You're house hunting and you come upon a home with a price that's too good to be true. It's priced way below market value for its neighborhood. After your initial excitement, you then start to question how it's possible this amazing home in a hot neighborhood is so inexpensive?
It's very possible, you may have stumbled upon a home that may have been a former meth laboratory. Here in the amazing state of Colorado there is a bit of a dark side. That dark side is methamphetamine usage.
In 2018, according to the Colorado Department of Public Health & Environment, deaths related to meth use rose 1,450% in Denver between 1999 and 2018!
What are the implications of this in terms of real estate? With the above-mentioned statistics, a fair share of former meth homes will appear in the housing market.
In the linked podcast, our team will discuss whether former meth houses are a wise investment, and if the costs of remediation will offset any return.
And...stay tuned for the second installment of this podcast topic where we talk with a home inspector on how he can tell whether a home was a former meth lab.
Hope you enjoy the episode!
Author:Estefania (Stephanie) Flynn Phone: 720-218-0566 Dated: September 15th 2019 Views: 103 About Estefania (Stephanie): With a background in marketing, Stephanie effectively leverages her real-world skills to bring her c...
View our latest blog posts in your RSS reader. Click here to access.
Engel & Völkers is one of the world’s leading service companies specialized in the brokerage of premium residential property, commercial real estate, yachts, and aircraft. Based in over 800 locations in total, Engel & Völkers offers both private and institutional clients a professionally tailored range of services. Consultancy, sales, and leasing form the core competencies of the staff of more than 11,000 people. The Company is currently operating in over 30 countries on five continents.
Since 1977, we have been the select provider of high-end premium real estate services throughout Europe, Asia, and North America. We use the latest technologies, manage an extensive network of exclusive listings and potential buyers, partner with influential media outlets, and employ the highest-caliber agents who strive to represent our distinguished brand.
Our style o f doing business originates from our early success as a luxury property agency. We maintain the same standards of quality and service in everything we do.
Engel & Völkers, Real Estate Advisors Representing And Promoting The World’s Finest Properties Since 1977
33 Countries | 11,000+ Real Estate Advisors | 800+ Shops | 5 Continents
If you're a homeowner, the internet can be a great source of comfort w
"If you are buying a house, I strongly urge you to contact Ion Real Estate , They took my impossible situation, and got me into a house. It was a lot of work, but they made the process as easy as possible. Contact David Hansen, and Jim Cavoto today and stop renting! "