pikes peak playbook

PIKES PEAK

Playbook

Should I keep renting or buy?

Compare the wealth you’d build owning a home with renting and investing the difference. See the year buying pulls ahead in your area.

Area & time
Renting
Buying

Selling costs include agent compensation (negotiable), title and closing costs. Rent starts at the area’s Census median for 3-bedroom rentals (county figure where an area has too few to measure); price starts at the median home value. Use real numbers if you have them.

Simplified comparison for planning. It assumes the money not spent on the more expensive option is invested at the return you enter, and ignores income taxes, the mortgage interest deduction and capital-gains rules. Appreciation and investment returns are assumptions, not predictions. Census defaults: ACS 2020–2024 median 3-bedroom gross rent and median home value. Clay Caldwell is a real estate broker with Better Homes and Gardens® Real Estate Kenney & Company. Each franchise is independently owned and operated. Equal Housing Opportunity.

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If you’re considering buying or selling or just want a clear understanding of your options, Clay is always available for a straightforward conversation.
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