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Arvada's Tennyson Park Neighborhood - Newer Homes, Great Location!

By
Real Estate Agent with The DiGiorgio Group

Tennyson Park in Arvada Colorado has a lot of unique features to offer.

Built in 1999-2001, homes in Tennyson Park are newer than other Arvada homes in the vicinity, yet established enough to have full-sized trees lining the streets and shading the grassy yards.

Most of Arvada's newer neighborhoods are on the more-expensive western side. But in Tennyson Park, you can get more newer house for the money. Plus, if you will need to get on I-25 to head to Denver, Fort Collins, or you'll be at the airport more than a couple of times a year, this is a better location than neighborhoods farther west.

Tennyson Park has 2-story and ranch-style homes. There are 103 2-story homes, and six ranch style (one level homes). They range in size from 1,356 to 2,147 square feet.

Some of the lots are quite small, essentially patio home size. That's a big negative for some folks, but others would rather not have the upkeep of a yard, especially with so many parks and activities nearby.

There is an HOA, which is $50 per month for some homes and $100 for others. It covers trash removal and snow removal of the neighborhood streets.

There is no park in the neighborhood itself, but Tennyson Knolls Park is just on the other side of 63rd, and it's as big as the whole neighborhood! And Arvada itself is loaded with parks and family entertainment. A recent client of mine, after moving to Arvada, said, "Arvada is a giant playground!"

 

Tennyson Park homes sold in the *past year between $200,000 and $247,500. *4/9/2012 to 4/9/2013

 

Tennyson Park home prices have struggled since the high in 2007, basically maintaining their value but showing very little in the way of rising prices.  However, 2013 may be seeing a change - today is April 9 and three Tennyson Park homes have sold.  Taking out the one that was a short sale and sold for $200,000 leaves a sale of $235,000 and $247,500, an average of **$241,250.  Good news for Tennyson Park homeowners!

2007 average sales price = $258,296

2008 average sales price = $213,317

2009 average sales price = $223,810

2010 average sales price  = $222,667 (3 sales)

2011 average sales price = $221,567 (6 sales)

2012 average sales price = $226,444 (8 sales)

2013 average sales price (so far) = **$227,500 (3 sales)

 

As you can see, values haven't risen back to 2007 levels yet, but waiting to buy in this neighborhood could just cost you more. (BTW - if you're thinking of selling in this neighborhood, and you wait for prices to rise some more, they're just going to rise on the house you want to buy too. Just sayin')

Right now, there are no homes for sale in Tennyson Park and four under contract. The selling prices of the homes under contract are known only to the parties involved until after they close, but their list prices were $190,500 (a short sale), $219,950 (also a short sale), $239,900 and $242,500 (under contract in four days).

If you'd like to drive by and view Arvada's Tennyson park neighborhood, it's just east of Sheridan and South of 64th. Easy to find, and easy on the eyes!

If you'd like to see any home for sale in Tennyson Park - or any other neighborhood between Denver and Boulder - give me a call.

Click this link to see market reports for Arvada, Westminster, and Broomfield CO.

 

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Arvada is a historic town about midway between Denver and Boulder in Jefferson County, Colorado. There are many different neighborhood styles and homes prices, all served by well-loved schools. Call me to talk about the kind of neighborhood you dream of living in. 

Read more about life in Arvada, Colorado.

How to buy a house Denver to Boulder.

I write posts on real estate issues and local events in the Denver metro area, especially those communities between Denver and Boulder, as a public service. My hope is to give people an idea of the ‘flavor’ of our community, in case they’re new or moving to the Denver area.

I am a residential real estate agent, happily helping folks buy a house or sell a house in the beautiful and friendly suburbs northwest of Denver.  Read what past clients have said about me.

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Copyright © 2013 Joetta Fort, The DiGiorgio Group

Based on information from Metrolist, Inc. for the periods specified in the report.

Note: This representation is based in whole or in part on content supplied by Metrolist, Inc. Metrolist does not guarantee nor is in any way responsible for its accuracy. Data maintained by Metrolist may not reflect all real estate activity in the market content.

 

Posted by

Joetta Fort, Realtor       720-353-8031       joetta.fort@gmail.com