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526 S Hancock Ave, Colorado Springs, CO, 80903

3beds
2baths
973sqft
$290,000
$298price/sqft
$2,026/moest. monthly cost
$81,040/yrincome needed

About This Home

Character. Convenience. Room to make it your own. Built in 1925, this 3-bedroom, 2-bath bungalow sits in the established Lake Park neighborhood. Just minutes from downtown and a short walk to Memorial Park and Prospect Lake, you'll have easy access to trails, paddleboarding, community events, and everything that makes this part of the city so popular. Inside, the kitchen has been refreshed with butcher block countertops, while the gas cooktop and double ovens are ready for everything from weeknight dinners to holiday meals. The rest of the home offers a comfortable blend of original character and opportunity, leaving plenty of room to put your own stamp on the space. Out back, the fenced yard offers a deck made for slow evenings, plus a detached one-car garage with convenient alley access for parking and storage. It's an outdoor space that's easy to enjoy without demanding every weekend of your time. Whether you're looking for your next address or your next investment, this property is ready for someone to make the most of everything it has to offer.

Getting Around

57
WalkingSomewhat Walkable
37
TransitSome Transit
63
BikeBikeable

Schools

1/10
Hunt Elementary SchoolGrades PK-50.9 mi
6/10
North Middle SchoolGrades 6-81.7 mi
3/10
Palmer High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1925

Materials

  • Roof: Composite Shingle
  • Construction materials: Wood Siding,Framed on Lot

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Double Oven,Range,Refrigerator
  • Laundry features: Gas Hook-up

Basement

  • Area: 285

Basement

  • Has basement: Yes
  • Basement: Partial,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Flooring: Tile,Vinyl/Linoleum,Wood
  • Finished area below ground: 285
  • Finished area above ground: 688

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 973
  • Total interior livable area: 973 sqft

Property

Details

  • Parcel number: 6417316024

Lot

  • Lot size: 4,477 sqft
  • Features: Level

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Winter Weather
Hail
Lightning
Tornado

FEMA Declared Disasters Across Colorado Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,466$17,592
Home Insurance *$266$3,192
Property Taxes $108$1,296
Electricity $186$2,232
Total$2,026$24,312
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,462/yr
40% on housing$60,780/yr
45% on housing$54,026/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$298This listing

vs Other Active Listings

Avg $/sqft

ZIP 80903$192
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80903
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-27Price change$290,000
2026-06-24Listed for sale$300,000
2017-07-19Sold$195,000
2008-06-24Sold$87,000

For Sale by Agent

AgentCrysta Kehren MRP
BrokerageSailing Stone Real Estate LLC

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