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One of the least expensive places to live on the West side of town that’s close to the city and is experiencing an extremely high foreclosure rate is an area called Berkley. Actually there are 2 areas Berkley and Sunnyside. Berkley and Sunnyside are surrounded by 38th Avenue at the south and go from Sheridan over to Federal on the east and west. Then it goes up north to about Regis University which is about 60th Street, 58th Avenue. There’s another little area in there called Regis which is right around the University.

These areas have suffered a high rate of foreclosure, so they’re very good areas for both:

• Investors that are looking to fix and rent or fix and flip

• First-time buyers that are looking to get into a neighborhood for under $200,000.

These areas all have homes for under $200,000. In fact, the average price in Berkley in the past 15 months is only about $125,000. And that’s for a 2 bedroom, 1 bath house, maybe a garage detached out back. There’s other areas with prices as high as the low $200,000’s but most of them you’ll find to be in the mid $100,000’s up to $200,000.

If this is an area you’re interested in, you don’t want to wait, because these go fast in this area because of the foreclosures. Right now, there’s pretty low inventories so there’s multiple offers on a lot of properties. If you’d like to search for homes or go look at a home then just start with  www.EasyDenverHomeSearch.com you can use the map feature to search the area I outlined or just put in ‘Berkley’ or ‘Sunnyside’ or ‘Regis’ or all three in the city section on the search criteria.

If you have any more questions about these areas, you can also contact me at 303-526-2606 or just drop me an email at Sam [at] SamWilsonGroup.com

Thank you! Until Next time