Denver's Light Rail and it's Pricing Impact

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)

Dave Burke
Your Castle Real Estate - Cherry Hills Village, CO

Your information reflects a true depiction of what is going on in the Denver market. I like the way you have put this information. It is insightful but matter of fact.  Do you send this information to your clients?

Nov 07, 2008 01:43 PM