What to Do With an Inherited House in Centennial
Keep it, rent it, or sell it. Understanding your options helps you decide.
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Your Options
Option 1: Keep
Consider ongoing costs, property taxes, insurance, and maintenance. Good if you plan to live there or have family nearby to manage it.
Option 2: Rent
Generates income but requires landlord responsibilities. Property management adds costs for out-of-state owners.
Option 3: Sell
Selling provides immediate cash and eliminates ongoing costs. This is often the best choice for out-of-state heirs or multiple family members inheriting together. We buy as-is for cash.
Centennial Inherited Property Options FAQs
Centennial has strong rental demand due to excellent schools and location. However, consider whether you want landlord responsibilities, especially if you live out of state.
Monthly costs include property taxes, insurance, utilities, HOA fees (many Centennial communities have HOAs), and maintenance. Budget $600-$1,000+ depending on the property.
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Centennial-Specific Considerations
Centennial offers excellent schools and is a desirable suburban location. If the property works for your situation, keeping it might make sense. Consider ongoing costs and your proximity to manage the property.
Strong rental demand exists in Centennial due to schools and Denver access. However, many communities have HOAs that may restrict rentals. Property management adds costs for out-of-state owners.
Related: Sell Inherited House | Probate House Sale