To start the year, inventory in the northern half of Platt Park was as tight as just about anywhere in the city, which should’ve widened the eyes of any on-the-fence sellers in this laid-back but attractive neighborhood. What’s more, the shops and restaurants along the charming retail strip of Old South Pearl Street between East Louisiana and East Iowa avenues have finally—finally!—finished something of a game of musical chairs. Izakaya Den is situated in a new, stunning location (check out the rooftop patio) adjacent to Sushi Den; and Session Kitchen, a gastropub with a killer tap and cocktail list, landed in the former Izakaya Den space. Also: Construction of the aptly named Tavern Platt Park began at the beginning of the year. All of this comes with comparatively lower average sale prices than the west side of Washington Park, which is just a few blocks away. And it’s the lower prices that have kept developers from scraping lots in Platt Park—like they’re starting to do north of I-25 in Wash Park—and building vastly more expensive homes. “There isn’t a lot of speculation yet in Platt Park,” says Erb. “A builder needs to make his profit, and that’s a harder sell there.”
What you get for your money: Platt Park shares many of the qualities you’ll find on the west side of Washington Park, including similar average prices in the mid- to high $400s. The price ceiling in Platt Park is about $800,000, which will get you new construction or a fully remodeled floor plan with perhaps some additions. More typically, you’re looking at a Victorian in the $400s, which might offer two bedrooms, two bathrooms, and a partially finished basement at somewhere around 1,500 square feet.
Denver Colorado Realtor -Michael Steffen Michael
is a motivated realtor specializing with investors and new home buyers located in the following areas; Denver
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