Many sellers in Castle Rock say, "I'll just wait a year." But holding a property isn't free. Here is the math of waiting:
- Maintenance Inflation: The cost of a new roof or water heater is rising 5-10% a year.
- Tax Increases: Castle Rock property tax assessments just went up again.
- Equity Stagnation: If prices are flat but your expenses rise, your net wealth is shrinking.
Sometimes the most profitable move is to sell now and redeploy the capital. See the full financial breakdown here.