Updates For Washington Park West

Dated: 09/01/2014

Views: 413

Washington Park 

The highland neighborhood has long been Denver real estate agents’ consensus pick for the hottest area in town—but Washington Park is a close second. Like almost everywhere in the city, this quintessential Mile High ’hood took a hit at the end of the last decade. Even with cozy tree-lined streets and one of Denver’s most popular urban playgrounds as an anchor, Wash Park was down 10 to 15 percent on average between 2008 and 2012. Now, it’s rebounded. 

That activity—owed in part to tight inventory combined with the prestige of the neighborhood—has led to increased land values, particularly in the desirable pockets on the east side of the park between the 600 and 1000 blocks on Gilpin, Williams, High, and Race streets. In those areas, what was once a $550,000 lot is now closer to $700,000—and the new homes built on these spots will be easily twice, if not three times that price. Bottom line: Wash Park is back. 

What you get for your money: In Wash Park East, entry-level equates to the high $500s or even low $600s. (Maybe $400s if you’re willing to go for something that needs work.) For that kind of cash, you can expect a traditional bungalow with about 1,000 square feet on the main level, including two bedrooms and a bathroom, and a bed, bath, and family room in a remodeled basement. “The classic bungalow with the finished basement,” Erb says, “is hot, hot, hot.” Prices dip west of the park—from the mid-$300s up to the high $500s—where you’ll find more Victorians on smaller lots. 

Denver Colorado Realtor -Michael Steffen Michael is a motivated realtor specializing with investors and new home buyers located in the following areas; DenverArvada Aurora Bennett Byers Castle Pines Castle Rock Centennial Cherry Hills Village Columbine Valley Deer Trail Denver Elbert Englewood Franktown Greenwood Village Highlands Ranch Larkspur Littleton Lone Tree Parker Sedalia Sheridan Strasburg WatkinsWheat Ridge, Lakewood, Castle Rock, Thornton, Westminster, Evergreen, Golden. Michael Steffen 
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Generation Property Group

My name is Michael Ross Steffen. I’m an Exit Realty Cherry Creek Agent in the Denver metro area and Team Leader For Generation Property Group! We specialize in advanced Internet marketing, buying, s....

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