Homes & Real Estate - Poet Lofts, Colorado Springs, CO

Poet lofts for sale in Colorado Springs: the numbers this week

6 lofts are for sale in Poet this week, $550K to $795K; the median Poet loft is listed at $595K for 2,450 square feet, $286 a foot. 100 percent carry an HOA at a median $545 a month. The charts below are drawn from those Poet listings, not from a report about them.

What the median Poet loft costs per month

Questions people ask about Poet lofts for sale

How many lofts are for sale in Poet right now?

6 this week, $550K to $795K, median $595K. The grid at the top of this page is the live MLS list for Poet and refreshes daily. More: Denver lofts for sale, building by building.

What is the median price in Poet?

$595K at list this week, for a median 2,450 square feet, $286 a square foot. Compare two Poet lofts on the per-foot number and the condition before the list price. More: Can I afford a home now?.

Does Poet have an HOA?

Yes on most listings: 6 of 6 carry a monthly fee, median $545. Ask for the budget, the reserves and the covenants before the inspection. More: HOA fees in Colorado, explained.

How big are the lofts in Poet?

2,083 to 2,785 square feet across this week's listings, 3 beds most common. Price per square foot runs $286 at the median. More: Denver lofts for sale, building by building.

Can I buy in Poet with a low down payment?

Yes. Colorado down-payment assistance works at a 620 credit score, FHA takes 3.5 percent down, VA zero, and a seller credit covers closing costs. On the median Poet loft that is $20,825 down at 3.5 percent. Can I afford a home now?

What does a Poet loft cost per month?

About $4,990 a month on the median $595K loft with 5 percent down at a 7 percent note rate: $3,761 principal and interest, $273 property tax, $174 insurance, $236 mortgage insurance, $545 HOA. A seller-paid 2-1 buydown cuts year one by $727. More: Can I afford a home now?.