Denver-based, flat-free brokerage Trelora is conducting a small-scale study right now to find out.

Dumpsters are often a neighborhood eyesore, but can they can actually be a useful predictive tool for real estate professionals? Flat-free brokerage Trelora is running a small-scale small study right now to test the idea.

The study cataloged roll-out dumpsters in Denver’s Highlands neighborhood in early to mid-June by driving electric cars around the neighborhood.

“One of our assumptions is that most people, if not all, are looking to maximize their home’s market value at sale, and as a result, they will do some improvements to the home ahead of putting it on the market, whether light or heavy improvements,” the study says.

A map of the dumpster breakdown within sub-neighborhoods of The Highlands | Photo credit: Trelora

Members of Trelora’s data team found that there were 108 dumpsters in the selected area, 60 of which were coming from a remodel versus new construction. Homes that had not been sold in seven years were labeled “red hot,” as the study says the average person switches homes every seven years.

“Of the 60 homes that have a dumpster and are ostensibly being remodeled and not just throwing out CD collections, 41 of these homes had their last sale more than two years ago,” the study says. “And of those 41 homes, we have labeled 31 of them as being red hot and likely, if our predictions are correct, destined for the market after these renovations are complete.”

The sample size here is small and speculative right now — the study admits the data needs time to “bake” and see if some of these homes with dumpsters do actually come to market — but the team behind the study believes it could represent greater dynamics at play in the market.

“If our predictions are accurate (or close), this cluster of homes is about to come online at a much-needed time for desperate buyers,” the report says.

Email Patrick Kearns

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription