighbor's 2022 sale do not count. The Kenna Real Estate Group delivers this as a free Smart Pricing Report with a low, a high and a recommended list price. Denver metro homes closed at 98% to 99% of the final list price through 2025; the sellers who lost money were the ones whose final list price came after two cuts.

2. Price on the search band line

Buyers on REcolorado, Zillow and Redfin search in $50,000 bands. A $605,000 listing is invisible to every buyer who caps a search at $600,000. Price at $600,000 and both the band below and the band above see the home. When the comps land within 1% of a round number, price on the number. When two buyers see the home in week one, the offers set the price, not the list.

3. Get the roof inspected before the buyer does

Every Front Range buyer's inspector walks the roof, and every buyer's insurance agent asks its age. Colorado carriers now decline or write actual-cash-value coverage on asphalt roofs past 15 to 20 years, and the buyer can terminate at the Property Insurance Termination Deadline when the quote fails. Have a roofer inspect for hail damage from the last two seasons (hail season runs May through September). A claim filed before listing replaces the roof for the deductible; a Class 4 impact-resistant roof under 5 years old adds $10,000 to $20,000 against a comp with a 20-year roof and earns the buyer an insurance discount you put in the listing remarks.

4. Run a pre-listing inspection and fix the deal killers

A pre-listing inspection costs $400 to $700 in the Denver metro. It finds what the buyer's inspector finds, three weeks earlier, while you control who fixes it and at what price. Colorado items that end deals at the Inspection Objection Deadline:

  • Radon above 4 pCi/L. Colorado sits in the EPA's highest radon zone. A mitigation system costs $1,200 to $2,500; a buyer asks for $3,000 to $5,000.
  • Sewer line. Homes built before 1980 in Denver, Arvada, Lakewood and Englewood carry clay lines. A $150 to $300 scope now beats a $6,000 to $15,000 credit request later.
  • Furnace and water heater. A 25-year-old furnace gets a $6,000 to $10,000 credit demand. A $150 service and a clean combustion test keeps it a note instead of a demand.
  • Foundation cracks. Expansive bentonite clay cracks Front Range foundations. A structural engineer's letter costs $400 to $700 and ends the argument.
  • Electrical. Federal Pacific or Zinsco panels in 1960s and 1970s homes get flagged every time; replacement costs $2,000 to $4,000.

The inspection red flags that kill Denver home sales post lists the full ten.

5. Spend on the repairs that return their cost

Not every dollar comes back. Here is what returns on a Front Range home sold within 6 months of the work.

Pre-listing workDenver metro costReturn at sale
Interior paint, one warm white, 2,000 sq ft$4,000 to $8,000Cost plus 10% to 30%
Deep clean and declutter$300 to $800Five to ten times cost
Hail roof through insuranceDeductible $1,500 to $5,000$10,000 to $20,000
Radon mitigation$1,200 to $2,500Keeps the deal; no credit
Sewer line replacement$6,000 to $15,000Cost, no more
Full kitchen remodel$40,000 to $80,00050% to 70% of cost
Full bathroom remodel$15,000 to $35,00050% to 70% of cost

Skip the kitchen and bathroom remodels before selling. Update fixtures, hardware and lighting for $500 to $1,500 per room instead. The preparing and adding value guide ranks every project.

6. Stage for the photos, not for the neighbors

Buyers in the Denver metro see 20 to 40 listings online for every one they tour. Staging exists to win the click. Empty rooms photograph small; a staged living room, dining room and primary bedroom photograph the way buyers picture living there. Professional staging on an occupied home costs $500 to $1,500 for a consultation and rented pieces; a vacant home costs $2,000 to $4,000 for the first month. Remove half the furniture, every personal photo, and everything on the kitchen counters. Read how Denver sellers decide what to stage for a room-by-room list.

7. Photograph the Colorado in the home

Front Range buyers pay for light, views and outdoor space. Shoot on a sunny day (there are 300 of them), with every blind open, at the hour the mountain view or the backyard faces the sun. Order twilight exterior photos for a home with a west-facing deck, a drone shot for a lot backing to open space or a golf course, and a floor plan for every listing above $500,000. A professional shoot with 30 photos, drone and floor plan costs $300 to $600 in the Denver metro and pays for itself on the first showing. Video walk-throughs bring the out-of-state buyers who relocate to Colorado without seeing the home in person. See marketing your Colorado home to sell.

8. List in the window when the most buyers are looking

Showings on the Front Range peak from March through June, and listings peak April through June. A home live on REcolorado in the second week of March meets the most buyers with the least competition and goes under contract before the late-spring inventory arrives. September through mid-October is the second window. Skip Thanksgiving through mid-January unless the sale is forced; showings drop by half and the home enters spring with 60 days on market. The best times to buy or sell a house in Colorado covers each month.

