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Applewood is in the western suburbs of the Denver Metro area and actually spans across 3 different cities.

It hits:

• Lakewood
• Golden
• Wheat Ridge

Nevertheless, this area is bordered by I-70 to the West all the way over to Kipling on the East. It goes from the North at about 32nd to the South at about Colfax. So, you can see it’s quite a large area on the map. That’s why it’s broken into 3 different parts of Applewood. There would be too much to get into all the different parts of Applewood right now, so I’d like to just go over it in general.

The average sales price is about $328,000 and the prices are only down about 9% in the past 15 months. This is well ahead of the decline in the rest of the market. This neighborhood does hold its value very well and it’s a great community with:

• good schools
• parks
• lots of recreation
• easy access to the freeways to get downtown to work
• up to the mountains to play

The area also features a nice little retail community in the center of Applewood with local shops and restaurants, all the way to the big national chains like Walmart and Walgreens.

This is really a terrific area and you can find homes in here anywhere from the $200,000’s all the way up to the $500,000 and $600,000’s, even more in certain areas. But in this particular neighborhood, it’s important to know that there’s a lot of properties that are coming of age. What I mean by that is there’s a lot of older sellers who have taken very nice care of their properties but just may need your touch and your love to update and upgrade them to the perfect home for you and your family.

So there’s lots of good deals over there in that regard. There’s also lots of homes that have already been fixed up and updated that are ready for you to buy and move right in. It’s a great area! It’s still up and coming. It’s holding its value and it’s  a super location for the West side of Denver.

If this is a neighborhood that might interest you, go ahead and search for a home using www.EasyDenverHomeSearch.com. You can use the map search feature or just put in ’Applewood’ under the neighborhood feature. You can also contact me directly, anytime, at 303-526-2606 or Sam [at] SamWilsonGroup.com to go out and look at any of these homes in the neighborhood.

Until Next time