More Homes Planned For Monument, Colorado

Monument has been booming lately. Homes have been going up like mad east of I-25 while Historic Monument west of I-25 has stayed, well, historic. According to an article in The Gazette, recent numbers show Monument has more than doubled in population within the last 6 years with plenty of new shopping centers going up including, yes a Wal-Mart.

Historic Monument remains much the same, but not for long. The development and construction of homes in and around Historic Monument is set to begin in late 2007 to 2008 according to an article written by The Gazette.

Over 150 homes will be built around Monument Lake which in my mind will provide some much needed “water view properties.” This development, dubbed Lake of The Rockies in Monument, will provide a nice niche market in the area.

Other proposed developments in the area include Home Place Ranch, Promontory Pointe, Sanctuary Pointe, and Wakonda Meadows. It will be interesting to see how Monument’s growth continues.

New Home Building in Colorado Springs

New construction has many benefits. Building new gives you the opportunity to customize your home by adding special features to the basic home. Lower maintenance costs and lower operating costs also add to the advantages of new construction. Is building a new home in Colorado Springs, Monument and surrounding areas for you?


When deciding on additional features, consider how they will affect the re-sale value of the home and whether these additions will over-improve your home. Money spent to improve and modernize kitchens and bathrooms is almost always a good investment. Granite and corian counter tops, side-by-side refrigerators, tile flooring and whirlpool tubs are popular upgrades. If the builder's standard flooring for the living room, dining room or foyer is linoleum, changing to hardwood or tile will increase the resale value of the home. And even if you don't enjoy sitting around a roaring fireplace, the next owner may want one. If you plan to finish the basement later, you may want to "rough-in" the plumbing for a bath or wet bar during the original construction. You should consider your own enjoyment--and what will increase the value of your home when you sell.


Lower maintenance costs are another benefit of building a new home. Builders' warranties on new homes, when combined with a new roof, appliances, and major systems, usually make major repairs unnecessary and help to counter a slower initial rate of appreciation found in new homes.


Operating costs are yet another benefit of building a new home. Building materials used now days provide better efficiency, which will save money on utilities. This is more of a long term savings that will add up over time.


Most new home builders in Colorado Springs, Monument and surrounding areas work with real estate agents for the purchase of a new home. It is imperative to have a real estate agent representing you through the whole building process. Remember that most real estate agents provide buyer representation for free. The builder representative may act on your behalf in a transaction, but remember that they are employed and paid by the builder. With this it is a no brainer to employ a real estate agent to represent you. Get a jump on Colorado Springs New Home Builder Incentives with The Daniels Team!