To continue with the story of new construction here in my beloved ‘hood (here and here), I thought it might be interesting to talk about the what's, where's and how much's of what's available here.
Your best bet for entry level single family homes (which includes attached duplexes and triplexes, but not condos or townhomes) is in East Bay. East Bay is just a few blocks from Sloan's Lake (my favorite park) and was developed in the mid 1990's. While the homes are detached (no common walls with other homes), they're on ridiculously small lots, so are probably better labeled patio homes. However, the homes have held up well through the last ten years and offer tremendous square footage for the price. I lived in East Bay for awhile in a 4 bedroom/4 bath house with over 2700 finished sqft. Prices in East Bay start in the mid-$300's, but they're not often available (and there's nothing right now)
Next we have Highlands Garden Village, AKA to locals as Old Elitch's. These homes were built in the late 1990's/early 2000's and again, offer lots of square footage on teeny tiny lots. The location used to be a bit suspect, but with all the development within Old Elitches and on Tennyson Street, it's gotten pretty darn trendy. Prices for the single family homes in HGV start around $400,000, and, like East Bay, aren't often on the market (nothing right now).
That pretty much does it for planned developments in NW Denver. The rest of your new single-family construction options are onesies/twosies scattered throughout the ‘hood.
At this time, there is only one newer construction single family listing under $400,000. It's an attached 4bed/4bath, 2300 sqft home built in 1999,on a busy street, priced at $350,000. We don't see another single family listing until $445,000, but there are plenty of options in that price range ($450,000 - $500,000). Most are in Berkeley, north of 38th, which isn't primo, but it may be some day! Here are some sample listings* of what's available today.
Over $500,000, you can have your location, location, location. There are listings right around Highland Square and near Sloan's Lake. Most of the homes are brand new, and while all are attached, offer serious square footage and sexy finishes. Many even feature roof-top decks! Here are some* of my favorites.
Over $600,000, frankly, I'm not seeing a huge improvement over the $500,000 offerings. I suspect many of the properties are simply overpriced.
Currently there are only two new DETACHED single family homes on the market, one at $660,000 and the other at $975,000. There are four under contract.
So... to summarize... if you're looking for a newer single family home in NW Denver, you have options priced from $350,000 to $1M. If you're happy with attached, you can have a brand spanking new home with lots of goodies starting around $450,000. If you'd really prefer not to share a wall with anyone, check out East Bay or Highlands Garden Village, or keep an eagle eye out for the rare detached properties that occasionally come on the market. (I do know of an AWESOME one coming soon - let me know if you'd like a head's up!)
* If the link doesn't work, it means that this property has gone under contract since the date of this posting.
Comments(0)