If you are looking for long-term property value growth, keep an eye out for the "90s Subdivisions."
In Glenwood Springs, many of our well-kept, covenanted subdivisions were built in the 1990s. Today, many of these homes still have their original 30-year-old finishes. This is where the "forced appreciation" lives.
Buying a home with great "bones" in a solid subdivision and updating the kitchen, floors, and baths is the most reliable way to see a jump in value. While the rest of the market sees a steady 2–3% appreciation, a smart remodel in a 90s-era home can put you well ahead of the curve.
