Monument

Think small-town foothills living, history, and modern convenience—all wrapped in mountain views and privacy.

Location & Character

Monument sits at the base of the Rampart Range, north of Colorado Springs, buffered by Pike National Forest to the west and rolling plains to the east. It’s part of the “Tri-Lakes” communities (with Palmer Lake and Woodmoor), making it ideal for buyers who want small-town charm, quick mountain access, and convenient connections to both Denver and Colorado Springs.

Market Snapshot (Mid-2025)

• Median sale price: Around $700K–$770K.

• Typical range: $500K entry-level townhomes/duplexes up to $1.5M+ for custom acreage estates.

• Median Days on Market (DOM): Roughly 50–70 days, showing a balanced market.

• Sale-to-List Ratio: Close to 99%, with room for strategic negotiation.

Talk to your Fisk Team Realtor about the most recent comps and absorption rates—Monument inventory can shift quickly depending on season and new construction pipeline.

Taxes & Fees

• Property Taxes: El Paso County’s effective property tax rate averages around 0.45%–0.50% of assessed home value. On a $700K home, expect roughly $3,300/year, though mill levies vary by subdivision.

• Sales Tax: Monument collects an additional town sales tax, bringing the total retail rate to roughly 7.6%–8.6%, depending on district boundaries.

• HOAs: Many subdivisions do not carry HOAs; where they do (e.g., Woodmoor, Jackson Creek), fees support covenant enforcement, parks, and amenities.

Your Fisk Team Realtor will model the full tax and HOA impact for each property you tour so there are no surprises at closing.

Housing Stock & Lot Size

• Home Types: A mix of historic cottages, mid-century ranch homes, 1990s-2000s planned neighborhoods, and custom modern estates.

• Lot Sizes: Subdivisions typically offer 0.25–0.5 acre lots; custom and historic properties often come with 1–5 acres.

• Architecture: Ranges from mountain-rustic to traditional craftsman to clean-lined contemporary.

Community & Lifestyle

• Outdoor Access: Monument Lake, the Santa Fe Trail, and direct access to Pike National Forest make hiking, biking, and fishing everyday lifestyle perks.

• Downtown Vibe: Historic Main Street features boutiques, coffee shops, art galleries, and local dining, preserving small-town character with modern amenities.

• Population & Economics: With a population around 12,000 and a median household income north of $120K, Monument attracts professionals, military families, and Denver-to-Springs commuters seeking more breathing room.

Schools

• District 38 (Lewis-Palmer): Highly regarded for academics, extracurriculars, and community support.

• Options: District includes traditional schools, charters, and access to private academies in Colorado Springs.

Talk to your Fisk Team Realtor about which neighborhoods feed into which campuses—boundaries can impact resale value as much as lifestyle fit.

Buyer’s Due-Diligence Guide

1. Utilities: Verify if homes use municipal water/sewer (newer builds) or private wells/septic (acreage).

2. HOA Rules: Understand restrictions for fencing, RV parking, and exterior modifications in covenant-controlled communities.

3. Tax Planning: Run the full mill levy breakdown on your chosen property.

4. Wildfire Mitigation: Monument borders forested areas—insurance requirements and defensible space rules may apply.

5. Commuting Needs: Confirm your daily drive time to Denver Tech Center or downtown Colorado Springs before committing.

Your Fisk Team Realtor will walk you through each of these items step-by-step to protect your investment.

Seller’s Strategy Playbook

• Pricing: Precision matters—buyers are data-savvy. Your Fisk Team Realtor will provide a comp set with DOM benchmarks and seasonal timing insights.

• Presentation: Monument buyers love views, decks, and outdoor living—stage patios, highlight landscaping, and use drone footage.

• Pre-List Prep: Service wells/septic, prep tax records, and document wildfire mitigation efforts.

• Marketing: Lifestyle sells—our team emphasizes not just the home but the Monument experience: lake views, trails, and a walkable downtown.

Why Monument? The Value Proposition

• Location: Small-town feel, 20 minutes to Colorado Springs, 45 minutes to Denver.

• Lifestyle: A rare blend of mountain access, charming downtown, and big-city proximity.

• Value: More affordable than Broadmoor or Denver suburbs, yet with character missing from newer sprawl.