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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

Ride along with Sam Wilson as he shows you around Golden, Colorado.

Today in Denver Real Estate I am highlighting Golden, Colorado, one of our great western suburbs just outside of the Denver metro area. Golden is famous for a lot of things.

Golden is famous for:

• Its location relative to the mountains. You’re a lot closer to the mountains when you’re in Golden. Jump right on I-70, be up at five world class ski resorts within an hour.

• Then of course there’s the beautiful views and the gorgeous setting of Golden, set right into the foothills of the front range.

• The School of Mines is one of the most famous and best engineering schools in the entire country.

• And of course, there’s the Coors Brewery. Don’t forget to stop by and take a tour of the brewery. (And here’s an insider tip from a local Golden resident, If you want to skip the brewery tour and get right to the tasting room to get some of the samples of the Coors Beers? Just ask for the short tour. That’s right! Just walk in and ask for the short tour and you’ll be directed straight to the tasting room for a few free samples of their great beers.)

Let’s look at the Golden Real Estate market. This is one of the best Real Estate markets in the Denver metro area because there’s a limited amount of supply. They actually have a growth limitation on building in Golden that I can tell you more about if you’re interested. However, this keeps the inventory very low and the demand very high. Thus, you’ll see some of the most sustainable pricing in the metro area. In fact, while most of the metro area has declined a little bit, the Golden area has actually increased.

So, when good properties become available, you want to be the first to see them and the first to make an offer on them. It’s very difficult to find a good inventory on Golden, it just goes so fast! So, the only way to do this is sign up for my E-mail alert service. Just go to www.EasyDenverHomeSearch.com, click on Golden and sign up for your free E-mail alert service of all the new listings.

You’ll get E-mail alerts everyday of all the new listings so we can be the first to go out and see them and get you an opportunity to purchase these properties. They do go fast! I have 2 listings in Golden right now and it’s hard to keep up with the amount of traffic and showings. I’m sure we’ll be in a multiple offer situation here very quickly.

The only way to get in on all the good deals in Golden is to go to www.EasyDenverHomeSearch.com sign up for the E-mail alert service and find that property today.

Until next time