How will light rail impact pricing in Denver

By
Real Estate Agent with Your Castle Real Estate

 

 


Home appreciation near T-Rex light rail line stations have out-performed the market
Other cities such as Portland found that homes near light rail lines have out-performed the market in terms of price appreciation. The newest light rail line on the south east corridor (it was built during the T-REX I-25 expansion) bears this out. In the last two years, the average home within two miles has appreciated 4% while the metro Denver average is off 8%. We've shared this with our clients, and many decide to try to purchase homes near future light rail stops in anticipation of future appreciation.

Comments (1)

Ron Anderson
Your Castle Real Estate - Denver, CO

Hi. Wow, that is great information. This is such an exciting time to be in real estate. I mean, it's hard but it's going to be one of those moments in history that we'll be able to refer to and say we survived it.

Oct 29, 2008 03:39 PM