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I’d like to tell you about an area just to the East side of downtown Denver and it’s called, the East Highlands. I’ve mentioned the Highlands in a previous entry, but this is the East Highlands and it’s bordered by Federal Boulevard on the West side over to I-25 in the Platte River on the East side. It goes North to 38th Avenue and South to Speer Boulevard. This is a hot new area with a lot of rebuilding going on. There’s a lot of great close in,  downtown restaurants and a lot to do. You can literally just walk or ride your bike right across the bridge over to downtown Denver. Now, this area, because of all the building in it, there’s a lot of newer property, especially:

• condos

• lofts

• townhomes

But there’s still that classic, old brick ranch/bungalow style home. Because of all the development, it does have a little higher foreclosure rate, therefore it’s a little more affordable as the average sales price is under $300,000 and coming in about $277,000 over the past 18 months. There’s a 17% foreclosure rate here too, so it is possible to pick up a good foreclosure deal over here. The total market is down about 19% in the past 18 months, and that’s the average sales price. There’s a lot of opportunity here! There’s more property for sale, and it’s a closer to downtown locations. So, if this is the kind of area you’re looking for, you can search for property, either townhomes, lofts, or single-family homes on www.EasyDenverHomeSearch.com you can either put in the ‘Highlands’ or ‘East Highlands’ as the neighborhood or just do a map search of that particular neighborhood and you’ll find lots of properties offered anywhere from the mid $200,000’s all the way up to over $500,000. If this is an area that you’d like to find out more about you can contact me directly at 303-526-2606 or drop me an email  Sam [at] SamWilsonGroup.com Until Next time

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City Park, in Denver, is an area that is surrounded by York Street on the West side over to Colorado Boulevard on the East side. It goes from the South at Colfax all the way North to about 26th Avenue. This is a great area. There’s a huge park right in the middle of it called City Park.

City Park features:

• concerts in the summer

• a great public golf course

• a restaurant right there as well

There’s easy access from Colorado Boulevard and York Street and Colfax to get downtown or to the freeways. This is a terrific area with only an 8% foreclosure rate. It has home prices averaging about $343,000. It also has only dropped in price about 8% since the last 12 to 18 months. This neighborhood is actually holding up pretty well, considering what’s happening in the rest of the area.

Homes here are:

• the bungalow style

• tudors style

• old brick ranches

• some redevelopment (like a huge high-rise condo complex right on the South side of City Park.)

If this is an area that might be of interest to you, if you’d like more information, or just want to see what the houses look like over here just visit www.EasyDenverHomeSearch.com and put in ‘City Park’ when you search. Or use the map search feature to find the homes in the area.

If you want more information about the area some of the facts, the demographics and other helpful information, then just give me a call at 303-526-2606 or drop me an email Sam [at] SamWilsonGroup.com. I’d be happy to help you with this area or provide you any information to help you learn more about the area.

Until next time.

Today I’d like to tell you about the neighborhood known as Mayfair. It is just west and south of Park Hill and is a lot more affordable. The typical bungalow or tudor style of home in Mayfair is in the mid $200,000’s up to $400,000. This area hasn’t seen all the scraping and re-development that Park Hill has seen yet either. So, it’s more historic, more original early-Denver style.

It’s a really nice neighborhood with nice mature tree lined streets. You’ve got just a good mix of tudors, brick ranches and bungalows. Most of the houses have garages, either attached or they’re in the back, behind the house.

A Couple of the streets in the area have alleyways. One of my listings in Mayfair, which is on Glencoe Street, is a real nice little Brick Ranch that is listed at just $299,000, actually.

As always, if you’re looking for a property in Mayfair or Montclair, you can visit, www.EasyDenverHomeSearch.com and you can search in Mayfair. You can search by map, price range, whatever is easier for you. Of course you can always send me an e-mail to ask about a particular listing.

Until next time