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In the Western Suburbs of Denver there is a city named Arvada. Now, Arvada has about 12, maybe 15 different neighborhoods in it and there’s even smaller neighborhoods beyond that. There’s really too much information to cover all of Arvada but let me give you some general guidelines and, as always, if you’re interested in more information you can call me directly at 303-526-2606 or drop me an email Sam [at] SamWilsonGroup.com

Here’s some good information about Arvada.

First of all, the average sales price is right around the low $200,000’s. You can find properties in Arvada from the high $100,000’s all the way to the million dollar range. It just depends on what area you want to be in. Arvada runs from about I-70 on the south, all the way up to Stanley Lake and about 100th Avenue on the north end. Then it runs from the east side of Wadsworth all the way over to the West at Simms.

You can see this is a very big city on the map and there’s obviously a lot to choose from. There are foreclosures all over Arvada in all different price ranges. There are neighborhoods that are extremely stable – they haven’t had any foreclosures in the past 2 years. These are holding their values quite nicely.

Again, there’s just too many neighborhoods to get into, but I often get requests for Arvada and would love to take you through the city and give you ideas, based on the different price ranges. It features:

• a great little old town area right at 58th and Wadsworth – you just head to the West at 58th
• all kinds of great little shops
• restaurants
• coffee shops
• art

It’s just a great little community, especially on the weekends!

If Arvada is a city you’re interested in you can use www.EasyDenverHomeSearch.com to search for homes by the map area, using the streets I described or you can just put in the city of Arvada and price range you prefer.

Until Next time

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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

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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