What does $400K buy you today in the Denver Metro Area? Not nearly as much as it used to. Very strange when you start to search for inventory under $300K and very, very little shows up. According to the Denver Buisness Journal the average price of homes in the area now hedging over $454,000.
The amount of house $400,000 would buy you 10 years ago has changed drastically — so much so that Denver was recently ranked the No. 1 metro in the nation for home sales-price gains. Caitlin Hendee with DBJ says these days you may need to live at least an hour or more from the city core. https://www.bizjournals.com/denver/news/2017/07/31/what-400-000-or-less-can-buy-you-in-todays-metro.html
There are still plenty of great buys and having the Realtor that will be available quickly in this market is critical. Call me 303-718-6285 to see how I can help Deliver you Home or visit me direct and shop for homes here.
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