9. Compare offers by net and by risk, not by price

Two offers on a $600,000 Highlands Ranch home: $610,000 with a 5% down conventional loan, an appraisal contingency and a $10,000 concession request, or $595,000 cash with no appraisal, no loan, and a 14-day close. The cash offer nets more when the financed offer appraises at $598,000, and it removes three deadlines where the deal dies. Score every offer on:

  • Net to seller after concessions and the commission the buyer's agent requests.
  • Appraisal gap language. A buyer who agrees to pay up to $15,000 over the appraised value removes the price risk at the Appraisal Objection Deadline.
  • Loan type and down payment. 20% down conventional carries less appraisal risk than 3% down; FHA and VA appraisals add condition requirements on the roof, peeling paint and railings.
  • Earnest money. 1% to 2% of the price on the Front Range; the higher number tells you the buyer is not shopping.
  • Closing and possession dates that match the home you are buying.

For the cash side, read when a cash offer makes sense in Denver.

10. Negotiate the inspection objection with a number, not a repair

The Colorado contract gives the buyer an Inspection Objection Deadline, then an Inspection Resolution Deadline. The buyer sends a list; you answer with credits, repairs, or no. Give a credit at closing instead of a repair whenever the item is under $3,000; the buyer's lender allows credits toward closing costs, the repair happens on the buyer's schedule, and you avoid a re-inspection. Answer every request inside 48 hours. A seller who lets the Inspection Resolution Deadline pass without a signed agreement hands the buyer the right to terminate with earnest money returned.

After inspection, two deadlines remain: the Appraisal Objection Deadline at 20 to 25 days and the Loan Termination Deadline at 25 to 30 days. Keep the home insured, the utilities on, and the yard maintained through the closing date; the buyer walks the home 24 hours before closing and the Colorado contract requires it in the same condition as the day of the offer. The full timeline is in the how to sell a house in Colorado guide.

Where to go next

Talk to the Kenna Real Estate Group

The Kenna Real Estate Group at Keller Williams DTC prices, prepares, markets and negotiates Denver metro and Front Range home sales from the Smart Pricing Report through the last Colorado contract deadline, and reports the net number on every offer before you sign. Call or text 303-955-4220. A live person answers. Not a robot, not a phone tree. You can also search every home for sale in Colorado to see what your home competes with this week.

Homes for sale that match this post

Guides

Questions about any home in Colorado? Call or text 303-955-4220. A live person answers.

Quick answers

What seller concessions are normal in the Denver metro?

In a balanced market, 1% to 3% of the price toward the buyer's closing costs or a rate buydown, plus inspection credits under $5,000. In a seller's market with multiple offers, none.

How much earnest money should a Colorado buyer put down?

One to two percent of the price, held by the title company. On a $600,000 home that is $6,000 to $12,000, and the Colorado contract returns it to the buyer at any deadline they exercise on time.

Does a pre-listing inspection have to be disclosed in Colorado?

Yes. Colorado requires sellers to disclose every known adverse material fact, so anything the inspection finds goes on the Seller's Property Disclosure or gets repaired with a receipt. That is the point: you fix it on your terms instead of crediting it on the buyer's.

Should I accept an FHA or VA offer on my Colorado home?

Yes when the home has a sound roof, no peeling paint, working railings and a permitted water heater; the appraiser checks those items. Ask for the same appraisal gap language you would ask of a conventional buyer.

What is an appraisal gap clause?

A sentence in the offer where the buyer agrees to pay a set amount, say $15,000, above the appraised value if the appraisal comes in low. It removes the seller's price risk at the Colorado Appraisal Objection Deadline.

Should I give an inspection credit or make the repair?

Give a credit when the item is under $3,000 or when the buyer wants to choose the contractor. Make the repair when a lender requires it, such as an FHA or VA condition on the roof or paint.

How long does a Denver metro sale take from contract to closing?

Thirty to forty-five days on a financed offer, with inspection at day 7 to 10 and appraisal at day 20 to 25. A cash offer closes in 10 to 14 days once title clears.

Denver Homes for Sale Right Now

View More Homes
4385 Properties Found
Sort By:

Ask us how to get the best deal on your Denver metro home

I agree to be contacted by Kenna Real Estate Group at Keller Williams DTC via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. For more information, please review our Privacy Policy.
WRITTEN BY
Brian Lee Burke
Brian Lee Burke
Team Leader and Licensed Broker, REALTOR® since 2002, Author

Brian Lee Burke is the founder and team leader of Kenna Real Estate Group, a real estate team at Keller Williams DTC. A licensed REALTOR® since 2002, Brian helps Colorado buyers and sellers navigate residential real estate, new construction, pricing, and negotiation. He is also the author of The Real Estate Playbook and Mastering Real Estate: Your Guide to Becoming a Top Agent.

View Brian Lee Burke’s full profile.

WRITTEN BY
Brian Lee Burke
Brian Lee Burke
Team Leader and Licensed Broker, REALTOR® since 2002, Author

Brian Lee Burke is the founder and team leader of Kenna Real Estate Group, a real estate team at Keller Williams DTC. A licensed REALTOR® since 2002, Brian helps Colorado buyers and sellers navigate residential real estate, new construction, pricing, and negotiation. He is also the author of The Real Estate Playbook and Mastering Real Estate: Your Guide to Becoming a Top Agent.

View Brian Lee Burke’s full profile.

Related Properties